Dear Matrixport users:
Matrixport Fund is a financial product that utilizes diverse arbitrage strategies. Run by a professional fund management team, it helps users achieve high returns. Matrixport currently offers BTC funds and USDT funds. Adopting market-neutral strategies, these funds are intended to provide long-term investment returns in various market conditions. Our risk management team is monitoring the fund products in real-time. To improve the relative inflexibility of redemption, we are now offering products with different open days.
To balance the varying return preferences of users and their preference for capital flexibility, Matrixport currently offers three types of fund operations.
I. Networth Type- Monthly fixed-open day after the lock-up period
Apply to: Fund No.1 （BTC), Fund No.2 (USDT), Fund No.3 (BTC), Fund No.6 (BTC), Fund No.7 (BTC), the Fund No.8 (USDT)
Rules: The fund enters into a lock-up period when the fundraising ends and enters into open days after the lock-up period. There are three fixed open days per month, and the product is available for purchase or redemption during these days.
Open Days for Fund No.1(BTC): 7 May-10 May; subsequent monthly scheduled
Open Days for Fund No.2 (USDT): 7 February-10 February; subsequent monthly scheduled
Open Days for Fund No.3 (BTC): 7 March- 10 March; subsequent monthly scheduled
Open Days for Fund No.6 (BTC): 7 May- 10 May; subsequent monthly scheduled
Open Days for Fund No.7 (BTC): 7 July- 10 July; subsequent monthly scheduled
Open Days for Fund No.8 (USDT): 20 July- 22 July; subsequent monthly scheduled
Return Calculation: The fund updates its monthly net value on the 5th day of each month, and the users' return is reflected by the increase of the net value of fixed shares.
II. Networth Type- Rolling lock up after the lock-up period
Apply to: Fund No.5 (USDT)
Rules: The fund will enter into a lock-up period when the fundraising ends and enter into a three-day redemption period after the lock-up period. After the end of the redemption period, the fund enters into the second lock-up period. The length of the lock-up period remains unchanged but has no monthly fixed open days.
Redemption Period for Fund No.5 (USDT): 20 April- 22 April; Confirm purchase or redemption on 24 April, and the second lock-up period starts; ends on 23 August, users can choose to re-purchase or redeem..
Return Calculation: The fund updates its monthly net value on the 5th of each month, and the users' return is reflected by the increase of the net value of the fixed shares.
III. Fixed Income Type: settle at a fixed income basis at the end of a fixed term
Apply to: Fund No.4 (BTC)
Rules: Its rules are similar to those of Fixed Income, where the principal and interest are settled in a lump sum at the end of a fixed investment period, based on a fixed yield. This type of fund is designed to protect investors' preferred returns.
Return Calculation: settle at a fixed yield according to the product description
Funds Timetable during April and May 2021:
From 2021-04-20 to 2021-04-22: the redemption period for Fund No.5. Enter into the second lock-up period after the redemption.
From 2021-05-07 to 2021-05-10：open days for Fund No.1 (BTC). The same opening days for next month
From 2021-05-07 to 2021-05-10: open days for Fund No.2 (USDT). The same opening days for next month
From 2021-05-07 to 2021-05-10: open days for Fund No.3 (BTC). The same opening days for next month
From 2021-05-07 to 2021-05-10: open days for Fund No.6 (BTC). The same opening days for next month
Special notes:
The lock-up period of Fund No.1 (BTC) ends on 20 April. It's first open days after the lock-up period are from 7 May to 10 May. The net value on the opening days is based on what is updated on the 5th of May. If any user needs an early redemption before the opening days, please contact your sales manager or customer service. We will handle it for individual cases.
The quota for Fund No.1 (BTC) is limited, and no more quota for future purchases.
Matrixport Team
20 April 2021