| Fund Type: | Single | Discretionary/Quantitative: | Quantitative |
| Strategy: | Digital Assets | This Funds FUM (millions): | AU$1.58m |
| Style: | N/A | Fund Inception Date: | Since 01 May 2021 |
| Geographic Mandate: | Global | Latest Return Date: | July 2026 |
| Fund Domicile: | Australia | Investor Type: | Wholesale |
| Status: | Open | Reporting Status: | Pending |
| Manager: | Digital Asset Funds Management Pty Ltd | Total FUM for all funds: | AU$100.78m |
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Manager Overview:
Digital Asset Funds Management (DAFM) is a Sydney based investment manager specialising in Digital Asset (Cryptocurrency) markets. DAFM is a Corporate Authorised Representative (Registration No. 001285765) of Quay Wholesale Fund Services Pty Ltd (AFSL 528526). DAFM has a team of twenty five financial market and software development professionals who have decades of experience successfully trading traditional financial markets. The investment team utilise best practices from their collective experience in the highly competitive traditional markets, and apply these to the nascent digital markets. The directors and founders of DAFM are Clint Maddock and Mike Gilbert, who are also the founders and directors of Ark International Group (AIG), an Australian owned and based proprietary trading company established in 2012. |
Fund/Strategy Overview:
The investment objective of the Fund is to generate profits by making investments, directly or indirectly, in established cryptocurrencies as well as by identifying emerging opportunities in cryptocurrencies and low risk arbitrage opportunities. Each Class adopts a different investment strategy; - Digital Income Class identifies and trade low risk arbitrage opportunities between exchanges and digital assets; - Digital Index Class returns the performance of a basket of digital assets; - Bitcoin Index Class returns the performance of Bitcoin. Bitcoin Index Class offers an easy and efficient on ramp into the most recognised digital asset. The experience of the investment management team will aim to secure against the risk of losing coins and ensure the costs of maintaining the position are minimal. The Fund may obtain leverage, when deemed appropriate, including, without limitation, through borrowing cash, securities and other instruments and entering into derivative transactions and repurchase agreements. DAFM has a currency hedging policy in place for the Units in the Fund. Units in the Fund will be hedged against exposure to assets denominated in US dollars through a trading account with spot, forwards and options as directed by DAFM. |
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| Other funds operated by manager: | |||
| DAFM Digital Income Fund (Digital Income Class), DAFM Lime Street Capital SPC - Digital Opportunities SP | |||
| Minimum Investment: | Minimum Additional Investment: | Minimum Term: | Investment Frequency: |
| AU$100,000 | AU$10,000 | Monthly | |
| Regular Savings Option: | Regular Savings Min. Amount: |
Regular Savings Max. Amount: |
Regular Savings Freq.: |
| No | N/A | ||
| Redemption Notice: | Redemption Frequency: | Notes: | |
| Monthly |
|||
| Distributions: | Distribution Frequency: | Last Distribution Date: | Last Distribution Amount: |
| No | n/a | n/a | n/a |
| Offshore/Onshore: | Fund Structure: | Share Classes: |
Trustee/Responsible Entity: |
| Onshore | Unit Trust | AU$ | Digital Asset Funds Management |
| Administrator: | Prime Broker: | Custodian: | Legal: |
| ASCENT Fund Services (Singapore) | N/A | Fireblocks Ltd | Baker McKenzie |
| Management Fee: |
Performance Fee: |
High Water Mark: |
Hurdle: |
| 2% | % | N/A | N/A |
| Buy Spread: | Sell spread: | Early Redemption Fee: | Fees Notes: |
| % | % | No |
| Latest Return Date: | Latest Result: | Fund Inception Date: | Annualised Return: |
| July 2026 | 7.32% | 01 May 2021 | 4.28% |
| Latest 3 Months: | Latest 6 Months: | Latest 12 Months: | Latest 2 Years p.a.: |
| -17.07% | -26.84% | -52.38% | -5.91% |
| Latest 3 Years p.a.: |
Latest 4 Years p.a.: |
Latest 5 Years p.a.: |
Latest 7 Years p.a.: |
| 26.70% | 26.53% | 10.90% | N/A |
| % Positive Months (S.I.): |
Average Return: | Average +ve Return: | Average -ve Return: |
| 55.56% | 1.71% | 13.10% | -12.53% |
| Best Month: | Worst Month: | Up Capture Ratio (S.I.): |
Down Capture Ratio (S.I.): |
| 50.22% | -37.37% | 92.71% | 99.06% |
| Largest Drawdown (S.I.): |
Longest Drawdown (S.I.): |
Current Drawdown (%): |
Current Drawdown (Months): |
| -67.39% | 27 months | -52.38% | 12 months |
| Annualised Standard Deviation (S.I.): |
Downside Deviation (S.I.): |
Sortino Ratio (S.I.): |
- |
| 57.73% | 36.06% | 0.03 | - |
| Sharpe Ratio (12 months): |
Sharpe Ratio (3 years): |
Sharpe Ratio (5 years): |
Sharpe Ratio (S.I.): |
| -1.78 | 0.61 | 0.40 | 0.31 |
| Please note, Sharpe and Sortino ratios are calculated using the Australian Risk Free Rate | |||
AFM's Quintile Rankings show performance and Key Performance Indicators (KPI's) of DAFM Digital Income Fund (Bitcoin Index Class) compared to a peer group of funds with a similar strategy and geographic mandate. Each green square places a fund in one quintile (or 20%) of its peer group - five indicating that the fund is in the top (best) quintile for the corresponding KPI.
As a reference point the equivalent "quintile" performance of the peer group's underlying market index is also indicated by the red dot.
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Historical Performance (all figures shown here are net of fees unless otherwise stated)
| Year | Jan % | Feb % | Mar % | Apr % | May % | Jun % | Jul % | Aug % | Sep % | Oct % | Nov % | Dec % | YTD % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -8.87 | -25.40 | 8.48 | 9.02 | -3.95 | -19.55 | 7.32 | N/R | N/R | N/R | N/R | N/R | -33.33 |
| 2025 | 8.81 | -17.16 | -2.95 | 12.75 | 10.42 | 0.71 | 7.15 | -8.84 | 4.95 | -3.47 | -17.69 | -6.03 | -16.05 |
| 2024 | 5.11 | 50.22 | 14.38 | -15.35 | 10.50 | -11.81 | 10.14 | -12.29 | 6.21 | 16.58 | 44.12 | 1.07 | 159.56 |
| 2023 | 30.49 | 5.19 | 20.51 | 4.44 | -5.54 | 8.70 | -4.51 | -7.20 | 3.98 | 29.20 | 4.55 | 7.41 | 137.16 |
| 2022 | -14.39 | 5.41 | 7.02 | -10.71 | -17.37 | -34.73 | 22.04 | -12.14 | 2.65 | 4.69 | -18.94 | -2.80 | -57.78 |
| 2021 | N/R | N/R | N/R | N/R | -37.37 | -2.55 | 21.69 | 14.98 | -5.71 | 37.73 | -3.23 | -20.19 | -14.34 |
Historical Financial Year Performance (all figures shown here are are percentage per month net of fees unless otherwise stated)
| Year | Jul % | Aug % | Sep % | Oct % | Nov % | Dec % | Jan % | Feb % | Mar % | Apr % | May % | Jun % | FYTD % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026/2027 | 7.32 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 7.32 |
| 2025/2026 | 7.15 | -8.84 | 4.95 | -3.47 | -17.69 | -6.03 | -8.87 | -25.40 | 8.48 | 9.02 | -3.95 | -19.55 | -52.45 |
| 2024/2025 | 10.14 | -12.29 | 6.21 | 16.58 | 44.12 | 1.07 | 8.81 | -17.16 | -2.95 | 12.75 | 10.42 | 0.71 | 91.10 |
| 2023/2024 | -4.51 | -7.20 | 3.98 | 29.20 | 4.55 | 7.41 | 5.11 | 50.22 | 14.38 | -15.35 | 10.50 | -11.81 | 99.17 |
| 2022/2023 | 22.04 | -12.14 | 2.65 | 4.69 | -18.94 | -2.80 | 30.49 | 5.19 | 20.51 | 4.44 | -5.54 | 8.70 | 61.06 |
| 2021/2022 | 21.69 | 14.98 | -5.71 | 37.73 | -3.23 | -20.19 | -14.39 | 5.41 | 7.02 | -10.71 | -17.37 | -34.73 | -34.73 |
| 2020/2021 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -37.37 | -2.55 | -38.97 |
