DRAFT
Fund Review
DAFM Lime Street Capital SPC - Digital Opportunities SP
Performance as at Jul 2026
Digital Asset Funds Management (DAFM) is a Sydney-based investment manager specialising in the digital asset markets. It operates as a Corporate Authorised Representative of Quay Wholesale Fund Services. Founders and directors Clint Maddock and Mike Gilbert leverage their extensive experience in financial markets in guiding the firm. The team includes Chief Operating & Financial Officer Lissete Piedrahita, Head of Technology Adam Clench, and Head of Digital Asset Trading Tristan Durow.
| 1 Year | 3 Years3 | 5 Years3 | 7 Years3 | Inception3,4 | ||
| Total Return | Fund | 6.23% | 18.25% | 14.99% | N/A | 20.44% |
| Peer Group1 | -32.98% | 16.11% | 8.56% | N/A | 7.03% | |
| Index2 | 6.91% | 7.12% | 6.15% | N/A | 6.01% | |
| Volatility | Fund | 2.62% | 6.20% | 5.97% | N/A | 13.06% |
| Peer Group1 | 18.45% | 29.10% | 32.20% | N/A | 32.19% | |
| Index2 | 0.09% | 0.08% | 0.43% | N/A | 0.45% | |
| 1Digital Assets, 2RBA Cash Rate + 3%, 3Annualised, 4Nov 2024 | ||||||
Strategy Description
Digital Opportunities SP is a segregated portfolio of Lime Street Capital SPC, managed by Digital Asset Funds Management Pty Ltd. The strategy centres on high-frequency trading, aiming for low-risk arbitrage opportunities across digital asset exchanges. It identifies and capitalises on short-term pricing dislocations in cryptocurrencies and stablecoins such as USDT and USDC, rebalancing capital through proprietary algorithms to optimise returns while managing various risks. The portfolio may hold derivatives, futures, and other digital asset-linked instruments, employing leverage to enhance efficiency and liquidity.Cumulative Performance
Core Details |
PG = Peergroup Average | ||
| APIR: | Status: | Open | |
| Peer Group: | Digital Assets | Inception Date: | Nov 2024 |
| Strategy: | Digital Assets | Style: | N/A |
| Geography: | Global | Domicile: | Cayman Islands |
| Investors: | Wholesale | Distributions: | N/A |
| Fund Size: | US$ 31m | Manager FUM: | AU$ 100.78m |
| Applications: | Monthly, Initial: US$ 250,000 | Redemptions: | Monthly |
| Management Fee: | 2.00% (PG avg: 1.79%) | Performance Fee: | 25.00% (PG avg: 17.69%) |
| Buy/Sell Spread: | 0%/0% (PG avg: 0.20%/0.20%) | Hurdle: | N/A |
| Early Redemption Fee | No | High Water Mark: | Yes |
Please view https://fundmonitors.com/disclaimer.php for the full disclaimer. The content is updated monthly and only the current version should be used.
DAFM Lime Street Capital SPC - Digital Opportunities SP
Performance vs Digital Assets and RBA Cash Rate + 3%
Since May 2021, the Fund has returned 20.44% p.a., compared with the Peer Group's return over the same period of 7.03%. Over the past 12 months, the Fund has returned 6.23% vs the Peer Group's -32.98%. For the 3 and 5 year periods, the Fund has returned 18.25% and 14.99% respectively vs the Peer Group's returns of 16.11% and 8.56%. The Fund's returns have been delivered with a volatility of 13.06% p.a. vs the Peer Group's 32.19%.
| Year | Jan % | Feb % | Mar % | Apr % | May % | Jun % | Jul % | Aug % | Sep % | Oct % | Nov % | Dec % | YTD % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.17 | 0.20 | 0.10 | 0.01 | 0.11 | 0.13 | 0.03 | NA | NA | NA | NA | NA | 0.75 |
| 2025 | 2.48 | 2.75 | 1.47 | 0.87 | 0.65 | 0.40 | 1.88 | 1.33 | 0.64 | 2.72 | 0.49 | 0.17 | 16.99 |
| 2024 | 3.41 | 0.89 | 1.06 | 9.38 | 0.12 | 1.69 | 2.67 | 2.57 | 0.96 | 0.26 | 2.24 | 5.36 | 34.83 |
| 2023 | 1.05 | 0.54 | 0.71 | 0.90 | 0.11 | 0.23 | 0.44 | 1.42 | 0.37 | 0.97 | 0.06 | 1.16 | 8.25 |
| 2022 | 0.23 | 0.38 | 0.53 | 0.28 | 0.35 | 1.03 | 0.19 | 0.15 | 0.08 | 0.35 | -4.14 | 1.10 | 0.43 |
| 2021 | NA | NA | NA | NA | 28.16 | 0.83 | 2.19 | 2.62 | 2.86 | 1.85 | 3.72 | 4.36 | 53.67 |
| 1 Year | 3 Years | 5 Years | 7 Years | Inception | ||
| Total Return | Fund | 6.23% | 18.25% | 14.99% | N/A | 20.44% |
| Peer Group | -32.98% | 16.11% | 8.56% | N/A | 7.03% | |
| Index2 | 6.91% | 7.12% | 6.15% | N/A | 6.01% | |
| Volatility | Fund | 2.62% | 6.20% | 5.97% | N/A | 13.06% |
| Peer Group | 18.45% | 29.10% | 32.20% | N/A | 32.19% | |
| Index | 0.09% | 0.08% | 0.43% | N/A | 0.45% | |
| Sharpe | Fund | 0.84 | 2.11 | 1.86 | N/A | 1.25 |
| Peer Group | -2.25 | 0.52 | 0.32 | N/A | 0.28 | |
| Index | 1,171.24 | 1,397.80 | 251.25 | N/A | 236.48 | |
| Sortino | Fund | 3.35 | 28.99 | 5.50 | N/A | 8.13 |
| Peer Group | -2.01 | 0.66 | 0.25 | N/A | 0.19 | |
| Index | N/A | N/A | N/A | N/A | N/A | |
| Largest Drawdown | Fund | 0.00% | 0.00% | -4.14% | N/A | -4.14% |
| Peer Group | -34.72% | -34.76% | -48.59% | N/A | -48.59% | |
| Index | 0.00% | 0.00% | 0.00% | N/A | 0.00% |
Return in Index's 10 Best & 10 Worst Months %
Return in Index's 10 Best & 10 Worst Months %
Annualised Return vs Standard Deviation
DAFM Lime Street Capital SPC - Digital Opportunities SP - Annualised Return vs. Standard Deviation
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DAFM Lime Street Capital SPC - Digital Opportunities SP
Annual Returns
Annual Returns %
Drawdown
Drawdown%
Service Providers
| Trustee/RE: | Digital Asset Funds Management Pty Ltd |
| Custodian: | Digital Asset Funds Management Pty Ltd |
| Administrator: | ASCENT Fund Services (Singapore) |
| Auditor: | BDO Cayman |
| Legal: | Walkers (Hong Kong) |
| Prime Broker: | FalconX |
Available on Investment Platforms
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Key Staff
About AFM's Fund Reviews and Star Ratings
AFM's proprietary Star Rating system provides a quantitative ranking of performance and risk of funds in its peer group relative to similar funds. Funds must have a minimum 1 year track record.
Star Ratings for Performance reflects annualised return. Risk is a combination of downside deviation, maximum drawdown and longest drawdown, which are allocated in reverse.
| AFM Star Rating | Relative performance band compared to funds in the same Peer Group |
|---|---|
| ★ ★ ★ ★ ★ | Premium: The fund is in the top 10% of all funds in its peer group. |
| ★ ★ ★ ★ ☆ | Top Quartile: The fund ranges between 75 and 90% of all funds in its peer group. |
| ★ ★ ★ ☆ ☆ | Second Quartile: The fund ranges between 50 and 75% of all funds in its peer group. |
| ★ ★ ☆ ☆ ☆ | Third Quartile: The fund ranges between 25 and 50% of all funds in its peer group. |
| ★ ☆ ☆ ☆ ☆ | Fourth Quartile: The fund is in the lowest 25% of all funds in its peer group. |
All performances, rankings and Star Ratings are updated monthly. Past performance does not guarantee future performance.
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Disclaimer
The information in this report, including financial returns, strategies, and other content (collectively referred to as "Content") has been prepared and issued by Australian Fund Monitors Pty Limited (A.C.N. 122 226 724, AFSL 324476) otherwise referred to as AFM. The information and content herein is designed for holders of an Australian Financial Services Licence or for Wholesale or Sophisticated investors, and does not constitute personal financial advice, and is for general information purposes only. Users of this report or any Content of AFM's websites (the "Websites") should not act or make any financial decision without first seeking professional advice. Whilst the Content has been prepared with all reasonable care from sources which we believe are reliable, no responsibility or liability is accepted by AFM for any errors or omissions or misstatements contained herein.