BCMG Genesis Bitcoin Fund-I (BGBF-I) is South East Asia’s first insured and regulated Bitcoin fund. The Bitcoin-exclusive fund is regulated in Labuan, Malaysia, and offers insurance coverage and underwriting for Public Offering Security Insurance (POSI), adding an extra security level to its clients’ investments. BGBF-I is supported by an ecosystem of stakeholders and collaborators with a strong Asian presence.
The fund is administered by the dynamic best-practice provider of regulatory compliance and professional services, Alpha Calibration, and audited by Hong Kong-based auditing firm HLB Hodgson. Labuan based IBH Investment Bank serves as the main Fund Advisor to BGBF-I, Raja Riza & Associates serves as the Legal Advisor, and BCMG Limited serves as the Fund Manager. All investments are made with a target of generating attractive yield in regular intervals.
The BGBF-I leverages an Artificial Intelligence (AI) powered blockchain-based platform provided by the world’s first fully insured crypto exchange CGCX.io. The exchange has a highly complex and unique infrastructure that protects assets against cyber-attacks and hacks.
With security in mind other measures include having all investment subscription contracts held in custody with regulated banks. All investors must go through mandatory Anti-Money Laundering (AML) and Know Your Customer (KYC) screenings.
BGBF-I is a regulated and insured Bitcoin denominated fund, adding an extra layer of safety and security for its investors. Traditionally the majority of people trade Bitcoin by taking a positional or directional call on the price movement based on various available factors in the market.
This is the first of its kind Bitcoin fund which institutionalizes the active management of the digital asset to provide a steady return on investment. The investors can feel safe with fixed returns from the fund and avoid the volatilities of Bitcoin.
Investment in BTC | 100 |
|---|
Rewards in iBG * | 50,000 |
|---|
Year | 1 | 2 | 3 | 4 | 5 |
|---|
Dividends ** |
Yearly Dividend (%) | 12% | 15% | 18% | 21% | 24% |
|---|---|---|---|---|---|
Monthly Dividend (BTC) | 12 | 15 | 18 | 21 | 24 |
Yearly Performance (above yearly dividends hurdle rate) *** |
Performance (%) | 13% | 10% | 7% | 4% | 1% |
|---|---|---|---|---|---|
Distributed Performance (BTC) | 1.30 | 1.00 | 0.70 | 0.40 | 0.10 |
Net Benefits |
Yearly Benefits (BTC) | 13.30 | 16.00 | 18.70 | 21.40 | 24.10 |
|---|---|---|---|---|---|
Cumulated Benefits (BTC) | 13.30 | 29.30 | 48.00 | 69.40 | 93.50 |
This is just for illustrative purpose and actual performance may vary significantly from the above projections
- * At issuance : 1 iBG = 1 USDT = 1 USD
- ** Distributed on a monthly basis. Lockup period renewal each year for the 5 years.
- *** All the BGBTC holders at the end of the year (performance period) are eligible for a 10% bonus. The 10% is calculated on the fund’s performance over and above the 12% hurdle rate. For example if the fund performance is 24%, token holders shall receive 10% of (24%-12%) which is 1.2% additional returns as a bonus. Out of the remaining 90% (of the excess 12%), 25% goes to the Pvblic Foundation under UN blockchain commission and GPs, 65% goes to the iBG token improvement.
Partners
Stakeholders
Fund Administrator
Auditor
Fund Manager
Fund Advisor
