The Real World Asset Tokenisation Fund (“RWAx Fund”, “the Fund”), invests in a portfolio of real-world assets for attractive risk-adjusted returns by digitising assets and asset management processes.
The Fund also represents a step change in the evolution of fund management. This approach provides Investors with benefits including increased accessibility to certain asset classes, improved liquidity as well enhanced portfolio transparency for improved risk management.
DigitalX Asset Management Pty Ltd (DXAM) is the investment manager of three investment products that provide qualified investors with high secure and streamlined access to digital assets, including BTXX – our retail offering on the ASX.
DXAM was established in 2018 and is a wholly owned subsidiary of DigitalX Limited (ASX: DCC), a leading ASX-listed digital investment management company focused on growing the blockchain economy through its digital assets funds management business, digital fintech and regtech products, and blockchain ventures.
The ETF is physically backed by Bitcoin. The investment objective is to track the performance of Bitcoin in Australian dollars before expenses and fees, which are detailed in the applicable PDS.
The DigitalX Bitcoin ETF (BTXX) is an exchange traded fund on the ASX.
The Fund is only intended for investors who understand the risks involved in investing in a product with cryptocurrency exposure. Any investment in these products should be very closely monitored due to the high price volatility of the underlying cryptocurrencies.
The fund is based on the US Bitcoin value converted into Australian dollars and as such is also subject to exchange rate risk.
Please refer to the Product Disclosure Statement for further details, and in particular the risks associated with an investment. Investors should seek their own independent financial advice in relation to investing in the Fund prior to making an investment decision, in order to determine the suitability of the Fund to their individual circumstances.
By clicking ‘I Accept’, you acknowledge that you have read and understood the above, and agree that you will carefully read in full, the product disclosure statement for the applicable Fund (including the Risk section), before investing in that Fund.
As part of bridging the gap between digital assets & traditional finance, you will be provided the wallet address with these tokens, adding additional transparency to the underlying composition of the investment pool & proving the holdings behind the calculation of the indicative daily NAV.
You will gain exposure to a portfolio of real-world assets across various industries and asset classes, including but not limited to: real estate, venture capital, private credit, commodities, interests in managed investment schemes (MIS) as well as corporate & government bonds
Tokenisation and digital assets are a new and novel form of technology. With contemporary illiquid and inaccessible assets, there are severe restrictions getting exposure to these types of asset classes. DigitalX has created RWAx to work towards this, creating finance for impact.
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What is the purpose of the RWAx Fund?
The Fund offers the safety of a traditional financial and regulated structure while also embracing the opportunity of the new technology of asset tokenisation, blockchain and smart contracts.
What does the RWAx Fund invest in?
The Fund invests in a portfolio of factionalised real-world assets across multiple asset classes including cash, properties, commodities, venture capital, private debts and bonds.
How do I know the portfolio composition of the RWAx Fund?
Investors will be provided the wallet address with these tokens – contract address link available here. This adds transparency to the underlying composition of the investment pool.
What are the withdrawal / redemption periods?
The Redemption Request Form accounts for a 30-day notice prior to the desired withdrawal date at the end of month. At the discretion of the Manager, this may be suspended or altered, thereby taking priority at the next redemption month.
How are assets fairly valued?
The fair value of an asset depends on a number of relevant factors including the nature of the asset, the initial cost and size of the holding of the asset, the price and trading of similar assets, market quotations from independent pricing sources, and referring the matter to a pricing committee formed to assess these factors.
This valuation methodology is used to calculate the Unit price – also known as the indicative Net Asset Value (NAV) – by calculating the total value of the Fund’s assets, adjusting for any accrued expenses and liabilities of the Fund. Then, dividing the net value by the total number of Units held by all investors on that day.
What is the minimum investment amount?
For an eligible Wholesale Investor, it amounts to AUD $50,000.
Without a supporting account’s certificate, it amounts to AUD $500,000.
Can I trade these tokens freely?
As a possible future circumstance, the tokenised version of the Fund’s Units (RWAx) will be tradable on a private placement basis or on a digital exchange, potentially offering further liquidity opportunities for Unit Holders. Investors will be notified ahead of any secondary trading opportunities – subject to laws and compliance obligations in place at the time.
