MuntMogul Digital Large Cap Fund
Private Placement Is Open. Invest through your Payment Processor.
- Benchmark CompositionComposite benchmark based on the Digital Asset Reference Rates Provided by CoinDesk Indices, Inc. for each digital asset held by the Fund.
- CUSIPG40705108
- ISINKYG407051088
- BloombergGDLC US
- OTCGDLC
- Inception Date02/01/2018
- Annual Fee2.5%
- AUM$163,423,533**‡
- Shares Outstanding15,867,400‡
- DLC per share-
Diversified exposure to large cap digital assets
MuntMogul Digital Large Cap Fund allows investors to more effectively implement strategic and tactical asset allocations that incorporate digital assets by using the Fund's shares. The Fund seeks to hold large cap digital assets that collectively comprise 70% of the entire digital asset market.
SEC Reporting
The Trust is a U.S. Securities and Exchange Commission (SEC) reporting company with its shares registered pursuant to Section 12 (g) of the Securities Exchange Act of 1934. The Trust will file quarterly and annual reports as well as audited financial statements with the SEC.
Robust security and storage
MuntMogul Digital Large Cap Fund’s assets are stored in offline or “cold” storage with Coinbase Custody Trust Company, LLC, as Custodian. The Custodian is a fiduciary under § 100 of the New York Banking Law and a qualified custodian for purposes of Rule 206(4)-2(d)(6) under the Investment Advisers Act of 1940, as amended.
Supported by a network of trusted service providers
Davis Polk & Wardwell LLP serves as legal counsel to the Manager of the Fund. Maples and Calder serves as Cayman counsel. Financial statements for the Fund are audited annually by Marcum LLP.
Eligible for tax-advantaged accounts
Shares of the Fund are eligible to be held in certain IRA, Roth IRA, and other brokerage and investor accounts.
Publicly quoted
Eligible Shares are quoted on OTCQX under the Symbol GDLC, making it possible to buy or sell Shares continuously through the trading day at prices established by the market.
Eligible shares are quoted on the OTCQX®, the top marketplace operated by OTC Markets, and registered pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended. Investors can buy and sell shares through most traditional brokerage accounts at prices dictated by the market.
No Data Found
Market Price / Share *
At close as of 01/05/2023
$4.1
Day Change
Holdings / Share **
At close as of 01/05/2023
$10.3
Day Change
Market Price *
Returns (At close as of 01/05/2023)
| 1 Day | 1 Month | 3 Months | YTD | 12 Months | Since Inception |
|---|---|---|---|---|---|
| 9.85% | -% | -% | 9.85% | -% | -% |
Fund Components per Share‡
At close as of 01/05/2023
Holdings / Share **
Returns (At close as of 01/05/2023)
| 1 Day | 1 Month | 3 Months | YTD | 12 Months | Since Inception |
|---|---|---|---|---|---|
| 0.29% | -1.15% | -16.06% | 3.21% | -67.38% | 3.00% |
Past performance is not necessarily indicative of future results.
For NAV Per Share and AUM calculated in accordance with US GAAP Methodology.
**Digital Asset Holdings per share is calculated daily at 4pm ET, based on the applicable CoinDesk Index or Reference Rate. If you would like to see how Holdings is calculated, please refer to the applicable Product’s disclosure language on OTC Markets or in its private placement memorandum.
*Products displayed with a Market Price per Share also maintain a public quotation on the OTC Marketplace. To date, these Products have not met their investment objective and the Shares of such Products quoted on OTCQX have not reflected the value of digital assets held by such Product, less such Product’s expenses and other liabilities, but instead have traded at both premiums and discounts to such value, with variations that have at times been substantial.
*Represents the Products’ Market Price per Share as quoted on the OTC Marketplace. For additional information, visit the OTC Markets website at www.otcmarkets.com.
‡ As of 1/5/2023
- Investment Objective Shares are intended to reflect the value of the Fund’s market cap-weighted portfolio of large cap digital assets, less fees and expenses.
- Benchmark Composition Composite benchmark based on the Digital Asset Reference Rates Provided by CoinDesk Indices, Inc. for each digital asset held by the Fund.
- Investor QualificationsAccredited Investor (Only Applies to Private Placements)
- Minimum Investment Requirement$50,000
- Manager's Fee2.5% Annually
- Extraordinary ExpensesThe Product may from time to time incur certain extraordinary expenses, which are payable by the Product.
- Performance Fee0%
- Assets Under Management$163,423,533**‡
- SubscriptionsDaily
- DLC Holdings per Share ($)Calculated and published on business days at 4:00pm ET time.
- Secondary Market TradingFollowing a six month holding period, shares are eligible to become unrestricted and resold in the public market.
- RedemptionsRedemptions of shares are not currently authorized.
- IRA Eligibility & Other Self-Directed AccountsSubscriptions can be made with IRA assets through Pacific Premier Trust, the Entrust Group, and others.
- CUSIPG40705108