"Safe harbour for capital growth and preservation in a highly volatile crypto market" Can anybody explain this to me? Why is this safe? Is this not affected by the volatility of cryptocurrency?
Since FND is not tied to either BTC or ETH, your investments will not be affected by other cryptocurrencies price fluctuations. Thus, it is safe for investors that can purchase tokens with their cryprocurrencies and thus hedge their investments and avoid high volatility of cryptocurrencies.
In general, this is safe, because the dual strategy of combining early access to high growth companies with a diversified private equity portfolio run by professional managers offers a safer harbour for capital growth and preservation in a highly volatile market. Rather than invest in individual companies, which may or may not succeed, the fund invests in the industry as a whole, insulating investors from individual company price fluctuations. Essentially, it provides protection from the possible crypto market correction. Please also note that Finles Capital Management, the manager of the Lowestoft Private Equity Fund, is not a high-risk start-up as the overwhelming majority of similar projects.