The announcement comes after it had received consent from the Securities and Futures Commission to manage portfolios that invest in virtual assets.
The open-ended fund intends to provide actively managed exposure and dynamic allocation to the main liquid cryptocurrencies with a focus on long-term portfolio growth through diversification, tactical flexibility, and professional oversight beyond single-asset strategies such as Bitcoin ETFs.
William Chow, deputy group CEO of RFO and responsible officer of RAMHK, said in a statement: “This fund comes at an opportune time that meets clients’ underserved needs for a professional partner to manage their crypto assets – whether they are crypto natives or traditional finance investors looking for exposure to digital assets.”
Available to professional investors only, the fund is offered in US dollars.
“The fund also reflects our long-term conviction in digital assets as an essential part of wealth portfolios,” added Chow (pictured). “We see digital assets as a strategic asset class that will play a lasting role in wealth preservation and growth.”