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DIGITALX LIMITED — Fund Information / Factsheet 2024
Nov 11, 2024
64762_rns_2024-11-11_1dd1440e-a686-4fc3-875c-c1a56933c58b.pdf
Fund Information / Factsheet
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ASX ANNOUNCEMENT 12 NOVEMBER 2024 OCTOBER BITCOIN AND DIGITAL ASSET EXPOSURE
DigitalX Limited ( ASXDCC, OTCQBDGGXF ) (“ DigitalX ˮ, “ the Company ˮ) provides the following monthly update to shareholders regarding its funds under management FUMand the value of Bitcoin and digital asset holdings as at the end of October 2024.
The DigitalX Bitcoin Fund (“ DXBF ˮ) increased 15.9% over the month, while the DigitalX Fund (“ DXF ˮ) increased 10.9%. This performance is notable against the S&P Cryptocurrency Top 10 Equal Weight Index AUD (“Indexˮ), which increased 3.4%. Digital assets outperformed the All Ordinaries Index which fell 1.4% over the month and AUD gold, which increased 10.7%.
DigitalX has one of the longest track records in managing digital asset funds globally. Over an almost six year history, the actively managed DigitalX Fund has generated an annualised return of 19.3% while the passive Bitcoin Fund has returned 56.3% per annum since its inception almost five years ago. During this time, there has been significant market volatility as the asset class emerged without clear regulation or guidelines.
Following the recent US election outcome, there has been a fundamental shift in the outlook for digital assets.
The DigitalX Asset Management Team is strategically targeting opportunities arising from anticipated changes in SEC leadership and the supportive digital asset legislation introduced during the recent election campaign. Accordingly, the DigitalX funds are well positioned to capitalise on these structural changes. The multi-asset DXF is fully invested in high conviction positions poised to benefit from the regulatory clarity, while institutional adoption of Bitcoin as an uncorrelated asset in a diversified portfolio continues to drive demand.
For information on the DigitalX digital asset funds please visit www.digitalx.com/funds/
DigitalX Limited | ASXDCC | 59 009 575 035 | Suite 2, Level 4, 66 Kings Park Road West Perth WA 6005 | digitalx.com
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DIGITALX HOLDING AS AT 31 OCTOBER 2024
| $AUD | |
|---|---|
| DigitalX Bitcoin and digital asset holdings1,2 | $39.3m |
FUNDS UNDER MANAGEMENT AS AT 31 OCTOBER 2024
| $AUD | |
|---|---|
| Total funds under management3 | $44.0m |
HISTORICAL FUND PERFORMANCE[4] AS AT 31 OCTOBER 2024
| Performance over time (net of fees) | Bitcoin Fund | DigitalX Fund |
|---|---|---|
| October | 15.9% | 10.9% |
| Year to date (calendar) | 74.1% | 37.3% |
| 3Month | 8.3% | 2.1% |
| 6Month | 12.1% | 1.5% |
| 12Month | 99.8% | 74.6% |
| 2Year | 229.8% | 109.2% |
| 3Year | 30.0% | 22.6% |
| 5Year | N/A | 526.9% |
| Total Return Since Inception | 735.3% | 210.6% |
| Annualised Return Since Inception | 56.3% | 19.3% |
MONTHLY PERFORMANCE COMPARISON FOR THE MONTH OF OCTOBER
| Asset class | Performance % |
|---|---|
| Bitcoin Fund | 15.9% |
| DigitalX Fund | 10.9% |
| S&P Cryptocurrency Top 10 Equal Weight Index AUD | 3.4% |
| Gold5 | 10.7% |
| Equities All Ords)6 | 1.4% |
1 Includes ~114.9 Bitcoin and ~129.0 Ethereum held as corporate treasury and DigitalX’s unit holding in the funds at month end.
2 Excludes cash at bank.
3 All data based on unaudited Net Tangible Asset (NTA) calculations prepared by the fund administrators at 31 October 2024, BTC price of $72,335 USD
4 Past performance is not indicative of future performance.
5 Based on AUD price at 31 October 2024 per https://www.perthmint.com/historical_metal_prices.aspx.
6 Based on closing price of All Ords Price Index per https://www2.asx.com.au/about/market-statistics/historical-market-statistics.
DigitalX Limited | ASXDCC | 59 009 575 035 | Suite 2, Level 4, 66 Kings Park Road West Perth WA 6005 | digitalx.com
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For further information, please contact:
Investor Enquiries Media Enquiries DigitalX Limited Third Hemisphere Greg Dooley Jeremy Liddle Interim Chief Executive Officer Managing Director E [email protected] T61 480 097 479 E DigitalXThirdHemisphere.agency
About DigitalX
DigitalX Limited ASXDCCis a technology and investment company focused on growing the blockchain economy through its digital asset funds management business, digital fintech and regtech products, and blockchain ventures.
DigitalXʼs product team designs and develops blockchain technology applications for business and enterprise organisations.
Through its asset management division, DigitalX provides low-cost traditional asset management products for qualified investors looking to gain exposure to the growing alternative asset class of digital assets, including Bitcoin.
DigitalX is currently commercialising Drawbridge, the Companyʼs first regtech solution which is supporting listed companies to better manage their compliance and corporate governance policies. With Drawbridge, companies can manage employee and director share trading approvals in order to safeguard their reputations.
www.digitalx.com | www.opendrawbridge.io | www.sellmyshares.com.au
DigitalX Limited | ASXDCC | 59 009 575 035 | Suite 2, Level 4, 66 Kings Park Road West Perth WA 6005 | digitalx.com