Corporate events

Element ONE


Issuer: ELEMENT ONE LTD
ISIN Number: VGG299771086
Issue Description: USD CL B SHS
ISO CFI: CICXXX

As it was assumed by us at the beginning of May market correction happened. The S&P 500 lost more than 6.5% because of the next round of the trade war between the United States and China. Earlier this month, Donald Trump instructed to increase import duties on goods from China for a total of about $300 billion, which caused fears of rising costs for American companies. The market is in anticipation of the June Fed meeting, which may hint at a reduction of the key rate in the fall. In this case, the S&P 500 may come close to the level of 2950. Donald Trump's desire to reelect in 2020 speaks in favor of a rate cut, and for this to occur he needs a stable increase of indexes. Recall that since the beginning of his presidential term, Trump has criticized the Fed for high rates compared to other countries.

The positions of ALBEMARLE CORP (NYSE: ALB) and Nvidia (NASDAQ: NVDA) were closed at mid-May with stop loss order bringing an average loss of the opening price of 9% each. However, the presence in the portfolio of protective positions such as MCDonald’s (NYSE: MCD), Coca-cola (NYSE: KO), American Electric Power (NYSE: AEP), Schwab U.S. REIT ETF (NYSE: SCHH) reduced the funds losses.

While high uncertainty prevails on the US market, we are taking a neat approach to trading and use low-volatility instruments, including dividend stocks from the Utilities sector, which have a stable cash flow.

One of these purchases we published on the portal invest-idei.ru. Shares of Brookfield Renewable Partners L.P. (NYSE: BEP) have significant dividend yield. In addition, BEP generates electricity from renewable energy sources, which has a positive effect on the value of shares during the period of expensive oil. Currently, the company's shares are trading at +4% of the purchase price, the stop loss has been moved to the level of $32.5.

The NAV of Element ONE for the month fell by about 2%, which is generally the result of 2 times better than the wide market had. We are considering buying Interactive Brokers stocks (IEX: IBKR). In May 2019, the company showed a 15% increase in the average daily income from transactions compared to April 2019. We believe that the company's shares are in a consolidation phase and are ready for a new upward movement.
 

Mining.VG


Issuer: RAM Data Technologies INVT LTD
CUSIP Number: G7369L 106
ISIN Number: VGG7369L1067
Issue Description: EUR CL C SHS
ISO CFI: CICJMS

The sequent month ended with an increase in the cost of cryptocurrency. For the fourth month, Bitcoin adds to its value - its price as of the end of the day on May 31 was about $8,550, which reflects more than 62% of the increase to the closing price of April 2019. In the beginning of May, we assumed that, depending on the breakthrough of an important psychological level of $6,000 and the fixing of BTC above this mark, it would be possible to observe a new long growth cycle. In the short terms, based on technical analysis, we continue to expect Bitcoin growth to the level of $8,800–9,000, with possible repeated corrections in a small range from this level.

In May, there were lots of positive informational occasions from classical participants of the investment market which are expanding their operations into cryptocurrency This served as a strong signal to support BTC value and assisted with further growth.

For example, the company Crescent Crypto Index Services LLC submitted to the US Securities and Exchange Commission a request to launch cryptocurrency ETFs on the NYSE Arca exchange.

On May 13, a new record in terms of Bitcoin futures was set on the CME stock exchange in Chicago. Investors acquired 33,677 contracts, up almost 50% from the last record of 22,500 futures, which was recorded on April 4. Total sales on this day amounted to more than $ 1 billion.

A well-known platform Bakkt from the NYSE announced the launch of testing Bitcoin-futures in the summer of this year.

The Mining.VG Fund, in direct correlation with the cost of cryptocurrency, continues to bring investment income to its customers - in May 2019, the total yield, taking into account the accrued coupon, amounted to about 1% from the previous month (+0.55% excluding the coupon).

Currently, the Mining.VG fund is an attractive investment idea with a projected yield of about 20-25% per annum in euros without the risk of significant drawdown which is inherent to direct investments in cryptocurrency.
Private companies and investors of all scales are looking for new ways of cooperation. Now, anyone can own economic interest in the world-famous SpaceX, thanks to Ambisafe and RAISON.AI.

RAISON.AI and Ambisafe in collaboration with US Capital Global Bank launch the first large-scale sale of SpaceX shares using the DLT technology. These shares cannot be purchased on the public market, however, they are available via tokenized USPX securities.

«By using the blockchain technology and proper legal structures we have created the first legally compliant infrastructure for economic interest in large private tech companies. Pre-IPO tokens are a brand new type of assets that democratises financial markets.»

Andrey Berezin, Raison’s Global Head of Investment Strategies, explains what changes are introduced to the micro-investments landscape. «We are very excited to be partnering with Ambisafe to bring the first pre-IPO security token to the market,» Andrey says. «Everyone has heard of companies like SpaceX and many would love the opportunity to invest. However, because of the nature of private equity, few people are able and willing to spend the time, effort and money required to make these types of investments.»

Raison’s token-based innovation has already attracted numerous investors throughout Europe.

«Employing the blockchain as a ledger for their fund, Ambisafe has created efficiencies that allow us to sell fractionalized economic interest with a minimum investment of $100 or less,» Berezin continues. «This means that small investors around the globe will now have an opportunity to invest in the companies they love most from SpaceX and Reddit to Airbnb.»

Large investors have the opportunity to purchase smart contracts through the Global Technologies Private Portfolio fund without management fees. This service is available through investment company RAISON Asset Management with a minimum check of $50,000.

Element ONE


Issuer: ELEMENT ONE LTD
ISIN Number: VGG299771086
Issue Description: USD CL B SHS
ISO CFI: CICXXX

The S&P 500 index grew by more than 2.5% in April, the VIX (INDEXCBOE: VIX) - volatility index reached its lowest level since September 2018, oil added 5-6% in price and is currently consolidating.

In April 2019, the idea of long buy of Indian TATA Motors (NYSE: TTM) was closed in Element ONE. The target price of $17 (+ 16.28% of the entry point) was reached in 2 weeks. This transaction brought about 1.56% in the cumulative result of the month. Nvidia (NASDAQ: NVDA) shares have not yet reached the target price and are traded on May 8 adding 2-3% of the purchase price. Also in April, Albemarle (NYSE: ALB), one of the largest lithium producers, was added to Element ONE portfolio. A detailed analysis of the investment idea is available on our website or on the website of Tinkoff Bank, which recently began to use our analytics to provide recommendations to its customers.

The aggregate increase of the fund NAV for the month amounted to slightly more than 3%. We are watching the new round trading agreement negotiations between the US and China and believe in positive resolving of the situation. May 2019 might become a month of market correction and consolidation for further the S&P 500 movement to 3000 points. Also, our analysts are carefully studying the aerospace industry and assess the possibility of opening a short position on Airbus (EPA: AIR) due to the closure of the A380 production, as well as a long position on Boeing (NYSE: BA) in anticipation of correction after the ban on the operation of the Boeing 737 MAX.
 

Mining.VG


Issuer: RAM Data Technologies INVT LTD
CUSIP Number: G7369L 106
ISIN Number: VGG7369L1067
Issue Description: EUR CL C SHS
ISO CFI: CICJMS

Cryptocurrencies continue to grow. The price of the main digital currency, Bitcoin, as of the end of the day on April 30 was equal to about $5250, which is about a 28% increase to the closing price in March 2019. Our forecasts on the movement of BTC value to $6000 after consolidation at the $5000 mark in the middle of the month were 100% fulfilled. Already at the time of the preparation of this review, Bitcoin makes attempts to reach the price level in the region of $6000.

It is very important to note that the growth of Bitcoin takes place in the presence of a rather negative series of events: the claims of the US Attorney's Office to Bitfinex about fraud in the amount of about 900 million US dollars; another hacking of one of the largest exchanges - Binance for an amount of 41 million US dollars (by the way, and how can we not mention that we repeatedly recommended not to use the accounts on exchanges for keeping cryptocurrencies, but to store crypto assets in non-custodial wallets (without nominal holding by the exchange), for example, such as RAISON.AI).

But even despite such large negative events, RAISON.AI’s artificial intelligence engine assesses market sentiment as neutral with a transition to moderately positive. The further movement of the cryptocurrency market will be clear in the coming days, depending on the breakthrough of an important psychological level of $6000. If the bears fail to break the bulls attempts to break through and BTC consolidates above this mark, then in May we can talk about a new long growth cycle.

The positive dynamics of the cryptocurrency rate also made a positive effect on the Mining.VG fund. The third month in a row, the fund's share price shows an increase - April 2019 brought fund’s shareholders a cumulative yield of about 2.6%, taking into account the accrued coupon, compared to the previous month (+ 0.51% excluding the coupon). And over the past three months, the yield, taking into account the coupon, was about 5% (or 20% per annum). In April, the proceeds from mining amounted to about 11000 EUR, which gives the margin of the operating business with the current cost of electricity in the amount of about 45-50%. We believe that given the current trend in the value of BTC and other currencies, there is an excellent opportunity window for investing in new mining facilities and buying shares of the fund with both new and current investors of the fund.
Please consider that our Financial Institution will be closed on the following days due to upcoming state holidays:

01.05.2019 - 03.05.2019 - non-working days;

09.05.2019 - 10.05.2019 - non-working days.

All NAV calculations will be provided not later than 13th of May 2019.

Element ONE


Issuer: ELEMENT ONE LTD
ISIN Number: VGG299771086
Issue Description: USD CL B SHS
ISO CFI: CICXXX

By the end of March 2019 the S&P500 Index finished in a green zone, primarily due to the expectations of signing a trade agreement between the US and China. However, the rate of positive movement also as in February, slowed down twice compared to the previous month, which may indicate the market consolidation with a further reversal, or a sharp upward movement, depending on the news background.

In early March, Pirelli (BIT: PIRC) and Goodyear (NASDAQ: GT) were settled to Element ONE fund portfolio. Goodyear shares went a little lower than our stop-loss and the position had to be liquidated, however, Pirelli’s shares remained in the portfolio notwithstanding the 11% price drop and by the beginning of April reached 3% plus, stop-loss was set at $5.9. In the middle of the month we added Nvidia stocks (NASDAQ: NVDA) to our portfolio. The main drivers for the purchase were new background on the GTC19 conference and technical oversold of the securities. As of the end of March, the purchase of shares of the manufacturer of graphic chips provided more than 8% yield. Currently we have reduced the amounts of hedging positions and assume the possibility of testing the September S&P’ heights in the nearest future.

By the end of March 2019, the fund NAV added 0.71% to the previous month.
 

Mining.VG


Issuer: RAM Data Technologies INVT LTD
CUSIP Number: G7369L 106
ISIN Number: VGG7369L1067
Issue Description: EUR CL C SHS
ISO CFI: CICJMS

March 2019 was the second positive month for cryptocurrencies in general and BTC in particular. As we predicted at the beginning of March, an increase in volatility at increased trading volumes can be a serious signal to the growth of a crypto asset. Over the past month, the cost of the most capitalized cryptocurrency increased by about 8% from $ 3,793.60 (Kraken) to $ 4,095.20 (Kraken). Already in five days of April, BTC soared to a mark above $ 5,300, traded by mid-day on April 5, GMT + 0 in the region of $ 5,000, thereby adding about 23% to the opening price of the month.

Most analysts are of the opinion that growth should continue to a target mark of $ 6,000 per BTC. We also positively assess the possible dynamics of the bitcoin price movement, however, we believe that the market in the middle of April may undergo a slight correction. Upon fixing the price above the $ 5,000 mark, it will be possible to make predictions about the further price movement.

According to the results of March Mining.VG had a positive trend in the change in NAV for the second month in a row, adding about 0.15% (the net increase in investor income, taking into account the accrued coupon, was about 0.31% to February 2019). In the current dynamics, we continue to accumulate crypto assets to maximize the NAV of the fund. The marginality of mining at the BTC rate of $ 5000 is about 30% and, in the case of continued growth, the fund's profitability in the near future could reach up to 1-2% per month in dynamics.

Since April, we have begun to reflect in the test mode the yield chart on the fund page on the Raison AM website, taking into account the accrued coupon for a more transparent understanding of the investor’s net aggregate profitability.

Also from April 2019, the fund transfers of all crypto assets to an individualized account at the regulated financial institution RAISON.AI, which will increase the security of custody and optimize the cost of possible conversions, as well as reduce transaction costs. New wallets with balances used for storage are available in the mining.vg personal area.

At the end of the first quarter of 2019, the fund's customers were sent accumulated coupon income. All detailed information regarding each investor is available in the personal area of the fund.


Personal manager

Please provide us with your contact details by clicking the button below and our manager will revert to you shortly to answer all your questions.