21Shares Algorand ETP (ALGO)/  CH1146882316  /

Fonds
NAV2024-11-07 Chg.+0.0358 Type of yield Investment Focus Investment company
1.2620USD +2.92% - ETN Worldwide 21Shares 

Investment strategy

This product is a non-interest bearing bond under Swiss law that is fully secured by holdings of Algorand (ALGO) or other assets denominated therein. This product"s primary listing is SIX Swiss Exchange but it may be listed on additional exchanges and MTFs. Typically, those products are known as exchange traded products (ETPs). ALGO is designed to provide exposure to the performance of Algorand (ALGO) (the underlying asset(s)). Price data (in USD) from CryptoCompare (https://www.cryptocompare.com/) is used to calculate the price of the reference asset. The securities are only issued directly to authorised participants (who are generally regulated financial institutions) in return for delivery of the underlying asset(s) which must be newly minted or sourced from a defined list of crypto currency exchanges. All assets relating to the securities are secured by way of a pledge to a collateral agent acting on behalf of investors.
 

Investment goal

This product is a non-interest bearing bond under Swiss law that is fully secured by holdings of Algorand (ALGO) or other assets denominated therein. This product"s primary listing is SIX Swiss Exchange but it may be listed on additional exchanges and MTFs. Typically, those products are known as exchange traded products (ETPs).
 

Master data

Type of yield: -
Funds Category: ETN
Region: Worldwide
Branch: ETN Special
Benchmark: -
Business year start: 01-01
Last Distribution: -
Depository bank: Coinbase Custody Trust Company LLC
Fund domicile: Switzerland
Distribution permission: Switzerland
Fund manager: -
Fund volume: 3.69 mill.  USD
Launch date: 2021-11-22
Investment focus: -

Conditions

Issue surcharge: 0.10%
Max. Administration Fee: 2.50%
Minimum investment: 1.00 USD
Deposit fees: -
Redemption charge: 0.10%
Key Investor Information: -
 

Investment company

Funds company: 21Shares
Address: Dammstrasse 19, 6300, Zug
Country: Switzerland
Internet: 21shares.com/de/
 

Countries

Global
 
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