For the last year and a bit I have been following the MN Fund performance mainly as this is purely a crypto fund. When I enquired about the MN Fund over a year ago the way the fund operated did not suit my expectations as it was more trade signal based and not physically controlled.
The trade signals was where the MN Fund had issues because anyone who followed the trade prompt would have different end results depending on when the trade happened with many unable to do the trades at the exact same time and as we know a few minutes let alone a few hours can have such different end results. This fund was eventually shut down when the new MiCA crypto regulations went live.
The Fund reopened 6 months later and why the MN Fund has only been active for a short period of time and there are two different readings with the investment as they have still kept the €10K balance so one can see both results.
I follow them as who knows maybe I will invest into this MN Fund as I do expect them to do well. The team has kept the figures real and no fake stuff to lure people in and this is what I like to see.
The inception date was July last year and the MiCA regulated Fund is actually from January this year. The inception MN Fund date till now shows 22.62% gross profit and since January this year only 11% because they achieved 40% gross profit this month. The gross part is they have not subtracted their fees off that figure so it will be slightly less for their investors.
I have been following the portfolio on what they have been buying and selling and this 40% earned this month has been trading Near, Link, AVAX, Plume and Grass. The portfolio is constantly changing besides the core holdings of Bitcoin and Ethereum.
I have maintained from day one this is a see how it goes because I kind of know this MN Fund will do well once we hit the green candles of a Bull Cycle. What has been interesting to see is how seasoned traders have been struggling in the crypto markets this year so we have little to no chance of getting similar results. This is not easy and whoever invested at the beginning of this year could easily double or triple their investment by this time next year. Having other earning options whilst still remaining in crypto is what interests me and why I will continue to monitor this MN Fund each month.
The minimum investment for the MN Fund is Euro 100K so this is serious money and this fund is regulated by the Netherlands Financial Authorities. The important take for those in crypto is the MN Fund has outperformed Bitcoin by 50.1% since the inception date so this may not woo those outside of crypto because they would not understand that part or significance of that stat like we would. This is not just dollars or euros, but how many more more sats are in your portfolio.
Posted Using INLEO
