Select 5 Index
An index fund providing pure beta exposure to the top 5 cryptocurrencies with a yield generating strategy
Strategy & Methodology Overview
The Select 5 Index Fund is designed to represent the overall cryptocurrency market and currently covers over 77% of crypto market capitalization.
Benchmarked to Wave Select 5 Index: top 5 cryptocurrencies (market cap
weighted, monthly rebalance). There is strict inclusion criteria that ensures exposure to only quality cryptocurrencies as determined by the Wave Select 5 Index investment committee.
It is designed to outperform the benchmark as a portion of underlying assets are lent out to generate yield.