We're here to help.
Every investor is unique, so let’s connect one-on-one.
Share a few details below and one of our specialists will reach out shortly.
*Required Fields.
Accredited Investors Only
Financewise Aave Fund
The Financewise Aave (AAVE) Fund is a smart and secure way to get exposure to AAVE. Get access to the leading DeFi lending and borrowing protocol* with the security and convenience of a traditional investment vehicle managed by a dedicated crypto asset management firm. The Fund offers investors a means of participating in the AAVE market while lowering logistical barriers to entry such as exchange access, custody, and execution costs.
* By total value locked (TVL).
Returns
As of April 16, 2022 4pm ET
Estimated NAV‡: $4.11
| 1 Month | 3 Months | YTD | 12 Months | Since Inception † |
|
|---|---|---|---|---|---|
| The Financewise Aave Fund* | 24.4% | -28.1% | -31.8% | -62.5% | -58.9% |
| Aave** | 24.6% | -27.6% | -31.4% | - | -58.0% |
* Fund returns are calculated net of expenses. The Fund is subject to a 2.0% Expense Ratio that includes the management fee, custody charges for holding the fund’s assets charged by the custodian, and customary fees and expenses of the fund administrator and auditor.
** Historical performance of Aave (AAVE) is not illustrative of the performance of the Financewise Aave (AAVE) Fund. The returns of AAVE are historical and unaudited and do not represent the returns of an actual fund. The historical returns of AAVE do not include the fees and expenses that are charged by any Fund investments. Actual Fund returns may differ materially from the historical returns of AAVE and past performance is not a guarantee of future performance. Please refer to additional important disclosures in the Fact Sheet.
† The Financewise Aave Fund inception date: April 2, 2021
†† Estimated NAV as of April 16, 2022 4pm ET; non-GAAP, un-audited.
Key Facts
Minimum Investment
Subscriptions
Weekly, on Tuesday and Thursday
Redemptions
Weekly, on Wednesdays*
Asset Class
Cryptocurrency
Investor Qualifications
Accredited U.S. investors only
* Requires a two-day notice period.
Fees and Expenses
Expense Ratio
Performance Fee
0%
* Expense Ratio includes the management fee, custody charges for holding the fund’s assets charged by the custodian, and customary fees and expenses of the fund administrator and auditor.
Details
Attorney
Wilson Sonsini Goodrich & Rosati
Administrator
Theorem Fund Services
Audit
WithumSmith+Brown, PC
Tax
Cohen & Company
Custodian
Anchorage Digital Bank
Sponsor
Financewise Investment Advisers
Offer Summary
Shares offered and sold under the exemption provided by Rule 506(c) of Regulation D
Taxation
The fund intends to be treated as a pass-through partnership for tax purposes. K-1s are prepared for investors.
Contributions
U.S. bank wires