After a volatile start to 2020 and a testing year for investors worldwide, Invictus Capital has shown its capability to withstand all unfavorable climates while still delivering consistent and positive results for its investors. The company has ushered in the new year with incredible, record-breaking fund performance over the fourth quarter.
Invictus Capital has seen a tremendous increase in its assets under management rising by 43% to $65.6 million toward the end of the year. The increased AUM has found support from the successful launch of the InvictusCapital.com Token (ICAP) in December 2020, which is expected to accelerate organic, mutually beneficial growth for both investors and the company.
ICAP, an ERC-20 token on the Ethereum blockchain, was developed with the goal to incentivize effective long-term investment behavior through the reward of earning ICAP. The ICAP token is distributed to investors that lock (or stake) their Invictus Capital fund tokens for a fixed period, ranging from one to 12 months. The ICAP token derives value through Invictus Capital apportioning 10% of all fee revenue to purchasing tokens off the secondary market and reducing the overall supply through a process known as buy-and-burn (fees allocated rise to 20% as progressive AUM targets are reached). Investors can claim their ICAP from the staking vault and have complete control over their staked tokens in the redesigned investor portal. In addition to the Invictus Wallet, any wallet that supports ERC-20 tokens will be able to hold ICAP. To date, Invictus has seen a dramatic buy-in from investors to stake their fund tokens, and currently, it has over $18 million in funds locked.
The seven Invictus funds combined have delivered an outstanding simple average return of 45% for investors over the fourth quarter (with none experiencing a decline).
Summarised fund updates
Crypto20 was made available for purchase directly through the Invictus Platform, increasing the ease of use to all existing and potential investors. This further enabled investors to acquire C20 tokens at the prevailing Net Asset Value without the market depth limitations and fees associated with using centralized or decentralized exchanges. In terms of performance, the fund saw a gain of 63% during Q4, closing the year with an incredible 180% gain and a token NAV of $1.03. The platform includes the ability to now purchase C20 tokens directly from Invictus rather than being forced to third-party exchanges.
Crypto10 Hedged enjoyed an explosive fourth quarter, with its token’s value closing at $2.53, gaining 88%. In the first weeks of 2021, C10 tripled its starting value, achieving an annualized return of 69% since its March 2019 inception.
Bitcoin Alpha Fund, the latest fund offering from Invictus Capital, launched in August 2020, has performed exceptionally well over the quarter to register a 117% return — representing a total return of 101% since fund inception.
The Invictus Margin Lending Fund delivered strong risk-adjusted returns in Q4, achieving an industry-leading annualized percentage yield of 13.25%. IML surpassed the $4-million mark in assets under management, doubling in size over the quarter, which was a fantastic achievement.
The Invictus Hyperion Fund, a tokenized venture capital fund, continued to demonstrate the quality found within the portfolio companies, with a return of 29% in the fourth quarter (largely driven by the revaluation of fast-growing portfolio company OVEX, which operates the largest crypto OTC desk in Africa), bringing the total return since inception to an impressive 212%.
Daniel Schwartzkopff, CEO of Invictus Capital, said:
“We are extremely appreciative of the support we’ve encountered from our community over the quarter, and we hope to continue along this path of mutually beneficial growth. The future looks bright for crypto and Invictus Capital.”
Invictus Capital Quarterly report can be downloaded here.