AOFEX & ICFM Jointly Build a Professional Asset Management Fund Platform and Open Registration for Fund Managers

Dear Users,

After the successful completion of AOFEX & ICFM First Quantitative Trading Competition, we will jointly build the first professional asset management platform in response to the needs of users. We are committed to providing issuance channels for fund managers, providing quality fund products for investors, and creating a healthy ecological environment.

AOFEX & ICFM Is Recruiting Professional Fund Management Team
AOFEX & ICFM recruits professional fund management team to continuously launch high-quality fund products.

According to the principle of being responsible for users and maintaining the interests of users, the professional fund managers will be strictly audited.

Any individual or institution that meets the application requirements can issue a fund product on AOFEX.

Application Process of Fund Manager:
1. Please send email to [e-mail] and submit the fund issuance application form for approval;
2. The fund manager who has passed the preliminary audit shall transfer the fund issuance fee of 10,000 AQ or equivalent OT to the account, and the investment margin of 20,000 AQ or equivalent OT, waiting for further review;
3. After approval, the fund will be listed online on the platform to have the exclusive fund name and it can be viewed on the fund subscription page;
4. The audited fund will get the exclusive fund code, which will be placed on the user's asset page for investors to view the net value of the fund at any time.

Fund Risk Control

• The professional fund manager shall pay the deposit when he / she conducts the asset management fund products;
• If there is a withdrawal of 8%, the platform will send risk warning to the issuer to remind investors to be alert to risks;
• If there is a withdrawal of 15%, the platform will restrict the issuer to increase the position and recommend the issuer to gradually close it;
• If there is a withdrawal of 20%, the platform will take over the fund, start the liquidation process, lock the trading authority of the account, return the remaining principal to the user, and protect the remaining capital of the investor;
• If the withdrawal is more than 20%, the platform will use the existing margin of the issuer to compensate the user's loss of more than 20%.

Settlement of Fund:

After the expiry date of the asset management fund product, the total income will be distributed equally according to the user's fund share of the asset management fund product within 3 working days. After the operation of the fund, the fund manager will receive 20% of the fund's income, and users can receive 80% of it.

For fund managers:  product income * 20%

For users: (total income * 80%) * (user share / total fund product share)

About ICFM:

ICFM team is composed of elites from Wall Street investment banks, top hedge funds and asset management institutions. It is committed to building a neutral, authoritative and professional quantitative trading and asset management platform. 

After the end of the First Quantitative Trading Competition, ICFM officially launched  one-click to start quantitative machine strategy in response to the needs of users. After participating in fund share subscription, users can also identify the QR code below and download the ICFM official app to view the fund trend and more details.

                                                          

Note: Only Android system is available at present.

Attentions:

• When the operation of the asset management fund product is completed and the reward is distributed, the fund share held by the user assets in the current period will be emptied;
• It can only use AQ for the paymentof fund subscription. After the completion of fund operation, they will use AQ to share the income equally;
• After thesuccessful fund subscription, redemption during the period is not supported, and it will be settled after expiry date of the operation.

Warm Prompt:

Digital asset is a high-risk investment product featuring by wild fluctuation, round the clock trading and so on. We highly recommend that users involve and invest very carefully after understanding the rules and risks. It is highly necessary to be aware of the risks by considering the experience and tolerance.

Thanks for your support!

AOFEX Team

August 6, 2020