The Professional Asset Management Fund Platform Is Officially Launched

Dear Users,

The registration of fund managers and teams has ended, after strict review of AOFEX & ICFM , a total of three participants were selected as the fund product issuers of AOFEX exchange. Now, the professional asset management fund platform has been officially launched, providing quality fund products and fund custody services for exchange users, and the subscription is about to start. Please pay more attention!

About OT: in order to promote the ecological construction of OT and celebrate the construction of asset management platform by AOFEX and ICFM, AOFEX has decided to take the issuance fee (OT) paid by the fund manager for the first phase of issuing fund products as security deposit to ensure that users' funds will not be lost! AOFEX has made a consist effort on the ecological establishment of OT, and we sincerely hope that users will actively participate in and work together!
 
Asset Management Platform
This platform is jointly built by AOFEX＆ICFM to provide users with fund products, fund manager / team custody of funds, and investment by portfolio and quantitative trading method, which is a collective investment mode of benefit sharing and risk sharing. AOFEX has been strictly screened and released for users to choose from and enjoy the benefits.

Participation Process:
1. Users can select fund products through the asset management fund page and buy shares after opening the subscription;
2. After the operation time of the fund product is completed, the income is distributed according to the share.

Activity Entrance:
1. Users can click [asset management fund] through the advertising space on the home page of PC / APP;
2. Users can click on the home page of PC / APP to enter.

Attentions:
1. After the subscription of fund is completed, it will be based on the actual amount of funds raised. Users can view the final amount of raised funds through the asset management fund page of [activity entrance];
2. If users participate in fund subscription, only AQ is available for the payment;
3. After the completion of fund subscription, users can view the net value of their own fund units through the asset page (updated at 0:00 every day);
4. Income: user income = (income amount *preset proportion) * (user share / total share)

Introduction of Fund Products
The fund products on the platform are strictly reviewed by AOFEX and launched by fund managers of a third party. AOFEX only provides fund product display and strict implementation according to risk control criteria.

NY ALLWEATHER I
Fund Code:NYAWT
Introduction:NY Asset Management is a professional asset management institution with in depth expertise in global financial industry. It is founded by a team of professional financial elites with more than 10 years of working experience.
Expected Rate % P. A.:6.66%
Purchasing Token:AQ
Total shares:1,000,000 AQ；
Single share price: 100 AQ;
Profit Distribution: Fund Manager: 20%; Fund Investor: 80%
Subscription Time: 15:00, August 15, 2020；
Operation Period：0:00, August 17, 2020 - 23:59, August 24, 2020

Pinewood Stable II
Fund Code:PWDII
Introduction: This fund is managed by the first AOFEX-ICFM quant competition winner Pinewood Advisors. It has come back with its second fund offering, the Pinewood Stable II Fund. The team and its strategy has a mix of profitability, stability, sound risk management and so forth and is one of those funds with few shortcomings.
Expected Rate % P. A.:6.66%
Purchasing Token:AQ
Total Subscription: 1,000,000 AQ；
Total shares:10,000 AQ；
Single share price: 100 AQ;
Profit Distribution: Fund Manager: 20%; Fund Investor: 80%
Subscription Time: 15:00, August 15, 2020；
Operation Period：0:00, August 17, 2020 - 23:59, August 24, 2020

MILLENNIUM ALPHA I
Fund Code: MLNNM
Introduction: Millennium Alpha I is created and managed by overseas institutional asset manager Millennium Advisors. The fund is an alpha fund with little to no exposure to market risk. It leverages robust statistical measures to study and trade the market, hence accompanied by less risk and drawdown.
Expected Rate % P. A.:6.66%
Purchasing Token:AQ
Total Subscription: 1,000,000 AQ；
Total shares:10,000 AQ；
Single share price: 100 AQ;
Profit Distribution: Fund Manager: 20%; Fund Investor: 80%
Subscription Time: 15:00, August 15, 2020；
Operation Period：0:00, August 17, 2020 - 23:59, August 24, 2020

Team Manager/ Team Risk Control Criteria
In order to protect the interests of users of the platform, AOFEX will strictly implement the following conditions to ensure that users' funds will not suffer heavy losses. The fund is an indirect investment tool and is entrusted by the fund manager / team. It is a collective investment mode of sharing interests and risks by means of portfolio and quantitative trading.
When issuing asset management fund products, professional fund managers / teams need to pay margin;
When in drawdown of 8%, AOFEX will send a risk alert to the fund manager, reminding them of related risks;
When in drawdown of 15%, AOFEX will restrict fund manager from opening new positions;
When in drawdown of 20%, AOFEX will take over the fund, initiate fund clearance protocol, lock trading permission, and return residual fund back to investors, in order to protect investors from suffering further losses.
If drawdown exceeds 20%, AOFEX will use issuer's risk deposit fund to compensate investors.
After the expiry date of the asset management fund product, the total income will be divided to the fund manager / team and users according to the preset proportion;
Within 3 working days after the expiry date of the asset management fund product, users’ income will be divided equally according to the share of the asset management fund product.

Fund Manager / team income = fund product income * preset distribution proportion
User income = (income amount * preset distribution proportion) * (user share / total 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 Phase of Quantitative Trading Competition, ICFM officially launched a one-click 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.

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