Crypto Money Fund Dollar Hedge II Report

Crypto Money Fund Dollar Hedge II (CMFDH II) - 2023 Report

Performance Summary: Crypto Money Fund Dollar Hedge II (CMFDH II) gained 44.51% before fees in the 4th Quarter of 2023, and 90.27% for the year.

This gain contrasts with Bitcoin's 57% increase in the quarter and the S&P 500's 11.51% rise.

2023 CMFDH II Graph

Key Questions for 2023

  1. Did we leave too much potential gain unclaimed?
  2. Did we prematurely cut losses in our options positions?

We have hired a quant and a Citadel alumnus to address both questions.

When you’re hedged, there's always some silver lining in a downturn and a sense of missing out during market rallies.

Thank you for investing with us, or consider joining us! We look forward to seeing you at the end of the 1st quarter.