SQM Research Rates Monochrome Bitcoin Fund Investment Grade


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BRISBANE, March 2, 2021 – Monochrome is pleased to announce the Monochrome Bitcoin Fund (MBF) has received an investment grade rating from respected research house, SQM Research.

During the research rating process, Monochrome’s flagship product was reviewed on a number of key criteria including governance, compliance, team, liquidity and risks.

Achieving an investment grade rating provides Australian wholesale investors, platform providers and advisers with increased confidence in the Monochrome Bitcoin Fund.

Following this research, financial advisers are now able to consider the Monochrome Bitcoin Fund for their approved product list (APL).

Craig Hobart, Head of Distribution at Monochrome, commented: “Following a period of hard, diligent work by our team, Monochrome has earnt an investment grade rating for the Monochrome Bitcoin Fund. This represents an important step in providing market participants with access to the nascent asset class via a regulated and now rated managed investment scheme.

“We believe this rating confirms the quality processes employed in the delivery of the product, and gives financial advisers a new means to engage with wholesale clients and the market.”

The rating contained in this document is issued by SQM Research Pty Ltd ABN 93 122 592 036AFSL 421913. SQM Research is an investment research firm that undertakes research on investment products exclusively for its wholesale clients, utilising a proprietary review and star rating system. The SQM Research star rating system is of a general nature and does not take into account the particular circumstances or needs of any specific person. The rating may be subject to change at any time. Only licensed financial advisers may use the SQM Research star rating system in determining whether an investment is appropriate to a person’s particular circumstances or needs. You should read the product disclosure statement and consult a licensed financial adviser before making an investment decision in relation to this investment product. SQM Research receives a fee from the Fund Manager for the research and rating of the managed investment scheme. Please refer to the SQM research website for the definition of the rating received.

This publication has been prepared by Monochrome Asset Management Pty Ltd ABN 80 647 701 246 (Monochrome) the Investment Manager of the Monochrome Bitcoin Fund (the Fund). Monochrome is a Corporate Authorised Representative No. 1286428 of Non Correlated Capital Pty Ltd ABN 99 143 882 562 AFSL 499882 (NCC). NCC is the Trustee of the Fund. This publication has been prepared by Monochrome to provide you with general information only. In preparing this publication, we did not take into account the investment objectives, financial situation or particular needs of any particular person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. Neither Monochrome, NCC nor any of their related parties, their employees or directors, provide any warranty of accuracy or reliability in relation to such information or accept any liability to any person who relies on it. You should obtain professional advice and consider the Information Memorandum before making a decision in relation to this product. Any forecasts and hypothetical examples are subject to uncertainty and are not guaranteed. Past performance is not a reliable indicator of future performance. You can obtain a copy of the Information Memorandum for the Fund by contacting Monochrome at https://monochrome.co.

Jamie Grohman

Jamie Grohman

Marketing & Content Manager

Monochrome Asset Management

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