Requirement and Eligibility
To apply in-specie, you are required to:
- Read the Product Disclosure Statement (PDS) and Target Market Determination (TMD) for the respective fund you wish to apply to.
- Complete the subsequent steps (1 to 4).
1. Submit a Portfolio Transfer Request
Complete this form on the Monochrome website to submit a portfolio transfer request.
Please include your contact details, the asset type, transfer amount and its origin.
2. Share Registry Onboarding
Complete the respective online application form(s) with our share registry Automic using the buttons below. The AUD application amount is a placeholder and can be an estimate of the value of your application at the time of submission.
IBTC Application Form
IETH Application Form
Important Notice
The online application form includes mandatory filtering questions to assess the suitability of this product. Please review the respective funds Product Disclosure Statement (PDS) and Target Market Determination (TMD) carefully before proceeding.
The Responsible Entity is unable to accept applications if responses to the filtering questions indicate that this product may not be suitable for you, noting that due to the volatility of the underlying asset this product is only suitable for investors with an extremely high-risk appetite.
Automic may contact you directly to confirm AML/KYC requirements.
Refer to the guides and links below for information about individual applications to the Monochrome Bitcoin ETF (IBTC) and Monochrome Ethereum ETF (IETH).
- Individual Investor Application Guide
- More information about the Monochrome Bitcoin ETF (IBTC)
- More information about the Monochrome Ethereum ETF (IETH)
3. Digital Asset Transfer
Once your application is approved and onboarding is complete, Monochrome will provide deposit instructions.
Part of this process requires the applicant to confirm the origin of the assets - either the exchange it is currently with or the address if it is self-custodied.
A test transfer is required before sending the full amount.
Note: The application amount is net of network fees and you are responsible for all associated network transfer fees and costs.
*Always verify the origin of the deposit instructions originate from the monochrome.co domain. Monochrome will never contact you first to request a transfer of your digital assets.
4. Units Issued
If onboarding is complete and assets are received before 1PM Sydney time, your application will be processed based on the 4PM Hong Kong AUD benchmark on that day.
Units will generally appear in the Automic investor portal the following business day, marking completion of your application.
5. (Optional) Transfer Units to a Brokerage
You may transfer your units from the share registry to a supported brokerage account via SRN to HIN transfer. Refer to the links below for guides on common Australian brokerages.
Note: To request an in-kind withdrawal/redemption, units must be held under an SRN and transferred back to the share registry.
Monochrome Asset Management Pty Ltd makes no representations, warranties, endorsements, or recommendations regarding any broker or financial intermediary, nor are we affiliated with these entities. By clicking the links above you are leaving monochrome.au and visiting a third-party website. Monochrome Asset Management Pty Ltd is not responsible for the contents of third-party websites.
Note: The guides provide general information only and may be subject to change at any time without notice. It does not constitute financial product advice. You should obtain independent advice from an Australian financial services licensee before making any financial decisions.