Merkle Tree Capital awarded Australia’s first investment grade rating for a diversified digital asset fund

by | Jun 28, 2022

Domiciled in Australia, the MTC Digital Asset Fund is a wholesale unit trust aimed at high net worths, family office investors and self-managed super funds (SMSF). It offers balanced exposure to several crypto assets including Bitcoin, Ethereum, Solana and Avalanche. The fund was rated by a leading research house, Independent Investment Research (IIR).

In the course of rating the fund IIR consider product management, underlying product construction, investment management, team stability, experience and performance, fees, risks and likely outcomes.

Ryan McMillin from Merkle Tree Capital said: “Until now only Bitcoin funds have been rated. While we believe in Bitcoin, diversified exposure will deliver better risk adjusted returns over the long term and avoid single asset risk.”

“This is an important step in the evolution of local digital asset investment, giving the advisor community access to a more sophisticated proposition with an independent rating that will support its addition to approved product lists.”

This news was recently covered in in an article by David Swan in The Australian