— Mad Mongoose Token provides an excellent opportunity to invest in crypto and equities while backing tangible assets for the token. It is known as an asset-backed token. All new subscriptions will be fully invested in the fund. As subscriptions increase, so will the token's be underlying value, providing stability for the token.
Mad Mongoose is a newly issued token in Nov 2021. Its ERC-20 token is available on the Binance Smart Chain, and trading takes place on the pancake swap exchange under the ticker MADD. The total token supply is limited at ten bn, with an initial price of 0.01 USD. The mad Mongoose token is tied to the Mad Mongoose LLC hedge fund and is backed up by tangible assets known as an asset-backed token.
Mad Mongoose LLC is an algorithm-driven fund focused on Nasdaq mega-caps, with a YTD performance of 55%. Using the Mad Mongoose token, individuals can use a proxy to buy and sell the fund instantly, without lockups or high minimum investments. An investment in Mad Mongoose provides an opportunity to invest in stocks and crypto simultaneously. Mad Mongoose assets will grow through a combination of new subscriptions and capital appreciation of the fund. There is complete transparency regarding the principles of the token and fund.
The use of the Mad Mongoose token provides instant liquidity for holders of the Mad Mongoose Fund. It also overcomes the high minimum investment requirements. It means that an investment traditionally only open to high net worth individuals is now available to anyone.
Mad Mongoose LLC (M Fund) is a St. Kitts/Nevis registered LLC with custody services provided by DBS Bank. Assets under management currently stand at USD 1.3m. The fund is an algorithm-driven investment vehicle that invests in mega-cap technology stocks from the Nasdaq 100 Index. Current holdings include Tesla, Meta, Microsoft, among others. The fund was started in 2021 and currently has a YTD performance of 55% as of November 21st, 2021. No leverage is used.
The MMF strategy is a high-Sharpe strategy that should easily outperform the Nasdaq 100 Index at acceptable risk levels. The founders have back-tested the strategy from the period 2011 to 2021. Current holdings include Microsoft, Netflix, Broadcom, among others.
Ulrich Krach is an experienced investment manager of Mad Mongoose, having spent over 20 years at leading investment firms in Europe, the Middle East, and Asia. The manager has extensive experience in algorithmic investing and trading, and the outperformance from this methodology has proven itself far superior to traditional asset management methods.
Mad Mongoose is a new asset-backed token launched on the Binance Smart Chain. Our goal is to access a top-performing Algo tech fund to the masses, allowing for 24/7 trading, instant liquidity, and no minimum investment.
Intending users can visit www.maddmongoose.com for more information.
Release ID: 89058243