The assets and security of the fund are supervised and protected by the fund trustee (BKEX). BKEX Global will carry out daily supervision and liquidation of fund assets strictly in strict accordance with the agreed conditions to ensure the normal operation of products and the security of fund funds.
1. Liquidation conditions
The liquidation line (net value) during the operation period was 0.60
When the net value is greater than 0.5 and less than or equal to 0.60 for 14 consecutive trading days, it shall be immediately liquidated.
Net value < 0.5, the fund will be immediately liquidated.
The fund manager can supplement the net value with his own funds to ensure that the liquidation conditions are not triggered.
2. Due liquidation conditions
The duration of the fund is one year, and the fund will terminate and complete the liquidation on December 31, 2021
3. Safety cushion clause
The fund manager uses 200,000 shares of his own investment fund units as the safety cushion of the fund.
At the end of the period, if 0.8 ≤ net value < 1.00, the fund manager shall bear the loss, and the principal of consumers will not be affected.
When the liquidation conditions during the operation period are triggered and the net liquidation value is less than 0.5 (under extreme market conditions), the fund manager shall bear the additional losses.
- Investors who invest in the fund shall bear their own investment risks;
- In addition to the direct sales of the fund by BKEX Global, the fund also sells through other digital asset trading institutions. BKEX Global will strive to ensure the security of the income or principal of its users.