June 2024 Fund Performance

JUNE:  -7.1%

CCI 30: -11.0%

2023: +49.3%

SINCE INCEPTION: +304.0%

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Market Update

Cryptocurrency and Digital Assets (“Crypto Assets”) corrected in June with the Bitcoin price down 14% from its peak at $72,000 in early June. This was initially triggered by cooling demand for Bitcoin (BTC) ETFs, global markets reacting to a deferred interest rate cut and Mt Gox announcing that it would start repayments in July, ahead of schedule. This was further exacerbated with concerns over the overvaluation of some newly listed tokens.

The market as represented by the CCI30 Index was down by -11%.  Portal Digital Fund down -7% whilst the Radiance Multi-Strategy Fund down -18% for June.

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June Performance

June :  -18.21%

CCI 30: -11.0%

2023: +76.5%

SINCE INCEPTION:  +16.33%