Ainslie Bitcoin & Bullion Fund

Perform, Protect, and Optimise.

✓ Bitcoin performs

The best-performing asset of the last decade.

✓ Precious metals protect

A proven hedge against inflation and uncertainty.

✓ Ainslie optimises

Professional management for resilience and profitability.

Key Fund Facts

Investment Objective:

The Fund aims to achieve above average capital growth over the medium to long term through a strategic allocation to Gold, Silver, and Bitcoin.

Minimum Investments:

The initial minimum investment amount is $50,000, with additional investment amounts of $25,000.

Applications, Redemptions & Unit Pricing:

Weekly.

Trustee:

Ainslie Wealth Holdings Pty Ltd (ACN 647 626 784) (CAR No. 1315240) (‘Ainslie Wealth Holdings’ or ‘Trustee’) is Trustee and issuer of the Fund.

Investment Manager:

Ainslie Wealth Pty Ltd (ACN 676 264 583) (CAR No. 1315239) (‘Ainslie Wealth’ or ‘Investment Manager’) is a specialised entity within the Ainslie Group and the investment manager of the Fund.

Investor Materials

Invest With Us

Core Asset Focus

Bitcoin

Highly sensitive to phases of liquidity and macroeconomic cycles.

Gold & Silver

Enjoy the increase in global liquidity (debasement of currency) and protect against macroeconomic downturns (recession/crisis).

We DON’T do Speculative and Cyclical Industry Trends:

NFTs, Yield Farming, Altcoins, Memecoins, use futures, derivatives, wrapping or bridging.

Our Strategy & Investment Framework

Our asset allocation process is guided by the belief that global macroeconomic and liquidity conditions are the primary drivers of asset prices.

Through continuous monitoring of various economic indicators, we assess the current phase of the global economic cycle, which influences financial markets. This enables us to allocate capital strategically to capture opportunities arising from expanding global liquidity and mitigate risks associated with liquidity tightening.

  1. Global Liquidity Cycle.

  2. Global Macro Cycle.

  3. Bitcoin Cycle.

+ Supporting Data.

Our Global Liquidity and Macro Cycle Indicator

Shows financial markets in Mid Cycle.

Supporting Data

Lead Indicators in Support of Our Global Liquidity and Macro Cycle Indicator:

  • Global Liquidity Index.

  • Weekly Global Liquidity (in Real Dollar Terms).

  • U.S. Growth: ISM Manufacturing and Services PMIs with 3 Month Leading Indicator.

  • U.S. CPI Inflation with Leading Indicator.

  • U.S. Fed Funds Effective Rate vs Yield Curve and Total Government Debt.

  • U.S. Dollar Index and Weekly Cycle Signals.

  • Bitcoin Cycle Signals.

  • Gold: Silver Ratio.

  • Central Bank Liquidity Heat Maps.

  • Bitcoin Market Positioning Clusters.

Global Liquidity within Macroeconomic Cycles

Early Cycle

(Disinflationary Boom)

Tight credit, reduced spending, central banks ease, look-through markets front run.

Mid Cycle

(Inflationary Boom)

High liquidity, declining interest rates, shrinking output gap.

Late Cycle

(Stagflation)

Peak growth, hawkish central banks, rising asset yields.

Bust

(Deflationary Bust)

Liquidity declines, Wider risk premiums, economic slowdown, wide output gap.

Bitcoin drawdowns are severe, but they can be mitigated.

In an era defined by rapid technological advances and geopolitical shifts, market volatility has become a more prominent feature of the investment landscape. Rather than shying away from this volatility, the Ainslie Bitcoin & Bullion Fund embraces it as a core component of its strategic asset allocation.

  • By actively managing exposure to Bitcoin, Gold, and Silver, we are able to capitalise on short-term price fluctuations while maintaining a stable long-term investment trajectory.

  • We view volatility not just as a risk to be mitigated, but as an opportunity. This perspective allows us to enhance returns by tactically adjusting asset allocations in response to market conditions. This dynamic approach ensures that we are always positioned to both respect and take advantage of rapid market movements, whether bullish or bearish.

  • By incorporating both traditionally stable assets like Gold and Silver with the more volatile Bitcoin, we achieve a balanced portfolio that can absorb shocks and capitalise on opportunities. This combination mitigates the risk inherent in volatility, monetary expansion and currency debasement, while allowing investors to benefit from potential high returns offered by Bitcoin during periods of monetary expansion.

Benefits

  • Strategic Asset Mix: Access a curated portfolio of Gold, Silver, and Bitcoin, precisely and strategically allocated for resilience and growth in a fluctuating economy.

  • Dual-Advantage Investments: Benefit from assets with a proven track record of not just safeguarding but also increasing profitability.

  • Secure, Direct Redemption: Take additional comfort in the assurance of physical, in-specie redemption of assets, securely stored by an Australian custodian.

  • High Liquidity: Weekly cash and in-specie redemptions with highly liquid assets, ensuring accessibility.

  • Expert-Led Growth Strategy: Trust in our macroeconomic analysis and global liquidity insights, employed to dynamically optimise portfolio performance amidst evolving market conditions.

Why This Fund?

2008 marked a pivotal shift in the global financial landscape, coinciding with the birth of Bitcoin. This period witnessed the onset of an unprecedented monetary expansion regime from central banks in response to the Global Financial Crisis. This shift has had profound implications for investors and asset management strategies as liquidity expansion has rewritten traditional metrics and drivers.

The Ainslie Bitcoin & Bullion Fund recognises that the monetary and fiscal expansion regime demands a new approach to portfolio construction. 

Bitcoin's unique status and potential for long-term growth stems from its decentralised nature, limited supply, and expanding adoption. This combination positions Bitcoin to capitalise on network effects as described by Metcalfe's Law, which posits that a network's value increases exponentially with the number of users. Furthermore, Amara's Law, which suggests that we tend to overestimate the impact of technology in the short term and underestimate it in the long term. One only has to look at Amazon before and after the dot.com boom and 'bust' as a prime example of both laws in action.

By combining Gold, Silver, and Bitcoin, the Ainslie Bitcoin & Bullion Fund offers investors exposure to an asset class that can weather the storms to provide long-term capital appreciation and protection. These assets have demonstrated resilience and growth potential in various economic environments, making them valuable components for any investor's portfolio.

Frequently asked questions

  • The Ainslie Bitcoin & Bullion Fund is an investment fund that combines Bitcoin, Gold, and Silver to provide a diversified portfolio. This mix of assets aims to offer both growth potential and wealth protection by strategically managing exposure to these scarce assets.

  • The Ainslie Bitcoin & Bullion Fund is available only to wholesale investors. Both individual and institutional investors can invest, provided they meet the fund's minimum investment requirements and other eligibility criteria.

  • Ainslie Wealth employs a dynamic investment strategy that is guided by thorough macroeconomic analysis and global liquidity conditions, which have been shown to cyclically correlate with the assets in this fund. By actively managing the allocation of Bitcoin, Gold, and Silver, the fund aims to mitigate the risks associated with market volatility and economic downturns.

  • Both managed funds and hedge funds pool investors' money to invest in a diversified portfolio of assets. They are managed by professional portfolio managers who use various strategies to achieve the fund's investment objectives. However, hedge funds often have more flexible investment strategies and higher fees compared to traditional managed funds.

  • The Ainslie Bitcoin & Bullion Fund offers a unique combination of Bitcoin, Gold, and Silver, providing a diversified approach that leverages the strengths of each asset class. Unlike single-asset ETFs, this fund holds each real asset directly and offers in specie redemptions, allowing investors to take the assets instead of AUD payment upon leaving the fund. The fund strategically allocates assets to maximise returns and mitigate risks based on global macroeconomic trends and liquidity conditions. This comprehensive strategy aims to offer superior protection and growth potential, making it a compelling choice for investors seeking a balanced and dynamic investment solution.

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