Overwhelming Response To Fund Announcement Crashes Servers
Hehmeyer Trading + Investments experienced such an overwhelming response to our announcement of the Hehmeyer Cryptocurrency Index Fund that our servers crashed today. We apologize if you had trouble visiting our website but we are back with expanded capacity.
The Hehmeyer Cryptocurrency Index Fund is a new product that provides certain qualified investors access to the cryptocurrency market by investing in a fund that aims to track the performance of the proprietary Hehmeyer Cryptocurrency Index™ (HCI).
Launching as a commodity pool for qualified eligible persons and accredited investors, the Fund will be managed by Hehmeyer Capital Management, LLC, a commodity pool registered with the Commodity Futures Trading Commission and a member of the National Futures Association. The Fund is one of a few vehicles that provide exposure to this growing asset class with regulator oversight. HCI consists of coins selected pursuant to a distinct methodology and is rebalanced monthly. HCI is based on the market capitalization of the cryptocurrency market.
"The CFTC has determined that cryptocurrencies are commodities. We believe investors will be best served with a regulated product, and thus are pleased to offer a fund subject to their jurisdiction," said Christopher Hehmeyer, CEO of Hehmeyer Trading + Investments. He added, "Under the helpful eye of the CFTC and NFA, we look forward to providing certain qualified investors access to this evolving market."
For up to date information please check back here or follow us on Twitter @Hehmeyer_LLC.