Express
Canada's CI Global Launches North America’s First Bitcoin Mutual Fund
Summary: Canada company CI Global Asset Management announced the launch of CI Bitcoin Fund, the first mutual fund in North America that specifically provides Bitcoin exposure. The CI Bitcoin Fund is open to retail investors in Canada in the A, F, and P series. The management fee for the A series is 0.90%, and 0.40% for ...
Canada company CI Global Asset Management announced the launch of CI Bitcoin Fund, the first mutual fund in North America that specifically provides Bitcoin exposure.
The CI Bitcoin Fund is open to retail investors in Canada in the A, F, and P series. The management fee for the A series is 0.90%, and 0.40% for the F series. Through this fund, investors can enter the Bitcoin market with the industry's lowest management fee of 0.40%, while the initial minimum investment is only $500.
According to the announcement, CI is the only company in the world that provides investors with access to Bitcoin through both mutual funds and ETF.
By Mary Liu
Tags: Bitcoin,Bitcoin Fund,Canada,CI Global Asset Management
Link: Canada's CI Global Launches North America’s First Bitcoin Mutual Fund [Copy]
