What is BCF

Borgias Capital Fund (BCF) is a closed-end crypto, forex, stocks and commodities hedge fund, built on an Ethereum smart contract. The fund invests and trades in the top 100 most liquid cryptocurrencies.

The fund is pegged against USD. At the end of each month, the USD profits will be converted in ETH and sent to the token holders after deducting a performance fee. The fund will trade on Bittrex, Bitfinex, Kraken with USD/USDT being a base currency. Trades are monitored 24/7.

The fund charges a performance fee of 20% on the profits made and 80% of the profits will be shared back to the investors in ETH terms. At the moment (not according whitepaper but a gesture to investors) no fees will be taken if fund does not perform above 30% Conservative aim is 15% per month.

The fund is managed by Rohan Rathod and started with a group of 65 investors from his telegram channel where he posted his insights in day trading. Trading team has expanded and new traders are being trained.

There were 3 ICO rounds, after each round new tokens where minted. Only BCF tokens are valid for dividends. RCF tokens with contract addresses 0x4e1d9a76c688a6dfca4c692f1b9c5be2d2d88311 and 0x0dc28ced73c972a7b4759192c9fd000dbb05f715 are now useless. Don’t buy the old ones if see them for sale somewhere.

The fund will charge a performance fee of 20% on the profits made and 80% of the profits will be shared back to the investors in ETH terms according to the white paper or split into dividends and fund growth. At the moment Rohan is not taking fee as long as he does not hit a 30% profit margin a month. But that is totally at his discretion and a gesture to investors.

The first 3 months profit was 50/50 split between dividend pay-out and fund growth. At the moment all profit (minus fees) is paid out until investors from 3rd ICO round have reached breakeven point with their dividends.


In case of a monthly loss, the management team shall not charge any fees and no dividends will be paid that month.

Some basic profit examples and dividend.

$3,419,718.75 profit	$5.00 dividend per BCF
$1,709,859.38 profit	$2.50 dividend per BCF
$683,943.75 profit	$1 dividend per BCF
$341,971.88 profit	$0.50 dividend per BCF
$170,985.94 profit	$0.25 dividend per BCF
$68,394.38 profit	$0.10 dividend per BCF

Running the fund currently is mainly to build the trust and relations to migrate slowly to a legal fund structure.

The fund is working into setting up a legalized fund in Singapore. Paperwork already in progress. This legal fund will also trade forex, stocks and commodities. Legal fund planned to start around May 2018, but June is more likely at the moment. It is also still unclear if there will be a new investment round when legal fund will start.

The legal fund plans to generate hedged risk-adjusted monthly returns for the investors and plans on being one of the leading crypto funds in future with a total fund size over 100 million in a few years.

Fund start in April : $6,151,138.00
Current fundsize : $6,724,418.00

Latest Daily Update

Daily Trading Update - 19th April,2018


The fund is up by 9.44%
The net Asset Value stands at $6,724,418

Value per token stands at $12.29

The fund currently has 80 BTC short positions

Waiting for a clear breakout before making any new trades.

Return of investment

Current total profit this month: $573,280.00.
Related to fund at the beginning of this month ($6,151,138.00) Profit margin 9.32%
Related to fund since yesterday ($6,732,019.00) Profit margin -0.11%
Related to fund after ICO closed ($583,814.00) Profit margin 98.2%

Current RCF Fund size

Total fund at the moment		RCF NaV per token
6,724,418.00	USD	12.28978626	USD
5,780,982.15	EUR	10.56552925	EUR
10,848.15	ETH	0.01982646	ETH
759.53	BTC	0.00138814	BTC

Current profit related to next dividend payouts

Based on current profit, this is what we will receive at next pay outs:

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RCF dividend with $573,280.00 profit
1 RCF		100 RCF		1000 RCF		5000 RCF
0.83819759	USD	83.81975857	USD	838.19758569	USD	4,190.98792847	USD
0.72059846	EUR	72.05984644	EUR	720.59846442	EUR	3,602.99232210	EUR
0.00135222	ETH	0.13522195	ETH	1.35221948	ETH	6.76109741	ETH
0.00009468	BTC	0.00946750	BTC	0.09467501	BTC	0.47337503	BTC
0.94968812	XRP	94.96881222	XRP	949.68812217	XRP	4,748.44061086	XRP
0.00563680	LTC	0.56367986	LTC	5.63679858	LTC	28.18399290	LTC
0.00181563	DASH	0.18156285	DASH	1.81562846	DASH	9.07814228	DASH
0.01112633	NEO	1.11263295	NEO	11.12632954	NEO	55.63164772	NEO
0.06820278	BCF	6.82027798	BCF	68.20277978	BCF	341.01389890	BCF

Indicated Yield based on last dividend and current NAV tokenprice

(most recent dividend x # dividendpayments a year) / Tokenprice
($2.5890583375159260260221613065 * 12) / $12.289786258007 = 252.800980%

Current Indicated Yield based on current dividend standings and NAV tokenprice

(current dividend x # dividendpayments a year) / Tokenprice
($0.83819758569327 * 12) / $12.289786258007 = 81.843336%

Current Yield

current dividend / Tokenprice
$0.83819758569327 / $12.289786258007 = 6.820278%

RCF dividend payouts are calculated by this formula (Profit * 0.80 ) / 547155.00000000 = payout per RCF.
20% is taken of montly profit as performance fees. The remaining 80% is distributed back to the investors.

You can calculate what you would earn with your RCF and also how many profit is needed to get a certain amount of profit sharing by entering the numbers below and press "Calculate".

Profit RCF makes in a month	$
Amount RCF you own
Total dividend you are aming for in a month	$
Display currency	USD EUR GBP RUB CAD JPY AUD CNY KRW NZD ZAR CHF SEK MXN SGD HKD NOK TRY INR BRL DKK PLN TWD THB MYR ILS

 

Would you have done better investing in the big crypto coins instead of buying BCF?
Table below gives an overview if you had the choice to invest $1000 at the ICO ending or any given day.

Crypto	Open price	Nr coins for $1000	Current price	Current $ value	percentage%
BTC	$374.8400	2.6678	$8,853.4200	$23,619.1975	2,261.92%
XRP	$0.0144	69,415.5213	$0.8826	$61,266.3474	6,026.63%
LTC	$3.6200	276.2431	$148.7010	$41,077.6243	4,007.76%
DASH	$2.3600	423.7288	$461.6570	$195,617.3729	19,461.74%
BCF market opening	$0.0001	7,812,500.0000	$12.2898	$162,223,818.0491*	16,222,281.80%
BCF ICO price	$4.6400	215.5172	$12.2898	$4,475.1398*	347.51%

* Dividend included (Value BCF + total dividend)

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If you want to compare BCF prices form a specific date, just select one and click the 'Performance' button