Rivemont Investments has announced the launch of Canada's first cryptocurrency fund, the Rivemont Crypto Fund effective October 20, 2017, Newswire reported.
The Fund is available to accredited Canadian investors and clients of Canadian portfolio managers.
The Rivemont Crypto Fund will initially invest primarily in the leading cryptocurrencies, such as Bitcoin (EXANTE: Bitcoin) and Ethereum (ETH/USD). It may also invest in various emerging altcoins, based on strong fundamentals, and could buy into ICOs.
The implementation and adoption of this revolutionary technology is still in its infancy.
"Some firms have announced the launch of similar funds," notes Rivemont President Martin Lalonde, "but the Rivemont Crypto Fund is the only one thus far that is really accessible to accredited Canadian investors."
Founded in 2010, Rivemont is a portfolio management firm with offices in Montreal and Gatineau offering innovative investment strategies to investors seeking solid returns with effective management of market volatility.