Overview
The Idea of a mutual fund is basically pooling your money with the money of other investors and investing it in a portfolio of different assets. The PEAKDEFI Fund is managed by many Managers in a decentralized and smart way to get the best outcome. When you buy a Share of the PEAKDEFI Fund, your deposit is converted in PEAKDEFI Fund Shares which represent your ownership in PEAKDEFI Fund and is fully backed by a collateral in the smart contract.
To ensure that Fund Managers have enough time to perform proper trading there are fixed Trading Cycles of 60 days where the funds are locked. While you can invest in the fund anytime you can sell your fund shares only within the intermission phase. This is a period of 3 days between every trading cycle where Managers are not allowed to trade and investors can sell their funds.
A full cycle is 60 days and is divided by a 57-day trading period and a 3 day intermission phase.
All user deposits are locked in smart contracts without any third party having direct access to those funds. Peak-DeFi is non-custodial and is never taking control of any assets. It can be used directly from a wallet that you control.
It is well known that you should always diversify your risk and distribute your investment between different baskets. With PEAK DeFi the distribution of your funds adjusts itself and gets optimized automatically between the best asset managers through smart contracts. You don’t have to worry about making the right choices.
In todays world, flexibility is one of the most valuable treasures. To guarantee the managers as well as the investors more flexibility there is a fixed management period of just 60 days. In this period managers can make proper trading decisions while investors can access their funds again quickly.