The Arca U.S. Treasury Fund – a tokenized fund
The Fund invests a minimum of 80% of its assets in U.S. Treasury securities, specifically bills and notes.
The Arca U.S. Treasury Fund is the first of its kind - It is the first registered fund under the Investment Company Act of 1940 to issue shares as digital asset securities. The Fund issues its shares as ArCoin on the Ethereum Blockchain.
In accordance with the Fund’s registration statement, AML/KYC is required to hold ArCoin and is built into the token structure via smart contracts.
30-Day SEC Yield
3.84%
A standard calculation of yield introduced by the SEC is a Fund's 30-Day SEC Yield, which is a Fund's hypothetical annualized income as a percentage of its assets. This yield reflects interest earned after deducting the Fund's expenses over the most recent 30-day period. The calculated hypothetical income will differ (potentially significantly) from the Fund's actual returns. As a result, income distributions may be higher or lower than the calculated 30-Day SEC Yield. Ultimus as the Fund Administrator calculates this yield; it is unaudited and net of fees.
Yield as of ---
Net Asset Value (NAV)
$-.--
-.--%
Daily NAV as of ---
Note: Historical 30-Day SEC Yield reflects interest earned after deducting the Fund's expenses over the most recent 30-day period. The graph above show historical monthly calculations of the 30-Day SEC Yield. The graph starts at Fund inception, 7/30/2020 and contains 30-Day SEC Yield data dated until ---.
| Security Description | Term | % Portfolio |
|---|
Portfolio Holdings as of ---.
This fund is an interval closed-end fund. An investor should carefully consider the investment objectives, risks, charges, and expenses of the Arca U.S. Treasury Fund before investing. This and other information is available in the Fund’s prospectus, which should be reviewed carefully prior to investing. To obtain a prospectus, please call 1-888-526-1997.
Fund Risks
An investment in the Fund involves risk including loss of principal. You may not have access to the money you invest for an extended period of time. • You may not be able to sell your shares at the time or in the quantity of your choosing regardless of how the Fund performs. • Investors should understand that the Fund's shares are not currently listed on or available for trading through a national securities exchange or any other Exchange. Though ArCoins may be available to trade in the future, listing does not guarantee liquidity. Except for individually negotiated peer-to-peer transactions, there is currently no secondary market for ArCoins. • Because you may not be able to sell your shares at the time or in the quantity of your choosing, you may not be able to reduce your exposure to the Fund in a market downturn. • An investment in the Fund may not be suitable for investors who may need the money they invested in a specified timeframe. • The amount of any distributions the Fund may pay is uncertain. There is no assurance that the Fund will maintain a particular level of distributions, nor is there any guarantee that the Fund will make distributions at any particular time. • Due to the emerging nature of blockchain use in securities transactions, the Fund anticipates that (other than monthly repurchase offers as described below) there will initially be limited to no liquidity in ArCoins due to low or no volume in peer-to-peer transactions. Investors should therefore initially expect greater price volatility in the secondary market than would be the case if the shares had greater liquidity. • The Fund will not invest, directly or indirectly, in digital assets, including digital securities. • Although shareholders can engage in peer-to-peer transactions using blockchain technology, the Transfer Agent will maintain the official record of the Fund's shareholders.
Important Risk Information on Digital Asset Securities
Management Risk. The Fund’s shares are digital asset securities, meaning they are uncertificated securities that can be transferred in peer-to-peer transactions using blockchain technology. The Fund is one of the first registered funds to offer digital asset securities. • Digital Asset and Blockchain Regulatory Risk. Regulation of digital assets, blockchain technologies and digital asset platforms is currently developing and likely to rapidly evolve, varies significantly among international, federal, state and local jurisdictions and is subject to significant uncertainty. •Emerging Technology Risk. The shares are transferable in peer-to-peer transactions using blockchain technology. The use of such technology is subject to all the usual risks associated with the fact that the technology is relatively new in the securities markets, as well as risks specifically related to the use of blockchain technology.| Arca U.S. Treasury Fund Facts | Portfolio Composition Mandate | |||
| Assets Under Management** | --- | U.S. Government | at least 80% | |
| Minimum Investment | $1,000 USD | U.S. Dollars | at most 20% | |
| Token Ticker | RCOIN | Total | 100% | |
| Inception Date | July 6, 2020 | |||
| Redemptions | Monthly | Fees* | ||
| Expense Ratio | 0.75% |
*Denotes expense cap. Please see prospectus for more information.
**Assets under management as of ---
Interest-bearing low-volatility investment that mitigates digital-asset market volatility.
Eliminate intermediaries and reduce risk by using ArCoin, a digitized share of the U.S. Treasury Fund.
Streamline internal processes by using ArCoin to rapidly and efficiently transfer funds across entities.
Enhancements to trading venues through on and off ramps and back-end services.
Easily hold funds internally in the event of a distribution/ payout.
Offer borrowers a more secure alternative with an additional interest payment.
Los Angeles I New York
(424) 400-7444
info@arcalabs.com
Copyright © 2023 Arca Holdings. All Rights Reserved.
Copyright © 2023 Arca Holdings. All Rights Reserved.
©2023 Arca Labs LLC does not provide investment advice. These discussions are provided for general informational purposes only, and are not solicitations or offers to sell securities or investment advisory services.
Arca Capital Management, LLC, a wholly owned subsidiary of Arca Labs LLC, serves as adviser to the Arca U.S. Treasury Fund, distributed by UMB Distribution Services, Member FINRA/SIPC. Arca and UMB are not affiliated.
An investor should carefully consider the investment objectives, risks, charges, and expenses of the Arca U.S. Treasury Fund before investing.
This and other information is available in the Fund’s prospectus, which should be reviewed carefully prior to investing. To obtain a prospectus, please call 1-888-526-1997.
Investors may not be able to sell their shares at the time or in the quantity of choosing regardless of how the Fund performs.
The Funds Annual Operating Expense Ratio, as reflected in the current prospectus is 134.33%, however, Management has agreed to an expense cap of .75% through an expense limitation agreement valid until April 30, 2025. For more details relating to the fund’s expenses, please review the prospectus.
No assurance can be given that the Fund will achieve its investment objective, and investment results may vary substantially over time and from period to period.
An investment in the Fund involves risk including loss of principal. An investment in the Fund is suitable only for investors who can bear the risks associated with limited liquidity in the shares and the uncertainty of emerging technologies, and should be viewed as a long-term investment.
Other risks specifically associated with the Arca U.S. Treasury Fund are detailed in the prospectus and include no history of operations risk, conflict of interest risk, interval fund risk, no minimum amount of proceeds risk, fund closure risk, liquidity risk, tax related risks, credit and non-payment risk, interest rate risk, portfolio management risk, market risk, call risk, valuation risk and issuer risk.
The Arca U.S. Treasury Fund is one of the first registered funds to offer digital asset securities and there are additional risks associated with this feature of the fund, including regulatory risk, liquidity risk, emerging technology risk, operational and technology risk, and risks specifically associated with the Ethereum blockchain. There is the risk that management may be unable to successfully use blockchain technology to validate ownership and transfer ArCoin.
For details regarding all of the risks described above, please review the prospectus.
Arca Capital Management, LLC, a wholly owned subsidiary of Arca Labs LLC, serves as adviser to the Arca U.S. Treasury Fund, distributed by UMB Distribution Services, Member FINRA/SIPC. Arca and UMB are not affiliated.