WILMINGTON, DE / ACCESSWIRE / December 10, 2019 / Quasar Fund ("Quasar"), a self-funded proprietary trading pool by IOB LLC (the "Company" or "IOB"), reported an unaudited net asset value (NAV) of $1.099 per share for the first three-month operation ended December 3, 2019. This represents a net gain of 10.26%. That's compared to a net loss of $3,320.50, or -31.28%, for the same three-month period of the bitcoin price.
"Effective the end of this month, we will issue a quarterly press release providing a link to our website with updates on the fund's performance as well as portfolio asset and structure types. Please see the updated portfolio allocation as of November 30, 2019, here."
The Company continues to have a strong conviction in the fund. As of now, IOB as an Advisor has 100% ownership in the fund.
About Quasar
Quasar trades the spot and futures in the most liquid cryptocurrencies, both long and short positions. With a steady wins approach and a long-term perspective, Quasar strives to achieve consistent profitability with low maximum-risk management. For additional information, please visit iobots.pro.
Safe Harbor Statement
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain statements that may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although the Fund and IOB believe that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the fund's reports that are filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, the Fund and IOB do not assume a duty to update this forward-looking statement.
Media Relations Contact
Kate Lyplyava
IOB LLC
[email protected]
Website: https://www.iob.llc
LinkedIn: https://www.linkedin.com/company/13372160/
Twitter: https://twitter.com/IOB_llc
IOB, IOB LLC, IOB llc, the IOB logo, the "王" logo, "market secrets revealed." PoET and Smart Trading are trademarks of IOB LLC. Other company and product names may be trademarks of their respective owners.
SOURCE: IOB LLC