actively managed crypto investments you invest, we care

Actively Managed Crypto Investments

You Invest, We Care.

March 2021

FiCAS.comConfidential

Disclaimer

FiCAS AG is a company incorporated according to Swiss law with a legal seat in Zug, Switzerland. FiCAS AG is a Swiss financial

intermediary with a specific focus on crypto-assets. FiCAS AG is subject to the rules set out by the Swiss self-regulation organisation

“VQF”. This presentation is provided for information purposes only and is not intended as a recommendation or an offer or

solicitation for the purchase or sale of any securities or other financial instruments. The opinions expressed in this brochure do not

constitute investment advice. Any such offer would be made only after a prospective participant had completed its independent

investigation of the securities, instruments or transactions and received all information required to make its investment decision.

Although the information provided in this presentation, including links to third party sites, is obtained or compiled from sources that

FiCAS believes to be reliable, FiCAS cannot and does not guarantee the accuracy, adequacy, completeness or validity of the

information and materials contained in these pages. The financial products discussed in this presentation may not be suitable for all

investors. In no event shall FiCAS be liable for any use by any party of, for any decision made or action taken by any party in

reliance upon, or for any inaccuracies or errors in, or omissions from, the information contained herein and such information may not

be relied upon by any party in evaluating the merits of participating in any transaction mentioned herein. FiCAS makes no

representation as to the legal, tax, credit, or accounting treatment of any transactions mentioned herein, or any other effects such

transactions may have on you and your affiliates or any other parties to such transactions and their respective affiliates to enter into

any transaction. The performance shown is for information only and is not necessarily indicative of future performance. All

information and opinions expressed in this brochure are current as of production and are subject to change without notice. FiCAS

does not undertake any obligation to update such information or opinions. FiCAS is not liable for any loss arising from the inaccuracy

of the said information and materials in this presentation.

Copyright (c) FiCAS AG, Zug, Switzerland - All Rights Reserved.

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In a Nutshell

FiCAS OFFERS INVESTORS DIVERSIFICATION IN THE CRYPTO-ASSET CLASS THROUGH…

…A UNIQUE INVESTMENT STRATEGY

• Trading bitcoin, top altcoins and CHF, EUR and USD in a discretionary way, with no leverage.

• Based on technical and fundamental analyses, proprietary algorithms and house view.

• Developed over 7 years, audited over 4 years, has yielding exceptional returns.

…A UNIQUE PRODUCT

• Listed on SIX Swiss Exchange; custodied at Swiss banks, easily accessible through banks/brokers.

• Available in the EU and Switzerland to all investors; actively managed 24/7.

• Highly liquid, no lock-up, no issuer risk; world-first actively-managed Exchange-traded Product.

… AN INSTITUTIONAL-GRADE COMPANY

• Best practice governance set-up; use of six independent crypto asset custodians; Swiss-based.

• A team featuring over 100 cumulative years in crypto finance and over 300 in traditional finance.FiCAS.com3


Numerous economic research papers consistently show that adding bitcoin to portfolios

enhances the cumulative and risk-adjusted returns (e.g. Bitwise’s Case for Bitcoin in an

Institutional Portfolio (May 2020))

From 2018 to 2019 the crypto hedge fund industry experienced 100% growth of AuM (Crypto

Hedge Funds Report, PWC, 2020) and Forbes predicts (January 2020) increased adoption of

cryptocurrencies by institutional investors

Boston Consulting Group Asset Management 2019 Report anticipates the success of Alpha

asset investment boutiques and the continuation of the strong performance of Alternative

asset classes

The Cryptocurrencies Investment Case

MACRO TRENDS AND ECONOMIC RESEARCH SUPPORT THE CASE

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15 FiCAS Active Crypto ETP

ISIN: CH0548689600

Valor: 54868960

Ticker: BTCA

Listing SIX Swiss Exchange

Currency: CHF, USD, EUR

Mgt Fee: 2% p.a.

Perf. Fee: 20% above HWM (absolute)

Issuer: Bitcoin Capital AG

Admin: CAIAC Fund Management AG

Issue Date: 15 July 2020

Issue Price: CHF 100

Maturity: Open Ended

Strategy: Discretionary

Domicile: Switzerland

Underlying: Top 15 digital assets

Legal form: Exchange Traded Product

Asset Mgr: FiCAS AG

Custodians: Six, for risk mgt reasons

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Key Features

The collateral agent sells the securities and reimburses the investors in case of default of the issuer.

The trading strategy pursued by FiCAS´s founder, Ali Mizani, out-performed bitcoin by over 100% during 2015-18, when bitcoin price moved from USD 300 to USD 18’500. Audited by a big four.

In contrast to the crypto currency-based ETP issued so far, which tracks passively a crypto underlying, the 15 FiCAS Active Crypto ETP manages first time the crypto underlyings in a discretionary way.

Over 300 cumulative years of experience in traditional finance and over 100 in crypto finance. 17-person strong analysis and trading team (7-year experience).

Listed on SIX Swiss Exchange; easily tradable through banks and brokers and accessible for retail, professional and institutional investors in Switzerland, Liechtenstein, and the European Union.

THE WORLD’S FIRST DISCRETIONARY MANAGED CRYPTOCURRENCIES ETP

Actively Managed

Managed Issuer Risk

Unique and ProvenTrading Strategy

Team Expertise

Accessibility

LiquidityHighly liquid due to the possibility to create and redeem the securities at any time and in any quantity for the given Net Asset Value.

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What Professionals Said

Mark Dambacher, CEO at InCore Bank AG “The Bitcoin Capital Active ETP is a worldwide novelty. I like the fact that investors now have access to an actively managed cryptocurrency exchange traded product that bridges the worlds of traditional and crypto finance”

Guido Bühler, CEO at SEBA Bank AG“Managing cryptocurrency investments actively requires in-depth trading and analytical experience. FiCAS offers that – and that is quite exciting”

Alain Picard, Head Trading, Sales & Management, Securities & Exchanges, SIX Swiss Exchange"The Bitcoin Capital Active ETP is the first in its class and expands the existing ETP universe by offering access to an actively-managed crypto product"

Daniela Rosa, Head of DLT Clients Desk at Zarattini & Co Bank“FiCAS was founded on solid principles and a remarkable track record. I believe their discretionary managed ETP has the potential to bring the still novice cryptocurrency asset class to the next level”

TESTIMONIALS AT THE LAUNCH OF FiCAS` ETP

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FiCAS in the News

….and 150 other global media outlets

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Investment Philosophy

Trading Objective

FiCAS trades the top 15 digital assets by market cap and EUR, CHF, and USD with the purpose

of increasing the Net Asset Value of its ETP.

Trading Approach

Trading Bitcoin against carefully selected altcoins

Moving to Fiat if it is deemed the best option

Reference Basket

Top 15 digital assets according to Coinmarketcap / SIX Swiss Exchange

Dynamic allocation between Bitcoin and altcoins

Dynamic allocation between Ethereum & other altcoins

RELATIVE VALUE STRATEGY

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Risk Management

POSITION RISK

Liquidity-adjusted positions

Stop loss and conservative targets

Top 15 coins and Fiat

No ICO / STO

INFRASTRUCTURE RISK

Time-limited exposure to exchanges

Diversified pool of custodians

TRADITIONAL OPERATIONAL AND MARKET RISKS

Proactive identification, assessment, evaluation, monitoring & control of risks

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Governance and Market Research

Policy framework at FiCAS

Business regulations, Investment policy, Control framework, Code of conduct

Compliance & risk management, Market conduct, Cross border, Employees

transaction and, Remuneration policies

Crypto market analysis and research at Citex Ltd (exclusive SLA)

Team of over a dozen analysts

Fundamental analysis; technical analysis

Single coins; sector coins; macro factors

Proprietary algorithms / AI

FiCAS’ Market House View

TRADITIONAL FRAMEWORK ADAPTED TO CRYPTO MARKETS; UNRIVALLED EXPERTISE

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Bitcoin Cardano Tezos EOS

Ethereum Stellar Binance Coin Ripple

Litecoin Tron Neo Bitcoin Cash

Market House View

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BIG PICTURE

DYNAMIC MARKET HOUSE VIEW FOR EACH TRADEABLE CRYPTOCURRENCIES

Digitalization is an unstoppable technological (r)evolution.

Cryptofinance and cryptoassets are major expressions of the digital (r)evolution.


Historical Performance of Underlying Strategy

30 Oct 2015 - 31 Jan 2018

The personal trading record of

FiCAS´ founder, Ali Mizani Oskui,

has been audited by one of the

Big Four auditing firm (limited

review)

INDEPENDENTLY AUDITED

BY A BIG FOUR

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ETP Performance (as of Feb 2021)

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2020: IMPLEMENTATION OF UNIQUE ETP

2020 was a remarkable year for FiCAS during

which we finished the project phase and launched

our innovative ETP.

Net Asset Value (NAV) increased by 145% and

asset under management reached USD 10 Mio.

2021 the company will continue the expansion of

its reference markets (EU) and its capabilities.


Organisational Chart

BoD

Investment Committee Risk Committee

CIO CFO Trading Products

Marketing Support IT Support

Sales

Communication

Market Research& Analysis

Outsourced Services

Administration

AdvisoryBusiness

Development

Positions & Headcount 4

3 3

1 2

2 2 3 2 2 2 2 1

2 2 17

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Key Executives

Dr. Mattia RattaggiChairman of FiCAS AG

Ali Mizani OskuiFounder & BoD FiCAS AG

Dr. Luca SchenkBoD Bitcoin Capital AG

Urs WielandChairman BoD Bitcoin Capital AG

Rolf SchmiedCFO of FiCAS AG

Marcel NiederbergerHead of Operations of FiCAS AGMember BoD Bitcoin Capital AG

Olga VögeliExecutive Management & Risk Controls

of FiCAS AG

Hadi NematiHead of Research

Abbas AshtianiOutsourced Services

Dr. Daniel DiemersRisk Committee & BoD FiCAS AG

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Darko NovakovicHead of Marketing and

Communications of FiCAS AG


Expertise and Governance Structure

IN A LEAGUE OF OUR OWN

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Governance structure

BoDs with two independent directors (FiCAS AG and Bitcoin Capital AG)

BoD-level investment and risk committees (FiCAS AG)

17-person strong research team (Outsourced)

Team Experience (Cumulative years)

International finance 143 Cryptocurrencies investment management 39

Traditional investment management 54 Cryptofinance regulation and risk

management29

Regulation and risk management 126 Blockchain and DLT technologies 46


FiCAS`ETP vs. Crypto Hedge Funds

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PWC CRYPTO HEDGE FUND REPORT 2020 FiCAS ETP: A CLASS IN ITSELF

Median AuM at launch: USD 2m Founders’ seed funding CHF 2m

Not for retail investors For retail, professional and institutional investors

Fee “2% / 20%” Fee “2% / 20%”

Hard or soft lock in most of the cases No lock

Trade derivatives in most cases No derivatives

Independent custodian not a rule Six independent custodians

Only a minority has 1 independent director Two independent directors

Only a minority uses third party research Fully fledged & experiences third party research

Domicile: Islands, US or UK Domicile: Switzerland


Business Partners

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History of Accurate Market Forecasts

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Prediction sources:

A: Telegram , B: TV interview IRIP CH% , C & E: Interview on “Top Market Group” on 11 April 2019 , D: Prediction C + Correction on 22 Oct 2020


Contact Us

Headquarters:

Gubelstrasse 24

6300 Zug

Switzerland

21

Phone:

+ 41 41 720 40 06

Email:

[email protected]

Website:

www.ficas.com

Actively Managed Crypto Investments

You Invest, We Care.

March 2021

actively managed crypto investments you invest, we care

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