The company Numisbing has started 4 funds on the Cayman Islands, so-called Collettibles Funds, the purpose is for the company to generate capital to buy unique coins and banknotes that rise in value. The funds have been successful and increased by 28% in 2018. They continue to grow. Those investors who are not themselves experts in numismatics can buy shares in these funds and be part of the journey when they increase in value against an increasingly troubled stock exchange. The company will use some of the money raised by the issue to increase the capital of the fund which can then be converted into purchases of historical coins. Bloomberg has appointed these funds to one of the funds that have increased power in 2018.
The company is planning to invest an additional 4.5 million USD into its own Class A fund “Collectibles Fund,” which saw an increase by 28% in 2018.
Numisbing formed a close ended Collectibles Fund with a maturity date as of August 2022. The Fund Administrator is said to be Aria Capital Magt Ltd Cayman Islands and the Investment Advisor be Numisbing LLC Dubai, UAE.
Below is what the funds are called and classified as.
Sheikh Zayed Series
USD KYG3165T1206 USD KYG3165T1388 USD KYG3165T1792 USD KYG3165T1875
G3165T 120 G3165T 138 G3165T 179 G3165T 187
CABCOSP KY CABCSBU KY CABCSCU:KY
PERFORMANCE OF COLLECTIBLES FUND FROM DEC 2017 TO FEB 2019
NAV @ https://www.bloomberg.com/quote/CABCOSP:KY
PERFORMANCE OF NUMISBING INVESTMENTS FROM 2012-2017
BEFORE FORMATION OF COLLECTIBLES FUND