The Darwinex Index (INDX) is a portfolio of DARWINS professionally managed by Darwinex Labs that invests in top DARWINs from Darwinex and Darwinex Zero, offering broad diversification, cost efficiency and risk-managed exposure from €10,000.
What is the DARWIN INDX?
The DARWIN INDX is a DARWIN managed by the Darwinex Labs team, the result of years of research during which hundreds of thousands of strategies have been analysed.
It is constructed through dynamic investment in a selection of DARWINs from both the Darwinex and Darwinex Zero universes. Thanks to its innovative structure, Darwinex pays each DARWIN provider 15% of their returns individually, without transferring that cost to INDX investors. This results in significant cost advantages and allows Darwinex to select an unlimited number of DARWINs for the portfolio, enhancing its capacity and sophistication.
With a track record dating back to June 2020, this product is based on real investments made by our team and is optimized to achieve a target risk level of 6.5% monthly VaR, in line with the rest of the DARWINs.
What fee does Darwinex charge for the DARWIN INDX?
Investors will be charged a 20% performance fee on a quarterly basis and a 1.2% management fee, in accordance with the fee structure applied to any other DARWIN.
How can I purchase the DARWIN INDX?
This DARWIN is unique in that it is quoted only once per day. Buy and sell orders are executed at market close (17:00 New York time). Investors can submit their order at any time, but it will be executed at the opening price of the following day. Additionally, investors have the option to cancel their order up to 1 hour before the market closes; after that period, the transaction will be executed irreversibly. Once a purchase request is made, the amount will be held until the transaction is completed. To purchase the DARWIN, you must create a dedicated portfolio in which only the DARWIN INDX is traded.
Is there a minimum investment?
Yes, the minimum investment is EUR 10,000, and the use of leverage is not permitted. Furthermore, if the results of the suitability test indicate that you cannot assume the associated risk, the option to purchase will not be enabled.
Is there a maximum allowed investment?
Yes, the maximum investment will be €100,000 per investor, with no leverage available. If you’d like to invest a larger amount, please consult with us, as we may be able to channel it through the institutional tranche.
In addition, there is a total investment cap. Once this threshold is reached, the DARWIN will be closed to new investments. If we see an increase in investment capacity or resources become available, we will raise the limit. The maximum available capacity will be displayed at all times.
Will I be able to see which DARWINs the index is invested in?
No, the exact composition of the index will not be accessible to investors. However, DARWIN Providers will be able to see that the INDX is investing in their products, just like any other investor.