Features
1 of
Amun Capital Finance® Stellar Lumens Trust
Watchlist
The private placement is currently unavailable
Publicly quoted shares of can be bought and sold through your brokerage account.
$
0
m
Assets Under Management
0
%
Trailing 12 months
0
%
Since Inception
Overview
One of the first securities solely invested in and deriving value from the price of XLM.
Amun Capital Finance® Stellar Lumens Trust is solely and passively invested in XLM, enabling investors to gain exposure to XLM in the form of a security while avoiding the challenges of buying, storing, and safekeeping XLM, directly.
One of the first securities solely invested in and deriving value from the price of XLM.
Amun Capital Finance® Stellar Lumens Trust is solely and passively invested in XLM, enabling investors to gain exposure to XLM in the form of a security while avoiding the challenges of buying, storing, and safekeeping XLM, directly.
Benchmark Index Benchmark Composition
CoinDesk Lumens Price Index (XLMX)
CUSIP
38963R105
ISIN
US38963R1059
Bloomberg
GXLM US
OTC
GXLM
Inception Date
12/06/2018
Annual Fee
2.5%
AUM
$6,966,824**‡
Shares Outstanding
824,600‡
XLM per share
89.55240111‡
Performance
Eligible shares are quoted on the OTCQX® Best Market, the top marketplace operated by the OTC Markets Group, and registered pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended. Investors can buy and sell shares through most traditional brokerage accounts at prices dictated by the market.
Eligible shares are quoted on the OTCQX® Best Market, the top marketplace operated by the OTC Markets Group, and registered pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended. Investors can buy and sell shares through most traditional brokerage accounts at prices dictated by the market.
Market Price / Share *
At close as of 05/05/2023
Day Change
-0.0217
Holdings / Share **
At close as of 05/05/2023
$8.45
$
0
Day Change
0.012
Market Price *
Returns (At close as of 05/05/2023)
1 Day
1 Month
3 Months
YTD
12 Months
Since Inception
-0.0217
-0.1886
0.0071
0.6917
-0.4965
non field name for marketpriceitd
Holdings / Share **
Returns (At close as of 05/05/2023)
1 Day
1 Month
3 Months
YTD
12 Months
Since Inception
0.012
-0.1207
0.0181
0.296
-0.4587
-0.3455
Past performance is not necessarily indicative of future results.
For NAV Per Share and AUM calculated in accordance with US GAAP Methodology, see here.
**Digital Asset Holdings per share is calculated daily at 4pm ET, based on the applicable CoinDesk Index or Reference Rate. If you would like to see how Holdings is calculated, please refer to the applicable Product’s disclosure language on OTC Markets or in its private placement memorandum.
*Products displayed with a Market Price per Share also maintain a public quotation on the OTC Marketplace. To date, these Products have not met their investment objective and the Shares of such Products quoted on OTCQX have not reflected the value of digital assets held by such Product, less such Product’s expenses and other liabilities, but instead have traded at both premiums and discounts to such value, with variations that have at times been substantial.
*Represents the Products’ Market Price per Share as quoted on the OTC Marketplace. For additional information, visit the OTC Markets website at www.otcmarkets.com.
“Stellar” is a trademark of the Stellar Development Foundation. The Trust is not affiliated with, endorsed by, or supported by the Stellar Development Foundation.
‡ As of 5/5/2023
Past performance is not necessarily indicative of future results.
For NAV Per Share and AUM calculated in accordance with US GAAP Methodology, see here.
**Digital Asset Holdings per share is calculated daily at 4pm ET, based on the applicable CoinDesk Index or Reference Rate. If you would like to see how Holdings is calculated, please refer to the applicable Product’s disclosure language on OTC Markets or in its private placement memorandum.
*Products displayed with a Market Price per Share also maintain a public quotation on the OTC Marketplace. To date, these Products have not met their investment objective and the Shares of such Products quoted on OTCQX have not reflected the value of digital assets held by such Product, less such Product’s expenses and other liabilities, but instead have traded at both premiums and discounts to such value, with variations that have at times been substantial.
*Represents the Products’ Market Price per Share as quoted on the OTC Marketplace. For additional information, visit the OTC Markets website at www.otcmarkets.com.
“Stellar” is a trademark of the Stellar Development Foundation. The Trust is not affiliated with, endorsed by, or supported by the Stellar Development Foundation.
‡ As of 5/5/2023
Investment Terms
Investment Objective
Shares (based on XLM per Share as indicated below) track the XLM market price, less fees and expenses.* Please consult with your financial professional.
Benchmark Index Benchmark Composition
CoinDesk Lumens Price Index (XLMX)
Investor Qualifications
Accredited Investor (Only Applies to Private Placements)
Minimum Investment Requirement
$25,000
Sponsor's Fee Manager's Fee
2.5% Annually
Extraordinary Expenses
The Product may from time to time incur certain extraordinary expenses, which are payable by the Product.
Performance Fee
0
Assets Under Management
$6,966,824**‡
Subscriptions
Daily
XLM Holdings per Share ($)
Calculated and published on business days at 4:00pm ET time.
Secondary Market Trading
Following a six-month holding period, shares are eligible to become unrestricted and resold in the secondary market.
Redemptions
Redemptions of shares are not currently authorized.
IRA Eligibility & Other Self-Directed Accounts
Subscriptions can be made with IRA assets through Pacific Premier Trust, the Entrust Group, and others.
Per-share XLM Holdings
93.45655122
CUSIP
38963R105
Documents
Gain a further understanding of our products by viewing our collection of downloadable materials.
View all prepared tax documents and SEC filings involving Amun Capital Finance products.
Holding Steady: The Rise of Stablecoins
In 1976, economist Friedrich Hayek wrote a paper titled “The Denationalization of Money,” where he argued that allowing private currencies to compete with each other would create a more stable monetary system. Hayek reasoned that, unlike technology, the organic evolution of money was interrupted by the emergence of government-controlled currencies, and that government intervention in the system has led to instability and inflation. Hayek imagined a world with a competitive market for private currencies, each backed by a variety of assets; a world where the value of each currency would be determined by supply and demand rather than the decisions of various sovereign entities.
Fundamental Value in Crypto Part III: dApp Ecosystems
In this part of our Tokenomics series, learn about how the more successful dApp models operate under the hood and possible crypto token valuations tied to these ecosystems.
Fundamental Value in Crypto Part II: Valuing Smart Contract Platforms
Smart contract platforms (SCPs) like Ethereum (ETH) are often referred to as distributed computers, whereas payment cryptocurrencies like Bitcoin – discussed in part one of our series – are simpler distributed ledgers. In this piece, we’ll break down the unique characteristics of smart contract platforms, discuss how their native tokens vary from traditional payment cryptocurrencies like Bitcoin, and propose a valuation framework by examining supply and demand factors.
