Corporate events

Dear customers, you can find updated documents of the Element Global Technologies Private Portfolio on our website.

We have adapted the fund's strategy after testing it on our own funds and we are launching the process of accepting external investors in the fund’s equity.

In the near future the fund will take part in several public offerings, such as Uber, Zoom. We are also negotiating the purchase of an Airbnb shares.

Updated OnePager of the fund describes in more details the most relevant investment ideas. You can get acquainted with OnePager here.

We also recommend to visit our website dedicated to IPO UBER
International Investment Company Threesixty Elements S.A. launched a global rebranding program. As a result, the company will be merged with its leading product - European financial institution RAISON.AI under the brand name “Raison Asset Management”. We have already submitted relevant notifications to the regulatory authorities. Since April 1, 2019, Threesixty Elements S.A. will provide services under the specified brand name. Full change of the legal name will be finished before the end of 2019.

Threesixty Elements S.A. has been providing asset management services in Western and Eastern Europe and the CIS countries for more than 5 years. The company is licensed by the Financial Services Commission (FSC) and is registered by the U.S. Securities and Exchange Commission (SEC) as an investment advisor, also being a member of FINRA.

The RAISON.AI project was launched by our company in December 2017 as a tool for licensed purchase, exchange and storage of cryptocurrencies. To date, the functionality of the RAISON.AI platform has grown significantly. In addition to being licensed to work with cryptocurrencies, the project is also registered by the American Financial Crimes Enforcement Network (FinCEN) as the Money Service Business (MSB), and is going to obtain a European Electronic Money Institution (EMI) license.

Rebranding is carried out in order to combine the accumulated experience and high-quality infrastructure of the investment company with the modern and technological approach of the RAISON.AI project. After renaming, some of Raison Asset Management services, such as KYC procedure and AML checks, will be done with automated RAISON.AI solutions, that will increase usability for clients when working with financial assets. Such products and services of the investment company as funds, external management, structured notes will be available either directly via Raison AM as before or via the RAISON.AI web-based platform/mobile app.

All of the above mentioned, including obtaining new licenses, contributes to the transformation of RAISON.AI into a smart financial and investment management platform, and also makes the leading product of our company a unique solution for managing customers' wealth with additional protection by European regulation and savings on the use of third-party banking services.
According to the U.S. Securities and Exchange Commission Raison Asset Management investment adviser registration is currently effective and was effective at or before that time. As we meet these criteria we are required to file an annual updating amendment to Form ADV.

Such annual updating amendment was filed by Raison Asset Managemen on 26 March 2019. You can view the latest ADV form file from the US SEC IAPD. In addition to the amendment of ADV Form we updated the Part 2A Firm Brochure which is available on our website or on US SEC IAPD.

Element ONE


Issuer: ELEMENT ONE LTD 
ISIN Number: VGG299771086
Issue Description: USD CL B SHS
ISO CFI: CICXXX

By the end of February 2019 S&P500 index grew by 2.97%. The market continued to grow started in January, but the growth rate dropped by more than 2 times.

At the beginning of the month we made several purchases of companies from the technology sector, significantly expanding the share of participation in this sector. We opened an Autodesk Inc. (NASDAQ: ADSK) long with an average price of about $151. Their stock price increased by the end of the month to $163, which gave an increase in the value of the total portfolio by about 0.9%. We also rebalanced the portfolio, significantly reducing the number of short positions, however, we used the purchased options on the VIX to hedge the market fall risk in the short term. Our skepticism regarding the market, prevailing at the end of 2018, subsided somewhat due to the pause taken by the Fed before further raising of rates and the outlined signing of a trade agreement between the US and China. Currently, we are positively looking at the US market in the medium term.

According to the results of February 2019, the fund’s NAV grew 3.15% comparing the previous month. Current fund portfolio mostly of long equity s and ETFs. The structure of the portfolio at the end of the month is shown below.
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Mining.VG


Issuer: RAM Data Technologies INVT LTD
CUSIP Number: G7369L 106
ISIN Number: VGG7369L1067
Issue Description: EUR CL C SHS
ISO CFI: CICJMS

The cryptocurrency market is still in a global downtrend. Nevertheless, in February, there were attempts of the bulls to turn the tide in their favor, which were still not crowned with success. However, due to the extremely high volatility of the market and its dependence on the news background, it is impossible to talk about the impossibility of breaking the trend, and at any time we can witness its significant growth. By the end of last week of February, the BTC added about 20% to its value as compared to the beginning of the month, while by 28th of February the price fixed at the level of about $3,800, which was about a 12% increase from the monthly opening price.

The market lacks an event driver for a breakthrough, but the news background accumulates a large number of occasions, some of which can serve as a strong signal for the start of significant growth. For example, institutional players come to the market - JP Morgan launches its own cryptocurrency, the asset management companies do not give up trying to launch the first ETF. For further growth of Bitcoin, the market lacks some global event, for example, the successful launch of the TON platform. Volatility is growing in the market, which is a positive factor, and it is very important that all this is accompanied by increasing of trading volumes.

According to the results of February, the Mining.VG Fund showed a positive trend in the change in NAV, adding about 0.7% (the net increase in investor income, taking into account the accumulated coupon, was about 0.9% of the January price). In February, the aggregate amount of remuneration for data processing in blockchain networks increased by approximately 50% compared to January 2019, which will allow our investors to get a larger coupon paid on a quarterly basis. квартала.

Element ONE


Issuer: ELEMENT ONE LTD
ISIN Number: VGG299771086
Issue Description: USD CL B SHS
ISO CFI: CICXXX

The S&P 500 wide market index for January 2019 went through an upward correction after a significant decline at the end of 2018, adding about 7.8% over the month. At the end of 2018, we expected a decline in the value of the indices, in connection with this, the portfolio was rebalanced with a predominance of short positions, which gave a positive result in profitability. In January 2019, the market correction brought insignificant negative results to the NAV fund indicators, however, despite the January growth, we are skeptical about the medium term. The use of options positions for the EUR / USD pair with insignificant monthly volatility allowed us to smooth out the effects of the January correction as a result.

Slight adjustments are in the process in the fund’s portfolio structure, including the addition of a new medium-term position to the portfolio in the form of Autodesk (NASDAQ: ADSK). Detailed information on this investment idea is published on our website.

Additionally, we began to gain a position on Nvidia (NASDAQ: NVDA) in the medium-long term. Nvidia is the leader in the delivery of computers for cars with autopilot. It's computing systems are already used in prototypes of unmanned vehicles of Toyota, Mercedes-Benz, and BMW. In addition, the company is also testing its own unmanned vehicle. We believe that paper won back speculative demand on the wave of cryptocurrency hype, and from current levels, given the potential for the development of unmanned vehicles that use solutions based on the company's products for the most part has significant growth potential (for example, Tesla electric vehicles now exploited are equipped with computing systems based on Nvidia graphics chips).

Mining.VG


Issuer: RAM Data Technologies INVT LTD
CUSIP Number: G7369L 106
ISIN Number: VGG7369L1067
Issue Description: EUR CL C SHS
ISO CFI: CICJMS

The cryptocurrency market continues to be in a bearish trend - the cost of digital money has been declining for over the past 416 days. BTC exchange rate began to fall in December 2017 after it hit the historical maximum of about $ 20,000. Since then the price has been dropped by 83%.

However, a similar drop was also observed in 2013-2015, and the situation repeats 1-in-1. At the beginning of December 2013, BTC was trading at $ 1,146 which dropped by 84% to $ 184 by January 14, 2015. The bearish trend in the market lasted 410 days after which it inclined again.

The Mining.vg fund in its profitability is primarily tied to the cost of cryptocurrency and the complexity of their mining. The bear market has a negative impact on performance, and the increased complexity in the network of the air by 20% in January 2019. It also reduced the monthly production by about 15% in cryptocurrency terms. Despite the negative trends, the profitability of mining even at current prices is at the level of 15-30%. The value of the share shows a medium-term decline due to the need to depreciate the value of the equipment's GPU.

Nevertheless, a significant number of analysts are looking positively at the future of the market, noting that the situation was much worse last time when the very functionality of the blockchain was in question. Now the fundamentals are much stronger, and the price of cryptocurrency will start to grow again when institutional investors come into the industry.

The fund itself is also actively working to optimize mining processes and reduce the cost of variable costs. In mid-January, we started working with the new Cuckaroo29 algorithm and the Grin “coin”. A wave of interest in this coin increased the income on the 1080TI card to $ 0.9 per day against $ 0.65 when the ethash algorithm was used.