The Target Return Fund.
A target return of 15–20% per annum from the firm’s systematic strategies. The target is the range the fund is managed toward, not a promise: returns depend on the portfolio, they can be lower, and capital is at risk.
How the fund works
Step 1
Your capital
Invested into the Royal Trust portfolio for a term of at least twelve months.
Step 2
The portfolio
A portfolio of systematic strategies in liquid digital asset markets.
Step 3
Your return
The fund is managed toward 15–20% a year, with redemption at maturity.
The target
15–20% per annum.
Set when the fund opened and held through the term: the range the portfolio is managed toward, not a forecast of what it will earn.
The risk
Returns are not guaranteed.
A weak period means a lower return. The fund’s reserve and the firm’s own first-loss capital stand in front of investor capital, but they do not make the risk zero.
Illustrative only, across the 15–20% target · actual returns can be lower and capital is at risk · payment schedule and final terms in the offering documents · before any taxes
Terms
Indicative terms
A summary only. Final terms, the issuing entity and investor eligibility are set out in the fund’s offering documents, which govern.
What stands between you and a loss
A target is only as credible as the discipline behind it. Four layers stand between investors and a loss.
A reserve for weak quarters
A dedicated reserve is held in cash and cash-equivalent form to absorb weak quarters before they reach investor returns. Its size is stated in the offering documents.
The firm’s capital takes the first loss
Royal Trust’s own capital is invested alongside and absorbs losses before any investor principal.
A capped fund
The fund is capped at $5,000,000, inside what the strategies can absorb at current execution.
Hard limits in execution
Risk limits are built into the firm’s own trading systems and tested regularly.
Exchange failure is a real risk in crypto; FTX in November 2022 showed how quickly it can happen. Exchange concentration limits, segregation of assets, custody arrangements and independent administration are set out in the offering documents.
Three steps to subscribe
01
Introduction
Request an introductory call with the team.
02
Review
Receive the offering documents, complete due diligence and confirm eligibility.
03
Subscription
Subscribe at the next quarterly window. Capital is deployed into the portfolio for the term.
Questions investors ask
Asked often, answered plainly
No. The 15–20% is a target range: what the fund is managed toward, not a payment obligation. Returns depend on the portfolio, they can be lower, and capital is at risk. What stands between investors and a loss is described under Protection above.
Losses are absorbed first by the fund’s reserve and then by the firm’s own first-loss capital. Losses beyond both reduce returns and can reduce principal, and in such a period the fund would not meet its target.
The term is 12 months minimum, with redemption at maturity. Early redemption is limited, and the exact terms are set out in the offering documents.
Capital is deployed into the firm’s trading portfolio across major venues. Exchange concentration limits, segregation of assets and custody arrangements are set out in the offering documents.
The strategies trade patterns with limited capacity. We size the fund to what the markets can absorb rather than to what could be raised, and we would rather close the fund than dilute its execution.
Write to us at info@royaltrustinvestments.com. We send the offering documents, confirm eligibility, and you subscribe at the next quarterly window. The minimum investment is $150,000.