Are you a young investor who is new to investing? Or are you an experienced investor who needs assistance in analyzing the existing portfolio? Either way, Nord Finance has some news for you! Nord Finance, a company whose sole mission is to make Decentralized Finance more accessible, launched its much-awaited product, Nord Advisory, on the 9th of August 2021!
The product Nord Advisory, which works on DeFi in a non-custodial and permissionless way, gives users the power to control their digital assets. Additionally, it has moved one step forward in making investing more than just buying and selling of assets. It focuses on diversifying the portfolio and also maximizing the return. It acts as a fund manager actively optimizing investment strategies giving the best risk-adjusted returns.
Fundamentally, Nord Advisory acts as a personal investment hedge fund manager on DeFi. This means that the platform takes users’ funds in stable coins and invests them into different crypto assets to get good returns. Nord Advisory also focuses on outperforming the market compared to the MVIS CryptoCompare Digital Assets 100 Index as a benchmark. It acts as an Active Portfolio Manager, keeping the whole system proactive.
NORD Quant Strategy uses a diversified quantitative long-only investment strategy with a strict set of rules based on technical indicators that dictate market entry and exit points for individual assets. The goal of the strategy is to capture ~70% of the upside with reduced volatility.
Quant Strategy aims to generate above-market returns with downside protection and reduced volatility. It is a diversified investment strategy that trades with eligible crypto assets, selected from the top 25 assets by market cap.
The assets are chosen based on the market cap and liquidity criteria. The strategy utilizes a dynamic quantitative hedging mechanism with cash and stablecoins.
It has officially joined hands with Solidum Capital in bringing forth this new product. Solidum Capital, a team that has substantial experience in crypto-asset allocation and investment selection with an AUM size of 40 Million Dollars. Their top-performing strategies in the crypto asset management industry add massive support to the product.
Nord Advisory, the brainchild of a dedicated team from Nord Finance, is all set to be launched in the market to serve the rising needs targeting novice users and professionals to meet their financial goals. With the help and support of Solidum Capital, it is undoubtedly expected to meet the vision set out for the project.
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