ACTIVELY MANAGED CRYPTO INVESTMENTS YOU INVEST, WE CARE - JANUARY 2021 - FICAS

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ACTIVELY MANAGED CRYPTO INVESTMENTS YOU INVEST, WE CARE - JANUARY 2021 - FICAS
Actively Managed Crypto Investments

         You Invest, We Care.

                                      January 2021
ACTIVELY MANAGED CRYPTO INVESTMENTS YOU INVEST, WE CARE - JANUARY 2021 - FICAS
Disclaimer

 FiCAS AG is a company incorporated according to Swiss law with a legal seat in Zug, Switzerland. FiCAS AG is a Swiss financial
 intermediary with a specific focus on crypto-assets. FiCAS AG is subject to the rules set out by the Swiss self-regulation organisation
 “VQF”. This presentation is provided for information purposes only and is not intended as a recommendation or an offer or
 solicitation for the purchase or sale of any securities or other financial instruments. The opinions expressed in this brochure do not
 constitute investment advice. Any such offer would be made only after a prospective participant had completed its independent
 investigation of the securities, instruments or transactions and received all information required to make its investment decision.
 Although the information provided in this presentation, including links to third party sites, is obtained or compiled from sources that
 FiCAS believes to be reliable, FiCAS cannot and does not guarantee the accuracy, adequacy, completeness or validity of the
 information and materials contained in these pages. The financial products discussed in this presentation may not be suitable for all
 investors. In no event shall FiCAS be liable for any use by any party of, for any decision made or action taken by any party in
 reliance upon, or for any inaccuracies or errors in, or omissions from, the information contained herein and such information may not
 be relied upon by any party in evaluating the merits of participating in any transaction mentioned herein. FiCAS makes no
 representation as to the legal, tax, credit, or accounting treatment of any transactions mentioned herein, or any other effects such
 transactions may have on you and your affiliates or any other parties to such transactions and their respective affiliates to enter into
 any transaction. The performance shown is for information only and is not necessarily indicative of future performance. All
 information and opinions expressed in this brochure are current as of production and are subject to change without notice. FiCAS
 does not undertake any obligation to update such information or opinions. FiCAS is not liable for any loss arising from the inaccuracy
 of the said information and materials in this presentation.
 Copyright (c) FiCAS AG, Zug, Switzerland - All Rights Reserved.

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ACTIVELY MANAGED CRYPTO INVESTMENTS YOU INVEST, WE CARE - JANUARY 2021 - FICAS
In a Nutshell

   FiCAS OFFERS INVESTORS DIVERSIFICATION IN THE CRYPTO-ASSET CLASS

   FiCAS` PRODUCT IS UNIQUE
      • Easily accessible through banks and brokers; highly liquid (no lock-up),
      • 24/7 risk managed and available across Europe to all investors,
      • Based on solid infrastructure (banks / SIX) and institutional-grade risk management.

   THE INVESTMENT STRATEGY IS UNIQUE
      • Discretionary, with no leverage; trading bitcoin against fiat and top altcoins (relative value)
      • Based on technical and fundamental analyses & proprietary algorithms, developed over 5 years,
      • Proven historical performance, audited over 4 years. Based on a dynamic Market House View.

   ALI MIZANI, FOUNDER OF FICAS AG, HAS OFFERED THE INVESTMENT STRATEGY
      • Through a private fund from Oct 2015 to Jan 2018, outperforming BTC by over 100% during a
        period when the price of BTC went from USD 300 to USD 18’500,
      • Through FiCAS AG, since 15 Jul 2020 with the world-first actively-managed ETP.
Confidential                                              3                                               FiCAS.com
ACTIVELY MANAGED CRYPTO INVESTMENTS YOU INVEST, WE CARE - JANUARY 2021 - FICAS
The Cryptocurrencies Investment Case

               MACRO TRENDS AND ECONOMIC RESEARCH SUPPORT THE CASE

    Numerous economic research papers consistently show that adding bitcoin to portfolios
    enhances the cumulative and risk-adjusted returns (e.g. Bitwise’s Case for Bitcoin in an
    Institutional Portfolio (May 2020))

    From 2018 to 2019 the crypto hedge fund industry experienced 100% growth of AuM (Crypto
    Hedge Funds Report, PWC, 2020) and Forbes predicts (January 2020) increased adoption of
    cryptocurrencies by institutional investors

    Boston Consulting Group Asset Management 2019 Report anticipates the success of Alpha
    asset investment boutiques and the continuation of strong performance of     Alternative
    asset classes

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ACTIVELY MANAGED CRYPTO INVESTMENTS YOU INVEST, WE CARE - JANUARY 2021 - FICAS
15 FiCAS Active Crypto ETP

         ISIN:        CH0548689600                   Issue Date:    15 July 2020

         Valor:       54868960                       Issue Price:   100 CHF

         Ticker:      BTCA                           Maturity:      Open Ended

         Listing      SIX Swiss Exchange             Strategy:      Discretionary

         Currency:    CHF                            Domicile:      Switzerland

         Mgt Fee:     2% p.a.                        Underlying:    Top 15 digital assets

         Perf. Fee:   20% above HWM (absolute)       Legal form:    Exchange Traded Product

         Issuer:      Bitcoin Capital AG             Asset Mgr:     FiCAS AG

         Admin:       CAIAC Fund Management AG       Custodians:    Six, for risk mgt reasons

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ACTIVELY MANAGED CRYPTO INVESTMENTS YOU INVEST, WE CARE - JANUARY 2021 - FICAS
Key Features

           THE WORLD’S FIRST DISCRETIONARY MANAGED CRYPTOCURRENCIES ETP

               Actively Managed      In contrast to the crypto currency-based ETP issued so far, that track passively a crypto underlying, the
                                     15 FiCAS Active Crypto ETP manages first time the crypto underlyings in a discretionary way.

               Accessibility         Listed on SIX Swiss Exchange; easily tradable through banks and brokers and accessible for retail,
                                     professional and institutional investors in Switzerland, Liechtenstein and the European Union.

                                     Highly liquid due to the possibility to create and redeem the securities at any time and in any quantity
               Liquidity             for the given Net Asset Value.

               Managed Issuer Risk   Collateral agent sells the securities and reimburses the investors in case of default of the issuer.

               Unique and Proven     The trading strategy pursued by FiCAS´ founder, Ali Mizani, out-performed bitcoin by over 100% during
               Trading Strategy      2015-18, when bitcoin price moved from USD 300 to USD 18’500. Audited by a big four.

                                     Over 300 cumulative years of experience in traditional finance and over 100 in cryptofinance.
               Team Expertise
                                     17-person strong analysis and trading team (7-year experience).

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ACTIVELY MANAGED CRYPTO INVESTMENTS YOU INVEST, WE CARE - JANUARY 2021 - FICAS
What Professionals Said

                            TESTIMONIALS AT THE LAUNCH OF FiCAS` ETP
   Alain Picard, Head Trading, Sales & Management, Securities & Exchanges, SIX Swiss Exchange
  "The Bitcoin Capital Active ETP is the first in its class and expands the existing ETP universe by offering access to an
  actively-managed crypto product"

  Mark Dambacher, CEO at InCore Bank AG
  “The Bitcoin Capital Active ETP is a worldwide novelty. I like the fact that investors now have access to an actively
  managed cryptocurrency exchange traded product that bridges the worlds of traditional and crypto finance”

  Guido Bühler, CEO at SEBA Bank AG
  “Managing cryptocurrency investments actively requires in-depth trading and analytical experience. FiCAS offers
  that – and that is quite exciting”

  Daniela Rosa, Head of DLT Clients Desk at Zarattini & Co Bank
  “FiCAS was founded on solid principles and a remarkable track record. I believe their discretionary managed ETP
  has the potential to bring the still novice cryptocurrency asset class to the next level”

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ACTIVELY MANAGED CRYPTO INVESTMENTS YOU INVEST, WE CARE - JANUARY 2021 - FICAS
FiCAS in the News

               ….and 150 other global media outlets
Confidential                      8                   FiCAS.com
ACTIVELY MANAGED CRYPTO INVESTMENTS YOU INVEST, WE CARE - JANUARY 2021 - FICAS
Investment Philosophy

RELATIVE VALUE STRATEGY

     Trading Objective
           FiCAS trades the top 15 digital assets by market cap and USD with the purpose of increasing the
           Net Asset Value of its ETP.
     Trading Approach
           Trading Bitcoin against carefully selected altcoins
           Moving to Fiat if it is deemed the best option

     Reference Basket
           Top 15 digital assets according to Coinmarketcap / SIX Swiss Exchange
           Dynamic allocation between Bitcoin and altcoins
           Dynamic allocation between Ethereum & other altcoins

Confidential                                                 9                                               FiCAS.com
ACTIVELY MANAGED CRYPTO INVESTMENTS YOU INVEST, WE CARE - JANUARY 2021 - FICAS
Risk Management

        POSITION RISK

               Liquidity-adjusted positions

               Stop loss and conservative targets

               Top 15 coins and Fiat

               No ICO / STO

        INFRASTRUCTURE RISK

               Time-limited exposure to exchanges

               Diversified pool of custodians

        TRADITIONAL OPERATIONAL AND MARKET RISKS

               Proactive identification, assessment, evaluation, monitoring & control of risks
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Governance and Market Research

TRADITIONAL FRAMEWORK ADAPTED TO CRYPTO MARKETS; UNRIVALLED EXPERTISE

     Policy framework at FiCAS
           Business regulations, Investment policy, Control framework, Code of conduct
           Compliance & risk management, Market conduct, Cross border, Employees
           transaction and Remuneration policies

     Crypto market analysis and research at Citex Ltd (exclusive SLA)
           Team of over a dozen analysts
           Fundamental analysis; technical analysis
           Single coins; sector coins; macro factors
           Proprietary algorithms / AI
           FiCAS’ Market House View
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Market House View
                                                     BIG PICTURE
Digitalization is an unstoppable technological (r)evolution.

Cryptofinance and cryptoassets are major expressions of the digital (r)evolution.

         DYNAMIC MARKET HOUSE VIEW FOR EACH TRADEABLE CRYPTOCURRENCIES

   Bitcoin                      Cardano                             Tezos           EOS

   Ethereum                     Stellar                             Binance Coin    Ripple

   Litecoin                     Tron                                Neo             Bitcoin Cash

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Historical Performance of Underlying Strategy

      INDEPENDENTLY AUDITED
      BY A BIG FOUR

     30 Oct 2015 - 31 Jan 2018
       The personal trading record of
       FiCAS´ founder, Ali Mizani Oskui,
       has been audited by one of the
       Big Four auditing firm (limited
       review)

Confidential                               13                    FiCAS.com
ETP Performance (as of Jan 2021)

                                 2020: IMPLEMENTATION OF UNIQUE ETP

     2020 was a remarkable year for FiCAS during
     which we finished the project phase and launched
     our innovative ETP.

     Trading was prudent during the first six months
     while the Net Asset Value (NAV) increased by
     67.34%.

     2021 the company will continue the expansion of
     its reference markets (EU) and its capabilities.

Confidential                                            14            FiCAS.com
Organisational Chart

    Positions & Headcount                                                              4
                                                                            BoD

                                                                   3                                          3
                                          Investment Committee                               Risk Committee

                                                                   1                                          2
                                              Administration                                 Communication

                2           2             3                    2                   2              2               2                                    1
                                                                                                        Business
          CIO       CFO         Trading             Sales              Products        Advisory                                   Outsourced Services
                                                                                                      Development

                                                                                                                              2                    2       Market Research 17
                                                                                                              Marketing Support       IT Support
                                                                                                                                                             & Analysis

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Key Executives

       Dr. Mattia Rattaggi                                 Ali Mizani Oskui                                Dr. Daniel Diemers                           Dr. Luca Schenk
        Chairman of FiCAS AG                             Founder & BoD FiCAS AG                      Risk Committee & BoD FiCAS AG                     BoD Bitcoin Capital AG

                                                                                                              Olga Vögeli                                 Rolf Schmied
            Urs Wieland                                  Marcel Niederberger                     Executive Management & Risk Controls
    Chairman BoD Bitcoin Capital AG                 Head of Operations of FiCAS AG                                                                        CFO of FiCAS AG
                                                                                                             of FiCAS AG
                                                    Member BoD Bitcoin Capital AG

                                       Hadi Nemati                                    Abbas Ashtiani                                 Darko Novakovic
                                      Head of Research                               Outsourced Services                          Head of Marketing and
Confidential                                                                                      16
                                                                                                                                Communications of FiCAS AG                      FiCAS.com
Expertise and Governance Structure

                                                      IN A LEAGUE OF OUR OWN

                                                             Governance structure

                                BoDs with two independent directors (FiCAS AG and Bitcoin Capital AG)
                                            BoD-level investment and risk committees (FiCAS AG)

                                                   17-person strong research team (Outsourced)

               Team Experience (Cumulative years)

               International finance                      143        Cryptocurrencies investment management   39
               Traditional investment management           54        Cryptofinance regulation and risk        29
                                                                     management
               Regulation and risk management             126        Blockchain and DLT technologies          46

Confidential                                                            17                                         FiCAS.com
FiCAS`ETP vs. Crypto Hedge Funds

               PWC CRYPTO HEDGE FUND REPORT 2020                  FiCAS ETP: A CLASS IN ITSELF

          Median AuM at launch: USD 2m                  Founders’ seed funding CHF 2m

          Not for retail investors                      For retail, professional and institutional investors

          Fee “2% / 20%”                                Fee “2% / 20%”

          Hard or soft lock in most of the cases        No lock

          Trade derivatives in most cases               No derivatives

          Independent custodian not a rule              Six independent custodians

          Only a minority has 1 independent director    Two independent directors

          Only a minority uses third party research     Fully fledged & experiences third party research

          Domicile: Islands, US or UK                   Domicile: Switzerland

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Business Partners

Confidential           19          FiCAS.com
History of Accurate Market Forecasts

Prediction sources:
A: Telegram , B: TV interview IRIP CH% , C & E: Interview on “Top Market Group” on 11 April 2019 , D: Prediction C + Correction on 22 Oct 2020

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Contact Us

                                                 Phone:
                                           + 41 41 720 40 06
                Headquarters:
                                                  Email:
               Gubelstrasse 24
                                           info@ficas.com
                  6300 Zug
                 Switzerland                    Website:
                                              www.ficas.com

Confidential                          21                       FiCAS.com
Actively Managed Crypto Investments

         You Invest, We Care.

                                      January 2021
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