Thanks to its Capital Markets Services (CMS) license from Securities Commission Malaysia (SC), Halogen Capital (Halogen) can immediately rollout various investment instruments on its launch day.
Officially introduced in late July 2023, this new investment platform offers a comprehensive suite of investment instruments, including single asset fund and diversified fund management; private mandates; and crypto asset management.
For single and diversified funds, Halogen has two offerings available at launch – Halogen Shariah Ringgit Income Fund and Halogen Shariah Bitcoin Fund.
The former is a traditional fixed income wholesale fund that provides targeted investment exposure to Islamic deposits, short-term Sukuk funds, and Islamic money market instruments. Halogen aims to exceed financial deposit return rates by up to 1-month as its benchmark.
As for the latter, Halogen will provide targeted exposure to physical spot Bitcoin via its segregated unit trust structure that operates on Shariah-compliances as well as highly regulated processing and reporting.
While Halogen will leverage on the resiliency of Bitcoin as a digital asset, it will only invest at least 70% of its net-asset value in Bitcoin that is being traded on an SC-approved digital asset exchange. The remaining 30% will be invested in Sukuk, Islamic money market instruments, Islamic deposits, and Islamic collective investment schemes that have similar objectives.
Being the first of its kind in the world, it will enable and empower investors to manage their assets in Bitcoin safely, securely, and without the “complications of investing via exchanges, managing private keys, and (dealing with) physical ledgers.”
Investors who prefer a more customised approach, both discretionary and non-discretionary, can also connect with Halogen for its Private Mandates offering. Designed to be fully aligned with specific objectives and goals of investors, this offering can be used to actively manage SC-approved multi-coin portfolios; focus on specialised crypto-mining treasuries and management strategies; and oversee diversified multi-asset funds that mixes traditional instruments with digital assets.
While these are its early days, Halogen is clearly capable of growth as it seeks to launch more new platforms in the coming months. This includes the upcoming Halogen Shariah Ethereum Fund, a platform that will provide exposure to physical spot Ether.
The introduction of Halogen on its website states how the team will combine traditional capital market expertise with deep technology knowledge to help investors safely gain exposure to new innovative asset classes.
“Together, we’re building the future of finance,” the statement added. With how Halogen is introducing an already innovation-packed and diverse investment portfolio, it is clear that there will be more in the pipeline that investors, both conservative and those with various risk appetites, can look forward to look into.
More details about these new funds from Halogen can be found here.