Investment Objective

The investment objective of the Delta Wellington Fund is to preserve capital and maintain liquidity, while providing long-term total return in excess of the ICE BofA 3 Month Treasury Bill Index. The fund is managed on a total return basis by investing in securities issued by the Government of the United States. Why Tokenised Fund Units? Tokenised Fund Units enable investors to enjoy the benefits of traditional investments while leveraging on the advantages of blockchain technology in the following ways : Unbridled access : Subscribe or redeem tokenised fund units whenever you need to instead of being restricted by fixed terms and limited liquidity Reduced cost : Bypass distribution costs from traditional channels and keep a greater share of your investment returns Automation : Subscription and redemptions are automated through smart contracts Diversification : Integrate tokenised fund units into diverse investment portfolios for exposure to fixed-income assets and a wide range of investments Transparency : Trace ownership and transaction history of every fund tokenised unit through the blockchain Subscription, redemption and transfer of Tokenised Fund Units are available on the Delta web-based platform provided by Libeara (a tokenisation platform services provider backed by SC Ventures, the fintech investment and venture arm of Standard Chartered Group). Please refer to the Information Memorandum for details.