Product Specifications
| Launch date | |
| Strategy | Discretionary & systematic |
| Structure | Regulated AIF (Estonia) |
| Reference currency | USD |
| Minimum investment | 50 000 € |
| Accepted currencies | EUR · USD · MiCA Stablecoins |
| Leverage | Yes (x2 max) |
| Liquidity | Quarterly |
| Minimum commitment | 1 year |
| Fund manager | SparkCore.investment OÜ |
| Brokers & custodians | Fipto · OKX · Binance |
| Legal counsel | Hedman Partners & Co |
| Accounting | KPMG |
| Compliance | Alpha UMI · Compliance Factory |
Fees
Entry
0%
No entry fee.
Management
2%
Per year, quarterly.
Performance
20%
High-Water Mark.
Exit
0%*
*4% before 1 year.
Key Figures
Annualised return
+10.3%
Max drawdown
-22.9%
Volatility
32.6%
Target max drawdown
15%*
*Since April 2025 strategy update.
Team
Manager · Trading & Strategy
Olivier Sayegh
20+ years trading, co-founder DSM. Technical analysis strategies on crypto-assets.
Manager · Tech & Systems
Alexandre Vinal
Software engineer. Crypto investor since 2014. Founder Cointips, co-founder DSM.
Manager · Structuring
Paul-Antoine Pons
7+ years in financial markets & crypto-assets. Founder of SparkCore.investment OÜ.
Strategy Overview
CryptoVision combines a robust defensive core with a dynamic directional block to deliver consistent returns with controlled volatility. The fund targets durable and resilient exposure to crypto-assets, including during phases of high market instability, with a maximum drawdown target of 15% following the April 2025 strategy update.
Defensive block · 70% AUM
Neutral Algorithmic
Market-neutral strategies: systemic arbitrage, quantitative models, and high-frequency delta-neutral scalping with controlled drawdown. No directional leverage. Generates regular, low-volatility returns independently of market direction. Provides the structural stability of the portfolio.
Offensive block · 30% AUM
Directional Exposure
Concentrated on Bitcoin, Ethereum and the most liquid crypto-assets. Moderate leverage, used opportunistically while maintaining controlled risk. Capable of fully reducing exposure or opening short positions on reversal signals. Reinforces overall performance during favourable market phases.
Overall strategic balance — Monthly rebalancing with a disciplined risk approach combining quantitative analysis, discretionary management and algorithmic execution. The defensive block acts as the structural anchor while the offensive block captures directional upside without compromising portfolio stability. This dual architecture delivers a smoother performance profile than purely directional strategies.
Risk profile — Designed for investors seeking stable and controlled exposure to major crypto-assets, CryptoVision targets risk-adjusted performance with a historical maximum drawdown of -22.9% and an annualised volatility of 32.6%. Since April 2025, the strategy has been enhanced with a strengthened defensive algorithmic core targeting a maximum drawdown of 15%.
Performance Evolution — Base 100 · Linear Scale
CryptoVision
CCi30
Fund launched 01/01/2025. Data from Feb 2021 to Dec 2024 from real strategies on managed accounts, no backtest. Gross of fees. Since April 2025, the strategy has been updated to integrate a strengthened defensive algorithmic core.
Monthly Performance History (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | — | 70.5 | 2.5 | 1.15 | -22.9 | -12.7 | 15.6 | 14.0 | -2.5 | 11.0 | 1.3 | -11.0 | 53.1 |
| 2022 | -5.4 | 7.8 | 8.6 | -8.0 | -3.0 | -6.6 | 4.5 | -5.8 | -2.7 | 1.8 | -6.3 | 1.7 | -14.3 |
| 2023 | 0.0 | -1.2 | 1.7 | 0.0 | -2.8 | 5.4 | -3.0 | -6.0 | 0.8 | 11.1 | 5.9 | 8.6 | 21.3 |
| 2024 | -2.0 | 33.5 | 7.1 | -16.0 | 5.8 | -0.6 | 0.2 | -8.2 | -1.6 | 14.7 | 49.9 | -16.4 | 60.3 |
| 2025 | -3.4 | -12.8 | -4.3 | 5.6 | -2.5 | -0.4 | -0.2 | -0.1 | 0.3 | -0.5 | 3.1 | -1.7 | -16.5 |
| 2026 | -2.1 | -5.3 | — | — | — | — | — | — | — | — | — | — | -7.3 |
Past performance does not guarantee future results. Gross of fees.