CPET

Cosmos-Purpose Ethereum Access ETF

$0.19M

ASSETS UNDER MANAGEMENT

$7.7065

MOST RECENT NAV

-2.04%

DAILY RETURN

-35.82%

MONTH TO DATE

As at 27 June 2022 AEST

Overview

Access a piece of history through the Cosmos-Purpose Ethereum Access ETF (Exchange Code: CPET), which provides investors with a convenient way to gain access to the World’s First physically settled Ether ETF—the Purpose Ether ETF listed on the Toronto Stock Exchange. An investment in CPET gives investors exposure to the price movements of Ether through Purpose's direct investment in Ether.

Functionality beyond digital currency

Ethereum is the fuel that powers the Ethereum network – an extremely versatile platform where decentralized applications and smart contracts can be created. Ethereum allows access to financial services and commerce for everyone, and with one of the largest developer communities and ever-increasing demand, Ether is the second most popular cryptocurrency in the world.

Clear ownership and tax statements

We provide unitholders with clear and concise statements that provide complete clarity on what units you hold. You also receive annual tax statements, enabling you to account for your investment taxes.

No wallets required

Digital wallets, keys, converting to fiat? Skip the hassle of managing security or self -custody to gain access to the Ether asset class.

Simple to trade

An investment in CPET gives investors exposure to the price movements of Ethereum through CPET’s direct investment in the world’s first physically settled Ethereum ETF, the Purpose Ether ETF – with a proven track record, without the hassle and complications of investing in Ethereum directly.

Key Features

Investment objective

CPET provides an investment return (before taking into account fees, costs and tax) that approximately tracks the performance of the USD denominated ETF non-currency hedged units in the Purpose Ether ETF.
The Purpose Ether ETF is quoted on the Toronto Stock Exchange (TSX) and has been established to buy and hold substantially all of its assets in long-term holdings of Ethereum and seeks to provide investors with the opportunity for long-term capital appreciation

Digital Asset Reference Rate

Trade Block 

Live ETH/AUD Rate

Trading Information

Exchange Code

CPET

Bloomberg Code

CPET.AU

IRESS Code

CPET.CXA

ISIN

AU0000223893

Trading Hours

10:00am-4:00pm (AEST)

Market Maker

Jane Street

Unit Price of ETHH.U (10 June)

USD 5.3200

NAV of ETHH.U (10 June close)

USD 5.3242

Benchmark of ETHH.U (index as of 10 June 4pm ET)

USD 1,196

ETHH.U Historical NAV vs ETH return

Chart data sourced from Toronto Stock Exchange and CoinDesk ETX Index The chart provides a representation of the cumulative daily net gain or loss measured in percentage points of the Purpose Ether ETF USD (ETHH.U) and its respective valuation price, the CoinDesk ETX Index “ETX”. The ETF’s Ethereum is valued using the 4:00PM price of the CoinDesk ETX Index maintained by TradeBlock, a subsidiary of CoinDesk. ETHH.U price data is provided by the Toronto Stock Exchange (TSX), representing the Purpose Ether ETF. All prices reflected are measured in USD. Cosmos Asset Management Pty Ltd or Purpose Investments Inc, their data or content providers, the financial exchanges and each of their affiliates and business partners (A) expressly disclaim the accuracy, adequacy, or completeness of any data and (B) shall not be liable for any errors, omissions or other defects in, delays or interruptions in such data, or for any actions taken in reliance thereon.

Performance

As at 27 June 2022 AEST

$0.19M

ASSETS UNDER MANAGEMENT

$7.7065

MOST RECENT NAV

-2.04%

DAILY RETURN​

-35.82%

MONTH TO DATE​
Fund (AUD) ETHH.U (AUD) ETHH.U (USD) ETX Index (USD)*
1 Month

-

-

-

-

3 Months

-

-

-

-

1 Year

-

-

-

-

3 Year

-

-

-

-

5 Year

-

-

-

-

Since Inception of CPET
-35.06%
-35.13%
-37.64%
-37.56%

Past performance is not an indicator of future performance. he inception date of the Cosmos-Purpose Ethereum Access ETF is 31 May 2022. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units in the fund. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.

CPET provides an investment return (before taking into account fees, costs and tax) that approximately tracks the performance of the USD denominated ETF non-currency hedged units in the Purpose Ether ETF(ETHH.U). ETHH.U’s performance is provided in both USD and AUD (using NY 4pm FX rate struck by State Street). Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.

*The Purpose Ether ETF’s Ethereum is valued based on a widely recognized ether index which in the opinion of Purpose Investments best reflects the transactional price of ether, initially the Tradeblock ETX Index (“Index”). The Index value is algorithmically calculated once every second based on observed trading activity on leading Ether exchanges. The index has been in operation since February 1, 2018 and was launched publicly on March 2, 2018.

Cosmos, its data or content providers, the financial exchanges and each of their affiliates and business partners (A)expressly disclaims the accuracy, adequacy, or completeness of any data and (B) shall not be liable for any errors, omissions or other defects in, delays or interruptions in such data, or for any actions taken in reliance thereon.

Fund Profile

Net Assets ($A)

$0.19M

Units outstanding

25,000

Management cost

Management Fee

0.00%

Indirect Costs

1.25%

Distribution Reinvestment Plan (DRP)

Issuer

K2 Asset Management Ltd, ABN 085 445 094, AFSL 244393

Investment Manager

Cosmos Asset Management Pty Ltd

ABN 34 639 356 068 / CAR No 001281643

Fund Administrator

State Street Australia Ltd

Custodian

State Street Australia Ltd

Registry

Automic

Historical NAV

Holdings

Name Ticker Weight Country/Exchange
Purpose Ether ETF
ETHH.U
100%
Toronto Stock Exchange
Cash

-

Recent Distributions

Ex Date Record Date Payment Date Distribution Unit Annual Distribution Return

Announcements

Date Description File
PDF
*CPET Two Months Zero Management Costs Promotion

Cosmos will waive CPET’s 1.25% management fees and costs for the first two months of the fund’s launch, meaning it will be 0.00% for that initial two-month period. This promotion ends 31 July 2022. This promotion is not a refund to investors but a rebate for the fund with the manager covering the management fees and costs for the first two months. For the management fees and costs once the promotion ends please refer to the PDS.

K2 Asset Management Ltd (ABN 95 085 445 094; AFSL 244393) (K2) is the responsible entity and issuer of the Cosmos Purpose Ethereum Access ETF ARSN 657 859 642 (CPET). CPET has been registered by the Australian Securities and Investments Commission (ASIC) and the units in CPET are quoted for trading on Cboe Australia exchange. K2 has issued a Product Disclosure Statement dated 17 May 2022 (PDS) for CPET with ASIC, a copy of which is available under “Documents”.  K2 has made a Target Market Determination (TMD), which describes the class of consumers that comprises the target market for units in CPET.  A copy of the TMD is also available under “Documents”. Investors should consider the PDS and the TMD before deciding whether to invest in CPET or continue to hold units in CPET.