At the end of the year, Cifra Fund closed unexpectedly strong with more than 200%.
After a fairly good conclusion in November 2020, the crypto markets were quite subdued at the beginning of December 2020 and the statistical arbitrage was very low. CIFRA struggled inexorably forward in small, humble steps. Here you could see the independence from the strong movements of the market.
Despite the weak arbitrage in December, the month and year 2020 ended successfully with a whopping profit of 228.19%.
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