Bitcoin linked
Bob's Fund is a 20 year long term Bitcoin price linked product
Better returns than conventional assets
Over a very long time period, Bitcoin returns should outstrip returns on conventional assets like real estate and stocks
Get 100% of gains
Investors are entitled to 100% of Bitcoin price gains
No management fee
The management fees on this product is zero
Aligned goals
RanchiMall earns by having invested an equal amount as every investor, thus the interests of fund manager, and fund investors are totally aligned
Bobs Fund allows customers to take a direct share in Bitcoin and they are automatically guided into a
long term investment plan. Bitcoin is a long term investors paradise with supply artificially
constrained, and demand only growing. There are no price guarantees in this product. But the long
duration of the investment ensures that customers will get an outsized rate of return. RanchiMall as
Fund Manager does not charge management fees.
Risk Management
There is no price risk for RanchiMall in Bobs Fund. But since this is a long term
product, information security risks are high to maintain Bitcoins safely. Bitcoin keys must be split
using Shamir Secret Key Share algorithm, and should be recombined at the time of redemption. The
number of shares should have enough redundancy so that if some holders are not around, the keys
must still be recovered.
Founder Notes
Bobs Fund was first issued in my MBA classmates WhatsApp group, and restricted only to my
classmates in June 2017. The product had a long term duration of 20 years, and it needed lot of trust
which my classamtes had in me. We kept this product concept under observation and testing for 4
years, before exploring options to make it public. Another objective was to try out an idea where
fund management expenses are nil, as fund management fees eats up a lot of customer returns over
long term. Instead we made an equal investment as every contributing member did, and we hope to
earn over the long life time of this product. Over time we realized, we could also use the Bitcoin as
collateral for DeFi products, and that gives us an additional earning stream.