I do love c20 and c10, but:

1) btc and eth % are too low for a balanced portfolio in a single product.

2) in many jurisdictions, holding a fund instead of a token/coin means tax disadvantadges that might reduce the net gains of a diversified fund.

3) for many investors these two assets mean the bulk of their crypto, and having a third party as a custodian is inherently less secure as holding the keys directly.

TLDR; I want to hold the keys of my own BTC and ETH, and I want Invictus to manage my altcoins only.