This would be nice but what happens to funds making use of IML?

Will we get EMS (EUR) and EMS (USD)? Will EMS do 50/50 split? Switch completely (e.g. based on ICAP vote)?

Yes - But Global Tech Plus first pls. Asap! :-)

I think this would be amazing and could pull new investors into the fund and push existing investors over the edge to invest more into this fund.

The risk-reward trade-off of the IML fund is incredible with 10%+ annualised returns and virtually no drawdown. I also feel that this fund is more appealing than other crypto lending platforms to many traditional investors, due to the the investor portal and Invictus' great support desk.

However, for non-US based investors currency moves could wipe out the returns of this fund, which means that fund suddenly has a less appealing risk-reward profile.

Performing the currency hedge yourself is cumbersome (it requires a different platform) and requires you to put down more capital, effectively lowering your ROI.

Hence, offering a currency-hedged version of the IML fund would make the risk-reward profile of the fund a lot better for many investors.

Myself I would be mostly interested in a EUR-hedged version.

Moreover, as far as I know there are other USD-lending funds available, but a EUR-based fund would be the first of its kind.