The OPEN Unicorn™ Index Fund Now Available for Investment on Templum One
- Templum
- Aug 27, 2024
- 1 min read
Updated: Jan 15
The OPEN Unicorn™ Index Fund Now Available for Investment on Templum One
NEW YORK, January 31, 2024 – Templum, Inc. ("Templum"), the operating system for private markets and alternative assetsTM announced today that investors can now access the OPEN Unicorn™ Index Fund, from OpenVC, Inc. (OPEN) on Templum One, Templum’s private market and alternative asset ecosystem solution.
Through Templum One, OPEN can access a diverse pool of investors and investors can access a market capitalization-weighted index of the top 50 private, US-domiciled, VC-backed companies. Ultimately Templum One accelerates the general adoption of alternative assets and private securities as an investment class for a broad range of investors.
The OPEN Unicorn™ Index Fund offers investors access to a basket of some of the most innovative and sought-after private companies, such as SpaceX, Stripe, Epic Games, and more. As an index-replicating fund, the structure is low fee, with only a 2% management fee and no performance fee and is more diversified than most traditional growth funds.
“We are thrilled to offer the OPEN Unicorn™ Index Fund on Templum One,” said Christopher Pallotta, Founder and CEO of Templum. “Our strength at Templum lies in our consistent ability to offer a diverse range of investment opportunities across a broad spectrum of investors. This strategy empowers issuers and significantly bolsters their capital-raising strategies, especially in the complex investment landscape we face today.”