The OurCrowd Portfolio Index Fund, or OC50, has listed on the NEO Connect, part of the NEO Exchange in Canada.
Trading under ticker OCVII, the OC50 Fund is a diversified portfolio of private firms that have raised capital on OurCrowd, a leading global online investment platform. NEO Connect enables trades in private companies, private funds, and other investment vehicles for participating dealers, financial advisors, companies with private listings, and their investors.
Launched in 2015, NEO Exchange now represents 15% of all trading volume in Canadian listed securities. NEO reports that it is home to more than 170 securities including public companies, ETFs, SPACs and more. The exchange is open to all investors and also facilitates primary offerings. NEO Connect is designed to providde access for accredited investors.
Gonen Hollander, Director of Investor Relations – Canada at OurCrowd, said they are delighted to partner with NEO to democratize access to venture capital for brokers in Canada:
“With NEO, we are planning to offer a wide range of OM funds and single-name private investment opportunities in leading-edge technologies while increasing transparency and reducing costs. Starting with OC50, OurCrowd’s flagship product, was an obvious choice. OC50 provides immediate access to 50 private technology companies and is highly diversified across sectors, stages, and geography. Using the OC50 Fund, portfolio managers and financial advisors can allocate to venture capital in a systematic way like never before.”
Details of the OC50 Fund may also be viewed on NEO’s partner, DealSquare, which provides information as well as the ability to complete required subscription documents directly its platform.
NEO Connect reports rapid growth within the IIROC and MFDA community, raising more than $2 billion across 125 listings. NEO is a Cboe Global Markets Company.
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