Fund Memos

Fund Performance

Last updated:
2025-03-28T18:00:29.000Z
2.624m
Total Assets Under Management
+
24.67
%
(Gross) Yield %

Latest Memos

Feb 3, 2025

We are now live!

We are pleased to announce that Ascendo Private Wealth Fund is now officially live!

Starting today, our full trading operations are in effect, and all accounts will be updated weekly (every Monday) at 6:00 PM GMT (2AM PHT). Partners can now track their portfolio growth, request withdrawals, and stay informed through our memos section.

Key Reminders:

  • Account balances and yield percentages will reflect every Monday after 6:00 PM GMT (2:00 AM PHT).
  • Withdrawal requests must be submitted before 7:00 PM GMT (3:00 AM PHT) for same-day processing.
  • Stay informed about strategy insights, performance updates, and important announcements via our Fund Memos.

This marks the beginning of an exciting journey, and we thank you for your trust.

2025, here we go!

Jan 31, 2025

Withdrawal Schedule & Processing

As we approach full operations, we’d like to outline our withdrawal schedule and processing times to ensure clarity and efficiency.

Withdrawal Cutoff Time

  • Withdrawals can be requested daily until 7:00 PM GMT (3:00 AM PHT). Requests submitted before this cutoff will be processed the same day, but fund delivery times vary by region.

Withdrawal Processing Time:

  • For PH Partners:
    • Withdrawals below ₱100,000 are processed instantly via InstaPay.
    • Withdrawals above ₱100,000 will be processed via PESONet, with funds delivered within 1–2 working days.
    • Maximum daily withdrawal limit: ₱500,000.
  • For UK Partners
    • Withdrawals up to £50,000 per day, with a £200,000 monthly cap.
    • UK transfers are typically processed instantly, but final timing depends on the receiving bank.

Should you have any questions regarding withdrawals, please reach out. Thank you and have a great weekend ahead!

Jan 31, 2025

Final System Testing & Official Launch

Today marks the final day of our systems testing and backtesting of major trading strategies. Over the past five days, our strategies have delivered a +3.91% gain, providing our founding partners with a head start before full operations begin. This is our way of showing appreciation for your early trust and support.

Operations Start – February 3

✅ Daily Updates: Your account balance and yield percentages will be updated daily at 6:00 PM GMT.

Live Trading Begins: Our full strategy execution will commence, focused on risk mitigation and consistent returns.

Continuous Improvements: Expect enhancements in fund operations as we scale.

We appreciate your trust and look forward to a strong start.

Jan 27, 2025

Update Bank Details

You're now able to update your bank account details live on the site!

To do so, simply follow the step-by-step process below:

Log in to your account (Go to 'My Account') > 'Withdraw Funds' > 'Update Bank Details'

Click on 'Update', and voilà!

Jan 21, 2025

Launch Timeline

We’re gearing up for an exciting launch! Here’s a rough timeline:

  • Platform soft launch - January 22, 2025
  • Final systems testing - January 29, 2025
  • Official fund operations - February 3, 2025

Thank you for your trust and patience as we finalize the details.

Jan 20, 2025

Referral Bonuses for Founding Partners

We’re excited to announce our referral program! Here’s how it works:

  • Earn an additional 0.25% MGR per funded referral (up to 3 accounts).
  • Referred accounts must have a minimum deposit of Php100,000.

This is our way of thanking you for spreading the word while maintaining our fund’s private status. For more information, visit our FAQs.

Jan 17, 2025

Initial Deposit Guidelines

For initial contributions, please follow these guidelines:

  • No minimum deposit for founding partners (25Fxx)
  • Minimum deposit for referrals: ₱100,000 / $2,000
  • Processing time: 24–48 hours for Philippine-based partners; within the same day for UK partners during business hours.

For any questions, feel free to contact us.

Jan 17, 2025

Introducing our platform: What's ready?

We’re finalizing key features on our platform, including account dashboards, deposit/withdrawal systems, and FAQs. Testing is underway to ensure a seamless experience. Expect a soft launch of the platform soon, where you’ll be able to view your account details and receive fund updates.

Jan 16, 2025

About our fund structure

As we prepare for launch, we’d like for you, our partners to be able to have a solid grasp on our fee structure. The fund operates on a 2% management fee and a 20% performance fee on profits exceeding the Minimum Guaranteed Return (MGR).

Strategies include diversified investments in stocks, cryptocurrencies, and futures contracts. Transparency remains a core value, and you’ll receive detailed updates regularly. For more information, please visit our FAQ page.

Jan 15, 2025

Welcome to Ascendo!

Welcome to Ascendo Private Wealth Fund!

We’re excited to have you as part of our journey to build a reliable and growth-oriented private fund. Our mission is to deliver consistent results while maintaining transparency and trust.

Stay tuned for updates and opportunities as we prepare for our official launch!