Yieldstreet, the digital wealth management platform, announced that the Yieldstreet Prism Fund (the “Fund”) has expanded access to alternative investments to a broader potential pool of investors by opening the Fund to all investors.
“The equities market has been a roller coaster since the pandemic hit with some of the largest daily price swings since 1929”
The opportunity to invest in the Yieldstreet Prism Fund was previously limited to accredited investors. Yieldstreet also said that the Fund would remain open more frequently to potential investors instead of being open to investors only periodically.
“By opening the Fund to non-accredited investors, we stay true to our mission,” said Milind Mehere, Founder and CEO. “We are offering opportunities to people who have been shut out of such investments in the past. Now they get access to some of the products and asset classes that previously have been confined to only big institutions and the ultra rich.”
“The equities market has been a roller coaster since the pandemic hit with some of the largest daily price swings since 1929,” said Michael Weisz, Founder and President of Yieldstreet.
“People are seeing their holdings shrink from one day to the next and we believe the traditional bond market offers little chance right now to generate income and grow your wealth. The Yieldstreet Prism Fund is designed to not be highly correlated to the market, so if you want a more diverse, and longer-term investment, this provides a potential new way to compliment your portfolio.”1
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