# Permissionless Investment Pools

With **Investment Pool**, [Cadmos ](https://www.cadmos.finance/)bridges traditional Asset Management techniques and processes to the blockchain.

#### What is an Investment Pool?

* A **smart contract** where investors pool their money to buy a portfolio of different assets such as tokens or real world assets like stocks, bonds, and other securities.
* Managed by a professional **Strategist** who makes investment decisions on behalf of the investors.

#### Benefits of Investing in an Investment Pool

* **Diversification**: Spreading your investment across different assets helps reduce risk and increase potential for higher returns.
* **Expert management**: With a strategist's expertise, you can rest assured that your investments are in good hands.
* **Reduced Barrier to Entry**: High transaction fees and complexity no more; investors benefit from the pooling of funds and may invest from a low transaction fee chain. For instance you can invest into Ethereum protocols from BSC.
* **Configurability**: Investment Pools may be configured to be fully trustless or fully custodial - you call the shots.
* **Liquidity**: the Investment Pool token complies with ERC-20 standards and may be exchanged on the secondary market.
* **Audit-trail**: The Blockchain logs everything forever.

#### How to Deposit in an Investment Pool

* **Flexible and easy**: You can buy or sell tokens of the Pool at any time, and there's no minimum investment requirement.
* Token price is calculated based on the Pool's latest net asset value (**NAV**)

#### The Role of a Pool Administrator

* Handles critical tasks such as overseeing the Strategists and computing its performance. Investment Pool Administration may be fully **trustless** with oracles and keeper jobs or partly **delegated** to third party entities
* Enables you to focus on the big picture of your investment.

#### Risks and Expenses to Consider

* **Market risk**: The value of the assets held by the fund can decline due to changes in the market.
* Management **rewards** and other expenses can eat into your returns.