NAV per share: 1.0043


NAVPS fell from a turbulent week, with bitcoin down by almost 9.5% last week before recovering slightly. we’ve completely exited our bitcoin position this week.

Silver’s trailing stop loss was hit again last week, after retreating from the week’s gain. it was the only one that got hit.

we’re increasing our total exposure this week from 1.3x to almost 2x. mainly due to momentum from US bonds and ex-US equities.