2025-11-10

NAV per share: 1.0025
Performance since inception: -0.47%


US market dipped last week due to AI valuation scare and higher-then-expected challenger job cuts. No positions hit their stop loss last week.

Silver seem to be consolidating since October’s fall and we’ve increased our holdings in global REITS.

US market seem to have recovered today pre-market due to US government plans to end shut down, which recovered our NAV slightly.