2025-12-08

NAV per share: 0.9999
Performance since inception: -0.73%


This week’s FOMC should see a rate cut by 25bps and provide some support for equities. US equities seem to be gaining momentum and we’re adding to our positions this week.

2 of our cyptocurrencies positions got stopped out last week from a sudden recovery, however, we’re still maintaining our short position.

We’re also short long-term US Treasuries, and have closed out Singapore position, while adding to Europe and Japan.