BTYJ PTE. LTD.

NAV: 429,379.57Total Shares Outstanding: 415,961NAV per share: 1.0323Performance since inception: 2.48% Yet another interesting month in August albeit less volatile. US has largely stopped firing at Iran because due to dwindling munition, and opted for economic strangulation instead. Scott Bessent announced in late August economic D-day for Iran, and threatened to cut off any countries/companies…

NAV: 373,880.15Total Shares Outstanding: 363,418NAV per share: 1.0288Performance since inception: 2.14% July was yet another volatile month with the re-ignition of the US-Iran war, which started on 8th July when the US launched strikes on Iran after Iran’s attack on commercial ships near the southern side of the Hormuz Strait. This is due to different…

NAV: 379,307.13Total Shares Outstanding: 363,418NAV per share: 1.0437Performance since inception: 3.62% Last month was a rollercoaster for our portfolio, starting with a hotter-than-expected US jobs report during the first week, which sparked fears of a rate hike. On top of that, the AI bubble narrative was also reassessed following Broadcom missing its second quarter revenue…

NAV: 375,284.9Total Shares Outstanding: 363,418NAV per share: 1.0327Performance since inception: 2.52% The Middle East conflict continues to move markets with some hope for a peace deal emerging on 23rd May. Trump has told his diplomatic representatives not to rush into any deals, as ‘time is on their side.’ However, I believe that he’s actually desperate…

NAV: 365,976.29Total Shares Outstanding: 363,418NAV per share: 1.007Performance since inception: -0.03% What an amazing month for US equities in April, as they rebounded to positive territory YTD, erasing all losses with an astonishing ~13% gain in just a month, as markets priced in peace talks and potentially the end of the war. Unfortunately, we did…

NAV: 360,875.17Total Shares Outstanding: 363418NAV per share: 0.993Performance since inception: -1.42% Last month’s market movement was dominated by the US–Iran conflict and marked the 1st time we experienced back-to-back portfolio stop losses, where our account was almost or completely stopped out TWICE!. Our portfolio suffered ~8% loss in just a few weeks. I believe poor…

NAV: 373790.01Total Shares Outstanding: 363418NAV per share: 1.0285Performance since inception: 2.11% Global equities entered a selloff just days before our rebalancing, stopping out many of our positions as the conflict in the Middle East eroded investor confidence. February’s top performer (EWY) experienced one of its largest one-day drawdowns during U.S. overnight trading, falling approximately 13%,…

NAV: 390163.39Total Shares Outstanding: 363418NAV per share: 1.0736Performance since inception: 6.58% No rebalancing this week with a quick update. This will be the last weekly update as I’ll be transitioning to a monthly update in the form of a report. I look forward to this improvement, and I hope you like it too. Additionally, our…

NAV: 384540.45Total Shares Outstanding: 363418NAV per share: 1.0581Performance since inception: 5.05% No rebalancing this week with a quick performance update. Our Silver position got stopped out this week as precious metal traded sideways with high volatility. South Korea and U.S. Energy continues to trend upwards. U.S. Headline CPI came in at 2.4% YoY, well below…