NAV: 378938.69
Total Shares Outstanding: 363418
NAV per share: 1.0427
Performance since inception: 3.52%

No rebalancing this week—just a quick performance update. Last night, the market saw a broad sell-off from another AI scare as investors worried that disruption could spread to sectors such as logistics, transportation, and real estate. This was similar to last week, when Anthropic launched a new plugin that helps its model handle legal tasks such as document review, causing software stocks plummeting.

Silver also saw a huge dip last night of around 10%, but it was not stopped out. Since our last rebalancing, none of our positions have been stopped out, and we’re currently not levered, as some asset classes/markets seem to be moving sideways (bonds) or downward (cryptocurrencies).

We will continue to stay systematic and not let emotions get the better of us during these turbulent times. Thank you again for your love and support.