We are pleased to report that August brought a net performance of +0.62%, bringing our year-to-date return to +1.72%. Our correlation with the S&P 500 remains low at 0.12, continuing to offer strong diversification for our investors. All algorithms performed within expected parameters, reinforcing our confidence in the strategy as we head into the final months of the year.
Highlights of the Month
- 💹 Performance: Net gain of +0.62% (+1.72% YTD)
- 📊 Correlation with S&P 500: 0.12
- ⚙️ Algorithm activity: All 25 algorithms functioned as expected and remain operational.
As we look forward to the rest of 2024, we are optimistic about the path ahead and remain committed to delivering stable, uncorrelated returns for our investors. We would like to extend our gratitude for your continued trust and support. We hope you’ve had a happy and restful summer break, and we look forward to finishing the year with confidence. Additionally, we are excited to welcome our new investors onboard and look forward to working together toward a successful future!