Statements for April have now been uploaded to the client portal.

We are quite satisfied with our performance over the past month. The period was marked by a significant increase in market volatility (VIX), a trend that prevailed for the majority of the month. This follows a first quarter characterized by unusually low volatility, which typically can be more difficult to navigate at times. Therefore, the recent shift in market regime is a positive development for our strategies.

It is important to note that we are in an election year, which historically has been associated with heightened market volatility. Our models anticipate that this elevated volatility will continue throughout the remainder of the year, affecting not only equities but commodities at large.

Thanks to recent enhancements in our infrastructure, we now possess the capability to engage more extensively across various markets, enabling us to capitalize on a broader spectrum of opportunities. We are enthusiastic about the prospects this year holds and look forward to sharing further successes with you.

Thank you for your continued trust and support.