Performance Attribution Report — February 2026 (Net of Fees)
Period: 02 Feb 2026 to 27 Feb 2026
Performance Summary
| February 2026 | Since Inception |
|---|
| Fund Return (NAV) |
-0.33% |
-0.32% |
| S&P 500 Return |
-1.40% |
-1.40% |
| Active Return |
+1.07% |
+1.08% |
Portfolio – Avg Exposure & Entry Prices [2026-02-02 → 2026-02-27]
| Instrument | Mnemonic | Avg Entry Price (USD) | Avg Exposure (%) |
|---|
| Energy | SXLE.L | 11.16 | 13.7% |
| Materials | IUMS.L | 2.94 | 13.3% |
| Industrials | IUIS.L | 3.70 | 15.4% |
| ConsDiscretionary | SXLY.L | 0.00 | 0.0% |
| ConsStaples | SXLP.L | 11.93 | 10.3% |
| HealthCare | SXLV.L | 12.23 | 10.5% |
| Financials | SXLF.L | 15.12 | 10.0% |
| IT | SXLK.L | 0.00 | 0.0% |
| CommServices | SXLC.L | 0.00 | 0.0% |
| Utilities | SXLU.L | 14.62 | 16.1% |
| REITS | XRES.L | 6.66 | 10.6% |
| ETF sleeve (total) | | | 3.0% |
| MES Futures (RoRo) | MES | 6,914.35 | 3.5% |
| MES Futures Long/Short (signed) | MES | 6,914.35 | 3.5% |
| PULS (Cash_Carry) | PULS | 49.60 | 29.8% |
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