Performance Attribution Report — June 2026 (Net of Fees)
Period: 02 Feb 2026 to 30 Jun 2026
Performance Summary
| June 2026 | Since Inception |
|---|
| Fund Return (NAV) |
+0.49% |
+11.24% |
| S&P 500 Return |
-1.32% |
+7.50% |
| Active Return |
+1.82% |
+3.75% |
Portfolio – Avg Exposure & Entry Prices [2026-02-02 → 2026-06-30]
| Instrument | Mnemonic | Avg Entry Price (USD) | Avg Exposure (%) |
|---|
| Energy | SXLE.L | 38.71 | 7.5% |
| Materials | IUMS.L | 8.77 | 8.5% |
| Industrials | IUIS.L | 12.71 | 10.0% |
| ConsDiscretionary | SXLY.L | 41.51 | 3.1% |
| ConsStaples | SXLP.L | 40.46 | 11.2% |
| HealthCare | SXLV.L | 41.85 | 9.5% |
| Financials | SXLF.L | 51.14 | 12.2% |
| IT | SXLK.L | 117.47 | 13.8% |
| CommServices | SXLC.L | 30.54 | 4.2% |
| Utilities | SXLU.L | 48.20 | 14.2% |
| REITS | XRES.L | 20.12 | 5.9% |
| ETF sleeve (total) | | | 42.0% |
| MES Futures (RoRo) | MES | 7,077.40 | 48.5% |
| MES Futures Long/Short (signed) | MES | 7,077.40 | 38.4% |
| PULS (Cash_Carry) | PULS | 49.60 | 29.8% |
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