This week we closed all remaining open positions at the Derivatix brokerage account and returned back into pure cash. We would sit on cash safe and sound for the rest of this quarter with absolutely no exposure to the market movement whatsoever. We would then Jump back into the market on Canada day AKA July 1st. I delayed our normal monthly report waiting to have all positions closed and the end-of-quarter results known. Now it is the time to disclose the good news:
We managed to make another round of good profit for our investors in the current quarter. They are enjoying (since last night when I emailed them the result!) an estimated 11.7% gain net after the all fess in this quarter. Adding this to previous gains, the fund is now 23% up for the entire year (2016) and 44% up since inception less than 10 months ago. Too good but true! The current quarter has not yet finished for other players however you may compare our result to some major marker indices as of June 16th, 2016 in the chart at below.
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