Quant Multi-factor

Gold Beta Overlay

Paused while real-rate regime is re-estimated. Draft signals remain visible.

PausedR3

NAV

103.10

30D

+1.10%

90D

+2.40%

YTD

+6.20%

ITD

+9.40%

MDD

-4.60%

Sharpe

0.74

AUM

$3.60M

Min

$2,000.00

Lockup

14d

Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.

Kenji Mori

@kenji-moriMandala Digital PartnersX @mandala_km LinkedIn

Duration and tokenized T-bill sleeves. Conservative by construction.

6P

Philosophy

Gold is a rate view wearing a metal costume.

Process

Monthly. Currently paused.

People

Mandala Digital Partners

Portfolio

XAU · GLD

Parent

Hong Kong / Dubai

Performance

YTD 6.20% · MDD -4.60%

Equity path

Monthly returns

-0.1%

+2.2%

+0.6%

-1.5%

+1.7%

-0.7%

-1.2%

+2.1%

+0.4%

+1.3%

+0.9%

-1.3%

-1.1%

-0.0%

+0.1%

+1.2%

-0.9%

+2.5%

Fees

Subscription: 0%
Redemption: 0.2%
Management: 0.8%
Performance: 10%
Copy fee: 8%

Suitable: Not open for new capital.

Not suitable: New subscriptions.

Linked vault

Gold Beta Overlay

TVL

$3.60M

30D

+1.10%

MDD

-4.60%

Open vault

Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.

Community & manager updates

The manager's market reads, rebalance records and monthly letters, alongside depositors' discussion. All simulated.

Discussion

8 posts · 6 replies · 8 participants · Last activity 4 Sept 2026

Every post here is simulated; none of it is advice.

KM
Kenji MoriManagerMarket readPinned
6 Sept 2026via iPhone
Rebalance for Gold Beta Overlay ran on schedule with no discretionary overrides. Vol target respected; factor weights published with the fills.
- Quiet CompounderDepositor · 2025-106 Sept 2026
  The R3 grade is honest. Do not size an R3 like a cash sleeve and then complain in the comments.
- Nimbus OAAnalyst6 Sept 2026
  Checked this against the fills. Consistent with the letter.
DA
Desk AlphaDepositor · 2025-12Question
4 Sept 2026via Web
How would you size Gold Beta Overlay inside a book that already holds $Orbit Liquidity Provider (OLP)$ as ballast?
- Kenji MoriManager4 Sept 2026
  As a satellite: single-digit percent of NAV for an R3. OLP is the ballast; this is not, however good the 30D looks.
Kenji MoriManagerRebalance
4 Sept 2026via Web
Scheduled rebalance, largest moves listed.
Market Side Fill Weight
XAU long 2,506.31 16.0%→19.0%
GLD long 231.27 46.0%→53.0%
Rebalanced 4 Sept 2026
M
MeiDepositor · 2026-08Question
2 Sept 2026via iPhone
Why the 14-day lockup on Gold Beta Overlay? I would size up with daily liquidity.
- Kenji MoriManager2 Sept 2026
  The 14-day lockup is the time we need to unwind without selling into a squeeze on your behalf. Daily liquidity would be paid for by the depositors who stay.
KM
Kenji MoriManagerMonthly letter
31 Aug 2026via Web
August letter for Gold Beta Overlay: +1.1% for the month, intramonth drawdown inside budget, no rule changes. Fees and lockup unchanged: 10% performance, 14-day lockup. Full attribution is on the factsheet.
- Quiet CompounderDepositor · 2025-1031 Aug 2026
  Attribution before excuses. Thank you.
SE
Sierra EightDepositor · 2026-06
31 Aug 2026via Web
Redeemed 20% last month for a tax bill and it paid T+1 after the 14-day lockup, exactly as written. Re-depositing next week.
- Otter CapitalDepositor · 2025-1131 Aug 2026
  This is the comment every new depositor should read before the factsheet.

Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.

Kenji Mori

Manager · Mandala Digital Partners

Duration and tokenized T-bill sleeves. Conservative by construction.

Official posts: 4
Replies: 2
Last post: 6 Sept 2026

Rebalance for Gold Beta Overlay ran on schedule with no discretionary overrides. Vol target respected; factor weights published with the fills.

All vaults by this manager

Latest rebalances

Fills and weight changes the manager published

Market	Side	Fill	Weight
XAU	long	2,506.31	16.0%→19.0%
GLD	long	231.27	46.0%→53.0%

Rebalanced 4 Sept 2026