- MDD
- -4.60%
- Sharpe
- 0.74
- Win rate
- 71.0%
- Vol 30D
- $1.62M
- Age
- 781d
- Skin in game
- 17%
- Perf fee
- 10%
- Lockup
- 14d
- Depositors
- 10
- Leader
- Description
- Paused while real-rate regime is re-estimated. Draft signals remain visible.
- Cash-like first. Overlay gold beta only when real rates compress.
- Process
- Monthly. Currently paused.
- Custody
- Capital enters a MAIN illustration account, subscription moves to STRATEGY, exits return to MAIN then redeem. Segregation is illustrative.
| Market | Side | Size | Entry | Mark | uPnL (ROE) | Liq. price | Margin |
|---|---|---|---|---|---|---|---|
| XAU | long | $154,034 | 2,496.72 | 2,480.00 | -$1,031.51 -5.58% | 1,797.64 | $18,484 |
| GLD | long | $98,340 | 229.55 | 228.00 | -$664.72 -5.63% | 165.28 | $11,801 |
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
- 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.
The R3 grade is honest. Do not size an R3 like a cash sleeve and then complain in the comments.
Checked this against the fills. Consistent with the letter.
- 4 Sept 2026via Web
How would you size Gold Beta Overlay inside a book that already holds $Orbit Liquidity Provider (OLP)$ as ballast?
As a satellite: single-digit percent of NAV for an R3. OLP is the ballast; this is not, however good the 30D looks.
- 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 - 2 Sept 2026via iPhone
Why the 14-day lockup on Gold Beta Overlay? I would size up with daily liquidity.
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.
- 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.
Attribution before excuses. Thank you.
- Sierra EightDepositor · 2026-0631 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.
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.
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% |
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.