- MDD
- -5.90%
- Sharpe
- 1.34
- Win rate
- 55.9%
- Vol 30D
- $5.21M
- Age
- 554d
- Skin in game
- 9%
- Perf fee
- 10%
- Lockup
- 7d
- Depositors
- 10
- Leader
- Description
- Value and quality on TOPIX large caps with a currency hedge. Slow, boring, and meant to be.
- Value + residual momentum + low-vol, 8% vol target, weekly rebalance.
- Process
- Quarterly rebalance, 40-name book, 6% vol target, JPY hedged to USD.
- 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 |
|---|---|---|---|---|---|---|---|
| EWJ | long | $171,650 | 101.93 | 100.00 | -$3,256.58 -15.81% | 73.39 | $20,598 |
| 7203.T | long | $20,721 | 2,701.08 | 2,680.00 | -$161.71 -6.50% | 1,944.78 | $2,487 |
| 8306.T | long | $63,166 | 1,739.52 | 1,720.00 | -$709.00 -9.35% | 1,252.46 | $7,580 |
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 5 Sept 2026
- 6 Sept 2026via Web
Rebalance for Japan Value Factor 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.
- 5 Sept 2026via Web
How would you size Japan Value Factor 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 iPhone
Scheduled rebalance, largest moves listed.
Market Side Fill Weight EWJ short 99.02 31.0%→37.0% 7203.T long 2,661.12 19.0%→11.0% 8306.T long 1,741.29 35.0%→29.0% Rebalanced 4 Sept 2026 - 31 Aug 2026via iPhone
August letter for Japan Value Factor: +1.9% for the month, intramonth drawdown inside budget, no rule changes. Fees and lockup unchanged: 10% performance, 7-day lockup. Full attribution is on the factsheet.
Attribution before excuses. Thank you.
- 30 Aug 2026via Web
What does the worst week look like for Japan Value Factor? The published -5.9% max drawdown is a number, not a story.
The -5.9% was a two-week episode with the stop doing its job on day nine. The story is on the factsheet under Process; the fills are on-chain.
- Desk AlphaDepositor · 2025-1228 Aug 2026via Web
Compared Japan Value Factor with the two closest vaults on the list. Same category, lower drawdown here, slightly lower APR. I will take that trade every time.
Agree, and the fills match the published book, which is the only thing I actually check.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Foothill's Asia multi-factor sleeve, published as a copyable desk.
- Official posts
- 4
- Replies
- 2
- Last post
- 6 Sept 2026
Rebalance for Japan Value Factor 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 |
|---|---|---|---|
| EWJ | short | 99.02 | 31.0%→37.0% |
| 7203.T | long | 2,661.12 | 19.0%→11.0% |
| 8306.T | long | 1,741.29 | 35.0%→29.0% |
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.