Performance to date on USE ( 18 months)

BATU - 510, BOBU - 385, DFCU - 455, NVL - 1060, SBU - 155, UCL - 85


BOBU 25% annualised
NVL -43%
DFCU -31%

Consolidated position is -14 % annualised.

Current Strategy
Buying: NVL
Watching: DFCU BOBU
Selling: all others