Performance to date on USE ( 19 months)

BATU - 370, BOBU - 380, DFCU - 500, NVL - 910, SBU - 150, UCL - 80


BOBU 23% annualised
NVL -44%
DFCU -22%

Consolidated position is -12 % annualised.

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