Performance to date on USE ( 21 months)

BATU - 370, BOBU - 380, DFCU - 500, NVL - 770, SBU - 160, UCL - 70


BOBU 21% annualised
NVL -45%
DFCU -21%

Consolidated position is -13 % annualised.

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


Best this year has been 7% worst has been -14%