Algorithm Data: 08/07/2023

1. The Market: +0.45%

2. Long Term Portfolio: +0.39%

3. Variable Sector Neutral: +0.38%

4. Base Algorithm: +0.25%

5. Variable Market Neutral: +0.25%

6. Market Neutral: +0.14%

7. Sector Neutral: +0.05%

For the first time, our variable algorithms were run with 0% hedging today. For this reason, the Base Algorithm is directly underneath the Variable Market Neutral line in this plot. The Variable Sector Neutral system did not exactly match them, but this is intended. The Market Neutral and Base Algorithms train themselves in a slightly different way, compared to the Sector Neutral systems. Even with no hedging, their performance will not exactly match up.