Performance

AuM: c. $10 million

Performance since inception: +1,999% cumulative gross return (since May 2020, updated March 31, 2026)

Performance Records

Audit: Inception to Nov 2024 – View Audit Report

Monthly Performance

Monthly returns by year (blank cells indicate no data):

Figures for Dec 2024 and all data from 2025 onward are provisional and unaudited. March 2026 is month-to-date through March 31, 2026.

Performance at a Glance

Monthly returns, cumulative NAV, and drawdowns for a EUR 100K managed account, net of fees.

Data through March 31, 2026 (March 2026 month-to-date, provisional). Source: Fiat Elpis trade blotter and broker statements. Returns are net of performance fees and transaction costs.

Gross Performance Metrics (May 2020 - Mar 31, 2026)

Gross results before investor-specific fees; risk-free 2.5%; metrics from completed monthly gross returns.