Dividends to May 21

No dividends will be distributed to shareholders up to ex-dividend date May 21 because we have small trading loss for this week.

Order book setups evaluated:   9
Order book setups executed:   3
Trading profits absolute:   -0.00060201
Trading profits percentage:   -0.0034%
Shares outstanding:   17,750

Passthrough Update and Direct Redeeming

Still the new exchange does not operate enough for the passthrough we described in OP. The direct redemption method therefore now will be operating for all shareholders to redeem.

Also we consider now buying back all shares because total capital for this fund does not enable to reach far enough order book depth to generate higher returns. Without order book depth returns will be limited in absolute. Shareholders with views about this or with interest to participate in our other trading activity can please contact us directly.