We celebrate the completion of our first year in business. Our performance since 1 May 2019 is 4,1% vs -1,6% for the MSCI World. Our fund performance in April 2020 is 9,1%. We are confident that we will win more in good times and lose less in bad times.

First and foremost, we would like to send strength and best wishes to those trying to get well in these uncertain and turbulent times. Our performance in March 2020 is -9.4%.

We have seen a meaningful drop in equity markets in February. It was a volatile month for stocks. AlphaTower finished the month sharply lower, -11.4%. We are confident that we will win more in good times and lose less in bad times.

Investors enjoyed a year that saw a positive return for nearly every global equity market. While many of the global stock indices were unable to record a positive performance in the first month of this year, AlphaTower achieved a 0.8% return.

Today, we are excited to inform you that AlphaTower has achieved a 5.3% return in December 2019, bringing the return since the start of AlphaTower (30 April 2019) to 18.0% and the 2019 full-year return to 33.1%.