A distribution.
Not a headline.

Calculation basis

The numbers are net of the 20% performance fee and net of exchange fees, funding, and execution slippage. They come straight out of daily settlement statements pulled from each client's exchange. No simulations. No representative composite. No back-fill. The full live book is what is being reported.

Reporting population

The distribution covers the full book of active, fee-paying client mandates opened from 2024 onward. The underlying strategy has been live as a single portfolio since mid-2022, with the full research record running from October 2019. Each account gets the same weight. The median client is the median client, regardless of mandate size. Position sizing scales with the declared risk group and the account equity, which means the sample reflects how the strategy actually runs across the book, not a capital-weighted average that one large account can pull.

Third-party verification

Algonet is non-custodial. Client capital stays in the client's own exchange account in every period. Every fill prints directly to that account, and the client can pull their own record from the exchange independently at any time. Strategy details are not disclosed, and read-only API keys or per-trade data are not shared — the burn risk to clients and to the signal set is too high. Performance figures are available for verification under a formal DD engagement that preserves strategy IP, through referral introduction. An independent Agreed-Upon Procedures attestation is planned for Q3 2026 through an Israeli mid-tier audit firm, scoped to cover the monthly return series and execution audit trail.