Scoreboard
Which asset carries the reserve?
Every asset class is scored against what its issuers promised: stated yield against realised, cost against NAV, and how stale the last attestation is. No opinions, only the ledger.
Asset classes
| # | Class | Share | Cost | NAV | Stated | Realised | Paid | Attested |
|---|
Realised is annualised from what actually landed in the reserve since purchase. Attestation older than four days is marked.
Reading it
- Stated vs realised
- The issuer's headline yield against what the reserve has actually received, annualised. A gap wider than a third of a point is flagged.
- Cost vs NAV
- What the keeper paid against what the issuer says the units are worth today. Treasuries drift up; gold and commodities move both ways.
- Attested
- How long since the issuer last published holdings or a NAV. Stale attestations are the first sign something is wrong.
- Share
- Where the reserve is concentrated. Nothing rebalances it; it is the sum of what launches chose to back.