Murekha Portfolio

High-CAGR ETF Portfolio & Investment Policy Statement

Prepared for long-term, rules-based capital compounding via a Singapore Pte Ltd structure.

1. Portfolio Allocation (USD 1,000 Monthly DCA, Additional USD 50 will be allocated to the previous year's monthly DCA amount, from 2nd year onwards. EG: 1st year Monthly DCA amount USD 1000, 2nd year USD 1050, 3rd year USD 1100 and so on....

• 3× Leveraged Core: TQQQ, SOXL, UPRO 

• 2× Leveraged Support: QLD, SSO, USD, ROM, BITU, ETHT

• Unleveraged Tech/Semis: QQQ, SPY, IYW, SOXX

• Supplementary & Stabilizers: GLD,JEPQ

Expected long-cycle CAGR target: 26–27% (with acceptance of high drawdowns).

2. Crash-Mode Rebalancing Rules

• Crash mode is triggered when Nasdaq-100 falls 30%+, S&P; 500 falls 25%+, VIX exceeds 40, or any major 3× ETF falls 70% from ATH.

• During crash mode: continue all monthly DCA without interruption; no selling permitted.

• Each quarter during crash mode: redirect 20% of new contributions toward the three

worst-performing ETFs by drawdown, reducing allocation from least-affected ETFs.

• Crash mode ends once index levels recover above the 200-day moving average and at least 50% of the drawdown is recovered.

3. Investment Policy Statement Murekha Capital Pte. Lte.

• Objective: Achieve long-term capital appreciation targeting >25% CAGR via systematic ETF investing.

• Universe: Exchange-traded funds only; no individual securities or discretionary trading.

• Capital Deployment: Monthly DCA, strict allocation caps, reinvestment of all income.

• Risk Parameters: Acceptance of up to -60% drawdowns; no borrowing or margin outside ETF structures.

• Governance: Rules-based execution; changes require written documentation and board acknowledgment.

• Succession: Portfolio rules dodocumented to ensure continuity across management transitions.

This document is intended for internal governance, long-term planning, and investor communication.

It does not constitute an offer or solicitation.

Portfolio Rebalancing & Risk Control Rules

Rebalancing at Murekha is designed to control concentration risk and convert volatility into long-term opportunity. All actions are rules-based and non-discretionary.

Normal Market Rebalancing

Rebalancing occurs once per calendar year under normal market conditions. Allocation drift of up to ±30% of target is tolerated. Preference is given to adjusting future contributions rather than selling existing positions.

Crash-Mode Rebalancing

Crash-mode is triggered if major indices fall materially or volatility spikes. During crash-mode, all contributions continue. Quarterly contribution adjustments redirect capital toward the most heavily drawn-down assets while maintaining allocation caps. Selling is prohibited during crash-mode.

Governance & Discipline

All rebalancing actions are logged, dated, and executed according to predefined rules. Deviations require written documentation and board acknowledgment.

Investment Universe

We maintain a focused portfolio of US-listed ETFs, balancing core stability with specialized tactical growth:

• Core Market Stability: Foundational exposure through Invesco QQQ Trust (QQQ) and SPDR S&P 500 ETF (SPY).

• Thematic Growth: Targeted sector leadership in semiconductors and technology via iShares Semiconductor ETF (SOXX) and iShares U.S. Technology ETF (IYW).

• Tactical Leverage: High-conviction positions in instruments like ProShares UltraPro QQQ (TQQQ) and Direxion Daily Semiconductor Bull 3X Shares (SOXL) for targeted alpha.

• Income & Defensive Hedges: Strategic balancing with JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and SPDR Gold Shares (GLD). 

Risk Management Framework

Our risk management is multi-layered, ensuring that our Discipline, Continuity, and Capital are never compromised:

• Exposure Balancing: We offset aggressive leveraged products (TQQQ, SOXL) with defensive assets (GLD) and income drivers (JEPQ) to manage portfolio drawdowns.

• Liquidity Focus: By exclusively trading US-listed ETFs, we ensure immediate capital agility and institutional-grade transparency.

• Systematic Controls: We use quantitative triggers to rebalance our sectors (Technology vs. Semiconductors), ensuring that no single thematic move endangers our 30-year vision.