February 19th Update

FutureCompute — Investor Performance
FutureCompute
AI Compute & Semiconductor Fund · Swiss AMC
AS OF 18 FEBRUARY 2026
ISIN CH1501159441
UBS NEO AMC · 9,870 UNITS
Inception RPL
99.59
03 Dec 2025
Current RPL
101.50
18 Feb 2026
Peak RPL
103.36
16 Jan 2026
Portfolio Value
$10,018
USD · 9,870 units
Since Inception
+1.92%
vs QQQ −3.15%
RPL — Weekly Since Inception
Return vs Benchmarks (Dec 5 → Feb 18)
FutureCompute Outperformance Advantage
Indexed Performance — All Five (Dec 5, 2025 = 100)
Benchmark Comparison Table
Portfolio Holdings
Manager Commentary

FutureCompute has delivered +1.92% since inception, outperforming every benchmark in scope. QQQ fell 3.15%, the Nasdaq Composite (IXIC) −3.51%, and ARKK collapsed 12.84% over the same period.

The December trough (−2.88%, Dec 12) reflected a sector-wide AI reassessment following DeepSeek R1. The portfolio recovered decisively through January, peaking at +3.79% on Jan 16 as hyperscaler earnings confirmed sustained infrastructure commitment.

Google is the standout contributor — Gemini integration is delivering measurable search and cloud revenue uplift. Microsoft has lagged on enterprise Copilot adoption pace but Azure AI remains structurally strong.

Target: +30% by Dec 2026 · Next review: Apr 2026

Weekly NAV Data
DateRPLPortfolio ValueGain vs Inceptionvs QQQ (spread)
Swiss AMC Certified · 30+ Years Semiconductor Experience
Gary Wilkins

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