2. Investment Allocation by Currency Pair<\/h3>\n\n\n\n
Trivesta Investment utilized the funds raised through
the issuance of Notes to execute trades across three
major currency pairs:<\/p>\n\n\n\n
- \n
- GBP\/JPY: 31.25% of total trading volume.<\/li>\n\n\n\n
- GBP\/USD: 41.67% of total trading volume.<\/li>\n\n\n\n
- EUR\/USD: 27.08% of total trading volume.<\/li>\n<\/ul>\n\n\n\n
3. Trivesta Investment \u2013 Recent Trading Performance<\/h3>\n\n\n\n
- \n
- Monthly Performance: Trivesta Investment achieved an accumulated return of 7.01%
during the period from 1 July 2025 to 31 July 2025.<\/li>\n<\/ul>\n\n\n\n![\"\"](\"https:\/\/dev.trivesta.com.au\/wp-content\/uploads\/2025\/08\/20250827-124806.jpg\")
<\/figure>\n\n\n\n- \n
- Semi-Annual Performance (Jan 2025 \u2013 July 2025): Trivesta Investment achieved a
cumulative return of 27.8% over the seven-month period from Jan 2025 to July 2025.<\/li>\n<\/ul>\n\n\n\n![\"\"](\"https:\/\/dev.trivesta.com.au\/wp-content\/uploads\/2025\/08\/20250827-161555.jpg\")
<\/figure>\n\n\n\n- \n
- This data reflects Trivesta Investment\u2019s trading performance for the period from
January to July 2025, with a cumulative return of 7.01% based on internally reported
data. While the Trivesta Protected Yield Fund (TPYF) does not engage in trading
activities itself, the Fund\u2019s ability to meet its target annual distribution of 10% net of
fees is supported by the continued performance of Trivesta Investment and its capacity
to meet its obligations under the secured notes. Trivesta Investment\u2019s performance
data is provided for context only and does not represent the performance of the Fund.
TPYF\u2019s returns are limited to the fixed-rate income under its note subscription
agreements.<\/li>\n<\/ul>\n\n\n\n![\"\"](\"https:\/\/dev.trivesta.com.au\/wp-content\/uploads\/2025\/08\/20250827-161819.jpg\")
<\/figure>\n\n\n\nIII. Fund Liquidity and Risk Buffer<\/h2>\n\n\n\n
Trivesta Investment has subscribed to subordinated class units (Subordinated Units) in the
Fund, ensuring it consistently holds 10% of all units on issue. This arrangement provides a
liquidity buffer for the Fund, protects investor capital, and reinforces the stability of the
investment structure. The trading report confirms this 10% co-investment, aligning Trivesta
Investment\u2019s interests with those of the investors. The fund maintains a strong cash flow
position to meet all future distribution commitments.<\/p>\n\n\n\nIV. Fund Distributions<\/h2>\n\n\n\n
- \n
- Trivesta Protected Yield Fund received monthly distributions from Trivesta Investment as per the Notes’ terms.<\/li>\n\n\n\n
- On 15 August 2025, Trivesta Protected Yield Fund successfully completed its monthly distribution to all investors.<\/li>\n\n\n\n
- TPYF has consistently delivered a 10% annual return to investors. This return is supported by Trivesta Investment, which issues secured notes to TPYF at a fixed rate of 15% per annum. Trivesta Investment utilizes these funds to manage trading strategies under an arrangement designed to generate returns exceeding the fixed rate. Trivesta Investment retains any excess returns above the agreed rate, while TPYF ensures robust oversight of its activities.<\/li>\n<\/ul>\n\n\n\n
V. TPYF’s Risk Management Framework<\/h2>\n\n\n\n
TPYF goes beyond its obligations to ensure the security of its investments by actively monitoring Trivesta Investment. Trivesta Investment provides secured notes, forming the foundation of TPYF\u2019s fixed-income structure. In turn, Trivesta Investment conducts trading activities under a structured arrangement, adhering to strict risk management protocols. TPYF\u2019s Investment Committee oversees these trading activities through regular reporting and review to ensure compliance and alignment with investor objectives.<\/p>\n\n\n\n
TPYF\u2019s foundation lies in secured notes issued by Trivesta Investment, which makes the fund a fixed-income investment. While the fund benefits from Trivesta Investment\u2019s trading strategies, these activities are not the direct source of investor returns. Instead, Trivesta Investment ensures the payment of a fixed rate of 15% per annum on secured notes, forming the basis for TPYF\u2019s 10% annual distributions to investors. TPYF takes additional steps to monitor Trivesta Investment\u2019s performance, ensuring that all trading activities are conducted transparently and with a disciplined approach to risk management.<\/p>\n\n\n\n
VI. Market Outlook and Future Trends<\/h2>\n\n\n\n
EUR\/USD<\/h3>\n\n\n\n
EUR\/USD remains stable above 1.16, with traders awaiting US inflation data to guide the next move. Fed rate cut odds for September hover above 80% after weak labor market results, though a surprise inflation uptick could reduce easing expectations. Geopolitical developments\u2014including extended China tariff relief and the upcoming US\u2013Russia Alaska meeting\u2014add volatility risks. Short term, a break above 1.1660 may signal further gains, while a drop below 1.16 could trigger a test of 1.14. The pair\u2019s direction will hinge on macro data surprises and shifting central bank expectations.<\/p>\n\n\n\n
AUD\/USD<\/h3>\n\n\n\n
AUD\/USD trades near 0.6530 after the RBA cut its cash rate to 3.60% and downgraded 2025 growth forecasts, signaling scope for further easing. Market pricing suggests two additional cuts by early next year, though September odds remain low at 34%. Softer-than-expected US CPI data supports expectations for a Fed rate cut in September, limiting USD strength. Near term, the pair\u2019s direction will hinge on incoming Fed commentary, with dovish signals potentially cushioning AUD losses despite the RBA\u2019s policy tilt.<\/p>\n\n\n\n
GBP\/USD<\/h3>\n\n\n\n
GBP\/USD climbed above 1.3500 on Tuesday after upbeat UK labor figures and softer US CPI boosted Sterling sentiment. A drop in UK unemployment claims and slower wage growth eased inflation concerns, while US inflation stayed tame enough to support September Fed cut expectations. With Wednesday\u2019s calendar quiet, focus shifts to Thursday\u2019s UK Q2 GDP, forecast at 0.1% QoQ, and US PPI, expected at 2.9% YoY. Technically, the pair holds above the 50-day EMA near 1.3430, with 1.3600 as the next resistance hurdle.<\/p>\n\n\n\n
Conclusion<\/h3>\n\n\n\n
Trivesta Protected Yield Fund remains committed to delivering consistent value to our investors. We will continue to prioritize transparency, performance excellence, and prudent risk management as we work to achieve our financial objectives. The investment committee extends its gratitude for your trust and support.<\/p>\n\n\n\n
Disclaimer<\/h3>\n\n\n\n
The information contained in this Fund Update is general in nature and has no regard to the specific investment objectives, financial or particular needs of any specific recipient. It is not intended to constitute investment advice or a personal securities recommendation. This document is not a Product Disclosure Statement (PDS) or an offer of units and contains a brief overview of the investment only. Investment in the Fund is available to wholesale clients only, as defined under the Corporations Act 2001 (Cth). Any prospective investor wishing to make an investment in the Fund must obtain and read the IM (Information Memorandum) dated 30 November 2024 and complete an application form. Past performance is not a reliable guide to future performance and the capital and income of any investment may go down as well as up. Please note that the returns in the Trivesta Investment trading account are not reflective of the fund’s returns. The fund’s target return is 10% per annum after management fees. The investment committee meets regularly to review and monitor performance. The investment objective is not a forecast, and is only an indication of what the investment strategy aims to achieve over the medium to long term. Any financial investment is characterised by a certain degree of uncertainty and that consequently, any investment involves risks. You should consult your financial adviser before making any decision to acquire the product and services.<\/p>","protected":false},"excerpt":{"rendered":"
Trivesta Protected Yield Fund (Fund) I. Executive Summary Trivesta Protected Yield Fund (TPYF) is a wholesale fund available only to investors who qualify as wholesale clients under the Corporations Act 2001 (Cth). The Fund is managed by Trivesta Funds Pty Ltd ACN 627 270 900 (AR No. 1274820), a corporate authorised representative of Trivesta Capital […]<\/p>\n","protected":false},"author":11,"featured_media":2980,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"template-parts\/single-post-ai.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[27],"tags":[39,40,41],"class_list":["post-2976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-investing","tag-australia","tag-fixed-income","tag-forex"],"acf":[],"_links":{"self":[{"href":"https:\/\/trivesta.com.au\/zh\/wp-json\/wp\/v2\/posts\/2976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trivesta.com.au\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trivesta.com.au\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trivesta.com.au\/zh\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/trivesta.com.au\/zh\/wp-json\/wp\/v2\/comments?post=2976"}],"version-history":[{"count":1,"href":"https:\/\/trivesta.com.au\/zh\/wp-json\/wp\/v2\/posts\/2976\/revisions"}],"predecessor-version":[{"id":3714,"href":"https:\/\/trivesta.com.au\/zh\/wp-json\/wp\/v2\/posts\/2976\/revisions\/3714"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trivesta.com.au\/zh\/wp-json\/wp\/v2\/media\/2980"}],"wp:attachment":[{"href":"https:\/\/trivesta.com.au\/zh\/wp-json\/wp\/v2\/media?parent=2976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trivesta.com.au\/zh\/wp-json\/wp\/v2\/categories?post=2976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trivesta.com.au\/zh\/wp-json\/wp\/v2\/tags?post=2976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
- This data reflects Trivesta Investment\u2019s trading performance for the period from
- Semi-Annual Performance (Jan 2025 \u2013 July 2025): Trivesta Investment achieved a
- Monthly Performance: Trivesta Investment achieved an accumulated return of 7.01%