Jordan Alvaredo @JordiAlvont: "📈𝐌𝐨𝐧𝐭𝐡𝐥𝐲 𝐔𝐩𝐝𝐚𝐭𝐞 -𝐅𝐞𝐛𝐫𝐮𝐚𝐫𝐲 𝟐𝟎𝟐𝟔📈 𝟑.𝟏𝟖% -..."

Spain

📈𝐌𝐨𝐧𝐭𝐡𝐥𝐲 𝐔𝐩𝐝𝐚𝐭𝐞 -𝐅𝐞𝐛𝐫𝐮𝐚𝐫𝐲 𝟐𝟎𝟐𝟔📈 𝟑.𝟏𝟖% - February 2026 vs -𝟏.𝟐𝟗% SP500 𝟗.𝟓𝟐%- 2026 YTD vs 𝟎.𝟔𝟖% S&P500🎯 𝟏𝟒𝟒.𝟏𝟐% since inception 📊 February 2026 comes to an end and we achieve a remarkable 3.18% return against -1.29% by the S&P500, which went down by a lot because of weakness in the tech sector and a lot of geopolitical tension. It has been an ideal month for a portfolio with an average risk of 5/10. It went up because of the extreme volatility the market is experiencing recently, but it's still controlled and moderate to low. I expect it to go down to 4 as the market volatility becomes more stable and now that earnings season has finished. The inflation in the US, as we saw earlier this month, is cooling, now at 2.4% and near the 2% objective of the FED. I see this as a sign of macroeconomic strength and a good economic indicator. The US GDP has also grown strong and the European GDP keeps growing, so in summary we have a strong economic growth in the biggest economies, which is also a positive sign that adds to my optimism, as the majority of the assets I hold are European and from the US. The geopolitical situation in Iran may cause a lot of volatility in the short term, but I don't believe it will influence the performance of US stocks much, less so european stocks, as Europe has wisely chosen to remain neutral in the conflict in the Middle East that already involves many countries. I continue to support the importance of diversification, which is always essential in investing, but it has proven more necessary than ever in this year where the US market is rotating out of Software. The story repeats again and what you may have thought of as unstoppable euphoria now is complete fear again. The tech software is suffering and AI is the main reason, along with the high valuations, but I expect, as Jensen Huang said, that AI is complementary to Software and not a direct danger to the Software companies earnings', so long-term they could still have a strong performance. For all of the above I believe that diversification is more necessary than ever and I maintain my strategy and my patience, that have proved to be essential for attaining results. We have all witnessed extreme volatility, with days that went from green to red on just a couple of hours. The portfolio also suffered losses, we started the first days of february with a -4% and we finish, as you see, with a 3.18%, which shows again the importance of patience. 𝐅𝐮𝐧𝐝𝐬 I am NOT planning to add funds this month. 𝐒𝐮𝐦𝐦𝐚𝐫𝐲 As I said, we end a great month with 3.18% and my view of the year is optimistic. I believe the diversification I ampled has been really successful and I will continue with my exposition to European, US, Latin American and Asian markets, selecting the best assets in each sector and geographical location, mainly in terms of fundamentals, tendency and future outlook. Take care and good luck in 2026. $BTC $SPX500 $META (Meta Platforms Inc) $NVDA (NVIDIA Corporation) $TSLA (Tesla Motors, Inc.) $AMZN (Amazon.com Inc) $AAPL (Apple)