We are requesting the ATMC present a performance report on a live call. Both the ETH and stablecoin funds appear to be underperforming passive alternatives like holding staked ETH and tokenized tbills, respectively.
While the stablecoin funds have not been deployed as long as the ETH strategies, underperformance of lower-risk, passive alternatives by both strategies is less than ideal.
It would be beneficial to everyone to understand why underperformance is occurring, whether it is expected to continue, and what changes to the top-level allocation strategy should be made if low-risk benchmarks continue to outperform, net of all fees, strategies with higher risks.