Strategy

Design Intent

Mana Investment uses a proprietary multi-market research engine to identify, calibrate and evaluate intraday strategies. A103 is a selected application on ES and GC, rather than the full scope of the research infrastructure.

The underlying A103 trading strategies were selected in late 2025 and used unchanged for the January-August 2026 results presented. The R1 label describes the portfolio capitalisation and monthly sizing calculation, not a new selection of the underlying trading strategies.

The selected A103 strategies operate through predefined trading rules rather than discretionary signal intervention. Research on other candidates remains separate from this reference configuration.

The objective is consistency of process under controlled constraints, rather than prediction of short-term market direction.

A103 Operating Profile

• Systematic decision and execution framework
• Intraday operation with no intentional overnight position exposure
• Selected intraday strategies on ES and GC within the broader multi-market engine
• Rule-based operation across varying market environments
• Execution subject to predefined risk constraints
• Systematic execution without discretionary signal intervention

A103 R1: The reference sizing unit associates USD 300,000 with a model maximum of 3 ES contracts and USD 100,000 with a maximum of 2 GC contracts. Actual utilisation is determined by active sub-strategies and risk controls and may be lower, including zero. Each month, the multiplier and corresponding ceilings are adjusted using prior month-end component equity; its floor of one does not impose a minimum open position. Gains remain in their component, with no annual reset, component transfers or target-weight rebalancing.

Decision Architecture

The Mana engine supports model research and calibration upstream. The diagram below describes the operating sequence of a selected strategy, from signal formation through risk constraints and execution to intraday closure.

High-level view of the decision process; detailed signal logic and calibration remain proprietary.

Market-Specific Research

Time zones, trading sessions and market-specific operating conventions are already integrated into the operational research infrastructure. The research task is to identify the appropriate variables, interactions, parameter configurations and risk limits for each instrument.

Alongside A103, the broader research universe includes NQ, CL, EUR/USD, GBP/USD, K200, HSI and ZN, among other markets. A common engine does not mean that oil, Nasdaq, interest-rate or foreign-exchange markets use the same strategy. Research and evaluation remain separate from the published A103 results.

Execution Discipline

Execution is governed by predefined constraints, including exposure limits, intraday closure requirements and operational safeguards.

The system is designed to prioritize process integrity over reactive adjustments, emotional decision-making or short-term performance optimization.

Research Boundaries

Public documentation distinguishes the shared Mana research engine, the selected A103 strategies and the R1 portfolio simulation. It presents architecture and methodology, not the proprietary rules of every candidate model.

The portfolio-level R1 sizing policy is documented above and in the Investor Summary. Detailed signal logic, calibration methods, selection criteria, execution thresholds, model parameters and implementation details remain proprietary and are not published on this website.