The Terramatris Solana Covered Calls Growth Fund launched on September 4, 2025, with an initial seed contribution of $100. September marked the Fund’s first month of operations, with the onboarding of seven subscribers and the issuance of 5,973 NAV units, bringing total Assets Under Management (AUM) to $5,536.
The Fund remains open to new capital commitments until it reaches $100,000 in AUM. TerraM Fund, one of our core investors, has committed to ongoing biweekly contributions of $100 through at least September 2026.
Execution of the Fund’s covered call strategy proceeded as intended during September. NAV closed the month at $0.93 per share, reflecting ordinary option-market dynamics amid broader volatility in Solana pricing.
For full details on Fund activity, fees, and outlook, please read our brochure in the attachment.