Our Guinea Pig

Beta is a real portfolio strategy. It's also our test case for I2xP.

Python prototype today. Mesh-native C++ tomorrow.

What It Is

A tax-effective beta portfolio exploiting ASX franked dividends. ~50% of ASX investors can't use franking credits. We capture 6-8% gross yield while managing market exposure.

Two modes: Aggressive (20.8% CAGR, -3.7% max drawdown) or Conservative (6.2% CAGR, -0.1% max drawdown).

Why It's Here

Beta is the acceptance criteria for Auto WRAP.

The Python implementation defines what it must do. Auto will transform it into mesh-native C++ Parts that scale. When the tests pass, we know WRAP works.

The Transformation

Today (Python)

tracker.py, alert.py, model_ewma.py — working code that runs on a single machine.

Tomorrow (Mesh)

SignalPart, FactorPart, PortfolioPart — C++ Parts distributed across the mesh.

Key Numbers

Metric	Aggressive	Conservative
CAGR	20.8%	6.2%
Max Drawdown	-3.7%	-0.1%
Time Hedged	13%	100%
Gross Yield	6-8%	6-8%

What Happens Next

Once WRAP transforms Beta into mesh-native Parts, this page goes away. Beta becomes just another app running on I2xP — proof that the system works.

Until then, it's our guinea pig.

Fine print: CAGR and drawdown figures are based on backtesting from 2019-2024, which includes the COVID-19 crash (Feb-Mar 2020). During COVID, the market fell 36% while aggressive mode saw -3.7% max drawdown by hedging when signals hit DANGER on Feb 28, 2020. Past performance from backtesting does not guarantee future results. The signal system reacts to market conditions but cannot predict black swan events before they register in the indicators.