Treasuries (TLT) are being used as the hedge for MAY. They were also available in prior months in the portfolio but were not used during the “black swam” event for this strategy. I find this to be a very strange occurrence, as the Bond strategy should be a somewhat “safe haven” low risk strategy for the long term. I got hit pretty hard during the past period. Since it has followed an “old” method without adequate hedging this should have been acknowledged to subscribers who are depending on this as a low risk bond strategy. I do like logical invest and I do like their approach, but this is a bad one.