IGNITION

Ignition is a deliberately high-risk "smart lottery" — run in public. Small-cap deep-tech that could be the next NVIDIA or SanDisk if its technology wins, bought before the breakout: silicon photonics, quantum computing & security, AI-power (nuclear / GaN), novel memory, compute-in-memory and lidar. Most of these names will go nowhere; a few might 10–50×. So it's spread across ~16 names in three conviction tiers — bigger weights to the survivors with real revenue, tiny ones to the pre-revenue moonshots. One winner is meant to pay for many misses.

It's the defensive counterweight to Apex's concentrated momentum book. The goal isn't to win every bull market — it's to beat inflation comfortably, keep rough pace with the S&P over time, and hold its ground when the high-fliers break. Paper-tracked, no brokerage connection. NAV is price return (excludes dividends) to mirror how a copy-trading platform scores a portfolio; dividends are tracked apart.

Names came from a fact-checked deep-research pass across the frontier-compute verticals — chosen on forward thesis (the technology, the moat, the catalysts), not on what's already run. Then they were tiered by conviction and seeded live, today: no backtest, no hindsight, the clock starts now and every move is dated from here. Management is deliberately light, because over-managing a basket like this only adds drag: hold, but cut a name down 50% from entry (the thesis is dead) and skim a quarter off any name that 4×'s (bank house money, let the rest run). No market-crash breaker — at this risk tier you ride it out.

Set against Apex, it answers a different question: how much of the market's return can you keep while taking far less risk — and pulling ahead when the momentum trade rolls over?