Riptide Opportunities Fund Gains 2.6% In May As Tactical And Systematic Strategies Lead

Riptide Opportunities Fund’s commentary for the month ended May 31, 2026.

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The Riptide Opportunities Fund generated a +2.6% net return in May. The month’s gains were broad-based across the portfolio and the majority of underlying managers finished above their respective high-water marks. Three of the five sub-strategies contributed positively to the +2.6% return. Tactical strategies led with +1.08% of contribution, followed by Systematic at +0.97% and Fundamental L/S at +0.55%. The market-neutral and Macro strategies were essentially flat, each contributing 0.0%, as offsetting short alpha across tech and industrials and a modest drag from long bond exposure netted out.