Upslope's objective is to deliver attractive, equity-like returns with significantly reduced market risk and low correlation versus traditional equity strategies. Volatility from Q1 continued and intensified in Q2, making for another relatively favorable environment for Upslope's approach. Note: clients should always check individual statements for returns, which may vary due to timing and other factors. Bargains have begun to emerge, but investors need to be pickier than usual - despite a market -20% YTD. Not everything is on sale and the macro environment is packed with landmines.