What is the fund made of?
Strategy family · Market universe · Instruments · Subsidiary structure · Counterparties · Collateral · Rebalancing · Risk targeting · Disclosure layer
An open, evidence-linked record of what was classified, why it was classified, and when the decision must be reviewed.
A direct statement located in a verified primary document.
Current activity is intentionally small and complete: initial admissions are recorded, no later changes are implied, and the next review windows are visible.
The ETF wrapper made managed futures accessible. It did not make them understandable.
Same label does not mean same exposure.
A classification without evidence history is only an opinion.
A classification is publishable only when it answers five questions. The registry begins empty by design.
| Dimension | ECS rule | Primary evidence | Inference | Review due |
|---|---|---|---|---|
| ○ No admitted decisions in the founding release | ||||
Not a yearly snapshot. Every event distinguishes what changed from why our judgment changed.
Discovery is not publication. Every fact must cross the same ten-stage admission path before it can support a public classification.
The ontology separates what the fund is, what kind of knowledge supports it, and why the published state changed.
Strategy family · Market universe · Instruments · Subsidiary structure · Counterparties · Collateral · Rebalancing · Risk targeting · Disclosure layer
Direct · Corroborated · Derived · Incomplete · Conflicting · Superseded · Withdrawn · Unknown · Not applicable
Fund changed · Disclosure changed · Evidence improved · Rule changed · ETFCTA correction
Planned tools turn the registry into a recurring research surface while preserving its non-advisory boundary.
Identity, documents, observations, decisions, and change events remain independently updateable.
ECS-001 now separates structural classification, evidence sufficiency, and change and review governance. Sprint 0B defines how knowledge is admitted before the first real fund.