Rayshaun Smith Enterprises AI Fund Quarterly Update

Date: August 15, 2023

Performance Highlights:

- From May 15th 2023 to August 15th 2023, we allocated $100,000 specifically to AI and semiconductor stocks. Over this quarter, the fund exhibited a robust growth of 27.8%. This growth translates to a net gain of $27,751.25, bringing the total market value to $127,751.25.

Fund Holdings Breakdown:

1. **NVDA - Nvidia Corporation**

- Mkt Value/Qty: $37,809.04/86

- Open P&L: +$13,370.42/+54.71%

- Last/Avg Price: $439.64/$284.17

2. **AMD - Advanced Micro Device**

- Mkt Value/Qty: $22,470.48/202

- Open P&L: +$3,258.26/+16.96%

- Last/Avg Price: $111.24/$95.11

3. **AI - C3.Ai, Inc.**

- Mkt Value/Qty: $18,910.08/588

- Open P&L: +$18,910.08/588

- Last/Avg Price: $32.16/$20.00

4. **GOOGL - Alphabet Inc.**

- Mkt Value/Qty: $16,476.98/127

- Open P&L: +$1,687.83/+11.41%

- Last/Avg Price: $129.74/$116.45

5. **MU - Micron Technology Inc.**

- Mkt Value/Qty: $15,610.42/238

- Open P&L: +$1,111.46/+7.67%

- Last/Avg Price: $65.59/$60.92

6. **QCOM - Qualcomm Inc.**

- Mkt Value/Qty: $10,490.40/94

- Open P&L: +$723.80/+7.41%

- Last/Avg Price: $111.60/$103.90

7. **ISM - Taiwan Semi**

- Mkt Value/Qty: $5,775.84/63

- Open P&L: +$490.14/+9.27%

- Last/Avg Price: $91.68/$83.90

Looking Ahead:

As we move forward, our strategic focus remains on identifying and leveraging the most promising opportunities within the AI landscape, as well as related tech sectors. The continued innovation and adoption of AI technologies across industries presents a compelling case for future growth. Our dedicated team is consistently monitoring market trends, ensuring that the Rayshaun Smith Enterprises AI Fund is well-positioned to capitalize on emerging opportunities.