{
  "schema": "alcum.attestation/1",
  "series": "SAMPLE-2026-B (hedged)",
  "network": "sepolia",
  "sample": true,
  "date": "2026-08-04",
  "valuation": {
    "nav": 249484.73,
    "units": 25000,
    "unitValue": 9.9794,
    "dealingPrice": 9.9794,
    "dealing": {
      "allocations": 1,
      "allocatedUsdc": 250000,
      "unitsIssued": 25000,
      "redemptions": 0,
      "unitsRetired": 0,
      "paidUsdc": 0,
      "nettedUsdc": 0,
      "netFlowUsdc": 250000,
      "dealtOn": "2026-08-03"
    },
    "haircutWithheld": 0,
    "highWaterMark": null,
    "operationalMark": null,
    "attribution": {
      "copperPrice": 0,
      "fx": 0,
      "operational": -505,
      "hedge": 0,
      "haircuts": 0,
      "fees": -10.27,
      "flows": 250000
    },
    "attributionPerUnit": {
      "copperPrice": 0,
      "fx": 0,
      "operational": -0.0202,
      "hedge": 0,
      "haircuts": 0,
      "fees": -0.000411,
      "flows": 0
    },
    "contributions": [
      {
        "eventId": "bf9a2fe2-2fcb-4d4d-822c-df871295ae0e",
        "type": "ALLOCATION",
        "note": "Issue price 10.0000",
        "evidenceRef": "sha256:9fb03d676ebe",
        "effect": {
          "copperPrice": 0,
          "fx": 0,
          "operational": 0,
          "hedge": 0,
          "haircuts": 0,
          "fees": 0,
          "flows": 250000
        }
      },
      {
        "eventId": "fee-2026-08-04",
        "type": "FEE_ACCRUAL",
        "note": "1.50 % p.a., one day on the NAV before fees",
        "effect": {
          "copperPrice": 0,
          "fx": 0,
          "operational": 0,
          "hedge": 0,
          "haircuts": 0,
          "fees": -10.27,
          "flows": 0
        }
      },
      {
        "eventId": "5c283600-decb-4265-86e5-8f39938d0b88",
        "type": "FX_CONVERSION",
        "note": "USDC→EUR, FX fee + transfer + gas",
        "evidenceRef": "sha256:e70205c68e14",
        "effect": {
          "copperPrice": 0,
          "fx": 0,
          "operational": -410,
          "hedge": 0,
          "haircuts": 0,
          "fees": 0,
          "flows": 0
        }
      },
      {
        "eventId": "8492aece-a524-4834-90df-caf315804efe",
        "type": "HEDGE_OPEN",
        "note": "Temporary long copper hedge, 5 % margin",
        "evidenceRef": "sha256:bfa40f553064",
        "effect": {
          "copperPrice": 0,
          "fx": 0,
          "operational": -95,
          "hedge": 0,
          "haircuts": 0,
          "fees": 0,
          "flows": 0
        }
      }
    ]
  },
  "inputs": {
    "eventLogSha256": "d70d3e9dfbfb9d8727a215dc9ed79bf748ec0e908b7a89b64dd2498118268eba",
    "eventCount": 4,
    "methodology": "design document §3.7 / owner checklist xCUP Share Price Update Events (revised), with §3.8 corrections"
  },
  "issuedAt": "2026-08-04T15:00:00.000Z",
  "signer": {
    "alg": "Ed25519",
    "publicKeyPem": "-----BEGIN PUBLIC KEY-----\nMCowBQYDK2VwAyEAK3Xme4H2XZPGZphfWnUzgoaNHm9nJleg2R+U9hC0ub8=\n-----END PUBLIC KEY-----\n",
    "kind": "dev-file"
  },
  "signature": "BVDJJfsD90YBQOJMsGa+4Igx5ThiSX+Y1pxj9XR92XRKuMq1XGM0rOqml+4Oj3yd/t5/GYxLCyhgK4hKew0oAQ=="
}