We hope you’re doing well.

We’re pleased to share your TWF Third Quarter 2026 Shareholder Report, covering the period from March 1 to May 31, 2026.

This quarter was another positive one for the fund. Our estimated share value reached a new high of $2,044 per share, investor equity continued to grow, mortgage debt was reduced by approximately $78,000 over the past year, and rental income increased by nearly 6% year-to-date. While precious metals and Bitcoin experienced some short-term market softness during the quarter, both remain positive year-to-date and continue to play an important role in our long-term diversification strategy.

As always, our focus remains on building long-term value through a diversified portfolio anchored by income-producing real estate, supported by strategic investments in precious metals, Bitcoin, and cash reserves. We believe this balanced approach continues to position the fund well for long-term growth while maintaining stability through changing market conditions.

Thank you for your continued trust and investment in TWF. We appreciate your support and invite you to review the attached report. If you have any questions or would like to discuss the results in more detail, please don’t hesitate to reach out.

Warm regards,

The TWF Management Team