# DDR1-RRA2 Public Forward-Observation Protocol

This is a low-disclosure public record for one frozen CNETF research candidate, identified as **DDR1-RRA2**.

## Publicly disclosed scope

- Freeze anchor: 2026-08-25.
- Historical evidence window: 2022-04-26 to 2026-08-11.
- Asset pool: the source-defined CNETF multi-asset sleeve. Detailed holdings, signals, and weights are not published here.
- Rebalancing convention: 63 trading days.
- Forward-observation target: four complete 63-trading-day blocks, or 252 genuinely new governed trading days.
- Primary historical cost convention: 20 basis points (Cost20). Cost40 is retained as a stricter sensitivity convention.
- Benchmark context: the matched source-defined anchor. Equal-weight, 60/40, and other economic benchmarks are not represented by this low-disclosure observer unless explicitly added to a later public snapshot.

## Observation states

- `pending`: no complete forward block has been finalized.
- `interim`: a current block is in progress; its partial performance is not a conclusion.
- `finalized block`: a complete 63-trading-day block has been reviewed and may enter the public lockbox record.

The current observer is `pending`: 0 of 252 genuinely new governed trading days are recorded. The historical values on the dashboard are exposed-history evidence, not fresh-forward confirmation.

## Update and verification rule

Public snapshots may publish summary metrics, benchmark context, block status, and hash commitments. A hash commitment permits a later integrity check without publishing the committed private artifact. No synthetic daily NAV path is created when the governed private observation record is unavailable.

This page is a research record. It is not investment advice, a product offering, a live trading authorization, or a promise of future performance.