:root {
  --ink:#203347;
  --muted:#66778a;
  --blue:#397fa8;
  --line:#e1e8ee;
  --bg:#f1f3f6}

* {
  box-sizing:border-box}

html {
  scroll-behavior:smooth}

body {
  margin:0;
  background:var(--bg);
  color:var(--ink);
  font-family:Inter,ui-sans-serif,-apple-system,BlinkMacSystemFont,"Segoe UI",sans-serif}

a {
  color:var(--blue);
  text-decoration:none}

a:hover {
  text-decoration:underline}

a:focus-visible {
  outline:3px solid #73b3d5;
  outline-offset:3px}

header {
  background:white;
  border-bottom:1px solid var(--line);
  position:sticky;
  top:0;
  z-index:10}

.nav {
  max-width:1160px;
  margin:auto;
  display:flex;
  align-items:center;
  justify-content:space-between;
  padding:10px 24px;
  gap:15px}

.brand {
  display:flex;
  align-items:center;
  gap:12px;
  color:var(--ink);
  font-size:20px;
  font-weight:800;
  white-space:nowrap}

.brand img {
  width:51px;
  height:51px;
  border-radius:50%;
  object-fit:cover;
  border:1px solid var(--line)}

.navlinks {
  display:flex;
  gap:25px;
  align-items:center;
  font-size:14px;
  font-weight:650}

.navlinks a {
  color:#556879}

.navlinks a:hover {
  color:var(--blue)}

.nav-cta {
  border:1px solid #bcd2df;
  padding:10px 14px;
  border-radius:9px;
  font-size:13px;
  font-weight:750}

.wrap {
  max-width:1160px;
  margin:auto;
  padding:24px 24px 55px}

.hero {
  background:white;
  border:1px solid var(--line);
  border-radius:17px;
  padding:55px 58px;
  display:grid;
  grid-template-columns:1.4fr .7fr;
  gap:42px;
  align-items:center}

.kicker {
  font-size:11px;
  font-weight:800;
  letter-spacing:.13em;
  text-transform:uppercase;
  color:var(--blue)}

h1 {
  font-size:clamp(36px,4.6vw,57px);
  letter-spacing:-.045em;
  line-height:1.1;
  margin:15px 0 17px}

h2 {
  font-size:27px;
  letter-spacing:-.03em;
  margin:0 0 10px}

h3 {
  font-size:19px;
  line-height:1.35;
  margin:9px 0}

p {
  color:var(--muted);
  line-height:1.75;
  margin:9px 0 15px}

.hero p {
  font-size:17px;
  max-width:570px}

.buttons {
  display:flex;
  gap:11px;
  flex-wrap:wrap;
  margin-top:25px}

.btn {
  display:inline-block;
  background:var(--blue);
  color:white;
  padding:12px 18px;
  border-radius:9px;
  font-weight:700;
  font-size:14px}

.btn:hover {
  color:white;
  background:#27648b;
  text-decoration:none}

.btn.outline {
  background:#edf5fa;
  color:var(--blue)}

.hero-logo {
  border-radius:15px;
  background:#f2f7fa;
  padding:25px;
  text-align:center}

.hero-logo img {
  width:190px;
  max-width:100%;
  border-radius:11px}

.hero-logo strong {
  display:block;
  font-size:21px;
  margin-top:15px}

.section {
  margin-top:34px}

.section-title {
  display:flex;
  justify-content:space-between;
  align-items:end;
  gap:16px;
  margin-bottom:17px}

.section-title p {
  margin:0}

.grid2 {
  display:grid;
  grid-template-columns:1fr 1fr;
  gap:20px}

.card {
  background:#fff;
  border:1px solid var(--line);
  border-radius:14px;
  padding:27px;
  box-shadow:0 2px 9px #23374705}

.card h2 {
  margin-top:9px}

.fundbar {
  display:flex;
  height:17px;
  border-radius:6px;
  overflow:hidden;
  gap:2px;
  margin:22px 0 12px}

.fundbar i {
  display:block}

.fundrow {
  display:flex;
  justify-content:space-between;
  align-items:center;
  padding:10px 0;
  border-bottom:1px solid #edf0f4;
  font-size:14px}

.fundrow span:first-child {
  display:flex;
  align-items:center;
  gap:9px}

.dot {
  width:10px;
  height:10px;
  border-radius:50%;
  display:inline-block;
  flex-shrink:0}

.stat {
  background:#f0f6fa;
  border-radius:11px;
  padding:23px;
  margin:18px 0}

.stat b {
  font-size:43px;
  color:var(--blue);
  letter-spacing:-.045em;
  display:block;
  margin:5px 0}

.stat small,.note {
  font-size:12px;
  line-height:1.6;
  color:#718193}

.metricgrid {
  display:grid;
  grid-template-columns:repeat(3,1fr);
  gap:10px;
  margin:17px 0}

.metric {
  border:1px solid #e1eaf0;
  border-radius:10px;
  padding:13px}

.metric b {
  display:block;
  font-size:22px;
  color:#285e82}

.metric span {
  font-size:11px;
  color:var(--muted)}

.articlegrid {
  display:grid;
  grid-template-columns:repeat(3,1fr);
  gap:18px}

.articlecard {
  display:flex;
  flex-direction:column;
  background:#fff;
  border:1px solid var(--line);
  border-radius:13px;
  padding:24px;
  min-height:235px}

.articlecard h3 a {
  color:var(--ink)}

.articlecard h3 a:hover {
  color:var(--blue)}

.articlecard p {
  font-size:14px}

.articlecard .read {
  margin-top:auto;
  font-size:13px;
  font-weight:750}

.backtest-image {
  display:block;
  width:100%;
  border-radius:9px;
  border:1px solid var(--line)}

.footer {
  padding:30px 0 15px;
  margin-top:38px;
  border-top:1px solid #dbe3eb;
  color:var(--muted);
  font-size:13px;
  display:flex;
  justify-content:space-between;
  gap:20px;
  flex-wrap:wrap}

.prose {
  max-width:810px;
  margin:0 auto}

.prose .card {
  padding:44px 50px}

.prose h1 {
  font-size:clamp(32px,4vw,45px)}

.prose h2 {
  font-size:23px;
  margin:32px 0 10px}

.prose h3 {
  margin:22px 0 8px}

.prose p,.prose li {
  font-size:16px;
  line-height:1.85;
  color:#526477}

.prose li {
  margin-bottom:6px}

.prose table {
  width:100%;
  border-collapse:collapse;
  font-size:14px;
  margin:20px 0}

.prose th,.prose td {
  padding:12px 10px;
  border-bottom:1px solid var(--line);
  text-align:left}

.prose th {
  background:#f3f7fa}

.prose .source {
  margin-top:35px;
  border-top:1px solid var(--line);
  padding-top:20px}

.disclosure {
  background:#f1f6f9;
  padding:15px 18px;
  border-radius:9px;
  color:#65798b;
  font-size:12px;
  line-height:1.7;
  margin-top:25px}

.table-scroll {
  overflow-x:auto}

.fund-table {
  width:100%;
  border-collapse:collapse;
  min-width:760px;
  font-size:13px}

.fund-table td,.fund-table th {
  padding:12px 9px;
  border-bottom:1px solid var(--line);
  text-align:right;
  white-space:nowrap}

.fund-table td:first-child,.fund-table th:first-child {
  text-align:left}

.fund-table th {
  color:#687687;
  font-size:11px;
  background:#f2f5f7}

.fund-table tr:hover td {
  background:#f8fafc}

.positive {
  color:#237d55;
  font-weight:700}

.negative {
  color:#b24646;
  font-weight:700}

.menu {
  display:none}

@media(max-width:800px) {
  .nav {
  padding:8px 15px}

.navlinks {
  gap:12px;
  font-size:12px}

.nav-cta {
  display:none}

.hero {
  padding:35px 28px;
  grid-template-columns:1fr}

.hero-logo {
  display:none}

.wrap {
  padding:17px 14px 35px}

.grid2,.articlegrid {
  grid-template-columns:1fr}

.metricgrid {
  grid-template-columns:repeat(3,1fr)}

.card {
  padding:22px}

.prose .card {
  padding:25px 20px}

.section {
  margin-top:27px}

}

@media(max-width:530px) {
  .brand {
  font-size:16px}

.brand img {
  width:42px;
  height:42px}

.navlinks {
  gap:11px}

.navlinks a {
  font-size:12px}

.navlinks .hide-mobile {
  display:none}

.metricgrid {
  grid-template-columns:1fr 1fr}

.hero p {
  font-size:15px}

.hero {
  padding:29px 23px}

.footer {
  display:block}

}

/* v4: integrated backtest and philosophy */
.performance-table {
  min-width:1060px;
  width:100%;
  border-collapse:collapse}

.performance-table th {
  line-height:1.4;
  vertical-align:middle}

.performance-table td:first-child {
  min-width:245px;
  font-weight:650;
  color:var(--ink)}

.performance-table td:first-child .dot {
  vertical-align:middle;
  margin-right:6px}

.performance-table tbody tr:nth-child(even) {
  background:#f8fafc}

.performance-table td,.performance-table th {
  padding:15px 11px}

.table-scroll {
  border:1px solid var(--line);
  border-radius:11px;
  overflow-x:auto}

.philosophy-grid {
  display:grid;
  grid-template-columns:1.05fr 1fr;
  gap:20px}

.philosophy-lead {
  background:#f6fbfe}

.philosophy-points {
  display:grid;
  gap:11px}

.principle {
  background:white;
  border:1px solid var(--line);
  border-radius:12px;
  padding:18px 20px;
  display:flex;
  gap:15px;
  align-items:flex-start}

.principle>span {
  background:#e8f2f8;
  color:#31789f;
  border-radius:8px;
  padding:9px;
  font-weight:800;
  font-size:13px}

.principle h3 {
  margin:0 0 3px;
  font-size:16px}

.principle p {
  margin:0;
  font-size:13px;
  line-height:1.6}

@media(max-width:800px) {
  .philosophy-grid {
  grid-template-columns:1fr}

}

@media(max-width:530px) {
  .navlinks {
  gap:8px}

.navlinks a {
  font-size:11px}

.brand {
  gap:5px;
  font-size:14px}

.brand img {
  width:36px;
  height:36px}

}

.pigeon-tagline {
  margin-top:22px!important;
  padding:19px 21px;
  background:#e9f3fa;
  border-left:4px solid #397da7;
  border-radius:9px;
  font-weight:650;
  color:#254b67!important;
  font-size:16px!important;
  line-height:1.7!important}

.pigeon-tagline a {
  color:#21678e;
  font-weight:800;
  text-decoration:underline;
  text-underline-offset:3px}


/* Historical research tables */
.sector-columns {
  display: grid;
  grid-template-columns: repeat(2, minmax(0, 1fr));
  gap: 18px;
  align-items: start;
  margin: 18px 0 26px;
}

.data-table-wrap {
  overflow-x: auto;
  border: 1px solid var(--line);
  border-radius: 11px;
  margin: 15px 0 22px;
}

.snapshot-table {
  width: 100%;
  border-collapse: collapse;
  font-size: 14px;
  margin: 0 !important;
}

.snapshot-table caption {
  text-align: left;
  padding: 14px 15px;
  background: #edf5fa;
  font-weight: 750;
  color: var(--ink);
}

.snapshot-table th,
.snapshot-table td {
  padding: 10px 14px;
}

.snapshot-table tbody tr:nth-child(even) {
  background: #f8fafc;
}

.snapshot-table .numeric,
.snapshot-table th:last-child {
  text-align: right;
  font-variant-numeric: tabular-nums;
  white-space: nowrap;
}

.snapshot-summary {
  display: grid;
  grid-template-columns: repeat(3, minmax(0, 1fr));
  gap: 12px;
  margin: 20px 0 24px;
}

.snapshot-summary > div {
  background: #f0f6fa;
  padding: 17px;
  border-radius: 10px;
}

.snapshot-summary strong {
  display: block;
  color: var(--blue);
  font-size: 25px;
}

.snapshot-summary span {
  display: block;
  color: var(--muted);
  font-size: 12px;
  line-height: 1.5;
}

.snapshot-callout {
  background: #f0f6fa;
  border-left: 4px solid var(--blue);
  padding: 17px 20px;
  border-radius: 8px;
  margin: 24px 0;
}

.snapshot-callout p {
  margin-bottom: 0;
}

.articlegrid-two {
  grid-template-columns: repeat(2, minmax(0, 1fr));
}

.articlegrid-two .articlecard {
  min-height: 210px;
}

@media (max-width: 650px) {
  .sector-columns,
  .snapshot-summary,
  .articlegrid-two {
    grid-template-columns: 1fr;
  }
}