In partnership with

Investors see ANOTHER return from Masterworks (!!!!)

That’s 6 sales in 7 months. 29 all time. And the performance?

16.5%, 17.6%, and 17.8%, net annualized returns on sold works held longer than one year (See all 29 at Masterworks.com)

It’s not from stocks, private equity, or real estate… it’s from contemporary and post war art. Crazy, right?

With Masterworks, you don’t need to be a BILLIONAIRE to invest in multi-million dollar art anymore.

Historically, the segment overall has had attractive appreciation and low correlation to stocks.*

Masterworks targets works featuring legends like Banksy, Basquiat, and Picasso, identifying what they believe to have significant long-term appreciation potential, not just at the artist level but at the level of individual artworks.

As one of the largest players in the art market, with $1.3 billion invested over 500 artworks, they pass critical advantages through to their 70,000+ members to add art to their portfolios strategically.

Looking to diversify your investments in 2026?

*According to Masterworks data. Investing involves risk. Past performance is not indicative of future returns. See important Reg A disclosures at masterworks.com/cd.

AS/NZS 3000-2018 Ch.8

Testing Is Not Optional

AS/NZS 3000 Chapter 8 mandates that every electrical installation — including solar — be inspected and tested before being energised and before a Certificate of Compliance Electrical Work (CCEW) is issued. For solar, this means both the DC array and the AC grid connection must be tested and results recorded.

Required Tests — DC Side

Test

Equipment

Pass Criterion

String VOC

DC voltmeter (1000 V rated)

Within ±5% of calculated VOC at measured irradiance

String ISC (optional but recommended)

DC ammeter (clamp)

Within ±10% of rated ISC at measured irradiance

DC insulation resistance (string to earth)

Insulation tester — 500 V DC or 1000 V DC

>1 MΩ per string (new installation)

Connector mating check

Visual inspection + tug test

All connectors fully seated, no partial mating

Polarity check

Voltmeter

DC positive = positive throughout; negative = negative

Required Tests — AC Side

Test

Equipment

Pass Criterion

Insulation resistance

Insulation tester — 500 V AC

>1 MΩ active-to-earth, neutral-to-earth

Earth continuity

Low-resistance ohmmeter

<1 Ω from inverter chassis to switchboard main earth

Polarity

Voltmeter

Active on correct terminal, neutral on correct terminal

RCD operation

RCD tester (trip time at 5×I∆n)

<40 ms for 30 mA Type A RCD

Inverter power-up and grid sync

Observation + inverter display

Inverter connects to grid and displays real power output

Anti-islanding functional test

Manual isolation test

Inverter ceases output within 2 seconds of isolation

Documentation

Test results must be recorded on the commissioning form and retained by the installer for at least 7 years. The CCEW (or equivalent state document) must reference the test results and be provided to the customer. For CEC Design and Installation Certificate requirements, the commissioning form must also be submitted to the CEC within 30 days of the installation date.

Engr. Jason Morales — Founder, SolarEnergyPH

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