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CD PRIVATE EQUITY FUND I — Net Asset Value 2023
Nov 13, 2023
64626_rns_2023-11-13_da9e1cdc-0f96-4c47-9af0-3d1612c54f9f.pdf
Net Asset Value
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14 November 2023
CD PRIVATE EQUITY FUND I: ASX: CD1
NET TANGIBLE ASSET UPDATE – 31 OCTOBER 2023
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----- Start of picture text ----- Gross assets Distributions DistributionsNTA per unit Fund Inception 5 year NTA return(million) Last 12 months Since Inception$1.11 $40.26 million $0.33 per unit $2.77 per unit August 2012 15.1% p.a.----- End of picture text -----
The estimated unaudited net tangible asset value (NTA) after tax as at 31 October 2023 was $1.11[1,3] per unit (30 September 2023 was $1.07[1,3] per unit).
The net asset value movement recorded during the month was primarily a result of foreign exchange movements, with the Australian dollar falling by 1.5% during the month.
PERFORMANCE SUMMARY
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----- Start of picture text ----- 1 month 6 months 1 year 3 years p.a. 5 years p.a. Since inception p.a.NTA Return [1,2]3.7% 2.9% -4.5% 19.8% 15.1% 12.8%----- End of picture text -----
On an NTA/Internal Rate of Return (IRR) basis, CD1 has achieved a return of 12.2% per annum since inception.
MONTHLY INVESTMENT ACTIVITY
During the month of October, the LP did not receive any capital calls and was not informed of any exits.
On 3 November 2023, the Responsible Entity (RE) released the quarterly update for the period ended 30 September 2023. Unitholders can find this release here.
- Source: E&P Investments Limited (for data before 24 June 2023) and K2 Asset Management Ltd (for data post 24 June 2023). The historical performance is not a guarantee of the future performance of the Fund;
- Total returns are inclusive of distributions and based on post tax NTA;
Authorised for release by K2 Asset Management Ltd (ACN 085 445 094, AFSL 244 393), the responsible entity of CD Private Equity Fund I (Fund or CD1). Notes: AUD:USD spot rate of 0.6337 as at 31 October 2023. Numbers may not sum due to rounding.
- Estimated unaudited net tangible asset value before tax at 31 October 2023 of $1.10 per unit (30 September 2023 was $1.08).
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Email: [email protected] | Phone: +61 3 9691 6110 | Web: www.cdfunds.com.au
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