CD PRIVATE EQUITY FUND I — Net Asset Value 2023

Mar 13, 2023

Monthly update – February 2023

CD Private Equity Fund I

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NTA Gross assets Distributions per unit One month Annualised performance since
per unit (millions) (percentage of initial investment) performance [1,2] inception (August 2012) [1,2]
Last 12 months: Since inception:
$1.18 $46.60 22 cents (14%) 266 cents (166%) 4.1% 13.2%
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Fund update

The estimated unaudited net tangible asset value (NTA) after tax as at 28 February 2023 was $1.18[1,3] per unit (31 January 2023 was $1.21[1 ] per unit).

Net asset value movements for February were primarily a result of the 8 cents per unit distribution (declared: 1 February 2023) partially offset by foreign exchange gains due to the depreciating Australian dollar (which added approximately 4.8%).

CD1 Fund performance

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1 Month 3 Months 6 Months 1 Year 3 Years p.a. 5 Years p.a. Since inception p.a. [3]
NTA return [1,2] 4.1% 0.0% -1.4% 3.7% 14.0% 18.7% 13.2%
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On an NTA/Internal Rate of Return (IRR) basis CD1 has achieved a return of 12.3% per annum since inception.

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