CD PRIVATE EQUITY FUND II — Fund Information / Factsheet 2021

Oct 13, 2021

Monthly update – September 2021

CD Private Equity Fund II

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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 (April 2013) [1,2]
Last 12 months: Since inception:
$2.14 $124.5 42 cents (26%) 137 cents (86%) 1.9% 12.4%
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Fund update

The estimated unaudited net tangible asset value (NTA) after tax as at 30 September 2021 was $2.14[1,3] per unit (31 August 2021 was $2.10[1] per unit).

Net asset value movements for September were primarily as a result of foreign exchange gains from the weakening Australian dollar (which added approximately +1.2%).

CD2 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] 1.9% 13.8% 13.3% 24.4% 13.7% 14.0% 12.4%
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On an NTA/Internal Rate of Return (IRR) basis CD2 has achieved a return of 11.9% per annum since inception.

CD2 portfolio asset allocation

LP commitments to underlying managers (US$98.0m)

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Distribution Blue Point
US Select
TechnologySoftware & 4.7% 9.5% 22.5% Business Services Direct $15.0 $5.0 $7.5 CPF DFW
$5.0
Trive
$10.0 High Road
$7.5
Healthcare 22.7%
14.1% Manufacturing Tower Arch $8.0 $7.5 Main Post
$6.5
2.0% $10.0 NMS
Telecommunications 24.5% Tengram $8.0 $8.0
RFE
Consumer & Retail Staple Street
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ASX release date: 14 October 2021

Notes: Authorised for release by E&P Investments Limited (ACN 152 367 649, AFSL 410 433), the responsible entity of CD Private Equity Fund II (Fund or CD2). 1. Source: E&P Investments Limited – the historical performance is not a guarantee of the future performance of the Fund; 2. Total returns are inclusive of distributions. NTA return is based on post tax NTA; 3. Based on estimated unaudited net tangible asset value before tax at 30 September 2021 of $2.27 per unit (31 August 2021 was $2.23). Numbers may not add due to rounding.

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