CD PRIVATE EQUITY FUND II — Net Asset Value 2019

Aug 13, 2019

14 August 2019

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Cordish Dixon Private Equity Fund II (Fund)

ASX: CD2

NTA & Fund Update – 31 July 2019

NTA update

The estimated unaudited net tangible asset value before withholding tax on unpaid distributions at 31 July 2019 was $2.25[1] per unit (30 June 2019 was $2.42[1] per unit). On 25 July 2019, the Fund announced a distribution of $0.22 per unit, to be paid to investors on or around 14 August 2019.

The Fund is a long-term investor and seeks to make investments in a tax-effective manner. If tax at 21% on estimated underlying investment values were to be recognised, the estimated unaudited net asset backing after tax as at 31 July 2019 would be $2.10[1] per unit.

Fund update

Capital called

At 31 July 2019, US Select Private Opportunities Fund II, L.P. ( LP ) has called US$81.4 million (or 85.6% of capital committed). The Fund’s proportionate share is approximately US$71.1 million (an 87.3% share).

For further information, contact:

Investor Relations 1300 454 801

1. Source: Walsh & Company Investments Limited – the historical performance is not a guarantee of the future performance of the Fund.

Level 15, 100 Pacific Highway North Sydney NSW 2060 cordishdixonfunds.com.au T 1300 454 801 F 1300 883 159 E info@cordishdixonfunds.com.au ARSN 162 057 089