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CD PRIVATE EQUITY FUND II — Net Asset Value 2023
Jun 13, 2023
64627_rns_2023-06-13_d1adf2ca-d435-46fe-9580-c402061fa539.pdf
Net Asset Value
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Monthly update – May 2023
CD Private Equity Fund II
| NTA | Gross assets | Distributions per unit (percentage of | Distributions per unit (percentage of | One month | Annualised performance since |
|---|---|---|---|---|---|
| per unit | (millions) | initial investment) | performance1,2 | inception (April 2013)1,2 | |
| Last 12 months: | Since inception: | ||||
| $1.61 | $92.00 | 34 cents (21%) | 206.5 cents (129%) | -1.8% | 11.0% |
Fund update
The estimated unaudited net tangible asset value (NTA) after tax as at 31 May 2023 was $1.61[1,3] per unit (30 April 2023 was $1.64[1] per unit).
Net asset value movements for May were primarily a result of negative asset valuation movements from underlying LPs partially offset by foreign exchange gains due to the depreciating Australian dollar (which added approximately 1.7%).
CD2 Fund performance
| 1 Month | 3 Months | 6 Months | 1 Year | 3 Years p.a. | 5 Years p.a. | Since inception p.a.3 | |
|---|---|---|---|---|---|---|---|
| NTA return1,2 | -1.8% | -6.9% | -6.4% | -6.0% | 9.6% | 11.4% | 11.0% |
On an NTA/Internal Rate of Return (IRR) basis CD2 has achieved a return of 11.3% per annum since inception.
ASX release date: 14 June 2023
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 31 May 2023 of $1.75 per unit (30 April 2023 was $1.78). Numbers may not add due to rounding.
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