AI assistant
CD PRIVATE EQUITY FUND III — Net Asset Value 2022
May 12, 2022
64628_rns_2022-05-12_c2b302ee-3c47-45e1-b238-8a4ed0165a34.pdf
Net Asset Value
Open in viewerOpens in your device viewer
Monthly update – April 2022
CD Private Equity Fund III
==> picture [457 x 52] intentionally omitted <==
----- Start of picture text ----- NTA Gross assets Distributions per unit One month Annualised performance sinceper unit (millions) (percentage of initial investment) performance [1,2] inception (July 2016) [1,2]Last 12 months: Since inception: 90.8$2.35 $177.20 65.5 cents (41%) cents (57%) 5.4% 15.8%----- End of picture text -----
Fund update
The estimated unaudited net tangible asset value (NTA) after tax as at 30 April 2022 was $2.35[1,3] per unit (31 March 2022 was $2.23[1] per unit).
Net asset value movements for April were primarily a result of foreign exchange gains due to the depreciating Australian dollar (which added approximately 6.0%).
CD3 Fund performance
==> picture [456 x 39] intentionally omitted <==
----- Start of picture text ----- 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] 5.4% 9.8% 22.2% 60.7% 27.3% 18.7% 15.8%----- End of picture text -----
On an NTA/Internal Rate of Return (IRR) basis CD3 has achieved a return of 14.1% per annum since inception.
CD3 portfolio asset allocation
LP commitments to underlying managers (US$117.5m)
==> picture [467 x 167] intentionally omitted <==
----- Start of picture text ----- Distribution DFWBusiness BertramElephant8.5% Services $10.0 $7.5$5.0Software & 20.3% EncoreTechnology US Select $7.5Direct II$27.5 $10.0 Gemspring26.4%10.1% Manufacturing$5.0Growth Street$7.5$10.0 Incline17.6% 17.1% Trive $5.0 $7.5$5.0 $10.0 LuminateConsumer & RetailHealthcare TelescopeNMSPeakSpan----- End of picture text -----
ASX release date: 13 May 2022
Notes: Authorised for release by E&P Investments Limited (ACN 152 367 649, AFSL 410 433), the responsible entity of CD Private Equity Fund III (Fund or CD3). 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 April 2022 of $2.46 per unit (31 March 2022 was $2.33). Numbers may not add due to rounding.
Level 15, 100 Pacific Highway North Sydney NSW 2060 T 1300 454 801 F 1300 883 159 E [email protected]
cdfunds.com.au ARSN 612 132 813