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GLOBAL MASTERS FUND LIMITED — Net Asset Value 2008
Sep 7, 2008
64981_rns_2008-09-07_a74ee7c8-68d3-4235-8af8-b06f1a742487.pdf
Net Asset Value
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8 September 2008
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Company Announcements Office Australian Stock Exchange Exchange Centre Level 6 20 Bridge Street SYDNEY NSW 1215
Net Tangible Asset Backing at 31 August 2008
The unaudited NTA of the Company was as follows:
| Before estimatedtax on unrealisedgains | After estimatedtax on unrealisedgains | |
|---|---|---|
| At 31 August 2008 | 103.39 ¢ | 100.49 ¢ |
| At 31 July 2008 | 95.50 ¢ | 93.77 ¢ |
The Australian dollar weakened in August against the US dollar resulting in a foreign exchange gain for the company. In addition, the price of the shares of Berkshire Hathaway listed on New York Stock Exchange improved by about 1,75 % at 31 August 2008 compared with 31 July 2008. The unrealised foreign exchange gain together with the unrealised capital gain of Berkshire Hathaway shares resulted in an increase in NTA of Global Masters Fund Limited at 31 August 2008.
For further information please call the Company Secretary on 1300 552 660.
Yours faithfully,
Brian Jones
Company Secretary
Global Masters Fund Limited ABN 84 109 047 618
Tel: +61 1300 552 660 Fax: +61 2 9484 8785 Email: [email protected] www.globalmastersfund.com.au
1 Loch Maree Avenue Thornleigh Sydney NSW 2120 Australia
P.O. Box 71 Thornleigh NSW 2120 Australia