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GLOBAL MASTERS FUND LIMITED — Net Asset Value 2008
Jul 14, 2008
64981_rns_2008-07-14_88c2a273-76ca-42d7-8b42-abb2cdc8296e.pdf
Net Asset Value
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15 July 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 30 June 2008
The unaudited NTA of the Company was as follows:
| Before estimated | After estimated | ||||
|---|---|---|---|---|---|
| tax on unrealised | tax on unrealised | ||||
| gains | gains | ||||
| At | 30 | June | 2008 | 97.10 ¢ | 93.47 ¢ |
| At | 31 | May | 2008 | 107.51 ¢ | 103.96 ¢ |
The US dollar strengthened in June against the Australian dollar resulting in a foreign exchange loss. In addition, the price of the shares of Berkshire Hathaway listed on New York Stock Exchange fell by more than 10 % in June 2008. The foreign exchange loss together with the fall in the share price of Berkshire Hathaway during June 2008 decreased the NTA of Global Masters Fund Limited at 30 June 2008.
For further information please call the Company Secretary on 1300 552 660.
Yours faithfully,
Brian E. 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