AI assistant
GLOBAL MASTERS FUND LIMITED — Net Asset Value 2011
May 16, 2011
64981_rns_2011-05-16_f3ff3376-2fbf-4240-acbb-680578ffa4b3.pdf
Net Asset Value
Open in viewerOpens in your device viewer
==> picture [260 x 98] intentionally omitted <==
10 May 2011
Company Announcements Office Australian Stock Exchange Exchange Centre Level 6 20 Bridge Street SYDNEY NSW 1215
Net Tangible Asset Backing at 30 April 2011
The unaudited NTA of the Company was as follows:
| Before estimated | After estimated | |||
|---|---|---|---|---|
| tax on unrealised | tax on unrealised | |||
| gains | gains | |||
| at | 30 | April 2011 | 91.03¢ | 91.03¢ |
| at | 31 | March 2011 | 95.98 ¢ | 95.98 ¢ |
At 30 April 2011, the share prices of Berkshire Hathaway on NYSE were softer than at 31 March 2011. In addition to this, the rise in the value of the Australian Dollar against the United States Dollar during April 2011, contributed to the decline in NAV of Global Masters Fund Limited. The result was a decrease in net asset backing (NAV) per share at 30 April 2011 compared with NAV at 31 March 2011.
For further information please call the Company Secretary on 1300 552 660.
Yours faithfully,
GLOBAL MASTERS FUND LIMITED
==> picture [68 x 54] intentionally omitted <==
Brian Jones
Company Secretary
Global Masters Fund Limited ABN 84 109 047 618
Tel: +61 1300 552 660 Fax: +61 2 8815 5401 Email: [email protected] www.globalmastersfund.com.au
Level 1 12 O’Connell Street Sydney NSW 2000 Australia