AI assistant
GLOBAL MASTERS FUND LIMITED — Net Asset Value 2011
Jan 6, 2011
64981_rns_2011-01-06_907770e8-d68a-43c2-8739-17aba30665c9.pdf
Net Asset Value
Open in viewerOpens in your device viewer
==> picture [260 x 98] intentionally omitted <==
7 January 2011
Company Announcements Office Australian Stock Exchange Exchange Centre Level 6 20 Bridge Street SYDNEY NSW 1215
Net Tangible Asset Backing at 31 December 2010
The unaudited NTA of the Company was as follows:
| Before estimated | After estimated | ||||
|---|---|---|---|---|---|
| tax on unrealised | tax on unrealised | ||||
| gains | gains | ||||
| at | 31 | December | 2010 | 93.2 ¢ | 93.2 ¢ |
| at | 30 | November | 2010 | 98.5 ¢ | 94.5 ¢ |
At 31 December 2010, the share prices of Berkshire Hathaway increased slightly on the NYSE compared to 30 November 2010. The strength of the Australian Dollar resulted in a high unrealised exchange loss being incurred and the overall result was a drop in the NAV at 31 December 2010.
For further information please call the Company Secretary on 1300 552 660.
Yours faithfully,
GLOBAL MASTERS FUND LIMITED
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