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GLOBAL MASTERS FUND LIMITED — Net Asset Value 2013
Dec 16, 2013
64981_rns_2013-12-16_fd0c0303-2c81-49e7-940a-d6b55d930246.pdf
Net Asset Value
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10 December 2013
Company Announcements Office Australian Stock Exchange Exchange Centre Level 6, 20 Bridge Street SYDNEY NSW 1215
Net Tangible Asset Backing at 30 November 2013
The unaudited NTA of the Company was as follows:
| Before estimated | After estimated | |||
|---|---|---|---|---|
| tax on unrealised | tax on unrealised | |||
| gains | gains | |||
| at | 30 | November 2013 | 133.57 ¢ | 126.07 ¢ |
| at | 31 | October 2013 | 129.26 ¢ | 122.77 ¢ |
At 30 November 2013, compared to 31 October 2013, a weakened Australian Dollar against the United States Dollar and British Pound has resulted in unrealised forex exchange gains. An increase in the share prices of Athelney Trust (ATY) and Berkshire Hathaway (BRK) have resulted in unrealised gains, contributing to a increased NAV per share at 30 November 2013. During November 2013, a small parcel of shares held in Berkshire Hathaway B were sold, with cumulative gains on market value being realised. This raised the necessary funds for an additional investment in Athelney Trust that is likely to occur during December 2013.
For further information please call the Company Secretary on 1300 552 660.
Yours faithfully,
GLOBAL MASTERS FUND LIMITED
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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