AI assistant
GLOBAL MASTERS FUND LIMITED — Net Asset Value 2016
Mar 8, 2016
64981_rns_2016-03-08_40ccb2ac-d775-4127-819c-416974d405e6.pdf
Net Asset Value
Open in viewerOpens in your device viewer
9 March 2016
==> picture [261 x 99] intentionally omitted <==
Company Announcements Office Australian Stock Exchange Exchange Centre Level 6, 20 Bridge Street SYDNEY NSW 1215
Net Tangible Asset (NTA) backing at 29 February 2016
The unaudited NTA of the Company was as follows:
| Before estimatedtax on unrealisedgains | After estimatedtax on unrealisedgains | |
|---|---|---|
| at 29 February 2016 | 172.50 ¢ | 154.50 ¢ |
| at 31 January 2016 | 170.52 ¢ | 153.23 ¢ |
The NTA per share at 29 February 2016 increased due to BRK shares increasing on NYSE and the weakening of the Australian dollar at 29 February 2016 compared to previous month end.
The share prices of Berkshire Hathaway (BRK) on NYSE were up at 29 February 2016 but the Australian Dollar weakened and the result was an increase in the value of BRK investment in Australian dollar terms. Against this however, there was a decrease in share prices of Althelney Trust on LSE and Flagship shares on ASX. Overall result was a slight increase in the NTA of the Company at 29 February 2016.
For further information please call the Company Secretary on 1300 552 660.
Yours faithfully,
GLOBAL MASTERS FUND LIMITED
==> picture [63 x 51] 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