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Kingfish Limited — Net Asset Value 2019
Jul 18, 2019
66218_rns_2019-07-18_cde9836f-6b9f-476a-94ad-004ba9baa4e3.pdf
Net Asset Value
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Kingfish Limited Phone +64 9 489 7094 Fax +64 9 489 7139 Private Bag 93502 Takapuna, Auckland
KFL undiluted NAV as at 17/7/19 - $1.6555
| Date | 17/7/2019 | 10/7/2019 |
|---|---|---|
| KFL undiluted NAV* | $1.6555 | $1.6488 |
| Share price close | $1.44 | $1.43 |
| Discount | 13% | 13% |
The above net asset value (NAV) is unaudited and net of fees and tax.
The NAV per share is calculated after deducting treasury stock of 132,862 shares (acquired under the Kingfish buyback programme). A performance fee payable to the Manager is currently being accrued in the NAV.
- The undiluted NAV excludes any impact on the NAV of the exercise of warrants (KFLWE).
The five largest portfolio holdings at 17 July 2019 are approximately as follows:
| The a2 Milk Company | 17% |
|---|---|
| Fisher & Paykel Healthcare | 13% |
| Mainfreight | 12% |
| Infratil | 9% |
| Freightways | 8% |
BACKGROUND
Kingfish is a listed investment company that invests in growing New Zealand companies. The Kingfish portfolio is managed by Fisher Funds, a specialist investment manager with a track record of successfully investing in growth company shares. The aim of Kingfish is to offer investors competitive returns through capital growth and dividends, and access to a diversified portfolio of investments through a single tax-efficient investment vehicle. Kingfish listed on NZX Main Board on 31 March 2004 and may invest in companies that are listed on a New Zealand stock exchange or unlisted companies.
Contact Corporate Manager Kingfish Limited Tel +64 9 4840352