3rd Apr 2007 14:41
New Star Financial Opp Fd Ltd03 April 2007 The directors of New Star Financial Opportunities Fund Limited today announcethat the unaudited Net Asset Value per Ordinary Share based on bid prices(excluding income from 1 December 2006) as at 31 March 2007 was 85.58 pence(including income it was 84.56 pence). The directors of NSF Securities Limited today announce that the unaudited NetAsset Value per Zero Dividend Preference Share as at 31 March 2007 was 159.00pence. Asset AllocationFixed Interest 15.7% Nonlife Insurance 5.1% Banks 4.1% General Financial 4.0% Investment Comapanies 1.4% Life Assurance 1.2% Real Estate 0.0% Equities 75.8% Banks 40.1% General Financial 16.6% Life Assurance 10.6% Investment Companies 3.7% Nonlife Insurance 2.7% Real Estate 2.1% Derivatives 0.2% Cash 8.4% Total 100.0% Holding Stock Value (£) % of Fund Fixed Interest 500,000 Chaucer Holdings 8.5% CULS 1,249,450 1.4% 750,000 Integrated Asset Management CULS 1,050,000 1.2% 1,000,000 DnB NOR 14.00% RCB 1,003,300 1.1% 2,000,000 Dartmoor, Pref 1,000,000 1.1% 900,000 Kensington Group 9% Bond 891,000 1.0% 800,000 Beazley 7.25% Loan Stock 798,160 0.9% 750,000 Investec Finance 7.75% Bond 781,050 0.9% 750,000 Brit Insurance 8.5% ULS 764,175 0.8% 750,000 Barclays Commodity Basket 16.30% RCB 763,050 0.8% 750,000 SPI Finance 8.75% Uns Ln Stk 752,400 0.8% 750,000 UBS 10.05% RCB 749,850 0.8% 650,000 Royal & Sun Alliance 7.375% Pref 744,250 0.8% 750,000 Provident Financial 7.125% Sub Bond 738,075 0.8%10,500,000 Rabobank 8.75% Senior Note 735,864 0.8% 750,000 Amlin 6.5% Sub Bond 721,275 0.8% Equities 340,000 Anglo Irish Bank 3,692,015 4.1% 750,000 New Star Asset Management 3,412,500 3.8% 475,000 Resolution 2,947,375 3.3% 80,000 Credit Suisse Group 2,913,404 3.2% 120,000 Commerzbank 2,700,601 3.0% 50,000 BNP Paribas 2,652,279 2.9% 250,000 HBOS 2,617,500 2.9% 350,000 DnB NOR 2,505,367 2.8% 500,000 Unicredito Italiano 2,416,098 2.7% 275,000 Aviva 2,058,375 2.3% 100,000 Royal Bank of Scotland 1,984,000 2.2% 350,000 Man Group 1,942,500 2.1% 150,000 BBVA 1,871,119 2.1% 115,000 Alpha Bank 1,832,570 2.0% 1,100,000 Old Mutual 1,805,100 2.0% 60,000 National Bank of Greece 1,639,418 1.8% 550,000 Personal Group Holdings 1,496,000 1.7% 375,000 Liontrust Asset Management 1,469,063 1.6% 65,000 ABN Amro 1,421,358 1.6% 950,000 London & Associated Properties 1,197,000 1.3% Derivatives Long 300 DJ Europe Stoxx Banks Index Sept 07 500 Put Options 205,640 Short 200 DJ Europe Stoxx Banks Index Sept 07 550 Call Options (44,114) The Company has 61,500,000 ordinary shares in issue. The Company's subsidiary,NSF Securities Ltd, has 24,675,000 zero dividend preference shares in issue. Enquiries to: Elysium Fund Management Limited No 1 Le Truchot St Peter Port Guernsey GY1 3JX This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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