2nd May 2007 11:49
New Star Financial Opp Fd Ltd02 May 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 30 April 2007 was 89.19 pence(including income it was 88.78 pence). The directors of NSF Securities Limited today announce that the unaudited NetAsset Value per Zero Dividend Preference Share as at 30 April 2007 was 160.08pence. Asset Allocation Fixed Interest 14.5% Nonlife Insurance 5.0% General Financial 3.9% Banks 3.2% Investment Companies 1.3% Life Assurance 1.2% Real Estate 0.0% Equities 73.7% Banks 38.2% General Financial 15.6% Life Assurance 10.3% Investment Companies 3.6% Real Estate 3.3% Nonlife Insurance 2.8% Cash 11.7% Total 100.0% Largest holdings Holding Stock Value (£) % of Fund Fixed Interest 500,000 Chaucer Holdings 8.5% CULS 1,285,900 1.4% 750,000 Integrated Asset Management CULS 1,087,500 1.2% 1,000,000 DnB NOR 14.00% RCB 1,008,200 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 797,920 0.9% 750,000 Investec Finance 7.75% Bond 778,725 0.8% 750,000 UBS 10.05% RCB 772,725 0.8% 750,000 Barclays Commodity Basket 16.30% RCB 767,700 0.8% 750,000 Brit Insurance 8.5% ULS 758,850 0.8% 750,000 SPI Finance 8.75% Uns Ln Stk 750,600 0.8% 650,000 Royal & Sun Alliance 7.375% Pref 741,000 0.8% 750,000 Provident Financial 7.125% Sub Bond 736,950 0.8% 750,000 Amlin 6.5% Sub Bond 719,400 0.8% 200,000 Bradford & Bingley 13% Loan Stk 404,000 0.4% Equities 340,000 Anglo Irish Bank 3,844,679 4.1% 750,000 New Star Asset Management 3,451,875 3.7% 80,000 Credit Suisse Group 3,162,540 3.4% 475,000 Resolution 3,080,375 3.3% 120,000 Commerzbank 3,012,796 3.2% 50,000 BNP Paribas 2,922,510 3.1% 550,000 Unicredito Italiano 2,846,931 3.0% 325,000 Aviva 2,569,125 2.7% 350,000 DnB NOR 2,516,017 2.7% 225,000 HBOS 2,436,750 2.6% 170,000 BBVA 2,047,634 2.2% 350,000 Man Group 1,977,500 2.1% 100,000 Royal Bank of Scotland 1,930,000 2.1% 115,000 Alpha Bank 1,805,030 1.9% 550,000 Personal Group Holdings 1,688,500 1.8% 375,000 Liontrust Asset Management 1,500,000 1.6% 750,000 Old Mutual 1,343,250 1.4% 140,000 Banca Popolare Italiana 1,174,190 1.3% 40,000 National Bank of Greece 1,126,830 1.2% 45,000 ABN Amro 1,103,388 1.2% Derivatives Long 300 DJ Europe Stoxx Banks Index Sept 07 500 Put Options 112,601 Short 200 DJ Europe Stoxx Banks Index Sept 07 550 Call Options -82,574 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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