2nd Mar 2007 13:20
New Star Financial Opp Fd Ltd02 March 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 28 February 2007 was 85.40 pence(including income it was 84.67 pence). The directors of NSF Securities Limited today announce that the unaudited NetAsset Value per Zero Dividend Preference Share as at 28 February 2007 was 157.88pence. Please find below the full portfolio as at 28 February 2007 which is in excessof the requirement stated in UKLA Listing Rule 15.4.11. Holding Stock Value (£) % of Fund Fixed Interest 500,000 Chaucer Holdings 8.5% CULS 1,268,050 1.4% 750,000 Integrated Asset Management CULS 1,050,000 1.2% 2,000,000 Dartmoor, Pref 1,000,000 1.1% 1,000,000 DnB NOR 14.00% RCB 992,600 1.1% 900,000 Kensington Group 9% Bond 891,000 1.0% 800,000 Beazley 7.25% Loan Stock 813,600 0.9% 750,000 Investec Finance 7.75% Bond 785,250 0.9% 750,000 Brit Insurance 8.5% ULS 777,075 0.9% 650,000 Royal & Sun Alliance 7.375% Pref 763,750 0.8% 750,000 SPI Finance 8.75% Uns Ln Stk 753,675 0.8% 750,000 UBS 10.05% RCB 752,475 0.8% 750,000 Barclays Commodity Basket 16.30% RCB 746,925 0.8% 10,500,000 Rabobank 8.75% Senior Note 738,043 0.8% 750,000 Amlin 6.5% Sub Bond 737,925 0.8% 750,000 Provident Financial 7.125% Sub Bond 737,400 0.8% 200,000 Bradford & Bingley 13% Loan Stk 429,404 0.5% 250,000 Aviva 8.75% Pref 355,000 0.4% 250,000 Ecclesiastical Ins Off 8 5/8% Pref 339,375 0.4% 399,000 Witan Inv Co 3.4% Pref 241,515 0.3% 268,747 Private Commercial Finance 8% CULS 2013 134,374 0.1% Equities 340,000 Anglo Irish Bank 3,678,339 4.0% 750,000 New Star Asset Management 3,376,875 3.7% 80,000 Credit Suisse Group 2,824,611 3.1% 250,000 HBOS 2,702,500 3.0% 50,000 BNP Paribas 2,660,173 2.9% 120,000 Commerzbank 2,522,867 2.8% 400,000 Resolution 2,512,000 2.8% 350,000 DnB NOR 2,413,001 2.7% 500,000 Unicredito Italiano 2,362,576 2.6% 275,000 Aviva 2,249,500 2.5% 400,000 Man Group 2,196,000 2.4% 100,000 Royal Bank of Scotland 2,009,000 2.2% 1,100,000 Old Mutual 1,938,750 2.1% 115,000 Alpha Bank 1,905,362 2.1% 150,000 BBVA 1,862,425 2.0% 60,000 National Bank of Greece 1,588,622 1.7% 575,000 Personal Group Holdings 1,552,500 1.7% 375,000 Liontrust Asset Management 1,516,875 1.7% 150,000 HSBC Holdings 1,336,500 1.5% 950,000 London & Associated Properties 1,254,000 1.4% 700,000 Legal & General 1,095,500 1.2% 140,000 Banca Popolare Italiana 1,077,685 1.2% 75,000 Irish Life & Permanent 1,076,809 1.2% 12,500 Societe Generale 1,072,933 1.2% 60,000 Bank of Piraeus 1,051,532 1.2% 15,000 Deutsche Bank 1,011,088 1.1% 1,500,000 European Equity Tranche 975,000 1.1% 200,000 Catlin Group 950,000 1.0% 150,000 Investec 924,000 1.0% 275,000 Davenham 907,500 1.0% 200,000 Bradford & Bingley 876,000 1.0% 125,000 Sparebanken Midt-Norge 851,403 0.9% 75,000 Hellenic Exchanges 840,214 0.9% 300,000 Acta Holdings 834,790 0.9% 350,000 CapMan Oyj 785,616 0.9% 1,000,000 Rutley European Property Fund 720,000 0.8% 150,000 ICAP 706,500 0.8% 9,450 Eurazeo 706,099 0.8% 625,000 THB Group 668,750 0.7% 45,000 Standard Chartered 642,600 0.7% 175,000 Hansard Global 605,938 0.7% 275,000 Vantis 580,250 0.6% 500,000 Renewable Energy Generation 580,000 0.6% 30,000 Blue Planet Growth & Income Wts 534,000 0.6% 750,000 Charlemagne Capital 510,000 0.6% 500,000 Chaucer Holdings 493,750 0.5% 101,500 North American Banks Fund 492,275 0.5% 60,000 Bank of Cyprus 473,998 0.5% 200,000 Premier Asset Management 460,000 0.5% 500,000 Wogen 440,000 0.5% 100,000 Prodesse Investment 435,000 0.5% 30,000 Investcorp 401,837 0.4% 600,000 TSI 300,000 0.3% 391,552 Rutland Trust 248,636 0.3% 195,000 ABG Sundall Collier 212,996 0.2% 140,000 EPIC Reconstruction 95,200 0.1% 225,000 Private & Commercial Finance 49,500 0.1% Derivatives Long 200 DJ Europe Stoxx Banks Index Sept 07 500 Put Options 150,315 0.2% Short 200 DJ Europe Stoxx Banks Index Sept 07 550 Call Options -33,029 0.0% Asset Allocation Fixed Interest 15.7% Nonlife Insurance 5.2% Banks 4.0% General Financial 4.0% Investment Companies 1.4% Life Assurance 1.2% Real Estate 0.0% Equities 76.1% Banks 38.4% General Financial 17.1% Life Assurance 10.4% Nonlife Insurance 4.0% Investment Companies 3.9% Real Estate 2.2% Cash 8.2% Total 100.0% 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:
NSF.L