20th Jul 2015 12:51
Alternative Asset Opportunities PCC Limited (the "Company")
20 July 2015
The Board of Alternative Asset Opportunities PCC Limited (the "Company") announces that the net asset value of the US Traded Life Interests Fund at 30 June 2015 was 43.9 pence per share. This represents a decrease of 0.5 pence per share from the NAV at 31 May 2015.
It is estimated that exchange rate movements during the month had a negative impact of approximately 1.3 pence per share, while the use of updated life expectancies on certain policies had a positive impact of 1.4 pence per share. Premiums and other administration expenses cost approximately 0.6 pence per share.
The Company's borrowings as at 30 June 2015 stood at nil. Net cash amounted to US$1,764,841.
Enquiries:
Tracey Lago Company Secretary | Tel: 020 7065 1405 |
Related Shares:
TLI.L