16th Dec 2015 12:00
Alternative Asset Opportunities PCC Limited (the "Company")
16 December 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 November 2015 was 48.8 pence per share. This represents an increase of 2.8 pence per share from the NAV at 31 October 2015.
It is estimated that exchange rate movements during the month had a positive impact of approximately 1.2 pence per share whilst other valuation changes, including the uplift to NAV from the policy maturity announced on 20 August (which has now been formally certified), had a positive impact of 2.2 pence per share. Premiums and other administration expenses cost approximately 0.6 pence per share.
The Company's borrowings as at 30 November 2015 stood at US$nil. Total cash amounted to US$8,153,785 and includes receipt of all the proceeds from the three recent maturities.
Enquiries:
Tracey Lago Company Secretary | Tel: 020 3246 7405 |
Related Shares:
TLI.L