BH MACRO LIMITED
(the “Company”)
(a closed-ended
investment company incorporated in Guernsey with registration
number 46235)
LEI:
549300ZOFF0Z2CM87C29
Announcement of Weekly Estimated Net
Asset Values
As at the close of business on 13th October 2017
the estimated Net Asset Values of each class of the Company’s
shares are as follows:
Fund Name |
Sedol |
NAV |
MTD Performance |
YTD Performance |
NAV Date |
BH Macro Ltd |
B1NPGV1 |
$21.60 |
-0.61% |
-0.38% |
13th October
2017 |
BH Macro Ltd |
B1NP514 |
2152p |
-0.67% |
-4.13% |
13th October
2017 |
The Net Asset Value figures in this announcement are an
estimate, and are based on unaudited estimated valuations. The
final month-end Net Asset Value may be materially different from
these estimated weekly values, and should only be taken as
indicative values which have been provided for information only and
no reliance should be placed on them. Estimated results,
performance or achievements may differ materially from any actual
results, performance or achievements. Except as required
by applicable law, the Company expressly disclaims any obligations
to update or revise such estimates to reflect any change in
expectations, new information, subsequent events or otherwise.
This document is for information purposes only and is not an
offer to invest. All investments are subject to
risk. Past performance is no guarantee of future
returns. Prospective investors are advised to seek
expert legal, financial, tax and other professional advice before
making any investment decisions.
The MTD performance figures
are calculated by
reference to the previous
estimated month end NAV or, if published, the
previous month end confirmed NAV. The YTD
performance figures are calculated by reference to the NAV at the
end of the last calendar year. MTD and YTD performance
figures are based on the NAV per share calculated to four decimal
places.
The estimated net asset values contained in this announcement
have been prepared on the basis that shares that have been
successfully tendered pursuant to the tender offer for certain of
the Company’s shares launched in January
2017 have been redeemed at prices calculated by reference to
the published estimated net assets values for each class of the
Company’s shares for 31 March 2017
and that the Company has paid the costs associated with the tender
offer. The uplift created for remaining shareholders as a
result of the tender offer has been applied to the relevant class
of shares. The uplift for the USD share class exceeds that
for the GBP and EUR share classes as the percentage of USD shares
validly tendered was greater than the percentage of shares of the
GBP and EUR share classes validly tendered. Shareholders
should note, however, that those shares will only be redeemed by
the Company following publication of the final March 2017 month end net asset values, which is
expected to occur later this month.
Enquiries:
bhfa@ntrs.com
Date: 17th October
2017