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 20th 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 |
$21.64 |
-0.42% |
-0.18% |
20th October 2017 |
BH Macro Ltd |
B1NP514 |
2155p |
-0.52% |
-3.97% |
20th 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: 24th October 2017