7 Jul 2009 07:00
7 July 2009 CRYSTAL AMBER FUND LIMITED ("Crystal Amber Fund" or the "Company") QUARTERLY NET ASSET VALUE
Crystal Amber Fund announces that its unaudited net asset value on 30 June 2009 was 114.21p per share, compared with 100.01p per share at 31 March 2009.
The Company's shares were admitted to trading on AIM on 17 June 2008 and its net asset value per share is calculated quarterly. The initial unaudited net asset value at 30 June 2008, reflecting the costs of flotation, was 95.05p per share.
William Collins, Chairman of Crystal Amber Fund, commented:
"The Company's first year has included periods of extreme turmoil and volatility in the global economy and markets. Although the Company does not attempt to track any index, the FTSE 250 Index, which includes many of the stocks we monitor, fell by 23 per cent over the period from Crystal Amber Fund's listing to 30 June 2009. Against this background, we are pleased to report a further rise in our net asset value."
"We are continuing to engage in discussion with our investee companies, in keeping with the brief set out in the admission document, as we build a focused portfolio of carefully targeted investments. No doubt there are further challenges ahead; we are confident that we will be able to meet these challenges."
For further enquiries please contact:
Crystal Amber Fund LimitedWilliam Collins (Chairman)Tel: 01481 716 000
John East & Partners Limited, a subsidiary of Merchant Securities Plc
David Worlidge/Bidhi Bhoma
Tel: 0207 628 2200
vendor