As at the 28th of April 2017 the NAV of the Class A shares of the Pangolin Asia Fund was US$436.54 net of all fees and expenses, up 0.14% from US$435.93 in March.
Please see the table at the end of this letter for further detail.
We have a lot of cash due to new subscriptions of over $20m in April. As of today, the fund is about 76% invested with the split being approximately as follows:
We don't disclose our names but some details are always available to investors on request.