As at the 31st of July 2011 the NAV of the Class A shares of the Pangolin Asia Fund was US$310.23 net of all fees and expenses, up 6.33% from US$291.75 in June. Please see the table at the end of this letter for further detail.
As at the 30th of June 2011 the NAV of the Class A shares of the Pangolin Asia Fund was US$291.75 net of all fees and expenses, up a 0.43% from US$290.51 in May. Please see the table at the end of this letter for further detail.
As at the 31st of May 2011 the NAV of the Class A shares of the Pangolin Asia Fund was US$290.51 net of all fees and expenses, up 2.65% from US$283.00 in April. Please see the table at the end of this letter for further detail.
As at the 29th of April 2011 the NAV of the Class A shares of the Pangolin Asia Fund was US$283.00 net of all fees and expenses, up 4.11% from US$271.83 in March. Please see the table at the end of this letter
for further detail.
As at the 31st of March 2011 the NAV of the Class A shares of the Pangolin Asia Fund was US$271.83 net of all fees and expenses, up 5.35% from US$258.03 in February. Please see the table at the end of this letter for further detail.
As at the 28th of February 2011 the NAV of the Class A shares of the Pangolin Asia Fund was US$258.03 net of all fees and expenses, down 1.46% from US$261.86 in January. Please see the table at the end of this letter for further detail.
As at the 31st of January 2011 the NAV of the Class A shares of the Pangolin Asia Fund was US$261.86 net of all fees and expenses, down 2.82% from US$269.47 in December. Please see the table at the end of this letter for further detail.
As at the 31st of December 2010 the NAV of the Class A shares of the Pangolin Asia Fund was US$269.47 net of all fees and expenses, up 3.43% from US$260.53 in November. For 2010 the fund was up 37.58%. Please see the table at the end of this letter for further detail.
As at the 30th of November 2010 (the fund’s year end), the NAV of the Class A shares of the Pangolin Asia Fund was US$260.53 net of all fees and expenses, up 0.84% from US$258.37 in October. YOY the fund is up 42.68% and YTD 33.01%. Please see the table at the end of this letter for further detail.
As at the 31st of October 2010 the NAV of the Class A shares of the Pangolin Asia Fund was US$258.37 net of all fees and expenses, up 2.01% from US$253.28 in September. The fund is up 31.91% YTD. Please see the table at the end of this letter for further detail.
