As at the 31st of July 2017 the NAV of the Class A shares of the Pangolin Asia Fund was US$455.76 net of all fees and expenses, up 0.96% from US$451.43 in June.

As at the 30th of June 2017 the NAV of the Class A shares of the Pangolin Asia Fund was US$451.43 net of all fees and expenses, up 1.18% from US$446.18 in May.

As at the 31st of May 2017 the NAV of the Class A shares of the Pangolin Asia Fund was US$446.18 net of all fees and expenses, up 2.21% from US$436.54 in April.

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.

A Glass Half-Empty Perspective

The HMRC has accepted Pangolin Asia Fund into the Reporting Fund regime with effect from 1 December 2013 for UK tax purposes. Investors who are subjected to UK taxation will be required to use the report available in this notice to calculate the amount of income that you will need to include in your tax return.

As at the 31st of March 2017 the NAV of the Class A shares of the Pangolin Asia Fund was US$435.93 net of all fees and expenses, up 5.6% from US$412.81 in February.

Jeremy Figgins, one of the Directors of Pangolin Investment Management Limited wrote a book - King of Coal: A Tale of Corruption, Murder, & Ambition

As at the 28th of February 2017 the NAV of the Class A shares of the Pangolin Asia Fund was US$412.81 net of all fees and expenses, up 3.18% from US$400.08 in January.

Is Bank Negara to blame for the ringgit?