As at the 31st of October 2014 the NAV of the Class A shares of the Pangolin Asia Fund was US$408.97 net of all fees and expenses, down 1.06% from US$413.36 in September. Please see the table at the end of this letter for further detail.
As at the 30th of September 2014 the NAV of the Class A shares of the Pangolin Asia Fund was US$413.36 net of all fees and expenses, down 2.93% from US$425.85 in August. Please see the table at the end of this letter for further detail.
As at the 31st of August 2014 the NAV of the Class A shares of the Pangolin Asia Fund was US$425.85 net of all fees and expenses, down 2.41% from US$436.67 in July. Please see the table at the end of this letter for further detail.
As at the 31st of July 2014 the NAV of the Class A shares of the Pangolin Asia Fund was US$436.67 net of all fees and expenses, up a negligible 2.96% from US$423.84 in June. Please see the table at the end of this letter for further detail.
As at the 30th of June 2014 the NAV of the Class A shares of the Pangolin Asia Fund was US$423.84 net of all fees and expenses, up a negligible 0.11% from US$423.38 in May. Please see the table at the end of this letter for further detail.
As at the 31st of May 2014 the NAV of the Class A shares of the Pangolin Asia Fund was US$423.38 net of all fees and expenses, up 3.04% from US$410.89 in April. Please see the table at the end of this letter for further detail.
As at the 30th of April 2014 the NAV of the Class A shares of the Pangolin Asia Fund was US$410.89 net of all fees and expenses, up 3.03% from US$398.79 in March. Please see the table at the end of this letter for further detail.
As at the 31st of March 2014 the NAV of the Class A shares of the Pangolin Asia Fund was US$398.79 net of all fees and expenses, up 2.71% from US$388.25 in February. Please see the table at the end of this letter for further detail.
As at the 28th of February 2014 the NAV of the Class A shares of the Pangolin Asia Fund was US$388.25 net of all fees and expenses, up 4.91% from US$370.08 in January. Please see the table at the end of this letter for further detail.
As at the 31st of January 2014 the NAV of the Class A shares of the Pangolin Asia Fund was US$370.08 net of all fees and expenses, down 2.16% from US$378.24 in December. Please see the table at the end of this letter for further detail.
