As at the 31st of December 2019 the NAV of the Class A shares of the Pangolin Asia Fund was US$493.85 net of all fees and expenses, up 3.35% from US$477.85 in November. For the full year, the fund was up 10.21%.
Please see the table at the end of this letter for further detail.
As of today, the fund is about 90% invested, with the split being approximately as follows:
We don't disclose our names but some details are always available to investors on request.