As at the 31st of December 2011 the NAV of the Class A shares of the Pangolin Asia Fund was US$271.75 net of all fees and expenses, up 0.67% from US$269.95 in November. For 2011 the fund was up 0.85%. Not great but it might have been worse. Please see the table at the end of this letter for further detail.
As of today, the fund is just about 92% invested with the split being approximately as follows:
No names I’m afraid but details of the individual holdings are always available to investors on request.