RCS - Chrysalis Invs Ltd - Update from QuotedData

Chrysalis InvestmentsAnnouncement

27/07/2023 16:45

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RNS Number : 4698H  Chrysalis Investments Limited  27 July 2023

Chrysalis Investments - Update from QuotedData

27(th) July 2023

Putting growing pains behind it

There is no denying that the last 18 months have been a challenge for
Chrysalis Investments (CHRY). However, under the hood, the majority of the
portfolio assets have actually performed reasonably well given the
circumstances, especially when you consider that one company, Klarna,
contributed more than half of CHRY's total NAV adjustment during FY2022. Its
other private investments, which make up the majority of the portfolio, fell
just 5.6% during the same period.

The long-term prospects for the fund remain unchanged, with the company
investing in a range of disruptive assets that continue to benefit from the
rapidly accelerating digital transition. The performance of these companies
relies on their ability to disrupt their respective industries over years, not
months.

While short-term fluctuations in macroeconomic conditions creates challenges,
including the ability to finance growth (as investors pull money out of
sectors of the market considered to be higher risk), the business plan
execution we have seen across the majority of the portfolio over the past 12
months leaves us optimistic going forward.

Full Research:

https://quoteddata.com/research/chrysalis-investments-putting-growing-pains-qd/
(https://quoteddata.com/research/chrysalis-investments-putting-growing-pains-qd/)
 

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NB: Marten & Co was paid to produce this note on Chrysalis Investments and
it is for information purposes only. It is not intended to encourage the
reader to deal in the security or securities mentioned in this report. Please
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