REG - Highbridge Tactical - Net Asset Value - Month End Final

Highbridge Tactical Credit FundAnnouncement

06/05/2021 16:50

RNS Number : 8355X
  
Highbridge Tactical Credit Fund Ltd
  
06 May 2021
  
 

6 May 2021
 
HIGHBRIDGE TACTICAL CREDIT FUND LIMITED
(the "Company")
Monthly Final Net Asset Value
The Company announces the unaudited net asset value ("NAV") of an Ordinary Share (a "Share") in the capital of the Company as at 31 March 2021 (the "Valuation Point"):
 




Shares


NAV




Ordinary  Shares                    
ISIN: GG00BMXD8491 


GBP 2.6986




 
The Company also announces cumulative performance as at the Valuation Point:
 




 


Month on Month


Year to Date




Company NAV Performance


-0.60%


+7.03%




 
At the request of shareholders and the Board, the Administrator has prepared the below table providing further information about the approximate asset exposure of the Company:
 
 
Cash                                                                                                    35.75%
Highbridge Tactical Credit Fund                                                     61.97%
Highbridge Multi-Strategy Fund Corporation                              1.82%
AllBlue Limited and AllBlue Leveraged Feeder Limited              0.46% 
 
 
The above estimated NAV of Shares and associated performance data have been calculated using information which, whilst being received from a reliable source, is itself estimated.  This estimated NAV and the performance data are indicative only.
 
The liquidators of AllBlue Limited ("AB") and AllBlue Leveraged Feeder Limited ("ABL") have informed the Company that they will no longer provide net asset values for AB and ABL, save for the audited financial statements as at 31 July 2018. The audited financial statements as at 31 July 2018 of AB and ABL have been used to prepare this valuation, net of any subsequent distributions from AB and ABL received by the Company. 
Investors should be aware that the amount payable on a return of capital, whether on a winding-up of the Company or otherwise, may differ materially from this valuation.
Enquiries: 
 
Praxis Fund Services Limited 
Company Secretary 
 
Tel: +44 (0) 1481 737 600 
 
 
Katie Standley, J.P. Morgan Asset Management (UK)
Tel: 0207 134 6220
LEI: 213800397SYHLYFH5961
E&OE - in transmission
 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
NAVDKABQPBKDQPK