LONDON (Alliance News) - Ashmore Global Opportunities Ltd Monday said the third quarter was challenging, with both of its share classes showing a negative performance due to mark to market price valuations of publicly traded investments and a material mark down in some of the non-quoted investments.
In an update for the period between July 1 and September 30, the closed ended investment company, whose shareholders last year voted for a policy of asset realisation and the delivery of regular, quarterly cash returns, published the following table showing returns over a number of time periods:
NAV Performance Summary
Share Class 3 Month Year To Date One Year Three Years Inception
GBP -9.00% -14.47% -25.39% -15.25% -8.53%
USD -8.59% -14.33% -25.49% -15.43% -8.36%
Returns are NAV to NAV, net of fees and include reinvestment of dividends paid.
The company's shares were Monday untraded at GBP4.2775 pence and USD4.275.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
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