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15 Nov 2017 14:58
UK Mortgages Ltd - Net Asset Value(s)UK Mortgages Ltd - Net Asset Value(s)
PR Newswire
London, November 15
UK MORTGAGES LIMITED(a closed-ended investment company incorporated in Guernsey with registration number 60440 )LEI 549300388LT7VTHCIT59
Final Net Asset Value
| FUND NAME | NAV | ISIN | NAV DATE |
| UK Mortgages Limited | £0.8845 | GG00BXDZMK63 | 30th September 2017 |
UKML RNS: Commentary accompanying UK Mortgages Limited September 2017 NAV
The UKML NAV per share was calculated for September month end at 88.45 pence per share.
Much of the increase in the NAV is derived from the steepening and rise in the short end of the yield curve during September, reflecting the expectation at the month end of both imminent and future increases in UK base rates (the benchmark for the vast majority of loans in the Oat Hill No.1 portfolio). The impact of this combined with the more regular ongoing pull to par effect to contribute to the increase in the NAV.
More details on the portfolio and pipeline will be provided in the fund’s factsheet to be published shortly.
Enquiries:
Northern Trust International Fund Administration Services (Guernsey) Limited
Andrew Bonham 44 (0)1481 745302
Date: 15 November 2017
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