Net Asset Value(s)

City Merchants High Yield Trust Limited (CMHY)                
                                                               
As at close of business on 18-March-2020                      
                                                               
NAV per Ordinary share (unaudited) with Debt at Par & Fair    
Value                                                          
                                                               
EXCLUDING undistributed current year            161.34p        
revenue                                                        
                                                               
INCLUDING current year                          163.27p        
revenue                                                        
                                                               
LEI: 549300JLX6ELWUZXCX14                                      
                                                               
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