Net Asset Value - Month-end Final

RNS Number : 6655D

Highbridge Tactical Credit Fund Ltd

29 October 2020

 

29 October 2020

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 30 September 2020 (the "Valuation Point"):

Shares	NAV
Ordinary  Shares  ISIN:  GB00B13YVW48	GBP 2.3829

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

	Month on Month	Year to Date
Company NAV Performance	+1.31%	+12.23%

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  2.46%

Highbridge Tactical Credit Fund  92.03%

Highbridge Multi-Strategy Fund Corporation  5.11%

AllBlue Limited and AllBlue Leveraged Feeder Limited  0.40% 

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: [phone]

Katie Standley, J.P. Morgan Asset Management (UK)

Tel: [phone]

LEI: 213800397SYHLYFH5961

E&OE - in transmission

 

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