Investor relations
The portfolio.
In perspective.
Dated NAV information and authorised portfolio disclosures, with the context needed to interpret them.
Investment updates & NAV
Awaiting the first public release
Each publication will identify its reporting period, valuation date, currency and calculation basis. No illustrative holdings, returns or NAV figures are shown.
2026
- JanuaryNo release
- FebruaryNo release
- MarchNo release
- AprilNo release
- MayNo release
- JuneNo release
- JulyNo release
- AugustNo release
- SeptemberNo release
- OctoberNo release
- NovemberNo release
- DecemberNo release
Different measures, different meanings
NAV reflects assets less liabilities on a stated valuation basis. A market price reflects transactions between buyers and sellers and may stand above or below NAV. Portfolio return, NAV return and share-price return are distinct measures.
Read performance in context
Each performance presentation should identify the period, currency, valuation basis, fees, dividend treatment and calculation method. Corrections should retain a clear version history.
Disclaimer: No performance history or GIPS-compliance claim is made.