Market announcement
Baltic Horizon Fund / Northern Horizon Capital AS
LEI code
5299008IKT93E4SA0G49
Size of the entity
Small undertaking
Economic activities
Financial and Insurance Activities
Industry sector(s)
Management company
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
5725
Submission date and time
18.10.2016 17:51:52
Content of announcement in Estonian
Title
Baltic Horizon Fond avaldas osaku puhasväärtuse 2016. aasta septembri seisuga
Message
Baltic Horizon Fond avaldas fondi osaku kord kuus regulaarselt määratava
puhasväärtuse 2016. aaasta septembri seisuga, mille suuruseks on 1,3619 eurot
osaku kohta. Puhasväärtus muutus võrreldes 2016. aasta. augusti puhasväärtusega
5,77% võrra. Umbes 4,92% suurune tõus puhasväärtuses oli põhjustatud vara
väärtuse suurenemisest. Umbes 0,85% tõus puhasväärtuses tulenes ärikasumist.
Baltic Horizon Fondi vara hindamine peab toimuma vähemalt kord aastas ning
tavaliselt on fond hinnanud portfelli väärtust neljanda kvartali lõpus. Kuna
Baltic Horizon Fond planeerib täiendavat avalikku pakkumist, siis otsustas
fondivalitseja (Northern Horizon Capital AS) näidata portfelli õiglast ja
viimast väärtust juba kolmandas kvartalis. Hindamise viisid läbi sõltumatud
hindajad Colliers International ning DTZ Kinnisvaraekspert.
Lisaks kord kuus avaldatavale osaku puhasväärtusele avaldab Baltic Horizon
hiljemalt 31. oktoobril 2016 kolmanda kvartali aruande.
Baltic Horizon Fond on registreeritud avalik kinnine investeerimisfond ja
Baltic Horizon Fondi osakutega alustati Nasdaq Balti fondinimekirjas kauplemist
6. juulil 2016. Fondi börsitähis (ticker) on NHCBHFFT.
Tarmo Karotam
Baltic Horizon Fund fondijuht
E-mail: [email protected]
Content of announcement in English
Title
Baltic Horizon Fund published its NAV for September 2016
Message
Baltic Horizon Fund published its regular monthly NAV (net asset value) of fund
unit for September 2016 which amounted to 1,3619 EUR per unit. NAV change as
compared to previous month of August is 5,77%. Approx. 4,92% of monthly NAV
increase is due to increase in property values. Approx. 0,85% of monthly NAV
increase is from operational profit.
Appraisal of property must be done at least once a year and normally Baltic
Horizon Fund portfolio valuation is done at the end of Q4. However, in the
context of Baltic Horizon Fund planning its secondary public offering the
management company (Northern Horizon Capital AS) has decided to reflect fair
and recent values of the portfolio already in Q3 2016. Valuations were carried
out by an independent appraiser Colliers International and DTZ
Kinnisvaraekspert.
Following monthly NAV announcement Baltic Horizon will publish its full Q3 2016
financial report no later than on 31 October 2016.
Baltic Horizon Fund is a registered public closed-end real estate fund and
Baltic Horizon units began trading on the Nasdaq Baltic Fund list on July 6,
2016. The company's stock symbol (ticker) is NHCBHFFT.
Tarmo Karotam?
Baltic Horizon Fund manager
?Email: [email protected]