In December 2022 reporting, EEA fund reported in December a Fund NAV of $ 117m and Total attributable cash of $ 54m (46% of Fund NAV). EEA reported that just $ 15m is being held for future premium payments.Just on the redemption %\u2019s<\/p>\n\n\n\n
Redemption’s<\/strong> In December 2022 reporting, EEA fund reported in December a Fund NAV of $ 117m and Total attributable cash of $ 54m (46% of Fund NAV). EEA reported that just $ 15m is being held for future premium payments.Just on the redemption %\u2019s Redemption’sWhilst we are very grateful for the redemption’s which are done at […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-81","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/eealifeinvestors.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/81","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eealifeinvestors.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eealifeinvestors.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eealifeinvestors.co.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eealifeinvestors.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=81"}],"version-history":[{"count":1,"href":"https:\/\/eealifeinvestors.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/81\/revisions"}],"predecessor-version":[{"id":82,"href":"https:\/\/eealifeinvestors.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/81\/revisions\/82"}],"wp:attachment":[{"href":"https:\/\/eealifeinvestors.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=81"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eealifeinvestors.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=81"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eealifeinvestors.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=81"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Whilst we are very grateful for the redemption’s which are done at managements discretion. They seem low.
For Run-Off<\/strong> share class holders. The redemption is of c. 13.8% of your share count \/ NAV, whilst in the Continuing <\/strong>the % of NAV wil be approximately the same, however it matters where one is in the redemption queue.
That being said the SEK class of continuing shares saw a c. 18% redemption.
The EEA fund reported in December a Fund NAV of $ 117m and Total attributable cash of $ 54m (46% of Fund NAV). EEA reported that just $ 15m is being held for future premium payments.
So $54 -$ 15 is $39m of cash, and we calculate they have distributed c. $20m for these redemption’s, what are they doing with the other $20m..
Payments are to be expected around 30 days after the dealing date ( 3th February for Continuing and 10th February for Run-Off)
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