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Navra Wholesale 4th quarter dividend

Discussion in 'Managed Funds & Index Funds' started by Here_To_Learn, 26th Jul, 2007.

  1. Here_To_Learn

    Here_To_Learn Well-Known Member

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    I have just finished reading the Navra Wholesale Fund Quarterly update sent to me.

    It mentions that the return for the quarter to June 30, 2007 was 5.82% net of fees. On the website however it shows 12.52% which is probably not net of fees.

    Anyone know why the big difference ? Not sure if others in either Wholesale or Retail Fund who received letters noticed this.
     
  2. Simon Hampel

    Simon Hampel Co-founder Staff Member

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    Where did you get the 12.52% return figure from ? I can't find it on the NI website.
     
  3. Jayar

    Jayar Well-Known Member

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    Sim, this figure was the Wholesale % distribution for Q4 just gone, according to the website.
    Cheers
    Jayar
     
  4. Here_To_Learn

    Here_To_Learn Well-Known Member

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    I have attached image ...
     

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  5. DaveA

    DaveA Well-Known Member

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    i think you may find that this % your talking about is off the first traded price in july in 06.... havent done the calc though
     
  6. Here_To_Learn

    Here_To_Learn Well-Known Member

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    I have been told it's the total CG since July 1, 2006 + 4th qrtr dividend payment.

    Does this make sense ? I need to check figures.