As At 31 January 2020
In January, the fund posted a return of 2.2% net of all costs and fees, while the S&P/ASX200 Accumulation Index recorded a 5.0% gain.
Pre-tax NTA per share was $1.22* as at 31 January 2020.
Post-tax NTA per share was $1.20* as at 31 January 2020.
CVF will trade ex-dividend on Wednesday 19th February paying a dividend of $0.00458 for the month.
*The Company is required to estimate the tax that may arise should the entire portfolio be disposed of on the above date and show the result per share after deducting this theoretical provision. Any such tax would generate franking credits, whose value would not be lost but rather transferred to shareholders on payment of franked dividends.