As At 30 September 2020
In September, the fund posted a return of 0.31% net of all costs and fees, while the S&P/ASX200 Accumulation Index declined by (3.7).
Pre-tax NTA per share stood at $0.96* as at 30 September 2020.
Post-tax NTA per share stood at $0.98 as at 30 September 2020.
*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.