RNS Number : 5107H
  New Star Financial Opp Fd Ltd
  05 November 2008
   

    The Directors of New Star Financial Opportunities Fund Limited today announce that the unaudited Net Asset Value per Ordinary Share
based on bid prices (excluding income from 1 December 2007) as at 31 October 2008 was 33.91 pence (including income it was 34.93 pence).

    The Treasury Net Asset Value per Ordinary Share based on bid prices (excluding income from 1 December 2007) as at 31 October 2008 was
33.92 pence (including income it was 34.84 pence).

    The Company had total assets of �20.056 million and net current liabilities of �7.125 million as at 31 October 2008. 

    Largest Holdings
 Holding       Stock                              Vluae (�)              % of Fund


   120,000     HSBC Holdings                       914,400                 4.6%
   350,000     Personal Group Holdings             787,500                 3.9%
   1,000,000   Santander International             766,049                 3.8%
               3.375% Bond
   750,000     Brit Insurance 8.5% ULS             721,200                 3.6%
   750,000     Investec Finance 7.75% Bond         683,850                 3.4%
   750,000     Provident Financial 7.125%          665,925                 3.3%
               Sub Bond
   8,000       Munich Re                           653,022                 3.3%
   180,000     DnB NOR                             637,095                 3.2%
   12,750      BNP Paribas                         559,451                 2.8%
   150,000     Aviva                               552,000                 2.8%
   70,000      Banco Santander                     459,818                 2.3%
   300,000     RSA Insurance                       412,500                 2.1%
   550,000     SVG Capital 8.25% CULS              405,405                 2.0%
   300,000     Randall & Quilter                   390,000                 1.9%
   600,000     Argon 8.162% Bond                   370,980                 1.8%
   3,000       Zurich Financial Services           369,735                 1.8%
   350,000     PSource Structured Debt             343,000                 1.7%
   550,000     F&C Asset Management 6.75%          341,000                 1.7%
               Sub Bond
   750,000     Wogen                               337,500                 1.7%
   250,000     Hansard Global                      327,500                 1.6%
   450,000     Legal & General                     320,850                 1.6%
   500,000     Intesa Sanpaolo 6.625% Bond         305,721                 1.5%
   250,000     Liontrust Asset Management          292,500                 1.5%
   25,000      Axa                                 290,771                 1.4%
   350,000     Standard Chartered 8.103%           289,625                 1.4%
               Sub Bond
   500,000     Chaucer Holdings                    288,750                 1.4%
   350,000     Nordea 6.25% Sub Bond               282,520                 1.4%
   40,000      BBVA                                281,902                 1.4%
   200,000     International Personal              279,000                 1.4%
               Finance
   350,000     HBOS 9.54% Cap Funding              278,845                 1.4%

  Derivatives 

               The Company has short positions equivalent to -10.4% of total assets

    Asset Allocation
                         % of Fund

  Fixed Interest             35.3%


  Banks                      14.2%

  General Financial          10.7%

  Insurance                   5.8%

  Investment Companies        3.1%

  Real Estate                 0.0%

  Life Assurance              0.0%

  Equities                   64.7%

  Banks                      25.3%

  Insurance                  18.1%

  General Financial           8.7%

  Life Assurance              6.6%

  Investment Companies        3.6%

  Real Estate                 2.4%

    The Company has 42,369,924 Ordinary Shares in issue of which 4,236,992 are held in Treasury.

    Enquiries to:    

    Elysium Fund Management Limited
    No 1 Le Truchot
    St Peter Port
    Guernsey GY1 3JX

    www.elysiumfundman.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
PFUFSSFEISASEIF
New Star Financial Opp Fund (LSE:NST)
Historical Stock Chart
From Jan 2025 to Feb 2025 Click Here for more New Star Financial Opp Fund Charts.
New Star Financial Opp Fund (LSE:NST)
Historical Stock Chart
From Feb 2024 to Feb 2025 Click Here for more New Star Financial Opp Fund Charts.