UK MORTGAGES LIMITED
(a closed-ended investment company incorporated in Guernsey with registration number 60440 )
Final Net Asset Value
|FUND NAME||NAV||ISIN||NAV DATE|
|UK Mortgages Limited||£0.8785||GG00BXDZMK63||31st August 2017|
UKML RNS: Commentary accompanying UK Mortgages Limited August 2017 NAV
The UKML NAV per share was calculated for August month end at 87.85 pence per share.
The modest increase in the NAV was slightly below expectations driven mostly by a steepening yield curve and lower prepayments suppressing the amortised cost valuation on the Oat Hill No.1 Plc portfolio this month.
More details on the portfolio and pipeline will be provided in the fund’s factsheet to be published shortly.
Northern Trust International Fund Administration Services (Guernsey) Limited
Andrew Bonham 44 (0)1481 745302
Date: 13 October 2017