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Crystal Amber Fund NAV recovers strongly

By BFN News | 08:07 AM | Thursday 07 March, 2013


Crystal Amber Fund's net asset value recovered strongly in the second half of 2012, delivering a 35.3% growth over the calendar year. The NAV per share stood at 120.08p at 31 December compared with 105.59p at the end of June. It said there were excellent gains across the portfolio holdings, including strong share price performances of Sutton Harbour, N Brown, Renishaw and Smith News. Chairman William Collins said: "I am pleased to report a strong rise in the fund's net asset value over the period, helped by excellent gains across the portfolio. "We have continued to engage closely with our main investee companies. Most of this engagement takes place in private but we are prepared to go public where necessary. "The response of managements and boards to our suggestions has generally been most encouraging." At 8:07am: (LON:CRS) share price was 0p at 101.5p Story provided by StockMarketWire.com

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