BH Macro Limited Net Asset Value(s)

 
TIDMBHMG TIDMBHME TIDMBHMU 
 
BH MACRO LIMITED (the "Company") 
 (a closed-ended investment company incorporated in Guernsey with registration 
                                 number 46235) 
 
 
 
Announcement of Weekly Estimated Net Asset Values 
 
As at the close of business on 21st April 2017 the estimated Net Asset Values 
of each class of the Company's shares are as follows: 
 
Fund Name      Sedol      NAV        MTD           YTD           NAV Date 
                                     Performance   Performance 
 
BH Macro Ltd   B1NPGV1    $22.28       5.33%         2.76%       21st April 2017 
 
BH Macro Ltd   B1NP514     2227p       1.95%        -0.77%       21st April 2017 
 
BH Macro Ltd   B1NPGZ5    EUR21.66       1.95%        -0.95%       21st April 2017 
 
The Net Asset Value figures in this announcement are an estimate, and are based 
on unaudited estimated valuations. The final month-end Net Asset Value may be 
materially different from these estimated weekly values, and should only be 
taken as indicative values which have been provided for information only and no 
reliance should be placed on them.  Estimated results, performance or 
achievements may differ materially from any actual results, performance or 
achievements.  Except as required by applicable law, the Company expressly 
disclaims any obligations to update or revise such estimates to reflect any 
change in expectations, new information, subsequent events or otherwise. 
 
This document is for information purposes only and is not an offer to invest. 
All investments are subject to risk.  Past performance is no guarantee of 
future returns.  Prospective investors are advised to seek expert legal, 
financial, tax and other professional advice before making any investment 
decisions. 
 
The MTD  performance  figures are  calculated  by reference  to  the  previous 
estimated month end  NAV or, if  published, the previous  month end  confirmed 
NAV. The YTD performance figures are calculated by reference to the NAV at the 
end of the last calendar year.  MTD and YTD performance figures are based on 
the NAV per share calculated to four decimal places. 
 
The estimated net asset values contained in this announcement have been 
prepared on the basis that shares that have been successfully tendered pursuant 
to the tender offer for certain of the Company's shares launched in January 
2017 have been redeemed at prices calculated by reference to the published 
estimated net assets values for each class of the Company's shares for 31 March 
2017 and that the Company has paid the costs associated with the tender offer. 
The uplift created for remaining shareholders as a result of the tender offer 
has been applied to the relevant class of shares.  The uplift for the USD share 
class exceeds that for the GBP and EUR share classes as the percentage of USD 
shares validly tendered was greater than the percentage of shares of the GBP 
and EUR share classes validly tendered.  Shareholders should note, however, 
that those shares will only be redeemed by the Company following publication of 
the final March 2017 month end net asset values, which is expected to occur 
later this month. 
 
Enquiries: 
 
[e-mail] 
 
Date: 25th April 2017 
 
 
 
END 
 

(END) Dow Jones Newswires

April 25, 2017 13:15 ET (17:15 GMT)