We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Blue Capital | LSE:BCAI | London | Ordinary Share | BMG1189R1043 | ORD USD0.00001 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.7125 | 0.665 | 0.76 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMBCAI
RNS Number : 0054U
Blue Capital Alternative Income Fd
18 October 2017
Blue Capital Alternative Income Fund Limited (the "Company") (Ticker: "BCAI")
18 October 2017
Net Asset Value, September 2017
As at the close of business on 30 September 2017, the unaudited net asset value of the Company's Ordinary Shares is as follows:
Unaudited NAV 30 September September Year-to-Date 2017 Performance Performance Ordinary Shares $0.8227 (26.00%) (23.69%)
The net asset value of the Company's Ordinary Shares at 30 September 2017 reflects the impact of two major hurricanes which made landfall in September and two earthquakes in Mexico. On 10 September 2017, Hurricane Irma made initial U.S. landfall near the Florida Keys, Florida and on 20 September 2017, Hurricane Maria made landfall in Puerto Rico. Additionally, the Southern Coast of Mexico was impacted by an earthquake on 8 September 2017 while Central Mexico was impacted by an earthquake on 19 September 2017.
The estimates for the Company's incurred losses in 2017, net of reinsurance and reinstatement premiums, have driven the Company's year-to-date performance to (23.69%). The Company's loss estimates have been derived from the utilization of proprietary catastrophe modeling, standard industry models, an in-depth review of in-force contracts and initial indications from clients and brokers. The Company's actual losses may ultimately differ materially from estimated losses due to the nature of the risks assumed, the complexity of the assessment of damages and the limited number of reported claims received to date.
In accordance with the Circular of the Company dated 4 November 2016, the Company's administrator has calculated the estimated Net Asset Value per Redemption Share as at the close of business on 30 September 2017.
Unaudited NAV 30 September 2017 Redemption Shares $1.0837
For more information about the Company, including access to the Company's monthly Fact Sheets, please visit our website at www.bcai.bm.
Enquiries:
Blue Capital Management Ltd. Michael J. McGuire +1 441 278 0988 Email: investorrelations@Sompo-Intl.com Stifel Nicolaus Europe Limited +44 (0)20 7710 7600 Neil Winward Mark Bloomfield Tunga Chigovanyika
This information is provided by RNS
The company news service from the London Stock Exchange
END
NAVFFUFMAFWSEFS
(END) Dow Jones Newswires
October 18, 2017 12:23 ET (16:23 GMT)
1 Year Blue Capital Chart |
1 Month Blue Capital Chart |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions