The Elstree Enhanced Income Fund’s Net Asset Value (NAV) at the close of business on 30 September 2024 was $0.8759 (Ex-distribution of $0.0145 it was $0.8614). This compares with the Fund’s NAV of a unit at the close of business on 30 August 2024 of $0.8607. The change in NAV over the period 1 September 2024 to 30 September 2024 represents a return of 1.77. This compares with the All-Ordinaries Accumulation Index return of 3.45% and the All-Maturities Bond Index return of 0.31%. Please note the “()” denotes negative return outcomes.
The Fund’s over the year net return (after fees but before adjusting for franking credits) increased to 8.59% from 8.11% previously.