Periodic Statements

4 November 2014

We have recently issued periodic statements for the period ending 30 June 2014. This has generated several queries from unit holders regarding the terminology used therein and we wish to clarify two of these terms.

Unit Price: The current unit price is the Net Asset Value (NAV) (i.e. the total valuation of all remaining assets less liabilities and expenses) of the Fund as at 30 June 2014 divided by the number of units issued.

Termination Value: This amount is determined by multiplying the current unit price by the number of units held, which equals the total value of your units as at 30 June 2014. As the Fund is illiquid and in the process of winding up, there is no active redemption facility available.

Balmain Trilogy is in the process of selling down the Fund’s remaining underlying assets in order to return net proceeds to unit holders via a return of capital payment. Further updates will be published on this website as they become available.

In the meantime, should you have enquiries, please call Balmain Trilogy Client Services on 1800 194 500 or email contact@balmaintrilogy.com.au