Baltic Horizon Fund publishes its NAV for April 2019

World News: . []

Net asset value () of Baltic Horizon Fund (the ) unit as of end of April 2019 amounted to 1.3756 EUR per unit. Compared to previous month, NAV decreased by -1.24%. The NAV was affected positively by operating performance of properties and cash flow hedge movement during the month. The Fund earned unaudited consolidated net profit of EUR 759 thousand in April 2019. Compared to previous month, NAV decreased mainly due to capital raising event where units were issued at weighted average market price calculated for the preceding 90 day period.

Tarmo Karotam Baltic Horizon Fund manager E-mail 

The Fund is a registered contractual public closed-end real estate fund that is managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS. Both the Fund and the Management Company are supervised by the Estonian Financial Supervision Authority.

Distribution:  GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com

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Globe Newswire: 21:15 GMT Wednesday 15th May 2019

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