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Wednesday, August 10, 2022

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Reinet Investments continues to build investment returns

Published Jul 27, 2022

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Reinet Investments Manager SA’s board said net asset value per share slipped marginally to €31.38 (R537.63) in the quarter to June 30, from €31.99 at March 31, but it was up from €27.97 as at June 30, 2021.

The investment group that is listed in Luxembourg, Amsterdam and on the JSE said net asset value of €5 705 million at June 30 reflected a compound growth rate of 9.3 percent per annum in euro terms, since March 2009, including dividends paid.

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Net asset value at June 30, 2022 reflected a decrease of 3.1 percent from €5.89 billion at March 31, 2021

Commitments totalling €40m for new and existing investments were made during the quarter, with a total of €36m funded.

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