CAIAC International Ltd. Trust House, 112 Bonadie Street, P.O.Box 613, Kingstown, St. Vincent and the Grenadines

Transcription

1 Pluto Fund Limited Business report CAIAC International Ltd. Trust House, 112 Bonadie Street, P.O.Box 613, Kingstown, St. Vincent and the Grenadines Postal address: CAIAC International Ltd., Unit 10329, PO Box 6945, London W1A 6 US, Great Britain info@caiac.vc tel fax

2 General Information Organisation * ISIN Valor Registered Agent Administrator and Transfer Agent European Mailing Address Investment Manager Custodian & Banker Auditors VCP7924J1096 Class VCP7924J Class St. Vincent Trust Service Limited Trust House 112 Bonadie Street P.O.Box 613 Kingstown, St. Vincent and the Grenadines CAIAC International Ltd. Trust House, 112 Bonadie Street P.O.Box 613 Kingstown, Saint Vincent and the Grenadines CAIAC International Ltd., Unit 10329, PO Box 6945, London W1A 6 US, Great Britain Pluto Fund Management Ltd. P.O.Box Bonadie Street Kingstown, Saint Vincent and the Grenadines Banque Havilland (Liechtenstein) AG Austrasse 61 FL-9490 Vaduz ReviTrust Grant Thornton AG Bahnhofstrasse 15 FL-9494 Schaan * For further information please see the Offering Memorandum on Seite 1

3 Balance Sheet as at Bank Deposits Short Term Deposit 2'398' '398' Time deposit 0.00 Securities 3'417' Real estate 0.00 Financial derivative -12' (Precious-) Metals 0.00 Other assets 23' Interest/Dividends 0.00 Total assets 5'826' Liabilities -53' from banks -9' Loan 0.00 Custodian fee -3' Administration fee -5' Asset management fee -29' Performance fee -5' Audit costs 0.00 Net asset value 5'772' Class 2'637' '135' Number of units in circulation Class 17' ' Net asset value per unit Class USD Seite 2

4 Profit and loss statement Interest of bonds 0.00 Income of securities 59' Bond, convertible bonds, bonds with warrants Shares and other equity securties, including income bonus shares 58' Shares of other investment companies 0.00 Other income Purchase of current income on issue of units -163' Total income - '. Interest of debit balances -2' Statutory remuneration to auditor -5' Statutory remuneration to administration & asset manager -236' Statutory remuneration to custodian bank -16'175.8 Other expenses 3'. Marketing fees 0.00 Distribution of current income on redemption of units 92' Total expenses -1 '. Net income -268' Realised capital gains and capital losses 475' Realised Profit / Loss 206' Non-realised capital gains and capital losses -499' Total profit / loss -293' Change of net assets Net assets at the beginning of reporting period Balance from unit dealings Total profit / loss Net assets at the end of reporting period 9'569' '504' ' '772' Number of units in circulation Class Number of units at beginning of reporting period 59' Units issued 11' Units redeemed -53' Number of units at end of reporting period 17' Number of units at beginning of reporting period 2' Units issued 27' Units redeemed Number of units at end of reporting period 28' Seite 3

5 3-Year Comparison Date Net asset Number of units Net asset value Performance Class '407' ' % '290' ' % '637' ' % ' USD 6' USD * 3.49% ' USD 2' USD 16.63% '764' USD 28' USD 8.16% * the shown performance is for a period of less than a year. The historical performance is no indication for current or future performance. The performance data do not take into consideration the commission and fees charged on emission and redemption of the units. Exchange rates per Pound Sterling GBP Swiss Franc CHF US Dollar USD Seite 4

6 Information on issues of particular economic or legal significance Valuation date The business report as at is based on the last NAV of the reporting period. This was calculated as at Announcement to the investors dated The Investors were informed with regard to the change of directors and the wording of the prospectus. Seite 5

7 Report of the auditors to the Directors of Pluto Fund Limited, St. Vincent & the Grenadines ReviTrust Grant Thornton AG Bahnhofstrasse 15 P.O. Box 663 FL-9494 Schaan T F We have audited the accounting records and the annual report of Pluto Fund Limited for the year ended December 31, The annual report is the responsibility of the Directors. Our responsibility is to express an opinion on the annual report based on our audit. We confirm that we meet the legal requirements concerning professional qualification and independence. Our audit was conducted in accordance with auditing standards promulgated by the profession, which require that an audit must be planned and performed to obtain reasonable assurance about whether the annual report is free from material misstatement. We have examined on a test basis evidence supporting the amounts and disclosures in the annual report. We have also assessed the accounting principles used, significant estimates made and the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the investments, the statement of net assets and profit & loss accounts, the calculation of the net asset value and the allocation of the profit comply with the prospectus; the information regarding the issue, repurchase and the total number of units in circulation is complete and correct; the information regarding custodians, investment and other advisors and important economic or legal information is disclosed in the annual report. We explicitly draw your attention to the fact, that compliance with the law of St. Vincent & the Grenadines was no subject of our audit. Emphasis of Matter We draw attention to Note Valuation of private equity investment ( / 18.44% NAV) to the annual report which describes the significant uncertainty related to the valuation of a private equity investment. Our opinion is not qualified in respect of this matter. Schaan, April 16th, 2018 ReviTrust Grant Thornton AG Egon Hutter Certified accountant/ auditor in charge ppa Mathias Eggenberger Certified accountant Zürich Schaan Genève Buchs Member of Grant Thornton International Ltd HR-Nr. FL MWST-Nr /1