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Blue Capital Alternative Income Fund Limited - Net Asset Value March 2018
Hamilton, Bermuda – 20 April 2018 – In a filing with the Bermuda Stock Exchange (“BSX”), Blue Capital Alternative Income Fund Limited (the "Company", Ticker: BCAI.BH) announced its a Net Asset Value for March 2018. The full filing stated:
As at the close of business on 31 March 2018, the unaudited net asset value of the Company's Ordinary Shares is as follows:
Unaudited NAV March Year-to-Date
31 March 2018 Performance Performance
Ordinary Shares $0.7365 -2.62% -2.20%
The Company’s Ordinary Share performance in the month of March reflects an increase in estimated losses from Hurricane Irma, which made landfall in Florida in September 2017. The reinsurance treaties underlying the Company’s investments have been subject to increased reported ultimate losses which are broadly in line with published changes in industry loss estimates.
For more information about the Company, including access to the Company’s monthly Fact Sheets, please visit our website at www.bcai.bm.
Enquiries:
Blue Capital Management Ltd.
Michael J. McGuire +1 441 278 0988
Email: investorrelations@Sompo-Intl.com
Stifel Nicolaus Europe Limited +44 (0)20 7710 7600
Neil Winward
Mark Bloomfield
Tunga Chigovanyika