Blue Capital Alternative Income Fd Net Asset Value(s) (6786L)

TIDMBCAI

RNS Number : 6786L

Blue Capital Alternative Income Fd

20 April 2018

Blue Capital Alternative Income Fund Limited (the "Company") (Ticker: "BCAI")

20 April 2018

Net Asset Value, March 2018

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

NAVIMMATMBMTBIP

(END) Dow Jones Newswires

April 20, 2018 11:06 ET (15:06 GMT)

Blue Capital (LSE:BCAI)
Historical Stock Chart
From Apr 2024 to May 2024