If you are an investor with Nevsky Capital then it is perfectly natural that you should wish to understand the nature of the fund, in order to define reportable income. This is a core piece of information that is made available in a public manner, helping to keep you on top of the requirements that come your way.
If we look at the specifics here, then we begin with the Sterling Class Shares, which have an ISIN of IE00B400QV09 and a HMRC Reference of N0026-0002. As the same suggests, these shares have a currency of GBP and the declaration to 31 December 2014 shows a per unit excess reportable income over distributions in respect of the reporting period of 0.0000. All per-share figures are reported, as can be seen, to four decimal places, using the relevant currency.
The fund distribution date is recorded as 30 June 2015, while the fund is marked as remaining a reporting fund at the date when this distribution is made. The fund does not, however, meet the definition of a bond fund at the date when this report is made available.
How does this compare with other funds within the Nevsky Capital umbrella? First, let’s turn our attention here to the Euro Class Share, with an ISIN of IE00B3W1G920. Make a note of the unique HMRC Reference, which is showing as N0026-0003. The currency of this share class is Euros (EUR), while that excess reportable income is shown as 0.000 here too. You need to be aware that this fund is also a reporting fund at the date when the distribution is made, but that it does not meet the definition of a bond fund. The distribution date is declared as 30 June 2015.
Finally, we take a closer look at the US Dollar Class Shares, which have an ISIN of IE00B42ZNM31. The HMRC Reference that you’ll need here is N0026-0001, with the currency of the Class Share obviously being US dollars (USD).
Once again, the excess reportable income is recorded as 0.0000 and the distribution date is 30 June 2015.
The senior managers at Nevsky Capital, including Nick Barnes, are well known to many within the industry and beyond.