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Matrix New Europe Fund

Accounting period ended 15 June 2011 - Information reported to Shareholders

The Sub-Funds and Share Classes of the Company set out below have been approved as “Reporting Funds” by HM Revenue & Customs under the provisions of The Offshore Funds (Tax) Regulations 2009 (the “Regulations”). This webpage constitutes the report to Shareholders for the purposes of the Regulations in respect of accounts period ended 15 Jun 2011.

Matrix Alternative Asset Management LLP confirm that the above share classes remain reporting funds under The Offshore Funds (Tax) Regulations 2009 as at the date of this report.

Sub-Fund

Share Class

ISIN

Amount distributed in period per unit

Excess of reportable income over distribution per share

Fund distribution date

Matrix New Europe Fund Limited

GBP Distributor Class

KYG589051377

0

0

15 Dec 2011