Ravensource Fund says H1 2026 NAV rises 4.34% on gains in Gold Reserve, Crystallex holdings
Reuters2026/08/17 14:19- For the first half of 2026, net assets rose 4.34% to $22.2 million as NAV per unit increased $0.71 to $17.16.
- Gains were driven mainly by Gold Reserve, sold during the period, alongside Crystallex International.
- Algoma Steel Group and Logan Energy weighed on results, reflecting the impact of a concentrated portfolio.
- Purchases totaled $0.7 million, including a new Logan Energy position; sales reached $2 million following the Gold Reserve exit.
- Net liquidity stood at 47.78% of net assets; a 13.8% margin balance was fully offset by Government of Canada T-bills.
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