A group of Arch Cru investors have obtained figures which show the extent of the losses suffered by the fund range in the run up to its suspension.
From 16 June 2008 to 12 March 2009 - one day before its suspension - the CF Arch Cru Investment Portfolio went from having a net asset value (NAV) of 113.910 to 101.810. The Arch Cru Specialist Portfolio fell from 114.220 on 20 June 2008 to 102.910 by 12 March 2009. In the final few days before suspension the NAVs on the funds fell 6%. The figures were released by Capita, the authorised corporate director of the fund, after persistent requests by investors. Without the data, investors claimed it was impossible for them to understand the extent of their losses and judge the worth of...
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