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VALUE OF THE PORTFOLIO
INVESTMENT PORTFOLIO RETURN (LOCAL CURRENCY)
INVESTMENT PORTFOLIO RETURN (STERLING)
Nine months to 31 October 2018
Continued strong performance across the portfolio
Strong operating performance and realisations at significant uplifts to carrying value have generated a constant currency return of 11.2% during the nine months, or 14.1% in Sterling, further extending the average 15.0% p.a. constant currency growth that the Portfolio has generated over the last five years.