Global Masters Fund Limited (ASX: GFL), an Australian listed investment company focused on a diversified portfolio of internationally listed securities, has issued its quarterly report to the Trustee and ASIC for the period ending 31 March 2026. remains unchanged at $3.10. Specifically, a total of 12,900 notes were converted into common shares in the quarter, reflecting continued activity within its convertible note program.
The report details the company’s loan-to-value (LTV) ratio, which stood at 10.73% as on March 31, 2026. This ratio, calculated by dividing total debt less cash and cash equivalents by the market value of all marketable securities, provides insight into a company’s financial leverage. At the end of the quarter, Global Masters Fund reported total debt of $8,260,003, cash and cash equivalents of $2,498,184, and market value of marketable securities totaling $53,683,652.
Additionally, Global Masters Fund confirmed compliance with regulatory and governance obligations throughout the reporting period. The Company has confirmed compliance with the provisions of Chapter 2L, Chapter 2M, and Chapter 6CA of the Corporations Act 2001 in its Notice, Trust Deed, and Corporations Act 2001. The report also stated that no circumstances had arisen that would cause the Notes to become immediately payable or enforceable, nor had any events occurred that would cause a materially prejudicial change in the nature of its business. This report is authorized to be issued by the Board, which ensures transparency for noteholders and the market.
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