Lowell Resources Fund (AU:LRT) has released an update.
Lowell Resources Fund (ASX: LRT) reported its July 2024 performance with a post-distribution NAV per unit of $1.2436 and a market capitalisation of AUD $43.4m, reflecting a solid foothold in the financial markets. The fund announced a distribution of 15.2 cents per unit and a strategic update on investments, including increased holdings in precious and base metals, and divestment from certain resources. The fund’s diverse commodity exposure and a cash position of 6% post-distribution showcase its active management and financial health.
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