The GLI Fund LLC – Key Legal and Financial Terms

  • Annual Management Fees: 2% of AUM – no performance fee
  • Minimum Investment: USD $2 million
  • Managers: Thomas Wehlen, Rainer Genschel
  • Domicile: Cayman Islands
  • Legal: Walkers, Cayman Islands
  • Administrator: Circle Partners, The Netherlands
  • Auditor: KPMG
  • ISIN: KYG3958G1038, Bloomberg: GLIFUNB KY

GLI Fund LLC Performance to 31 August 2017

Year to date net return (period ending 31 August 2017): 18.31%

Annualized net return since inception on 1 January 1998: 14.38%

Net Return for August 2017: 2.44%

NAV per B share of GLI LLC on 31 August 2017 : USD 13,979.92

NAV per B share at inception on 1 January 1998: USD 995

Breakdown of Returns

Returns from 1 January 2017 to 31 August 2017 due to:

Equities Bonds MoneyMarket Commodities Currency Interest Mgmt. and Acctg. Fees NET TOTAL
15.25% 1.21% 0.53% -1.91% 4.82% -0.06% -1.53% 18.31%

————

NAV in USD per share gain(loss):

NAV per Share 31 Dec 2016 NAV Ytd. Gain(loss) NAV per Share 31 August 2017
11,816.33 2,163.59 13,979.92

Comparison Table of Returns

Year to date

8/31/2017

10 Year Returns

8/31/2007 - 8/31/2017 Annualized

15 Year Returns

8/31/2002 - 8/31/2017 Annualized

Returns Since GLI Inception

1/1/1998 - 8/31/2017 Annualized

10 Year Daily Downside Volatility

8/31/2007-8/31/2017 Annualized

The GLI Fund LLC (Net Returns) 18.31% 16.93% 20.06% 14.38% 15.56%
S&P 500 total return 11.93% 7.61% 9.05% 6.85% 17.28%
MSCI Global USD total return 15.50% 4.84% 8.75% 6.33% 14.62%
Berkshire Hathaway 11.19% 8.64% 9.14% 9.44% 16.50%