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 30 September 2017

Year to date net return (period ending 30 September 2017): 22.01%

Annualized net return since inception on 1 January 1998: 14.50%

Net Return for September 2017: 3.13%

NAV per B share of GLI LLC on 30 September 2017 : USD 14,417.07

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

Breakdown of Returns

Returns from 1 January 2017 to 30 September 2017 due to:

Equities Bonds MoneyMarket Commodities Currency Interest Mgmt. and Acctg. Fees NET TOTAL
19.31% 0.40% 0.11% -0.53% 4.49% -0.03% -1.74% 12.01%

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NAV in USD per share gain(loss):

NAV per Share 31 Dec 2016 NAV Ytd. Gain(loss) NAV per Share 30 September 2017
11,816.33 2,600.73 14,417.07

Comparison Table of Returns

Year to date

9/30/2017

10 Year Returns

9/30/2007 - 9/30/2017 Annualized

15 Year Returns

9/30/2002 - 9/30/2017 Annualized

Returns Since GLI Inception

1/1/1998 - 9/30/2017 Annualized

10 Year Daily Downside Volatility

9/30/2007-9/30/2017 Annualized

The GLI Fund LLC (Net Returns) 22.01% 15.94% 20.82% 14.50% 15.56%
S&P 500 total return 14.24% 7.43% 10.03% 6.93% 17.25%
MSCI Global USD total return 17.75% 4.49% 9.74% 6.41% 14.64%
Berkshire Hathaway 12.54% 8.76% 9.14% 9.47% 16.50%