Bermuda Stock Exchange

c/o MUFG Investor Services
4th Floor North,
Cedar House,
41 Cedar Avenue,
Hamilton HM 12, Bermuda

Listed Since: 2012/12/06
BSX Ticker: PANCINV.BH
BSX Currency: USD
CUSIP: G6896N106
ISIN: BMG6896N1065
Tel: 441 278 3670
Fax: 441 295 6759
Email: KCarter@mfsadmin.com
Open To: Qualified Investors

Fund Investment Objective: The investment objective of the Company is to achieve capital appreciation through investment in an actively managed portfolio.

NAV History (USD)

Date	NAV	Change	% Change
2023/10/31	791.0200	-11.8800	-1.50
2023/09/30	802.9000	-20.4300	-2.54
2023/08/31	823.3300	-17.5500	-2.13
2023/07/31	840.8800	18.9400	2.25
2023/06/30	821.9400	38.0000	4.62
2023/05/31	783.9400	-21.3300	-2.72
2023/04/30	805.2700	-3.7900	-0.47
2023/03/31	809.0600	0.8600	0.11
2023/02/28	808.2000	-2.5200	-0.31
2023/01/31	810.7200	11.6700	1.44
2022/12/31	799.0500	-16.6800	-2.09
2022/11/30	815.7300	7.5400	0.92
2022/10/31	808.1900	3.0700	0.38
2022/09/30	805.1200	-27.5300	-3.42
2022/08/31	832.6500	0.7100	0.09
2022/07/31	831.9400	9.2700	1.11
2022/06/30	822.6700	-56.8900	-6.92
2022/05/31	879.5600	-11.1600	-1.27
2022/04/30	890.7200	-48.3100	-5.42
2022/03/31	939.0300	2.6450	0.28
2022/02/28	936.3850	-4.9350	-0.53
2022/01/31	941.3200	-47.4200	-5.04
2021/12/31	988.7400	-0.6700	-0.07
2021/11/30	989.4100	-35.3800	-3.58
2021/10/31	1,024.7900	19.3900	1.89
2021/09/30	1,005.4000	-32.9800	-3.28
2021/08/31	1,038.3800	1.2900	0.12
2021/07/31	1,037.0900	2.7200	0.26
2021/06/30	1,034.3700	-24.6100	-2.38
2021/05/31	1,058.9800	-8.0000	-0.76
2021/04/30	1,066.9800	18.7900	1.76
2021/03/31	1,048.1900	-35.6200	-3.40
2021/02/28	1,083.8100	-22.3200	-2.06
2021/01/31	1,106.1300	24.9200	2.25
2020/12/31	1,081.2100	78.9700	7.30
2020/11/30	1,002.2400	70.2500	7.01
2020/10/31	931.9900	-5.6600	-0.61
2020/09/30	937.6500	-55.2500	-5.89
2020/08/31	992.9000	53.1900	5.36
2020/07/31	939.7100	63.0300	6.71
2020/06/30	876.6800	19.6900	2.25
2020/05/31	856.9900	24.3400	2.84
2020/04/30	832.6500	7.2300	0.87
2020/03/31	825.4200	-73.5350	-8.91
2020/02/29	898.9550	-53.7750	-5.98
2020/01/31	952.7300	-10.9000	-1.14
2019/12/31	963.6300	30.0400	3.12
2019/11/30	933.5900	-3.4000	-0.36
2019/10/31	936.9900	5.3200	0.57
2019/09/30	931.6700	-17.0800	-1.83
2019/08/31	948.7500	-3.7000	-0.39
2019/07/31	952.4500	-1.4200	-0.15
2019/06/30	953.8700	19.3470	2.03
2019/05/31	934.5230	-20.8250	-2.23
2019/04/30	955.3480	12.5280	1.31
2019/03/31	942.8200	-2.3800	-0.25
2019/02/28	945.2000	6.6900	0.71
2019/01/31	938.5100	16.4600	1.75
2018/12/31	922.0500	-20.4600	-2.22
2018/11/30	942.5100	-9.6400	-1.02
2018/10/31	952.1500	-44.3400	-4.66
2018/09/30	996.4900	0.0600	0.01
2018/08/31	996.4300	-5.3100	-0.53
2018/07/31	1,001.7400	4.5000	0.45
2018/06/30	997.2400	-14.1700	-1.42
2018/05/31	1,011.4100	0.3750	0.04
2018/04/30	1,011.0350	-24.8380	-2.46
2018/03/31	1,035.8730	-14.3770	-1.39
2018/02/28	1,050.2500	-35.7620	-3.41
2018/01/31	1,086.0120	48.6800	4.48
2017/12/31	1,037.3320	10.3120	0.99
2017/11/30	1,027.0200	2.9800	0.29
2017/10/31	1,024.0400	15.3400	1.50
2017/09/30	1,008.7000	2.0900	0.21
2017/08/31	1,006.6100	19.2730	1.91
2017/07/31	987.3370	15.7220	1.59
2017/06/30	971.6150	2.9130	0.30
2017/05/31	968.7020	3.6720	0.38
2017/04/30	965.0300	6.1500	0.64
2017/03/31	958.8800	-4.4910	-0.47
2017/02/28	963.3710	-10.3220	-1.07
2017/01/31	973.6930	-5.2640	-0.54
2016/12/31	978.9570	-9.0980	-0.93
2016/11/30	988.0550	-0.2450	-0.02
2016/10/31	988.3000	-3.2500	-0.33
2016/09/30	991.5500	-6.5000	-0.66
2016/08/31	998.0500	-24.4200	-2.45
2016/07/31	1,022.4700	-6.3000	-0.62
2016/06/30	1,028.7700	-8.6260	-0.84
2016/05/31	1,037.3960	-31.3840	-3.03
2016/04/30	1,068.7800	-7.9700	-0.75
2016/03/31	1,076.7500	2.8700	0.27
2016/02/29	1,073.8800	8.2500	0.77
2016/01/31	1,065.6300	-0.2200	-0.02
2015/12/31	1,065.8500	-9.0200	-0.85
2015/11/30	1,074.8700	5.7900	0.54
2015/10/31	1,069.0800	-33.6400	-3.15
2015/09/30	1,102.7200	-9.1900	-0.83
2015/08/31	1,111.9100	-10.7300	-0.97
2015/07/31	1,122.6400	7.4500	0.66
2015/06/30	1,115.1900	-17.2700	-1.55
2015/05/31	1,132.4600	-13.5140	-1.19
2015/04/30	1,145.9740	-18.8060	-1.64
2015/03/31	1,164.7800	8.5600	0.73
2015/02/28	1,156.2200	-21.1000	-1.82
2015/01/31	1,177.3200	88.7000	7.53
2014/12/31	1,088.6200	15.9700	1.47
2014/11/30	1,072.6500	18.1580	1.69
2014/10/31	1,054.4920	-10.7380	-1.02
2014/09/30	1,065.2300	58.8100	5.52
2014/08/31	1,006.4200	11.1700	1.11
2014/07/31	995.2500	2.3200	0.23
2014/06/30	992.9300	-4.9000	-0.49
2014/05/31	997.8300	-14.2600	-1.43
2014/04/30	1,012.0900	-6.1100	-0.60
2014/03/31	1,018.2000	-10.7000	-1.05
2014/02/28	1,028.9000	-11.9400	-1.16
2014/01/31	1,040.8400	-15.8000	-1.52
2013/12/31	1,056.6400	11.8300	1.12
2013/11/30	1,044.8100	-2.9100	-0.28
2013/10/31	1,047.7200	-4.3100	-0.41
2013/09/30	1,052.0300	3.0100	0.29
2013/08/31	1,049.0200	-6.0200	-0.57
2013/07/31	1,055.0400	-13.0800	-1.24
2013/06/30	1,068.1200	-10.4300	-0.98
2013/05/31	1,078.5500	6.4500	0.60
2013/04/30	1,072.1000	-3.5200	-0.33
2013/03/31	1,075.6200	5.9800	0.56
2013/02/28	1,069.6400	-7.7100	-0.72
2013/01/31	1,077.3500	29.6100	2.75
2012/12/31	1,047.7400	0.0000	0.00

FINANCIAL AND OTHER INFORMATION

Title	Description	Date Posted
2023 Financials	2023 Financials	2023/10/05
2022 Financials	2022 Financials	2023/10/05
2021 Financials	2021 Financials	2021/10/06
2020 Financials	2020 Financials	2020/09/22
2019 Financials	2019 Financials	2019/09/12
2018 Financials	2018 Financials	2018/09/14
2017 Financials	2017 Financials	2017/08/23
2016 Financials	2016 Financials	2016/08/29
2015 Financials	2015 Financials	2015/09/22
2014 Financials	2014 Financials	2014/11/03
2013 Financials	2013 Financials	2013/09/09

Name	Position	Email
K. Carter		KCarter@mfsadmin.com

LISTING SPONSOR

Company Name	Street Address
Clarien BSX Services Limited	Point House 1st Floor 6 Front Street Hamilton HM 11 Bermuda

Pancurri Investments Ltd

NAV History (USD)

FINANCIAL AND OTHER INFORMATION

DIRECTORY

LISTING SPONSOR