Marlin Global's NAV drops slightly, shares trade at premium

Marlin Global Limited reported its Net Asset Value (NAV) as at September 2, 2025, at $0.9480 per share, a slight decrease from the August 31, 2025, NAV of $0.9545. The share price closed at $1.02 on September 2, 2025, resulting in an 8% premium, compared to a $1.01 close and 6% premium on August 31, 2025. The company confirmed that the NAV is unaudited and net of fees and tax, with no current treasury stock impacting the NAV per share calculation.

The investment company, which focuses on growing companies outside of New Zealand and Australia, disclosed its five largest portfolio holdings as of September 2, 2025. These include Amazon (7%), Microsoft (6%), Mastercard (6%), Danaher Corp. (5%), and Intuitive Surgical Inc (5%).

Marlin Global, managed by Fisher Funds, offers investors competitive returns through capital growth and dividends, investing in listed and unlisted companies not incorporated in New Zealand or Australia. The company has been listed on the NZX Main Board since November 1, 2007.