Ethos Capital lifts interim NAV

JSE-listed Ethos Capital’s net asset value (NAV) increased to R1.9-billion during the six-months ended December 31. The company said in a statement on Monday that it increased its underlying exposure to 11 companies, with invested capital equal to 39% of NAV. The company reiterated its long-term strategy of fully investing NAV, while retaining sufficient liquidity to meet commitments.