BK Opportunities Fund 7 - Crystal Fund

BK Opportunities
Fund 7

30th June 2022

Dear all,

The estimated NAV of BK Opportunities Fund-7 (Euro) as of 30th June 2022 is:

83.79%

BK Opportunities Fund-7 estimated net performances

as of 30th June 2022

June 2022 Monthly Return (non-annualized) -9.0%
June 2022 Year-to-Date (non-annualized) -19.4%
June 2022 Annual Return since inception (non-annualized) -16.2%
Prices across asset classes have continued to deteriorate in June with an exacerbated situation in Europe, because it is more energy-dependent and more fragmented than other blocks to address challenges (amongst other reasons). These price movements reflect the anticipation of a recession, and we may also see further price turbulences. Despite their reduced liquidity and their sensitivity to monthly brokers/dealers valuations, BK-7 positions are fundamentally robust and can, not only resist but, continue to perform under these recession scenarios. Furthermore, the current environment gives rise to opportunities so part of proceeds and payments are reinvested, cautiously and in a very gradual manner.

Feel free to contact me if you need further information.
Best regards,
Olivier

Olivier Gozlan
Crystal & BK Opportunities Funds
Phone: +44 208 089 1135
Mobile: +44 795 794 5742
olivier.gozlan@crystalfund.com
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This is not for distribution to, or use by, any person or entity in any jurisdiction where such distribution or use would be contrary to law or regulation. The information contained herein is for information only and does not constitute an offer regarding any product. The document has been prepared by Oristan Ireland DAC and the data have not been audited nor verified. Past performance cannot indicate future performance. There is no assurance that the investment objective will be achieved and investment results may vary.