AURORA ABSOLUTE RETURN FUND (ASX.ABW)

Unitholders in this fund should consider crystallising a capital loss in 2024/25 by selling their units. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person.

delisted from the close of trading on Friday, 26 February 2021, pursuant to Listing rule 17.15.

we understand the company failed to pay its annual listing fees by close of business on Friday, 26 February 2021

On 25 February 2021, Molopo released its Quarterly Cash Flow Statement for the quarter ended 31 December 2020. Based on the information contained in this Quarterly Cash Flow Statement, Aurora has reassessed the carrying value of its investment in Molopo and has decided to write the value of its investment down from 0.4 cents to nil.

As at 25 February 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

The company lodges an Appendix 4D.

As at 24 February 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 23 February 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 22 February 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 19 February 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

Under Listing Rule 17.6, any entity (if not already suspended) that has not paid its annual listing fees by close of business on Friday, 19 February 2021 will have its securities suspended from official quotation before the commencement of trading on Monday, 22 February 2021. The company has not paid the second instalment of its annual listing fees in respect of the year ending 30 June 2021 but the securities are already suspended from official quotation.

As at 18 February 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 17 February 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 16 February 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 15 February 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 12 February 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 11 February 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 10 February 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 9 February 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 8 February 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 5 February 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 4 February 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 3 February 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 2 February 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 1 February 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 29 January 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 28 January 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 27 January 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 25 January 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 22 January 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 21 January 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 20 January 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 19 January 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 18 January 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 15 January 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450

The company releases its 31 December 2020 Newsletter.

As at 31 December 2020, the Net Asset Value per Unit of the Fund, including franking credits, was $0.1436.

As at 14 January 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 13 January 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 12 January 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 11 January 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 8 January 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 7 January 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 6 January 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 5 January 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 4 January 2021, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 31 December 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 30 December 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 29 December 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 24 December 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 23 December 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 22 December 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 21 December 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 18 December 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

The company releases its 30 November 2020 Newsletter.

As at 30 November 2020, the Net Asset Value per Unit of the Fund, including franking credits, was $0.1446.

As at 17 December 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 16 December 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 15 December 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 14 December 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 11 December 2020, the estimated Net Asset Value (NAV) per Unit of the Fund, including franking credits, was $0.1425.

As at 10 December 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 8 December 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 7 December 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 4 December 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 3 December 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 2 December 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 1 December 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1425.

As at 30 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 27 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 31 October 2020, the Net Asset Value per Unit of the Fund, including franking credits, was $0.1470.

The company releases its 31 October 2020 Newsletter.

As at 26 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 25 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 24 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 23 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 20 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 19 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 18 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 17 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 16 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 13 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 12 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 11 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 10 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 9 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 6 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1475.

As at 5 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1450.

As at 4 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1475.

As at 3 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1475.

As at 2 November 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1475.

As at 30 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1475.

The company releases its Appendix 4G and Corporate Governance Statement.

The company lodges its Full Year Statutory Accounts.

As at 29 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1625.

As at 28 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1625.

As at 27 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1625.

As at 26 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1625.

As at 25 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1625.

As at 22 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1625.

The company releases a response to ASX Query Letter - AFML.

As at 21 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1625.

The company releases its 30 September 2020 Newsletter.

As at 30 September 2020, the Net Asset Value per Unit of the Fund, including franking credits, was $0.1613

As at 20 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1625.

As at 19 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1625.

As at 16 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1625.

As at 15 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1625.

As at 14 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1625.

The company releases its 31 August 2020 Newsletter.

As at 13 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1625.

As at 12 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1600.

As at 9 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1600.

As at 8 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1600.

As at 7 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1600.

As at 6 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1600.

As at 2 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1600.

As at 1 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1600.

As at 5 October 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1600.

As at 30 September 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1600.

As at 29 September 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1600.

As at 31 August 2020, the Net Asset Value per Unit of the Fund, including franking credits, was $0.1621.

As at 28 September 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1725.

As at 25 September 2020, the estimated Net Asset Value (NAV) per Unit of the Fund, including franking credits, was $0.1725

As at 24 September 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1725.

As at 23 September 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1725.

On 13 and 14 February 2020, the appeal by Primary was heard in the Court of Appeal Supreme Court NSW. Today, the Court of Appeal handed down its decision, being: refuse the appellant (being Primary) leave to file a further amended notice of appeal and order that the appeal be dismissed with costs. The actions by Primary and its associates have been extremely disruptive to the normal operations of ABW, resulting in, amongst other things, its suspension from trading on the ASX. In addition, Primary's actions have resulted in considerable legal costs being expended by the Fund. Aurora will now vigorously pursue the recovery of the legal fees from Primary, with the recoveries being booked as revenue as and when received.

As at 22 September 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1725.

As at 21 September 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1725.

As at 18 September 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1725.

As at 17 September 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1725.

As at 16 September 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1725.

As at 15 September 2020, the estimated Net Asset Value (NAV) per Unit of the Fund, including franking credits, was $0.1725.

As at 14 September 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1725.

As at 11 September 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1725.

As at 10 September 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1725.

As at 9 September 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1725.

As at 8 September 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1725.

As at 7 September 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1725.

As at 4 September 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1725.

As at 3 September 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1725.

As at 2 September 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1725.

As at 1 September 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1750.

As at 31 August 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1750.

The company lodges its Preliminary Final Report.

Aurora Funds Management Limited also provides an update in respect to the Aurora Fortitude Absolute Return Fund, which directly impacts the Aurora Absolute Return Fund. FARF holds an investment in the ordinary shares of Molopo Energy Limited, which was suspended from trading on the Australian Stock Exchange on 27 July 2017 and remains suspended as at the date of this update. On 31 July 2020, Molopo released its Quarterly Cash Flow Statement for the quarter ended 30 June 2020. Based on the information contained in this Quarterly Cash Flow Statement, Aurora has reassessed the carrying value of its investment in Molopo and has decided to write the value of its investment down from 0.5 cents 0.4 cents. The fair value of the Molopo Investment is based on significant estimates and judgements adopted by the Board of Aurora based on all available information about Molopo as at the current date. The Aurora Board considered the range of possible values and determined that the fair value of the Molopo investment held by the Fund should now be valued at 0.4 cents.

As at 28 August 2020, the estimated Net Asset Value per Unit of the fund, including franking credits, was $0.1750.

As at 27 August 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1750.

As at 26 August 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1750.

As at 25 August 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 24 August 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 21 August 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

The following entity has not paid their annual listing fees in respect of the year ending 30 June 2021 but their securities are already suspended from official quotation.

As at 20 August 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 19 August 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 18 August 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

The company releases its 31 July 2020 Newsletter.

As at 31 July 2020, the Net Asset Value per Unit of the Fund, including franking credits, was $0.1772.

The company releases its Share Trading Policy.

As at 17 August 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 14 August 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 13 August 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 12 August 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 11 August 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 10 August 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 7 August 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 6 August 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 5 August 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 4 August 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 3 August 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 31 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 30 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 29 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 28 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 27 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 24 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 23 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

The company releases its 30 June 2020 Newsletter.

As at 30 June 2020, the Net Asset Value per Unit of the Fund, including franking credits, was $0.1792.

As at 22 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 21 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 20 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 17 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 16 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 15 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 14 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 13 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

The company releases an Appendix 2A.

As at 10 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 9 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 8 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 7 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 6 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1775.

As at 3 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1800.

As at 2 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1800.

As at 1 July 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was

As at 30 June 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1800.

As at 29 June 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1800.

As at 26 June 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825.

As at 25 June 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825.

As at 24 June 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825.

As at 23 June 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825.

As at 22 June 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825.

As at 19 June 2020, the estimated Net Asset Value (NAV) per Unit of the Fund, including franking credits, was $0.1825.

As at 18 June 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825.

As at 17 June 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825.

As at 16 June 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825.

As at 15 June 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825

As at 12 June 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825.

As at 11 June 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825.

As at 10 June 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825.

The company releases its 31 May 20 Newsletter.

As at 31 May 2020, the Net Asset Value per Unit of the Fund, including franking credits, was $0.1838.

As at 9 June 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825.

As at 5 June 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825.

As at 4 June 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825.

As at 3 June 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825.

As at 2 June 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825.

As at 1 June 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 31 May 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 28 May 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 27 May 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 26 May 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 25 May 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 22 May 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 21 May 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 20 May 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 19 May 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 18 May 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

The company releases its April 2020 Newsletter.

As at 30 April 2020, the Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 15 May 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 14 May 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 13 May 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 12 May 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 11 May 2020, the estimated Net Asset Value (NAV) per Unit of the Fund, including franking credits, was $0.1850.

As at 8 May 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 7 May 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 6 May 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 5 May 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 4 May 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 1 May 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 30 April 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 29 April 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 28 April 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 27 April 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 24 April 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 23 April 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 22 April 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 21 April 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

As at 20 April 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1850.

The company releases its 31 March 2020 Newsletter.

As at 31 March 2020, the Net Asset Value per Unit of the Fund, including franking credits, was $0.1894.

As at 17 April 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1875.

The company releases its 29 February 2020 Newsletter.

As at 16 April 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1875.

As at 29 February 2020, the Net Asset Value per Unit of the Fund, including franking credits, was $0.1858.

As at 15 April 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 14 April 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 9 April 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

The estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

The estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 6 April 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 3 April 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 2 April 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 1 April 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 31 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 30 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 27 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 26 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 25 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 24 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 23 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 20 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 19 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 18 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 17 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825.

As at 16 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825.

As at 13 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825.

As at 12 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1825.

As at 11 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1800.

As at 10 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1800.

As at 9 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1800.

As at 6 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1875.

As at 5 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1875.

As at 4 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1875.

As at 3 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1875.

As at 2 March 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1875.

As at 28 February 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1875.

The company lodges its Half Year Report and Accounts.

As at 27 February 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1875.

As at 26 February 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1875.

As at 25 February 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1875.

As at 24 February 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1875.

As at 21 February 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 20 February 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1875.

As at 19 February 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 18 February 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

The company releases its 31 January 2020 Newsletter.

As at 31 January 2020, the Net Asset Value per Unit of the Fund, including franking credits, was $0.1899.

As at 17 February 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 14 February 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 13 February 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 12 February 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 11 February 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 10 February 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 7 February 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 6 February 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 5 February 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

AFARF holds an investment in the ordinary shares of Molopo Energy Limited. On 3 February 2020, Molopo released its Quarterly Cash Flow Statement for the quarter ended 31 December 2019. Based on the information contained in this Quarterly Cash Flow Statement, Aurora has reassessed the carrying value of its investment in Molopo and has decided to write the value of its investment down from 0.9 cents 0.5 cents. The fair value of the Molopo Investment is based on significant estimates and judgements adopted by the Board of Aurora based on all available information about Molopo as at the current date. The Aurora Board considered the range of possible values and determined that the fair value of the Molopo investment held by the Fund should now be valued at 0.5 cents. Aurora continues to pursue avenues to recover value that has been lost by the former directors of Molopo.

As at 4 February 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1975.

As at 3 February 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1975.

As at 31 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1975.

As at 30 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2000.

As at 29 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2000.

As at 28 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2025.

As at 24 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2025.

As at 23 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2025.

As at 22 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2025.

As at 21 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2025.

As at 20 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 17 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 16 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 15 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 14 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 13 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 10 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

The company releases its 31 December 19 Newsletter.

As at 31 December 2019, the Net Asset Value per Unit of the Fund, including franking credits, was $0.1915.

As at 9 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 8 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 7 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 6 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 3 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 2 January 2020, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

As at 31 December 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1900.

The company releases the following: 31 July 2019 Newsletter, 31 August 2019 Newsletter, 30 September 2019 Newsletter, 31 October 2019 Newsletter and 30 November 2019 Newsletter.

As at 30 November 2019, the Net Asset Value per Unit of the Fund, including franking credits, was $0.1941.

As at 30 December 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits was $0.1900.

As at 27 December 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 24 December 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 23 December 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 31 October 2019, the Net Asset Value per Unit of the Fund, including franking credits, was $0.2046.

As at 20 December 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 19 December 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1950.

Aurora has considered the validity of Mr. Staermose's request received and has informed Mr Staermose that Aurora considers that his request does not comply with the requirements of section 252B. Aurora's principal concern is that the resolution proposed goes beyond the scope of the resolution contemplated by section 601NB for members to resolve to direct the responsible entity to wind up a managed investment scheme, because it not only seeks to direct the responsible entity to wind up the fund (as contemplated by that section) but also to direct the responsible entity as to how to conduct the winding up.

As at 18 December 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1950.

As at 17 December 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1950.

As at 16 December 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 13 December 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 12 December 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 11 December 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 10 December 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

Since this time, Aurora has corrected the unlawful changes made by Primary, including changing the name of the Fund back to Aurora Absolute Return Fund, changing the Fund's Constitution back to its original Constitution and has sought to have the suspension lifted by the ASX. At this stage, Aurora is unsure when the ASX suspension will be lifted. Primary is appealing the decision handed down in the NSW Supreme Court proceedings by Her Honour Justice Rees. This has resulted in additional costs being incurred by the Fund, with further costs likely to be incurred. Aurora is in the process of updating the Product Disclosure Statement for ABW. Aurora will satisfy pending redemptions in ABW, after adequate allowance has been made for the further costs associated with the Primary appeal as well as any subsequent matters that may arise. These future redemptions will be funded from Master Fund redemptions. Aurora received a request from Mr Tim Sandeman Staermose today for ABW to be wound up. Aurora is considering the validity of the request received and will update the market in due course.

As at 9 December 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 6 December 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 5 December 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 4 December 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 3 December 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1950.

As at 2 December 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1925.

As at 29 November 2019,the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1950.

As at 28 November 2019,the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1950.

As at 27 November 2019,the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1950.

As at 26 November 2019,the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1975.

As at 25 November 2019,the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1975.

As at 22 November 2019,the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1975.

As at 21 November 2019,the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1975.

As at 20 November 2019,the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1975.

As at 19 November 2019,the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.1975.

As at 18 November 2019,the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2000.

As at 15 November 2019,the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2000.

As at 14 November 2019,the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2000.

As at 13 November 2019,the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2000.

As at 12 November 2019,the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2000.

As at 11 November 2019,the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2000.

As at 8 November 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2000.

As at 7 November 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2075.

As at 6 November 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2075.

As at 5 November 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2075.

As at 4 November 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2075.

As at 1 November 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2050.

Interactive Brokers LLC, the prime broker and custodian of AFARF, has advised that it intends to cease operations in Australia. AFARF has executed a Deed of Novation to transfer its account from IB LLC to Interactive Brokers Australia Pty Ltd., which has been set up by Interactive Brokers in order to continue to provide services to its Australian clients.

As at 31 October 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2050.

As at 30 October 2019, the estimated Net Asset Value (NAV) per Unit of the Fund, including franking credits, was $0.2075.

Aurora Funds Management Limited provides a valuation update in respect of the Aurora Fortitude Absolute Return Fund. AFARF holds an investment in the ordinary shares of Molopo Energy Limited. On 30 October 2019, Molopo released its Quarterly Cash Flow Statement for the quarter ended 30 September 2019. Based on the information contained in this Quarterly Cash Flow Statement, Aurora has reassessed the carrying value of its investment in Molopo and has decided to write the value of its investment down from 1.5 cents to 0.9 cents. The fair value of the Molopo Investment is based on significant estimates and judgements adopted by the Board of Aurora based on all available information about Molopo as at the current date.

As at 29 October 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2175.

As at 28 October 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2175.

As at 25 October 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2225.

As at 24 October 2019, the estimated Net Asset Value (NAV) per Unit of the Fund, including franking credits, was $0.2225.

As at 23 October 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2200.

As at 22 October 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2200.

The audit of the Fund's annual financial statements is now complete. Redemption requests have been processed by the Aurora with its share registry, with payment to made by 25 October 2019. Aurora confirms that AFARF unitholders will receive approximately 47% of their outstanding redemption monies based on total redemptions as at 30 June 2019. The proceeds which ABW will receive from the Master Fund in respect of ABW's outstanding redemption requests of its Master Fund Units will be applied in full to meet existing indebtedness of ABW relating to reimbursement of Aurora for the expenses incurred by it in connection with the Fund.

As at 21 October 2019, the estimated Net Asset Value (NAV) per Unit of the Fund, including franking credits, was $0.2250.

As at 18 October 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2250.

As at 17 October 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2250.

As at 30 September 2019, the Net Asset Value per Unit of the Fund, including franking credits, was $0.2228.

As at 16 October 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2275.

As at 15 October 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2300. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2725.

As at 31 August 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2168. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2582.

As at 31 July 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2127. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2541.

As at 14 October 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2300. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2725.

As at 11 October 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2300. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2725.

As at 10 October 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2325. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2725.

As at 09 October 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2325. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2750.

As at 08 October 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2325. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2750.

In light of the recent increase in the Net Asset Value of Aurora Fortitude Absolute Return Fund, all investors that had previously lodged Redemption Requests will now have the option of withdrawing their Redemption Request. This option remains open for the next 10 days from the date of this announcement. If no withdrawal request is received in this time, Aurora Funds Management Limited, in its capacity as the responsible entity of AFARF, will process those Redemption Requests in line with previous announcements.

As at 07 October 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2325. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2750.

As at 04 October 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2250. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2650.

As at 03 October 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2300. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2700.

As at 02 October 2019, the estimated Net Asset Value (NAV) per Unit of the Fund, including franking credits, was $0.2300. Excluding the Legal Provision, the estimated Net Asset Value (NAV) per Unit is $0.2700.

As at 01 October 2019, the estimated Net Asset Value (NAV) per Unit of the Fund, including franking credits, was $0.2250. Excluding the Legal Provision, the estimated Net Asset Value (NAV) per Unit is $0.2650.

As at 30 September 2019, the estimated Net Asset Value (NAV) per Unit of the Fund, including franking credits, was $0.2225. Excluding the Legal Provision, the estimated Net Asset Value (NAV) per Unit is $0.2650

The company releases its Appendix 4G and Corporate Governance Statement.

The company lodges its Annual Report 2019.

As at 27 September 2019, the estimated Net Asset Value (NAV) per Unit of the Fund, including franking credits, was $0.2150. Excluding the Legal Provision, the estimated Net Asset Value (NAV) per Unit is $0.2550.

As at 26 September 2019, the estimated Net Asset Value (NAV) per Unit of the Fund, including franking credits, was $0.2150. Excluding the Legal Provision, the estimated Net Asset Value (NAV) per Unit is $0.2550.

As at 25 September 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2150. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2550.

As at 24 September 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2100. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2525.

As at 23 September 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2075. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2500.

As at 20 September 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2050. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2475.

As at 19 September 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2050. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2450.

As at 18 September 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2050. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2450.

As at 17 September 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2050. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2450.

As at 16 September 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2050. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2425.

As at 13 September 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2025. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2425.

As at 12 September 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2025. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2450.

As at 11 September 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2050. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2475.

As at 10 September 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2050. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2475.

As at 9 September 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2050. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2475.

As at 6 September 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2075. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2475.

As at 5 September 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2075. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2500.

As at 4 September 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2075. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2500.

As at 3 September 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2050. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2475.

As at 2 September 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2100. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2500.

The daily Net Asset Value of ABW will now incorporate a Legal Provision. As at 31 August 2019, the estimated Net Asset Value per Unit of the Fund, including franking credits, was $0.2100. Excluding the Legal Provision, the estimated Net Asset Value per Unit is $0.2500.

The legal costs incurred by Aurora amount to $336,650.69. This amount has been included as a liability provision in the financial statements of ABW for the year ended 30 June 2019 in the Appendix 4E Preliminary Final Report released to the ASX on Friday 30 August 2019. Effective from Monday 2 September 2019, this provision will be included in the calculation of the daily Net Asset Value of ABW. Aurora will vigorously pursue the recovery of these legal fees from Primary, with the recoveries being booked to revenue as and when received. In light of this position, all investors that had previously lodged Redemption Requests will now have the option of withdrawing their Redemption Request. This option remains open for the next 10 days from the date of this announcement.

The company lodges its Preliminary Final Report.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 29 August 2019 was $0.2975.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 28 August 2019 was $0.2975.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 27 August 2019 was $0.2975.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 26 August 2019 was $0.2975.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 23 August 2019 was $0.2975.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 22 August 2019 was $0.2975.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 21 August 2019 was $0.2975.

The company releases its amended constitution.

As previously announced, in the NSW Supreme Court proceedings, Her Honour Justice Rees found that Primary Securities Limited (Primary) was not, and never was, the responsible entity of the Fund. Notwithstanding this finding, Primary had changed the name of the Fund (to Agati Fund) and lodged an amended Constitution with ASIC. Yesterday, the Aurora Board resolved to change the Fund's name back to Aurora Absolute Return Fund and resolved to remove the changes made (by Primary) to the Fund's Constitution and will now lodge the appropriate paperwork with ASIC to give effect to these resolutions.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 20 August 2019 was $0.2975.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 19 August 2019 was $0.2975.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 16 August 2019 was $0.2975.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 15 August 2019 was $0.2975.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 14 August 2019 was $0.2975.

The company releases an update on its Dividend/Distribution.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 13 August 2019 was $0.2950.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 12 August 2019 was $0.2975.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 9 August 2019 was $0.2975.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 8 August 2019 was $0.2975.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 7 August 2019 was $0.2950.

The company releases its 30 June 2019 Newsletter.

The Net Tangible Asset Value per Unit of the Fund including franking credits as at 30 June 2019 was $0.2783 (ex-dividend).

The estimated Net Asset Value per Unit of the Fund including franking credits as at 6 August 2019 was $0.2950.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 5 August 2019 was $0.2950.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 2 August 2019 was $0.2950.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 1 August 2019 was $0.2950.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 31 July 2019 was $0.2975.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 30 July 2019 was $0.2975.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 29 July 2019 was $0.2950

The estimated Net Asset Value per Unit of the Fund including franking credits as at 26 July 2019 was $0.2950.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 25 July 2019 was $0.2900

The estimated Net Asset Value per Unit of the Fund including franking credits as at 24 July 2019 was $0.2900.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 23 July 2019 was $0.2850.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 22 July 2019 was $0.2850.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 19 July 2019 was $0.2850.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 18 July 2019 was $0.2850.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 17 July 2019 was $0.2850

The estimated Net Asset Value per Unit of the Fund including franking credits as at 16 July 2019 was $0.2850.

Aurora advises that, following the successful resolution of the NSW Supreme Court proceedings commenced by Aurora in order resolve the confusion as to the identity of the responsible entity of the Fund, the delayed distributions for December 2018 and March 2019 will be paid today (Tuesday 16 July 2019).

The estimated Net Asset Value per Unit of the Fund including franking credits as at 15 July 2019 was $0.2850.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 12 July 2019 was $0.2800.

The company releases its 31 May 2019 Newsletter.

The Net Tangible Asset Value per Unit of the Fund including franking credits as at 31 May 2019 was $0.2831.

The Panel has declined to make a declaration of unacceptable circumstances in response to an application dated 18 June 2019 from Aurora Funds Management Limited in relation to the affairs of the Aurora Absolute Return Fund. The Panel did not consider that there was sufficient material to establish that the alleged associations had been formed or that it was in the public interest to make a declaration of unacceptable circumstances.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 11 July 2019 was $0.2800.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 10 July 2019 was $0.2800.

Aurora Funds Management has lodged a redemption request in Aurora Fortitude Absolute Return Fund equating to $843,844.45. The funds are required for the following purposes: to meet operating expenses of ABW; to settle legal expenses incurred in the NSW Superme Court proceedings commenced by Aurora against Primary Securities; and to ensure ABW has sufficient working capital going forward. In respect the NSW Supreme Court proceedings against Primary, Aurora has been awarded costs. To the extent that there is any shortfall in the costs recovered from Primary, the shortfall will be borne by ABW. The extent of any shortfall has not yet been quantified.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 9 July 2019 was $0.2800.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 8 July 2019 was $0.2800.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 5 July 2019 was $0.2800.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 4 July 2019 was $0.2800.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 3 July 2019 was $0.2775.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 2 July 2019 was $0.2775.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 1 July 2019 was $0.2775.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 28 June 2019 was $0.2775 (ex-dividend).

The estimated Net Asset Value per Unit of the Fund including franking credits as at 27 June 2019 was $0.2775.

The panel has ordered that, in the absence of the consent of a member of the panel, the persons referred to in the interim orders must not dispose of, transfer, charge or otherwise deal with any units in ABW in which they have a relevant interest. The interim orders have effect until the earliest of further order of the panel, determination of the proceedings or 2 months from the date of the interim orders.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 26 June 2019 was $0.2775.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 25 June 2019 was $0.2775.

The company releases a notification of dividend/distribution. The distribution amount is AUD 0.00140000. The ex date is 28 June 2019 and record date is 1 July 2019. Payment date will be 19 August 2019 and DRP election date will be on 1 July 2019 at 17:00:00.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 24 June 2019 was $0.2775.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 21 June 2019 was $0.2800.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 20 June 2019 was $0.2800.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 19 June 2019 was $0.2825.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 18 June 2019 was $0.2825.

The Panel has received an application from Aurora Funds Management Limited in relation to the affairs of the Aurora Absolute Return Fund. Aurora submits that certain ABW unitholders involved in or otherwise connected with calling a meeting of ABW held on 15 January 2019 are associated by reason of: entering relevant agreements in relation to the acquisition of units in ABW and entering voting agreements in relation to co-operating to replace Aurora as responsible entity of ABW at the meeting. The meeting and resolutions passed at the meeting were recently declared to be invalid in the matter of Aurora Funds Management Limited. Aurora submits that the agreements give the alleged associates voting power in ABW of more than 20%, in contravention of s606 and the substantial holder notice provisions.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 17 June 2019 was $0.2850.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 14 June 2019 was $0.2875.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 13 June 2019 was $0.2900.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 12 June 2019 was $0.2875.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 11 June 2019 was $0.2875.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 7 June 2019 was $0.2875.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 6 June 2019 was $0.2875.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 5 June 2019 was $0.2850.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 4 June 2019 was $0.2850.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 3 June 2019 was $0.2850.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 31 May 2019 was $0.2850.

The company releases its 30 April 2019 Newsletter.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 30 May 2019 was $0.2850.

The Net Tangible Asset Value per Unit of the Fund including franking credits as at 30 April 2019 was $0.2742.

This afternoon, Her Honour Justice Rees delivered her Judgment. Her Honour found that Aurora was not properly removed, and Primary not properly appointed, as the responsible entity of ABW. Amongst the reasons given, Her Honour noted that the members who purported to call the meeting of 15 January 2019 had not been identified and that 25% of the unit holders in ABW had not received adequate notice of the meeting. Her Honour made Orders, which have been stayed for seven (7) days, to allow Primary to consider whether to appeal: declaring that the meeting of the Fund on 15 January 2019 was invalid, as were the resolutions passed at that meeting, and that Primary is not and never has been the responsible entity of ABW; requiring ASIC to rectify its record of registration, so that Aurora is reinstated as responsible entity of ABW; and requiring Primary to pay Aurora's costs.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 29 May 2019 was $0.2875.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 28 May 2019 was $0.2875.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 27 May 2019 was $0.2875.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 24 May 2019 was $0.2875.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 23 May 2019 was $0.2900.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 22 May 2019 was $0.2875.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 21 May 2019 was $0.2875.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 20 May 2019 was $0.2950.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 17 May 2019 was $0.2950.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 16 May 2019 was $0.2875.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 15 May 2019 was $0.2825.

Whilst there is still uncertainty concerning the identity of the responsible entity of the Fund, Aurora has no choice but to delay the March 2019 distribution. Aurora will update ABW unitholders once the Court has delivered judgment.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 14 May 2019 was $0.2800.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 13 May 2019 was $0.2775.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 10 May 2019 was $0.2800.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 9 May 2019 was $0.2800.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 8 May 2019 was $0.2775.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 7 May 2019 was $0.2750.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 6 May 2019 was $0.2750.

The company provides an update to its dividend/distribution. The updated DRP price is AUD 0.27140.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 3 May 2019 was $0.2750.

AFARF currently pays quarterly distributions to unitholders, being the greater of 0.5% of its Net Asset Value per quarter (2.0% per annum) or its distributable taxable income. Aurora hereby provides notice that it has elected to adjust the distribution policy for the Master Fund, such that the Master Fund will pay out its distributable taxable income on a semi-annual basis (in respect of the periods ended 30 June and 31 December each year) up to 1.0% of NAV per period (2.0% per annum). This change in distribution policy will take place following the 30 June 2019 quarterly distribution.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 2 May 2019 was $0.2750.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 1 May 2019 was $0.2750.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 30 April 2019 was $0.2750.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 29 April 2019 was $0.2750.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 26 April 2019 was $0.2750.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 24 April 2019 was $0.2725.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 23 April 2019 was $0.2700.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 18 April 2019 was $0.2700.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 17 April 2019 was $0.2700.

The company releases the 31 March 2019 Newsletter.

The Net Tangible Asset Value per Unit of the Fund including franking credits as at 31 March 2019 was $0.2714.

The company releases the 28 February 2019 Newsletter.

The Net Tangible Asset Value per Unit of the Fund including franking credits as at 28 February 2019 was $0.2784.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 16 April 2019 was $0.2725.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 15 April 2019 was $0.2725.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 12 April 2019 was $0.2725.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 11 April 2019 was $0.2725.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 10 April 2019 was $0.2725.

The estimated Net Asset Value (NAV) per Unit of the Fund including franking credits as at 9 April 2019 was $0.2725.

The estimated Net Asset Value (NAV) per Unit of the Fund including franking credits as at 8 April 2019 was $0.2750.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 5 April 2019 was $0.2675.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 4 April 2019 was $0.2675.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 3 April 2019 was $0.2700.

The estimated NAV per unit of the fund including franking credits as at 2 April 2019 was $0.2725.

The estimated NAV per unit of the fund including franking credits as at 1 April 2019 was $0.2700 (Ex-dividend).

The estimated NAV per unit of the fund including franking credits as at 29 March 2019 was $0.2725.

The company releases its constitution.

Primary informs the market that Aurora Funds Management commenced legal proceedings in the NSW Supreme Court challenging the validity of the calling of the meeting of members held on 15 January 2019 and the resolutions put thereat. Primary informs the market that it has opposed the relief sought and defended these proceedings. These legal proceedings were heard by the Court on 26 and 27 March 2019, with the parties written closing submissions to be presented by 5 April 2019. At this time, the Court has reserved its judgment in respect of the proceedings.

The estimated NAV per unit of the fund including franking credits as at 28 March 2019 was $0.2725.

The estimated NAV per unit of the fund including franking credits as at 27 March 2019 was $0.2775.

The estimated NAV per unit of the fund including franking credits as at 26 March 2019 was $0.2775.

The company releases a notification of dividend/distribution.

The estimated NAV per unit of the fund including franking credits as at 25 March 2019 was $0.2800.

The estimated NAV per unit of the fund including franking credits as at 22 March 2019 was $0.2775.

The estimated NAV per unit of the fund including franking credits as at 21 March 2019 was $0.2775.

The estimated NAV per unit of the fund including franking credits as at 20 March 2019 was $0.2775.

The estimated NAV per unit of the fund including franking credits as at 19 March 2019 was $0.2800.

The estimated NAV per unit of the fund including franking credits as at 18 March 2019 was $0.2800.

The company releases its 31 January 2019 Newsletter.

The net tangible asset value per unit of the fund including franking credits at 31 January 2019 was $0.2635.

The estimated NAV per unit of the fund including franking credits as at 15 March 2019 was $0.2775.

The estimated NAV per unit of the fund including franking credits as at 14 March 2019 was $0.2775.

The estimated NAV per unit of the fund including franking credits as at 13 March 2019 was $0.2775.

The estimated NAV per unit of the fund including franking credits as at 12 March 2019 was $0.2775.

The estimated NAV per unit of the fund d including franking credits as at 11 March 2019 was $0.2800.

The estimated NAV per unit of the fund including franking credits as at 8 March 2019 was $0.2825.

The estimated NAV per unit of the fund including franking credits as at 7 March 2019 was $0.2825.

The estimated NAV per unit of fund of the fund including franking credits as at 6 March 2019 was $0.2825.

The estimated NAV per unit of the fund including franking credits as at 5 March 2019 was $0.2825.

The estimated NAV per unit of the fund including franking credits as at 4 March 2019 was $0.2800.

The estimated NAV per Unit of the Fund including franking credits as at 1 March 2019 was $0.2800.

The estimated NAV per unit of the fund including franking credits as at 28 February 2019 was $0.2800.

The company lodges its Half Year Accounts.

The estimated NAV per unit of the fund including franking credits as at 27 February 2019 was $0.2775.

The estimated NAV per unit of the fund including franking credits as at 26 February 2019 was $0.2775.

The estimated NAV per unit of the fund including franking credits as at 25 February 2019 was $0.2725.

The estimate NAV per unit of the fund including franking credits as at 22 February 2019 was $0.2725.

The estimated NAV per Unit of the Fund including franking credits as at 21 February 2019 was $0.2725.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 20 February 2019 was $0.2725.

The estimated NAV per unit of the fund d including franking credits as at 19 February 2019 was $0.2725.

There is uncertainty concerning the identity of the responsible entity of the fund thathas been created by the conduct of Primary Securities Limited. In order to attempt to make the previously announced distribution of 0.16 cents per unit payable on 18 February 2019, Aurora suggested to the fund's registrar that the payment to ABW unitholders be made directly by the registrar from the distribution n which the Master Fund will make in respect of the units in the Master Fund held by ABW. The registrar has written to Primry seeking Primary's consent t this action. Aurora is not aware of the registrar having received a response to that request.

NAV per Unit of the Fund including franking credits as at 18 February 2019 was $0.2700.

NAV per Unit of the Fund including franking credits as at 15 February 2019 was $0.2700.

NAV per unit of the Fund including franking credits as at 14 February 2019 was $0.2675.

NAV per Unit of the Fund including franking credits as at 13 February 2019 was $0.2650.

NAV per Unit of the Fund including franking credits as at 12 February 2019 was $0.2650.

NAV per Unit of the Fund including franking credits as at 11 February 2019 was $0.2625.

NAV per Unit of the Fund including franking credits as at 8 February 2019 was $0.2675.

NAV per Unit of the Fund including franking credits as at 7 February 2019 was $0.2600.

NAV per Unit of the Fund including franking credits as at 6 February 2019 was $0.2625.

NAV per Unit of the Fund including franking credits as at 5 February 2019 was $0.2675.

NAV per Unit of the Fund including franking credits as at 4 February 2019 was $0.2675.

NAV per Unit of the Fund including franking credits as at 1 February 2019 was $0.2650.

NAV per Unit of the Fund including franking credits as at 31 January 2019 was $0.2675.

On 31 January 2019, Molopo released its Quarterly Cash Flow Statement for the quarter ended 31 December 2018. Based on the information contained in this Quarterly Cash Flow Statement, Aurora has reassessed the carrying value of its investment in Molopo and has decided to write the value of its investment down from 2.6 cents to 1.9 cents.

Aurora confirms that, in order to resolve the confusion as to the identity of the responsible entity of the Fund, caused by the conduct of Primary Securities Limited (Primary) in calling and holding the purported meeting of 15 January 2019, it has today filed, and is in the process of serving, proceedings in the Supreme Court of New South Wales. Those proceedings seek a determination by that Court of the validity of the purported meeting of 15 January 2019, including the effectiveness of the purported resolutions to remove Aurora as responsible entity of ABW and appointing Primary in its place.

The Australian Securities and Investment Commission has today changed its register to show Primary Securities Ltd as the responsible entity for the Aurora Absolute Return Fund as from 29 January 2019. This results from a meeting of members of ABW held on 15 January 2019 where 91% of the members present resolved to amend the Constitution of ABW and remove Aurora Funds Management Limited as responsible entity of ABW and appoint Primary Securities Ltd.

NAV per Unit of the Fund including franking credits as at 30 January 2019 was $0.2800.

NAV per Unit of the Fund including franking credits as at 29 January 2019 was $0.2800.

Aurora advises that it has been informed by the Australian Securities and Investments Commission (ASIC) that ASIC has, contrary to the submissions made by Aurora, entered a change of the responsible entity of the Fund from Aurora to Primary Securities Ltd in ASIC's record of registration for the Fund. This change in the record, however, does not determine the validity of the purported change of responsible entity. That will depend on the determination of the validity of the purported meeting of 15 January 2019 and the business transacted at that meeting. Aurora is in the process of preparing an application to the Court to determine the validity of the purported meeting of 15 January 2019 and the business transacted at that meeting. Aurora continues to maintain that the meeting was not properly called and held, and that the resolutions are of no legal effect. This position is not affected in any way by the acts of ASIC in entering a change in responsible entity in its record of registration for the Fund. Accordingly, Aurora will not hand over the assets and records of the Fund to Primary unless the Court determines, contrary to Aurora's views, in favour of the validity of the meeting and its resolutions.

NAV per Unit of the Fund including franking credits as at 25 January 2019 was $0.2900.

The company releases newsletters for the following dates: 31 May 2018, 30 June 2018, 31 July 2018, 31 August 2018, 30 September 2018, 31 October 2018, 30 November 2018 and 31 December 2018.

Net Asset Value per Unit of the Fund including franking credits as at 24 January 2019 was $0.2900.

The company releases a notification of dividend/distribution.

Net Tangible Asset Value per Unit of the Fund including franking credits as at 31 December 2018 was $0.2914.

Net Tangible Asset Value per Unit of the Fund including franking credits as at 31 October 2018 was $0.3105.

Net Tangible Asset Value per Unit of the Fund including franking credits as at 30 November 2018 was $0.3168.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 23 January 2019 was $0.2900.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 22 January 2019 was $0.2925.

The estimated Net Asset Value per Unit of the Fund including franking credits as at 21 January 2019 was $0.2925.

The securities of Aurora Absolute Return Fund will be suspended from quotation immediately under Listing Rule 17.3, pending clarification of the validity or otherwise of the appointment of a new responsible entity of ABW. The securities will remain suspended until further notice.

The suspension of trading in the securities of Aurora Absolute Return Fund (the "Fund") will be lifted immediately following release of an announcement by the Fund.

The Fund invests into a Master Fund and the Master Fund has temporarily suspended applications and redemptions which means that there is no liquidity in the Master Fund. The Master Fund holds Antares Energy Limited Convertible Notes which is approximately 8.09% of the net asset value of the Master Fund. Aurora is working towards creating a liquidity mechanism in the Fund, which will provide an opportunity for investors to redeem the liquid portion of the Fund and provide investors with an entitlement to the illiquid portion. This is likely to be off market rather than through the ASX. Aurora's view is that this is likely to provide the best opportunity for investors to maximise their returns.

The securities of Aurora Absolute Return Fund (the "Fund") will be suspended from quotation immediately, at the request of the Fund, pending the release of an announcement in relation to the value of the Antares Energy Limited Convertible Notes.

The suspension of trading in the securities of Aurora Absolute Return Fund (the "Fund") will be lifted immediately following release of an announcement in relation to the value of the Antares Energy Limited Convertible Notes and lodgement of the Fund's half year accounts for the half year ended 31 December 2015.

The company lodges its Interim Report for the half-year ended 31 December 2015.

Aurora Funds Management Limited as Responsible Entity of the Aurora Absolute Return Fund refers to its voluntary suspension from trading and recent announcements in relation to Antares Energy Limited Convertible Notes. The Noteholders meeting was held on 31 March 2016, however, the vote did not proceed and the Noteholders meeting has been postponed until 29 April 2016. Aurora advises that its voluntary suspension is expected to remain in place for an additional period of up to one month or until further information becomes available.

Aurora Funds Management Limited as Responsible Entity of the Aurora Absolute Return Fund announces that as a Noteholder of Antares Energy Limited Convertible Notes, it has received a circular from the Trustee of the Notes that the Trustee has convened a meeting of Noteholders. At the meeting, the Noteholders will be asked to consider, and if thought fit, pass a resolution to have an independent investigator appointment to conduct an independent review in relation to the sale of "˜Northern Star' and "˜Big Star'.

The company releases a letter to its unitholders regarding the suspension of applications and redemptions and suspension from trading on ASX.

The securities of Aurora Absolute Return Fund (the "Fund") will be suspended from quotation immediately, at the request of the Fund, pending the release of an announcement in relation to the value of the Antares Energy Limited Convertible Notes and lodgement of the Fund's Half Year Accounts for the half year ended 31 December 2015

name changed from Aurora Sandringham Australian Equity Income Trust