As at 31 July 2008 the total assets managed by NAM on behalf of institutional and retail clients amounted to approximately N$ 8.0 billion. This figure includes funds that form part of the pooled fund or unit trusts– the NAM Coronation Balanced Defensive Fund, the NAM Coronation Strategic Income Fund and the NAM Medical Absolute Fund. As at the end of July 2008, the segregated funds had a total market value of N$ 8.0 billion, the market values of the NAM Coronation Balanced Defensive Fund, the NAM Coronation Strategic Income Fund and the NAM Medical Absolute Fund were N$ 6.0 million, N$ 5.6 million and N$ 26.2 million, respectively.