OTHER INVESTMENTS, NET

12 Months Ended

Jun. 30, 2019

NOTE 7 – OTHER INVESTMENTS, NET

The Company may also invest, with the approval of the Securities Investment Committee and other Company guidelines, in private investment equity funds and other unlisted securities. Those investments in non-marketable securities are carried at cost on the Company’s balance sheet as part of other investments, net of other than temporary impairment losses.

Other investments, net consist of the following:


Type	June 30, 2019		June 30, 2018
Private equity hedge fund, at cost	$	376,000	$	554,000
Other investments		236,000		259,000
	$	612,000	$	813,000