Glossary

ABCDEFGHIJLMNOPRSTUVWYZ 
 

Current market value

This represents the basis for the valuation of the fund’s assets. For securities funds, the current market value is derived from the closing prices of the currencies and portfolio holdings of the fund on the valuation date. In the case of real estate funds, it is established or verified by independent assessors. The auditors of the fund must provide an opinion on these assessed values.
ABCDEFGHIJLMNOPRSTUVWYZ 

close