COLL 8.2.10 Valuation Points—QFC Retail Schemes

(1) A QFC retail scheme must not have less than 2 regular valuation points in any month and, if there are only 2 valuation points in any month, the regular valuation points must be at least 2 weeks apart.

Note The prospectus of a QFC retail scheme must contain information about its regular valuation points for the purpose of dealing in units in accordance with rule S4.15 (Valuation and pricing).
(2) No valuation points are required during the initial offer period.

Note Initial offer is defined in the glossary.
Derived from QFCRA RM/2010-05 (as from 1st January 2011)