COLL Division 8.2.B Valuation and Pricing—QFC Retail Schemes

Note for div 8.2.B

The operator of a QFC retail scheme is responsible for valuing the scheme property and for calculating the price of units. This division protects unitholders and potential unitholders by—

(a) setting out rules to ensure that the price of units is calculated fairly and regularly; and
(b) allowing the operator to mitigate the effects of any dilution (reduction) in value of the scheme property caused by buying and selling underlying investments as a result of the issue or redemption of units; and
(c) ensuring that prices are made public in an appropriate way.
Derived from QFCRA RM/2010-05 (as from 1st January 2011)