COLL S4.15 Valuation and Pricing

(1) A provision stating that there must be only a single forward price for any unit calculated from time to time by reference to a particular valuation point.
(2) Details of the following:
(a) how frequently, and at what times of the day, the scheme property must be regularly valued to calculate the price at which units in the scheme may be issued or redeemed, and a description of any circumstances in which the scheme property may be specially valued;
(b) how the value of the scheme property must be calculated in relation to each purpose for which it must be valued;
(c) how the price of units in each class must be calculated;
(d) where, and at what frequency, the most recent prices must be published.
Derived from QFCRA RM/2010-05 (as from 1st January 2011)