PRIV 6.2.3 Valuation Points

(1) An open-ended scheme must have a valuation point on each dealing day, other than a dealing day during the initial offer period.

Note Open-ended scheme is defined in r 1.2.7 (1). Valuation point, dealing day and initial offer are defined in the glossary.
(2) The operator of an open-ended scheme must prepare a valuation of the scheme property in accordance with rule 6.2.2 at each valuation point.
Derived from QFCRA RM/2010-06 (as from 1st January 2011)