Article 75: Incorrect Valuation or Pricing

Article 75: Incorrect Valuation or Pricing

a. The fund operator must record each instance where an asset of the public fund is valued incorrectly or the price of a unit is calculated incorrectly.

b. The fund operator must compensate all harmed unitholders (including former unitholders) as soon as reasonably practicable for all valuation or pricing errors

c. The fund manager must immediately report to the Authority any valuation or pricing error of )0.5%( or more of the price of a unit and disclose it immediately on its website and any other website available to the public according to the controls set out by the Authority and in the public fund's reports prepared in accordance to articles (78 ) of these Regulations

d. The fund manager, in its reports to the Authority pursuant to Article (79 ) of these Regulations, must provide a summary of all valuation and pricing errors.