Participation Units Value Calculation

The price of each Participation Unit (PU) – NAV (Net Asset Value) will be calculated weekly using a simple formula:

  • NAV=Account Balance/Number of Participation Units

On the 20th May of each year the revenue of the Fund will be calculated using the following formula:

  • Return= [Account Cash Balance on 20th May (t) – Account Balance 20th (t-1)]/total PUs]*nÂș PUs held

t= current year
t-1 = previous year

Leave a Reply