Valuation, Calculation of Net Asset Value Per Share and Public Notice
Securities are valued according to relevant laws and regulations, and rights in the shares are handled as follows:
Rights Ex rights or ex dividends
Description In case of vesting and inclusion in the Fund, such rights are recognized
even if the day is not the record date for exercise of such right.
Commercial papers, etc.:
Benchmark return of debentures having the same credit rating and remaining term to maturity as those of the issuers Benchmark return of financial bonds having the same credit rating and
of Deposits (CD)
remaining term to maturity as those of the issuers
Ú Assets that are difficult to valuate fairly because of lack of trading on the date of valuation and assets that are restricted from, or unsuited for, sale in the market may be valuated at the price determined by the Indirect Investment Asset Valuation Committee, based on prices calculated according to relevant laws and regulations.
Calculation of Net Asset Value Per Share and Public Notice
Calculation of Net Asset Value Per Share ¾ The net asset value per share announced on a certain day is the amount equal to the Fund’s total assets on the balance sheet as of the preceding day minus the Fund’s total liabilities (“Total Net Asset Value”) divided by the total number of outstanding units as of the preceding day. ¾ The net asset value per share is calculated every day. ¾ The net asset value per share is published and announced every day. ¾ The net asset value per share is shown in terms of 1,000 shares and calculated to the third decimal point below one Korean Won and rounded up to the second decimal point.
Public Notice of the Net Asset Value Per Share
The net asset value per share on the date of initial creation is the KOSPI200 index of that day multiplied by 100. The asset manager calculates the net asset value per share very day, posts it at the offices of the distributor or the Authorized Participant, and publishes it at
the Korea Exchange. share may ask the
Shareholders distributor or
wishing to know the net asset value the Authorized Participant or can
information on it through the KRX. The asset manager may delegate the calculation of the share to a general administrator as provided in Article 2,
net asset value per Subparagraph 5, of
the Securities Investment Company Act.
In such case, the general
administrator must publish the net asset value per share at the Korea Exchange or at the business offices of the distributor or the Authorized Participant.
Websites of Related Parties of the Fund