Open on EUR-Lex ↗

Recital 10

Recital 10

(10)As a characteristic of swing pricing, a UCITS should determine a swing factor to be used to adjust the net asset value of its units or shares. To ensure that all subscribing and redeeming investors pay or receive the same price when purchasing or redeeming units or shares in a UCITS, the published net asset value of the units or shares of that UCITS should be the net asset value after application of the swing factor.

Official text · the act as publishedFrom the act as published (consolidated texts do not carry recitals or the preamble). Open full page ↗
5 queries · page built in 4 msInventory f82bbfa3