News
The NAV of a GILD Arbitrage Fund Unit as at 31.12.2009
15.01.2010
Fund management company of GILD Arbitrage has determined the net asset value (NAV) of a Fund Unit as at the end of 2009 in accordance with the Fund Rules registered by the Financial Supervision Authority last week. The NAV of a Fund Unit is EUR 5,0729 as at 31.12.2009.
In the calculation of the NAV the fund management company has followed the principles provided in the Fund Rules and a conservative methodology which has been discussed with the auditors of the Fund. Auditor Ernst & Young has launched the audit of the Fund`s activities in 2009. According to the Fund Rules annual report of the Fund will be made available to Unit Holders no later than 4 months after the end of the financial year of the Fund.