Calculation of various net asset values for issue and redemption based on bid or ask prices, brokerage and other ancillary fees. The fund management calculates two different inventory values for the issue and redemption of shares based on the bid or ask prices for the assets plus or minus brokerage and other ancillary fees. The transaction costs are defined in the spread.
German: Dual Pricing (285)
Source: SFO D15 2010 m. e. E., 24.04.2010