03 Dec 2018 13:57

US financial markets closed 5 December: no NAV calculation

On 5 December 2018, net asset value will not be calculated for funds with more than 30% of their holdings in the US. NAV calculation resumes the following day.

US financial markets are closed Wednesday 5 December 2018 to honour, according to tradition, former US President George HW Bush who died recently. This also means that no net asset value will be calculated on this day for funds with more than 30% of their holdings in the US. Note that calculation of net asset values will resume on the following day, 6 December. See the attached pdf for a list of the Lux-domiciled funds affected by the closing.

Funds affected 5 December 2018