This value is determined twice a year, on dates six months apart, based on the audited financial statements. It is published through a press release a few weeks after the end of each six-month period, around June 23 and December 23.
In exceptional circumstances, including those provided for in the Policy for the Management of Extreme Cases, the Fonds may revaluate the price of the shares in the course of the six-month period, if the performance of some of its assets shows extreme fluctuations. In the event of a revaluation, the Fonds will implement a procedure for communicating with its shareholders.