Net Asset Value(s)

A fund valuation table lists NAV per unit on 16 October 2026, including AGI Global Equity Active at USD 10.0744 and GBP 7.544667788, and AGI Smart Europe Equity Active at GBP 8.484868527. The final AGI Smart US Equity Active entry is incomplete, showing 3,737,380 units and USD NAV per unit of 10.2544 in the preceding row, with a GBP entry beginning but no NAV shown.

Analysis

This is a fund valuation snapshot, not a return or holdings disclosure. NAV per unit in isolation cannot establish performance, investor flows, or underlying exposure; the USD and GBP entries for the same ISIN may reflect currency presentation rather than distinct portfolios, so do not treat them as independent signals. With no prior NAVs, distributions, holdings, or flow data, there is no defensible read-through to equity factors, regions, or individual securities. The immediate market impact is likely negligible. The main diligence risk is misreading a currency/share-class presentation or stale valuation as a market move.

Key Decisions for Investors

• No trade on this disclosure alone; it provides no actionable evidence about portfolio performance or underlying exposures.
• Before using the figures in performance or FX analysis, verify the share-class currency, NAV methodology, valuation timing, and whether the USD and GBP lines represent the same exposure.
• Reassess only with comparable prior-period NAVs (including distributions), fund-flow data, and current holdings; those are the inputs needed to test for meaningful performance or positioning changes.