Net Asset Value(s)

The Alpha UCITS ETF GBP share class reported a NAV of GBP 10.8316 per share on 6 October 2026. It had 156,822 shares outstanding and total net assets of EUR 142,990.

Analysis

This is a weak investment signal and a potentially material data-quality issue, not a basis for directional exposure. If the reported net assets are €142,990, that figure does not appear to reconcile with 156,822 shares at £10.8316 per share (about £1.70m before currency conversion). The source may have lost digits or column alignment; the date is also ambiguously formatted. Do not infer fund distress, flows, or a valuation event from this extract. Near term, the relevant risk is operational: stale or misreported NAV data could affect price discovery and create avoidable execution errors. Over the next 1–3 months, the signal stays negligible unless an official source confirms a persistent NAV-to-assets discrepancy, abnormal discounts/premiums, or a trading/creation-redemption disruption. No structural conclusion is supported.

Key Decisions for Investors

• No trade on this extract alone; do not treat the apparent net-assets figure as verified.
• Before transacting, reconcile the NAV, shares outstanding, total net assets, currency, and reporting date against the fund’s official factsheet or administrator data.
• Watch for an independently confirmed persistent NAV/market-price discount or premium, and for notices about valuation, trading, or creation/redemption; those would be actionable follow-up signals.
• Falsify the data-quality concern if the official source shows the figures were only misaligned in this transcription and reconciles the fund’s NAV and assets.