Net Asset Value(s)

The table reports Alpha UCITS ETF GBP share class data dated 19/10/2026: NAV of GBP 10.8394 per share and 156,822 shares outstanding. It lists total net assets of EUR 143,640.

Analysis

No investable signal is established: this appears to be a fund-level NAV disclosure, not evidence of a change in underlying holdings or portfolio fundamentals. The key issue is data integrity. The stated NAV per share and shares outstanding imply aggregate value materially above the reported net assets, so a malformed or misaligned table field is plausible. Do not infer fund flows, a valuation event, or distress from this extract alone.

Near term, any apparent discount/premium derived from these fields is unreliable; trading on it risks acting on a transcription error. Over the next 1–3 months, the relevant catalyst is confirmation in the issuer’s official NAV/factsheet and comparison with the exchange-traded price, using the correct GBP share class and reporting currency. Structurally, FX exposure and the fund’s holdings matter, but neither is provided. The view would change only if verified disclosures show a persistent NAV discrepancy, material outflows, or a change in holdings or fund operations.

Key Decisions for Investors

• No trade on this extract. Treat the reported net-assets figure and date as unverified pending confirmation against the issuer’s official disclosure.
• If monitoring the ETF, reconcile NAV, shares outstanding, total net assets, share-class currency, and date before assessing any premium/discount; do not trade on the apparent mismatch.
• No issuer or ticker is supplied, and the underlying holdings are unknown. Reassess only after obtaining the official factsheet and current market price; a persistent verified discount or operational issue would be the actionable alert.