Net Asset Value(s)

The table reports fund units and NAV per unit for five USD-denominated share classes, dated 2026/10/19. NAV per unit ranged from 9.9349 (USD DIST; 777,000 units) to 27.7807 (NT LSTD PRV EQ UCITS; 9,822,917 units); no market move or other news is reported.

Analysis

This is a single-day NAV/unit snapshot, not an investable catalyst: there is no prior valuation, market price, benchmark, flow history, or portfolio look-through to establish performance, discount/premium, liquidity, or underlying exposure. The abbreviated product names are insufficient to reliably identify strategies, so no directional inference about equities, duration, or other risk factors is supportable. Multiplying reported units by NAV gives roughly $481.7 million across the five lines, but that is only an arithmetic total; without knowing whether units represent outstanding shares, a portfolio position, or another reporting measure, it should not be treated as AUM or exposure. Near-term risk is operational rather than fundamental: stale or erroneous NAVs, share-class/currency mismatches, and ETF price-to-NAV dislocations. No trade is warranted from this data alone.

Key Decisions for Investors

• No directional position on the basis of this snapshot. First verify the issuer, full share-class names, valuation methodology, and whether reported units are shares outstanding or a specific investor holding.
• Before using the figures for risk allocation, obtain prior-day and longer-term NAVs, exchange prices, benchmark returns, and fund flows; compare ETF prices with NAV to identify any persistent discount/premium or liquidity deterioration.
• Treat a material NAV/market-price divergence, delayed valuation, or unexplained unit change as an operational alert—not a thesis—until confirmed against the issuer or administrator.
• Revisit only if look-through holdings or verified exposure data reveal a concentrated factor, sector, currency, or duration risk; that information is currently missing.