Net Asset Value(s)

A fund disclosure lists the ALPHA UCITS ETF FAIR GBP share class on 5 November 2026, with ISIN LU2825557270. It reports a NAV of GBP 10.8583 per share, 156,822 shares outstanding and total net assets of EUR 155,463.

Analysis

This is a reporting fragment, not an investment catalyst: it provides no holdings, benchmark, performance history, flows, or underlying exposure from which to infer winners, losers, or valuation effects. The figures also appear internally inconsistent: NAV per share multiplied by shares outstanding implies roughly GBP 1.70 million, while the rendered net-assets field appears to show EUR 155,463. Currency conversion cannot plausibly be assessed without the correct amount and date-specific FX, so the discrepancy is more likely a formatting or extraction issue than evidence of a fund-level event. No issuer identity or ticker is supplied. Immediate market impact is therefore negligible; any trade based on this fragment risks mistaking a document error for a change in fund value. Reassess only after validating the original filing and obtaining the fund’s holdings and relevant pricing/FX data.

Key Decisions for Investors

• No trade on this excerpt; it contains no actionable information about portfolio exposures or a change in economic value.
• Verify the original fund document, especially the net-assets figure, reporting date, and currency, before using the NAV or shares outstanding.
• If the figures are confirmed, review holdings, benchmark, and market-price-to-NAV data; a persistent, material discount or premium—not this apparent transcription mismatch—could warrant follow-up.