Date* = the decisive day for determining the unit value:

• for the issue of unit certificates, the day on which the investment is credited to the fund’s account (if IAD received a complete Request for Shareholder Registration and Issue of Unit Certificates)
• for the redemption of unit certificates, it is the day of delivery of the complete Application for Redemption of Unit Certificates to IAD.
  The investment or Application for Redemption is processed on the next business day.

1M** = one-month change

The price of the unit certificate at which the unit certificate will be redeemed is not known on the date of delivery of the Application for Redemption of Unit Certificates.

The valuation of the assets and liabilities in the mutual fund and the determination of the unit price applicable on the date of receipt of the Application for redemption of units and at which the units will be redeemed is always carried out only subsequently, e.g. In the case of daily valuation frequency, on the next business day following the day on which the Application for redemption of Units is received and accepted for processing, i.e. Units will not be redeemed at the Unit price displayed on the IAD website www.iad.sk or on IAD ONLINE when the Application for redemption of Units is submitted.

The exact procedure and frequency of valuation of assets and liabilities in a mutual fund can be found in the Articles of Association of each mutual fund.