Market Value Calculations
Unless otherwise indicated, all
calculations adhere to the standard rounding rules. For information on those
rules, see Standard Rounding Rules.
For bonds, Market Value = [Units x Unit Value] ÷ 100.
For all other investments, Market Value = Units x Unit Value.
We strongly advise
your institution not to use this process for determining market value for
alternative investments because the calculation method for this type of
investment already accounts for the known market value at the time. If the
process is used for this purpose despite this warning, market value for
alternative investments is calculated as for all other investments.
Update Current Tax Lot Balance Records
Process