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Net Asset

Representing one of the core indices for measuring SIF Banat-Crișana’s performance, valuation of assets for the calculation of SIF Banat-Crișana’s net asset value is performed pursuant to the provisions of ASF Regulation no. 9/2014 (art. 113-122) and ASF Regulation no. 10/2015.

The net asset value (NAV) is calculated as the total value of assets less the total value of liabilities and prepaid revenues. The assets items that determine the net asset value are estimated and reflected in the net asset of SIF Banat-Crișana in accordance with the regulations above mentioned.

The net asset value is certified by BRD – Groupe Société Générale, the depository of SIF Banat-Crișana’s assets.

In accordance with the provisions in force,  net asset value calculated monthly is submitted to ASF and BSE (BVB) and posted on Company’s website within 15 days from the end of the reporting month.

Net asset value per share = Net asset value ⁄ Number of shares issued and outstanding