Training - UCIs Fund Accounting - Controlling a Net Asset Value (NAV)

How long does the training course last?

12,00 hours(s)

In which language(s) is the training course taught?

When will the next session take place?

Who is organising this training course?

Fondation créée en 2015 par la Chambre de Commerce et l’Association des Banques et Banquiers Luxembourg (ABBL), la House of Training est un organisme agréé de formation professionnelle continue qui s'engage à contribuer activement à la compétitivité et à l'attractivité du Luxembourg en développant les compétences de ceux qui font vivre son économie.

What are the aims or the skills being targeted?

By the end of this course, you will have a good understanding of:

the principles and provisions of CSSF circular 24/856
the risk of errors in calculating the NAV of UCIs
the means of control

The course will end with a practical exercise to help you understand these principles.

What does the training course cover?

Principles of CSSF circular 24/856
Risks of error in calculating the NAV of UCIs
- Linked to the valuation of investments
- Linked to the accounting treatment of classic and complex transactions
- Linked to the calculation of fees and commissions
Means of control
- Global tools: comparison with benchmark indices, statistical regression, analytical review of the income statement
- Specific tools: personalized checklist, reconciliation of securities positions and bank accounts, list of open positions, warning report on exchange and stock market prices, control of investment restrictions and policies