Investments in Open ended funds - Printable Version +- Accountancy Forum (https://www.accountancy.com.pk/forum) +-- Forum: The Profession (https://www.accountancy.com.pk/forum/forum-the-profession) +--- Forum: Accounting and Audit (https://www.accountancy.com.pk/forum/forum-accounting-and-audit) +--- Thread: Investments in Open ended funds (/thread-investments-in-open-ended-funds) |
Investments in Open ended funds - wasrana - 06-20-2011 aoa, If investment in open ended fund is classified as held for trading then how is the value of already held units determined for the purpose of calculating gain/loss on disposal? - sohail kashif - 06-22-2011 Dear, on the date you want to know the vlaue take rate from web site of the fund and see the repurchase value. or you can call for statment of that particular date it seems like bank statement and will show the movement in the units and value at that date. Regards, |