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Currency in which an investment fund keeps its accounts and in which the NAV is calculated and published (not to be confused with the investment currency or the reference currency). The NAV on which the issue and redemption of units/shares is based can be translated into other currencies (pricing currency).

Term-Nr.: 17

German: Rechnungseinheit (655)

Source: Swiss Fund Data m. e. E., 20.10.2018

Notice: The contents of this terminology collection Lawpedia® with a focus on business law (especially financial market law) have been researched with great care and compiled on the basis of an extensive flash card, training materials and literature. The various sources (as far as they could be found) can be found in the abbreviations and source references. References to other sources are welcome. Despite the care taken, the provider cannot accept any liability for the accuracy, completeness and topicality of the information provided. The information is of a general nature in particular and does not constitute legal advice in individual cases.

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