Basis of valuation. The cost price of Custodial Investments will be calculated as at the date such investments were added to your portfolio or at the acquisition date as notified by you. If no cost is notified, the cost price of holdings will be zero. Where investments are shown in a currency other than New Zealand dollars, the cost price will be shown in the applicable overseas currency on the valuation. The basis for the valuation of listed securities will be as at last recorded market prices or as per SSP’s best information for unlisted securities or for those securities where there is no market.
Appears in 3 contracts
Sources: Investment Advisory Agreement, Investment Advisory Agreement, Investment Advisory Agreement