Calculation Disclosure

November 16, 2023 9:25 PM EST
– Example companies for Startup Fund calculate parent company, while value-based funds calculate consolidated income statement
– The fund manager has taken into account any form of dilutions, IFRS or GAAP and Non-IFRS or GAAP
– The fund manager has taken into account minority interests
– The fund manager has taken into account mix-matched of currencies and numberings
– Interest rates for quantitative-based funds are estimated quickly and take into account the broker’s mark­ up
– The backtracked return can mix multiple companies or quantitative formulas
– Market price and currency rate calculations are sometimes not exactly on the last working day of the year
– The calculations often use rounded numbers
– The fund manager always tries to be as accurate as possible, but sometimes the data are limited, and human errors can occur