Värderingsdatumet

Värderingsdatumet, often translated as valuation date or fixing date, is a specific point in time used in financial contexts, particularly in the calculation of net asset values (NAV) or the pricing of financial instruments. It is the date on which the market value of an asset or a portfolio of assets is determined. This date is crucial for ensuring that all transactions and calculations are based on a consistent and agreed-upon price.

In the context of investment funds, such as mutual funds or exchange-traded funds (ETFs), the värderingsdatumet is typically the end of a trading day. The NAV per share is then calculated using the closing prices of the underlying securities on that specific date. This calculated NAV is what investors use to buy or sell fund units. For example, if an investor places an order to buy or sell shares in a mutual fund, the transaction will be executed at the NAV calculated on the next available värderingsdatumet, which is usually the end of that business day.

The concept also applies to derivatives and other financial instruments where their value is contingent on the price of an underlying asset. The värderingsdatumet ensures that the strike price or settlement price is fixed at a precise moment, preventing disputes and ensuring fairness in trading and settlement processes. The choice of värderingsdatumet can therefore have a direct impact on the financial outcome for parties involved in a transaction.