All the Fund's assets and liabilities are accounted for their fair value. The fair value is assumed to be the sum of cash funds, which can be received in exchange of the corresponding asset, or which can be used in order to settle the corresponding liability, provided the transaction is performed between the competent and independent parties on the basis of mutual agreement.

The Fund assets value is determined on the basis of the last deal price -- for those securities included into the Fund's balance sheet that are listed on the Stock exchange, and on the basis of the calculated price -- for the fixed income securities that are not listed on the Stock exchange.

The Fund share represents the ownership rights equivalent to one Fund share value. Value of a single Fund share (Net asset value) is calculated as the product of the Fund assets total value division by the amount of shares outstanding.

The Fund assets value, incl. its assets and liabilities value, is determined on a daily basis -- for each banking day.

The Fund investor receives the income associated with the Fund shares only when the shares are sold to the third party, or requesting the Asset management company to buy the shares back from her/him.