(1) The valuation of assets and the calculation of the net asset value per unit or share must be carried out at intervals appropriate to the assets belonging to the investment fund and to the frequency of the issue and redemption of units or shares, but at least once a year.
(2) The criteria for determining the frequency of the valuation of assets, and for calculating the net asset value per unit or share, are determined by Articles 67 to 74 of Delegated Regulation (EU) No 231/2013.
(3) The net asset value per unit or share is disclosed under section 170. The valuation of assets must be disclosed in accordance with the relevant investment conditions; it must take place after every valuation.
Subdivision 2
Mixed Investment Funds