Issue

How are the assets valued in Class Portfolio or Class Trust after a period update has been run?

Resolution

For Class Portfolio or Class Trust, the previous default was to carry assets at book cost. However, a change has been made to the Asset Valuation Method meaning assets are now carried at market value.

For the new portfolios and trusts loaded into Class Portfolio or Class Trust, the Asset Valuation Method is inherited from the Business level. The Asset Valuation Method will be, by default, at market value.

For the existing portfolios and trusts in Class Portfolio or Class Trust, the Asset Valuation Method remains the same as it was earlier, i.e it is unchanged.