IHTM18095 - Stocks and shares: valuation: unit trusts
For unit trusts, investment trusts and open-ended investment companies (IHTM34141), the London Stock Exchange listings (IHTM18092) may show two prices. Take the 바카라 사이트˜bid price바카라 사이트™, which is the lower of the two prices. If there was no price published on the date of death, take the last price published before that date.
Watch out for:
dividends
Newspapers do not show dividends (IHTM18110) due on unit trusts.
If the amounts involved appear likely to be worthwhile, you should ask the taxpayer to provide a fund manager바카라 사이트™s letter (or accept similar documentary evidence) to confirm the value of any dividends.
the correct fund name
With unit trusts etc, listed in the Financial Times under the 바카라 사이트˜FT Managed Funds Service바카라 사이트™ take care to value the right management group. Many companies will be listed more than once because they offer a large variety of investments.
additional markings
These will affect the value of the units and you can find details at IHTM18098.