First - Fund Blue chips iNAV

Intraday net asset value of the fund (iNAV) is the difference relation between the cost of all assets constituting the exchange-traded fund, and the size of all obligations which are subject to execution at the expense of the specified assets, to quantity of the issued units of the exchange-traded fund estimated at the time of determination of the unit price. It is calculated based on market price of the assets.

iNAV is calculated on the basis of an agreement with the asset management company that manages the exchange-traded mutual investment fund in accordance with Bank of Russia Instruction Bank of Russia Ordinance No. 4713-U, dated 31 January 2018 "On the requirements for the rules to determine and disclose the intraday net asset value of the fund (iNAV), which rules are set forth in an agreement serving the basis for the admission of such investments units of the exchange-traded mutual investment fund to organized trading".