In the simulator, value calculations are made only for funds traded on TEFAS.

The calculation takes into account the cut-off time for value determination, which may vary depending on the fund, and domestic and international holiday notifications.

On TEFAS, the value dates of fund buy and sell transactions are calculated based on the time the instruction is entered into the system; the transaction price and settlement date may therefore vary.

Value date calculations are based on the information provided by the fund issuer to the TEFAS system and are not definitive, as the fund issuer may make changes to this information.

For funds that collect orders on different dates and are settled at a later date, the value date calculation can be performed if a Book Building End Date has been defined for the fund in the TEFAS system.