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08:30 Jan 10, 2008
English to Italian translations [PRO] Bus/Financial - Investment / Securities
English term or phrase:dilution adjustment
As from 15 February 2007, the ACD’s policy on dilution will be to apply a dilution adjustment. The need to make a dilution adjustment will depend on the volume of purchases or redemptions of shares as described below linked to a fund. The ACD may make a discretionary dilution adjustment if in its opinion the existing shareholders (for purchases) or continuing shareholders (for redemptions) might otherwise materially be adversely affected.