| has gloss | eng: The Unit Valuation System (UVS) was developed by Mutual Funds and Unit Trusts, as a means of determining fund performance in an environment where there are frequent cash contributions and withdrawals. The UVS is commonly used by Investment Clubs to apportion ownership between Investment Club members, however it can also be used by individual investors as a time weighted return metric. UVS is now commonly used by Investment Clubs as it enables club members to make flexible monthly contributions (subscriptions) and withdrawals through the process of purchasing and cancelling units. |
