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Shares of the Diocesan Investment
Trust (DIT) are valued on the last day of each month.
The value includes the total market value of the assets
and principal cash. An adjustment for expenses is
deducted from the income earned and the net earnings are
posted monthly and distributed quarterly to
participants.
Share values are posted on the DIT
web site and each shareholder receives a statement each
month.
Shares
may be purchased or redeemed once each month. The value
of shares purchased or redeemed is set in the above
manner. Purchase orders must be received by the record
keeper, NRS, at least three working days before the end
of a month. Redemptions are distributed approximately
ten working days after the end of a month.
To download a form for the
purchase or redemption of shares, please
click here.
More questions about how shares
are valued? Please contact Ted Forbath, Chief Financial
Officer, The Diocese of Los Angeles at
finance@ladiocese.org
or 800.366.1536 Ext. 233.
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