Assertion: fund | /r/CapableOf | use amortized cost method
Facets:
value: to value a portfolio security
type: PURPOSE
Source sentences:
text: Commission stated that it believed that a fund may only use the amortized cost method to value a portfolio security with a remaining maturity of 60 days or less when it can reasonably conclude, at each time it makes a valuation determination, that the amortized cost value of the portfolio security is approximately the same as the fair value of the security as determined without the use of amortized cost valuation.