Tidal Investments Corrects China AI Tigers ETF Price
The fund's net asset value is now $10.72 per share following a correction for a recent accounting error.
Updated on Oct. 29, 2026 in Investing
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Tidal Investments corrected an accounting error that caused the net asset value of the China AI Tigers LLM ETF to be understated. The adjustment ensures that shareholder accounts reflect the accurate value of $10.72 per share.
Why it matters
Accurate fund valuation is critical for investors to track the performance of their holdings and make informed decisions. This correction fixes a discrepancy that exceeded standard reporting thresholds, though no fund orders were affected by the temporary error.
The fund reported an understatement of $0.1384 per share, which exceeded 0.5% of the total net asset value. The corrected value for the China AI Tigers LLM ETF stands at $10.72 per share.
The players
Tidal Investments
An investment management firm that provides administrative and operational oversight for exchange-traded funds.
China AI Tigers LLM ETF
An exchange-traded fund that provides investors exposure to artificial intelligence companies.
The details
The error was triggered by a duplicate total return swap reset recorded within the fund's accounting system. This internal technical failure led to an incorrect net asset value calculation on October 23, 2026. While the discrepancy surpassed the 0.5% threshold, no trading orders were executed based on the flawed data, and the fund itself realized no net gain or loss from the adjustment.
Timeline
October 23, 2026: Date of initial NAV error.
October 26, 2026: Date the NAV error was corrected.
Money Landscape
Investment firms are required to maintain strict accounting controls to ensure share prices accurately reflect portfolio assets. This adjustment follows standard regulatory guidelines for NAV reporting and error correction.
Investors currently holding shares of this ETF do not need to take action, as the fund confirms the correction resulted in no loss to the fund. Review your recent account statements to ensure your position reflects the updated $10.72 per share valuation.
The takeaway
Technical accounting errors can create temporary discrepancies in fund pricing, but they are typically resolved internally without impacting investor accounts. If you notice persistent valuation issues in your brokerage statements, contact your financial professional to review your holdings.
Further reading
For more on managing your portfolio, visit the Investing section.
Source note: This article includes information reported by The Manila times.
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