Moneda LatAm Fixed Income Fund (TSX:MLF.UN) announced on Tuesday that an administrative error caused fund’s published net asset value (NAV) per unit to be overstated for the period between July 3 and Sept. 30., with the maximum difference for any day being $0.23 per unit, or approximately 2.75-3.0%.

The error was corrected in the closed-end fund’s NAV per unit published on Oct.1, the funds says in a statement.

During the affected time period there were no offerings of or subscriptions for units of the fund at the originally published NAV per unit, the fund says, while 1,000 units of the fund were redeemed on Aug. 28.

The manager of the fund, Scotia Managed Companies Administration Inc. (SMCAI), intends to reimburse the fund for the overpayment of redeemed units and overpayment of management fees resulting from the error and to compensate affected unitholders who traded units during the relevant period in accordance with the fund’s policies and procedures.

The class A units of the fund are listed for trading on the Toronto Stock Exchange under the symbol MLF.UN.