Level 3 investments

Investment assets whose valuation inputs are unobservable and significant, requiring significant discretion and judgment. Investments whose valuation inputs are unobservable and significant to the overall valuation. Financial assets whose valuation inputs are unobservable and significant to the overall valuation. A classification of investments based on their valuation inputs, typically involving unobservable inputs. Investments whose valuation techniques are not based on observable market prices and require significant judgment. Financial assets whose valuation is based on unobservable inputs.