AVERAGE NET ASSETS. The term "average net assets" of a Fund as used herein for any period shall mean the quotient produced by dividing (i) the sum of the net assets of the Fund, as determined in accordance with procedures established from time to time under the direction of the Board of Trustees of the Trust, for each calendar day of such period, by (ii) the number of such days.
Appears in 35 contracts
Samples: Investment Advisory Agreement Constellation Funds (Touchstone Funds Group Trust), Investment Advisory Agreement Constellation Funds (Touchstone Funds Group Trust), Investment Advisory Agreement Constellation Funds (Touchstone Funds Group Trust)
AVERAGE NET ASSETS. The term "average net assets" of a Fund as used herein for any period shall mean the quotient produced by dividing (i) the sum of the net assets of the Fund, as determined in accordance with procedures established from time to time under the direction of the Board of Trustees Directors of the TrustCompany, for each calendar day of such period, by (ii) the number of such days.
Appears in 6 contracts
Samples: Agreement (Usaa Mutual Fund Inc), Agreement (Usaa Tax Exempt Fund Inc), Administration and Servicing Agreement (Usaa Mutual Fund Inc)
AVERAGE NET ASSETS. The term "average net assets" of a Fund as used herein for any period shall mean the quotient produced by dividing (i) the sum of the net assets of the Fund, as determined in accordance with procedures established from time to time under the direction of the Board of Trustees of the TrustBoard, for each calendar day of such period, by (ii) the number of such days.
Appears in 6 contracts
Samples: Investment Subadvisory Agreement (Usaa Investment Trust), Investment Subadvisory Agreement (Usaa Mutual Fund Inc), Investment Subadvisory Agreement (Usaa Mutual Fund Inc)
AVERAGE NET ASSETS. The term "βaverage net assets" β of a Fund as used herein for any period shall mean the quotient produced by dividing (i) the sum of the net assets of the Fund, as determined in accordance with procedures established from time to time under the direction of the Board of Trustees of the Trust, for each calendar day of such period, by (ii) the number of such days.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Touchstone Funds Group Trust), Investment Advisory Agreement (Touchstone Funds Group Trust), Touchstone Funds Group Trust
AVERAGE NET ASSETS. The term "average net assets" of a Fund or class as used herein for any period shall mean the quotient produced by dividing (i) the sum of the net assets of the Fund or class (computed in the manner set forth in the Fund, 's most recent Prospectus and Statement of Additional Information) determined as determined in accordance with procedures established from time to time under the direction of the Board close of Trustees of business on each business day throughout the Trust, for each calendar day of such periodmonth, by (ii) the number of such days.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Usaa Mutual Funds Trust), New Advisory Agreement (Usaa Mutual Funds Trust)
AVERAGE NET ASSETS. The term "average net assets" assets of a Fund as used herein for any period shall mean the quotient produced by dividing (i) the sum of the net assets of the Fund, as determined in accordance with procedures established from time to time under the direction of the Board of Trustees of the Trust, for each calendar day of such period, by (ii) the number of such days.
Appears in 1 contract
Samples: Investment Sub Advisory Agreement Constellation Funds (Constellation Funds)
AVERAGE NET ASSETS. The term "average net assets" of a the Fund as used herein for any period shall mean the quotient produced by dividing (i) the sum of the net assets of the Fund, as determined in accordance with procedures established from time to time under the direction of the Board of Trustees of the TrustBoard, for each calendar day of such period, by (ii) the number of such days.
Appears in 1 contract
Samples: Investment Advisory Agreement (Mosaic Equity Trust)
AVERAGE NET ASSETS. The term "average net assets" assets of a Fund as used herein for any period shall mean the quotient produced by dividing (i) the sum of the net assets of the Fund, as determined in accordance with procedures established from time to time under the direction of the Board of Trustees of the Trust, for each calendar day of such period, by (ii) the number of such days.. (j)
Appears in 1 contract
Samples: Investment Sub Advisory Agreement Constellation Funds (Constellation Funds)
