Daily Accounting Services. BNY shall perform the following services on each Business Day:
Daily Accounting Services. 1. Calculate Net Asset Value ("NAV")
Daily Accounting Services. CMFS shall perform the following accounting services daily for each Portfolio:
Daily Accounting Services. A. Calculate Net Asset Value ("NAV") and Offering Price Per Share ("POP") Fund Level - Update the daily market value of securities held by the Funds using FPS's standard agents for pricing U.S. equity, bond and foreign securities. The U.S. equity pricing services are Reuters, Inc., Mullxx Xxxa Corporation, J.J. Xxxxx Xx., Inc. and Interactive Data Corporation (IDC). Mullxx Xxxa, Dow Jonex Markets (formerly Telerate Systems, Inc.), J.J. Xxxxx Xx., Inc., Municipal Market Data and IDC are also used for bond, money market prices/yields and foreign prices/exchange rates. Bloomberg is available and used for price research. - Enter limited number of manual prices supplied by the Funds and/or broker. Update the daily market value of securities using an automated pricing file as supplied by the Funds. - Review variance reporting on-line and in hard copy for price changes in individual securities using variance levels established by the Funds. Verify US dollar security prices exceeding variance levels by notifying the Funds and pricing sources of noted variances. - Complete daily variance analysis on foreign exchange rates and local foreign prices. Notification of changes exceeding established levels for The Funds verification. (The Funds should establish tolerance levels for each country/currency so that local price changes and foreign exchange rate changes exceeding this tolerance are identified and NAV problems minimized). - Review for ex-dividend items indicated by pricing sources; trace to Fund's general ledger for agreement. Fund and Each Class - Allocate daily unrealized Fund appreciation/depreciation, unrealized currency gains/losses, and unrealized gains/losses on futures and forwards to classes based upon value of outstanding class shares. - Prepare NAV proof sheets. Review components of change in NAV for reasonableness. Complete Fund and class control proofs. - Communicate pricing information (NAV/POP) to the Funds, the Funds' transfer agent (the "Transfer Agent") and electronically to NASDAQ.
Daily Accounting Services. 1. Calculate Net Asset Value ("NAV") Per Share: . Update the daily market value of securities held by the Fund using FPS's standard agents for pricing U.S. equity and bond securities. The U.S. equity pricing services are Reuters, Inc., Xxxxxx Data Corporation, X.X. Xxxxx Co., Inc. and Interactive Data Corporation (IDC). Xxxxxx Data, Dow Xxxxx Markets (formerly Telerate Systems, Inc.), X.X. Xxxxx Co., Inc., Municipal Market Data and IDC are also used for bond and money market prices/yields. Bloomberg is available and used for price research. . Enter limited number of manual prices supplied by The Xxxxxxxx Funds, Inc. and/or broker. . Prepare NAV proof sheet. Review components of change in NAV for reasonableness. . Review variance reporting on-line and in hard copy for price changes in individual securities using variance levels established by The Xxxxxxxx Funds, Inc. Verify U.S. dollar security prices exceeding variance levels by notifying The Xxxxxxxx Funds, Inc. and pricing sources of noted variances. . Review for ex-dividend items indicated by pricing sources; trace to Fund's general ledger for agreement. . Communicate pricing information (NAV) to The Xxxxxxxx Funds, Inc., Fund's transfer agent ("Transfer Agent") and electronically to NASDAQ.
Daily Accounting Services. 1. Calculate Net Asset Value ("NAV") and Public Offering Price Per Share ("POP"): o Update the daily market value of securities held by the Fund using Investor Services Group's standard agents for pricing U.S. equity and bond securities as approved by the Board of Trustees. The U.S. equity pricing services are currently Reuters, Inc., Xxxxxx Data Corporation, X.X. Xxxxx Co., Inc. and Interactive Data Corporation ("IDC"). Xxxxxx Data Corporation, Dow Xxxxx Markets (formerly Telerate Systems, Inc.), X.X. Xxxxx Co., Inc., Municipal Market Data and IDC are also used for bond and money market prices/yields. Bloomberg is available and used for price research. o Enter limited number (less than 15) of manual prices supplied by the Fund and/or broker. o Prepare NAV proof sheets. Review components of change in NAV for reasonableness. o Review variance reporting on-line and in hard copy for price changes in individual securities using variance levels established by the Fund. Verify U.S. dollar security prices exceeding variance levels by notifying the Fund and pricing sources of noted variances. o Review for ex-dividend items indicated by pricing sources; trace to Fund's general ledger for agreement. o Communicate pricing information (NAV) to the Fund, Investor Services Group and electronically to NASDAQ.
Daily Accounting Services. A. Calculate Net Asset Value ("NAV") and Offering Price Per Share ("POP") Fund Level - Update the daily market value of securities held by the Fund using FPS's standard agents for pricing U.S. equity, bond and foreign securities. The U.S. equity pricing services are Reuters, Inc., Xxxxxx Data Corporation, X.X. Xxxxx Co., Inc. and Interactive Data Corporation (IDC). Xxxxxx Data, Dow Xxxxx Markets (formerly Telerate Systems, Inc.), X.X. Xxxxx Co., Inc., Municipal Market Data and IDC are also used for bond, money market prices/yields. Bloomberg is available and used for price research. - Enter limited number of manual prices supplied by the Fund and/or broker. - Review variance reporting on-line and in hard copy for price changes in individual securities using variance levels established by the Funds. Verify US dollar security prices exceeding variance levels by notifying the Funds and pricing sources of noted variances. - Review for ex-dividend items indicated by pricing sources; trace to Fund's general ledger for agreement. Fund and Each Class - Allocate daily unrealized Fund appreciation/depreciation and unrealized gains/losses on futures to classes based upon value of outstanding class shares. - Prepare NAV proof sheets. Review components of change in NAV for reasonableness. Complete Fund and class control proofs. - Communicate pricing information (NAV/POP) to the Funds, the Funds' transfer agent (the "Transfer Agent") and electronically to NASDAQ.
Daily Accounting Services. 1. Determine and Report Cash Availability to the Fund by approximately 9:30 a.m. Eastern Time: o Receive daily cash and transaction statements from the agent responsible for the safekeeping of the Fund's assets (the "Custodian") by 8:30 a.m. Eastern time. o Receive previous day shareholder activity reports from the Transfer Agent by 8:30 a.m. Eastern time. o Fax hard copy Cash Availability calculations with all details to the Fund. o Supply the Fund with 3-day cash projection report. Prepare daily bank cash reconciliations. Notify the Custodian and the Fund of any reconciling items.
Daily Accounting Services. 1. Calculate Net Asset Value ("NAV") and Public Offering Price Per Share ("POP"): Portfolio Level X Update the daily market value of securities held by the Fund using Investor Services Group's standard agents for pricing U.S. equity and bond securities as approved by the Board of Directors. The U.S. equity pricing services are Reuters, Inc., Mullxx Xxxa Corporation, J.J. Xxxxx Co., Inc. and Interactive Data Corporation (IDC). Mullxx Xxxa, Dow Jonex Markets (formerly Telerate Systems, Inc.), J.J. Xxxxx Xx., Inc., Municipal Market Data and IDC are also used for bond and money market prices/yields. Bloomberg is available and used for price research. X Enter limited number of manual prices supplied by the Fund and/or broker. X Review variance reporting on-line and in hard copy for price changes in individual securities using variance levels established by the Fund. Verify U.S. dollar security prices exceeding variance levels by notifying the Fund and pricing sources of noted variances. X Review for ex-dividend items indicated by pricing sources; trace to Fund's general ledger for agreement. Portfolio and Each Class X Allocate daily unrealized Portfolio appreciation/depreciation to classes based upon value of outstanding class shares. X Prepare NAV proof sheets. Review components of change in NAV for reasonableness. Complete Portfolio and class control proofs. 30 X Communicate pricing information (NAV) to the Fund, Investor Services Group and electronically to NASDAQ.
Daily Accounting Services. In addition to the maintenance of the books and records specified above, Winsbury shall perform the following accounting services daily for each Portfolio:
