Net Loss. A Net Loss for a particular fund or, in the case of a multi-class fund, a class results when aggregate Losses exceed aggregate Benefits (i.e., net redemptions on a day the fund’s or class’s NAV is overstated or net subscriptions on a day the fund’s or class’s NAV is understated) during the Error Period.
Appears in 143 contracts
Samples: Fund Accounting Agreement (T. Rowe Price International Index Fund, Inc.), Fund Accounting Agreement (T. Rowe Price International Funds, Inc.), Fund Accounting Agreement (T. Rowe Price Global Funds, Inc.)
