Procedure Steps. ITG’s fair value model (FVM) will be used for all international equity securities in Federated Funds. The fair value procedure will be implemented when a significant (i.e. 0.5% or greater) change in either of two fair value triggers occurs. BNY will monitor the triggers on a daily basis as follows:
Appears in 9 contracts
Samples: Fund Accounting Agreement (Federated Premier Municipal Income Fund), Fund Accounting Agreement (Federated MDT Equity Trust), Fund Accounting Agreement (Federated Premier Municipal Income Fund)
Procedure Steps. ITG’s fair value model (FVM) will be used for all international equity securities in Federated Funds. The fair value procedure will be implemented when a significant (i.e. 0.5% or greater) change in either of two fair value triggers occurs. BNY SSB will monitor the triggers on a daily basis as follows:
Appears in 3 contracts
Samples: Financial Administration and Accounting Services Agreement (Federated Fixed Income Securities Inc), Financial Administration and Accounting Services Agreement (Federated Us Government Bond Fund), Financial Administration and Accounting Services Agreement (Federated Adjustable Rate Securities Fund)
