Series Unit Values Sample Clauses

Series Unit Values. Each Series Unit Value of the Fund, which is the price at which Units of a particular Series of Units of the Fund may be purchased or redeemed, will be determined as of each valuation day by dividing the relevant Series Net Asset Value by the total number of outstanding Units of such Series on such valuation day and adjusting the number so obtained to the nearest whole cent. The number of outstanding Units of a particular Series of Units on a valuation day does not include Units of that Series to be issued (including by way of reinvestment of distributions by the Fund).‌