Daily Return definition

Daily Return means the difference between the Gross Asset Value per Share and the larger of a) the prior day Net Asset Value per share and b) the High Water Mark.
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Daily Return means with respect to a Valuation Date,
Sample 1

Examples of Daily Return in a sentence

  • The formula for Total Daily Return is as follows:Total Daily Return = Income Return + MTM Return + Principal Return The Principal Return is generated using the following formula: Principal Return = Prepayed Principal Return + Scheduled Principal Return Continued on the following page.

  • The daily return on investment of the STMMT will be reduced by the daily portion of this fee to determine the “Net Daily Return on Investment” earned on the Daily Balance of each Participant in the STMMT.

  • Step 1 - Calculate the Daily Excess Return (“DER”) as follows: DER t = BCOM t / BCOM_S t - 1 - 1Step 2 - Calculate the Treasury Bill Daily Return as follows: Step 3 - Calculate the Total Return as follows: BCOM TR t = BCOM TR_S t - 1 x ( 1 + DER t + TBD t ) BCOMTR t is rounded to 8 decimal places.

  • The S&P GSCI ER is, therefore, calculated based on the Contract Daily Return.

  • The S&P GSCI TR ref lects the performance of a total return investment in commodities ² Contract Daily Return plus the daily interest on the funds hypothetically committed to the investment.

  • The Benchmark for the Fund shall be Weighted Average Daily Return of KMI-30 Index and saving rates of Islamic Banks or windows of Scheduled Islamic Banks based on the Fund’s actual Proportion in the Equity & Money Market Components.

  • Statement of Investment Objective The objective of this Fund is to invest in world-wide equities with the aim of outperforming the average of the world's equity markets, as presented by the MSCI Daily Return Net World USD (the "Benchmark").

  • When all Return Ballot Packages have been deposited in the Drop Box, Election Officials will seal the Drop Box, and attach a Daily Return Ballot Package count form to the outside of the Box.

  • The parties expressly waive their right to a jury trial, a bench trial or any trial proceeding other than arbitration.

  • Harlequin Centre – Income, Banking & ReconciliationAudit Sponsor A review of the Daily Return spreadsheets, for the five days under review, showed several errors.

Related to Daily Return

  • Reference Asset Return means, in respect of a Reference Asset and an Exchange Business Day, an amount expressed as a percentage equal to (i) the Closing Price for such Reference Asset on such Exchange Business Day minus the Initial Reference Asset Price, divided by (ii) the Initial Reference Asset Price. The Reference Asset Return will be a price return and will not take into account dividends and/or distributions paid by the issuers or constituents of the Reference Assets.

  • Weighted Reference Asset Return means for each Reference Asset contained in the Reference Portfolio and on any day, the product of (i) the Reference Asset Return and (ii) the Reference Asset Weight.