Examples of Fund Interest Unit in a sentence
For Manufacturing Enterprises: Investment in plant and machinery (i.e. original cost excluding land and building and the items specified by the Ministry of Small Scale Industries vide its notification No. S.O.1722( E ) dated October 5, 2006 :Rs….Lacs.
The price of a Fund Interest Unit may be affected by economic, financial, political and regulatory events that affect financial markets generally (including, for example, factors affecting the exchange(s) or quotation system(s) on which any such Fund Interest Unit may be traded.
If the Issuer determines that the Fund-Linked Program Securities will continue, this may result in the substitution of the affected Fund Interest Unit with other Fund Interest Units with similar characteristics or adjustments to the Conditions of the Program Securities to account for the occurrence of the relevant event.
The market price of a Fund Interest Unit in the Reference Fund may be volatile and may depend on the time remaining to the redemption date or settlement date (as applicable) and the volatility of the price of a Fund Interest Unit, and may also be affected by the performance of the fund service providers, and in particular the investment adviser.
Program Securities linked to the performance of fundsThe Issuers may issue Program Securities where the redemption amount or, if applicable, the interest amount in relation to Fund-Linked Notes or the return, in relation to Fund Securities (together with the Fund-Linked Notes, "Fund-Linked Program Securities") is linked to the performance of a unit, share or other interest in a fund (each a "Fund Interest Unit") or a basket of Fund Interest Units.
The price of a Fund Interest Unit may be affected by economic, financial, political and regulatory events that affect financial markets generally (including, for example, factors affecting the exchange(s) or quotation system(s) on which any such Fund Interest Unit may be traded).
The Index Calculation Agent determines, at any time, that the reported net asset value of a Fund Interest Unit of an Underlying Fund misrepresents the net asset value of such Fund Interest Unit.
In respect of an Underlying Fund, any breach or violation of any strategy or investment guidelines stated in the relevant Fund Documents, that is reasonably likely to affect the net asset value per Fund Interest Unit of such Underlying Fund or the rights or remedies of any holders thereof, in each case, as determined by the Index Calculation Agent.
Program Securities linked to the performance of fundsThe Issuers may issue Program Securities where the redemption amount or, if applicable, the interest amount in relation to Fund-Linked Notes or the return, in relation to Fund Securities (together with the Fund-Linked Notes, "Fund-Linked Program Securities") is linked to the performance of a unit, share orother interest in a fund (each a "Fund Interest Unit") or a basket of Fund Interest Units.
NAV or Net Asset Valuemeans the net asset value of the Fund Interest Unit as calculated by the Fund Administrator or the Reference Fund in accordance with the Fund Documents.