Fund Level definition

Fund Level means on any day for each Reference Fund, the product of (i) the Number of Reference Units on that day and (ii) the Reference Fund NAV.
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Fund Level means, in respect of a Valuation Date and subject to adjustment in accordance with Product Conditions 4.2 or 4.3, an amount equal to the net asset value per one Fund Share on such Valuation Date as determined by the Calculation Agent;
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Fund Level means, in respect of a Valuation Date and subject to adjustment in accordance with Product Conditions 4.2 or 4.3, an amount equal to the net asset value per one Fund Share on such Valuation Date as determined by the Calculation Agent on or prior to the relevant Determination Date;
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Examples of Fund Level in a sentence

  • Fund Level Expenses will be allocated among the classes of shares based on their relative net asset values.

  • Thus, if a Class Expense can no longer be attributed to a class, it shall be charged to the Fund for allocation among classes as a Fund Level Expense.

  • Fund Level Expenses have already been factored into the Fund’s gross performance.

  • Fees and ExpensesFees and expenses associated with the Fund include Stable Value Investment Contract Fees, Sub- Adviser Fees, Acquired Fund Fees, and Other Expenses which are collectively referred to as Fund Level Expenses.

  • Gross returns are presented net of Fund Level Expenses which includes Stable Value Investment Contract Fees, Sub-Adviser Fees, Acquired Fund Fees and Other Expenses.The Morley Stable Value Fund (the Fund) is a collective investment trust maintained by Principal Global Investors Trust Company, (the Trust Company).

  • APPENDIX E Fund Level Contractual Investment Management Fee Waivers The Adviser agrees to limit Jxxx Hxxxxxx Money Market Fund’s management fee to a maximum annual rate of 0.40% of the Fund’s average daily net assets.

  • Fund Level Expenses and Fund Expenses will be allocated among the classes of shares based on their relative net asset values.

  • Fund Level Expenses and Portfolio Expenses will be allocated among the classes of shares based on their relative net asset values.

  • Separate future service rates are calculated for each employer together with individual past service adjustments according to employer-specific circumstances.Details of the outcome of the Actuarial Valuation as at 31 March 2013 can be found in the formal valuation report dated [TBC], including an analysis at Fund Level of the Common Contribution Rate.

  • Department for Communities (DfC) guidance indicates that the General Fund Level should be between 5% and 7.5% (£3.040m and £4.561m) of the Net Operating Expenditure.


More Definitions of Fund Level

Fund Level means, in respect of a Valuation Date and subject to adjustment in accordance with Product Conditions 4.2 or 4.3, an amount equal to the net asset value per Fund Share (calculated as described in the prospectus of the Fund set out in the section “Information relating to the Underlying") on or about such Valuation Date disregarding any redemption charges as determined by the Calculation Agent;
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Related to Fund Level

  • Sound level means the A-weighted Sound Pressure Level;

  • Ground Level means the level of the referred point of exposed surface of the ground as indicated in the drawing.

  • Broadband level means all positions sufficiently similar in knowledge, skills, and abilities, and sufficiently similar as to kind or subject matter of work, level of difficulty or responsibilities, and qualification requirements of the work, to warrant the same treatment as to title, pay band, and other personnel transactions.

  • RBC level means an insurer's company action level RBC, regulatory action level RBC, authorized control level RBC, or mandatory control level RBC where:

  • Sound level meter means an instrument which includes a microphone, amplifier, RMS detector, integrator or time averager, output meter, and weighting networks used to measure sound pressure levels.

  • Initial Level means, in respect of an Index, the level specified as such in the applicable Issue Terms.

  • Trigger Level means with respect to an Index, the level specified as such in Annex 1 with respect to such Index

  • Latest Level means, in respect of an Inflation Index, the latest level of such Inflation Index (excluding any "flash" estimates) published or announced by the relevant Inflation Index Sponsor prior to the month in respect of which the Substitute Index Level is being determined.

  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index(other than a Multiple Exchange Index), the closing level of such Indexat the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), allas determined by the Calculation Agent.

  • Working level (WL) means any combination of short-lived radon daughters in 1 liter of air that will result in the ultimate emission of 1.3E+5 MeV of potential alpha particle energy. The short-lived radon daughters are—for radon-222: polonium-218, lead-214, bismuth-214, and polonium-214; and for radon-220: polonium-216, lead-212, bismuth-212, and polonium-212.

  • Elevated blood lead level means a level of lead in blood that is any of the following:

  • Floor Level means that stage of construction which in the completed building would constitute the walking surface of the particular floor level referred to in the table of payments.

  • Mean Sea Level means the average height of the sea for all stages of the tide. It is used as a reference for establishing various elevations within the floodplain. For the purposes of this Ordinance, the term is synonymous with the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, to which Base Flood Elevations shown on a community's Flood Insurance Rate Map are referenced.

  • Base Level means the level of the Index (excluding any flash estimates) published or announced by Eurostat (or any successor entity which publishes such index) in respect of the month which is 12 calendar months prior to the month for which the Substitute Index Level is being determined;

  • Poverty level means the annual family income for a family unit of a particular size, as specified in the poverty guidelines updated annually in the Federal Register by the U.S. Department of Health and Human Services.

  • Level has the meaning given that term in the definition of the term “Applicable Margin.”

  • Performance Level means a reference to one of Performance Level I, Performance Level II, Performance Level III, Performance Level IV or Performance Level V.

  • Level IV and “Level V”: the respective Level set forth below: S&P Moody’s Level I A- or higher A3 or higher Level II BBB+ Baa1 Level III BBB Baa2 Level IV BBB- Baa3 Level V BB+ or lower Ba1 or lower provided that if on any day the Applicable Xxxxx’x Rating and the Applicable S&P Rating do not coincide for any rating category and the Level differential is (x) one level, then the higher of the Applicable S&P Rating or the Applicable Xxxxx’x Rating will be the applicable Level; (y) two levels, the Level at the midpoint will be the applicable Level; and (z) more than two levels, the highest of the intermediate Levels will be the applicable Level; provided further that if on any day, neither the Applicable Xxxxx’x Rating nor the Applicable S&P Rating is available, the applicable Level shall be Level V.

  • Strike Level means the Strike Level as specified in § 1 of the Product and Underlying Data.

  • Level II means a component of the federal PASRR requirement. Level II refers to the evaluation and determination of whether nursing facility services and specialized services are needed for individuals with mental illness or developmental disability who are potential nursing facility admissions, regardless of the source of payment for the nursing facility service (42 CFR 483.128(a)). Level II evaluations include assessment of the individual’s physical, mental, and functional status (42 CFR 483.132).

  • Barrier Level means the Barrier Level as specified in § 1 of the Product and Underlying Data.

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Final Level means, in respect of the Index, the Closing Level on the Final Valuation Date, provided that, if the Final Valuation Date is not an Exchange Business Day, then the Final Level will be determined on the immediately preceding

  • Level I means a component of the federal PASRR requirement. Level I refers to the identification of individuals who are potential nursing facility admissions who have indicators of mental illness or developmental disabilities (42 CFR 483.128(a)).

  • Mid-level practitioner means a certified nurse-midwife engaging in the independent practice of midwifery under the independent practice of midwifery act, an advanced practice registered nurse issued a license pursuant to K.S.A. 65-1131, and amendments thereto, who has authority to prescribe drugs pursuant to a written protocol with a responsible physician under K.S.A. 65-1130, and amendments thereto, or a physician assistant licensed under the physician assistant licensure act who has authority to prescribe drugs pursuant to a written agreement with a supervising physician under K.S.A. 65-28a08, and amendments thereto.

  • Affordability average means the average percentage of median income at which restricted units in an affordable housing development are affordable to low- and moderate-income households.