Fund Valuation Date definition

Fund Valuation Date means a date as of which a Fund (or its Fund Service Provider that generally determines such value) determines the value of the related Fund Interest.

Fund Valuation Date means, in respect of a Fund Interest, the date as of which such Fund Interest (or its Fund Service Provider that generally determines such value) determines the value of such Fund Interest or, if the related Fund only reports its aggregate net asset value, the date as of which such Fund determines its aggregate net asset value.

Fund Valuation Date means any date as of which, in accordance with the Fund Documents, the Fund (or the Fund Service Provider that generally determines such value) is or but for the occurrence of an Extraordinary Fund Event would have been scheduled to determine the NAV per Fund Share or Aggregate Fund Shares NAV, as the case may be;

Examples of Fund Valuation Date in a sentence

• The first date of calculating the net asset value of the Fund (Valuation Date) is 15 December 2005.

• Past Service Funding Position – Scottish Borders Council Pension Fund Valuation Date as at 31 March2014£m2017£m2020£mValue of the Scheme Liabilities487(573)(650)Smoothed Asset Value490654713Surplus/ (Deficit)38163Funding Level101%114%110%Note 19 to the Statement of Accounts on page 56, contains details of the outcome and assumptions used in the 2020 Valuation and the impact that it had on employer contribution rates.

• The net assets of the Fund will be adjusted on each Fund Valuation Date at the rate equal to the annual rate as given above, divided by 365 and multiplied by the number of days that have elapsed since the previous valuation.

• Past Service Funding Position – Scottish Borders Council Pension Fund Valuation Date as at 31 March2017£m2020£mValue of the Scheme Liabilities(573)(650)Smoothed Asset Value654713Surplus/ (Deficit)8163Funding Level114%110% The value of the scheme liabilities is an estimate of the assets required to pay pensions over the coming years.

• This delay depends on the fact that typically the Fund Manager publishes the Fund Interest unit value as of any Scheduled Fund Valuation Date on the afternoon of the Exchange Business Day immediately following such date; therefore, such information can be known and used by the Calculation Agent only on the morning of the second Business Day succeeding t.

More Definitions of Fund Valuation Date

Fund Valuation Date means the Fixing Date and each of the Averaging Dates.

Fund Valuation Date means, subject to the occurrence of an Extraordinary Event, a date as of which, in accordance with the Fund Documents, the Fund (or the Fund Service Provider that generally determines such value) is or but for the occurrence of an Extraordinary Event would have been scheduled to determine the NAV per Fund Share;

Fund Valuation Date means [[insert date].] [in relation to the Fund Unit each Exchange Business Day or, as the case may be, each day on which the administrator of the Investment Fund publishes the Net Asset Value for such Investment Fund in accordance with the relevant Investment Fund's prospectus and constitutional documents.] [insert other definition]

Fund Valuation Date means in respect of the FUND HOLDING a day (i) to which the REFERENCE FUND or a FUND SERVICE PROVIDER in accordance with the FUND DOCUMENTATION determines the value of a FUND SHARE or, if the REFERENCE FUND discloses only its total net asset value, such day the REFERENCE FUND discloses its total net asset value and (ii) the redemption of the FUND HOLDING based on this value takes place (without any redemption restriction, deferment, suspension or other provisions taking effect that would allow the REFERENCE FUND to postpone or refuse to redemption of FUND SHARES).

Fund Valuation Date means, in relation to the Reference Portfolio, any “Valuation Day” of the Fund (as defined in the Fund Prospectus).

Fund Valuation Date means each of the Initial Fund Valuation Date, the Interim Fund Valuation Dates and the Final Fund Valuation Date, as applicable.

Fund Valuation Date means each of Fixing Date and Final Observation Date.