Examples of NAV of the Underlying in a sentence
Movements in the Net Asset Value (NAV) of the Underlying Schemes may impact the performance of HDPEFOF.
In case the units get classified as non- traded the same may be valued as per the underlying NAV of the Underlying Scheme.
Source of Tracking ErrorMeasures to be taken by AMC to reduce Tracking ErrorVariance in NAV of the Underlying Scheme and closing price on the Stock Exchange.
In addition, the directors of the Underlying Fund may agree to include anticipated fiscal charges in the amount of the adjustment.The adjustment to the NAV of the Underlying Fund will be an addition when the net movement results in an increase of all shares of the Underlying Fund and a deduction when it results in a decrease.
Adjustments to the NAV of the Underlying Fund will have an impact on the NAV of the Fund investing in it.Dilution occurs when the Underlying Fund incurs transaction costs as part of the buying or selling of the assets and financial instruments of the Underlying Fund, causing the value of the assets and financial instruments to deviate from their normal carrying value.Dilution may have an adverse effect on the value of the Underlying Fund and therefore impact holders of that Underlying Fund.
In case the units get classified as thinly traded / non- traded the same may be valued as per the underlying NAV of the Underlying Scheme.
The Investment Manager will consult with the auditor of the Underlying Fund to ensure that all Fork Assets held by the Underlying Fund are properly valued in accordance with International Financial Reporting Standards for the purpose of calculating the NAV of the Underlying Fund.
The NAV of the PIXX for a Business Day is generally calculated on the next Business Day and will reflect the last available NAV of the Underlying Fund, being PIF.The NAV per Unit is calculated by dividing the NAV of the PIXX by the number of Units on issue in the PIXX.An indicative NAV per Unit (“iNAV”) will be published by Platinum throughout the ASX Trading Day.Distributions Distributions will generally be made annually at 30 June.
The NAV of the PAXX for a Business Day is usually calculated on the next Business Day and will reflect the last available NAV of the Underlying Fund, being the PAF.The NAV per Unit is calculated by dividing the NAV of the PAXX by the number of Units on issue in the PAXX.An indicative NAV per Unit (“iNAV”) will be published by the PAXX throughout the ASX Trading Day.Distributions Distributions will generally be made annually at 30 June.
RTA or Fund administrator shall also declare NAV’s simulataneously, through email, using the same system to various recipients including investors of the Underlying schemes. RTA or Fund administrator has a BCP & DR Plan in case of exigency at the primary site.Forex rates for conversion : The NAV of the Underlying scheme which is denominated in foreign currency shall be converted to INR, using the conversion rate available on RBI / Reuters / Bloomberg reference rate.