Net Asset Value of a Fund means the total assets of the Trust Estate of a Fund including, but not limited to, all cash and cash equivalents or other securities less total liabilities of such Fund, each determined on the basis of generally accepted accounting principles in the United States, consistently applied under the accrual method of accounting, including, but not limited to, the extent specifically set forth below:
Net Asset Value of a Fund at any time means the total assets of a Fund including, but not limited to, all cash and cash equivalents or other debt securities less total expenses and liabilities of such Fund, determined on the basis of generally accepted accounting principles in the United States, consistently applied under the accrual method of accounting.
Net Asset Value of a Fund at any time means the total assets in the Trust Estate of a Fund, determined on the basis of generally accepted accounting principles in the United States, consistently applied under the accrual method of accounting. The amount of any distribution made pursuant to Article VI hereof shall be a liability of such Fund from the day when the distribution is declared until it is paid.
Examples of Net Asset Value of a Fund in a sentence
As the Shares may be dealt in by means of subscription and redemption, the Directors consider that large discounts or premiums in the Net Asset Value of a Fund would not be sustainable.
The Net Asset Value of a Fund will be expressed in the Base Currency of the Fund, or in such other currency as the Directors may determine either generally or in relation to a particular Class or in a specific case.
In addition, it could result in a difference between the prices used to calculate the Net Asset Value of a Fund and the prices used by the Index.
Authorised Participants and other investors are reminded that if the calculation of the Net Asset Value of a Fund is suspended, then their right to redeem Shares in that Fund would ordinarily also be suspended.
In the event the Company elects to limit the number of Shares repurchased on such date to 10% of the Net Asset Value of a Fund, a Shareholder may not be able to repurchase on such Dealing Day all the Shares that it desires to repurchase.
More Definitions of Net Asset Value of a Fund
Net Asset Value of a Fund means the amount determined on any Valuation Date at the Valuation
Net Asset Value of a Fund or “Net Asset Value perShare” means the amount determined on any Dealing Day in accordance with the principles set out in Part IX as being the Net Asset Value of a Fundor Shares in a Fund, as the case may be;
Net Asset Value of a Fund means the amount determined on any Dealing Day in accordance with or “Net Asset Value per the principles set out in Part IX as being the Net Asset Value of a Fund Share” or Shares in a Fund, as the case may be;
Net Asset Value of a Fund means the amount determined as being the Net Asset Value of a Fund for any particular Dealing Day pursuant to Clause 17.00 of this Deed.
Net Asset Value of a Fund. Means the total value of assets and investments owned by a Pension Fund minus its liabilities at the time of valuation.“Valuation Day”Means the date on which VFM determines the net asset value per Pension Fund Unit.“Trading Day of the Pension Fund”(Hereinafter referred to as Trading Day) means the day on which VFM implements orders to contribute to a Pension Fund or pension payment orders from Fund Participants prior to receipt of the last order. The Trading Day (Day T) shall occur twice (2) in one (1) month, on the second and fourth Wednesdays of a month when they are working days.Where a Trading Day falls on a non-working day or public holiday, the trading shall be conducted on the next Trading Day of the Pension Fund.“Closing Time of the Order Register”Means the last point of time when VFM or its authorized organizations receive trading orders from Fund Participants for implementation during a Trading Day of the Pension Fund.VFM shall notify the Fund Participants, Pension Agents and the relevant service providers of the trading schedule and the Closing Time of the Order Register on public holiday occasions on its website or by email.“Pension Fund Management Services”Means the services to be provided by a relevant service provider as authorized by VFM, including the following services:- Making cost accounting records of the Pension Fund's transactions: recording fluctuations in the cashflow into and out of the Pension Fund;- Preparing financial statements of the Pension Fund; and coordinating with and assisting the Pension Fund's auditor to audit the Pension Fund;- Determining the Net Asset Value of a Fund and the net asset value per Fund Unit in accordance with law and provisions in the Pension Fund Charter; and- Performing other activities in accordance with law and the Contract signed with VFM.“Personal Pension Account Administration Services”Means the services to be provided by a relevant service provider as authorized by VFM, including the following services:a) Conducting cost accounting of all revenues and expenditures made on Pension Accounts, including contributions, allocation of investment results, operating expenses of the Pension Fund; and pension payment;b) Formulating and updating the process and method of allocating investment results and operating expenses of the Pension Fund; determining the value of the Pension Accounts;c) Providing a monthly valuation of the value of a personal Pension Account; and(d) Formulating and sending Fund Parti...
Net Asset Value of a Fund means the total value of assets of the fund less the total value of debts payable of the fund.
Net Asset Value of a Fund shall have the meaning set forth in the Prospectus for each Fund.