Examples of Net Assets per Unit in a sentence
The table below provides a comparison of Net Assets per Unit under IFRS and Transactional NAV per Unit.
The table below provides a reconciliation of Net Assets per Unit under IFRS and Transactional NAV per Unit.
Subscription Fee The subscription fee per unit will be the amount obtained by multiplying the Net Assets per Unit (as Disclosed on the Trustee’s website) as of the Business Day following the Subscription Acceptance Date by the rate to be individually specified by each Sales Company.* Such fee includes the amount equivalent to the consumption tax and other charges.
If any Material Change in Trust is to be made in respect of the Trust, a Beneficiary who may suffer damage due to such change (provided, however, that if such change is change in the purpose of the trust or change in trust related to the restrictions on the transfer of beneficial interests, the Beneficiary is not required to have the possibility of suffering damage) may request the Trustee to purchase the Beneficial Interests held by it at the Net Assets per Unit (as Disclosed on the Trustee’s website).
The amount obtained by multiplying the Net Assets per Unit (as Disclosed on the Trustee’s website) as of the first Business Day following the subscription receipt date by the rate to be individually specified by each sales company*.
Deviation of Trading Prices on Financial Instruments Markets from the Total Net Assets (as Disclosed on the Trustee’s website) ・The Beneficial Interest may be traded on the financial instruments markets at a price higher or lower than the Net Assets per Unit (as Disclosed on the Trustee’s website).
In addition, the Net Assets per Unit (as Disclosed on the Trustee’s website) calculated and published by the Trustee, which are computed based on the results of precious metals transactions on the calculation date, do not represent the value of the Beneficial Interest per unit as of the time at which it is actually traded on the financial instruments markets.
If any Non-Minor Change in Trust is to be made, only those Beneficiaries who stated their objections to the Trustee within the specific period as set forth above may request the Trustee to purchase the Beneficial Interests held by them at the Net Assets per Unit (as Disclosed on the Trustee’s website) as of the Business Day immediately following the last day of such period.
Net Assets per Unit (as Disclosed on the Trustee’s website)** as of the first Business Day (days other than the non-business days of the Financial Instruments Exchanges which the Beneficial Interests are listed.
The Net Assets per Unit for financial reporting purposes and Net Asset Value per Unit for pricing purposes will not be the same due to the use of different valuation techniques.