Series Net Asset Value definition

Series Net Asset Value means the net asset value of any Series of a Class of Units calculated as described under “Determination of Net Asset Value”;

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Series Net Asset Value means in respect of any particular series of Units of a Fund, the portion of the Net Asset Value of the Fund attributed to such series determined in accordance with Section 3.4.

Series Net Asset Value means, in respect of any particular Series, the portion of the net asset value of the Trust attributed to the Series and calculated as described under “Valuation and Series Net Asset Value”;

Examples of Series Net Asset Value in a sentence

For this purpose, all purchases and redemptions of Units for which the Series Net Asset Value Per Unit on the Distribution Date or a previous day applies shall be considered to have been completed before the end of the Distribution Date.
The Manager acknowledges and agrees with the Trustee that the Manager reserves and retains the power and authority to value the assets of the Funds either directly or through an agent appointed by the Manager, including the determination of the Series Net Asset Value of the Fund, Series Net Asset Value per Unit and the computation of Net Income and Net Realized Capital Gains for distribution purposes for each of the Funds in accordance with Applicable Laws.
If a day is not also a Valuation Day, the Series Net Asset Value as of the most recent Valuation Day shall be used for the purposes of calculating the daily administration fee on such day.
An amount that becomes payable pursuant to Section 16.8 by a Fund other than a Money Market Fund, or pursuant to Section 16.9 by any Fund shall not be deducted in determining the Net Asset Value of the Fund or the Series Net Asset Value of a series of Units of the Fund, on the relevant Distribution Date.
The proceeds per Unit payable on redemption determined on the applicable Valuation Day will equal the Series Net Asset Value per Unit on the Valuation Day as determined above.

More Definitions of Series Net Asset Value

Series Net Asset Value means, in respect of any particular Series of a Pool, the net asset value of such Series determined in the manner set out in Section 6.1;

Series Net Asset Value of a Series of Units, as of any date, shall equal the Class Net Asset Value for such Series as of such date attributable to the Series, less an amount equal to the total Series liabilities as of such date.

Series Net Asset Value means for each series of Units of the Fund, the proportionate share of the NAV attributable to that series of Units on each Valuation Date, as more fully described in the Prospectus under the heading “Calculation of Net Asset Value and Valuation of Portfolio Securities”.

Series Net Asset Value means the net asset value of any Series of Units determined from time to time in accordance with the terms hereof.

Series Net Asset Value means the net asset value of each Series of Units of the Fund;

Series Net Asset Value means the fair market value of one particular Series of Units at the time the calculation is made less the amount of any liabilities attributable to such Series at that time as determined by SGGG, as delegated by the Manager, and "Series Net Asset Value Per Unit" has a corresponding meaning.

Series Net Asset Value means the portion of the Net Asset Value attributable to each Series of Units, calculated as described under “Valuation”.