AVERAGE NET ASSETS. The term "average net assets" of a Fund as used herein for any period shall mean the quotient produced by dividing (i) the sum of the net assets of the Fund, as determined in accordance with procedures established from time to time under the direction of the Board of Trustees of the Trust, for each calendar day of such period, by (ii) the number of such days.
Appears in 35 contracts
Sources: Investment Advisory Agreement (Touchstone Funds Group Trust), Investment Advisory Agreement (Touchstone Funds Group Trust), Investment Advisory Agreement (Touchstone Funds Group Trust)
AVERAGE NET ASSETS. The term "average net assets" of a Fund as used herein for any period shall mean the quotient produced by dividing (i) the sum of the net assets of the Fund, as determined in accordance with procedures established from time to time under the direction of the Board of Trustees Directors of the TrustCompany, for each calendar day of such period, by (ii) the number of such days.
Appears in 6 contracts
Sources: Advisory Agreement (Usaa Tax Exempt Fund Inc), Advisory Agreement (Usaa Mutual Fund Inc), Advisory Agreement (Usaa Tax Exempt Fund Inc)
AVERAGE NET ASSETS. The term "average net assets" of a Fund as used herein for any period shall mean the quotient produced by dividing (i) the sum of the net assets of the Fund, as determined in accordance with procedures established from time to time under the direction of the Board of Trustees of the TrustBoard, for each calendar day of such period, by (ii) the number of such days.
Appears in 6 contracts
Sources: Management Agreement (Usaa Mutual Funds Trust), Investment Advisory Agreement (Usaa Mutual Fund Inc), Management Agreement (Usaa Mutual Funds Trust)
AVERAGE NET ASSETS. The term "βaverage net assets" β of a Fund as used herein for any period shall mean the quotient produced by dividing (i) the sum of the net assets of the Fund, as determined in accordance with procedures established from time to time under the direction of the Board of Trustees of the Trust, for each calendar day of such period, by (ii) the number of such days.
Appears in 3 contracts
Sources: Investment Advisory Agreement (Touchstone Funds Group Trust), Investment Sub Advisory Agreement (Touchstone Funds Group Trust), Investment Advisory Agreement (Touchstone Funds Group Trust)
AVERAGE NET ASSETS. The term "average net assets" assets of a Fund as used herein for any period shall mean the quotient produced by dividing (i) the sum of the net assets of the Fund, as determined in accordance with procedures established from time to time under the direction of the Board of Trustees of the Trust, for each calendar day of such period, by (ii) the number of such days.
Appears in 1 contract
Sources: Investment Sub Advisory Agreement (Constellation Funds)
AVERAGE NET ASSETS. The term "average net assets" of a the Fund as used herein for any period shall mean the quotient produced by dividing (i) the sum of the net assets of the Fund, as determined in accordance with procedures established from time to time under the direction of the Board of Trustees of the TrustBoard, for each calendar day of such period, by (ii) the number of such days.
Appears in 1 contract
Sources: Investment Advisory Agreement (Mosaic Equity Trust)