Common use of Regular trust investments Clause in Contracts

Regular trust investments. (1) If the Principal chooses to commit to a regular subscription plan, the Mandatory will set the latest fund NAV/index value available on its computer system one business day before the first installment as the "Baseline NAV/Index," whereas the amount of the first installment is deemed the "Initial Value." From the 2nd installment onwards, the Mandatory will compare the latest fund NAV/index value available on its computer system one business day before the payment is due to the "Baseline NAV/Index," and automatically adjust the amount of investment to be collected from the Principal's account.