VALUATION BASIS. Asset Rebalancing is based on the Investment values as of the close of the prior Business Day. Market movement on the date of rebalancing is not reflected in the rebalancing transaction. As a result, after a rebalancing transaction is made, the variance at the close of the Business Day on the date of rebalancing may exceed the tolerance you have specified and necessitate another rebalancing on the next Business Day.
Appears in 2 contracts
Sources: Nonqualified Plan Service and Expense Agreement (Usana Health Sciences Inc), Nonqualified Plan Service and Expense Agreement (Cerus Corp)