Common use of Valuation Methods Clause in Contracts

Valuation Methods. Securities traded on national stock exchanges will be valued at the composite price as published in the Wall Street Journal. Listed Securities which are not traded and over-the-counter securities will be valued at the closing bid price. Other securities and all other assets will be valued at fair value as determined in good faith by WFG.

Appears in 2 contracts

Sources: Investment Management Agreement (Life Usa Holding Inc /Mn/), Investment Management Agreement (Life Usa Holding Inc /Mn/)