Anti-Dilution Levy means such sum, as the Responsible Person or its delegate considers appropriate taking into account the interests of Shareholders of the relevant Funds to cover dealing costs incurred when transacting to cover Shareholder dealing and for no other purpose.
Anti-Dilution Levy means an adjustment to a Fund’s NAV to cover dealing costs relating to the acquisition or disposal of assets and to preserve the value of the underlying assets of a Fund;
Anti-Dilution Levy means a provision for market spreads (the difference between the
Examples of Anti-Dilution Levy in a sentence
As the costs of dealing can vary with market conditions, the level of the Anti-Dilution Levy may also vary.
The amount of any Anti-Dilution Levy (if applicable) will be set out in the Supplement for the relevant Fund.
Anti-Dilution Levy means a levy which may be (i) added to subscription amounts payable by an investor or (ii) deducted from redemption amounts receivable by an investor (as determined at the discretion of the Directors).
The Directors may on any Dealing Day where there are net subscriptions adjust the Subscription Price by adding an Anti-Dilution Levy to cover dealing costs and to preserve the value of the underlying assets of the ICAV.
Shares will be issued at Net Asset Value per Share plus duties and charges (including any Anti-Dilution Levy), if applicable.
More Definitions of Anti-Dilution Levy
Anti-Dilution Levy means an adjustment made on a transaction basis in the case of net
Anti-Dilution Levy means a charge imposed on subscriptions or on redemptions as relevant, to offset the dealing costs of buying or selling assets of the UCITS and to preserve the net asset value per share of the UCITS, as a result of net subscriptions or of net redemptions on a dealing day;
Anti-Dilution Levy means a provision for market spreads (the difference between the prices at which assets are valued and/or bought or sold), duties and charges and other dealing costs relating to the acquisition or disposal of Fund Assets in the event of receipt for processing of large subscription or repurchase requests (as determined at the discretion of the Directors) including subscriptions and/or repurchases which would be effected as a result of requests for exchange from one Fund into another Fund;
Anti-Dilution Levy means a provision for market spreads (the difference between the prices at which assets are valued and/or bought or sold), duties and charges and other dealing costs relating to the acquisition or disposal of Fund Assets in the event of receipt for processing of large subscription or repurchase requests (as determined at the discretion of the Directors) including subscriptions and/or repurchases which would be effected as a result of requests for exchange from one sub-fund to another sub- fund under the Company. Please refer to the “SHARE DEALINGS” section of the Irish Prospectus for more details on the Anti- Dilution Levy provisions.
Anti-Dilution Levy means a provision to reflect the impact of dealing costs relating to the acquisition or disposal of Fund Assets in the event of receipt for processing of net subscription or net repurchase requests, including subscriptions and/or repurchases which would be effected as a result of requests for exchange from one Class to another Class.
Anti-Dilution Levy means an adjustment made on a transaction basis in thecase of net subscriptions and/or net redemptions as a percentage adjustment (to be communicated to the Administrator) on the value of the relevant subscription/ redemption calculated for the purposes of determining a subscription price or Redemption Price to reflect the impact of dealing costs relating to the acquisition or disposal of assets and to preserve the value of the underlying assets of the relevant Fund;
Anti-Dilution Levy means a levy which may be (i) added to subscription amounts payable by an investor or (ii) deducted from redemption amounts receivable by an investor (as determined at the discretion of the Directors).