constant NAV definition

constant NAV means NAV per participatory interest that does not vary with changes in the assets and liabilities of a collective investment scheme
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constant NAV means a Net Asset Value calculated using the valuation methodologies described in the
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constant NAV means NAV per participa changes in the assets and liabilities of a collective investment scheme
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Examples of constant NAV in a sentence

  • Money market funds are managed in order to maintain a constant NAV of $1 per share, although there is no guarantee that a fund’s manager will be able to meet this goal.

  • There can be no assurance that the Treasurer will be able to maintain a constant N.A.V. per share of one dollar ($1.00).

Related to constant NAV

  • Disinfectant contact time (“T” in CT calculations) means the time in minutes that it takes for water to move from the point of disinfectant application or the previous point of disinfec- tant residual measurement to a point before or at the point where residual disinfectant concentration (“C”) is measured. Where only one “C” is measured, “T” is the time in minutes that it takes for water to move from the point of disinfectant application to a point before or where residual disinfectant concentration (“C”) is measured. Where more than one “C” is measured, “T” is:

  • MT means metric tons.

  • Joint Controller with the other Party;

  • Septage means the liquid and solid material pumped from a septic tank, cesspool, or similar domestic sewage treatment system, or from a holding tank, when the system is cleaned or maintained.

  • H1, H2 etc means First Highest, Second Highest Offers etc. in Disposal Tenders means