iNAV definition
iNAV means Intra-day Indicative net asset value calculated on a current basis (with regular intervals) after incorporating the price change of underlying securities throughout a business day. INAV is indicative current basis net asset value of an ETF unit that facilitates trading of ETF in the secondary market.
iNAV means an intra-day portfolio value, the calculation of which is based upon information available during the trading day or any portion of the trading day, and will ordinarily be based upon the current value of the assets/exposures of the Fund in effect on such Business Day, together with any cash amount in the Fund as at the previous Business Day.
iNAV means intra-day Net Asset Value made available by the ICAV or its delegates on behalf of the ICAV, for each Class.
More Definitions of iNAV
iNAV means the prevailing intra-day NAV published by an iNAV provider throughout the trading day based on the previous day portfolio; and
iNAV means the indicative net asset value calculated and published by such entity as determined by the Directors from time to time on each day on which the Relevant Stock Exchange is open for trading. For the avoidance of doubt, the iNAV does not constitute the finalised Net Asset Value calculated with respect to the Valuation Point as published by the Administrator.
iNAV means Indicative Net Asset Value of the ETF calculated periodically throughout the Dealing Day
iNAV means an intra-day portfolio value, the calculation of which is based upon information available during the trading day or any portion of the trading day, and will ordinarily be based upon the current value of the assets/exposures of the Fund in effect on
iNAV means the publically disseminated, intraday indicative net asset value of an AQUA Product.
iNAV means the prevailing intra-day NAV published by an iNAV provider throughout the trading day; and
iNAV means an intra-day portfolio value, the calculation of which is based upon information available during the trading day or any portion of the trading day, and will ordinarily be based upon the current value of the assets/exposures of the Fund in effect on such Business Day, together with any cash amount in the Fund as at the previous Business Day. "Index Provider" means in relation to a Fund, the entity or person acting by itself or through a designated agent which compiles, calculates and publishes information on the Index corresponding to a Fund and who has licensed the Index to the ICAV, as specified in the relevant Supplement. "Initial Issue Price" means the price per Share (excluding any Subscription Charge) at which Shares are initially offered in a Fund for such period as is specified in the Supplement for the relevant Fund. "Instrument" means the instrument of incorporation of the ICAV as may be amended from time to time. "International Central Securities Depositary" or "ICSD" means an international Central Securities Depositary being currently Euroclear Bank S.A./N.V. and Clearstream Banking S.A., Luxembourg and any successor entities thereto. "Investment Management Agreement" means the amended and restated investment management agreement dated 26 January 2017 as further amended by way of novation agreement dated 31 October 2017, between the ICAV and the Investment Manager, as may be amended or supplemented from time to time in accordance with the requirements of the Central Bank. "Investment Manager" means FinEx Investment Management LLP or any other person or persons for the time being duly appointed investment manager of the ICAV in addition or in succession to FinEx Investment Management LLP and where the Investment Manager has delegated responsibility for the management of the assets of a Fund, the term Investment Manager shall also refer to the sub- investment manager of that particular Fund. "Investor Money Regulations" means the Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1)) Investor Money Regulations 2015 for Fund Service Providers, as may be amended from time to time. "Irish Resident" means any person resident in Ireland or ordinarily resident in Ireland other than an Exempt Irish Investor. "Issue Price" means the price at which Shares are issued, as further described in the section headed "Issue and Repurchase Prices/Calculation of Net Asset Value". "KIID" means the key investor information document. "Launch Date" m...