Net Asset Value of the Fund definition

Net Asset Value of the Fund means the net asset value of the Fund as determined by subtracting the aggregate liabilities of the Fund from the aggregate value of the assets of the Fund on the date on which the calculation is being made, calculated by the Administrator.
Sample 1Sample 2Sample 3
Net Asset Value of the Fund means the net asset value of all of the Fund Units calculated in accordance with ITEM
Sample 1Sample 2Sample 3
Net Asset Value of the Fund means the Net Asset Value calculated in accordance with the Constitution.
Sample 1Sample 2Sample 3

Examples of Net Asset Value of the Fund in a sentence

  • The Scheme may invest in other schemes of the Mutual Fund or any other mutual fund without charging any fees, provided the aggregate inter-scheme investment made by all the schemes under the same management or in schemes under the management of any other asset management company shall not exceed 5% of the Net Asset Value of the Fund.

  • The Scheme may invest in other Schemes under the same AMC or any other Mutual Fund without charging any fees, provided the aggregate inter-Scheme investment made by all the Schemes under the same management or in Schemes under management of any other asset management company shall not exceed 5% of the Net Asset Value of the Fund.

  • If a Fund invests more than 5% of its Net Asset Value in these bonds issued by one issuer, the total value of these investments may not exceed 80% of the Net Asset Value of the Fund.

  • The Net Asset Value of the Fund is determined by taking the total assets of the Fund and deducting the Fund’s liabilities.

  • The price of a Share is calculated by reference to the Net Asset Value of the Fund to which it relates.


More Definitions of Net Asset Value of the Fund

Net Asset Value of the Fund means the aggregate value of the assets of the Fund, less the aggregate value of the liabilities of the Fund.
Sample 1Sample 2Sample 3
Net Asset Value of the Fund means the total asset value of the Fund less any fees or charges due and payable by the Fund.
Sample 1Sample 2Sample 3
Net Asset Value of the Fund means the aggregate Net Asset Value of all the Sub-Funds;
Sample 1Sample 2Sample 3
Net Asset Value of the Fund means the value of the Fund’s assets minus the value of the Fund’s liabilities (including any accrued IPA), as determined in the manner described under the heading “Information Concerning the Fund –Valuation of Investments”;
Sample 1Sample 2
Net Asset Value of the Fund means the combined value of the Class Net Asset Value of the Fund for each class of Units as determined by the Trustee from time to time in accordance with the provisions of the Fund Agreement;
Sample 1Sample 2
Net Asset Value of the Fund means the value of the Assets of the Fund minus the Fund Liabilities each of which is determined in accordance with the valuation policy of the Fund adopted by the Audit and Valuation Committee of the Fund from time to time;
Sample 1Sample 2
Net Asset Value of the Fund or “NAV of the Fund” means the net asset value of the Fund, as determined by subtracting the aggregate liabilities of the Fund from the total assets of the Fund, as more fully described under “Calculation of Net Asset Value”.
Sample 1Sample 2