Net Asset Value per Unit definition

Net Asset Value per Unit means, for each Class of Partnership Unit, the net asset value per unit of such Class of Partnership Unit, determined as of the last business day of each month as described in the Prospectus.

Net Asset Value per Unit means the Net Asset Value of a Fund divided by the number of Units of a Fund outstanding on the date of calculation.

Net Asset Value per Unit means, in respect of a class of Units, the Net Asset Value of the Fund allocated to the Units of such class, divided by the total number of Units of such class outstanding, on the date on which the calculation is being made.

Examples of Net Asset Value per Unit in a sentence

• The procedures and methodology for calculating the Net Asset Value per Unit are summarized below.

• Subscription Price Net Asset Value per Unit (subject to the Subscription Fee and applicable taxes, levies or charges) Subscription Deadline The deadline is 2:00 p.m. (CET) on the Business Day before the subscription/redemption date.

• Subscription price following the Initial Offer PeriodThe subscription price of a Unit subscribed following an Initial Offer Period for the Fund will be the aggregate of (a) the Net Asset Value per Unit on the relevant Dealing Day of the Units and (b) if applicable, any Transaction Costs, which must be received by the Custodian on behalf of the Responsible Entityby the designated time.

• The bid and offer prices of a Unit will not match exactly the Net Asset Value per Unit because bid and offer prices also take account of other market conditions such as market liquidity (supply and demand) at the time that the investor is looking to buy or sell their Units.You should also note the amount you receive in respect of any sales on the ASX will be net of any brokerage or other fees charged by your broker.

• Estimated expense recoveries – 0.00% of the NAV of the Fund.The Management Fee is calculated and accrued daily, and reflected in the daily Net Asset Value per Unit.

More Definitions of Net Asset Value per Unit

Net Asset Value per Unit means the Net Asset Value divided by the number of Units outstanding on the date of calculation.

Net Asset Value per Unit means the Net Asset Value divided by the total number of Units outstanding on any Valuation Date.

Net Asset Value per Unit means the Net Asset Value allocated to capital accounts represented by Units of Limited Partnership Interest of a Class divided by the aggregate number of Units of Limited Partnership Interest of such Class.

Net Asset Value per Unit is the amount determined from time to time in accordance with Section 3.5 hereof;

Net Asset Value per Unit means, for each Class or Series of Partnership Unit, the net asset value per unit of such Class or Series of Partnership Unit most recently determined in accordance with the Valuation Procedures and in this Agreement.

Net Asset Value per Unit shall be determined by dividing the Net Asset Value of the Trust on a Valuation Date by the total number of Units then outstanding on such Valuation Date. The Net Asset Value of the Trust as at the Valuation Time on a Valuation Date shall be determined in accordance with the following:

Net Asset Value per Unit means, in respect of a class of Units, the NAV of the Partnership allocated to the Units of such class divided by the number of Units of such class outstanding at the time the calculation is made, it being assumed that the NAV for each of the NC-A, BC-A, QC-A, NC-F, BC-F and QC-F Units will be different based on the portfolio allocations.