Examples of Series Net Asset Value in a sentence
The Trustee shall allocate each amount so payable among the Series of Units of the Fund in a manner considered by the Trustee to be equitable to all Participants having regard to the Series Expenses and Series Net Asset Value of each Series.
If a day is not also a Valuation Day, the Series Net Asset Value as of the most recent Valuation Day shall be used for the purposes of calculating the daily administration fee on such day.
Units will be offered at the Series Net Asset Value per Unit calculated as of the applicable Valuation Date.
An amount that becomes payable pursuant to Section 16.8 by a Fund other than a Money Market Fund, or pursuant to Section 16.9 by any Fund shall not be deducted in determining the Net Asset Value of the Fund or the Series Net Asset Value of a series of Units of the Fund, on the relevant Distribution Date.
For this purpose, all purchases and redemptions of Units for which the Series Net Asset Value Per Unit on the Distribution Date or a previous day applies shall be considered to have been completed before the end of the Distribution Date.