Net Asset Value per Unit definition

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.

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

Examples of Net Asset Value per Unit in a sentence

• Applicable NAV is the Net Asset Value per Unit at the close of the Business Day on which a valid application is accepted and time stamped.

• In the event that the Management Company decides to close the relevant Hedged Class, Unitholders thereof will have the opportunity to request the redemption free of charge at the applicable Net Asset Value per Unit (taking into account actual realisation prices of investments as well as realisation expenses in connection with such closure).

• The dividend shall be re-invested at the prevailing ex-dividend Net Asset Value per Unit on the record date.

• As a result, the market price of the Units in the secondary market may be higher or lower than Net Asset Value per Unit.

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

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 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, 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.

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: