Sentences with phrase «nav per»

Fund Management Charges will be priced in the NAV per unit (unit price) of each fund on a daily basis.

This charge will be collected from the amount switched by cancellation of units at the prevailing NAV per unit (unit price).

In respect of switching requisition received after 3.00 p.m. by the company, the closing NAV per unit (unit price) of the next business day shall be applicable.

The Fund Management charges and the service tax on it will be priced in the NAV per unit (unit price) of each fund on a daily basis which will result into adjustment of NAV.

The units will be cancelled at the prevailing NAV per unit (unit price).

The resulting figure is the ULIP NAV per unit, which is what common terminology refers to when speaking of ULIP NAV.

Once listed on the CSX, the fund is obliged on an ongoing basis to publish its NAV per share on the CSX's website.

This means that when mutual fund investors want to sell their fund shares, they sell them back to the fund, or to a broker acting for the fund, at their current NAV per share, minus any fees the fund may charge, such as deferred sales loads or redemption fees.

The Fund calculates the NAV per share each business day as of 1 p.m. Pacific time which normally coincides with the close of trading on the New York Stock Exchange (NYSE) and BATS BZX Exchange (BATS).

The NAV per share is determined by dividing the total NAV of the Fund by the number of shares outstanding.

Which basically explains their actual 2012 yr - end 119.8 mio of net equity, or GBP 6.9 p NAV per share.

/ 1,814.5 mio Adj Net Shares = GBP 6.8 p Adj NAV per share

-- We're also disappointed to see this share issuance implies a 4.2 % dilution (of NAV per share) for existing EIIB shareholders.

The letter provides a business update and discloses a couple of interesting things that have happened since the beginning of the year, though it did NOT include an updated NAV per unit.

Fees: Base management fee set at 1 % of EPRA NAV per annum (0.5 %'til 50 % of NAV is invested), plus a performance fee which is 20 % of the excess shareholder return over a 10 % annual return hurdle (with a high watermark provision).

By which I mean: As DCP's market cap gets much smaller again, any absolute variance in underlying intrinsic value vs. book value will be magnified in terms of NAV per share (& NAV enhancement, if additional sale proceeds are also applied to share buybacks).

Returning capital to shareholders (via a tender offer at, say, a 20 % discount to NAV) would improve RoE, enhance NAV per share, and (ideally) increase EIIB's market valuation.

The fund announces a 2:1 split, meaning you now own 200 shares with a NAV per share of $ 250.

When Order is Processed: All shares will be purchased at the NAV per share (plus applicable sales charges, if any) next determined after a Fund receives your application or request in good order.

In the context of mutual funds, NAV per share is computed once per day based on the closing market prices of the securities in the fund's portfolio.

The NAV per share of a mutual fund might or might not increase in anticipation of the distribution to occur, but the NAV per share very definitely falls on the day that the distribution is declared.

If you choose to re-invest your distribution in the same fund, then you will own more shares at a lower NAV per share but the total value of your investment will not change at all.

In fact, the return of capital via a tender offer should also provide further reassurance: Shareholders could be unfairly penalised if they accepted a tender offer based on incomplete info, and / or an NAV per share that did not represent market values for all assets (& liabilities)-- potentially exposing the board / company to legal action.

The placing was obviously a trade - off: Funding a new growth strategy with an acquisition that could quickly add value, vs. dilution based on a potentially illiquid & uncertain NAV per share.

And per my conservative $ 3.04 FV per share above, that would imply a potential $ 0.685 + NAV per share still to be realised from New NTR.

All other things being equal, this has improved NAV per share by 14 % YTD to $ 0.649, or GBP 41.5 p. Even at today's more elevated price, retiring 1 % of outstanding shares would increase NAV by another 0.4 %.

Which would imply $ 223 million of cash & $ 7.4 million of wind assets gets demerged into New NTR — potentially, that equates to a $ 2.35 NAV per share redemption.

Plugging a current 1.1006 EUR / USD rate into my most recent NTR model, and specifically tweaking for the highlighted deal fees & minority interest, I now arrive at a EUR 3.18 NAV per share for NTR (all else being equal).

The tender offer was intended to return surplus capital, to confirm the value & liquidity of EIIB's balance sheet, to address any potential share «overhang», to enhance NAV per share, and to send a clear signal of management's commitment to shareholder value.

Management provides an undiluted / going concern NAV per share — but this doesn't capture the deferred C shares par value or the Peterhouse warrants granted in Feb - 2016, plus I'll assume the deferred A&B shares will soon effectively convert to ordinary shares.

Because the NAV per share of the Institutional Class shares may be higher or lower than that of the Investor Class shares at the time of conversion, although the total dollar value will be the same, a shareholder may receive more or fewer Institutional Class shares than the number of Investor Class shares converted.

Your entire purchase price is invested in Fund shares at the NAV per share of the Investor Class.

The CEO & board can write the same kind of story with Donegal...] Rather than seizing on Scenario C, simply because it offers the highest NAV per share potential, we may need to consider a compromise.

Of course, noting the current discount to NAV, a share tender / buyback strategy is obviously the best way to return capital — it would elevate & support the share price, highlight the (substantial) discount to NAV, and further enhance NAV per share.

Totting everything up, based on a mere 4.6 M shares left outstanding, our 5 Years Out (& Additional Value Enhancement) NAV is EUR 116.5 M — add in 5 years of dividends & that equates to an astonishing EUR 26.08 NAV per share, for an Upside Potential of 335 %.

The market price of an ETF unit should be close to the NAV per unit of the underlying assets.

Because the converts are trading at a premium to face value (because if converted they are more valuable than their liquidation value) but are accounted for only at liquidation value in the NAV calculation, the conversion will result in dilution of the total asset value and thus the NAV per share.

Totting everything up — based on 10.1 M net shares outstanding — our Base Case NAV is EUR 95.6 M. Which equates to a EUR 9.46 NAV per share, for an Upside Potential of 58 %.

You can basically just think of NAV per share as the price of a mutual fund.

The NAV per share is determined by dividing the total net assets of the fund by the number of shares outstanding.

The fund calculates the NAV per share each business day as of 1 p.m. Pacific time which normally coincides with the close of trading on the New York Stock Exchange (NYSE).

(2) Annualized and based on the applicable April 20, 2018 NAV per unit, which is available at www.HorizonsETFs.com.

* The iNAV reflects the estimated NAV per Unit updated for foreign exchange movements in the Fund's portfolio stocks by individual stock domicile and is also updated in respect of stocks that have live market prices during the ASX Trading Day.

For example, if the market value of securities of a mutual fund scheme is INR 200 lakh and the mutual fund has issued 10 lakh units of INR 10 each to the investors, then the NAV per unit of the fund is INR 20 (i.e. 200 lakh / 10 lakh).

The NAV per unit is the market value of securities of a scheme divided by the total number of units of the scheme on any particular date.

The NAV per share is determined by dividing the total NAV of the fund by the number of shares outstanding.

A mutual fund's «NAV per unit» is the price that an investor will pay to buy or sell the fund from the investment company.

The Trustee will also determine the NAV per Share.

To the extent that such NAV or NAV per Share is incorrectly calculated, the Trustee may not be liable for any error and such misreporting of valuation data could adversely affect an investment in the Shares.

The Shares may trade at a price which is at, above or below the NAV per Share and any discount or premium in the trading price relative to the NAV per Share may widen as a result of non-concurrent trading hours.