Sentences with phrase «assets at the current market value»

So, in this case, if grandparents transferred common shares to their grandchildren, it would be as if the grandparents sold the assets at the current market value.

Stable value funds may have $ 90 of assets at current market value backing $ 100 of book value.

Not exact matches

$ value destroyed equals the difference between implied price and acquisition at current market price plus net assets / liabilities.

In the case of a private company, assets are transferred at current fair market value for shares of equal value in the private company; the heirs become shareholders and their wealth rises as the shares rise, while the founder's shares no longer rise in value.

CRC has a market capitalization of only $ 2.8 M, but the company's written - down net current asset value is much higher at around $ 15M.

In summary, given many asset classes have appreciated so much over the last few years, we see the gold market as broadly overlooked and offering great value as a portfolio hedge at current levels.

Net - net asset value: Companies, where the sum of the current assets (adjusted to reflect liquidation value) exceed the sum of all its short and long term debt obligations with at least 30 %, can be characterized as net - nets if the sum of this calculation exceeds the current market value / trading price.

It is not uncommon to see informed investors, such as a company's own officers and directors or other corporations, accumulate the shares of a company priced in the stock market at less than 66 % of net current asset value.

At yesterday's close of $ 0.44, VVTV has a market capitalization of $ 14.8 M, which is half its net current asset value of around $ 29.5 M, or $ 0.88 per share and 20 % of our estimate of its value in liquidation of around $ 74.8 M or $ 2.23 per share.

In order to ensure that the units trade at or very near their current net asset value («NAV») throughout the day, an institutional capital markets trader, known as the designated broker, creates and redeems units of the ETF with both the ETF provider and the secondary market.

Under the SEC proposal, an ETF would be defined as a registered open - end management investment company that: • Issues (or redeems) creation units in exchange for the deposit (or delivery) of basket assets the current value of which is disseminated per share by a national securities exchange at regular intervals during the trading day; • Identifies itself as an ETF in any sales literature; • Issues shares that are approved for listing and trading on a securities exchange; • Discloses each business day on its publicly available web site the prior business day's net asset value and closing market price of the fund's shares, and the premium or discount of the closing market price against the net asset value of the fund's shares as a percentage of net asset value; and • Either is an index fund, or discloses each business day on its publicly available web site the identities and weighting of the component securities and other assets held by the fund.

To the extent a Fund sells securities short, it will provide collateral to the broker - dealer and (except in the case of short sales «against the box») will maintain additional asset coverage in the form of cash, U.S. government securities or other liquid securities with its custodian in a segregated account in an amount at least equal to the difference between the current market value of the securities sold short and any amounts required to be deposited as collateral with the selling broker.

The fund may loan portfolio securities to qualified broker - dealers or other institutional investors provided: (1) the loan is secured continuously by collateral consisting of U.S. government securities, letters of credit, cash or cash equivalents or other appropriate instruments maintained on a daily marked - to - market basis in an amount at least equal to the current market value of the securities loaned; (2) the fund may at any time call the loan and obtain the return of the securities loaned; (3) the fund will receive any interest or dividends paid on the loaned securities; and (4) the aggregate market value of securities loaned will not at any time exceed one - third of the total assets of the fund, including collateral received from the loan (at market value computed at the time of the loan).

Old formula as prescribed by IRDA and as contained in the policy document: Market value of the investment plus / (minus) expenses incurred in the purchase / (sale) of assets plus current assets and accrued interest (net of fund management charges) less current liabilities and provisions, divided by, number of units outstanding under the fund at valuation date (before creation / redemption of units).