Agreeing on a price or a pricing formula for later delivery. "Forward pricing" is used broadly here to refer to both hedging with futures or options, and forward contracting.

The determination of the Selling Price or the Repurchase Price is based on the next valuation point after the application to purchase or repurchase of units is received by the Manager.

The method in which the price of a mutual fund transaction is determined. Orders for the purchase or redemption of mutual fund shares will be executed at the next calculated NAV (plus a sales charge if any).

Pricing mutual fund shares for sale, repurchase or redemption at the price computed after the receipt of an order. Pricing is usually done once or twice a day.

(USA) The SEC requirement that open-end investment... Add a comment

Under Securities and Exchange Commission (SEC) regulations, all incoming orders to buy and sell mutual fund shares become effective at the next net asset valuation of the fund shares.

System for pricing units in a unit trust, where buyers and sellers trade on the basis of prices to be set at the next price fixing for units, ie. after an instruction from an investor has been received. See Historic Pricing.

System for pricing units where the manager buys or sells the assets underlying the units at the next price fix for units, after an instruction from an investor who pays that price.

The process used by mutual funds to determine the net asset value of shares purchased and redeemed. The value, computed each day as of a time stated in the prospectus (usually the close of business of the New York Stock Exchange), applies to all purchases and redemptions made during that day prior to the close of the exchange.

This is the most common method of pricing authorised funds. Once the manager has received your instruction to buy or sell units, the price of those units will be determined at the next valuation point of the fund. Free Standing Additional Voluntary Contribution (FSAVC) schemes These permit people who are part of a company pension scheme to make additional contributions to a separate stand-alone scheme that can continue when you change employer.

the establishment of the price of a share in a mutual fund based on the next asset valuation.

The practice of locking in a price in the future, either by entering into a cash forward contract or a futures contract. In a cash forward contract, the parties usually intend to tender and accept the commodity, while futures contracts are generally offset, with a cash transaction occurring after offset.

A system of pricing where the price at which investors buy or sell is determined at the next valuation of the  fund. Investors are dealing blind in that they do not know the price they will pay or receive.

Pricing of mutual fund shares. The valuation of the portfolio occurs at least once per day. Orders to purchase or redeem shares will always be completed at the next valuation.

The method in which the price of a mutual fund transactions determined. Orders for the purchase of mutual fund shares will be executed at the next calculated NAV (plus sales charge if any). Likewise for shares being redeemed by the fund.

Price quoted for units where the manager arranges the underlying assets after the investor applies for the units. The price reflects the future or rearranged asset valuation.

Where orders to buy or sell units/shares in a fund are transacted at the price fixed at the next valuation after the instruction is received.