A SERVICE OF

logo

Open as PDF
next previous

2WKHUV
2WKHUV2WKHUV
2WKHUV
 &DOFXODWLRQRIHTXLYDOHQWFDSDFLW\3RIKDUPRQLFJHQHUDWLQJHTXLSPHQW
7KHHTXLYDOHQWFDSDFLW\LVWKHFDSDFLW\RIDSXOVHFRQYHUWHUFRQYHUWHGIURPWKHFDSDFLW\RIFRQVXPHUVKDU
PRQLFJHQHUDWLQJHTXLSPHQWDQGLVFDOFXODWHGZLWKWKHIROORZLQJHTXDWLRQ,IWKHVXPRIHTXLYDOHQWFDSDFLWLHVLV
KLJKHUWKDQWKHOLPLWLQ7DEOHKDUPRQLFVPXVWEHFDOFXODWHGZLWKWKHIROORZLQJSURFHGXUH
 &DOFXODWLRQRIRXWJRLQJKDUPRQLFFXUUHQW
2XWJRLQJKDUPRQLFFXUUHQW IXQGDPHQWDOZDYHFXUUHQWYDOXHFRQYHUWHGIURPUHFHLYHGSRZHUYROWDJH
×
RSHUDWLRQUDWLR
×
KDUPRQLFFRQWHQW
2SHUDWLRQUDWLR2SHUDWLRQUDWLR DFWXDOORDGIDFWRU×RSHUDWLRQWLPHUDWLRGXULQJPLQXWHV
+DUPRQLFFRQWHQWV)RXQGLQ7DEOH
 +DUPRQLFVXSSUHVVLRQWHFKQLTXHUHTXLUHPHQW
,IWKHRXWJRLQJKDUPRQLFFXUUHQWLVKLJKHUWKDQWKHPD[LPXPYDOXHSHUN:+3FRQWUDFWSRZHU×FRQWUDFW
SRZHUDKDUPRQLFVXSSUHVVLRQWHFKQLTXHLVUHTXLUHG
7DEOH+DUPRQLF&RQWHQW$VVXPLQJWKDWWKHIXQGDPHQWDOFXUUHQWLV
7DEOH+DUPRQLF&RQWHQW$VVXPLQJWKDWWKHIXQGDPHQWDOFXUUHQWLV7DEOH+DUPRQLF&RQWHQW$VVXPLQJWKDWWKHIXQGDPHQWDOFXUUHQWLV
7DEOH+DUPRQLF&RQWHQW$VVXPLQJWKDWWKHIXQGDPHQWDOFXUUHQWLV
5HDFWRU
5HDFWRU5HDFWRU
5HDFWRU WK
WKWK
WK WK
WKWK
WK WK
WKWK
WK WK
WKWK
WK WK
WKWK
WK WK
WKWK
WK UG
UGUG
UG WK
WKWK
WK
1RWXVHG        
8VHG$&VLGH        
8VHG'&VLGH        
8VHG$&'&VLGHV        
3 
Σ
.L
×
3L>N9$@
 5DWHGFDSDFLW\'HWHUPLQHGE\WKHFDSDFLW\RIWKHDSSOLHG
PRWRU DQGIRXQG LQ 7DEOH ,W VKRXOG EHQRWHG WKDWWKH
UDWHGFDSDFLW\XVHGKHUHLVXVHGWRFDOFXODWHJHQHUDWHG
KDUPRQLFDPRXQWDQGLVGLIIHUHQWIURPWKHSRZHUVXSSO\
FDSDFLW\UHTXLUHGIRUDFWXDOLQYHUWHUGULYH
.L &RQYHUVLRQIDFWRUUHIHUWR7DEOH
3L 5DWHGFDSDFLW\RIKDUPRQLFJHQHUDWLQJ
HTXLSPHQW>N9$@
L 1XPEHULQGLFDWLQJWKHFRQYHUVLRQFLUFXLWW\SH
7DEOH5DWHG&DSDFLWLHVDQG2XWJRLQJ+DUPRQLF&XUUHQWVIRU,QYHUWHU'ULYH
7DEOH5DWHG&DSDFLWLHVDQG2XWJRLQJ+DUPRQLF&XUUHQWVIRU,QYHUWHU'ULYH7DEOH5DWHG&DSDFLWLHVDQG2XWJRLQJ+DUPRQLF&XUUHQWVIRU,QYHUWHU'ULYH
7DEOH5DWHG&DSDFLWLHVDQG2XWJRLQJ+DUPRQLF&XUUHQWVIRU,QYHUWHU'ULYH
$SSOLHG
$SSOLHG$SSOLHG
$SSOLHG
0RWRU
0RWRU0RWRU
0RWRU
N:
N:N:
N:
+3
+3+3
+3
5DWHG&XUUHQW
5DWHG&XUUHQW5DWHG&XUUHQW
5DWHG&XUUHQW
>$@
>$@>$@
>$@
)XQGD
)XQGD)XQGD
)XQGD
PHQWDO
PHQWDOPHQWDO
PHQWDO
:DYH&XU
:DYH&XU:DYH&XU
:DYH&XU
UHQW&RQ
UHQW&RQUHQW&RQ
UHQW&RQ
YHUWHG
YHUWHGYHUWHG
YHUWHG
IURPN9
IURPN9IURPN9
IURPN9
P$
P$P$
P$
5DWHG
5DWHG5DWHG
5DWHG
&DSDFLW\
&DSDFLW\&DSDFLW\
&DSDFLW\
N9$
N9$N9$
N9$
2XWJRLQJ+DUPRQLF&XUUHQW&RQYHUWHGIURPN9P$
2XWJRLQJ+DUPRQLF&XUUHQW&RQYHUWHGIURPN9P$2XWJRLQJ+DUPRQLF&XUUHQW&RQYHUWHGIURPN9P$
2XWJRLQJ+DUPRQLF&XUUHQW&RQYHUWHGIURPN9P$
1RUHDFWRURSHUDWLRQUDWLR
1RUHDFWRURSHUDWLRQUDWLR1RUHDFWRURSHUDWLRQUDWLR
1RUHDFWRURSHUDWLRQUDWLR
9
99
9 9
99
9 WK
WKWK
WK WK
WKWK
WK WK
WKWK
WK WK
WKWK
WK WK
WKWK
WK WK
WKWK
WK UG
UGUG
UG WK
WKWK
WK
            
           
           
           
           
           
           
           