Manual GM1352

Page 1

,,, 1DPH RI (DFK &RPSRQHQW UHIHUULQJ WR )LJXUH

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

6RXQG /HYHO 0HWHU ,QVWUXFWLRQ PDQXDO

3RZHU VZLWFK %DFNOLJKW SRZHU EXWWRQ 0D[LPXP 0LQLPXP ORFNLQJ NH\ 0HDVXUHPHQW GDWD KROG NH\ /&' GLVSOD\ (OHFWULF FRQGHQVHU PLFURSKRQH :LQG UHVLVWDQW EDOO &DOLEUDWLRQ NQRE 0DFKLQH VWLFN %DWWHU\ GRRU

,, &DOLEUDWLRQ 0HWKRG 3OHDVH XVH G%# .+] VWDQGDUG VRXQG VRXUFH ǃ&DUHIXOO\ SOXJ WKH PLFURSKRQH KHDG LQ LQFK KROH RI VWDQGDUG VRXQG VRXUFH G%# .+] ǃ7XUQ RQ WKH SRZHU VZLWFK RI VWDQGDUG VRXQG VRXUFH G%# .+] XVH VWUDLJKW VFUHZGULYHU WR DGMXVW SRWHQWLRPHWHU ORFDWHG LQ WKH RSHQLQJ KROH ZLWKLQ WKH PDFKLQH VWLFN DQG PDNH /&' GLVSOD\ UHIHUULQJ WR )LJXUH 7KH PHWHU KDV EHHQ DGMXVWHG SURSHUO\ WKH UHFRPPHQGHG FDOLEUDWLRQ LQWHUYDO LV RQH \HDU

+2/' 0,1 0$;

G%$

0,1 0$;

+2/'

+2/' 0,1 0$;

G%$

0,1 0$;

+2/'

6RXQG /HYHO 0HWHU

6RXQG /HYHO 0HWHU

G%$

0,1 0$;

+2/'

)LJXUH 6RXQG /HYHO 0HWHU

9HUVLRQ 1R (1

)LJXUH

,,,, /&' 'LVSOD\ UHIHUULQJ WR )LJXUH

,QVWDOO WKUHH 9 $$$ %DWWHULHV

%DWWHU\ SRZHU SURPSW VLJQ 29(5 ZDUQLQJ VLJQ UHDGLQJ H[FHHGLQJ PHDVXULQJ UDQJH 'DWD UHWHQWLRQ 0D[LPXP YDOXH 0LQLPXP YDOXH 6RXQG OHYHO UHDGLQJ YDOXH 6RXQG OHYHO XQLW RI $ ZHLJKWLQJ

)LJXUH

+2/' 0,1 0$;

G%$

)LJXUH

9 2SHUDWLQJ ,QVWUXFWLRQV 2SHQ WKH EDWWHU\ FRYHU SXW $$$ VL]H EDWWHULHV RI 9 VHH )LJXUH &ORVH WKH EDWWHU\ FRYHU 5HDG WKH VRXQG OHYHO 3UHVV WKH SRZHU EXWWRQ³ ´ DIWHU WKH V IXOO VFUHHQ RI /&' SDQHO LQVWDQWO\ GLVSOD\ WKH VRXQG OHYHO YDOXH RI WKH FXUUHQW HQYLURQPHQWDO QRLVH WKH YDOXH FKDQJHV DFFRUGLQJ WR WKH PDJQLWXGH RI WKH HQYLURQPHQWDO QRLVH

/RFN WKH PLQLPXP VRXQG OHYHO YDOXH 3UHVV ³ ´ HQWHU ³0,1´ PHDVXULQJ PRGH WKH FXUUHQW YDOXH ZLOO EH ORFNHG XQWLO WKH PLQLPXP YDOXH DSSHDUV DQG UHSODFHV WKH FXUUHQW YDOXH /RFN WKH PD[LPXP VRXQG OHYHO YDOXH 3UHVV ³ ´ DJDLQ HQWHU ³0$;´ PHDVXULQJ PRGH WKH FXUUHQW YDOXH ZLOO EH ORFNHG XQWLO WKH PD[LPXP YDOXH DSSHDUV DQG UHSODFHV WKH FXUUHQW YDOXH SUHVV ³ ´ DJDLQ UHWXUQ WR PHDVXULQJ PRGH 0HDVXULQJ GDWD UHWHQWLRQ +2/' 3UHVV ³ ´ WKH FXUUHQW PHDVXULQJ YDOXH ZLOO EH +2/' ORFNHG SUHVV³ ´ DJDLQ TXLW WKH ORFN /&' EDFNOLJKW RSHUDWLQJ 0RPHQWDULO\ SUHVV ³ ´ /&' EDFNOLJKW LV RQ SUHVV ³ ´PRPHQWDULO\ DJDLQ /&' EDFNOLJKW LV RII 6KXWRII 7KH PHWHU ZLOO DXWRPDWLFDOO\ SRZHU RII E\ GHIDXOW IRU PLQXWHV ZLWKRXW DQ\ RSHUDWLRQ RU SUHVV ³ ´ IRU WZR VHFRQGV WKH PHWHU ZLOO EH WXUQHG RII E\ PDQXDO SUHVV ³ ´ IRU WKUHH VHFRQGV ZKHQ WKH PHWHU LV SRZHU RQ WKH /&' GLVSOD\V ³82)´ WKH PHWHU MXVW FDQ EH WXUQHG RII E\ PDQXDO RWKHU WKDQ DXWRPDWLF SRZHU RII

9, &RQVLGHUDWLRQV :KHQ WKH HOHFWULF SRZHU RI EDWWHU\ LV LQVXIILFLHQW ³ ´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

9,, 7HFKQLFDO 3DUDPHWHUV 0HDVXULQJ 5DQJH

a G%$

$FFXUDF\

f G%

)UHTXHQF\ 5HVSRQVH

+]a .+]

)UHTXHQF\ :HLJKWLQJ )HDWXUHV

$ :HLJKWLQJ

5HVROXWLRQ

G%

3RZHU 6RXUFH

9 $$$ %DWWHULHV

:RUNLQJ 7HPSHUDWXUH DQG +XPLGLW\ a Ä‘ a 5+ 6WRUDJH 7HPSHUDWXUH DQG +XPLGLW\ a Ä‘ a 5+ :HLJKW

J ([FOXGLQJ %DWWHU\

([WHUQDO 'LPHQVLRQ

PP

6SHFLDO 6WDWHPHQW 7KLV FRPSDQ\ UHVHUYHV WKH ULJKW RI FKDQJLQJ WKH SURGXFW GHVLJQ DQG FRQWHQWV RI LQVWUXFWLRQ LI FKDQJHG WKH VHSDUDWH QRWLFH LVQ¶W JLYHQ

0$'( ,1 &+,1$


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.