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16.5. Redemption Price and proceeds

The Redemption Price per Investor Unit will be equal to the Net Asset Value per Unit as of the Valuation Date immediately preceding the Redemption Date.

The Manager at their sole discretion may commission a new Net Asset Value calculation to be used in determining the Redemption Price if the Manager feels that the previous Net Asset Value is out of date and no longer representative.

The redemption proceeds will be equal to the number of Investor Units the Investor has asked to redeem multiplied by the Redemption Price.