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16.6. Notification of Transaction

A confirmation statement will be sent by the Administrator to the relevant Investor (or its nominated agent if so requested by the Investor) by ordinary post, electronic mail or facsimile as soon as reasonably practicable after the relevant Dealing Day, detailing the redemption proceeds due. 

In calculating the redemption proceeds, the amount will be rounded to the nearest cent (0.01), with the Investment Compartment being entitled to receive the adjustment. 

The Redemption Price per Unit may be higher or lower than the Subscription Price paid by the Investor, depending on the Net Asset Value per Unit of the Valuation Date immediately preceding the Redemption Date. 

Payment for Units redeemed will be paid in cash in the Reference Currency of the Investment Compartment not later than fifteen (15) Business Days after the relevant Valuation Day, unless legal constraints, such as foreign exchange controls or restrictions on capital movements, or other circumstances, make it impossible or impracticable to transfer the redemption amount to the country in which the application for redemption was submitted.