> For the complete documentation index, see [llms.txt](https://docs.dmz.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.dmz.finance/effective-subscription-price.md).

# Effective Subscription Price

**Susequent Token Price Calculation**

Thereafter, tokens will be issued at the prevailing NAV per token on each relevant dealing date.

<figure><img src="/files/9CovCRpbFmGFECDBTemD" alt=""><figcaption></figcaption></figure>