Basket of Securities definition

Basket of Securities means a group of securities or assets determined by Purpose from time to time representing the constituent securities of a fund.

Basket of Securities means a group of shares or other securities, including but not limited to one or more exchange traded funds or securities, as determined by the Manager from time to time for the purpose of subscription orders, exchanges, redemptions or for other purposes;

Basket of Securities means, in relation to a particular Brompton ETF, a group of securities and/or assets determined by the Manager from time to time representing the constituent securities of the portfolio of the Brompton ETF.

Examples of Basket of Securities in a sentence

• Index/Formula/other variable:The Basket of Securities as defined in paragraph 29(i) below.

• Index/Formula/other variable:The Basket of Securities as defined in paragraph 28(i) below.

• In this section, an "Underlying" shall mean an Index or Security, as the case may be, and a "Basket of Underlyings" shall mean a Basket of Indices or Basket of Securities, as the case may be.

• The exchange price will be equal to the NAV of the applicable PNU tendered for exchange determined at the valuation time on the effective date of the exchange request, payable by delivery of a Basket of Securities (constituted as most recently published prior to the effective date of the exchange request) and cash.

• The exchange price will be equal to the applicable Series NAV per Share multiplied by the number of Shares comprising each PNS tendered for exchange determined at the Valuation Time on the effective date of the Exchange Request, payable by delivery of a Basket of Securities (constituted as most recently published prior to the effective date of the Exchange Request) and cash, or in the discretion of the manager, cash only, subject to payment of the applicable cash exchange fee, if any.

More Definitions of Basket of Securities

Basket of Securities means a group of securities and/or assets determined by the Manager from time to time representing the constituents of the Harvest ETFs;

Basket of Securities means a group of securities and/or assets determined by the Manager from time to time representing the constituents of the Harvest ETFs or, for an index-tracking Harvest ETF, (i) a group of some or all of the Constituent Securities held, to the extent reasonably possible, in approximately the same proportion as they are reflected in the Index; or (ii) a group of some or all of the Constituent Securities and other securities selected by the Manager from time to time that collectively reflect the aggregate investment characteristics of, or a representative sample of, the Index;

Basket of Securities means: (i) for all funds, other than KILO, a group of securities or assets determined by Purpose from time to time representing the constituent securities of a fund that offers ETF Securities; and (ii) for KILO, the gold bullion and cash in such amount as determined by Purpose in its discretion from time to time.

Basket of Securities means, in relation to the ETF Series of a Fund, a group of securities and/ or assets determined by the Manager from time to time, representing the constituents of the Fund.

Basket of Securities means, in relation to an ETF, if applicable, a group of securities and/or assets determined by the Manager from time to time, which represent a portion or all of the securities and/or assets held by the ETF, based on each security’s sale price and/or asset’s value at the Valuation Time on the applicable Valuation Day;

Basket of Securities means, in relation to a particular First Asset ETF, a group of securities and/or assets determined by the Manager from time to time representing the constituents of the First Asset ETF;

Basket of Securities means the bundle of securities whose names and numbers are specified each business day by an ETF, in exchange for which, the ETF will issue, or in return for which it will redeem ETF shares; provided that the ETF may allow cash to be a part of the basket in accordance with the provisions contained in this Code;