Fund Shares definition

Fund Shares means any Securities issued by an investment company registered under the Investment Company Act of 1940.

Fund Shares means the shares or other units of beneficial interest of each Fund.

Fund Shares. (see “Shares”)

Examples of Fund Shares in a sentence

• All Fund Shares of the Investment Company acquired by the Custodian shall be held in the name of the Custodian or its nominee for the benefit of the Participant (or the Beneficiary after the Participant’s death).

• The mutual funds, portfolios, and company shall be collectively referred to herein as “the Funds” and the shares of the Funds shall be collectively referred to as “Fund Shares.” Fund Shares shall be purchased at the public offering price for Fund Shares next to be determined after receipt of the contribution by the Custodian or its agent.

• If the agreement between the Custodian and the Sponsor of a Mutual Fund that is an Eligible Investment does not require that the Custodian vote Mutual Fund proxies, then the Custodian will not vote any Fund Shares in that Mutual Fund except upon written direction from the Participant.

• The Custodian is authorized to hire agents (including any transfer agent for Fund Shares) to perform certain duties under this agreement.

• Mutual Funds may be subject to propositions that require a proxy vote by individuals who own Fund Shares in the Mutual Funds.

More Definitions of Fund Shares

Fund Shares means any Securities issued by an investment company registered under the United States Investment Company Act of 1940, as amended.

Fund Shares means shares of a Mutual Fund.

Fund Shares means shares of beneficial interest in any series of the Fund or any mutual fund advised by the Adviser or an affiliate.

Fund Shares. “Fund Shares” means shares of ownership in an Investment Company.

Fund Shares means the outstanding shares issued by a Fund.

Fund Shares means shares of an investment company registered under the Investment Company Act of 1940, as amended, or shares of an investment trust which are deposited in the Trust.

Fund Shares means the shares of an open-end management investment company registered under the Act, other than a ‘money market’ fund designed to have a constant NAV.