Compliance with Consensus Policies and Temporary Policies Registry Operator shall comply with and implement all Consensus Policies and Temporary Policies found at <xxxx://xxx.xxxxx.xxx/general/consensus-‐policies.htm>, as of the Effective Date and as may in the future be developed and adopted in accordance with the ICANN Bylaws, provided such future Consensus Polices and Temporary Policies are adopted in accordance with the procedure and relate to those topics and subject to those limitations set forth in Specification 1 attached hereto (“Specification 1”).
Investment Policies The investment policy of this Fund is to purchase securities, including depositary receipts, of certain companies traded in global developed countries which the Investment Manager deems eligible. Under normal circumstances, the Fund will invest most of its net assets in securities of companies located in global developed countries. The Fund will generally be overweighted in small companies and in shares which the Investment Manager deems to be eligible value stocks, and underweighted in large growth companies. Companies are considered small primarily based on a company's market capitalisation. Securities are considered value stocks primarily because a company's shares have a high book value in relation to their market value. In assessing value, the Investment Manager may consider additional factors such as price to cash flow or price to earnings ratios, as well as economic conditions and developments in the issuer's industry. The criteria the Investment Manager uses for assessing value are subject to change from time to time. The Investment Manager may also modify Fund allocations after considering other factors which the Investment Manager determines to be appropriate, such as free float, momentum, trading strategies, liquidity management, and profitability, as well as other factors that the Investment Manager determines to be appropriate. In assessing profitability, the Investment Manager may consider different ratios, such as that of earnings or profits from operations relative to book value or assets. Generally, the Fund intends to purchase a broad and diverse group of readily marketable shares of companies traded on principal exchanges in certain global developed countries. For a current list of countries as of the date of this Prospectus, please refer to GLOBAL DEVELOPED EQUITY FUNDS – COUNTRIES below. No more than 20% of the Fund's net assets will be invested in countries which the Investment Manager considers to be emerging markets. In addition to investment in securities of companies located in global developed countries, investments held by the Fund may include collective investment schemes which the Investment Manager considers will give consistent returns to investors in line with the target returns of the Fund. No more than 5% of the Fund’s net assets will be invested in collective investment schemes, however the Investment Manager may increase this limit to 10% of the Fund’s net assets upon prior notice to the Shareholders of the Fund. The Directors have established eleven Classes in this Fund. USD Accumulation Shares and USD Distributing Shares are denominated in U.S. Dollars, EUR Accumulation Shares and EUR Distributing Shares are denominated in Euro, GBP Accumulation Shares and GBP Distributing Shares are denominated in Sterling, JPY Accumulation Shares and JPY Distributing Shares are denominated in Japanese Yen, SEK Accumulation Shares and SEK Distributing Shares are denominated in in Swedish Krona and SGD Accumulation Shares are denominated in Singapore Dollar. The Investment Manager does not currently intend to hedge any foreign currency exposure in any Class. For efficient portfolio management purposes the Fund may also acquire forward foreign currency contracts and futures. The Fund will not be leveraged through the use of forward foreign currency contracts. The Investment Manager may use forward foreign currency contracts to hedge share classes against fluctuations in exchange rates. To the extent that the Fund utilises futures for efficient portfolio management purposes other than hedging, the Fund may be leveraged, but such leverage will not be material and will not, in any circumstances, exceed 100% of the Net Asset Value of the Fund at any time. The Fund's global exposure relating to derivative instruments will be calculated using a commitment approach. Please see APPENDIX II for further details in relation to the use of forward foreign currency contracts and futures for efficient portfolio management purposes. It is not the Fund's current intention to utilise any derivative instruments other than forward foreign currency contracts and futures. More than 50% of the value of the Fund shall be invested in equity participations within the meaning of Section 2 (8) of the German Investment Tax Act (Investmentsteuergesetz). The actual equity participation rates of target investment funds may be taken into account provided that such target investment funds have at least a weekly valuation frequency. When determining the amount of assets invested in equity participations, borrowings of the Fund are deducted according to the proportion of the value of all assets accounted for as the equity participations in the total gross asset value of the fund. GLOBAL CORE EQUITY II FUND Investment Objective The investment objective of the Global Core Equity II Fund is to maximise long-term total return.
Policies and Temporary Policies Registry Operator shall comply with and implement all Consensus Policies and Temporary Policies found at <xxxx://xxx.xxxxx.xxx/general/consensus-policies.htm>, as of the Effective Date and as may in the future be developed and adopted in accordance with the ICANN Bylaws, provided such future Consensus Polices and Temporary Policies are adopted in accordance with the procedure and relate to those topics and subject to those limitations set forth in Specification 1 attached hereto (“Specification 1”). Data Escrow. Registry Operator shall comply with the registry data escrow procedures set forth in Specification 2 attached hereto (“Specification 2”).
Management; Community Policies Owner may retain employees and management agents from time to time to manage the Property, and Owner’s agent may retain other employees or contractors. Resident, on behalf of himself or herself and his or her Guests, agrees to comply fully with all directions from Owner and its employees and agents, and the rules and regulations (including all amendments and additions thereto, except those that substantially modify the Resident’s bargain and to which Resident timely objects) as contained in this Housing Agreement and the Community Policies of the Property. The Community Policies are available at xxxx://xxxxxxxxxxxxxx.xxx/policies.pdf or on request from the management office and are considered part of this Housing Agreement.
Policies and Procedures i) The policies and procedures of the designated employer apply to the employee while working at both sites.