Investment Policy and Strategy Sample Clauses

Investment Policy and Strategy. The Fund will invest a minimum of 90% of the NAV of the Fund in the Target Fund; the balance of the NAV of the Fund will be invested in liquid assets. As the Target Fund is denominated in USD, the Manager will invest in currency forwards at the Class level (where necessary) to reduce the exposure of the relevant Class to foreign exchange fluctuations. The investment policy and strategy of the Fund will be further elaborated on in chapter 3: Fund Information. Please refer to chapter 4: Information on the Target Fund for information on how the Target Fund works and the investment policies and strategies employed by the Target Fund. Asset Allocation ▪ Minimum 90% of the NAV of the Fund will be invested in the Target Fund; ▪ Up to 10% of the NAV of the Fund will be invested in liquid assets. Principal Risks Associated with the Fund ▪ Currency risk; ▪ Hedging risk; ▪ Counterparty risk; ▪ Foreign country security risk; ▪ Target Fund risk; ▪ External fund manager’s risk. The principal risks associated with the Fund will be further elaborated on in chapter 2: Risk Factors. Principal Risks Associated with the Target Fund ▪ Concentration risk; ▪ Country risk - China; ▪ Currency risk; ▪ Derivatives risk; ▪ Emerging markets risk; ▪ Equity risk; ▪ Hedging risk; ▪ Investment fund risk; ▪ Management risk; ▪ Market risk; ▪ Counterparty risk; ▪ Default risk; ▪ Liquidity risk; and ▪ Operational risk. The principal risks associated with the Target Fund will be further elaborated on in chapter 2: Risk Factors. Benchmark MSCI Emerging Markets index. The above benchmark has been adopted as the performance benchmark for the Fund as it is the performance benchmark adopted by the Target Fund. Note: The risk profile of the Fund is not the same as the risk profile of the performance benchmark. Investors’ Profile The Fund is suitable for Unit Holders who: ▪ seek capital appreciation and incidental income; and ▪ plan to hold their investments for the long term. Financial Year End The period of 12 months ending on the 30th day of April of every calendar year except that the first financial year of the Fund shall commence on the date of the first information memorandum for the Fund and end on the 30th day of April 2018. Initial Offer Price RM1.00 USD1.00 SGD1.00 Launch Date 14 February 2017 14 February 2017 14 February 2017 Initial Offer Period The Initial Offer Period is 60 days from the launch date for RM Class, USD Class and SGD Class or such other period as may be determined by the ...
Sample 1
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Investment Policy and Strategy. The Fund will invest a minimum of 90% of the NAV of the Fund in the Target Fund; the balance of the NAV of the Fund will be invested in liquid assets. As the Fund is a wholesale feeder fund, the investments of the Fund will consist of a single collective investment scheme, i.e. the Target Fund. The Manager will monitor the investment objective of the Target Fund to ensure that it is consistent with the investment objective of the Fund. In view of the aforesaid, the Fund will not undertake any temporary defensive position. Accordingly, the Fund’s performance will be directly correlated to the performance of the Target Fund subject to the Fund’s currency hedging strategy being successful. As the Target Fund is denominated in USD, the Manager will invest in currency forwards at the Class level (where necessary) to reduce the exposure of the relevant Class to foreign exchange fluctuations. Please refer to chapter 4 for details on how the Target Fund works and the investment policies and strategies employed by the Target Fund. If and when the Manager considers the investment in the Target Fund is unable to meet the objective of the Fund, the Manager may choose to replace the Target Fund with another collective investment scheme that is deemed more appropriate. The Manager will seek Unit Holders’ approval before any such changes are made.
Sample 1

Related to Investment Policy and Strategy

  • Investment Policy Investment objectives, policies and other restrictions for the management of the Investment Assets, including requirements as to diversification, are set forth in Exhibit A to this Agreement. The Sub-Advisor must discharge its duties hereunder in accordance with Exhibit A as revised or supplemented in separate written instructions provided from time to time by the Advisor or the Fund’s Board of Directors.

  • SPAM POLICY You are strictly prohibited from using the Website or any of the Company's Services for illegal spam activities, including gathering email addresses and personal information from others or sending any mass commercial emails.

  • Pet Policy 🞎 Pets are prohibited 🞎 Up to pets are permitted The following pet requirements apply [insert requirements including type, size and quantity,ifapplicable: ] The above-described pet policy is a material provision of this Lease. Violation of the pet policy may lead to damages, deposit, and/or fees or additional rent assessed to Tenant and constitutes a default under this Lease.

  • Policy and Procedures If the resident leaves the facility due to hospitalization or a therapeutic leave, the facility shall not be obligated to hold the resident’s bed available until his or her return, unless prior arrangements have been made for a bed hold pursuant to the facility’s “Bed Reservation Policy and Procedure” and pursuant to applicable law. In the absence of a bed hold, the resident is not guaranteed readmission unless the resident is eligible for Medicaid and requires the services provided by the facility. However, the resident may be placed in any appropriate bed in a semi-private room in the facility at the time of his or her return from hospitalization or therapeutic leave provided a bed is available and the resident’s admission is appropriate and meets the readmission requirements of the facility.

  • Summary of Policy and Prohibitions on Procurement Lobbying Pursuant to State Finance Law §139-j and §139-k, this Contract includes and imposes certain restrictions on communications between OGS and a Vendor during the procurement process. A Vendor is restricted from making contacts from the earliest notice of intent to solicit offers/bids through final award and approval of the Procurement Contract by OGS and, if applicable, the Office of the State Comptroller (“restricted period”) to other than designated staff unless it is a contact that is included among certain statutory exceptions set forth in State Finance Law §139-j(3)(a). Designated staff, as of the date hereof, is identified in Appendix G, Contractor and OGS Information, or as otherwise indicated by OGS. OGS employees are also required to obtain certain information when contacted during the restricted period and make a determination of the responsibility of the Vendor pursuant to these two statutes. Certain findings of non-responsibility can result in rejection for contract award and in the event of two findings within a four-year period; the Vendor is debarred from obtaining governmental Procurement Contracts. Further information about these requirements can be found on the OGS website: xxxx://xxx.xxx.xx.xxx/aboutOgs/regulations/defaultSFL_139j-k.asp.

  • General Guidelines 1. Conduct yourself in a responsible manner at all times in the laboratory.

  • Payment Policy 11.9.1 A full-time tenure-track teacher, who is a member of the bargaining unit on an annual salary basis and who has served a complete school year as teacher, shall be paid in twelve (12) equal monthly installments.

  • Investment Guidelines In addition to the information to be provided to the Sub-Advisor under Section 2 hereof, the Trust or the Advisor shall supply the Sub-Advisor with such other information as the Sub-Advisor shall reasonably request concerning the Fund’s investment policies, restrictions, limitations, tax position, liquidity requirements and other information useful in managing the Fund’s investments.

  • EMPLOYMENT POLICY AND UNION MEMBERSHIP 5.01 The Union and the Employer will cooperate in maintaining a desirable and competent labour force. The Employer will notify the Union of labour requirements, giving as much prior notice as possible. The Union will provide a list of labour available. The Employer, at its discretion, may hire the employees listed or from other sources.

  • Appointment Policy In making promotions and transfers, the qualifications and abilities of the employees concerned shall be the primary considerations, and where such factors are relatively equal, seniority shall be the determining factor.

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