Main Investment Strategy Sample Clauses

Main Investment Strategy. In seeking to track the performance of MSCI All Country World Index ex USA Index, the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the MSCI All Country World Index ex USA Index. Instead, the Fund may purchase a subset of the securities in the MSCI All Country World Index ex USA Index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the MSCI All Country World Index ex USA Index. The quantity of holdings in the Fund will be based on a number of factors, including asset size of the Fund. Based on its analysis of these factors, SSGA FM Inc., the investment advisor to the Fund, either may invest the Fund’s assets in a subset of securities in the MSCI All Country World Index ex USA Index or may invest the Fund’s assets in substantially all of the securities represented in the MSCI All Country World Index ex USA Index in approximately the same proportions as the MSCI All Country World Index ex USA Index, as determined by the Advisor to be in the best interest of the Fund in pursuing its objective. The Fund is classified as “diversified” under the Investment Company Act of 1940, as amended; however, the Fund may become “non-diversified” solely as a result of changes in the composition of the MSCI All Country World Index ex USA Index(e.g., changes in weightings of one or more component securities). When the Fund is non-diversified, it may invest a relatively high percentage of its assets in a limited number of issuers. Under normal market conditions, the Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the MSCI All Country World Index ex USA Index and in depositary receipts (including American Depositary Receipts (“ADRs”) or Global Depositary Receipts (“GDRs”) based on securities comprising the MSCI All Country World Index ex USA Index. In addition, in seeking to track the MSCI All Country World Index ex USA Index, the Fund may invest in equity securities that are not included in the MSCI All Country World Index ex USA Index(including common stock, preferred stock, depositary receipts and shares of other investment companies), cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds (including money market funds advised by the Advisor). In seeking to track the MSCI All Country World Index ex USA Index, the Fund’s assets w...
Sample 1
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Main Investment Strategy. Confirm: The Sub-Adviser under normal market condition, write (sell) covered call options on the common stocks held by the Fund [prospectus]
Sample 1
Main Investment Strategy. Confirm: The Sub-Adviser may also as part of its option strategy, purchase put options on the MSCI world Index, the S&P 500 Index, The Financial Times Stock Exchange Index ("FTSE"), The Nikkei All Stock Index ("NIKKEI"), The Dow Xxxxx Euro Stoxx 50 (price) Index ("EUROSTOXX50") or any other broad-based global, regional or local securities indices for large, mid or small capitalization equities. [prospectus]
Sample 1
Main Investment Strategy. In seeking to track the performance of the Bloomberg 1-3 Month U.S. Treasury Bill Index, the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Bloomberg 1-3 Month U.S. Treasury Bill Index. Instead, the Fund may purchase a subset of the securities in the Bloomberg 1-3 Month U.S. Treasury Bill Index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the Bloomberg 1-3 Month U.S. Treasury Bill Index. The quantity of holdings in the Fund will be based on a number of factors, including asset size of the Fund. Based on its analysis of these factors, SSGA Funds Management, Inc., the investment advisor to the Fund, either may invest the Fund’s assets in a subset of securities in the Bloomberg 1-3 Month U.S. Treasury Bill Index or may invest the Fund’s assets in substantially all of the securities represented in the Bloomberg 1-3 Month U.S. Treasury Bill Index in approximately the same proportions as the Bloomberg 1-3 Month U.S. Treasury Bill Index, as determined by the Advisor to be in the best interest of the Fund in pursuing its objective. Under normal market conditions, the Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Bloomberg 1-3 Month U.S. Treasury Bill Index and in securities that the Advisor determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the Bloomberg 1-3 Month U.S. Treasury Bill Index. In addition, in seeking to track the Bloomberg 1-3 Month U.S. Treasury Bill Index, the Fund may invest in debt securities that are not included in the Bloomberg 1-3 Month U.S. Treasury Bill Index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds (including money market funds advised by the Advisor). The Bloomberg 1-3 Month U.S. Treasury Bill Index is designed to measure the performance of public obligations of the U.S. Treasury that have a remaining maturity of greater than or equal to 1 month and less than 3 months. The Bloomberg 1-3 Month U.S. Treasury Bill Index includes all publicly issued U.S. Treasury Bills that have a remaining maturity of less than 3 months and at least 1 month, are rated investment-grade. In addition, the securities must be denominated in U.S. dollars and must have a fixed rate. The Bloomberg 1-3 Month U...
Sample 1

Related to Main Investment Strategy

  • Investment Strategy The Company’s investment strategy described in the Registration Statement and the Prospectus accurately reflect in all material respects the current intentions of the Company with respect to the operation of the Company’s business, and no material deviation from such investment strategy is currently contemplated.

  • Investment Promotion 1. Each Contracting Party shall promote investments in its territory by investors of the other Contracting Party and admit such investments in accordance with its legislation.

  • Investment Program The Subadviser is hereby authorized and directed and hereby agrees, subject to the stated investment objective and policies of the Fund as set forth in the Trust’s current Registration Statement and subject to the supervision of the Adviser and the Board of Trustees of the Trust, to (i) develop and furnish continuously an investment program and strategy for the Fund in compliance with the Fund’s investment objective and policies as set forth in the Trust’s current Registration Statement, (ii) provide research and analysis relative to the investment program and investments of the Fund, (iii) determine (subject to the overall supervision of the Board of Trustees of the Trust) what investments shall be purchased, held, sold or exchanged by the Fund and what portion, if any, of the assets of the Fund shall be held in cash or cash equivalents, and (iv) make changes on behalf of the Trust in the investments of the Fund. In accordance with paragraph 2(ii)(b), the Subadviser shall arrange for the placing of all orders for the purchase and sale of securities and other investments for the Fund’s account and will exercise full discretion and act for the Trust in the same manner and with the same force and effect as the Trust might or could do with respect to such purchases, sales or other transactions, as well as with respect to all other things necessary or incidental to the furtherance or conduct of such purchases, sales or transactions. The Subadviser will make its officers and employees available to meet with the Adviser’s officers and directors on due notice at reasonable times to review the investments and investment program of the Fund in light of current and prospective economic and market conditions. The Subadviser is authorized on behalf of the Fund to enter into agreements and execute any documents required to make investments pursuant to the Prospectus as may be amended from time to time. The Subadviser’s responsibility for providing portfolio management services hereunder shall be limited to only those assets of the Fund which the Adviser determines to allocate to the Subadviser (those assets being referred to as the “Fund Account”), and the Subadviser agrees that it shall not consult with any investment advisor(s) (within the meaning of the 0000 Xxx) to the Fund or any other registered investment company or portfolio series thereof under common control with the Fund concerning transactions for the Fund Account in securities or other assets such that the exemptions under Rule 10f-3, Rule 12d-3 and/or Rule 17a-10 under the 1940 Act would not be available with respect to the Fund. The Subadviser shall exercise voting authority with respect to proxies that the Fund is entitled to vote by virtue of the ownership of assets attributable to that portion of the Fund for which the Subadviser has investment management responsibility; provided that the exercise of such authority shall be subject to periodic review by the Adviser and the Trustees of the Trust; provided, further that such authority may be revoked in whole or in part by the Adviser if required by applicable law. The Subadviser shall exercise its proxy voting authority hereunder in accordance with such proxy voting policies and procedures as the Trust may designate from time to time. The Subadviser shall provide such information relating to its exercise of proxy voting authority hereunder (including the manner in which it has voted proxies and its resolution of conflicts of interest) as reasonably requested by the Adviser from time to time. In the performance of its duties hereunder, the Subadviser is and shall be an independent contractor and except as expressly provided for herein or otherwise expressly provided or authorized shall have no authority to act for or represent the Fund or the Trust in any way or otherwise be deemed to be an agent of the Fund, the Trust or of the Adviser. If any occasion should arise in which the Subadviser gives any advice to its clients concerning the shares of a Fund, the Subadviser will act solely as investment counsel for such clients and not in any way on behalf of the Trust or the Fund.

  • Company Not an “Investment Company The Company is not, and will not be, either after receipt of payment for the Offered Shares or after the application of the proceeds therefrom as described under “Use of Proceeds” in the Registration Statement, the Time of Sale Prospectus or the Prospectus, required to register as an “investment company” under the Investment Company Act of 1940, as amended (the “Investment Company Act”).

  • Investment Managers Third party investment managers that manage and direct the investment activities of Investment Funds or are retained to manage and invest a designated portion of the assets of the Master Fund.

  • Investment Management If and to the extent requested by the Advisor, the Sub-Advisor shall, subject to the supervision of the Advisor, manage all or a portion of the investments of the Portfolio in accordance with the investment objective, policies and limitations provided in the Portfolio's Prospectus or other governing instruments, as amended from time to time, the Investment Company Act of 1940 (the "1940 Act") and rules thereunder, as amended from time to time, and such other limitations as the Trust or Advisor may impose with respect to the Portfolio by notice to the Sub-Advisor. With respect to the portion of the investments of the Portfolio under its management, the Sub-Advisor is authorized to make investment decisions on behalf of the Portfolio with regard to any stock, bond, other security or investment instrument, and to place orders for the purchase and sale of such securities through such broker-dealers as the Sub-Advisor may select. The Sub-Advisor may also be authorized, but only to the extent such duties are delegated in writing by the Advisor, to provide additional investment management services to the Portfolio, including but not limited to services such as managing foreign currency investments, purchasing and selling or writing futures and options contracts, borrowing money or lending securities on behalf of the Portfolio. All investment management and any other activities of the Sub-Advisor shall at all times be subject to the control and direction of the Advisor and the Trust's Board of Trustees.

  • Investment Canada The Purchaser is not a non-Canadian within the meaning of the Investment Canada Act (Canada).

  • Passive Foreign Investment Company The Company shall conduct its business, and shall cause its Subsidiaries to conduct their respective businesses, in such a manner as will ensure that the Company will not be deemed to constitute a passive foreign investment company within the meaning of Section 1297 of the Code.

  • Not an Investment Company The Borrower is not an "investment company" within the meaning of the Investment Company Act of 1940, as amended.

  • Preference for Domestically Manufactured Goods The provisions of paragraphs 2.54 and 2.55 of the Guidelines and Appendix 2 thereto shall apply to goods manufactured in the territory of the Borrower.

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