Common use of Master Feeder Structure Clause in Contracts

Master Feeder Structure. If permitted by the 1940 Act, the Board of Trustees, by vote of a majority of the Trustees, and without a Shareholder vote, may cause the Trust or any one or more Series to convert to a master feeder structure (a structure in which a feeder fund invests all of its assets in a master fund, rather than making investments in securities directly) and thereby cause existing Series of the Trust to either become feeders in a master fund, or to become master funds in which other funds are feeders.

Appears in 121 contracts

Samples: Agreement and Declaration (Franklin Municipal Securities Trust), Agreement and Declaration of Trust (Franklin California Tax Free Income Fund), Agreement and Declaration (Quaker Investment Trust)

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Master Feeder Structure. If permitted by the 1940 Act, the Board of Trustees, by vote of a majority of the Trustees, and without a Shareholder vote, may cause the Trust or any one or more Series to convert to a master feeder structure (a structure in which a feeder fund invests all of its assets in a master fund, rather than making investments in securities directly) and thereby cause existing Series of the Trust to either become feeders in to a master fund, or to become master funds in to which other funds are feeders.

Appears in 9 contracts

Samples: Agreement and Declaration (Keystone Mutual Funds), Agreement and Declaration of Trust (MGI Funds), Agreement and Declaration (MGI Funds)

Master Feeder Structure. If permitted by the 1940 Act, the Board of Trustees, by vote of a majority of the Trustees, and without a Shareholder vote, may cause the Trust or any one or more Series to convert to a master feeder structure (a structure in which a feeder fund invests all of its assets in a master fund, fund rather than making investments in securities directly) and thereby cause existing Series of the Trust to either become feeders in a master fund, or to become master funds in which other funds are feeders.

Appears in 8 contracts

Samples: Agreement and Declaration (AssetMark Funds II), Agreement and Declaration (AssetMark Funds II), Agreement and Declaration (Dfa Investment Trust Co)

Master Feeder Structure. If permitted by the 1940 Act, the Board of Trustees, by vote of a majority of the Trustees, and without a Shareholder vote, may cause the Trust or any one or more Series to convert to a master feeder structure (a structure in which a feeder fund invests all of its assets in into a master fund, rather than making investments in securities directly) and thereby cause existing Series of the Trust to either become feeders in into a master fund, or to become master funds in into which other funds are feeders.

Appears in 5 contracts

Samples: Agreement and Declaration (Sma Relationship Trust), Agreement and Declaration (Templeton China World Fund Inc), Agreement and Declaration (Templeton Developing Markets Trust)

Master Feeder Structure. If permitted by the 1940 Act, the Board of Trustees, by vote of a majority of the Trustees, and without a Shareholder vote, may cause the Trust or any one or more Series to convert to a master feeder structure (a structure in which a feeder fund invests all of its assets in a master fund, fund rather than making investments in securities directly) and thereby cause existing Series of the Trust to either become feeders a feeder in a master fund, or to become a master funds fund in which other funds are feeders.

Appears in 4 contracts

Samples: Agreement And (USQ Core Real Estate Fund), Agreement and Declaration of Trust (USQ Core Real Estate Fund), Agreement and Declaration of Trust (GuideMark Alternative Lending Income Fund)

Master Feeder Structure. If permitted by the 1940 Act, the Board of Trustees, by vote of a majority of the Trustees, and without a Shareholder vote, may cause the Trust or any one or more Series to convert to a master feeder structure (a structure in which a feeder fund invests all of its assets in a master fund, rather than making investments in securities directly) and thereby cause existing Series of the Trust to either become feeders a feeder in a master fund, or to become a master funds fund in which other funds are feeders.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (BMO LGM Frontier Markets Equity Fund), Agreement and Declaration of Trust (BMO LGM Frontier Markets Equity Fund), Agreement and Declaration (BMO Lloyd George Frontier Markets Equity Fund)

Master Feeder Structure. If permitted by the 1940 Act, the Board of TrusteesBoard, by vote of a majority of the Trustees, and without a Shareholder vote, may cause the Trust or any one or more Series to convert to a master feeder structure (a structure in which a feeder fund invests all of its assets in a master fund, rather than making investments in securities or other investment vehicles directly) and thereby cause existing Series of the Trust to either become feeders in feeder funds to a master fund, or to become master funds in to which other funds are feedersfeeder funds.

Appears in 3 contracts

Samples: Agreement and Declaration of Trust (Nationwide Variable Insurance Trust), Agreement and Declaration (Nationwide Mutual Funds), Agreement and Declaration (Nationwide Variable Insurance Trust)

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Master Feeder Structure. If permitted by the 1940 Act, the Board of Trustees, by vote of a majority of the Trustees, and without a Shareholder vote, may cause the Trust or any one or more Series to convert to a master feeder structure (a structure in which a feeder fund invests all of its assets in a master fund, fund rather than making investments in securities directly) and thereby cause the Trust or existing Series of the Trust to either become feeders in a master fund, or to become master funds in which other funds are feeders.

Appears in 2 contracts

Samples: Agreement and Declaration (Allegiant Funds), Allegiant Advantage Funds

Master Feeder Structure. If permitted by the 1940 Act, the Board of Trustees, by vote of a majority of the Trustees, and without a Shareholder vote, may cause the Trust or any one or more Series to convert to a master feeder structure (a structure in which a feeder fund invests all of its assets in into a master fund, rather than making investments in securities directly) and thereby cause existing Series of the Trust to either become feeders in into a master fund, or to become master funds in into which other funds are feeders.

Appears in 1 contract

Samples: Agreement and Declaration (Gartmore Variable Insurance Trust Iii)

Master Feeder Structure. If permitted by the 1940 Act, the Board of Trustees, by vote of a majority of the Trustees, and without a Shareholder vote, may cause the Trust or any one or more Series to convert become a feeder fund to a master master-feeder structure (a structure in which the Fund, as a feeder fund fund, invests all of its assets in a master fund, rather than making investments in securities directly) and thereby cause existing Series of the Trust to either become feeders in a master fund, or to become master funds in which other funds are feeders).

Appears in 1 contract

Samples: Agreement and Declaration (EGA Frontier Diversified Core Fund)

Master Feeder Structure. If permitted by the 1940 Act, the Board of Trustees, by vote of a majority of the Trustees, and without a Shareholder vote, may cause the Trust or any one or oneor more Series to convert to a master feeder structure (a structure in which a feeder fund invests all of its assets in a master fund, rather than making investments in securities directly) and thereby cause existing Series of the Trust to either become feeders in a master fund, or to become master funds in which other funds are feeders.

Appears in 1 contract

Samples: Agreement and Declaration (Templeton Institutional Funds Inc)

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