Sub-Funds. A Unitholder participates in the performance of the relevant Sub-Fund based on the number of Units held by such Unitholder in proportion to the aggregate number of Units issued. Each Sub-Fund constitutes a pool of assets and liabilities separate from other Sub-Funds of the UCITS, and, under Liechtenstein law, the assets of any one Sub-Fund are not available to meet the liabilities of another Sub-Fund. As such, the assets and liabilities of each Sub-Fund are segregated from the assets and liabilities of the other Sub-Funds. Any claims levied by investors or creditors or any other party vis-à-vis any Sub-Fund shall be restricted to the net assets of such Sub-Fund. Each Sub-Fund is deemed to be independent from the other Sub-Funds as regards the relationship between the Unitholders in the UCITS. The rights and obligations of the Unitholders in any Sub-Fund are separate from the rights and obligations of the Unitholders in other Sub-Funds. The Sub-Funds may be established for a limited or an unlimited duration, as set out in Annex A. Past performance of each of the Sub-Funds (including Classes), once available, shall be disclosed on the LAFV's website (xxx.xxxx.xx) and in the relevant Key Investor Information Document. The UCITS Documentation pertains to all Sub-Funds. The Management Company may liquidate existing Sub-Funds and launch new Sub-Funds, in which case the UCITS Documentation will be updated accordingly.
Sub-Funds. (a) The Trustee may maintain a management account in respect of Gifts and Deductible Contributions from a particular donor or group of donors.
Sub-Funds. Section 4. The Union agrees that the terms and condi- tions contained herein will be available only to HVAC Sheet Metal Contractors who maintain a properly equipped fab- rication shop. This shall not apply to Architectural Sheet Metal Contractors, Specialty Sheet Metal Contractors, and Environmental Balancing Contractors.
Sub-Funds. 2.1. Investment principles Investment objective and investment policy For specific information, see Xxxxx X. Authorised investments (and any associated restrictions) For specific information, see Xxxxx X. Maximum management fees for UCITS and/or UCIs whose units are to be acquired If units of other UCITS or UCIs are managed – directly or by delegation – by the Management Company of the Fund or by another company with which the Management Company of the Fund is linked by common management, control or a qualified holding, neither the Fund’s Management Company nor the other company may charge fees for the subscription to or redemption of units in the UCITS. If these investments represent a substantial proportion of the Fund’s assets, the Prospectus must provide information about the maximum management fees and the annual report must provide information about the maximum percentage of management fees that have to be borne by the Fund itself and by the UCI of which units have been acquired (“estimated costs at the indirect investment level”). For specific information, see Xxxxx X. Primary investment in instruments other than securities or money market instruments or tracking an equity or bond index If the Fund tracks an equity or bond index, mention of this must be made in the Prospectus and advertising in a prominent place. For specific information, see Xxxxx X.
