Subfunds Clause Samples
The 'Subfunds' clause defines the establishment and operation of separate investment pools within a larger fund structure. It typically outlines how each subfund is created, managed, and accounted for independently, ensuring that the assets and liabilities of one subfund are segregated from those of others. For example, investors may choose to invest in specific subfunds based on their risk preferences or investment strategies. This clause's core function is to provide organizational clarity and legal separation between different investment strategies or asset classes within a single fund, thereby protecting investors in one subfund from the risks or liabilities of another.
Subfunds the subfunds separated within the Fund, referred to in Article 4 of the Regulations, unless the context requires that one or more of these subfunds are concerned;
Subfunds. Further information on the various costs and fees can be found in the Trust Agreement as well as in respective Annex A „Subfund overview“.
Subfunds. Fee dependent on the success of the investments (performance fee)
Subfunds. Publication via permanent data carriers (letter, fax, e-mail or comparable) will only be made for the bringing about of the renunciation effect or of forfeiture as per Art. 43 AIFMV. Investors will be informed in an appropriate and precise manner concerning the planned merger. The investor information must enable investors to make a well-founded judgement on the effects of the project on their investment and the exercise of their rights under Art. 84 and 85 AIFMG. In the event of a merger, investors may demand the following without additional costs over and above those retained by the AIF resp. subfunds to cover the dissolution costs:
Subfunds. There are no provisions for a meeting of investors and/or rights of consent. Details on the individual subfunds are described in respective Annex A „Subfund overview“. As a fundamental rule, each individual unit of the respective subfund embodies the same right, unless different unit classes exist or the AIFM decides to create different unit classes. Liability of the individual subfund assets with respect to third parties is limited to obligations entered into of the relevant subfund.
Subfunds