collective investment fund or scheme definition

collective investment fund or scheme means any pooled investment vehicle, irrespective of legal form. The term “public collective investment fund or scheme” means any collective investment fund or scheme provided the units, shares or other interests in the fund or scheme can be readily purchased, sold or redeemed by the public. Units, shares or other interests in the fund or scheme can be readily purchased, sold or redeemed “by the public” if the purchase, sale or redemption is not implicitly or explicitly restricted to a limited group of investors;
collective investment fund or scheme means any pooled investment vehicle, irrespective of legal form. The term “public collective investment fund or scheme” means any collective investment fund or scheme provided the units, shares or other interests in the fund or scheme can be readily purchased, sold or redeemed by the public. Units, shares or other interests in the fund or scheme can be readily purchased, sold or redeemed “by the public” if the purchase, sale or redemption is not implicitly or explicitly restricted to a limited group of investors,
collective investment fund or scheme means any pooled investment vehicle irrespective of legal form;

More Definitions of collective investment fund or scheme

collective investment fund or scheme means any pooled investment vehicle, irrespective of legal form;
collective investment fund or scheme means any pooled investment vehicle, irrespective of legal form. The term “public collective investment fund or scheme” means any collective investment fund or scheme provided the units, shares or other
collective investment fund or scheme means any pooled investment vehicle, irrespective of legal form. “Public collective investment fund or scheme” means any scheme or fund, in which the purchase sale or redemption of shares or other interests is not implicitly or explicitly restricted to a limited group of investors;

Related to collective investment fund or scheme

  • Investment Option means any of the guaranteed investments and variable investment funds available under the Plan.

  • Settlement Fund means the Settlement Amount plus any and all interest earned thereon.

  • Member Account means the regular account and the variable account.