Component Security definition

Component Security means with respect to an Index, each component security of that Index.
Component Security means each and any component security or asset of the Index.
Component Security means, in respect of a Multi-Exchange Index, each component security in such Index.

Examples of Component Security in a sentence

  • If the representative sampling technique is used, a Fund will not be expected to track the performance of its Underlying Index with the same degree of accuracy as would an investment vehicle that invested in every Component Security of the Underlying Index with the same weighting as the Underlying Index.


More Definitions of Component Security

Component Security means, in respect of an Index, any share or other component security included in such Index as determined by the Calculation Agent and related expressions shall be construed accordingly.
Component Security means, in respect of an Index, any shares, equity options or other component comprised in such Index. If the Index itself comprises or includes one or more other Indices, "Component" shall be read and construed as the relevant underlying shares, equity options or other components.
Component Security means, in respect of a Composite Index, each component security of such Index.
Component Security means any security comprised in the Index.
Component Security means, in respect of an Index, each component security or other asset included in such Index;
Component Security means, in respect of an Index, any share, security, commodity, rate, index or other component included in such Index, as determined by the Calculation Agent.
Component Security means, in relation to an Index, each security, commodity, futures contract or other security or asset comprising such Index;