Examples of Core Assets in a sentence
Core Assets comprise the assets which are not attributable to any cell.2.3. BASE CURRENCYThe base currency of the Fund locally will be Rand, however, the Fund will effectively be offering investors U.S. dollar currency exposure.
The Company has been issued with a Category One Global Business Licence, number C116015613 C1/GBL by the FSC and is governed by the Mauritius Companies Act and the PCC Act.The Fund has been created as a separate Cell of the Company having its own Cellular Assets separate from the Core Assets and the Cellular Assets of any other Cell of the Company.
The fact that it has been registered should not, however, be taken to imply that the FSC accepts any responsibility for overseeing or regulating its investment activities.The Fund has been created as a separate Cell of the Company having its own Cellular Assets separate from the Core Assets and the Cellular Assets of any other Cell of the Company.
The Fund was created on 14 April 2016.The Fund’s principal sphere of activity is investment in foreign securities.A protected cell company, or PCC, in general, is a special legal structure made up of Cellular Assets and Core Assets.
Rights of the Management Share The Management Share confers on its holder the right to participate in so much only of the profits and assets of the Company as are attributable to the Core Assets.