Designated Mutual Fund definition

Designated Mutual Fund means a class of mutual fund shares of Ninepoint Corporate Class Inc., or other mutual fund corporation that is compliant with NI 81-102, managed and advised by the Manager or an affiliate of the Manager, designated by the Manager to receive the assets of the Partnership pursuant to the Mutual Fund Rollover Transaction, which is expected to be Ninepoint Resource Class.
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Designated Mutual Fund means Canoe Energy Class or another class of shares of the Designated Fund Corp. that is compliant with NI 81-102 and is managed by the Investment Fund Manager or an Affiliate of the Investment Fund Manager.
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Designated Mutual Fund means a mutual fund that is established and maintained in accordance with the requirements of Investment Company Act of 1940, that offers shares for purchase by the general public, and that is designated by the Committee, in accordance with Section 5.01A(a), to be available to Participants for investment under the terms of the Mutual Fund Window Program, effective as of January 1, 2005. A Designated Mutual Fund shall not be deemed an Investment Fund for purposes of Section 5.01.1.17B “Disability Insurance Policy” means the insurance policy underwritten by the Disability Insurer under which premiums are paid through investments made in accordance with the Disability Protection Program and benefits are payable in accordance with the Disability Protection Program. 1.17C “Disability Insurer” means the insurance company selected by the Plan Administrator that underwrites the Disability Insurance Policy. Effective January 1, 2005, the Disability Insurer is Metropolitan Life Insurance Company.1.17D “Disability Protection Program” means the program provided in Article 5A, effective as of January 1, 2005, under which a Participant who satisfies specified eligibility requirements is permitted to elect to invest a portion of his Account in the payment of premiums under the Disability Insurance Policy and pursuant to which benefit payments made from the Disability Insurance Policy and in accordance with the Certificate of Disability Insurance are allocated to the Accounts of Participants who have suffer a Total and Permanent Disability while enrolled thereunder.
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Examples of Designated Mutual Fund in a sentence

  • The Performance Bonus Allocation will be paid in cash before the transfer of the assets of the Partnership to the Designated Mutual Fund pursuant to the Mutual Fund Rollover Transaction or if the assets of the Partnership are not transferred to the Designated Mutual Fund, before the dissolution of the Partnership.

  • If the Mutual Fund Rollover Transaction is implemented, then pursuant to the Transfer Agreement, the assets of the Partnership should be transferred to the Designated Mutual Fund, in exchange for Mutual Fund Shares on a tax-deferred basis, provided appropriate elections are made.

  • The Mutual Fund Shares will be distributed as soon as practicable and in any event within 60 days after the transfer of assets to the Designated Mutual Fund pursuant to the Transfer Agreement.

  • If the performance of the Designated Mutual Fund in any year is less than the performance of the blended benchmark index, then no incentive fee will be payable to the Manager in any subsequent year until the performance of the Designated Mutual Fund, on a cumulative basis calculated from the first of such subsequent years, has exceeded the amount of such deficiency.

  • INCENTIVE FEES The Manager is entitled to an incentive fee, subject to applicable taxes including HST, equal to a percentage of the daily net asset value of the Designated Mutual Fund.

  • If the Partnership’s assets are not transferred to the Designated Mutual Fund, the Performance Bonus Allocation will be paid to the General Partner in cash.

  • The Transfer Agreement shall be assignable by the Designated Fund Corp., and Partnership assets may be transferred, to any other open-end Designated Mutual Fund.

  • December 31, 2020Transfer of assets to the Designated Mutual Fund......................

  • If the Fund Rollover Transaction takes place as intended, Canoe will benefit from continued management fees from the Designated Mutual Fund.

  • The Fund Rollover Transaction may result in a conflict of interest for the Partnership because Canoe is also the manager for the Designated Mutual Fund and receives a management fee based on the value of the Designated Mutual Fund’s net assets, and accordingly, the Fund Rollover Transaction will be referred to the Independent Review Committee for approval.

Related to Designated Mutual Fund

  • Mutual Fund or “Fund” or “UTIMF” means UTI Mutual Fund, a Trust under the Indian Trust Act, 1882 registered with SEBI under registration number MF/048/03/01 dated January 14, 2003.

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • Benefit Plan Investor means an “employee benefit plan” as defined in Section 3(3) of ERISA that is subject to Title I of ERISA, a “plan” as defined in and subject to Section 4975 of the Code or an entity whose underlying assets include plan assets of any of the foregoing.

  • Program fund means the program fund established under section 12D.4.

  • Investment Entity means any Entity that conducts as a business (or is managed by an entity that conducts as a business) one or more of the following activities or operations for or on behalf of a customer:

  • Investment Person means all Portfolio Managers of Loomis Sayles and other Advisory Persons who assist the Portfolio Managers in making and implementing investment decisions for an Investment Company or other client of Loomis Sayles, including, but not limited to, designated Research Analysts and traders of Loomis Sayles. A person is considered an Investment Person only as to those client accounts or types of client accounts as to which he or she is designated by Personal Trading Compliance or the Chief Compliance Officer as such. As to other accounts, he or she is simply an Access Person.

  • Fund Affiliate shall include any person or entity that would be defined as an affiliated person under the 1940 Act.

  • Regulated investment company has the meaning set forth in Section 851 of the Code.

  • fully managed account means an account of a client for which a person makes the investment decisions if that person has full discretion to trade in securities for the account without requiring the client’s express consent to a transaction;