Diversified Real Asset Fund definition

Diversified Real Asset Fund. Sub-Advisor's Fee as a Percentage of Average Daily Net Assets First $150 million 0.45% Next $150 million 0.40% Over $300 million 0.35%
Diversified Real Asset Fund. Sub-Advisor's Fee as a Percentage of Average Daily Net Assets First $25 million 1.00% Next $25 million 0.85% Next $25 million 0.75% Next $25 million* 0.75% Assets of $100 million or more** 0.625% * During any period when the Fund's Average Daily Net Assets equal or exceed $75 million, but are less than $100 million, Tortoise's fee as a percentage of average daily net assets shall be 0.75% on all assets. ** During any period when the Fund's Average Daily Net Assets equal or exceed $100 million, Tortoise's fee as a percentage of average daily net assets shall be 0.625% on all assets.
Diversified Real Asset Fund. Sub-Adviser's Fee as a Percentage of Average Daily Net Assets First $100 million......................... 0.30% Next $100 million..........................0.25% Next $100 million..........................0.20% Assets over $300 million ................0.15%

Examples of Diversified Real Asset Fund in a sentence

  • The fund’s risk classification is based on the fund’s returns and the return of the following composite of market indices: 25% of the S&P/TSX Capped Materials Index, 25% of the S&P/TSX Capped REIT Index, 25% of the S&P/TSX Capped Energy Index (CAD) and 25% of the MFC Custom Global Agriculture TRPurpose Diversified Real Asset Fund Index (CAD).

  • The authorized capital of the Purpose Diversified Real Asset Fund (the “Corp.

  • An unlimited number of ETF Shares of Purpose Diversified Real Asset Fund and unlimited number of mutual fund shares of Purpose Diversified Real Asset Fund are authorized for issuance.

  • NBF’s responsibility for custody of the funds’ assets will apply to the In Demand Securities transferred by the funds to and held by NBF.SPECIFIC INFORMATION ABOUT EACH OF THE MUTUAL FUNDS DESCRIBED IN THIS DOCUMENT How to read these fund descriptions Fund details Each of funds other than Purpose Diversified Real Asset Fund is a mutual fund established as a trust under the laws of the Province of Ontario.

  • He explains that the farmer …sells at a time when prices are forty percent lower than they were when he bought.

  • Since 2014, Defendant provided participants the Principal Diversified Real Asset Fund, Institutional share class (PDRDX), as a Plan investment option.

  • Prudent fiduciaries of defined contribution plans, including those who adopt an IPS for the selection of investments with criteria similar to the Plan’s IPS, would not have selected the Principal Diversified Real Asset Fund.

  • Further, despite the fund monitoring criteria set forth in the IPS, and prudent conduct of other fiduciaries, Defendant failed to remove the Principal Diversified Real Asset Fund despite its repeated underperformance compared to its benchmark, peer group, and lower-cost alternatives.

  • These peer group rankings are in stark contrast to those of the Vanguard Inflation Protection Securities Fund (Instl) (VIPIX), which was removed from the Plan and replaced by the Principal Diversified Real Asset Fund in August 2014.

  • Further, a prudent and loyal fiduciary who engaged in a prudent process for monitoring plan investments and removing imprudent funds would have concluded that the Principal Diversified Real Asset Fund was imprudent, not in the interest of the Plan would have been removed the fund.

Related to Diversified Real Asset Fund

  • Investment Assets means all debentures, notes and other evidences of Indebtedness, stocks, securities (including rights to purchase and securities convertible into or exchangeable for other securities), interests in joint ventures and general and limited partnerships, mortgage loans and other investment or portfolio assets owned of record or beneficially by the Company.

  • Widely Held Fixed Investment Trust as that term is defined in Treasury Regulations section 1.671-5(b)(22) or successor provisions.

  • Eligible Real Estate means Real Estate:

  • Investment Vehicle means a corporation, partnership, limited partnership, limited liability company, association, or other entity, either domestic or foreign, managed by an external manager in which a board is the majority investor and that is organized in order to invest with, or retain the investment management services of, other external managers.

  • Real Estate Investment Trust means any Person that qualifies as a real estate investment trust under Sections 856 through 860 of the Code.

  • Investment Vehicles means any investment company or pooled investment fund, including, but not limited to, mutual fund families, exchange-traded funds, fund of funds and hedge funds, in which a Defendant has or may have a direct or indirect interest, or as to which its affiliates may act as an investment advisor, but of which a Defendant or its respective affiliates is not a majority owner or does not hold a majority beneficial interest.

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and the sale of homes and related real estate activities, including the provision of mortgage financing or title insurance.

  • Investments as defined in Section 7.8.

  • Virginia real estate investment trust means a real estate investment trust, as defined in 26 U.S.C.

  • PIPE Investment has the meaning specified in the Recitals hereto.

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

  • Permitted Investment means an Investment by the Company or any Restricted Subsidiary in:

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • Total Asset Value means as of any date of determination the sum (without duplication) of all of the following of the Borrower, the REIT Guarantor and their Subsidiaries on a consolidated basis determined in accordance with GAAP applied on a consistent basis: (a) cash and Cash Equivalents, plus (b) with respect to each Property (other than Development Properties, the Market Square Property and Properties with a negative Net Operating Income) owned for four (4) consecutive fiscal quarters by the Borrower, the REIT Guarantor or any of their respective Subsidiaries, the quotient of (i) Net Operating Income less Capital Reserves attributable to such Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (ii) the applicable Capitalization Rate, plus (c) with respect to each Property acquired during the most recent four (4) fiscal quarters of the Borrower, the greater of (i) the quotient of (A) Net Operating Income less Capital Reserves attributable to such Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (B) the applicable Capitalization Rate, and (ii) the undepreciated GAAP book value (after taking into account any impairments) of such Property, plus (d) with respect to the Market Square Property, the greater of (1) the quotient of (A) Net Operating Income less Capital Reserves attributable to the Market Square Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (B) the Capitalization Rate for CBD or Urban Infill Properties, and (2) the undepreciated GAAP book value (after taking into account any impairments) of the Market Square Property, plus (e) the undepreciated GAAP book value (after taking into account any impairments) for Construction-In-Process for Development Properties, plus (f) the undepreciated GAAP book value (after taking into account any impairments) of Unimproved Land. The Borrower’s pro rata share of assets held by Unconsolidated Affiliates (excluding assets of the type described in the immediately preceding clause (a)) will be included in Total Asset Value calculations consistent with the above described treatment for wholly owned assets. For purposes of determining Total Asset Value, Net Operating Income from Properties acquired or disposed of by the Borrower, any Subsidiary of the Borrower or any Unconsolidated Affiliate during the immediately preceding four (4) fiscal quarters of the Borrower shall be excluded from clause (b) above. For purposes of determining Total Asset Value, Total Asset Value attributable to the following investments in excess of the limitations set forth below shall be excluded from Total Asset Value:

  • Qualified Assets means any of the following assets: (i) interests, rights, options, warrants or convertible or exchangeable securities of the Partnership; (ii) Debt issued by the Partnership or any Subsidiary thereof in connection with the incurrence of Funding Debt; (iii) equity interests in Qualified REIT Subsidiaries and limited liability companies (or other entities disregarded from their sole owner for U.S. federal income tax purposes, including wholly owned grantor trusts) whose assets consist solely of Qualified Assets; (iv) up to a one percent (1%) equity interest in any partnership or limited liability company at least ninety-nine percent (99%) of the equity of which is owned, directly or indirectly, by the Partnership; (v) cash held for payment of administrative expenses or pending distribution to security holders of the General Partner or any wholly owned Subsidiary thereof or pending contribution to the Partnership; and (vi) other tangible and intangible assets that, taken as a whole, are de minimis in relation to the net assets of the Partnership and its Subsidiaries.

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Permitted Business Investments means Investments made in the ordinary course of, and of a nature that is or shall have become customary in, the Oil and Gas Business, including through agreements, transactions, interests or arrangements that permit one to share risk or costs, comply with regulatory requirements regarding local ownership or satisfy other objectives customarily achieved through the conduct of the Oil and Gas Business jointly with third parties, including without limitation:

  • Securitization Assets means (a) the account receivable, royalty or other revenue streams and other rights to payment and other assets related thereto subject to a Qualified Receivables Financing and the proceeds thereof and (b) contract rights, lockbox accounts and records with respect to such accounts receivable and any other assets customarily transferred together with accounts receivable in a securitization financing.

  • Alternative Investment Vehicle means an entity created in accordance with the Operative Documents of a Borrower to make investments and that has the right to call on Capital Commitments directly from Investors.

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Investment pool means an entity created under the Texas Gov- ernment Code to invest public funds jointly on behalf of the entities that participate in the pool and whose investment objectives in or- der of priority are preservation and safety of principal, liquidity, and yield.

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

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • Permitted Business Investment means any Investment made in the ordinary course of, and of a nature that is or shall have become customary in, the Oil and Gas Business including investments or expenditures for actively exploiting, exploring for, acquiring, developing, producing, processing, gathering, marketing or transporting oil, natural gas or other Hydrocarbons and minerals through agreements, transactions, interests or arrangements which permit one to share risks or costs, comply with regulatory requirements regarding local ownership or satisfy other objectives customarily achieved through the conduct of the Oil and Gas Business jointly with third parties including:

  • Qualified Receivables Financing means any Receivables Financing of a Receivables Subsidiary that meets the following conditions:

  • Permitted Investments means: