Feeder Fund means a Sub-Fund which invests all or substantially all of its assets in securities which are units or sub-units in a unit trust scheme or participations in a mutual fund or other interests in a collective investment scheme which is managed or advised by the Managers or any Associate of the Managers and whose investment policy is the same or substantially the same as such Sub-Fund.

Feeder Fund means a mutual fund that conducts more than 51% of its investing in a master fund either directly or through an intermediary entity;

Feeder Fund means a certified fund or separate part of an umbrella fund that is –

Examples of Feeder Fund in a sentence

To implement the change to its investment objective, High Yield Feeder Fund redeemed all of its interest in the High Yield Master Fund in exchange for payment in-kind and in cash of its pro rata share of the assets of the High Yield Master Fund.
The Manager has delegated the day-to-day management of the investment portfolio of High Yield Feeder Fund to Onex Credit Partners, LLC, its affiliate pursuant to a sub-advisory agreement dated January 11, 2024.
The High Yield Feeder Fund invests all of its investable assets in Onex Credit High Yield Bond Fund, LP, a Cayman Islands exempted limited partnership (the “High Yield Master Fund”).
To facilitate the conversion of the High Yield Feeder Fund to a prospectus-qualified fund, the Manager modified the Fund’s investment objective to permit it to hold the underlying investment portfolio directly, rather than having exposure to it through investment in the High Yield Master Fund.
For the avoidance of doubt, a Shareholder that is a Feeder Fund will only be considered a Defaulting Shareholder with respect to the portion of its Shares attributable to the defaulting investor(s) in such Feeder Fund.

More Definitions of Feeder Fund

Feeder Fund means Cheyne Managed Credit Fund I Inc;

Feeder Fund means a Fund of the Company or any other eligible collective investment scheme or sub-fund thereof which has been approved to invest at least 85% (or such other amount in line with Central Bank requirements) of its net assets in shares of another collective investment scheme or sub-fund thereof including another Fund of the Company.

Feeder Fund means each Person identified as a “Feeder Fund” on a schedule to the joinder agreement pursuant to which any Borrower becomes a party to this Credit Agreement), as amended, restated, modified or supplemented from time to time.

Feeder Fund means Ironwood Multi-Strategy Fund LLC, a Delaware limited liability company that invests substantially all of its assets in the Fund.

Feeder Fund means a Fund which has been approved to invest at least 85% (or such other amount in line with the Central Bank’s requirements) of its Net Asset Value in shares of another investment fund.

Feeder Fund means a Designated Investor that is an investment fund, the principal purpose of which is to make a Private Investment in a Utah Fund of Funds and for which the Corporation serves as manager, general partner, or investment manager at the time of such Private Investment. A Feeder Fund may be organized in a jurisdiction other than the state of Utah.