Fund Currency definition
Examples of Fund Currency in a sentence
Core Diversified Growth & Income Portfolio See below See below Core Fundamental Holdings Portfolio See below See below Core Global Diversification Portfolio See below See below Currency Strategies Fund Currency Strategies Trust (JHT) 0.950% — first $250 million; 0.900% — next $250 million; and 0.850% — excess over $500 million.
Core Diversified Growth & Income Portfolio See below See below Core Fundamental Holdings Portfolio See below See below Core Global Diversification Portfolio See below See below Currency Strategies Fund Currency Strategies Trust (JHVIT) 0.950% — first $250 million; 0.900% — next $250 million; and 0.850% — excess over $500 million.
Investment Risk Level Low to Medium Risk Fund Currency USD Minimum Investment Amount Minimum initial investment and holding - USD 1,000 Minimum top up amount - USD 500 Minimum Withdrawal Amount - USD 100 Tax on Interest The Income Tax Act (ITA) of Kenya applies Initial Fees 0% Annual Management Fee Maximum of 1.5%p.a. of Assets Under Management.
If for any reason IFHK cannot effect payment or repayment to the Customer in the Fund Currency, or in the agreed currency between IFHK and the Customer, IFHK may effect payment or repayment in the equivalent of any other currency selected by IFHK based on the applicable rate of exchange at the time the payment or repayment is due.
Where IFHK and the Customer have agreed that the payments shall be settled in a currency other than the Fund Currency, such payments shall be settled at a rate of exchange as shall be determined by IFHK in its sole and absolute discretion.
In the event that monies accruing to the Account is received by IFHK in a currency other than the Fund Currency, such monies shall be converted to the Fund Currency at such rate of exchange as IFHK may, in its sole and absolute discretion decide, before IFHK credits the Account.
Where the Company and the Customer have agreed that the payments shall be settled in a currency other than the Fund Currency, such payments shall be settled at a rate of exchange as shall be determined by the Company in its sole and absolute discretion.
Absolute Return Currency Fund Currency Strategies Trust 0.950% — first $250 million; (formerly Currency Strategies (JHVIT) 0.900% — next $250 million; and Fund) 0.850% — excess over $500 million.
Applicants have to include proposals in their Business Plan in relation to the level of financial commitment to the Fund Currency All commitments to the Fund shall be denominated in EUR Investment Period of the Fund Up to 3 years from the first closing of the Pre-seed Fund (with the possibility of 2 years extension).
In the event that monies accruing to the Account is received by the Company in a currency other than the Fund Currency, such monies shall be converted to the Fund Currency at such rate of exchange as the Company may, in its sole and absolute discretion decide, before the Company credits the Account.