Fund Switch definition

Fund Switch means the cancellation of units in one Fund and their allocation instead to an alternative Fund or Funds. The Unit Account Value on the effective day of the Fund Switch will be the same before and after the Fund Switch.
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Fund Switch means a change in a line-item fund source or account to another fund source or account.
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Fund Switch means a transaction where the Units in one or more of Our Funds are cancelled from the Bond and replaced by Units in one or more other Funds.
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Examples of Fund Switch in a sentence

  • Switching Handling Fee: If you want to check whether your current fund holding can be switched into this fund, please logon to Hang Seng e-Banking, in the Investment Funds Trading page, choose the fund you wish to switch out and refer to the list of fund(s) in the row of "Fund Switch to:" in the "Funds Switching" page.

  • No Fund Switch and Partial Withdrawal will be allowed during this period.

  • We may levy a Charge as specified in the Schedule of Charges, for any Fund Switch request.

  • How we will cancel units from your Policy • Where units are cancelled in line with Provision 12 (Fund Switches) we will cancel all units in each Fund held under the Policy on the date of Fund Switch.

  • The continuing investment risk on the Unit Fund will be borne by the Policyholder.c) We shall levy only Fund Management Charge during the settlement period and no other charges will be levied.d) No Fund Switch or Partial Withdrawal will be allowed during the settlement period.

  • We may levy a Charge as specified in Part E, for any Fund Switch request.

  • Fund Switch Charge:The Policyholder will not be charged for the Fund Switch requests.

  • Under this policy, inflation equals πb during bubbly episodes and πf in the fundamental state.To illustrate the effects of this policy rule relative to a constant inflation target, Figure 7 contrasts the behavior of the economy under both alternatives.

  • When carrying out a Multiple Fund Switch, We determine the percentage of Units to be cancelled from each Fund in which Units are currently held, according to Your switch request.

  • To support their position they relied upon the evidence of Dr. Snow, who had indicated that he would decline to conduct the examination if a recording was ordered.


More Definitions of Fund Switch

Fund Switch means a transaction where the Units of one or more Funds are cancelled from the Bond and replaced by Units of one or more other Funds.
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Fund Switch means moving (some or all of) your investment from one fund to another, by selling units in one fund and buying units in another fund.
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Related to Fund Switch

  • Fund Source means any direct or indirect sum payable to the Contractor by the County pursuant to any lawful obligation.

  • Fund/SERV means NSCC’s Mutual Fund Settlement, Entry and Registration Verification System, a system for automated, centralized processing of mutual fund purchase and redemption orders, settlement, and account registration; “Networking” shall mean NSCC’s system that allows mutual funds and life insurance companies to exchange account level information electronically; and “Settling Bank” shall mean the entity appointed by the Trust or you, as applicable, to perform such settlement services on behalf of the Trust and you, as applicable, which entity agrees to abide by NSCC’s then current rules and procedures insofar as they relate to same day funds settlement. In all cases, processing and settlement of share transactions shall be done in a manner consistent with applicable law.

  • Pump spray means a packaging system in which the product ingredients within the container are not under pressure and in which the product is expelled only while a pumping action is applied to a button, trigger or other actuator.

  • IVR means Interactive Voice Response.

  • Electric generation service means the provision of retail

  • Cabinet x-ray system means an x-ray system with the x-ray tube installed in an enclosure independent of existing architectural structures except the floor on which it may be placed. The cabinet x-ray system is intended to contain at least that portion of a material being irradiated, provide radiation attenuation, and exclude personnel from its interior during generation of radiation. Included are all x-ray systems designed primarily for the inspection of carry-on baggage at airline, railroad, and bus terminals, and in similar facilities. An x-ray tube used within a shielded part of a building, or x-ray equipment that may temporarily or occasionally incorporate portable shielding, is not considered a cabinet x-ray system.

  • Switch means a switching device employed by a Carrier within the Public Switched Network. Switch includes but is not limited to End Office Switches, Tandem Switches, Access Tandem Switches, Remote Switching Modules, and Packet Switches. Switches may be employed as a combination of End Office/Tandem Switches. "Switched Access Service" means the offering of transmission and switching services to Interexchange Carriers for the purpose of the origination or termination of telephone toll service. Switched Access Services include: Feature Group A, Feature Group B, Feature Group D, 8XX access, and 900 access and their successors or similar Switched Access Services. "Switched Access Traffic" is traffic that originates at one of the Party's End User Customers and terminates at an IXC Point of Presence, or originates at an IXC Point of Presence and terminates at one of the Party's End User Customers, whether or not the traffic transits the other Party's network.

  • TARGET2 System means the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) system or any successor thereto.

  • BT Network means BT’s public electronic communications network;

  • Basic generation service or "BGS" means electric generation

  • Network Integration Transmission Service means the transmission service provided under Tariff, Part III.

  • Merchant Network Upgrades means additions to, or modifications or replacements of, physical facilities of the Interconnected Transmission Owner that, on the date of the pertinent Transmission Interconnection Customer’s Upgrade Request, are part of the Transmission System or are included in the Regional Transmission Expansion Plan. Merchant Transmission Facilities:

  • Co-generation means the sequential production of electricity

  • Electric distribution system means the part of the electric system, after the transmission system, that is dedicated to delivering electric energy to an end user.

  • Distribution Network means a 'distribution network' as defined in Special Condition E2A of the Transporter's Licence held by each DN Operator;

  • Hydraulic lift tank means a tank holding hydraulic fluid for a closed-loop mechanical system that uses compressed air or hydraulic fluid to operate lifts, elevators, and other similar devices.

  • Filter means material placed in the useful beam to preferentially absorb selected radiations.

  • Customer-generator means a user of a net metering system.

  • Conventional filtration treatment means a series of processes including coagulation, flocculation, sedimentation, and filtration resulting in substantial particulate removal.

  • Transportation network company driver or “driver” means an

  • Transportation network company rider or “rider” means an

  • Single Phase Aerosol Air Freshener means an aerosol air freshener with the liquid contents in a single homogeneous phase and which does not require that the product container be shaken before use.

  • Transportation network company means a company or organization facilitating and/or providing transportation services using a computer or digital application or platform to connect or match passengers with drivers for compensation or a fee.

  • Membrane filtration means a pressure or vacuum driven separation process in which particulate matter larger than 1 micrometer is rejected by an engineered barrier, primarily through a size-exclusion mechanism, and which has a measurable removal efficiency of a target organism that can be verified through the application of a direct integrity test. This definition includes the common membrane technologies of microfiltration, ultrafiltration, nanofiltration, and reverse osmosis.

  • Exfiltration means any unauthorized release of data from within an information system. This includes copying the data through covert network channels or the copying of data to unauthorized media.

  • high voltage means the classification of an electric component or circuit, if its working voltage is > 60 V and ≤ 1500 V DC or > 30 V and ≤ 1000 V AC root mean square (rms).