Income Shares definition

Income Shares means Shares (of whatever Class) in Funds of the Company as may be in issue from time to time in respect of which income allocated thereto is distributed periodically to the holders thereof pursuant to the

Income Shares means Shares in issue in respect of which income (if any) is paid out to Shareholders

Income Shares means income shares within the meaning of the Māori Fisheries Act 2004 that is held by the Asset Holding Company on behalf of Ngaati Whanaunga;

Examples of Income Shares in a sentence

• The table below reflects the highest expense ratio among the categories of Shares available as of the date of this Prospectus for each respective Class (e.g., Income or Gross Income Shares, Roll-up Shares, Hedged Share Classes and various currency denominations).

• For Income Shares, most charges and expenses are charged to capital.

• Corporate Shareholders within the scope of corporation tax A dividend distribution made by the Company in respect of Income Shares (or deemed to be made in respect of Accumulation Shares) to a corporate Shareholder within the charge to corporation tax in respect of its investment in the Company will be split into franked and unfranked parts according to the underlying gross income of the Company.

• For each Share Class, the charges and expenses described in this section are either charged to capital or income (or both) depending upon whether they are Income Shares or Accumulation Shares.

• Income Shares are Shares in respect of which income allocated to them is distributed periodically to the relevant Shareholders.

More Definitions of Income Shares

Income Shares means a type of Share on which the investor receives regular payments which are a proportion of the Income which has been received by the Fund. Investors holding Income Shares will receive a tax voucher each time an Income payment is made which they should retain for tax purposes.

Income Shares means ordinary shares of an initial nominal value of 2.5 pence each, classified as Income Shares, in the share capital of the Company;

Income Shares means income shares within the meaning of the Maori Fisheries Act 2004 that is held by the Asset Holding Company on behalf of Ngati Tamatera;

Income Shares means non-voting shares of nominal value Stg 1p each in the capital of Waterford Wedgwood UK which, when held by holders who have given a dividend election which remains in force in relation to Ordinary Shares, entitle holders of Stock Units to elect to receive dividends paid from UK sourced profits;

Income Shares means Shares where the income of a Fund relative to the Shareholders’ holding of the Income Shares may be distributed in respect of each Accounting Period.

Income Shares means shares in respect of which income is distributed to Shareholders;

Income Shares means Shares (of whatever class) in respect of which income allocated to them is distributed periodically to the relevant Shareholder; "Instrument of Incorporation" or"Instrument" means the instrument of incorporation constituting the Company, as amended from time to time; "Investment Manager" means Titan Investment Solutions Limited; "ISA" means an individual savings account under The Individual Savings Account Regulations 1998 (as amended); "KIID" means key investor information document; "Leverage" means any method by which exposure of the Company or a Fund is increased whether through borrowing of cash or transferrable securities or Leverage embedded in derivative positions or by any other means; "NAV" or "net asset value" means the value of the Scheme Property of the Company (or any Fund or Share class, as the context requires) less the liabilities of the Company (or any Fund or Share class, as the context requires) calculated in accordance with the Company's Instrument and the Regulations; “OECD” the Organisation for Economic Co-operation and Development; "OEIC Regulations" means the Open-Ended Investment Companies Regulations 2001 (as amended); "PRN" means the FCA’s product reference number; "Register" means the Register of Shareholders of the Company; "Registrar" SS&C Financial Services International Limited; "Regulations" means the OEIC Regulations and the Collective Investment Schemes Sourcebook as relevant; "Scheme Property" means those assets which comprise the property of the Company or which are attributed to a Fund (as the context requires); "Shareholder" means a holder of Shares in the Company as evidenced by an entry in the Register of the Company; "Shares" means the shares issued in respect of each Fund of the Company as specified herein; "Sponsor" Titan Investment Solutions Limited; “Sub-custodian(s)” means as defined in section 6 of this Prospectus (“Depositary”), under the sub-heading “Delegation of Safekeeping Function”; "Sub-Investment Manager" means Ravenscroft (CI) Limited; "Trading Day" means any day on which the London Stock Exchange is open for trading; "UCITS" means an Undertaking for Collective Investment in Transferable Securities. This will include a UCITS Scheme or an EEA UCITS scheme, as defined in the Financial Conduct Authority Handbook;