Life of the Fund definition

Life of the Fund means duration of the Fund. It starts from the day following realization of all investment proceeds raised till the close of the Initial Period. The Life of the Fund shall start no later than seven (7) seven business days from the close of Initial Offering Period.
Sample 1Sample 2Sample 3
Life of the Fund means duration of the Fund. It starts from the day following the close of the Initial Period.
Sample 1Sample 2Sample 3
Life of the Fund means the remaining period from the date of issue of units till the end of life of the fund as per the terms in the Offering Document.
Sample 1

Examples of Life of the Fund in a sentence

  • Pakistan Investment Bonds, with maximum maturity not exceeding Life of the Fund by more than 1 month.

  • The Gap Risk Coverage shall expire either at the Maturity Date (i.e. at the completion of the duration of fund) or subsequent to exercising the Gap Risk Coverage when the entire Net Assets of the Fund are invested in the Capital Protection Segment, whichever is earlier and in relation to a specific Unit holder, on exercise of the redemption option by the Unit holder before the close of the Life of the Fund subject to the terms and conditions under the constitutive documents of the Fund.

  • The Management Company shall cover the Gap Risk of the Initial Fund Size (adjusted for redemptions, if any, during the Life of the Fund, and inclusive of any Front-end Load) up to a maximum limit of (5%) Five Percent of the total subscription amount.

  • The Capital protection period shall begin from the commencement of the Life of the Fund.


More Definitions of Life of the Fund

Life of the Fund means duration of the Fund that shall start no later than seven (7) business days from the close of Initial Offering Period.
Sample 1

Related to Life of the Fund

  • life cycle means all consecutive and/or interlinked stages, including research and development to be carried out, production, trading and its conditions, transport, use and maintenance, throughout the existence of the product or the works or the provision of the service, from raw material acquisition or generation of resources to disposal, clearance and end of service or utilisation;

  • Medical cannabis card means the same as that term is defined in Section 26-61a-102.