Portfolio Composition File definition

Portfolio Composition File means the file setting out the Investments and Cash Component which

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Portfolio Composition File means the file setting out the investments and/or Cash Component which may be delivered (a) by an Authorised Participant in the case of subscriptions; or (b) by the Company in the case of redemptions;

Portfolio Composition File means the file setting out the Investments and Cash Component which the ICAV is willing to accept on a subscription for shares in satisfaction of the price of shares thereof or which the ICAV will provide to a Shareholder who has submitted a redemption request in satisfaction of the payment of redemption proceeds;

Examples of Portfolio Composition File in a sentence

• On a daily basis, the Fund shall prepare and provide to the Custodian for submission to National Securities Clearing Corporation (the “NSCC”) the Fund’s Portfolio Composition File (“PCF”).

• In limited circumstances, the securities portion of the Portfolio Deposit may differ from the Portfolio Composition File as a result of corporate actions or events affecting the securities detailed therein.

• In specie means that, rather than receiving cash in respect of a subscription and delivering cash proceeds in respect of a redemption, the Fund will receive and deliver securities (or predominantly securities) acceptable to the Investment Manager and set out in the Portfolio Composition File.

• Website means the website for each Fund as set out in the relevant Supplement, on which the Net Asset Value per Share and the Portfolio Composition File in its Base Currency will be published and on which this Prospectus, the Supplements and any other information in respect of the Company or any of the Funds, including various Shareholder communications may be published.

• The Company reserves the right to have the Depositary deliver to a person redeeming a previously agreed basket of securities by way of a Portfolio Deposit which is different from the Portfolio Composition File, provided that the value of the alternative basket of securities will equal the value of at least one Creation Unit.

More Definitions of Portfolio Composition File

Portfolio Composition File means in respect of UCITS ETF Sub-Funds the file setting

Portfolio Composition File. (or “PCF”) means the securities, share quantities, and or cash that would be required to effect a Creation or Redemption on the next trading day by an Authorized Participant. The PCF file shall include Deposit Securities and Redemption Securities (each as defined in the Agency Agreement) for each Fund, as applicable, as well as the Balancing Amount (as defined in the Agency Agreement) and/or cash component.

Portfolio Composition File means, in relation to the AMC, the complete details of the investments in the portfolio including their weightings within the portfolio;

Portfolio Composition File means the schedule made available on each Transaction Day for each Sub-Fund to the relevant Authorised Participants identifying each of the investments and quantities thereof and Cash Component which the Sub-Fund will expect to be delivered to it when Shares are subscribed for, or delivered by it, when redeemed. Ordinarily the Portfolio Composition File will be the same for subscriptions and redemptions; however, in certain circumstances, it may be different for subscriptions and redemptions on a given day for one or more Sub-Funds.

Portfolio Composition File. (or “PCF”) means the securities, share quantities, and or cash that would be required to effect a Creation or Redemption on the next trading day by an Authorized Participant.

Portfolio Composition File means the file setting out the Investments and Cash Component which the ICAV is willing to accept on a subscription for Shares in satisfaction of the price of Shares thereof or which the ICAV will provide in respect of a properly submitted redemption request in satisfaction of the payment of redemption proceeds; “Primary Market” means a market on which the ETF Shares of a Fund are subscribed for or redeemed (off exchange) directly with the ICAV; “Qualified Holder” means any person, corporation or entity other than a person, corporation or entity whose holding might result in regulatory, pecuniary, legal, taxation or material administrative disadvantage for the ICAV or the Investors as a whole specifically: (i) a U.S. Person; (ii) an ERISA Plan; or (iii) a custodian, nominee, or trustee for any person, corporation or entity described in (i) and (ii) above; “Recognised Clearing System” means any clearing system for the settlement of transactions in relation to the securities designated by the Revenue Commissioners of Ireland as a recognised clearing system for the purposes of Chapter 1(a) of Part 27 of the Taxes Consolidation Act, 1997 which at the date hereof comprise Clearstream Banking SA, Clearstream Banking AG, Euroclear, Crest UK, National Securities Clearing System, Sicovam SA, SIS Sega Intersettle AG and NECIGEF (Nederlands Centraal Instituut voor Giraal Effectenverkeer B.V.-the Dutch central institute for giro transferred securities), BNY Mellon, Central Securities Depository SA/NV, Central Moneymarkets Office, Depository Trust Company of New York, Deutsche Bank AG, Depository and Clearing System, Japan Securities Depository Centre, Monti Titoli SPA, National Securities Clearing System, The Canadian Depository for Securities Ltd. and VPC AB; “Redemption Fee” means the charge, if any, payable to the Manager or such other person as the Manager may determine on a redemption for Shares as specified in the relevant Fund Supplement; “Register” means the Shareholder register of the ICAV; “Regulated Market” means a stock exchange or regulated market which is provided for in the Instrument of Incorporation, details of which are set out in Schedule I; “Relevant Declaration” means a declaration in the prescribed form confirming that the Investor or prospective Investor is not an Irish resident and not a person ordinarily resident in Ireland in respect of whom it is necessary to deduct tax; “Relevant Stock Exchange(s)” means in respect of a Fund, the stock exch...

Portfolio Composition File. (or “PCF”) means the names, identifiers and number of shares of each equity security, the percentage of the Fund represented by each security, the types of financial instruments and their characteristics, money market instruments, and such other information as may be agreed with the Customer.