Examples of Relevant Supplement in a sentence
The Directors may require any person to whom Shares are to be allotted to pay to the ICAV an initial charge or transaction fee in respect of each Share to be allotted of such amount as may be determined by the Directors but not exceeding in respect of each Share to be allotted such amount as the Directors may determine for any Fund or Class and disclose in the Relevant Supplement.
Certain Sub-Funds, where provided for in the Relevant Supplement, may invest physically in Indian securities.
Subject to the terms of the Relevant Supplement the Directors may from time to time if they think fit pay such interim dividends on Shares of any Fund or class as appear to the Directors to be justified by the profits of the relevant Fund.
The ICAV may declare dividends on the Shares, subject to the terms of the Relevant Supplement of any Fund, but provided that no dividend shall exceed the amount recommended by Directors and no dividends shall be payable in respect of the Subscriber Shares.
On a subscription of Shares the Directors shall be entitled to charge such subscription fee as may be specified in the Prospectus or in the Relevant Supplement in an amount to be determined by the ICAV but not to exceed such amount as the Directors may determine in respect of any Class and disclose in the Prospectus or in the Relevant Supplement and shall not in any case exceed an amount equal to 5% of the Net Asset Value of the Shares to be purchased.