Sub-Funds definition

Sub-Funds means the classes of Shares in the Company (and any classes of Shares created hereafter), in respect of each of which a separate investment portfolio of securities is maintained.

Sub-Funds means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

Sub-Funds means such portfolio or portfolios of assets as the Directors may from time to time establish with the prior approval of the Depositary and the Central Bank, constituting in each case a separate fund with segregated liability and represented by a separate Series of Shares and invested in accordance with the investment objective and policies applicable to such sub-fund and described in this Prospectus or in the Relevant Supplement;

Examples of Sub-Funds in a sentence

• Each of the Sub-Funds will be notionally divided into units of equal value (each a “Contribution Unit”).

• Any such notice shall specify the date on which the relevant Sub-Fund or Sub-Funds are to be wound up.

• Also for the avoidance of doubt, this clause is not applicable in respect of net Sub-Funds (in respect of which the Policy Charge is deducted from the Sub-Fund in accordance with the Fee & Instruction Agreement).

• Fund MPF may wind up, on giving no less than 4 months’ written notice to the Trustee, any or all of the Sub-Funds.

• Notwithstanding any other provision in this Policy, MPF may in its absolute discretion, on notice to its Policyholders (which such notice may take immediate effect), permanently or temporarily close one or more Sub-Funds to further Contributions.

More Definitions of Sub-Funds

Sub-Funds means one of the Sub-Funds details of which are set out in the

Sub-Funds means UBS Wealth Management - Continental European Property Fund Limited, UBS Wealth Management - North American Property Fund Limited, UBS Wealth Management - Australasian Property Fund Limited, UBS Wealth Management - UK Property Fund Limited, UBS Strategic Realty Fund Limited and UBS Opportunistic Realty Fund Limited;

Sub-Funds means a fund or group of funds under an umbrella fund.

Sub-Funds means funds founded by Ethiopian Investment Holdings individually or holding or owning shares in them with counterpart funds, financial institutions, companies or any other public entity;

Sub-Funds means the sub-funds of the Company that are authorised by the SFC pursuant to section 104 of the SFO and hence may be offered to the public of Hong Kong as set out in the section titled "IMPORTANT INFORMATION FOR INVESTORS" in this Supplement.

Sub-Funds means such portfolio or portfolios of assets as the Directors may

Sub-Funds has the meaning assigned to such term in Section 7.02.