Examples of Transferable in a sentence
At times, the Fund may be positioned defensively and the exposure to equities may be reduced to 50% of its NAV.Up to 30% of the NAV of the Fund may be invested in cash, cash equivalents, Money Market Instruments and other Transferable Securities not meeting the above requirements.The stock selection follows a highly structured and clearly defined investment process.
This restriction shall not prevent the SICAV from acquiring Transferable Securities, Money Market Instruments or other financial instruments referred to in I.
Notwithstanding the individual limits laid down in paragraph a), a Fund may not combine: – investments in Transferable Securities or Money Market Instruments issued by a single body, – deposits made with a single body, and/or – exposures arising from OTC derivative transactions and efficient portfolio management techniques undertaken with a single body in excess of 20% of its NAV.
By way of derogation, a Fund may be fully collateralised in different Transferable Securities and Money-Market Instruments issued or guaranteed by a Member State of the European Union, one or more of its local authorities, a third country, or a public international body to which one or more Member States of the European Union belong.
The limits set out in sub-paragraphs a), b), c) and d) may not be aggregated and, accordingly, investments in Transferable Securities or Money Market Instruments issued by the same body, in deposits or in OTC derivative transactions effected with the same body may not, in any event, exceed a total of 35% of any Fund’s NAV.