Underlying Index definition

Underlying Index means the MSCI Emerging Markets Index.
Underlying Index means each of the S&P 500 Index, the Russell 2000 Index, the MSCI EAFE Index, and the MSCI Emerging Markets Index.
Underlying Index means the Energy Select Sector Index.

Examples of Underlying Index in a sentence

  • The components of the Underlying Index are likely to change over time.

  • The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated.

  • Cash and cash equivalent investments associated with a derivative position will be treated as part of that position for the purposes of calculating the percentage of investments included in the Underlying Index.

  • The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

  • The Fund may or may not hold all of the securities in the Underlying Index.


More Definitions of Underlying Index

Underlying Index means the S&P 500 Index.
Underlying Index means the index against which the relevant Sub-Fund is benchmarked.
Underlying Index means the MSCI EAFE Index.
Underlying Index means each of the S&P 500 Index, Russell 2000 Index, MSCI EAFE Index and MSCI Emerging Markets Index.
Underlying Index means, in relation to a Derivatives Market Contract, the index which underlies that contract.
Underlying Index means the index or benchmark, against which a Sub-Fund tracks, replicates or corresponds.
Underlying Index means each of the MSCI EAFE Index and MSCI Emerging Markets Index.