COLLECTIVE INVESTMENT SCHEMES Sample Clauses

COLLECTIVE INVESTMENT SCHEMES. Collective investment schemes (such as investment funds and open-ended investment companies) invest funds paid by purchasers of units or shares in the collective investment scheme in the various types of asset provided for in their rules or investment plans. As such, collective investment schemes generally allow unit holders and shareholders to achieve a high degree of diversification at a relatively low cost. Open-ended investment funds, for example, allow savers to invest or disinvest by buying or selling fund units on the basis of the value of a unit, plus or minus relevant commissions (the value of the unit being obtained by dividing the value of the entire portfolio managed by a Fund, calculated at market prices, by the number of units in circulation). Allowing the Local Manager to purchase units or shares in a collective investment scheme will expose the Adviser to the risks associated with the nature of the financial instruments in which the collective investment scheme invests and, where relevant, their concentration in a particular sector, country, region or asset class. Before allowing the Local Manager to invest in collective investment schemes, the Adviser should make itself fully aware of the risks associated with collective investment schemes, including without limitation, the general risks identified in paragraph 1 above.
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COLLECTIVE INVESTMENT SCHEMES. The services provided hereunder may include execution of transactions in unregulated collective investment schemes.
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COLLECTIVE INVESTMENT SCHEMES. 1.1 These funds operate by allowing the monies to be pooled together and managed on behalf of the unit-holders by a management company. The investment strategy is set out in a prospectus, which is available upon request. These investment products are commonly known as investment funds.
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COLLECTIVE INVESTMENT SCHEMES. 11.1 If you choose to invest in any of the portfolios of the MoneyMasters Multiple Portfolio Fund (the “Fund”), you acknowledge that you have read, understood and accepted the provisions of the Trust Deed (referred to in sub-paragraph (i) below and the relevant offering document for the Fund) and you are aware that:
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COLLECTIVE INVESTMENT SCHEMES. (Funds) A fund is an investment vehicle into which investors can make an investment by purchasing a unit, share or interest in the fund. There are many different types of fund available including investment trusts, unit trusts, open-ended investment companies with variable capital (OEICs or ICVCs), Societe d’Investissement a Capital Variable (SICAV), Societes d’Investissement en Capital a Risque (SICARs), limited liability partnerships, exchange-traded funds (ETFs), real estate investment trusts (REITs), venture capital trusts (VCTs), property funds, hedge funds and private equity funds. They may be onshore or off-shore, qualifying money market funds (QMMFs), regulated or unregulated. Depending on the legal structure of the fund, shares or units in the fund may be listed on a stock exchange and the fund may be either open ended (being, generally, a fund that confers on investors a right to redeem their interests in the fund with the value of the fund being determined by the value of underlying assets) or closed ended. Some fund structures are more exposed to risk than others due to, amongst other things, the markets they invest in, the nature of their assets and the extent of their leverage. In each case the fund may be managed by a third party which invests the fund’s cash and assets. The shares or units represent the investor’s interest in the fund and the value of the shares or units purchased is often determined by the value of the underlying investments made by the fund (although where the shares or units in the fund are listed or traded on a market, they may trade or be sold at a discount or premium to net asset value). Some funds charge an annual management fee. Usually this will be taken from the income generated. If insufficient income is generated by the fund to cover the management fee, the balance will be deducted from the fund’s capital and to that extent will constrain capital growth. In some cases this may be deducted directly from the capital of the fund which will reduce capital growth. As mentioned earlier in this section, we may invest in QMMFs from time to time. If the investor does not wish the portfolio to invest in QMMFS, the investor must notify us of this and we will discuss appropriate alternatives with the investor. Dealing in any type of fund may involve the following risks:
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COLLECTIVE INVESTMENT SCHEMES. The following provisions shall apply to and govern all transactions relating to transactions for the acquisition, disposal or otherwise in respect of Collective Investment Schemes including subscription applications, switching and redemption requests in relation to Collective Investment Schemes handled by the Bank as an intermediary:‐
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Related to COLLECTIVE INVESTMENT SCHEMES

  • Investment Canada The Purchaser is not a non-Canadian within the meaning of the Investment Canada Act (Canada).

  • PIPE Investment (a) Unless otherwise approved in writing by the Company, no Acquiror Party shall permit any amendment or modification to be made to, any waiver (in whole or in part) or provide consent to (including consent to termination), of any provision under any of the Subscription Agreements in a manner adverse to the Company and/or its Subsidiaries. Acquiror shall use commercially reasonable efforts to take, or cause to be taken, all actions and do, or cause to be done, all things necessary, proper or advisable to consummate the transactions contemplated by the Subscription Agreements on the terms and conditions described therein, including maintaining in effect the Subscription Agreements and to: (i) satisfy in all respects on a timely basis all conditions and covenants applicable to Acquiror in the Subscription Agreements and otherwise comply with its obligations thereunder, (ii) in the event that all conditions in the Subscription Agreements (other than those conditions that by their nature are to be satisfied at the Closing) have been satisfied, consummate transactions contemplated by the Subscription Agreements in accordance with the terms thereof; (iii) confer with the Company regarding timing of the Expected Closing Date (as defined in the Subscription Agreements); and (iv) deliver notices to counterparties to the Subscription Agreements sufficiently in advance of the Closing to cause them to fund their obligations immediately prior to the First Merger. Without limiting the generality of the foregoing, Acquiror shall give the Company, prompt written notice: (A) of any amendment to any Subscription Agreement; (B) of any material breach or default (or any event or circumstance that, with or without notice, lapse of time or both, could give rise to any material breach or default) by any party to any Subscription Agreement known to any Acquiror Party; (C) of the receipt of any material notice or other communication from any party to any Subscription Agreement with respect to any actual, potential, threatened or claimed expiration, lapse, withdrawal, breach, default, termination or repudiation by any party to any Subscription Agreement or any provisions of any Subscription Agreement in any material respects; and (D) if Acquiror does not expect to receive all or any portion of the PIPE Investment Amount on the terms, in the manner or from the PIPE Investors as contemplated by the Subscription Agreements.

  • Investment Canada Act The Purchaser is not a “non-Canadian” within the meaning of the Investment Canada Act.

  • Investment of Exchange Fund The Exchange Agent shall invest any cash included in the Exchange Fund, as directed by Parent, on a daily basis. Any interest and other income resulting from such investments shall be paid to Parent.

  • Investment Limitations If the Custodian has otherwise complied with the terms and conditions of this Agreement in performing its duties generally, and more particularly in connection with the purchase, sale or exchange of securities made by or for a Portfolio, the Custodian shall not be liable to the applicable Fund and such Fund agrees to indemnify the Custodian and its nominees, for any loss, damage or expense suffered or incurred by the Custodian and its nominees arising out of any violation of any investment or other limitation to which such Fund is subject.

  • INITIAL INVESTMENT The Advisor has contributed to the Company $200,000 in exchange for 20,000 Equity Shares (the "Initial Investment"). The Advisor may not sell these shares while the Advisory Agreement is in effect, although the Advisor may transfer such shares to Affiliates. The restrictions included above shall not apply to any Equity Shares, other than the Equity Shares acquired through the Initial Investment, acquired by the Advisor or its Affiliates. The Advisor shall not vote any Equity Shares it now owns, or hereafter acquires, in any vote for the removal of Directors or any vote regarding the approval or termination of any contract with the Advisor or any of its Affiliates.

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