Examples of Accumulating Share Classes in a sentence
With respect to the Accumulating Share Classes in all Sub-Funds, the Directors have determined to accumulate all net investment income and net realised capital gains attributable to such Accumulating Share Classes and therefore do not intend to declare dividends in respect of Shares in such Share Classes.
In fiscal year 2019, more than 20 million BSA reports were filed.
For the Class A Accumulating Shares, the Class B Accumulating Shares, the Class C Accumulating Shares and the Class D Accumulating Shares (the "Accumulating Share Classes") (and indicated as such in the table in the section above titled “Key Information for Buying and Selling Shares”), it is the present intention of the Directors not to declare or pay dividends, and any income or gains earned by the Fund and these Share Classes, will be reinvested and reflected in the value of the Shares.
Accumulating Share Classes In the case of accumulating Classes, all net income and net realised and unrealised gains (i.e. realised and unrealised capital gains net of all realised and unrealised losses) less accrued expenses of the Fund attributable to the relevant Class will be accumulated and reflected in the Net Asset Value per Share.
Under such circumstances the Net Asset Value per share of Distributing Share Classes will fluctuate while the Net Asset Value per share of Accumulating Share Classes, which is not stable, will fluctuate more than it otherwise would.
The distribution policy applicable to each Class of the Fund is as set out at Section 7 above entitled “Information on Share Classes.” Accumulating Share Classes In the case of accumulating Classes, all net income and net realised and unrealised gains (i.e. realised and unrealised capital gains net of all realised and unrealised losses) less accrued expenses of the Fund attributable to the relevant Class, subject to certain adjustments will be accumulated and reflected in the Net Asset Value per Share.
Without prejudice to the generality of the foregoing, dividends may be declared daily on the Shares on each Dealing Day so as to seek to stabilise the Net Asset Value per Share at a constant figure for any class or classes of Shares, except for Accumulating Share Classes, as the Directors may in their discretion determine from time to time.
The dividend policy in respect of each Share Class is set out below.Accumulating Share ClassesIt is not intended to distribute dividends to the Shareholders in the Accumulating Share Classes of the relevant Funds.
Accumulating Share Classes: Dividends will be declared on these Shares but automatically reinvested and will be reflected in the Net Asset Value of the Share class.
Distributions Accumulating Share Classes In the case of accumulating Classes, all net income and net realised and unrealised gains (i.e. realised and unrealised capital gains net of all realised and unrealised losses) less accrued expenses of the Fund attributable to the relevant Class will be accumulated and reflected in the Net Asset Value per Share.