Underlying Fund means a collective investment scheme (including exchange traded funds) which will be daily dealing, open-ended and may be listed or unlisted and will be domiciled in, in the case of regulated funds in an EU/EEA Member State authorised under the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2011 as amended (the "UCITS Regulations") or authorised under domestic legislation implementing the UCITS Regulations and such other investment funds as may be permitted by the Central Bank as Category 1 from time to time (category 1 investment funds pursuant to the AIF rulebook ("Category 1")), or authorised in an EU Member State (category 2 investment funds pursuant to the AIF rulebook ("Category 2")), Guernsey where authorised as "Class A Schemes" (Category 1) or "Class B Schemes" (Category 2), Jersey where established either as "Recognised Funds" (Category 1) or as funds that are not "Recognised Funds" (Category 2), the Isle of Man as "Authorised Schemes" (Category 1) or "unauthorised schemes" (Category 2), any investment funds authorised by the US Securities and Exchanges Commission under the Investment Companies Act 1940 (Category 2) and such other investment funds as may be permitted by the Central Bank as Category 2 from time to time. The AIFM will confirm to the Central Bank that any new Category 2 investment funds will comply in all material respects with the requirements applicable to a Retail Investor Alternative Investment Fund pursuant to the AIF Rulebook. In the case of unregulated funds, these will be domiciled in Australia, Hong Kong, South Africa, Bermuda, British Virgin Islands, the Cayman Islands, Singapore or Mauritius and will follow an investment strategy that seeks to provide capital appreciation to its investors through direct investment in transferable securities in the form of cash and/or cash equivalents, global equities (such as shares and common stock) and global equity related securities (securities with equity characteristics or conferring the right to acquire equity securities, such as depositary receipts and preference shares), REITs and global bonds which are listed on Recognised Markets (as set out in Appendix II of the Prospectus). Underlying Funds may not be leveraged. The Underlying Funds must comply with the investment restrictions of the Fund as outlined below.
Underlying Fund refers to each of the Funds in which the Top-Tier Funds may invest and listed on Annex II, as it may be amended from time to time. Each “Underlying Fund” invests its assets in individual portfolio securities in accordance with specified investment objectives, policies and restrictions.
Underlying Fund means a managed investment scheme that the Fund holds units or shares in. The underlying fund may be domiciled in Australia or in another jurisdiction and may be managed by Russell Investments or by a third party investment manager.
Examples of Underlying Fund in a sentence
Fee Multi-Manager Growth Portfolio (12/2002) 18.91 7.44 5.70 7.68 0.18% 0.00% Benchmark 19.24 6.11 5.64 8.42 Multi-Manager Blended Portfolio (12/2002) 12.53 2.98 4.22 5.77 0.13% 0.00% Benchmark 12.59 2.20 4.45 6.52 Multi-Manager Income Portfolio (10/2019) 3.69 -3.14 N/A -0.90 0.13% 0.00% Benchmark 4.04 -2.70 N/A -0.79 Annualized Investment Returns (Net of Fees) for the Period Ending September 30, 2023 Portfolio (Inception Date) 1-Year 3-Year 5-Year Inception Underlying Fund Fee Admin.
Fee Passive Growth Portfolio (10/2019) 19.32 6.16 N/A 6.94 0.06% 0.00% Benchmark 19.48 6.19 N/A 6.95 Passive Blended Portfolio (10/2019) 12.18 2.06 N/A 3.80 0.05% 0.00% Benchmark 12.13 1.91 N/A 3.64 Passive Income Portfolio (10/2019) 2.60 -3.75 N/A -1.36 0.06% 0.00% Benchmark 2.82 -3.81 N/A -1.51 INDIVIDUAL INVESTMENT FUND PERFORMANCE Annualized Investment Returns (Net of Fees) for the Period Ending September 30, 2023 Portfolio (Inception Date) 1-Year 3-Year 5-Year Inception Underlying Fund Fee Admin.
More Definitions of Underlying Fund
Underlying Fund has the meaning assigned to it in Section 2.4(j).
Underlying Fund has the meaning assigned to it in Section 1.4(a).
Underlying Fund means the mutual fund managed by Sun Life Global Investments (Canada) Inc. which is held as part of the active component of each Milestone Fund’s portfolio;
Underlying Fund means a collective investment scheme (including exchange traded funds) which will be daily dealing, open-ended and may be listed or unlisted and will be domiciled in, in the case of regulated funds in an EU/EEA Member State authorised under the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2011 as amended (the "UCITS Regulations") or authorised under domestic legislation implementing the UCITS Regulations and such other investment funds as may be permitted by the Central Bank as Category 1 from time to time (category 1 investment funds pursuant to the AIF rulebook ("Category 1")), or authorised in an EU Member State (category 2 investment funds pursuant to the AIF rulebook ("Category 2")), Guernsey where authorised as "Class A Schemes" (Category 1) or "Class B Schemes" (Category 2), Jersey where established either as "Recognised Funds" (Category 1) or as funds that are not "Recognised Funds" (Category 2), the Isle of Man as "Authorised Schemes" (Category 1) or "unauthorised schemes" (Category 2), any investment funds authorised by the US Securities and Exchanges Commission under the Investment Companies Act 1940 (Category 2) and such other investment funds as may be permitted by the Central Bank as
Underlying Fund means underlying funds and/or portfolios, including without limitation managed accounts in which the Customer has invested or will or may invest.
Underlying Fund means the mutual fund or other investment fund in which a Fund invests from time to time;
Underlying Fund means any collective investment scheme which meets the