collective investment scheme definition

collective investment scheme means any arrangements with respect to property of any description, including money, the purpose or effect of which is to enable Persons taking part in the arrangements (whether by becoming owners of the property or any part of it or otherwise) to participate in or receive profits or income arising from the acquisition, holding, management or disposal of the property or sums paid out of such profits or income.

collective investment scheme means a scheme for the management of property of any description which enables participants in the scheme to receive income or profits from that property, such as open-ended investment companies, unit trusts and investment trust companies.

collective investment scheme or “investment scheme” means any arrangement such as is identified as described in paragraph 1 of Schedule 1 of the Law;

Examples of collective investment scheme in a sentence

• To ensure that RCM complies with the spirit and the letter of the requirements, a broad interpretation has been adopted.In respect of the instruments covered, this may include investment by employees in a Collective Investment Scheme as well as individual Reportable Securities.The code will apply to all employees representing the firm, including its staff, directors, non-executive directors, Approved Persons and contractors.

• TMI’s registration number is 69031 and it is regulated by the Guernsey Financial Services Commission as a registered closed-ended collective investment scheme pursuant to the Protection of Investors (Bailiwick of Guernsey) Law, 2020, the Registered Collective Investment Scheme Rules 2021 and the Prospectus Rules 2021.

• Transactions in, and holdings of, EU UCITS regulated Collective Investment Scheme, securities issued by the United States Government, U.S. Registered Investment Companies, bank certificates of deposit and money market instruments or Government and Public Securities.

• The following types of Investment are exempt from this Policy: UK Government and other Public Securities; Life Policies; Units or shares in a regulated Collective Investment Scheme (including shares issued by an open-end investment company registered under the US Investment Company Act 1940); National Savings and Building Society accounts NOTE: For PEP and ISA transactions the underlying investment should determine whether the transaction falls within the requirements of this Policy.

• General approval criteria for personal account transactions  No pending orders for all of the funds (as reflected in Bloomberg POMS)  Transaction of Korean stocks are prohibited  The minimum holdig period for a security / Collective Investment Scheme is 60 calendar daysand for ETFs, the relevant period shall be 30 calendar days unless specifically by the Head of Compliance with proper justification by the Staff.

More Definitions of collective investment scheme

collective investment scheme means any pooled investment vehicle irrespective of legal form;

collective investment scheme means a scheme as defined in the Collective Investment Schemes Control Act;

collective investment scheme. , means a scheme in whatever form, including an open-ended investment company, in pursuance of which members of the public are invited or permitted to invest money or other assets in a portfolio.

collective investment scheme means any arrangement with respect to property of any description including money—

collective investment scheme or “scheme” means collective investment schemes commonly regarded as mutual funds (whether they appear in the legal forms of contractual model, companies with variable capital or otherwise) and unit trusts as are contemplated in this UT Code.

collective investment scheme means any pooled investment vehicle irrespective of legal form; and “public collective investment scheme” means any collective investment scheme or fund, in which the purchase, sale or redemption of shares or other interests is not implicitly or explicitly restricted to a limited group of investors;

collective investment scheme means a collective investment scheme, described in the “Investment Know-How” section below;