INDIVIDUAL INVESTMENT FUNDS Sample Clauses

INDIVIDUAL INVESTMENT FUNDS. For experienced investors who understand the risk and return characteristics of various security types, the Program offers a suite of individual investment funds, which cover a broad spectrum of asset classes. The Account Owner may construct a portfolio by allocating their investment to selected fund options based on their objectives. The individual investment funds are detailed in the following pages. In a custom portfolio, the Account Owner has full control and responsibility for allocation and rebalancing. In accordance with Section 529 of the Code, the allocation of the Account Balance (or, your investment option selection for money already invested) may be modified up to two times per calendar year. Ticker numbers are provided to show detailed information related to the fund’s investments and strategies. The Board calculates its own NAV for each investment option which is different than the NAV provided by the fund. The fund seeks to provide, in priority order, safety, liquidity and competitive returns with minimization of risks. Short-term, high-quality fixed income securities rated in the highest short-term rating category by one or more nationally recognized rating service, or in comparable securities. Manager: Fund Fee: Admin. Fee: Benchmark: Ticker: Florida Prime 0.04% (4 bps) 0.00% (0 bps) Xxxxxxx Xxxxx 91day T Bill Exclusive (Fund not publicly available) This fund is actively managed by Wellington and seeks to provide broad exposure to primarily investment grade fixed income securities plus a restricted allocation to lower credit quality investments such as high-yield and emerging market debt.
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INDIVIDUAL INVESTMENT FUNDS. For experienced investors who understand the risk and return characteristics of various security types, the Program offers a suite of individual investment funds, which cover a broad spectrum of asset classes. The Account Owner may construct a portfolio by allocating their investment to selected fund options based on their objectives. The individual investment funds are detailed in the following pages. In a custom portfolio, the Account Owner has full control and responsibility for allocation and rebalancing. In accordance with Section 529 of the Code, the allocation of the Account Balance (or, your investment option selection for money already invested) may be modified up to two times per calendar year. Ticker numbers are provided to show detailed information related to the fund’s investments and strategies. The Board calculates its own NAV for each investment option which is different than the NAV provided by the fund. Manager: Florida Prime Fund Fee: 0.04% (4 bps) Admin. Fee: 0.00% (0 bps) Benchmark: Xxxxxxx Xxxxx 91 day T Xxxx Xxxxxx: Exclusive (Fund not publically available) This fund is actively managed by Wellington and seeks to provide broad exposure to primarily investment grade fixed income securities plus a restricted allocation to lower credit quality investments such as high-yield and emerging market debt. Manager: Wellington Fund Fee: 0.22% (22 bps) Admin. Fee: 0.00% (0 bps) Benchmark: Bloomberg Barclays Aggregate Ticker: Exclusive (fund not publically available) This fund invests in the Vanguard Total Bond Market Index. Vanguard seeks to provide current income through investing in high credit quality investments while providing broad exposure to the investment grade segment of the U.S. bond market. Manager: Vanguard Fund Fee: 0.03% (3 bps) Admin. Fee: 0.00% (0 bps) Benchmark: Bloomberg Barclays Aggregate Ticker: VBMPX The fund is invested in the Vanguard High-Yield Corporate Fund and seeks to provide a high level of current income. The fund invests primarily in a diversified group of high-yielding, higher- risk corporate bonds with medium- and lower-range credit quality ratings. Manager: Vanguard Fund Fee: 0.13% (13 bps) Admin. Fee: 0.00% (0 bps) Benchmark: 95% Bloomberg Barclays U.S. High-Yield Ba/B 2% Issuer Capped Index and 5% Bloomberg Barclays U.S. 1-5 Year Treasury Bond Index Ticker: VWEAX The fund is invested in the Vanguard Emerging Markets Government Bond Index Fund and seeks to track the performance of a benchmark index that measur...
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INDIVIDUAL INVESTMENT FUNDS. For experienced investors who understand the risk and return characteristics of various security types, the Program offers a suite of individual investment funds, which cover a broad spectrum of asset classes. The Account Owner may construct a portfolio by allocating their investment to selected fund options based on their objectives. The individual investment funds are detailed in the following pages. In a custom portfolio, the Account Owner has full control and responsibility for allocation and rebalancing. In accordance with Section 529 of the Code, the allocation of the Account Balance (or, your investment option selection for money already invested) may be modified up to two times per calendar year. The Money Market Fund seeks to provide, in priority order, safety, liquidity, and competitive returns with minimization of risk by investing in short-term, high-quality fixed income securities rated in the highest short-term rating category by one or more nationally recognized rating service, or in comparable securities. Manager: Florida Prime Fund Fee: 0.04% (4 bps) Admin. Fee: 0.00% (0 bps) Benchmark: Xxxxxxx Xxxxx 91 day T Xxxx Xxxxxx: Exclusive (fund not publically available) The Core Fixed Income Fund seeks to provide income by investing in domestic investment grade fixed income securities that are consistent with minimal fluctuation of principal through broad exposure to U.S. Treasury securities, corporate bonds, mortgage-related securities, and asset-backed securities with one to ten years to maturity and an outstanding par value of $250 million or greater.
Sample 1
INDIVIDUAL INVESTMENT FUNDS. For experienced investors who understand the risk and return characteristics of various security types, the Program offers a suite of individual investment funds, which cover a broad spectrum of asset classes. The Account Owner may construct a portfolio by allocating their investment to selected fund options based on their objectives. The individual investment funds are detailed in the following pages. In a custom portfolio, the Account Owner has full control and responsibility for allocation and rebalancing. In accordance with Section 529 of the Code, the allocation of the Account Balance (or, your investment option selection for money already invested) may be modified up to two times per calendar year. Ticker numbers are provided to show detailed information related to the fund’s investments and strategies. The Board calculates its own NAV for each investment option which is different than the NAV provided by the fund. The fund seeks to provide, in priority order, safety, liquidity and competitive returns with minimization of risks. Short-term, high-quality fixed income securities rated in the highest short-term rating category by one or more nationally recognized rating service, or in comparable securities. This fund is actively managed by Wellington and seeks to provide broad exposure to primarily investment grade fixed income securities plus a restricted allocation to lower credit quality investments such as high-yield and emerging market debt. This fund invests in the Vanguard Total Bond Market Index. Vanguard seeks to provide current income through investing in high credit quality investments while providing broad exposure to the investment grade segment of the U.S. bond market. The fund is invested in the Vanguard High-Yield Corporate Fund and seeks to provide a high level of current income. The fund invests primarily in a diversified group of high-yielding, higher-risk corporate bonds with medium- and lower-range credit quality ratings. The fund is invested in the Vanguard Emerging Markets Government Bond Index Fund and seeks to track the performance of a benchmark index that measures the investment return of U.S. dollar-denominated bonds issued by governments and government-related issuers in emerging market countries. Benchmark: Bloomberg Barclays U.S. Dollar Emerging Markets Government RIC Capped Index Ticker: VGIVX The fund is invested in the Xxxxx Xxxxx Floating Rate Fund and seeks to maintain broad borrower and industry diversification among...
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Related to INDIVIDUAL INVESTMENT FUNDS

  • Investment Funds Unregistered general or limited partnerships or pooled investment vehicles and/or registered investment companies in which the Company (directly, or indirectly through the Master Fund) invests its assets that are advised by an Investment Manager.

  • Legal Investment On the Closing Date, the sale and issuance of the Shares and the proposed issuance of the Conversion Shares shall be legally permitted by all laws and regulations to which Purchasers and the Company are subject.

  • Trust Funds The Owner hereby gives power to the Agent to deposit all receipts collected for the Owner, less any sums properly deducted or disbursed, in a financial institution whose deposits are insured by an agency of the United States government. The funds shall be held in a trust account separate from the Agent’s personal accounts. The Agent shall not be liable in the event of a bankruptcy or failure of a financial institution. All funds managed under this section must be done so in accordance with applicable law.

  • The Investment Account; Eligible Investments (a) Not later than the Withdrawal Date, the Master Servicer shall withdraw or direct the withdrawal of funds in the Custodial Accounts for P&I, for deposit in the Investment Account, in an amount representing: (i) Scheduled installments of principal and interest on the Mortgage Loans received or advanced by the applicable Servicers which were due on the related Due Date, net of the Servicing Fees due the applicable Servicers and less any amounts to be withdrawn later by the applicable Servicers from the applicable Buydown Fund Accounts; (ii) Payoffs and the proceeds of other types of liquidations of the Mortgage Loans received by the applicable Servicer for such Mortgage Loans during the applicable Payoff Period, with interest to the date of Payoff or liquidation less any amounts to be withdrawn later by the applicable Servicers from the applicable Buydown Fund Accounts; and (iii) Curtailments received by the applicable Servicers in the Prior Period. At its option, the Master Servicer may invest funds withdrawn from the Custodial Accounts for P&I, as well as any Buydown Funds, Insurance Proceeds and Liquidation Proceeds previously received by the Master Servicer (including amounts paid by the Company in respect of any Purchase Obligation or its substitution obligations set forth in Section 2.07 or Section 2.08 or in connection with the exercise of the option to terminate this Agreement pursuant to Section 9.01) for its own account and at its own risk, during any period prior to their deposit in the Certificate Account. Such funds, as well as any funds which were withdrawn from the Custodial Accounts for P&I on or before the Withdrawal Date, but not yet deposited into the Certificate Account, shall immediately be deposited by the Master Servicer with the Investment Depository in an Investment Account in the name of the Master Servicer and the Trust for investment only as set forth in this Section 3.03. The Master Servicer shall bear any and all losses incurred on any investments made with such funds and shall be entitled to retain all gains realized on such investments as additional servicing compensation. Not later than the Business Day prior to the Distribution Date, the Master Servicer shall deposit such funds, net of any gains (except Payoff Earnings) earned thereon, in the Certificate Account. (b) Funds held in the Investment Account shall be invested in (i) one or more Eligible Investments which shall in no event mature later than the Business Day prior to the related Distribution Date (except if such Eligible Investments are obligations of the Trustee, such Eligible Investments may mature on the Distribution Date), or (ii) such other instruments as shall be required to maintain the Ratings.

  • Investment Options You may direct the investment of your funds within this IRA into any investment instrument offered by or through the Custodian. The Custodian will not exercise any investment discretion regarding your IRA, as this is solely your responsibility. There are certain fees and charges connected with your IRA investments. These fees and charges may include the following. • Sales Commissions • Set Up Fees • Investment Management Fees • Annual Maintenance Fees • Distribution Fees • Surrender or Termination Fees To find out what fees apply, refer to the investment prospectus or contract. There may be certain fees and charges connected with the IRA itself. (Select and complete as applicable.) Annual Custodial Service Fee* $ No Charge Overnight Distribution $ 16.50 Wire Fee $ 12.50 Transfer Out Fee $ The greater of $100.00 or $25.00 per position Other (Explain) We reserve the right to change any of the above fees after notice to you, as provided in your IRA agreement. *The annual custodial fee will be borne by your Investment Advisor.

  • 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.

  • Registered Investment Adviser The Sub-Adviser (i) is duly registered as an investment adviser under the Advisers Act and will continue to be so registered for so long as this Agreement remains in effect; (ii) is not prohibited by the 1940 Act or the Advisers Act from performing the services contemplated by this Agreement; (iii) has appointed a Chief Compliance Officer under Rule 206(4)-7 under the Advisers Act; (iv) has adopted written policies and procedures that are reasonably designed to prevent violations of the Advisers Act from occurring, and correct promptly any violations that have occurred, and will provide notice promptly to the Adviser of any material violations relating to the Fund; (v) has materially met and will seek to continue to meet for so long as this Agreement remains in effect, any other applicable federal or state requirements, or the applicable requirements of any regulatory or industry self-regulatory agency; and (vi) will promptly notify the Adviser of the occurrence of any event that would disqualify the Sub-Adviser from serving as an investment adviser of a registered investment company pursuant to Section 9(a) of the 1940 Act.

  • Settlement Funds The Servicer shall be named as a payee on all insurance loss drafts and upon receipt thereof, the funds shall be credited to the Borrower's Insurance Proceeds balance and deposited into (a) where such funds will be applied to the repair and restoration of the related Mortgaged Property and where required by applicable state law, one or more separate escrow accounts, so that the balance on deposit in such accounts is fully insured at all times by the FDIC through either the BIF or SAIF or (b) where such funds will not be applied to the repair and restoration of the related Mortgaged Property, the respective Custodial P&I Account.

  • Investment Adviser and Investment Sub-Adviser The Trustees may in their discretion, from time to time, enter into an investment advisory or management contract or contracts with respect to the Trust or any Series whereby the other party or parties to such contract or contracts shall undertake to furnish the Trust with such management, investment advisory, statistical and research facilities and services and such other facilities and services, if any, and all upon such terms and conditions, as the Trustees may in their discretion determine. Notwithstanding any other provision of this Trust Instrument, the Trustees may authorize any investment adviser (subject to such general or specific instructions as the Trustees may from time to time adopt) to effect purchases, sales or exchanges of portfolio securities, other investment instruments of the Trust, or other Trust Property on behalf of the Trustees, or may authorize any officer, employee, agent, or Trustee to effect such purchases, sales or exchanges pursuant to recommendations of the investment adviser (and all without further action by the Trustees). Any such purchases, sales and exchanges shall be deemed to have been authorized by the Trustees. The Trustees may authorize, subject to applicable requirements of the 1940 Act, the investment adviser to employ, from time to time, one or more sub-advisers to perform such of the acts and services of the investment adviser, and upon such terms and conditions, as may be agreed upon between the investment adviser and sub-adviser. Any reference in this Trust Instrument to the investment adviser shall be deemed to include such sub-advisers, unless the context otherwise requires.

  • Initial Capital Contribution of Trust Estate As of the date of the Original Trust Agreement, the Seller sold, assigned, transferred, conveyed and set over to the Owner Trustee the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the Seller, as of such date, of the foregoing contribution, which shall constitute the initial Trust Estate and shall be deposited in the Collection Account.

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