Investment guarantees. We do not guarantee the performance of your investment. You carry the investment and market risk, which includes the possibility of losing capital. The market value of your unit trust portfolio may go up or down depending on the market value of the assets in your unit trust portfolio. If your unit trust portfolio has international assets, a change in the exchange rates may cause the value of those investments to rise and fall. Past performance is also not necessarily an indication of what will happen in the future. Unit trust portfolios are generally medium- to long-term investments.
Investment guarantees. 1. Investment guarantees are an increasingly important tool for development finance as they contribute to reducing project risks and inducing private capital flows. Cooperation shall therefore ensure the increasing availability and use of risk insurance as a risk mitigating mechanism in order to boost investor confidence in the ACP States.
2. Cooperation shall offer guarantees and assist with guarantees funds covering risks for qualified investment. Specifically, cooperation shall provide support to:
a) reinsurance schemes to cover foreign direct investment by eligible investors; against legal uncertainties and the major risks of expropriation, currency transfer restriction, war and civil disturbance, and breach of contract. Investors may insure projects for any combination of the four types of coverage;
b) guarantee programmes to cover risk in the form of partial guarantees for debt financing. Both partial risk and partial credit guarantee shall be available; and
c) national and regional guarantee funds, involving, in particular, domestic financial institutions or investors for encouraging the development of the financial sector.
3. Cooperation shall also provide support to capacity-building, institutional support and participation in the core funding of national and/or regional initiatives to reduce the commercial risks for investors (inter alia guarantee funds, regulatory bodies, arbitration mechanisms and judiciary systems to enhance the protection of investments improving the export credit systems).
4. Cooperation shall provide such support on the basis of complementary and added value with respect to private and/or public initiatives and, whenever feasible, in partnership with private and other public organisations. The ACP and the EC will within the framework of the ACP-EC Development Finance Cooperation Committee undertake a joint study on the proposal to set up an ACP-EC Guarantee Agency to provide and manage investment guarantee programmes.
Investment guarantees. Article 22. The Inter-Arab Investment Guarantee Corporation shall provide insurance for the funds invested pursuant to this Agreement according to the terms and provisions stipulated within the Agreement on Establishing the Inter-Arab Investment Guarantee Corporation and the amendments thereto, in addition to the rules and regulations issued accordingly.
Article 23. The General Secretariat of the League of Arab States may reach agreement with the Inter-Arab Investment Guarantee Corporation regarding matters within its competence for the performance of any of the tasks stipulated in article 18, paragraphs 4 and 5.
Article 24. Where a State Party or Arab authority pays a sum for damages sustained by the Arab investor as a result of a guarantee which it accorded him either singly or together with the Inter-Arab Investment Guarantee Corporation or any other organization or as a result of any insurance arrangements, the payer shall be subrogated for the investor before the State in which the investment is made within the limits of the payment made, provided that the legally prescribed rights of the investor before such State are not thereby exceeded. The rights of the investor before the said State shall continue to apply to sums in excess of those paid to him.
Investment guarantees. The market value of the units may decrease and increase, and past performance is not necessarily a guide to future performance. Unit trusts are therefore generally medium- to long-term investments. You carry the investment risk, which includes the possibility of losing capital. If a fee or charge is levied, this is passed on to you by reducing the underlying investments of the Investment Account by the same amount. Your choice of unit trusts and their associated class will determine certain aspects of the fee structure. Where applicable, these fees and charges are levied proportionately across all unit trusts of the Investment Account. The Administrator may be required to adjust any charges due to a change in: tax (including any new tax), legislation, practice, or interpretation of any legal or regulatory authority. There are generally three types of fees that may be deducted from your investment on an initial and annual basis: administration fees, investment management fees, and financial adviser fees.
Investment guarantees. ARTICLE 22
Investment guarantees. The market value of the units may go down as well as up, and past performance is not necessarily a guide to the future. Unit trusts are therefore generally medium- to long-term investments. You carry the investment risk, which includes the possibility of losing capital.
Investment guarantees. 1. Investments of investors of either Contracting Party within the territory of the other Contracting Party shall not be expropriated, nationalized or Subject to the measures, equal in expropriation, except in cases where such measures are taken in the public interest and are produced: - In the manner prescribed by the legislation The Contracting Party carrying out the expropriation; - Without discrimination; - The payment of adequate compensation without delay.
2. The amount of compensation is determined at the time of the expropriation of the investment or when the expropriation or the threat of it was officially known, whichever is the earlier.
3. The amount of compensation shall be calculated on the basis of current market prices and / or substantiated estimates confirmed by an auditor or audit firm, and freely translated from the territory of one Contracting Party in the territory of the other Contracting Party.
4. Compensation shall be paid in the currency in which the investment or, with the consent of the investor, in another currency freely converged been implemented.
Investment guarantees. Each Investment Guarantee has been --------------------- duly authorized and, at the Closing Time, will have been duly executed and delivered by the Company and, when duly executed and delivered by the Investment Guarantee Trustee, will constitute a valid and binding obligation of the Company enforceable against the Company in accordance with its terms, except as may be limited by the Exceptions. Each Investment Guarantee has been duly qualified under the 1939 Act.
Investment guarantees. In the event that the regulations of one Contracting Party contain a guarantee for Investments made abroad, this guaranlee may be accorded, after examining case, by case, to investments made by nationals or companies of this Party on the territory or in the marine area of the other Party. Investments made by nationals or companies of one Contracting Party on the territory or bn the maritime area of the other Contracting Party may obtain the guarantee referred to in the foregoing paragraph only if they have been previously agreed to by the other Party.
Investment guarantees. The Contractor shall be entitled to the investment guarantees provided in the Act and its IRR.
