Portfolio Composition File Sample Clauses
The Portfolio Composition File clause defines the requirements and procedures for providing detailed information about the assets held within a portfolio, such as a mutual fund or exchange-traded fund. Typically, this clause specifies the format, frequency, and content of the file, which may include data points like security identifiers, quantities, and market values. By mandating regular and standardized disclosure of portfolio holdings, the clause ensures transparency for investors and facilitates regulatory compliance.
POPULAR SAMPLE Copied 2 times
Portfolio Composition File. The Adviser initially shall determine, and shall make any subsequent modifications to, the portfolio composition file (the “PCF”) for each Fund, if and as required. If and as required for a Fund, the PCF shall specify the amount of the cash component, the identity and number of shares of securities to be accepted in exchange for “Creation Units” for the Fund, and the securities that shall be applicable that day to redemption requests received for the Fund (and may give directions to the Trust’s custodian with respect to said designations).
Portfolio Composition File. On a daily basis, the Fund shall prepare and provide to the Custodian for submission to National Securities Clearing Corporation (the “NSCC”) the Fund’s Portfolio Composition File (“PCF”). The Fund shall ensure that each PCF provided to the Custodian for submission to NSCC comports in all respects with NSCC’s ETF Portfolio Data Service file specifications, and the Fund must provide the PCF to the Custodian no later than one (1) hour in advance of NSCC’s required delivery time.
Portfolio Composition File. Unless the Adviser has retained the responsibility, as agreed between the Adviser and the Sub-Adviser and as reported to the Trust, the Subadviser initially shall determine, and shall make any subsequent modifications to, the portfolio composition file (the “PCF”) for each Fund, if and as required. If and as required for a Fund, the PCF shall specify the amount of the cash component, the identity and number of shares of securities to be accepted in exchange for “Creation Units” for the Fund, and the securities that shall be applicable that day to redemption requests received for the Fund (and may give directions to the Trust’s custodian with respect to said designations).