Accumulating Shares definition

Accumulating Shares means the A USD Shares, the A AUD Shares, the A EUR Shares, the A GBP Shares, the A JPY Shares, the B USD Shares, the B EUR Shares, the B GBP Shares, the C USD Shares, the C EUR Shares, the D USD Shares, the D EUR Shares, the D GBP Shares;
Accumulating Shares means Shares in a Fund in respect of which the net income and net capital gains arising will be rolled-up;“Accumulating Class”means a class of Shares in a Fund in respect of which the net income and net capital gains arising will be rolled-up;“Administrator”means J.P. Morgan Administration Services (Ireland) Limited, which acts as administrator, registrar and transfer agent of the Company or any successor company approved by the Central Bank as administrator, registrar and transfer agent of the Company;“Administration Agreement”means the administration agreement dated 31 August 2018 between the Manager and the Administrator, as amended by an amendment agreement dated 21 February 2020, as may be further amended, supplemented or otherwise modified from time to time in accordance with the requirements of the Central Bank;“AIF”means an alternative investment fund;“Articles of Association”means the Articles of Association of the Company;“Base Currency”means the currency of account of a Fund as specified in the relevant Supplement;“Beneficial Ownership Regulations”means the European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2016;“Business Day”means a day on which the banks are open for normal banking business in London (excluding Saturdays and Sundays) which is also a normal banking day in the denominated currency of the Funds, or such other day as may be determined by the Directors;“CBI UCITS Regulations”means the Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1)) (Undertakings for Collective Investment in Transferable Securities) Regulations 2019, as may be amended, supplemented, replaced or consolidated from time to time;“Central Bank”means Central Bank of Ireland or any successor entity thereto;“Company”means Fidelity Institutional Liquidity Fund plc, an investment company with variable capital organised in Ireland pursuant to the Companies Act 2014 and authorised pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 (S.I. No. 352 of 2011);“Constant NAV”means a Net Asset Value calculated using the valuation methodologies described in the section of the Prospectus entitled “Valuation of Assets – Constant NAV”;“Data Protection Acts”means the Data Protection Acts 1988 to 2018 and the General Data Protection Regulation (EU 2016/679);“Dealing Cycle”means the period(s) on a Dealing Day within which subscriptions, transfers and redemption...
Accumulating Shares means Shares of a Class of a Fund whose net income is reinvested in thecapital of the relevant Fund;

Examples of Accumulating Shares in a sentence

  • Accumulating Shares do not entitle the shareholder to a dividend.

  • The profits attributable to the Accumulating Shares in the Sub-Fund shall be retained within the Sub-Fund and will be reflected in the Net Asset Value of the Accumulating Shares.

  • The Sub-Fund may issue Distributing Shares and Accumulating Shares.

  • The net income attributable to Accumulating Shares will be retained by the Fund and form part of the Net Asset Value of such classes.

  • No declarations or distributions shall be made in respect of the Accumulating Shares.


More Definitions of Accumulating Shares

Accumulating Shares means a class of Shares which generally do not pay dividends or other
Accumulating Shares means Shares of a Class of a Fund whose net income is reinvested in the
Accumulating Shares means the A AUD Shares, the A EUR Shares and the A GBP Shares;
Accumulating Shares means Shares of a Fund carrying no right to any
Accumulating Shares means Shares of a Fund which have been indicated asAccumulating Shares in the relevant Supplement;
Accumulating Shares means Shares in a Fund in respect of which the net income and net capital gains arising will be rolled up;
Accumulating Shares means a Share or a Class of Shares in a Sub-Fund which generally does not pay a dividend as more particularly described under "Dividend Policy".