Advisory persons definition

Advisory persons means employees and certain control persons (and their employees) who make; participate in, or obtain information regarding fund securities transactions or whose functions relate to the making of recommendations with respect to fund transactions.
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Advisory persons. (as defined in Rule 17j-under the 1940 Act) have complied materially with the requirements of Rule 17j-1 under the 1940 Act during the previous quarter or, if not, explain what the Subadviser has done to seek to ensure such compliance in the future. Annually, the Subadviser shall furnish a written report, which complies with the requirements of Rule 17j-1 and Rule 38a-1 under the 1940 Act, concerning the Subadviser’s Code of Ethics and compliance program, respectively, to the Fund and the Manager. Upon written request of the Fund or the Manager with respect to material violations of the Code of Ethics directly affecting the Fund, the Subadviser shall permit representatives of the Fund or the Manager to examine reports (or summaries of the reports) required to be made by Rule 17j-1(d)(1) relating to enforcement of the Code of Ethics.
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Advisory persons has the meaning set forth in the Articles Supplementary.
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Examples of Advisory persons in a sentence

  • Advisory persons include persons in a control relationship to a Van Eck Fund or a Van Eck Company that obtains information about recommendations made to the Van Eck Fund regarding the purchase or sale of securities.

  • Advisory persons include persons in a control relationship to a Tiburon Fund or a Tiburon Company that obtains information about recommendations made to the Tiburon Fund regarding the purchase or sale of securities.

  • Advisory persons include persons in a control relationship to a Fund or a Van Eck Company that obtains information about recommendations made to the Fund regarding the purchase or sale of securities.

  • Advisory persons seeking approval to acquire or dispose of individual securities should allow sufficient time for this review and approval process.

  • Advisory persons serving on boards or committees of operating companies may obtain material non-public information in connection with their directorship or position on a committee that would effectively preclude the investment freedom that would otherwise be available to the advisory clients.

  • Advisory persons who are new employees of the Adviser shall submit a schedule of current security holdings within ten days of the date their employment commences, which shall include (i) the name, number of shares and principal for all securities owned by such access person and (ii) any securities account such access person maintains with a broker dealer or bank, and shall subsequently follow these guidelines in receiving approvals to liquidate or add to their security positions.

  • Advisory persons are prohibited from receiving, either directly or indirectly, anything of value in excess of a "de minimus" amount from any person or any employee of an entity that does or seeks to do business with the Company.

  • Advisory persons are prohibited from serving on the boards of directors of publicly traded companies, absent a prior authorization from the Compliance Officer based on a determination that the board service would not be inconsistent with the interests of the Company's advisory clients.

  • Advisory persons are prohibited from serving on the boards of directors of publicly traded companies, absent a prior authorization from the Compliance Officer based on a determination that the board service would not be inconsistent with the interests of the Company’s advisory clients.

  • Advisory persons should also restrict their activities on committees (E.G., advisory committees or shareholder/creditor committees).


More Definitions of Advisory persons

Advisory persons means (1) any trustee, director, officer, or employee of a Fund or Steben & Company, Inc. (“SCI”) (or any person in a control relationship to a Fund or SCI) who, in connection with his or her regular duties, makes, participates in, or obtains information regarding the purchase or sale of securities by a Fund, or whose functions relate to making any recommendations with respect to such purchases or sales, and (2) any natural person in a control relationship to a Fund or SCI who obtains information concerning recommendations made to a Fund with regard to the purchase or sale of securities by such Fund.
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Advisory persons means (a) Investment Persons (as defined below); (b) all directors and officers; (c) all employees who, in connection with their regular functions or duties, make, participate in, or obtain information, regarding the purchase or sale of a security by a Fund (as defined below), or whose functions relate to the making of any recommendations with respect to such purchases or sales; and (d) any natural person in a control relationship to SG who obtains information concerning recommendations made to a Fund with regard to the purchase or sale of a security.
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Advisory persons means the Adviser or any affiliated person of the Adviser (as defined in Section 2(a)(3) of the 1940 Act) (other than the Fund, in the case of a redemption or purchase of VMTP Shares which are to be cancelled within 10 days of purchase by the Fund).
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Advisory persons means (i) any employee of the Fund, Manager or Advisor/Subadvisor (or of any company in a control relationship to the Fund, Manager or Advisor/Subadvisor) who, in connection with his or her regular functions or duties, makes, participates in, or obtains information regarding the purchase or sale of a security by the Fund, or whose functions relate to the making of any recommendations with respect to such purchases or sales; and (ii) any natural person in a control relationship to the Fund who obtains information concerning recommendations made to the Fund with regard to the purchase or sale of a security.
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Advisory persons means (i) any director, trustee, officer, or employee of the Trusts’ Funds or the Adviser (or of any company in a control relationship to the Trusts’ Funds or Adviser) who, in connection with his or her regular functions or duties, makes, participates in, or obtains information regarding the purchase or sale of covered securities by the Trusts’ Funds, or whose functions relate to the making of any recommendations with respect to such purchases or sales; (ii) any natural person in a control relationship to the Trusts’ Funds or the Adviser who obtains information concerning recommendations made to the Trusts’ Funds with regard to the purchase or sale of covered securities by the Trusts’ Funds; and (iii) any supervised person of the Adviser (A) who is involved in making securities recommendations for the Trusts’ Funds, or (B) who has access to such recommendations that are nonpublic, access to nonpublic information regarding the Trusts’ Funds purchase or sale of securities, or access to nonpublic information regarding the portfolio holdings of the Trusts’ Funds.
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Related to Advisory persons

  • Advisor or “ADVISORS” means the Person or Persons, if any, appointed, employed or contracted with by the Company pursuant to Section 8.1 hereof and responsible for directing or performing the day-to-day business affairs of the Company, including any Person to whom the Advisor subcontracts all or substantially all of such functions.

  • Investment adviser representative means an individual employed by or associated with an investment adviser or federal covered investment adviser and who makes any recommendations or otherwise gives investment advice regarding securities, manages accounts or portfolios of clients, determines which recommendation or advice regarding securities should be given, provides investment advice or holds herself or himself out as providing investment advice, receives compensation to solicit, offer, or negotiate for the sale of or for selling investment advice, or supervises employees who perform any of the foregoing. The term does not include an individual who:

  • Expert Advisor means a mechanical online trading system designed to automate trading activities on an electronic trading platform such as the Company’s Trading Platform. It can be programmed to alert the Client of a trading opportunity and can also trade his Trading Account automatically managing all aspects of trading operations from sending orders directly to the Trading Platform to automatically adjusting stop loss, Trailing Stops and take profit levels.

  • Partners means the General Partner and the Limited Partners.

  • Associated Persons means the directors, employees (whether full-time, part-time or casual), Related Bodies Corporate, agents, contractors, advisors and owners of Tabcorp and the Venue Operator, respectively, (as is applicable).

  • Investment Advisor means, in relation to a Portfolio, the investment manager or investment advisor of the Portfolio.

  • interested persons and "Assignment" shall have their respective meanings as set forth in the 1940 Act, subject, however, to such exemptions as may be granted by the Commission under the 1940 Act or any interpretations of the Commission staff.

  • Permitted Persons means (A) the Company; (B) any Related Party; or (C) any group (as defined in Rule 13b-3 under the Exchange Act) comprised of any or all of the foregoing.

  • Partnership Representative has the meaning set forth in Section 5.2(a).