Application Basket definition

Application Basket means, a portfolio of Index Securities fixed by the Manager at the start of business on the relevant Dealing Day and/or the cash equivalent of the Index Securities where applicable, and/or such other securities as may be approved by the Manager, for the purpose of the creation and redemption of Units in an Application Unit size, notified on the relevant date by the Manager in accordance with the Operating Guidelines for Applications.
Sample 1Sample 2Sample 3
Application Basket means, in respect of the iShares MSCI India, a portfolio of Index IAPs which constitute the Index Basket fixed by the Manager at the start of business on the relevant Dealing Day for the purpose of the creation and redemption of Units in an Application Unit size, notified on the relevant date by the Manager in accordance with the Operating Guidelines for Applications.
Sample 1
Application Basket means a portfolio of Virtual Asset, Securities and/or FDIs determined by the Manager at the start of business on the relevant Dealing Day for the purpose of the creation and redemption of Shares in an Application Share size, notified on the relevant date by the Manager to Participating Dealers for the relevant Sub-Fund.
Sample 1

Examples of Application Basket in a sentence

  • For purposes of tracking the Index closely, the Manager may, from time to time, adjust the number of odd lots of Index Securities in each Application Basket.

  • This may result in a situation where the Application Basket may comprise of odd lots of the Index Securities.

  • Using a Replication Strategy, this Sub-Fund will invest in substantially all the Index Securities in substantially the same weightings (i.e. proportions) as the applicable Index and the Application Basket may comprise odd lots of the Index Securities.

  • For each Application Unit redeemed, the Sub-Funds pays an Application Basket consisting of constituent shares as determined by the Manager on a daily basis and a cash amount equivalent to a cash component as defined above.

  • Under the terms of the Participation Agreement, the Participating Dealer may only apply to create Units on the presentation of an Application Basket by it.

  • Units are offered and issued at their Net Asset Value only in Application Unit size generally in exchange for an Application Basket.

  • Since 14th November 2008, units can be redeemed either (a) in-kind for an Application Basket plus a cash component or (b) for a cash amount equivalent to the Application Basket Value plus a cash component.

  • In the latter case, for each Application Unit, the Sub-Funds receives an Application Basket consisting of constituent shares as determined by the Manager on a daily basis and a cash amount equivalent to a cash component.

  • Units are created / redeemed at their Net Asset Value only in Application Unit size generally in exchange for an Application Basket.

  • Since 14th November 2008, units can be redeemed either (a) in-kind for an Application Basket plus a cash component or (b) for a cash amount equivalent to the Application Basket Value plus a cash component.MSCI China ETFDuring the period ended 30th June 2011, the Sub-Fund redeemed 1,200,000 units in exchange for Application Baskets consisting of investments valued at a total of HK$27,225,530.


More Definitions of Application Basket

Application Basket means the Basket of A Shares as fixed by the Manager on the relevant Dealing Day for the purpose of the creation and redemption of Units in an Application Unit size
Sample 1
Application Basket means a portfolio of Index Securities (which may only be in kind and/or, to the extent agreed by the Manager at its absolute discretion, in Cash Equivalent) as may be determined by the Manager from time to time, which constitute the Index Basket as determined by the Manager at the start of business on the relevant Dealing Day for the purpose of the creation and redemption of Units in an Application Unit size, notified on the relevant Dealing Day by the Manager in accordance with the Operating Guidelines for the relevant Application.
Sample 1
Application Basket means a portfolio of Index Securities fixed by the Manager at the start of business on the relevant Dealing Day and/or the cash equivalent of the Index Securities where applicable, and/or such other Securities (as defined under the Trust Deed) as may be approved by the Manager, for the purpose of the creation and redemption of Units in an application unit size, notified on the relevant date by the Manager in accordance with the Operating Guidelines for Applications. “CDP” means The Central Depository (Pte) Limited or any successor thereof established by the SGX-ST as a depository company which operates a central depository system for the holding and transfer of book-entry securities. “Dealing Day” means each business day during the continuance of the Sub-Fund, and/or such other day or days as the Manager may from time to time determine with the prior approval of the Trustee. “Excluded Investment Product” means any capital markets product that belongs to a class of capital markets products listed in the Schedule to the Securities and Futures (Capital Markets Products) Regulations 2018, issued by the MAS (as may be amended from time to time). “Index Securities” means securities of those companies which are at the relevant time the constituent companies of the Index, any securities used to track the performance of such securities constituting the Index at the relevant time or such other securities designated by the Manager. “MAS” means the Monetary Authority of Singapore or its successors. “Net Asset Value” means the net asset value of the Sub-Fund or, as the context may require, the net asset value of a Unit of a Sub-Fund calculated pursuant to the Trust Deed. “Participating Dealer” means a broker or dealer who has entered into a Participation Agreement in form and substance acceptable to the Manager and the Trustee. “Participation Agreement” means an agreement entered into between the Trustee, the Manager and a Participating Dealer setting out, amongst other things, the arrangements in respect of the Applications. “Prescribed Capital Markets Product” means any capital markets product that belongs to a class of capital markets products listed in the Schedule to the Securities and Futures (Capital Markets Products) Regulations 2018. “Redemption Value”
Sample 1
Application Basket means, in respect of the iShares MSCI India, a portfolio of Securities determined by the Manager from time to time at the start of business on the relevant Dealing Day for the purpose of the creation and redemption of Units in an Application Unit size, notified on the relevant date by the Manager in accordance with the Operating Guidelines for Applications.
Sample 1

Related to Application Basket

  • Application Unit means such number of Units or whole multiples thereof as specified in this Prospectus or such other whole multiple of Units determined by the Manager, approved by the Trustee and notified to the Participating Dealers.

  • Application Fee means any nonrefundable fee, which is paid by a tenant to a landlord or managing

  • Application Form means any application form to be completed by subscribers for Shares as prescribed by the Company from time to time.

  • Redemption Application means an application by a Participating Dealer for the redemption of Units in Application Unit size (or whole multiples thereof) in accordance with the Operating Guidelines and the Trust Deed.

  • Application Process means the online application process under which the Applicant applies for Hospitality Packages on the Webshop.

  • Fee Application means an application for allowance and payment of a Fee Claim (including Claims for “substantial contribution” pursuant to section 503(b) of the Bankruptcy Code).

  • State correctional facility means a facility or institution maintained and operated by the department.