Benchmark Fund definition

Benchmark Fund means one or more of the mutual funds or contracts selected by the Committee pursuant to Article V.
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Benchmark Fund means one or more of the mutual funds or contracts selected by the Deferred Compensation Committee pursuant to Section 4.3(a).
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Benchmark Fund means one or more of the mutual funds or contracts selected by the Board pursuant to Section 5.3.1.
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Examples of Benchmark Fund in a sentence

  • If the Fund underperforms the Benchmark Fund between two net asset value dates, any provision previously recognised will be reversed.

  • Investment company with variable capital OMX Baltic Benchmark Fund (hereinafter the Entity).

  • In addition, marital status was extracted from unstructured clinical notes using regular expression-based searches, and individuals were classified as married or not married (single/divorced/widowed) at the time of childbirth.

  • Unlike actively managed collective investment undertakings, OMX Baltic Benchmark Fund, an investment variable capital company, is significantly restructuring its investment portfolio only once a half-year following a change in the composition of the Index.

  • If a Participant fails to specify a different allocation, all amounts credited to his or her Account will be deemed allocated to the applicable Fidelity Freedom K® Fund, or such Benchmark Fund as shall be determined by the Investment Committee from time to time.

  • Unlike actively managed funds, investment company with variable capital OMX Baltic Benchmark Fund reorganises its investment portfolio only once every six months.

  • The Investment Committee will establish the number of Benchmark Funds to be available for Participants’ Accounts and may add additional Benchmark Funds, eliminate any Benchmark Fund, or designate another investment vehicle to be used as the measuring device for any Benchmark Fund.

  • The Investment Committee may limit the allocation of amounts to any Benchmark Fund to selected Participants.

  • The term “Participating Jurisdiction” means a jurisdiction which has an agreement in place to exchange information in accordance with the OECD Common Reporting Standard.INFORMATIONPRUDENTIAL UNIT TRUSTS COLLECTIVE INVESTMENT SCHEME SUMMARY SHEET Risk Spectrum Fund name Category/ Sector Risk profile Benchmark Fund objectiveFees (All fees excl.

  • The Administration Committee shall cause the balance in a Participant’s’ Deferred Cash Account to be adjusted up or down, at such intervals as it may from time to time determine, to reflect the investment performance of the Benchmark Fund or funds which the Participant elected that the balance credited to his or her Deferred Cash Account track; provided, that no Deferred Cash Account may at any time have a balance less than zero.


More Definitions of Benchmark Fund

Benchmark Fund means any of the investment vehicles used as hypothetical measuring devices to determine the returns to be credited on amounts allocated to Participants' Accounts as described in Section 3.1.
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Related to Benchmark Fund

  • Benchmark Gilt means, in respect of a Reset Period, such United Kingdom government security having a maturity date on or about the last day of such Reset Period as the Calculation Agent, with the advice of the Reference Banks, may determine to be appropriate;

  • Benchmark means, initially, the Term SOFR Reference Rate; provided that if a Benchmark Transition Event has occurred with respect to the Term SOFR Reference Rate or the then-current Benchmark, then “Benchmark” means the applicable Benchmark Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate pursuant to Section 2.12(d)(iii)(A).

  • Benchmark Rate means, with respect to any Redemption Date, the rate per annum equal to the annual equivalent yield to maturity or interpolated maturity of the Comparable Benchmark Issue (as defined below), assuming a price for the Comparable Benchmark Issue (expressed as a percentage of its principal amount) equal to the Comparable Benchmark Price for such Redemption Date.

  • Benchmark Administrator means, initially, the SOFR Administrator, or any successor administrator of the then-current Benchmark or any insolvency or resolution official with authority over such administrator.

  • Benchmark Price shall have the meaning ascribed to the term in Section 1.1 of the relevant Trust Agreement.

  • Benchmark Event means, with respect to an Original Reference Rate:

  • Term Benchmark when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted Term SOFR Rate.

  • Administrator/Benchmark Event means, in relation to any Benchmark, the occurrence of a Benchmark Modification or Cessation Event, a Non-Approval Event, a Rejection Event or a Suspension/Withdrawal Event all as determined by the Issuer.

  • Benchmarks mean the performance milestones that are set forth in Appendix D.

  • Settlement Fund means the Settlement Amount plus any and all interest earned thereon.

  • Administrator/Benchmark Event Date means, in respect of an Administrator/Benchmark Event, the date on which the authorisation, registration, recognition, endorsement, equivalence decision, approval or inclusion in any official register is (i) required under any applicable law or regulation; or

  • Program fund means the program fund created under Section 53B-8a-107,

  • Administrator/Benchmark Event means, in respect of any Series of Preference Shares and an Index, any authorisation, registration, recognition, endorsement, equivalence decision, approval or inclusion in any official register in respect of the Index or the administrator of the Index or the Index Sponsor has not been, or will not be, obtained or has been, or will be, rejected, refused, suspended or withdrawn by the relevant competent authority or other relevant official body, in each case as required under any applicable law or regulation in order for the Company, the Calculation Agent or any other entity to performits or their respective obligations in respect of the Preference Shares or any Related Financial Product, all as determined by the Calculation Agent;

  • Successor Benchmark Rate means a successor to or replacement of the Original Benchmark Rate which is formally recommended by any Relevant Nominating Body.

  • Mutual Funds means (i) all open-end mutual funds; and (ii) similar pooled investment vehicles established in non-U.S. jurisdictions, such as registered investment trusts in Japan. For purposes of the Code, Mutual Fund does not include shares of open-end money market mutual funds (unless otherwise advised by Compliance).

  • Settlement Funds means moneys allocated to this state from the environmental mitigation trust specified in par. (d) and received by the state from the trustee.

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • Original Benchmark Rate on any day means (subject to § 3(4)) the [1 / 3 / 6 / 12]-month Euro Interbank Offered Rate (expressed as a percentage rate per annum) fixed at, and appearing on the Screen Page as of, 11:00 a.m. (Brussels time) on such day.

  • Relevant Benchmark means the Index, the Reference Interest Rate and any other index, benchmark or price source by reference to which principal or other amounts payable under the Securities is calculated.

  • Net Settlement Fund means the Settlement Fund, plus accrued interest, less any award of attorneys’ fees or reimbursement of expenses and less applicable taxes, tax preparation expenses, and costs of notice and administration, that may be awarded or approved by the Court.

  • Stock Fund means that portion of the Trust Fund consisting of Stock.

  • Program Funds means all funds that are required to be deposited into the Non-profit School Food Service Account.

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • BlackRock Funds and “Trustees of BlackRock Funds” refer respectively to the trust created and the Trustees, as trustees but not individually or personally, acting from time to time under a Declaration of Trust dated December 22, 1988, as amended, which is hereby referred to and a copy of which is on file at the office of the State Secretary of the Commonwealth of Massachusetts and at the principal office of the Fund. The obligations of “BlackRock Funds” entered into in the name or on behalf thereof by any of the Trustees, officers, representatives or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, shareholders, officers, representatives or agents of the Fund personally, but bind only the Trust Property (as defined in the Declaration of Trust), and all persons dealing with any class of shares of the Fund must look solely to the Trust Property belonging to such class for the enforcement of any claims against the Fund.

  • Endowment fund means an institutional fund or part thereof that, under the terms of a gift instrument, is not wholly expendable by the institution on a current basis. The term does not include assets that an institution designates as an endowment fund for its own use.

  • Alternative Benchmark Rate means an alternative benchmark or screen rate which is customarily applied in international debt capital markets transactions for the purposes of determining floating rates of interest (or the relevant component part thereof) in the Specified Currency, provided that all determinations will be made by the Independent Adviser in its reasonable discretion.