Examples of Class A Fund Units in a sentence
Example 1: An Investor makes an investment of RMB 50,000 in the subscription of Class A Fund Units.
Registered dealers may, at their discretion, charge purchasers a front-end sales commission of up to 5% of the subscription amount of a Gross Subscription Order for Class A Fund Units.
Codes shall be respectively set for the Class A Fund Units, Class C Fund Units and Class H Fund Units of CCB Principal Dual Income Bond Fund and Net Assefund investet Value per Unit thereof shall be calculated and announced separately.
Subscriptions for Class A Fund Units will only be accepted through registered dealers.
The amount of the Trailer Fee will be deducted from distributions to the holders of the Class A Fund Units.
In addition, in certain circumstances, registered dealers may be reimbursed for their due diligence costs, and other forms of consideration, and charge purchasers a Dealer Fee of up to 1% of the subscription amount of the Class A Fund Units being purchased.
If at any Distribution Payment Date there are insufficient funds to pay the Trailer Fee from the distribution otherwise payable to the holders of Class A Fund Units, the Manager will redeem a sufficient number of Fund Units from each such holder to pay the Trailer Fee payable by such holder.
The Fund will pay a Trailer Fee to registered dealers in respect of the Class A Fund Units, payable monthly in arrears.
Fund Investors shall, in the business premises for Fund Sales Business of the Sales Agencies, handle the subscription and redemption of Class A Fund Units and Class C Fund Units in the way required by the Sales Agency.
For civic or recreational programs, entertainment and any similar purposes promoting or serving the welfare of the community and sponsored by a responsible citizen or group of citizens.