Class M Shares definition

Class M Shares means any Share Class with the letter “M” in its name;

Class M Shares means the EUR Class M Shares, GBP Class M Shares, USD Class M Shares and CHF Class M Shares.

Class M Shares. Net asset value and redemption price per share (based on net assets of $144,611,804 and 11,336,740 shares of beneficial interest outstanding) $12.76 Maximum offering price per share (net asset value plus sales charge of 3.25% of offering price) $13.19 -------------------------------------------------------------------------------------------------------- Class N Shares: Net asset value, redemption price (excludes applicable contingent deferred sales charge) and offering price per share (based on net assets of $36,453 $12.76 and 2,857 shares of beneficial interest outstanding) See accompanying Notes to Financial Statements.

Examples of Class M Shares in a sentence

• The Distributor may use all or any portion of the distribution fee received pursuant to the Plan to compensate Investment Professionals who have engaged in the sale of Class M Shares or in shareholder support services with respect to Class M Shares pursuant to agreements with the Distributor, or to pay any of the expenses associated with other activities authorized under paragraph 2 hereof.

• The determination of daily net assets shall be made at the close of business each day throughout the month and computed in the manner specified in the Fund’s then current Prospectus for the determination of the net asset value of Class M Shares, but shall exclude assets attributable to any other class of Shares of the Fund.

• The determination of daily net assets shall be made at the close of business each day throughout the month and computed in the manner specified in the Fund’s then current Prospectus for the determination of the net asset value of the Fund’s Class M Shares.

• In consideration for the services provided and the expenses incurred by the Distributor pursuant to the General Distribution Agreement and paragraph 2 hereof, all with respect to Class M Shares, Class M shall pay to the Distributor a fee at the annual rate of 0.50% (or such lesser amount as the Trustees may, from time to time, determine) of the average daily net assets of Class M throughout the month.

• This Plan does not require the Adviser or Distributor to perform any specific type or level of distribution activities or to incur any specific level of expenses for activities primarily intended to result in the sale of Class M Shares.

• It is recognized that the Adviser may use its management fee revenue, as well as its past profits or its resources from any other source, to make payment to the Distributor with respect to any expenses incurred in connection with the distribution of Class M Shares, including the activities referred to in paragraph 2 hereof.

• To the extent that the payment of management fees by the Fund to the Adviser should be deemed to be indirect financing of any activity primarily intended to result in the sale of Class M Shares within the meaning of Rule 12b-1, then such payment shall be deemed to be authorized by this Plan.

• It is recognized that the Adviser may use its revenues, including management fees paid by the Fund and/or Class M (if any), as well as its past profits or its resources from any other source, to make payment to the Distributor with respect to any expenses incurred in connection with the distribution of Class M Shares, including the activities referred to in paragraph 2 hereof.

• To the extent that any payment made by the Fund and/or Class M to the Adviser, including the payment of management fees (if any), should be deemed to be indirect financing of any activity primarily intended to result in the sale of Class M Shares within the meaning of Rule 12b-1, then such payment shall be deemed to be authorized by this Plan.

• This Plan does not require the Adviser or the Distributor to perform any specific type or level of distribution activities or to incur any specific level of expenses for activities primarily intended to result in the sale of Class M Shares.

More Definitions of Class M Shares

Class M Shares means Shares designated as “M” ordinary shares, the rights of which are set out in Annexure “A”, and the holders of which shall have their details reflected in the Securities Register;

Class M Shares means Shares of any Class M Share Class;

Class M Shares means the Class M EUR Accumulation Shares and the Class M USD Accumulation Shares.

Class M Shares means the Class M EUR, Class M JPY, Class M CHF, Class M GBP

Class M Shares means the Class M ordinary shares of the Company issuable on the terms set forth in the Articles Amendment.

Class M Shares means, subject to the discretion of the Directors and to meeting the applicable