Class N Shares definition

Class N Shares means Class N Shares in the Company as set forth in the relevant

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Class N Shares means Class N Shares in the Company as set forth in the relevant Supplement relating to each Fund;

Class N Shares means Shares designated as “N” 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;

Examples of Class N Shares in a sentence

• This Amended and Restated Plan has been approved by a vote of the Board and of the Independent Trustees and replaces the Fund's prior Distribution and Service Plan for Class N Shares.

• The record holders of the Class N Shares as maintained in the books and records of the Company or its transfer agent.

• The portion of the NAV allocable to Class N Shares, calculated pursuant to the Valuation Guidelines.

• The Company may offer, from time to time, and the Dealer Manager may distribute, on a “best efforts” basis (the “Follow-on Offering”) additional Class A Shares, Class I Shares, Class N Shares and/or Class T Shares of the Common Stock in a primary offering and/or pursuant to the Company’s distribution reinvestment plan; provided, that Class N Shares may be so offered only pursuant to DRIP following the conversion of Class T Shares.

• The Class A Shares, Class D Shares, Class I Shares, Class N Shares, Class T Shares Class S Shares, Class M-I Shares, Class T2 Shares and Class Z Shares.

• No selling commission is payable in connection with sales of any Class I Shares or Class N Shares sold as Primary Shares or DRIP Shares, as the case may be.

• For transfer agency services provided directly by Janus Services, Class N Shares of the Trust shall compensate Janus Services reasonable out-of-pocket expenses incurred in connection with any services performed directly by Janus Services as transfer agent.

• For the avoidance of doubt and notwithstanding anything herein to the contrary, the Dealer Manager shall not be entitled to any commissions, fees or other compensation with respect to the Class N Shares.

• Holders of Common Shares, Investor Shares, Institutional Shares and Institutional Service Shares of the Selling Funds will receive Class N Shares, Class I Shares, Class S Shares, Class Y Shares or Class YS Shares of the corresponding Acquiring Funds, as set forth on Schedule A attached hereto.

• In no event will the Performance Component exceed 10.0% of the Annual Total Return allocable to Class A Shares, Class D Shares, Class I Shares, Class N Shares or Class T Shares, as applicable, for any calendar year.

More Definitions of Class N Shares

Class N Shares. Net asset value, redemption price (excludes applicable contingent deferred sales charge) and offering price per share (based on net assets of $6,370 and 809 shares of beneficial interest outstanding) $7.87 See accompanying Notes to Financial Statements. STATEMENT OF OPERATIONS For the Year Ended August 31, 2001 ========================================================================================== Investment Income Dividends (net of foreign withholding taxes of $122,908) $1,093,199 Interest 212,565 ------------------ Total income 1,305,764 ========================================================================================== Expenses Management fees 533,022 Distribution and service plan fees: Class A 93,110 Class B 201,697 Class C 71,057 Class N 6 Transfer and shareholder servicing agent fees 275,923 Shareholder reports 83,704 Custodian fees and expenses 58,431 Foreign capital gains taxes (72,391) Other 13,804 ------------------ Total expenses 1,258,363 Less reduction to custodian expenses (2,292) ------------------ Net expenses 1,256,071 ========================================================================================== Net Investment Income 49,693 ========================================================================================== Realized and Unrealized Gain (Loss) Net realized gain (loss) on: Investments (35,741,747) Foreign currency transactions (6,738,533) ------------------ Net realized gain (loss) (42,480,280) Net change in unrealized appreciation (depreciation) on: Investments (2,357,895) Translation of assets and liabilities denominated in foreign currencies 2,246,004 ------------------ Net change (111,891) ------------------ Net realized and unrealized gain (loss) (42,592,171) ========================================================================================== Net Decrease in Net Assets Resulting from Operations $(42,542,478) ================== See accompanying Notes to Financial Statements. STATEMENTS OF CHANGES IN NET ASSETS Year Ended August 31, 2001 2000 ===================================================================================================================== Operations Net investment income (loss) $ 49,693 $ (840,886) Net realized gain (loss) (42,480,280) 10,153,780 Net change in unrealized appreciation (depreciation) (111,891) (11,801,394) ------------------------------------- Net increase (decrease) in net assets resulting from operations (42,542,478) (2,488,500) =======================================...

Class N Shares is defined in the recitals of this Agreement.

Class N Shares means the Class N shares in the capital of the Parent;