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;
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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) =======================================...
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Examples of Class N 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 N Shares or in shareholder support services with respect to Class N Shares pursuant to agreements with the Distributor, or to pay any of the expenses associated with other activities authorized under paragraph 2 hereof.

  • 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 N Shares, Class N 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 N throughout the month.

  • The Trust has adopted a Distribution Plan in accordance with Rule 12b-1 under the Act on behalf of Class N Shares of each Fund.

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

  • This Plan does not require the Adviser, FMR, 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 N Shares.

  • 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 N 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 N Shares.

  • 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 N Shares.

  • The Company is authorized to issue, including those shares of Common Stock currently issued and outstanding, up to two hundred million (200,000,000) shares of Common Stock, of which one hundred twenty-five million (125,000,000) are designated Class I Shares, and seventy-five million (75,000,000) are designated Class N Shares.

  • 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 N Shares, but shall exclude assets attributable to any other class of Shares of the Fund.


More Definitions of Class N Shares

Class N Shares is defined in the recitals of this Agreement.
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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;
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Class N Shares means the Class N shares in the capital of the Parent;
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Related to Class N Shares

  • Class A Shares means the Class A ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class A Shares, and having the rights provided for in these Articles.

  • Class C Shares means the shares of Class C common stock of the Company.

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class A Stock means the Company's Class A Common Stock, par value $0.01 per share.

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • Class A Common Shares means the Class A Convertible Voting Common Shares of the Company, par value $1.00 per share.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • H Shares means the overseas-listed foreign invested shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong Dollars;

  • Class B Stock means Class B Stock, par value $1.00 per share, of the Company.

  • Class B Common Stock means the Class B common stock, par value $0.01 per share, of the Company.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Common Shares means the common shares in the capital of the Corporation;

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Preference Shares means the Preference Shares in the capital of the Company of $0.0001 nominal or par value designated as Preference Shares, and having the rights provided for in these Articles.