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 means the Class N shares in the capital of the Parent;
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Examples of Class N Shares in a sentence

  • 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.

  • Class N: Shares of the class N are intended for private and institutional investors.

  • The applicable rate shall be applied to the average daily net assets attributable to Class N Shares of the Fund.

  • The Trust also is authorized to engage in Distribution Activities related to the distribution of Class N Shares of the Funds, either directly or indirectly through persons with whom the Trust has entered into agreements related to this Plan, including, without limitation, the Distributor.

  • Class N: Shares of the class N are intended for private and institutional investors and are issued as capitalization shares.

  • Class N Shares pay a service fee at the annual rate of 0.25% of the net assets of the Class and a distribution fee at the annual rate of 0.75% of the average daily net assets of the Class.

  • Class N Shares may be offered through certain Service Organizations that may impose additional or different conditions on the purchase or redemption of Fund shares and may charge transaction or account fees, which charges or fees may not be imposed if the Class N Shares are purchased directly from the Fund or the Distributor.

  • In order to facilitate and/or enhance the Fund’s and/or the Trust’s Distribution Activities related to the Fund’s Class N Shares, each Fund may pay fees (or otherwise incur expenses) (subject to the limitations set forth in Section 2 hereof) for Shareholder Services.

  • Class A, Class C and Class N Shares of a Fund, if applicable, represent an interest in the same portfolio of securities of the Trust and have no exchange privileges or conversion features.

  • 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.


More Definitions of Class N Shares

Class N Shares is defined in the recitals of this Agreement.
Sample 1
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) =======================================...
Sample 1
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;
Sample 1

Related to Class N Shares

  • Class A Shares means Class A ordinary shares, par value US$0.0001 per share, in the share capital of the Company.

  • Class C Shares means shares of the Class C Common Stock.

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

  • Class I Shares means Class I Shares in the Company as set forth in the relevant

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

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

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

  • 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 class A common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class A common shares may be converted.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • 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.

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Class B Preferred Shares means class B preferred shares of Pembina;

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • ASA Shares has the meaning set forth in 2.4(a).

  • 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 LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Class V Common Stock means the Class V common stock, par value $0.0001 per share, of the Corporation.

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.

  • 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 $0.0001 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;