Dealing costs definition

Dealing costs means any fiscal charges, commission or other charges payable in the event of the fund carrying out of the transaction in question, assuming that the commission and charges (other than fiscal charges) which would be payable by the fund are the least that could reasonably be expected to be paid in order to carry out the transaction. On the issue basis, dealing costs exclude any preliminary charge on sale of units in a fund.
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Dealing costs means any fiscal charges, commission or other charges payable in the event of the authorised Unit trust carrying out the transaction in question, assuming that the commission and charges (other than fiscal charges) which would be payable by the authorised Unit trust are the least that could reasonably be expected to be paid in order to carry out the transaction. On the issue basis, dealing costs exclude any preliminary charge on sale of Units in an authorised Unit trust.
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Dealing costs means any fiscal charges, commission or other charges payable in the event of the Fund carrying out the transaction in question, assuming that the commission and charges (other than fiscal charges) which would be payable by the Fund are the least that could reasonably be expected to be paid in order to carry out the transaction. On the issue basis, Dealing Costs excludes any initial charge on the sale of units in the Fund. On the cancellation basis, Dealing Costs includes any charge payable on redemption of units (taking account of any expected reduction), except where the Manager of the Fund is also the authorised fund manager, or an associate of the authorised fund manager, of the fund whose units or shares form part of that property.
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Examples of Dealing costs in a sentence

  • Dealing costs referred to in Guidance 1 include both the costs of dealing in an Investment, professional fees incurred, or expected to be incurred, in relation to the acquisition or disposal of Real Property and, where there is a spread between the buying and selling prices of the Investment, the indirect cost resulting from the differences between those prices.

  • Dealing costs are incurred relating to transactions carried out on the assets of the Fund as a result of the movements (subscriptions/redemptions) of the Fund's liabilities.

  • Dealing costs are incurred by investors who take out or purchase their shares, relating to transactions carried out on the assets of the Fund as a result of the movements (subscriptions/redemptions) of the Fund's liabilities.

  • Dealing Costs Dealing costs are created when investors deal into and out of the Fund.

  • Dealing Costs Dealing costs are created when investors deal into and out of the Company.

  • Dealing costs (e.g. broker commissions and buy/sell spreads) will be considered significant if they impact the Net Asset Value by maximum 10bps.

  • Dealing costs under Note 2 include any dilution levy or SDRT provision which would be added in the event of a purchase by the fund of the units in question but, if the Manager of the fund being valued, or an associate of the Manager, is also the Manager of the fund whose units are held by the fund, must not include a preliminary charge which would be payable in the event of a purchase by the fund of those units.

  • Dealing costs (stamp duty, broker commissions and buy/sell spreads) will be considered significant if they amount to Euro 300,000 or more.

  • Index fees shall cover Index Service Provider fees and any related publishing expenses.- Listing and Registration Fees: 0.08% (eight basis points) of net asset value per annum payable for trading and the annual rate of the fund's expenses does not exceed 1% (100 basis points of net asset value).- Dealing costs: The Fund issues and recovers unit bundle only in exchange for an exchange.

  • Dealing costs under Further Note 2, include any dilution levy or SDRT provision which would be deducted in the event of a sale by the fund of the units in question and, except when the Manager of the fund being valued, or an associate of the Manager, is also the Manager of the fund whose units are held by the fund, include any charge payable on the redemption of those units (taking account of any expected discount).


More Definitions of Dealing costs

Dealing costs means any fiscal charges, commission or other charges payable in the event of the Scheme carrying out the transaction in question (but excluding any preliminary charge payable by the Scheme on the purchase of units or shares), assuming that the commission and charges (other than fiscal charges) which would be payable by the Scheme are the least that could reasonably be expected to be paid in order to carry out the transaction.
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Dealing costs means the notional costs and charges incurred in buying (in the case of the Offer Spread Factor) or selling (in the case of the Bid Spread Factor) the Scheme Property, such as fiscal charges including stamp duty land tax, commission, dilution levy, SDRT provision or other charges payable in the event of the Company carrying out the transaction in question; ‘Dealing Day’ a day which is a Dealing Day for Subscription and/or a Dealing Day for Redemption in any particular Class of Shares; ‘Dealing Day for Redemption’ the first Business Day of each Quarter or such other day or days as set out in section 1‘Investment obįective, policy and other details of the Company’ for each Class; ‘Dealing Day for Subscription’ the first Business Day in each month or such other day or days as set out in section 1‘Investment obįective, policy and other details of the Company’ for each Class; ‘Depositary’ NatWest Trustee and Depositary Services Limited or such other entity as is appointed to act as depositary; ‘Director’ or‘Directors’ the directors of the Company from time to time (including the ACD); ‘EEA State’ a member state of the European Union and any other state which is within the European Economic Area; ‘Efficient Portfolio Management’ or ‘EPM’ efficient portfolio management, hedging and investment techniques where derivatives are used for one or more of the following purposes: reduction of risk, reduction of cost or generation of additional capital or income with an acceptably low level of risk, as more fully described in the FCA Handbook; ‘Eligible Institution’ one of certain eligible institutions as defined in the glossary of definitions to the FCA Handbook; ‘Eligible Investor’ an investor who is eligible to invest in the Company (which is a QIS) as set out in the Conduct of Business Sourcebook, Chapter 4.12; ‘ERISA’ the United States Employee Retirement Income Security Act of 1974, as amended; ‘ERISA Plan Assets’ ‘plan assets’ for the purposes of the Plan Asset Regulations; ‘Feeder Fund’ the Schroders Capital UK Real Estate Fund Feeder Trust; ‘FCA’ the Financial Conduct Authority or any other regulatory body which may assume its regulatory responsibilities from time to time; ‘FCA Handbook’ the FCA Handbook of Rules and Guidance, as amended or replaced from time to time; ‘FUND’ the Investment Funds sourcebook which forms part of the FCA Handbook; ‘Gross Asset Value’ the value of the gross assets of the Company determined in accordance with the valuation rules set ou...
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Dealing costs shall have the meaning set out in Clause 9.1(b);
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Related to Dealing costs

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.