Designated Mutual Fund definition

Designated Mutual Fund means a class of mutual fund shares of Ninepoint Corporate Class Inc., or other mutual fund corporation that is compliant with NI 81-102, managed and advised by the Manager or an affiliate of the Manager, designated by the Manager to receive the assets of the Partnership pursuant to the Mutual Fund Rollover Transaction, which is expected to be Ninepoint Resource Class.
Sample 1Sample 2Sample 3
Designated Mutual Fund means Canoe Energy Class or another class of shares of the Designated Fund Corp. that is compliant with NI 81-102 and is managed by the Investment Fund Manager or an Affiliate of the Investment Fund Manager.
Sample 1Sample 2Sample 3
Designated Mutual Fund means a mutual fund that is established and maintained in accordance with the requirements of Investment Company Act of 1940, that offers shares for purchase by the general public, and that is designated by the Committee, in accordance with Section 5.01A(a), to be available to Participants for investment under the terms of the Mutual Fund Window Program, as in effect from time to time. A Designated Mutual Fund shall not be deemed an Investment Fund for purposes of Section 5.01.1.17B “Disability Insurance Policy” means the insurance policy underwritten by the Disability Insurer under which premiums are paid through investments made in accordance with the Disability Protection Program and benefits are payable in accordance with the Disability Protection Program. 1.17C “Disability Insurer” means the insurance company selected by the Plan Administrator that underwrites the Disability Insurance Policy.1.17D “Disability Protection Program” means the program provided in Article 5A, effective as of January 1, 2005, under which a Participant who satisfies specified eligibility requirements is permitted to elect to invest a portion of his Account in the payment of premiums under the Disability Insurance Policy and pursuant to which benefit payments made from the Disability Insurance Policy and in accordance with the Certificate of Disability Insurance are allocated to the Accounts of Participants who suffer a Total and Permanent Disability while enrolled thereunder.1.17E “Domestic Partner” means a person who is named as the Participant’s domestic partner on a form that is acceptable to the Plan Administrator, and who is unable to legally marry the Participant under applicable state law. For purposes of Section 10.09, Domestic Partner means a person who is the legal spouse of the Participant under applicable state law.
Sample 1

Examples of Designated Mutual Fund in a sentence

  • The Performance Bonus Allocation will be paid in cash before the transfer of the assets of the Partnership to the Designated Mutual Fund pursuant to the Mutual Fund Rollover Transaction or if the assets of the Partnership are not transferred to the Designated Mutual Fund, before the dissolution of the Partnership.

  • If the Mutual Fund Rollover Transaction is implemented, then pursuant to the Transfer Agreement, the assets of the Partnership should be transferred to the Designated Mutual Fund, in exchange for Mutual Fund Shares on a tax-deferred basis, provided appropriate elections are made.

  • If the performance of the Designated Mutual Fund in any year is less than the performance of the blended benchmark index, then no incentive fee will be payable to the Manager in any subsequent year until the performance of the Designated Mutual Fund, on a cumulative basis calculated from the first of such subsequent years, has exceeded the amount of such deficiency.

  • INCENTIVE FEES The Manager is entitled to an incentive fee, subject to applicable taxes including HST, equal to a percentage of the daily net asset value of the Designated Mutual Fund.

  • If the Partnership’s assets are not transferred to the Designated Mutual Fund, the Performance Bonus Allocation will be paid to the General Partner in cash.

  • The Performance Bonus Allocation will be paid in Mutual Fund Shares (as defined in theProspectus) in the event of the transfer of the assets of the Partnership to the Designated Mutual Fund (as defined in the Prospectus) pursuant to the Mutual Fund Rollover Transaction (as defined in the Prospectus) unless payment in Mutual Fund Shares is not permitted by applicable law.

  • The fact that the Mutual Fund Window Program is available to Participants under the Plan shall not be construed as a recommendation for investment under the Mutual Fund Window Program by any Participant; and the fact that any mutual fund is determined to be a Designated Mutual Fund shall not be construed as a recommendation for investment in such mutual fund by any Participant.

  • The Performance Bonus Allocation will be paid in Mutual Fund Shares (as defined in the Prospectus) in the event of the transfer of the assets of the Partnership to the Designated Mutual Fund (as defined in the Prospectus) pursuant to the Mutual Fund Rollover Transaction (as defined in the Prospectus) unless payment in Mutual Fund Shares is not permitted by applicable law.


More Definitions of Designated Mutual Fund

Designated Mutual Fund means a class of mutual fund shares of Ninepoint Corporate Fund Inc., or other mutual fund corporation that is compliant with NI 81-102, managed and advised by the Manager or an affiliate of the Manager, designated
Sample 1

Related to Designated Mutual Fund

  • Mutual Fund or “Fund” or “UTIMF” means UTI Mutual Fund, a Trust under the Indian Trust Act, 1882 registered with SEBI under registration number MF/048/03/01 dated January 14, 2003.

  • Money market mutual fund means an open-end managed investment fund:

  • Mutual Funds means (i) all open-end mutual funds; and (ii) similar pooled investment vehicles established in non-U.S. jurisdictions, such as registered investment trusts in Japan. For purposes of the Code, Mutual Fund does not include shares of open-end money market mutual funds (unless otherwise advised by Compliance).

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • Proprietary or Sub-advised Mutual Fund means any open-end Mutual Fund for which MSIM acts as investment adviser or sub-adviser.

  • Local fund means any of the local retirement funds for

  • Benefit Plan Investor means an “employee benefit plan” as defined in Section 3(3) of ERISA that is subject to Title I of ERISA, a “plan” as defined in and subject to Section 4975 of the Code or an entity whose underlying assets include plan assets of any of the foregoing.

  • Program fund means the program fund created under Section 53B-8a-107,

  • Registered Investment Company means any one or more corporations, partnerships or trusts registered under the Investment Company Act of 1940 for which Fidelity Management and Research Company serves as investment advisor.

  • Investment Company Client means any Investment Company (or series thereof ) as to which the Firm is an investment adviser or investment sub-adviser.

  • Investment Entity means any Entity that conducts as a business (or is managed by an entity that conducts as a business) one or more of the following activities or operations for or on behalf of a customer: (1) trading in money market instruments (cheques, bills, certificates of deposit, derivatives, etc.); foreign exchange; exchange, interest rate and index instruments; transferable securities; or commodity futures trading; (2) individual and collective portfolio management; or (3) otherwise investing, administering, or managing funds or money on behalf of other persons. This subparagraph 1(j) shall be interpreted in a manner consistent with similar language set forth in the definition of “financial institution” in the Financial Action Task Force Recommendations.

  • Affiliated Money Market Fund any existing or future Trust that holds itself out as a money market fund and complies with Rule 2a-7 under the Investment Company Act of 1940, as amended;

  • Special Fund means any fund other than the city general fund.

  • Investment Person means all Portfolio Managers of Loomis Sayles and other Advisory Persons who assist the Portfolio Managers in making and implementing investment decisions for an Investment Company or other client of Loomis Sayles, including, but not limited to, designated Research Analysts and traders of Loomis Sayles. A person is considered an Investment Person only as to those client accounts or types of client accounts as to which he or she is designated by Personal Trading Compliance or the Chief Compliance Officer as such. As to other accounts, he or she is simply an Access Person.

  • Investment Client means (i) any investment company registered as such under the Investment Company Act, any series thereof, or any component of such series for which the Adviser acts as investment adviser; or (ii) any private account for which the Adviser acts as investment adviser.

  • Public fund means the state treasurer or a retirement system.

  • Investment Account As defined in Section 3.12(a).

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • investment dealer means a person or company registered in the category of investment dealer;

  • Principal Funds With respect to the Mortgage Loans and any Distribution Date, the sum, without duplication, of (1) the scheduled principal due during the related Due Period and received before the related Servicer Remittance Date or advanced on or before the related Servicer Remittance Date, (2) prepayments in full collected in the related Prepayment Period, (3) the Stated Principal Balance of each Mortgage Loan that was purchased by the Depositor during the related Prepayment Period or, in the case of a purchase pursuant to Section 9.01, on the Business Day prior to such Distribution Date, (4) the amount, if any, by which the aggregate unpaid principal balance of any Replacement Mortgage Loan is less than the aggregate unpaid principal of the related Deleted Mortgage Loans delivered by the Sponsor in connection with a substitution of a Mortgage Loan pursuant to Section 2.03(c), (5) all Liquidation Proceeds collected during the related Prepayment Period (to the extent such Liquidation Proceeds relate to principal and represent payment in full), (6) all Subsequent Recoveries received during the related Due Period and (7) all other collections and recoveries in respect of principal during the related Due Period, less (A) all Non-Recoverable Advances relating to principal with respect to the Mortgage Loans and (B) other amounts reimbursable (including without limitation indemnity payments) to the Servicer and the Trustee pursuant to this Agreement allocable to principal.

  • Fund Affiliate shall include any person or entity that would be defined as an affiliated person under the 1940 Act.

  • Regulated investment company has the meaning set forth in Section 851 of the Code.

  • fully managed account means an account of a client for which a person makes the investment decisions if that person has full discretion to trade in securities for the account without requiring the client’s express consent to a transaction;

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • Investment Advisor means any person or entity who is an Authorized Person to give Instructions with respect to the investment and reinvestment of the Fund's Investments.

  • Member Account means the regular account and the variable account.