Discretionary Fund Manager definition

Discretionary Fund Manager means a business or individual authorised and regulated by the Financial Conduct Authority and who has entered into an agreement with us to enable them to provide Model Portfolios on the Platform;
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Discretionary Fund Manager means an entity, regulated by the Financial Conduct Authority to provide discretionary investment management, which We appoint (on Your selection) to manage the Assets on a discretionary basis. For further information refer to Part 2, Condition 2.8.4.
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Discretionary Fund Manager means a fund manager which manages investment accounts on a discretionary basis;
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Examples of Discretionary Fund Manager in a sentence

  • Review and confirmation of ongoing suitability of Platform or Discretionary Fund Manager (DFM).

  • Investment advice is also available, either from us, or using the services of a Discretionary Fund Manager.

  • We may, where appropriate, recommend that some, or all, of your investments are managed by a Discretionary Fund Manager (DFM), a professional investment manager appointed to monitor your portfolio and make investment decisions on your behalf.

  • Discretionary Fund Manager means a discretionary fund manager authorised by the FCA and any successors to them nominated or appointed by the financial adviser to manage the financial adviser’s client portfolios online using model portfolios.

  • All investment decisions should be made after taking advice from your Financial Adviser, Discretionary Fund Manager or, where relevant in respect of Legacy Customers only, your Discretionary InvestmentManager.

  • We acknowledge that Wealthtime has not provided us with any advice under the terms of the Financial Services and Markets Act 2000, in respect of any aspect of our Wealthtime Platform, Wealthtime Products, or investments or the appointment of any Discretionary Investment Manager, Discretionary Fund Manager or Stockbroker and has no responsibility for doing so.

  • As part of our service we may refer you to a Discretionary Fund Manager (DFM) to manage your investments.

  • When your Financial Adviser or Discretionary Fund Manager has placed an instruction on your behalf we accept no responsibility for any errors or omissions.

  • For example: ▪ Service costs: If your investments are held on a platform (an online investment administration service) or held with a Discretionary Fund Manager (DFM) or Discretionary Investment Manager (DIM), the platform provider / DFM or DIM will make a charge for administering / managing your investments.

  • You may select a Model Portfolio that is managed by a Discretionary Fund Manager.


More Definitions of Discretionary Fund Manager

Discretionary Fund Manager means a fund manager who under a contract relating to fund management, exercises or may exercise, any degree of discretion as to the investment of funds or management of the portfolio of securities of the client, as the case may be;
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Related to Discretionary Fund Manager

  • Independent Fund Trustee means a trustee of the Trust who is not an “interested person” as that term is defined in Section 2(a)(19) of the 1940 Act.

  • Permitted Fund Manager means any Person that on the date of determination is (i) one of the entities on Exhibit C attached hereto and made a part hereof or any other nationally-recognized manager of investment funds investing in debt or equity interests relating to commercial real estate, (ii) investing through a fund with committed capital of at least $250,000,000 and (iii) not subject to a proceeding relating to the bankruptcy, insolvency, reorganization or relief of debtors.

  • Fund Manager means the manager appointed for the day-to-day management and administration of the scheme.

  • Discretionary Account means a Personal Account in which you have completely turned over decision-making authority to a professional money manager (who is not a Family Member or not otherwise covered by this Code) and you have no direct or indirect influence or control over the account. (Such Discretionary Accounts are often referred to as “professionally managed,” “controlled” or “managed” accounts.)

  • discretionary use means the use of land or a building provided for in this Bylaw for which a development permit may be issued upon an application having been made;

  • Discretionary Contribution means the contribution made by the Employer on behalf of a Participant as described in Section 4.4(b).

  • Plan Manager means Investec Bank plc which is authorised by the PRA and regulated by the FCA and the PRA and bound by its rules.

  • Discretionary Assets means (i) securities that, if distributed, would be required to be registered under the Securities Act of 1933, as amended; (ii) securities issued by entities in countries that (A) restrict or prohibit the holding of securities by non-nationals other than through qualified investment vehicles, or (B) permit transfers of ownership of securities to be effected only by transactions conducted on a local stock exchange; and (iii) any assets that, although they may be liquid and marketable, must be traded through the marketplace or with the counterparty to the transaction in order to effect a change in beneficial ownership."

  • Plan Fiduciary As defined in Section 5.3(o).

  • Independent Fund Director means an independent director of an investment company advised by Invesco.

  • Investment Committee means the committee in charge of investment aspects of the Plan, as described in Article VII.

  • Discretionary Sale The meaning specified in Section 2.14(c).

  • Management Committee means in the case of a Competition which is an unincorporated association, the management committee elected to manage the running of the Competition and where the Competition is incorporated it means the Board of Directors appointed in accordance with the articles of association of that company.

  • Retirement Committee means a committee consisting of the Company’s Vice President of Human Resources, the Director of HR Operations and the Compensation & Benefits Manager.

  • Administrative Committee means the committee in charge of Plan administration, as described in Article VII.

  • Named Fiduciary means the Fiduciary or Fiduciaries named herein or in the Adoption Agreement who jointly or severally have the authority to control and manage the operation and administration of the Plan.

  • Designated Employer Representative (DER) means a designated school district representative authorized to take immediate action to remove employees from safety-sensitive duties, to make required decisions in the testing and evaluation process, and to receive test results and other communications for the school district.

  • Pooled fund group means an internally created fund of a district in which one or more institutional accounts of a district are in- vested.

  • Buydown Fund Account A separate account or accounts created and maintained pursuant to Section 3.02 (a) with the corporate trust department of the Trustee or another financial institution approved by the Master Servicer, (b) within FDIC insured accounts (or other accounts with comparable insurance coverage acceptable to the Rating Agencies) created, maintained and monitored by a Servicer or (c) in a separate non-trust account without FDIC or other insurance in an Eligible Institution. Such account or accounts may be non-interest bearing or may bear interest. In the event that a Buydown Fund Account is established pursuant to clause (b) of the preceding sentence, amounts held in such Buydown Fund Account shall not exceed the level of deposit insurance coverage on such account; accordingly, more than one Buydown Fund Account may be established.

  • Fund Management means the persons responsible for the portfolio and/or risk management of the Fund.

  • Portfolio Administrator means any entity and any successor or replacement thereto, as specified in the Final Terms for each Series of ETP Securities, appointed as Portfolio Administrator in accordance with the terms of the relevant Portfolio Administration Agreement.

  • Deferred member means a person who elected to receive deferred vested retirement

  • Debt Fund Affiliate means any Affiliate of Holdings (other than Holdings, the Borrower or any Subsidiary of the Borrower) that is primarily engaged in, or advises funds or other investment vehicles that are engaged in, making, purchasing, holding or otherwise investing in commercial loans, bonds and similar extensions of credit or securities in the ordinary course and with respect to which any Sponsor does not, directly or indirectly, possess the power to direct or cause the direction of the investment policies of such Affiliate.

  • Participating Employer means any trade or business (whether or not incorporated) which adopts this Plan with the consent of the Company identified in the Adoption Agreement.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Participating Account a separate account investing all or a portion of its assets in the Trust, including the Account.