Distributing Classes definition

Distributing Classes means Class Bd EUR, Class Id EUR, Class Md EUR, Class

Distributing Classes means the US$ Institutional Distributing Class, the US$ Institutional C Distributing Class, the Sterling Institutional Distributing Class, the Sterling Investor Distributing Class, the Sterling Investor Distributing B Class, the Hedged Sterling Institutional Distributing Class, the Sterling Institutional C Distributing Class, the Euro Institutional Distributing Class, the Hedged Euro Institutional Distributing Class and Shares of such other classes as may be designated by the Directors from time to time; “Emerging Market Country” means those countries that are: (i) characterised as developing or emerging by any of the World Bank, the United Nations, the International Finance Corporation, or the European Bank for Reconstruction and Development; (ii) included in an emerging markets index by a recognised index provider; or (iii) countries with similar developing frontier or emerging characteristics as countries classified as emerging market countries pursuant to sub-paragraph(i) and (ii) above, in each case determined at the time of purchase, but excluding any country that falls within the definition of Developed Country above;“ESMA”means the European Securities and Markets Authority;“Exempt Investor”means such persons as defined in the “Taxation” section below;“EU Member State”means a Member State of the European Union;“Euro” or “Eur”means the single currency of participating member states of the European Monetary Union introduced on 1 January 1999;“Fund”means such portfolio or portfolios of assets as the Directors may from time to time establish with the approval of the Depositary and the Central Bank constituting in each case a separate portfolio of assets represented by a separate Series of Shares and invested in accordance with the investment objective and policies applicable to such fund as specified in this Prospectus or in a Relevant Supplement;“Hedged Classes”means the Hedged US$ Institutional Class, the Hedged Euro Institutional Class, the Hedged Euro Institutional Distributing Class, the Hedged Sterling Institutional Class, the Hedged Sterling Institutional Distributing Class and Shares of such other classes as may be designated by the Directors from time to time;“Initial Offer Period”means in relation to a Fund or Class, such period as shall be designated an “Initial Offer Period” in the Prospectus or a Relevant Supplement;“Initial Offer Price”means such price per Share as shall be designated as the initial price per Share in the Prospectus or a R...

Distributing Classes means such Share Classes which the Company declares dividends in respect of and which have “Distributing” in their name;

Examples of Distributing Classes in a sentence

• The Directors may change the frequency with which the Distributing Classes declare and pay dividends and Shareholders will be notified of any changes by way of a note to the annual or semi-annual financial statements of the Company.

• Distributing ClassesFor each of the Distributing Classes it is intended to declare dividends on the Shares of the Distributing Classes of a Fund out of the net income of the Fund including interest and dividends earned by the Fund less expenses of the Fund.

• The Company’s Articles of Association contain the provision that minority rights are to be exercised by shareholders representing at least 5% of the paid-in capital.

• Distributing Classes distribute income semi-annually, unless otherwise indicated by a numerical suffix accompanying the share class letter.

• The Directors expect that all or substantially all of the net investment income of the relevant Funds attributable to the Distributing Classes will be calculated as of the first Dealing Day of each calendar quarter (the “Record Date”) and declared as a dividend to eligible Shareholders on the relevant Fund’s register of Shareholders on the Record Date.

• By correcting for industry effects, we also correct for the fact that average entry rates depend on the industries present in a country.

• Distributing Classes are those which contain the letter “D” in their name (for distribution) just after the relevant type of currency code.

• In such cases, projects should always be reviewed in the light of the regulatory system of the country in which the project promoter plans to invest.

• Investors in Distributing Classes of Actively Managed Sub-Funds should also be aware that the payment of distributions out of capital by the Fund may have different tax implications for them to distributions of income and you are therefore recommended to seek tax advice in this regard.

• Shareholders should be aware that the Directors may declare distributions out of capital in respect of the Distributing Classes of Actively Managed Sub-Funds and that in the event that they do, the capital of such Shares will be eroded, such distributions will be achieved by forgoing the potential for future capital growth and that this cycle may be continued until all capital in respect of the Shares is depleted.

More Definitions of Distributing Classes

Distributing Classes means Class Md Shares in the Fund.

Distributing Classes means Classes for which dividends may be declared as per the dividend policy set out in Section 10.1 of the Prospectus.