Front-end Load definition

Front-end Load means the Sales load which may be included in the offering price of the Units; provided however that different levels of Front-end Load may be applied to different investors, as determined by the Management Company. However aggregate of Front-end Load and Back-end Load should not exceed 3% of Net Asset Value.

Front-end Load means the Sales Load which may be included in the Offer Price of the Units, as defined in Offering Document.

Front-end Load means the Sales load which may be included in the offering price of the Units; provided however that different levels of Front-end Load may be applied to different investors, as determined by the Management Company. However aggregate of Front-end Load and Back-end Load should not exceed 3% of Net Asset Value if investor approaches directly for investment and 1.5% of Net Asset value where transactions are done online or through website of AMC.

Examples of Front-end Load in a sentence

• The remuneration of Distributors shall be paid from such Load and if the Front-end Load is insufficient to pay the remuneration of the Distributors, the Management Company shall pay the amount necessary to pay in full such remuneration and no charges shall be made against the Fund Property or the Distribution Account in this respect.

• A Distributor located outside Pakistan may if so authorized by the Management Company and the Trustee retain such portion of the Front-end Load as is authorized by the Management Company and transfer the net amount to the Trustee, subject to the law for the time being in force.

• Any change in Front-end Load shall be done through an addendum to the Offering Document after seeking prior approval of the Commission.

• End Load Shares shall hereinafter be referred to collectively as "Front-End Load Funds." Funds that issue CDSL Shares shall hereinafter be referred to collectively as "CDSL Funds." Front-end Load Funds and CDSL Funds may individually or collectively be referred as "Load Funds." Under this Agreement, the following provisions shall apply with respect to the sale of, and payment for, Load Shares.

• Any change in Front-end Load shall be done through supplemental to the Offering Document after seeking prior approval of the Commission.

More Definitions of Front-end Load

Front-end Load means up to 5% of the Subscription Price which will be deducted from the Subscription Price. Thus a subscription of US$10 will be a net investment to the Fund of US$9.50 (see “Placement of Participating Shares”);

Front-end Load means the sales and processing charges, also described as Sales Load in Clause 35.45, payable to the Management Company, which are included in the Offer Price of Units.

Front-end Load means the Sales load which may be included in the offering price of the Units; provided however that different levels of Front-end Load may be applied to different investors, as determined by the Management Company.

Front-end Load means the charges not exceeding five percent, if any, applicable to certain classes on units that is included in the Offer Price of the Units as per details in the Trust Deed and Offering Document.

Front-end Load means charges which may be included in the Offer Price of the Units, as defined in Offering Document.

Front-end Load means the sales and processing charge or commission (excluding Duties and Charges) not exceeding 5% or such other percentage (as may mutually be agreed upon between the Trustee and the Management Company in writing) of the Net Asset Value which may be included in the Offer Price of the Units; provided however that different levels of Front-end Load may be applied to different investors, as may be mutually agreed between the Trustee and the Management Company.

Front-end Load means the processing charge (excluding Duties and Charges) not exceeding 5% or such other percentage (as determined by the Management Company) of the Net Asset Value which may be included in the Offer Price of the Units; provided however that different levels of Front-end Load may be applied to different investors, as determined by the Management Company.