Fund Family definition
Fund Family means all Funds in the Trust with the same investment adviser.
Fund Family refers to all Funds in the Trust with the same investment adviser. ● [REDACTED] basis point (%) per annum of each Fund’s net assets over $100 million. Basis point fees are expressed as annual percentage rates, but shall accrue quarterly, with net asset values determined as of the last day of the preceding quarter. Notwithstanding the foregoing, all Funds identified with an “*” on Schedule D to the Agreement shall be “Grandfathered Funds” and shall be subject to the fees described in the applicable fee schedule attached hereto, plus itemized fees as follows. On each anniversary date of the Agreement, NLCS will increase the base fees listed in Section 1 above or in the applicable fee schedules attached hereto by an amount not to exceed the average annual change for the prior calendar year in the Consumer Price Index for All Urban Consumers - All Items (seasonally adjusted)1 plus 1.5%.
Fund Family refers to all Funds in the Trust with the same investment adviser. ● ½ basis points (0.005%) per annum of each Fund’s net assets over $ __ million up to $1.5 billion; and ● ¼ basis points (0.0025%) per annum of each Fund’s net assets over $ __ billion up to $3 billion; and ● ⅛ basis points (0.00125%) per annum of each Fund’s net assets over $ __ billion. Basis point fees are expressed as annual percentage rates, but shall accrue quarterly, with net asset values determined as of the last day of the preceding quarter. On each anniversary date of the Agreement, NLCS will increase the base fees listed in Section 1 above by an amount not to exceed the average annual change for the prior calendar year in the Consumer Price Index for All Urban Consumers - All Items (seasonally adjusted)1 plus 1.5%. Notwithstanding the foregoing, all Funds identified with an “*” on Schedule C to the Agreement shall be “Grandfathered Funds” and shall be subject to the fees described in the applicable fee schedule attached hereto, plus itemized fees as follows. For the avoidance of doubt, Grandfathered Funds shall not be subject to the annual Consumer Price Index adjustment.
Examples of Fund Family in a sentence
Annual fee of $22,000 for the first Fund in each Fund Family, $5,500 for each additional Fund in the same Fund Family, and $7,500 for each sub-adviser.
More Definitions of Fund Family
Fund Family refers to all Funds in the Trust with the same investment adviser. Notwithstanding the foregoing, all funds launched in the Trust on or before March 1, 2022 (which Funds are identified with an “*” on schedule A to the Agreement), shall be “Grandfathered Funds” and shall be subject to the following grandfathered pricing: Annual fee of $12,000 for each of the first two Funds in each Fund Family, $[redacted] for each additional Fund in the same Fund Family, and $[redacted] for each sub-adviser. • [redacted] basis points ([redacted]%) per annum of each Fund's net assets over $[redacted] Basis point fees are expressed as annual percentage rates, but shall accrue quarterly, with net asset values determined as of the last day of the preceding quarter. On each anniversary date of the Agreement, NLCS will increase the base fees listed in Section 1 above by an amount not to exceed the average annual change for the prior calendar year in the Consumer Price Index for All Urban Consumers - All Items (seasonally adjusted)1 plus 1.5%.
Fund Family means any two or more mutual funds that hold themselves out to investors as related companies for purposes of investment and investor services, and (A) that have a common investment adviser or principal underwriter, or (B) the investment adviser or principal underwriter of one of the mutual funds is an affiliated person as defined in section 2(a)(3) of the Investment Company Act of 1940 [15 U.S.C. 80a-2(a)(3)] of the investment adviser or principal underwriter of each of the other mutual funds. 14
Fund Family refers to all Funds in the Trust with the same investment adviser. · [REDACTED] basis point Per annum of each Fund's net assets over $100 million. Basis point fees are expressed as annual percentage rates, but shall accrue quarterly, with net asset values determined as of the last day of the preceding quarter. On each anniversary date of the Agreement, NLCS will increase the base fees listed in Section 1 above by an amount not to exceed the average annual change for the prior calendar year in the Consumer Price Index for All Urban Consumers - All Items (seasonally adjusted)[1] plus 1.5%.
Fund Family means all Funds in the Trust with the same investment adviser. 2 Greater of asset-based fee schedule or aggregated total minimum, per year.
Fund Family is defined as the Spectrum Low Volatility Fund, Spectrum Advisors Preferred Fund, and the Hundredfold Select Alternative Fund, Hundredfold Select Equity Fund and Hundredfold Select Global Fund, each a series of Northern Lights Fund Trust II.
Fund Family shall include SunAmerica Income Funds, SunAmerica Equity Funds, SunAmerica Focused Series, Inc., SunAmerica MoneyMarket Funds, Inc., SunAmerica Senior Floating Rate Fund, Inc., and AIG Series Trust.
Fund Family shall include any fund (whether included in the list of “covered funds” above or not) for which Equinox Institutional Asset Management, LP serves as investment adviser, or for which it advises a portfolio of managed futures programs or other alternative asset programs as a sub-adviser or as the adviser to a reference asset of an overlay or option strategy, but shall exclude any fund eligible for inclusion solely as a result of a conversion or other transfer of assets from a fund already being serviced by GFS.