Fund Family definition

Fund Family refers to all Funds in the Trust with the same investment adviser. PLUS: ● [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%.
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Fund Family means all Funds in the Trust with the same investment adviser.
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Fund Family refers to all Funds in the Trust with the same investment adviser. PLUS: ● 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 billon; 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.
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Examples of Fund Family in a sentence

  • The customizable components are described in the Fund Family Vision Implementation Guide.

  • Customer may utilize the Fund Family Vision option free of charge for so long as Customer is paying the monthly maximum in Vision ID Charges ($9,500).

  • The Annual Fee shall be charged on the largest fund in a Fund Family.

  • The fee per each additional Fund in a Fund Family above three, however, will be assessed as each additional Fund is subsequently added to the Trust.

  • In case of any requests or demands for the inspection of the records of the Fund Family maintained by GFS, GFS will endeavor to notify the Fund Family and to secure instructions from an authorized officer of the Fund Family as to such inspection.

  • GFS may pay such persons for their services, but no such payment will increase fees due from the Fund Family hereunder.

  • The execution and delivery of this Agreement has been authorized by the Board of the Fund Family and signed by the officers of the Fund Family, acting as such, and neither such authorization by the Board and shareholders nor such execution and delivery by such officers shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the property of each Trust as provided in their Agreement and Declaration of Trusts.

  • Any modification of the Transfer Agency Services provided by GFS as set forth in this Appendix II must be mutually agreed to, in writing, by both GFS and the Fund Family, Trust or a Fund.

  • GFS agrees to treat all Fund Family Proprietary Information and Customer Data as proprietary to the Fund Family and further agrees that it shall not divulge any Fund Family Proprietary Information or Customer Data to any person or organization except as may be provided under this Agreement or as may be directed by the Fund Family or as may be duly requested by regulatory authorities.

  • As compensation for the Services provided by GFS to the Fund Family pursuant to this Agreement, the Fund Family, on behalf of each Fund, agrees to pay GFS the fees set forth in Appendix III attached hereto.


More Definitions of Fund Family

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.
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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.
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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.
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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. PLUS: • [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%.
Sample 1
Fund Family refers to all Funds in the Trust with the same investment adviser. PLUS: · [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%.
Sample 1

Related to Fund Family

  • Brand family means all styles of Cigarettes sold under the same trade mark and differentiated from one another by means of additional modifiers or descriptors, including, but not limited to, “menthol,” “lights,” “kings,” and “100s,” and includes any brand name (alone or in conjunction with any other word), trademark, logo, symbol, motto, selling message, recognizable pattern of colors, or any other indicia of product identification identical or similar to, or identifiable with, a previously known brand of Cigarettes.

  • Family or “family member” means your spouse, and any child, stepchild, parent, or parent-in-law who receives more than one-half of his or her support from you or from whom you receive more than one-half of your support.

  • 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.

  • Bona Fide Debt Fund means any fund or investment vehicle that is primarily engaged in the making, purchasing, holding or otherwise investing in commercial loans, bonds and other similar extensions of credit in the ordinary course.

  • Immediate family means a spouse and any unemancipated child.