Fund Shares definition

Fund Shares means any Securities issued by an investment company registered under the Investment Company Act of 1940.

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Fund Shares means the shares or other units of beneficial interest of each Fund.

Fund Shares. (see “Shares”)

Examples of Fund Shares in a sentence

• Mutual Fund Shares will be sold in the manner set forth in: (i) the 1933 Act, the 1934 Act, the 1940 Act, and the rules and regulations made or adopted thereunder; (ii) the rules of FINRA; and (iii) any orders issued by the SEC that the Fund relies on.

• DFA Securities shall undertake and discharge its obligations hereunder as an independent contractor and shall have no authority or power to obligate or bind the Fund or the Series by its actions, conduct or contracts, except that DFA Securities is authorized to promote and process the sale of Mutual Fund Shares and the sale of Creation Units to Authorized Participants.

• Subject to the supervisory authority of the Directors of the Fund, and on such terms as are authorized by the Fund, DFA Securities may enter into servicing and/or selling agreements with qualified dealers, financial intermediaries or other appropriate third-parties with respect to the offering of Mutual Fund Shares to the public.

• DFA Securities shall offer Mutual Fund Shares for sale only in those jurisdictions where: (i) they have been properly registered; (ii) they are exempt from registration; or (iii) for which appropriate notice filings have been made.

• The rights granted to DFA Securities shall be non-exclusive in that the Fund reserves the right to sell Mutual Fund Shares to investors on applications received and accepted by the Fund.

More Definitions of Fund Shares

Fund Shares means shares of a Mutual Fund.

Fund Shares means any Securities issued by an investment company registered under the United States Investment Company Act of 1940, as amended.

Fund Shares means shares of beneficial interest in any series of the Fund or any mutual fund advised by the Adviser or an affiliate.

Fund Shares means shares of an investment company registered under the Investment Company Act of 1940, as amended, or shares of an investment trust which are deposited in the Trust.

Fund Shares. “Fund Shares” means shares of ownership in an Investment Company.

Fund Shares means the outstanding shares issued by a Fund.

Fund Shares means the shares of an open-end management investment company registered under the Act, other than a 'money market' fund designed to have a constant NAV.