Fund Switch definition

Fund Switch means the cancellation of units in one Fund and their allocation instead to an alternative Fund or Funds. The Unit Account Value on the effective day of the Fund Switch will be the same before and after the Fund Switch.
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Fund Switch means a change in a line-item fund source or account to another fund source or account.
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Fund Switch means a transaction where the Units in one or more of Our Funds are cancelled from the Bond and replaced by Units in one or more other Funds.
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Examples of Fund Switch in a sentence

  • Switching Handling Fee: If you want to check whether your current fund holding can be switched into this fund, please logon to Hang Seng e-Banking, in the Investment Funds Trading page, choose the fund you wish to switch out and refer to the list of fund(s) in the row of "Fund Switch to:" in the "Funds Switching" page.

  • No Fund Switch and Partial Withdrawal will be allowed during this period.

  • We may levy a Charge as specified in the Schedule of Charges, for any Fund Switch request.

  • How we will cancel units from your Policy • Where units are cancelled in line with Provision 12 (Fund Switches) we will cancel all units in each Fund held under the Policy on the date of Fund Switch.

  • The continuing investment risk on the Unit Fund will be borne by the Policyholder.c) We shall levy only Fund Management Charge during the settlement period and no other charges will be levied.d) No Fund Switch or Partial Withdrawal will be allowed during the settlement period.

  • We may levy a Charge as specified in Part E, for any Fund Switch request.

  • Fund Switch Charge:The Policyholder will not be charged for the Fund Switch requests.

  • Renewal Premiums received by way of outstation chequeUnit Price at the date of receipt of instrument or the due date or the date of realisation of the amount by the Company, whichever is later.• Partial Withdrawal (if applicable)• Fund Switch (if applicable)Unit Price of the date of receipt of the request.

  • Our Fund Switch Charge at the Investment Date of Your Bond is as shown in the Statement of Charges issued to You at the start of Your Bond in the “Other Charges and Limits” section.

  • I further agree and understand that Fund Switch consequent to my request for the same herein shall be governed by the provisions and terms and conditions of the policy contract referred to herein.Name of Scribe: Relationship with owner: Contact Details of Scribe:Signature of Policyholder Signature of ScribeNote: In case the policy is assigned, please ensure that this form is signed bythe Assignee.


More Definitions of Fund Switch

Fund Switch means a transaction where the Units of one or more Funds are cancelled from the Bond and replaced by Units of one or more other Funds.
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Fund Switch means moving (some or all of) your investment from one fund to another, by selling units in one fund and buying units in another fund.
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Related to Fund Switch

  • Switch means a switching device employed by a Carrier within the Public Switched Network. Switch includes but is not limited to End Office Switches, Tandem Switches, Access Tandem Switches, Remote Switching Modules, and Packet Switches. Switches may be employed as a combination of End Office/Tandem Switches. "Switched Access Service" means the offering of transmission and switching services to Interexchange Carriers for the purpose of the origination or termination of telephone toll service. Switched Access Services include: Feature Group A, Feature Group B, Feature Group D, 8XX access, and 900 access and their successors or similar Switched Access Services. "Switched Access Traffic" is traffic that originates at one of the Party's End User Customers and terminates at an IXC Point of Presence, or originates at an IXC Point of Presence and terminates at one of the Party's End User Customers, whether or not the traffic transits the other Party's network.