Gross Investment Sum definition

Gross Investment Sum means the aggregate amount comprising the Net Investment Sum paid or to be paid by, or received or to be received from, an applicant for the subscription or purchase of Units, together with the Initial Sales Charge and any applicable Duties and Charges payable in respect thereof.
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Gross Investment Sum means the aggregate amount comprising the Net Investment Sum paid or to be paid by, or received or to be received from, an applicant for the subscription or purchase of Units of any Class, together with the Preliminary Charge (if any) and any applicable Duties and Charges in respect thereof.
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Gross Investment Sum means the aggregate amount paid or to be paid by, or received or to be received from, an applicant for subscription or purchase of Units, before the deduction of the Sales Charge and other applicable charges.
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Examples of Gross Investment Sum in a sentence

  • The Net Investment Sum is derived by deducting the relevant Preliminary Charge (for Class A Units only) and Duties and Charges (if any) from an applicant’s Gross Investment Sum.

  • The current initial sales charge is 5% of the Gross Investment Sum.

  • The initial sales charge will be a percentage of the Gross Investment Sum which the Managers may from time to time determine provided that such charge shall not exceed 5%.

  • The Net Investment Sum is derived by deducting the relevant Initial Sales Charge and Duties and Charges (if any) from an applicant’s Gross Investment Sum.

  • The distributor or approved agent may charge a Sales Charge which, along with other applicable charges (bank transfer etc.) will be deducted from the total amount received from the investor for the subscription of Units (i.e. from the Gross Investment Sum), and the resultant amount (i.e. the Net Investment Sum) will be applied towards the subscription of Units.

  • Class SGD I Acc Units # Gross Investment Sum/ Notional issue price (NAV per Unit of Class SGD I Acc# no Preliminary Charge for Class SGD I Acc Units* notional price used for illustrative purposes onlyThis example is on the assumption that there are no Duties and Charges payable.

  • Fees payable by the Holder: Class A UnitsClass I UnitsClass M UnitsPreliminary Charge (initial sales charge)*Cash Units and SRS Units:Up to 5% of the Gross Investment Sum (maximum 5%)NilNil CPF Units: Up to 3% of the Gross Investment Sum (maximum 3%) Realisation ChargeCurrently nil (maximum 4%)NilNilSwitching Fee**Currently 1% (maximum of 1% and minimum of $5)Not applicableNot applicable* The Preliminary Charge is paid to the distributor and/or the Manager.

  • Class USD A Acc Units Gross Investment Sum Net Investment Sum/ Notional issue price (NAV per Unit of the relevantClass)* notional price used for illustrative purposes only This example is on the assumption that a Preliminary Charge of 5% is imposed and there are no Duties and Charges payable.

  • Fees payable by the Holder: Initial Sales Charge1 (preliminary charge)5% of the Gross Investment Sum for non-CPF subscriptions (maximum 5%)3% of the Gross Investment Sum for CPF subscriptions (maximum 3%)*Realisation ChargeCurrently nil (maximum 4%)Switching FeeCurrently 1% (maximum of 1% and minimum of S$5)* Investors should note that no CPF subscriptions will be accepted with effect from the Effective Date.

  • The issue price for the Class is determined in accordance with paragraph 11.3 of this Prospectus.Class SGD N Acc Units # Gross Investment Sum/ Notional issue price (NAV per Unit of the Class SGDN Acc Units)=This example is on the assumption that there are no Duties and Charges payable.# No Preliminary Charge for Class SGD N Acc Units.* Notional price used for illustrative purposes only and should not be construed as a forecast, prediction or projection of the future or likely performance of the Trust.


More Definitions of Gross Investment Sum

Gross Investment Sum means the aggregate amount paid or to be paid by, or received or to be received from, an applicant for the subscription or purchase of Units, inclusive of the Preliminary Charge and any applicable Fiscal and Purchase Charges in respect thereof.
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Related to Gross Investment Sum

  • Investment Management Fee means each of the Senior Investment Management Fee, the Subordinated Investment Management Fee and the Incentive Investment Management Fee.

  • PIPE Investment Amount means the aggregate gross purchase price received by Acquiror prior to or substantially concurrently with Closing for the shares in the PIPE Investment.

  • Prior Period Investments means investments made in a previous evaluation period that are outstanding as of the examination date.

  • Investment Amount means the dollar amount to be invested by Investor to purchase Put Shares with respect to any Put as notified by the Company to Investor in accordance with Section 2.2.

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).

  • PIPE Investment has the meaning specified in the Recitals hereto.

  • Investment Assets means all debentures, notes and other evidences of Indebtedness, stocks, securities (including rights to purchase and securities convertible into or exchangeable for other securities), interests in joint ventures and general and limited partnerships, mortgage loans and other investment or portfolio assets owned of record or beneficially by the Company.

  • Asset Management Fee shall have the meaning set forth in Section 8.03.

  • collective investment scheme means any arrangements with respect to property of any description, including money, the purpose or effect of which is to enable Persons taking part in the arrangements (whether by becoming owners of the property or any part of it or otherwise) to participate in or receive profits or income arising from the acquisition, holding, management or disposal of the property or sums paid out of such profits or income.

  • Investment Account As defined in Section 3.12(a).

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • Capitalized Interest Account Initial Deposit means $1,733,333.78 deposited on the Closing Date.

  • Special Purpose Investment Personnel means each SEI Access Person who, in connection with his or her regular functions (including, where appropriate, attendance at Board meetings and other meetings at which the official business of a Trust or any Fund thereof is discussed or carried on), obtains contemporaneous information regarding the purchase or sale of a Security by a Fund. Special Purpose Investment Personnel shall occupy this status only with respect to those Securities as to which he or she obtains such contemporaneous information.

  • Investment Proceeds means, with respect to any Determination Date, all interest and other investment earnings (net of losses and investment expenses) on funds on deposit in the Series 1996-1 Accounts, together with an amount equal to the Series 1996-1 Allocation Percentage of the interest and other investment earnings on funds held in the Collection Account credited as of such date to the Collection Account pursuant to Section 4.02 of the Agreement.

  • Performing Non-Cash Pay Mezzanine Investments means Performing Mezzanine Investments other than Performing Cash Pay Mezzanine Investments.

  • Gross Proceeds means a share of the gross production of oil, gas, condensate, and natural gas liquids free of any and all cost of producing, gathering, storing, separating, treating, dehydrating, compressing, processing, transporting, marketing, or pipeline construction and maintenance.

  • Wholly-Owned Investment Sub means an entity (i) that is a wholly-owned subsidiary7 of a Regulated Fund (with such Regulated Fund at all times holding, beneficially and of record, directly or indirectly, 95% or more of the voting and economic interests); (ii) whose sole business purpose is to hold one or more investments on behalf of such Regulated Fund (and, in the case of an SBIC Subsidiary, maintain a license under the SBA Act and issue debentures guaranteed by the SBA); (iii) with respect to which such Regulated Fund’s Board has the sole authority to make all determinations with respect to the entity’s participation under the Conditions to this application; and (iv) (A) that would be an investment company but for Section 3(c)(1), 3(c)(5)(C), or 3(c)(7) of the Act, or (B) that qualifies as a real estate investment trust (“REIT”) within the meaning of Section 856 of the Internal Revenue Code (“Code”) because substantially all of its assets would consist of real properties.

  • Canadian Investment Manager designation means the designation earned through the Canadian investment manager program prepared and administered by CSI Global Education Inc. and so named on the day this Instrument comes into force, and every program that preceded that program, or succeeded that program, that does not have a significantly reduced scope and content when compared to the scope and content of the first-mentioned program;

  • Standard Investment Period means the period beginning with the first day of any purchase or acquisition of Economic Development Property and ending five (5) years after the Commencement Date.

  • Investment project means an investment in qualified buildings

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Principal Accumulation Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Accumulation Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.

  • Gross Sales Proceeds with respect to each sale of Shares shall be the Gross Sales Price multiplied by the number of Shares sold;

  • Adjusted gross proceeds means gross proceeds less cash prizes, cost of

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Private Investment means a securities offering that is exempt from registration under certain provisions of the U.S. securities laws and/or similar laws of non-U.S. jurisdictions. It includes investments in hedge funds, private equity funds, limited partnerships, real estate, peer to peer lending clubs and private businesses.