HSBC Funds definition

HSBC Funds and “Trustees of the HSBC Funds” refer respectively to the Trust and the Trustees as Trustees but not individually or personally. All parties hereto acknowledge and agree that any and all liabilities of the Trust arising, directly or indirectly, under this Sub-advisory Agreement will be satisfied solely out of the assets of the Trust and that no Trustee or officer or shareholder of the Trust shall be personally liable for any such liabilities. All persons dealing with any Fund of the Trust must look solely to the property belonging to such Fund for the enforcement of any claims against the Trust.
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Examples of HSBC Funds in a sentence

  • The HSBC Funds (the “Trust”), a Delaware statutory trust organized on March 2, 2016, is registered under the Investment Company Act of 1940, as amended (the “Act”), as an open-end management investment company.

  • If any such agreements or resolutions are not in existence, please contact HSBC Funds at 1-877- 244-2424 for institutional account assistance or 1-800-782-8183 for retail account assistance.Unless otherwise specified, joint owners are registered as “Joint Tenants with Rights of Survivorship,” meaning two persons purchase shares with the desire that the survivor receive total holdings upon the death of the other.

  • For your convenience, you may authorize HSBC Funds to transfer funds between your bank account and your HSBC Funds account.We will establish your banking instructions using the investment check you submitted.

  • Initially such services shall apply only to the HSBC Advisor Funds Trust and the HSBC Funds, as listed on Schedule A to this Agreement.

  • Class C Shares Similarly, if you exchange Class C shares of the Cash Management Fund for Class C shares of other HSBC Funds and wish to sell your shares, your redemption may be subject to a 1.00% CDSC if the shares are redeemed less than one year after the original purchase of the Class C shares.

  • The payment of advisory fees and other compensation to affiliates of HSI in connection with the investment in the Wealth Track Program in a Fund creates a conflict of interest for HSI in recommending that the client’s Account invest in HSBC Funds or HSBC Serviced Funds, which HSI seeks to mitigate through disclosure in this Brochure.

  • You may authorize HSBC Funds to wire redemptions to your bank account.

  • If you exchange shares of other HSBC Funds for shares of the Funds and wish to sell your shares, Class B and Class C shares may be subject to a CDSC.

  • Classroom Culture In addition to these community cultural aspects, a consistent culture of academic excellence will exist in all United Preparatory Academy classrooms.

  • Other investors will only receive Class B shares or Class C shares by exchanging from the Class B shares or Class C of other HSBC Funds.

Related to HSBC Funds

  • Fresh Funds means funds that:

  • Program Funds means all funds that are required to be deposited into the Non-profit School Food Service Account.

  • Public funds means money belonging to the government.

  • BlackRock Funds and “Trustees of BlackRock Funds” refer respectively to the trust created and the Trustees, as trustees but not individually or personally, acting from time to time under a Declaration of Trust dated December 22, 1988, as amended, which is hereby referred to and a copy of which is on file at the office of the State Secretary of the Commonwealth of Massachusetts and at the principal office of the Fund. The obligations of “BlackRock Funds” entered into in the name or on behalf thereof by any of the Trustees, officers, representatives or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, shareholders, officers, representatives or agents of the Fund personally, but bind only the Trust Property (as defined in the Declaration of Trust), and all persons dealing with any class of shares of the Fund must look solely to the Trust Property belonging to such class for the enforcement of any claims against the Fund.

  • Armada Funds entered into in the name or on behalf thereof by any of the Trustees, representatives or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, Shareholders or representatives of the Trust personally, but bind only the Trust Property, and all persons dealing with any class of shares of the Trust must look solely to the Trust Property belonging to such class for the enforcement of any claims against the Trust.

  • Subsidy Funds With respect to any Subsidy Loans, funds contributed by the employer of a Mortgagor in order to reduce the payments required from the Mortgagor for a specified period in specified amounts.

  • own funds means own funds as defined in point (118) of Article 4(1) of Regulation (EU) No 575/2013;

  • Good Funds means immediately available funds delivered by confirmed wire transfer to an account designated by the Closing Agent.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Client Funds means money deposited by the Client in his/her Trading Account, plus or minus any unrealized or realized profit or loss, plus or minus any amount that is due by the Client to the Company and vice versa.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Funds means financial assets and benefits of every kind, including, but not limited to:

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Activity funds means all funds received by school officials

  • Mutual Funds means (i) all open-end mutual funds; and (ii) similar pooled investment vehicles established in non-U.S. jurisdictions, such as registered investment trusts in Japan. For purposes of the Code, Mutual Fund does not include shares of open-end money market mutual funds (unless otherwise advised by Compliance).

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Equity Account Administrator means the brokerage firm utilized by the Company from time to time to create and administer accounts for participants in the Company’s equity plans and programs, including the Plan.

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

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

  • 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.

  • Program fund means the program fund created under Section 53B-8a-107,

  • Escrow Bank has the meaning specified in Section 2.15(c).

  • General Account consists of all our assets other than those held in any separate investment accounts.

  • Liquidity Account Investments means Deposit Securities or any other security or investment owned by the Fund that is rated not less than A3 by Moody’s, A- by Standard & Poor’s, A- by Fitch or an equivalent rating by any other NRSRO (or any such rating’s future equivalent) or if not rated, determined by the Adviser to be of comparable quality.