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Index ETF definition

Index ETF means an ETF (currently only HBA and HCA) that seeks to track, to the extent possible and before the deduction of fees and expenses, the performance of an Index;
Index ETF means, currently, HFIN;
Index ETF means, on any Valuation Date, an open-ended registered mutual fund or unit investment trust that invests in a portfolio of stocks designed to track the performance and dividend yield of the S&P 500 Index."

Examples of Index ETF in a sentence

  • This Agreement shall terminate if (a) the License Agreement terminates, or (b) BFA or an affiliate of BFA ceases to exercise investment discretion over the Registrants or any Index ETF in its capacity as manager, investment adviser, trustee, or other comparable capacity.

  • All the securities traded in the Futures & Option (Derivatives) Segment and Liquid Index Exchange Traded Funds (ETFs) (An Index ETF shall be deemed ‘liquid’ provided the Index ETF has traded on at least 80% of the days over the past 6 months and its impact cost over the past 6 months is less than or equal to 1%) are eligible for lending & borrowing under the SLB.

  • Actions Affecting Constituent Securities From time to time, certain corporate or other actions may be taken or proposed by an issuer included in a portfolio or Index of an Index ETF (a “Constituent Issuer”) or a third party that could affect a Constituent Security of an Index.

  • In each such case, the Manager, in its discretion, will determine what steps the relevant Index ETF will take to address the action, if any.

  • The portfolio of each Index ETF may, from time to time, also include a significant amount of cash and/or cash equivalents.

  • In such cases Quantum Index ETF fund units will be valued at closing NAV of the day.

  • The CIBC Active Investment Grade Floating Rate Bond ETF, CIBC Active Investment Grade Corporate Bond ETF, CIBC Flexible Yield ETF (CAD-Hedged), CIBC Multifactor Canadian Equity ETF, CIBC Multifactor U.S. Equity ETF, CIBC Global Growth ETF and the CIBC International Equity ETF qualify as mutual fund trusts and the CIBC Canadian Bond Index ETF, CIBC Canadian Equity Index ETF and the CIBC U.S. Equity Index ETF intend to qualify as mutual fund trusts.

  • Rebalancing Events Whenever an Index Provider rebalances or adjusts an Index, including by adding securities to or subtracting securities from that Index or, if applicable, whenever the Manager determines that there should be a change to the representative sample of the Index, the applicable Index ETF may acquire and/or dispose of the appropriate number of securities through the applicable Designated Broker or Dealers in the open market.

  • The CIBC Global Bond ex-Canada Index ETF (CAD-Hedged), the CIBC International Equity Index ETF, the CIBC Emerging Markets Equity Index ETF, the CIBC Qx Canadian Low Volatility Dividend ETF, the CIBC Qx U.S. Low Volatility Dividend ETF, the CIBC Qx International Low Volatility Dividend ETF and the CIBC Clean Energy Index ETF are Unit Trusts under the Income Tax Act (Canada).

  • Units of the iShares® S&P/TSX 60 Index ETF Units of the SPDR® S&P 500® ETF Trust EURO STOXX 50® Index Volatility is the term used to describe the magnitude and frequency of the changes in a security's value over a given time period.

Related to Index ETF

  • Index B means the index for the year prior to index A.

  • Index A means the index for the year prior to the

  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index (other than a Multiple Exchange Index), the closing level of such Index at the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), all as determined by the Calculation Agent.

  • Index Linked with respect to an amount at any time, means that the amount is adjusted as at each April 1st commencing April 1, 2015 by:

  • Index Value means, in relation to any Reference Rate Business Day:

  • Index Group means the NASDAQ Bank Index.

  • Index Days means, in the case of the SONIA Compounded Index, London Banking Days, and, in the case of the SOFR Compounded Index, U.S. Government Securities Business Days;

  • Index Component means those securities, assets or reference values of which the Index is comprised from time to time.

  • Minimum Index Level means, in respect of a series of bull CBBCs, the lowest Spot Level of the Index during the MCE Valuation Period;

  • Index Disruption means in respect of an Index on any Valuation Date, the Index Sponsor fails to calculate and announce such Index.

  • Index Price on a given date shall mean the weighted average (weighted in accordance with the factors listed above) of the closing prices of the companies composing the Index Group.

  • Index Start Value means 1,000 index points and represents the Index Closing Value on Index Calculation Day T=0 for the purposes of calculating the index in accordance with C).

  • Index Number means the Consumer Price Index (Sydney all groups) published by the Australian Bureau of Statistics from time to time.

  • Index Provider means, in respect of a Sub-Fund, the person responsible for compiling the Index against which the relevant Sub-Fund benchmarks its investments and who holds the right to licence the use of such Index to the relevant Sub-Fund as set out in the relevant Appendix.

  • Final Index Level : means the Closing Level of the FTSE 100 Index on the Investment End Date.

  • Index Start Date means 19 January 2015.

  • OBFR Index Cessation Date means, in respect of an OBFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the OBFR), ceases to publish the OBFR, or the date as of which the OBFR may no longer be used.

  • Index Sponsor means the sponsor or publisher of an Index.

  • LIBOR Market Index Rate means, for any day, LIBOR as of that day that would be applicable for a LIBOR Loan having a one-month Interest Period determined at approximately 10:00 a.m. Central time for such day (rather than 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period as otherwise provided in the definition of “LIBOR”), or if such day is not a Business Day, the immediately preceding Business Day. The LIBOR Market Index Rate shall be determined on a daily basis.

  • SOFR Index Cessation Date means, in respect of a SOFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the SOFR), ceases to publish the SOFR, or the date as of which the SOFR may no longer be used.

  • Index Fee means 1.0% per annum. The Index Fee is charged each calendar day, beginning as of the Index Start Date. It is calculated on the basis of a 360-day year and the most recently calculated Index Closing Value.

  • Index With respect to each Adjustable Rate Mortgage Loan and with respect to each related Adjustment Date, the index as specified in the related Mortgage Note.

  • Index Debt means senior, unsecured, long-term indebtedness for borrowed money of the Borrower that is not guaranteed by any other Person or subject to any other credit enhancement.

  • Index Call Event means each of the following events:

  • Average daily rate means the hospital’s final payment rate multiplied by the DRG weight and divided by the statewide average length of stay for a DRG.

  • Index Performance means, in relation to an Index and an Auto-Call Valuation Date or the Valuation Date, as the case may be, a percentage calculated by the Calculation Agent in respect of such date in accordance with the following formula: Index Performance =Final Index Level × 100% Initial Index Level