Examples of Investee Fund in a sentence
The investments in Investee Funds are valued based on the latest available redemption price of such units for each Investee Fund, as determined by the Investee Funds’ administrators.
The Investment Manager may not charge its annual fee in respect of that portion of an Investor Fund's assets which are invested in an Investee Fund unless otherwise permitted by the Central Bank.
Investment may not be made by an Investing Fund in an Investee Fund which itself is an Investee Fund within the Company.
Subject to the requirements of the Central Bank and this Prospectus, the ICAV may on behalf of a Fund (an Investor Fund) acquire Shares in another Fund (an Investee Fund).
Therefore, the Fund might have a higher cash weighting than anticipated for a period of time during which a minimum subscription requirement at the level of an Investee Fund has not yet been met by the Fund.
The exposure to investments in the Investee Fund at fair value is disclosed under the Statement of Portfolio.
Therefore, the Fund Manager may in its sole discretion warehouse and hold in cash the relevant Total Subscription Amounts for a period of time during which a minimum subscription requirement at the level of an Investee Fund has not yet been met by the Fund.
Charges and Expenses/Cross Investment Investors should note that, subject to the requirements of the Central Bank, the Funds (each an "Investing Fund") may invest in the other Funds (each and "Investee Fund") of the Company where such investment is appropriate to the investment objectives and policies of the Investing Fund.
An Interested Party may enter into any transaction with any Investee Fund and may be interested in any such contract or transaction (but only on an arm’s length basis) and shall not be liable to account either to other Interested Parties or to the Fund, the Participants or any other person for any profits or benefits made or derived by or in connection with any such transaction.
The Group reviews the details of the reported information obtained from the Investee Funds and considers: • the liquidity of the Investee Fund or its underlying investments; • the value date of the net asset value (“NAV”) provided; • any restrictions on redemptions; and • the basis of accounting and, in instances where the basis of accounting is other than fair value, fair valuation information provided by the Investee Fund’s advisors.