Investment Alternative definition
Examples of Investment Alternative in a sentence
The University and the Union will select a new Qualified Default Investment Alternative (QDIA) within a timeframe to be determined by the University’s Benefits Services Group (BSG).
If you discontinue the Dollar Cost Averaging program before the end of the transfer period, the remaining balance in the Extended Short Term Dollar Cost Averaging Fixed Account will be transferred to the Money Market Variable Sub-Account unless you request a different Investment Alternative.
If you discontinue the Dollar Cost Averaging program before the end of the transfer period, the remaining balance in the Short Term Dollar Cost Averaging Fixed Account will be transferred to the Money Market Variable Sub-Account unless you request a different Investment Alternative.
If you discontinue the Dollar Cost Averaging Option before the expiration of a Transfer Period Account, the remaining balance will be transferred on the day we receive notification to the money market Variable Sub-account unless you request a different Investment Alternative.
If a collective trust Fund is an Investment Alternative under the Plan, you Covenant that you, as the Plan’s Fiduciary, adopt the collective trust’s governing documents as a part of the Trust.
If you are the sponsor of a plan subject to ERISA, you may want to elect a plan-level default investment option that is a "Qualified Default Investment Alternative" (QDIA) as defined under applicable law and regulations.
For a Plan investment Direction that transfers an amount from one Plan Investment Alternative to another, AdvisorTrust will not hold an amount in a Processing Account longer than three Business Days after AdvisorTrust has received both the redemption proceeds or payment and a proper Direction that is in Good Order.
Further, the Trustee's investments may be made without regard to the proportion any property may bear to the entire amount of the Trust Fund, provided, however, that investments within an Investment Alternative managed by the Trustee shall be so diversified as to minimize the risk of large losses within that Investment Alternative unless it is clearly prudent not to do so under the circumstances in the sole judgment of the Trustee.
Nevertheless, the Trustee or an Investment Manager, as the case may be, shall remain responsible under this Agreement for the management of any collective investment fund or other portfolio of assets selected as an Investment Alternative (other than a registered investment company) which it manages.
AdvisorTrust may keep any number of bank accounts and Securities Accounts to receive and hold for a reasonable time: • contributions to be invested; • amounts redeemed for investment in another Plan Investment Alternative; or • amounts redeemed to pay a distribution, Fee, expense, or other payment you Instruct.