Investment Record definition

Investment Record and "Investment Performance" shall have the meanings set forth in Rule 205-1 of the Advisers Act. The average daily net asset value of II Fund shall be determined in the manner set forth in the Declaration of Trust and registration statement of the Trust, as amended from time to time. AIM OPPORTUNITIES I FUND ------------------------ The Trust shall pay the Advisor, out of the assets of AIM Opportunities I Fund ("I Fund"), as full compensation for all services rendered and all facilities furnished to I Fund hereunder, a management fee consisting of the sum of a Base Fee and a Performance Adjustment (whether positive or negative), computed and paid monthly. If the Advisor shall serve for less than the whole of any period specified herein, the compensation payable to the Advisor with respect to I Fund shall be prorated. The Base Fee shall be at an annual rate of 1.00% of I Fund 's average daily net assets. In computing the amount of the Base Fee, the Base Fee shall be applied against I Fund 's average daily net assets computed over the month for which the Base Fee is paid. The Trust shall pay the Advisor the Base Fee beginning on the Effective Date for I Fund, as set forth in Appendix A. The Performance Adjustment shall be calculated by (i) subtracting the Investment Record of the I Fund Benchmark Index, as set forth in Appendix C, from the Investment Performance of a Class A share of I Fund over the Performance Period, (ii) subtracting 2.00% from the number obtained in (i) if such number is positive, or adding 2.00% if such number is negative, and (iii) multiplying the number obtained in (ii) (whether positive or negative) by 0.15%. In computing the amount of the Performance Adjustment, the Performance Adjustment shall be applied against I Fund's average daily net assets computed over the Performance Period. The Performance Adjustment shall not exceed 0.75% per annum. The Trust shall pay the Advisor the Performance Adjustment beginning in the thirteenth month following the Effective Date for I Fund, so that for the first twelve months following the Effective Date for I Fund the Advisor shall receive only the Base Fee.
Sample 1
Investment Record and "Investment Performance" shall have the meanings set forth in Rule 205-1 of the Advisers Act. The average daily net asset value of Small Cap shall be determined in the manner set forth in the Declaration of Trust and registration statement of the Trust, as amended from time to time.
Sample 1Sample 2
Investment Record means the record described in Clause 6.5.
Sample 1

Examples of Investment Record in a sentence

  • Similarly, the rate of any negative Performance Adjustment shall be equal to 0.75% multiplied by the ratio of the number of percentage points by which the Investment Performance of the Series is less than the Investment Record of the Index over the Measuring Period as compared to 15 percentage points.

  • The Investment Record of the Index will be determined in accordance with Rule 205-1(b) under the Advisers Act.

  • For example, if the Investment Performance of the Series was -10.0% and the Investment Record of the Index was 0%, the ratio would be 10 to 15, or 0.667, times 0.75%, for a downward Performance Adjustment rate of 0.50%.

  • Each month, the maximum or minimum Performance Adjustment shall be equal to 1/12th of 0.75% of the average daily net assets of the Series during the Measuring Period (subject to minor accounting adjustments to account for the specific number of days in the month) when the Investment Performance of the Series is superior or inferior to the Investment Record of the Index by 15 percentage points or more over the Measuring Period.

  • Each month, the rate of any positive Performance Adjustment shall be equal to 0.75% multiplied by the ratio of the number of percentage points by which the investment performance of the Series (the "Investment Performance") exceeds the investment record (the "Investment Record") of the Standard & Poor's 500 Composite Stock Price Index (the "Index") over the twelve-month period ending on the last day of that month (the "Measuring Period") as compared to 15 percentage points.

  • For example, if the Investment Performance of the Series was 6.6% and the Investment Record of the Index was 0%, the ratio would be 6.6 to 15, or 0.44, times 0.75%, for an upward Performance Adjustment rate of 0.33%.

  • No Performance Fee Adjustment will be made to the Combined Fee unless the investment performance ("Investment Performance") of the Fund (stated as a percent) is exceeded by the investment record ("Investment Record") of the Index (stated as a percent) by at least one full point.

  • The computation of the Investment Performance of the Fund and the Investment Record of the Index will be made in accordance with Rule 205-1 under the Investment Advisers Act of 1940 or any other applicable rule as, from time to time, may be adopted or amended.

  • Notwithstanding any other provisions in this Schedule C, the computation of the Performance Adjustment Rate, the Investment Performance of the Measuring Class and the Investment Record of the Benchmark will be made in accordance with the Investment Advisers Act of 1940, as amended, and any applicable rules thereunder.

  • The following table illustrates the method used to calculate a Fund’s performance adjustments and corresponding advisory fees at different levels of Investment Performance against the Investment Record of the Index, assuming the Fund’s assets remain constant over the Performance Period: The Base Fee, as adjusted, will be prorated in any month for which this Agreement is not in effect for the entire month.


More Definitions of Investment Record

Investment Record means any record, regardless of physical form or characteristic, with information about:
Sample 1
Investment Record and "Investment Performance" shall have the meanings set forth in Rule 205-1 of the Advisers Act. The average daily net asset value of Mid Cap shall be determined in the manner set forth in the Declaration of Trust and registration statement of the Trust, as amended from time to time.
Sample 1
Investment Record and "Investment Performance" shall have the meanings set forth in Rule 205-1 of the Advisers Act. The average daily net asset value of I Fund shall be determined in the manner set forth in the Declaration of Trust and registration statement of the Trust, as amended from time to time.
Sample 1
Investment Record and "Investment Performance" shall have the meanings set forth in Rule 205-1 of the Advisers Act. The average daily net asset value of I Fund shall be determined in the manner set forth in the Declaration of Trust and registration statement of the Trust, as amended from time to time. APPENDIX C BENCHMARK INDICES AIM OPPORTUNITIES III FUND The III Fund Benchmark Index shall be the S&P 500 INDEX. AIM OPPORTUNITIES II FUND The II Fund Benchmark Index shall be the S&P MIDCAP 400 INDEX. AIM OPPORTUNITIES I FUND The I Fund Benchmark Index shall be the RUSSELL 2000(R) INDEX. From time to time, the Board of Trustees, xx xxx affirmative vote of the trustees voting in person, including the affirmative vote of a majority of the trustees who are not parties to this Agreement or "interested persons" (as defined in the 1940 Act) of a party to this Agreement, may determine that another xxxxxxxies index is a more appropriate benchmark than the respective Benchmark Index above for purposes of evaluating the performance of a Fund. In such event, after thirty days' written notice to the Advisor, a successor index (the "Successor Index") may be substituted for a Fund's Benchmark Index in prospectively calculating the Performance Adjustment for that Fund. However, the calculation of that portion of the Performance Adjustment attributable to any portion of the Performance Period prior to the adoption of the Successor Index will still be based upon the Fund's performance compared to its former Benchmark Index."
Sample 1

Related to Investment Record

  • Investment interest means investment interest as defined in section 163(d)(3) of the Internal Revenue Code.

  • Investment Return means the investment return payable in respect of the Bond in accordance with Clause 5 Returns.

  • Income Account Record Date means the "Record Dates" set forth in the "Essential Information" in the Prospectus.

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

  • Investment Date means the date of the Investment Commitment Closing.

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

  • Investment End Date : means 11 November 2022, or if such day is not a Scheduled Trading Day, the following day which is a Scheduled Trading Day.

  • Widely Held Fixed Investment Trust as that term is defined in Treasury Regulations section 1.671-5(b)(22) or successor provisions.

  • Investment Related Property means: (i) all “investment property” (as such term is defined in Article 9 of the UCC) and (ii) all of the following (regardless of whether classified as investment property under the UCC): all Pledged Equity Interests, Pledged Debt, the Investment Accounts and certificates of deposit.

  • Certificate Account Deposit Date As to any Distribution Date, the Business Day prior thereto.

  • Investment Request means a letter in substantially the form of Exhibit A hereto executed and delivered by the Seller to the Administrative Agent and the Purchasers pursuant to Section 2.02(a).

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

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

  • 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.

  • regulated investment companies (as defined in Section 851 of the Code), all as from time to time in effect (collectively, the "Policies"), and with all applicable provisions of law, including without limitation all applicable provisions of the Investment Company Act of 1940 (the "1940 Act") and the rules and regulations thereunder. Subject to the foregoing, the Sub-Adviser is authorized, in its discretion and without prior consultation with the Manager, to buy, sell, lend and otherwise trade in any stocks, bonds and other securities and investment instruments on behalf of the Series, without regard to the length of time the securities have been held and the resulting rate of portfolio turnover or any tax considerations; and the majority or the whole of the Series may be invested in such proportions of stocks, bonds, other securities or investment instruments, or cash, as the Sub-Adviser shall determine.

  • Investment pool means an entity created under the Texas Gov- ernment Code to invest public funds jointly on behalf of the entities that participate in the pool and whose investment objectives in or- der of priority are preservation and safety of principal, liquidity, and yield.

  • Certificate Account The account maintained by the Trustee in accordance with the provisions of Section 4.04.

  • 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.

  • Registered Investment Company means any one or more corporations, partnerships or trusts registered under the Investment Company Act of 1940 for which Fidelity Management and Research Company serves as investment advisor.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Account Records is defined in Section 1(a)(i) of the Administration Agreement.

  • Authorized Investment means any type of instrument, security, participation or other property in which Cash Collateral may be invested or reinvested, as described in Section 5(f) hereof and Appendix 4 hereto (and as such Appendix may be amended from time to time by written agreement of the parties).

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

  • Approved Investment means any type of security, instrument, participation or interest in property, as set forth on Schedule I hereto (which may be amended from time to time by execution of a revised Schedule I, I-A or I-B) in which Cash Collateral may be invested or reinvested by Bank in accordance with Paragraph 2 of Article IV hereof.

  • Authorized Investments means: any investment which may be authorized by the Commission but does not include restricted investments as specified in the Offering Documents from time to time.

  • Investment Portfolio means invested assets (including cash and cash equivalents, short-term investments, bonds or other fixed income securities and equity investments).