Examples of Investor Monies in a sentence
In the event of the insolvency of a Fund, there is no guarantee that such Fund will have sufficient monies to pay unsecured creditors (including the investors entitled to Investor Monies) in full.
Risks Associated with Umbrella Cash Accounts An Umbrella Cash Account will operate at umbrella level in respect of the ICAV rather than a specific Fund and the segregation of Investor Monies from the liabilities of Funds other than the relevant Fund to which the Investor Monies relate is dependent upon, among other things, the correct recording of the assets and liabilities attributable to individual Funds by or on behalf of the ICAV.
Investor Monies will be held in a single Umbrella Cash Account in respect of each currency in which a Class is denominated.
Investor Monies will be held in a single Umbrella Cash Account in respect of a particular currency.
Subscription, redemption and (where relevant) dividend payments ("Investor Monies") are held in a segregated account in the name of the Administrator/its nominees on behalf of investors and are subject to the provisions of the Investor Money Regulations, which protect Investor Monies from the insolvency of the Administrator and the relevant Fund.