Management Fee Distribution definition

Management Fee Distribution means an amount equal to the difference between the Management Fees otherwise chargeable by the Manager and a reduced fee determined by the Manager, at its discretion, from time to time, and that is distributed by an ETF quarterly in cash to Unitholders of the ETF who hold large investments in that ETF;

Management Fee Distribution means a distribution pursuant to Section 16.11.

Management Fee Distribution shall have the meaning set forth in Section 9.2(h) of this Agreement.

Examples of Management Fee Distribution in a sentence

• The amount of such Management Fee Distribution to a unitholder is negotiable between the Manager and the unitholder and depends primarily on the amount invested.

• For each Money Market Fund, the Manager shall determine the amount of the Fund’s net income for a calendar year that accrues each day in the year (excluding net income that becomes payable to Unitholders pursuant to Section 16.11 (Management Fee Distribution)), and the portion of the net income accruing each day that is allocable to each series of Units of the Fund.

• Summary of Charges and Fees: Current Initial/Sales ChargeCurrent Switching chargeCurrent Redemption/ Sales Exit FeeCurrent Annual Management Fee Distribution Fee Performance fee for funds with equity indices Up to 5.25% Up to 2% Up to 1% Up to 1.50% n/aThe Investment Manager may earn a performance fee if the relevant class exceeds the return of the relevant index by more than the hurdle rate on an annualised basis.

• Summary of Charges and Fees: Current Initial/Sales ChargeCurrent Switching chargeCurrent Redemption/ Sales Exit FeeCurrent Annual Management Fee Distribution Fee Performance fee for funds with equity indices Up to 1% Up to 2% Up to 1% Up to 0.80% n/aThe Investment Manager may earn a performance fee if the relevant class exceeds the return of the relevant index by more than the hurdle rate on an annualised basis.

• Summary of Charges and Fees: Current Initial/Sales ChargeCurrent Switching chargeCurrent Redemption/ Sales Exit FeeCurrent Annual Management Fee Distribution Fee Performance fee for funds with equity indices 0% Up to 2% Up to 1% Up to 1.50% Up to 0.75%The Investment Manager may earn a performance fee if the relevant class exceeds the return of the relevant index by more than the hurdle rate on an annualised basis.

• The net realized capital gains of the Fund as thus computed as of a day less the amount of any Management Fee Distribution considered to be payable out of such net realized capital gains shall be credited to Participants in the Fund.

• In order to receive a Management Fee Distribution for any applicable period, a beneficial owner of Units of an ETF must submit a claim for a Management Fee Distribution that is verified by a CDS Participant on the beneficial owner’s behalf and provide the Manager with such further information as the Manager may require in accordance with the terms and procedures established by the Manager from time to time.

• The net income of the Fund as thus computed as of a day, less the amount of any Management Fee Distribution considered to be payable out of such net income, shall be credited to Participants in the Fund.

• A Management Fee Distribution results in the distribution of additional income, capital gains and/or capital to an investor.

• A Unitholder who is not exempt from tax and holds Units of a TD ETF in a non-registered account and who receives a Management Fee Distribution, is required to include the amount of the distribution in the calculation of his, her or its income, unless it is paid as a return of capital.

More Definitions of Management Fee Distribution

Management Fee Distribution has the meaning ascribed thereto in section 6.01(3);

Management Fee Distribution means an amount equal to the difference between the management fee otherwise chargeable and a reduced management fee payable (both amounts being inclusive of sales taxes), which is distributed by the Smart Portfolio to eligible Account(s) and automatically reinvested in additional units of the applicable Smart Portfolio.

Management Fee Distribution means a distribution pursuant to Section6.6;