Milestone Funds definition
Examples of Milestone Funds in a sentence
For so long as this fee waiver remains in effect, VIA shall inform the Board annually and in writing whether it intends to continue or discontinue the waiver, in whole or in part, as to each of the Milestone Funds at the time of the Board's annual consideration of the renewal of the Second Master Investment Advisory Agreement between the Fund, on behalf of the Milestone Funds, and VIA.
The Milestone Funds, of which the Acquired Fund is a series, is duly registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end, management investment company.
This provision shall not protect any officer, director, agent or shareholder of the Milestone Funds or the Acquiring Trust against any liability to the entity for which that officer, trustee, agent or shareholder so acts or to its shareholders to which that officer, trustee, agent or shareholder would otherwise be subject by reason of willful misfeasance, bad faith, gross negligence or reckless disregard of the duties in the conduct of such office.
The statement of assets and liabilities and schedule of portfolio investments shall be certified by the treasurer of Milestone Funds, to the best of his or her knowledge, as being in conformity with generally accepted accounting principles applied on a consistent basis.
In addition, the Milestone Funds shall supply a schedule of portfolio investments as of the Valuation Date.
CLS and GFS shall pay the costs of the Acquiring Trust and the Milestone Funds directly related to the Reorganization on an equal basis.
Upon satisfaction of the conditions precedent described in Section 9 hereof, the Milestone Funds will convey, transfer and deliver to the Acquiring Trust on behalf of the Acquiring Fund, at the Closing, all of the then-existing assets of the Acquired Fund (the “Assets”).
The Acquiring Trust and the Milestone Funds will provide each other and their respective representatives with such cooperation, assistance and information as either of them reasonably may request of the other in filing any Tax returns, amended return or claim for refund, determining a liability for Taxes or a right to a refund of Taxes or participating in or conducting any audit or other proceeding in respect of Taxes, or in determining the financial reporting of any tax position.
Schedule "B" Shareholder Services and Transfer Agent Fee Schedule for The Milestone Funds This Fee Schedule is fixed for a period of eighteen (18) months from the Effective Date as that term is defined in the Agreement.
In giving the opinions set forth above, ▇▇▇▇▇▇ may state that it is relying on certificates of the officers of the Milestone Funds with regard to matters of fact and certain certifications and written statements of governmental officials with respect to the good standing of the Milestone Funds.