Milestone Funds definition
Examples of Milestone Funds in a sentence
Subject to certain exceptions set out below, Members who engage in a short term trading transaction in any Milestone Funds will be charged a fee equal to two percent of each amount transferred out of the Milestone Fund pursuant to a short term trade to a maximum of the aggregate amount transferred into the Milestone Fund within the previous 30 day period.
In addition, with respect to the Vantagepoint Model Portfolio Funds and the Vantagepoint Milestone Funds, VIA does not use non-public portfolio holdings information about underlying series to make asset allocation or rebalancing decisions for the Model Portfolio or Milestone Funds.
Savings also result from certain differences in the servicing needs of the Model Portfolio and Milestone Funds as shareholders in the underlying Series (e.g., the Model Portfolio and Milestone Funds generally require no supervision with respect to securities lending activities, and significantly fewer telephone support, internet site similar shareholder and related services).
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.
CLS and GFS shall pay the costs of the Acquiring Trust and the Milestone Funds directly related to the Reorganization on an equal basis.
In addition, the Milestone Funds shall supply a schedule of portfolio investments as of the Valuation Date.
He joined Cordros Asset Management in October 2018 as an equities portfolio manager and alongside the management of the Cordros Milestone Funds, he oversees discretionary and non-discretionary equity portfolios for both individuals and corporate clients.
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.
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 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.