Examples of Nominated Fund in a sentence
The net balance of the redemption proceeds after making the deductions mentioned in clause 8.8 shall be applied by the Trustee in creating and issuing to the Member new Units or interests in the Nominated Fund.
An employer shall make application to the Employer Nominated Fund to become a participating employer in the fund and shall become a participating employer upon acceptance by the trustee of the fund.
If the Nominated Fund is a Unitised Fund, the number of Units in the Nominated Fund so created and issued shall be that number which is derived after dividing the net balance so derived by the Issue Price of a Unit in that Fund.
On any Phasing Date if the number of Units or the amount left in any of your Nominated Funds is insufficient to meet the phased investment option in full, then we will only phase invest the remaining Units or amount left in your Nominated Funds.The phased investment option will automatically stop for a Nominated Fund once the number of Units or the amount left in that Nominated Fund has been exhausted.
Endeavour will make application to the Employer Nominated Fund to become a participating employer in the fund and will become a participating employer upon acceptance by the trustee of the fund.
A director of the Company having funds under management must advise the Nominated Fund Manager of any directorships he or she holds, and of the duty to comply with this Policy.
To the extent that a Relevant Person places investment funds under professional management, discretionary or otherwise, that Relevant Person is required to ensure that the manager of each such investment fund ( Nominated Fund Manager) complies with the same restrictions and procedures in the Policy that the Relevant Person is required to comply with in respect of any proposed dealings in the Company’s Securities.
An Employee may nominate any Complying Fund as their Nominated Fund.
If an Employee does not nominate a Nominated Fund before the end of the last pay period of their first month of employment, the Employer will deposit their superannuation guarantee funds into the Default Fund.
On any Phasing Date if the number of Units or the amount left in any of your Nominated Funds is insufficient to meet the phased investment option in full, then we will only phase invest the remaining Units or amount left in your Nominated Funds.The phased investment option will automatically stop for a Nominated Fund once the numberof Units or the amount left in that Nominated Fund has been exhausted.