Offshore Funds definition

Offshore Funds. Daily Dollar International, Ltd. N/A BVI Corp. U.S. Dollar Floating Rate Fund, Ltd. N/A BVI Corp. Daily Dollar International, Ltd. II N/A BVI Corp.
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Offshore Funds means (a) each Value Sub-Fund, (b) the Global Intrinsic Value Fund and (c) any other investment fund organized outside the U.S. which the Manager Member and the Management Board agree to treat as an Offshore Fund, and any successor entities thereto, in each case so long as the LLC or any Controlled Affiliate thereof is providing Investment Management Services to such investment fund. Whenever a provision of this Agreement refers to assets in an Offshore Fund, that reference shall not be deemed to include assets in an Offshore Fund which are managed without any compensation therefor.
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Offshore Funds means Tweedy, Browxx XXX Value Fund, Tweexx Xxxxxx Xxxernational Value Fund and Tweedy Browx Xxxernational Swiss Franc Fund, each a series of Tweedy, Browxx Xxxue Funds, a societe d'investissement a capital variable established under the laws of the Grand Duchy of Luxembourg, and Global Intrinsic Value Fund.
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Examples of Offshore Funds in a sentence

  • AMC has obtained no objection from SEBI for providing investment advisory service and investment management services to Offshore Funds.

  • IMD/DF3/OW/P/2019/12781/1 dated May 22, 2019, accorded it’s no objection to the AMC for providing management and advisory services to the Offshore Funds.

  • Where applicable, we would obtain “Reporting Fund” status from HM Revenue & Customs in the United Kingdom under the Offshore Funds (Tax) Regulations 2009 (“the Regulations”).

  • The UK offshore funds regime is now contained in the Offshore Funds (Tax) Regulations 2009 (Statutory Instrument 2009/3001).

  • AMC has appointed separate Fund Manager(s) for the same and back office is also segregated from Mutual Fund Back Office.AMC has obtained no objection from SEBI for providing investment advisory service and investment management services to Offshore Funds.

  • The Offshore Funds (Tax) Regulations 2009 provide that if an investor resident or ordinarily resident in the UK for taxation purposes holds an interest in an offshore fund and that offshore fund is a ‘non-reporting fund’, any gain accruing to that investor upon the sale or other disposal of that interest will be charged to UK tax as income and not as a capital gain.

  • Further, the AMC shall also provide investment management services, including dealing services to Offshore Funds from India in accordance with Regulation 24(b) of SEBI (Mutual Funds) Regulation, 1996.

  • Capital Gains Tax for Offshore Fundsz lTCG arising from transfer of the units of Mutual Fund purchased by the Offshore Funds (Overseas Financial Organizations) in foreign currency would be taxed at the rate of 10% (plus applicable surcharge and Health and education cess) under section 115AB of the Act.

  • He was overall Head of Deutsche Bank’s Offshore Funds business, including their hedge fund administration businesses primarily based in Dublin and the Cayman Islands, before assuming the role of Global Head of Deutsche’s Fund Servicing business worldwide.

  • On 1 December 2009, the UK Government enacted the Offshore Funds (Tax) Regulations 2009 (SI 2009/3001) which replaced the UK Distributor Status regime.


More Definitions of Offshore Funds

Offshore Funds means collectively the Offshore Fund, Offshore Fund II and Offshore Fund III.
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Offshore Funds means (a) each Value Sub-Fund, (b) the Global Intrinsic Value Fund and (c) any other investment fund organized outside the
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Offshore Funds means Tweedy, Browne USA Value Fund, Tweedy Browne International Value Fund and Tweedy Brown International Swiss Franc Fund, each a series of Tweedy, Browne Value Funds, a societe d'investissement a capital variable established under the laws of the Grand Duchy of Luxembourg, and Global Intrinsic Value Fund.
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Offshore Funds means PHARMA w/HEALTH, a mutual investment fund incorporated under the laws of the Grand-Duchy of Luxembourg.
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Related to Offshore Funds

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • own funds means the sum of Tier 1 capital and Tier 2 capital;

  • Loan Fund means the special fund created by the RECIPIENT for the repayment of the principal of and interest on the loan. “Loan Security” means the mechanism by which the RECIPIENT pledges to repay the loan.

  • Consumer account means an account established primarily for personal, family, or household use.

  • Enterprise Fund means the enterprise fund of the Recipient in which Revenues are deposited.