Permissible Investment definition
Examples of Permissible Investment in a sentence
The fees stated in this Service Agreement take into consideration the Core Permissible Investment options selected by the Employer in this Service Agreement and include up to 20 Permissible Investment options with no additional annual fee.
Pending application, forfeitures shall be held in the Permissible Investment selected by the Employer for such purpose or, absent Employer selection, in the most conservative Permissible Investment designated by the Employer in the Service Agreement.
The Fidelity Freedom funds collectively shall each count as one Core Permissible Investment option.
The annual fee for excess Core Permissible Investment options shall be billed or charged quarterly in arrears and paid by the Employer.
Unless specifically indicated otherwise within this Appendix A, Appendix E, or an amendment to this Agreement, purchases, sales and exchanges of each Permissible Investment option are controlled by that Permissible Investment’s prospectus or other governing document(s).