Reference Fund definition

Reference Fund means each fund in the Funds Basket, as further described and defined in Schedule 2 (The Reference Portfolio);

Reference Fund means, with respect to a Reference Share, the Reference Fund specified on the cover page of the relevant Pricing Supplement. Following an All-Share Merger Event with respect to the Reference Fund of any Reference Share, the applicable “Reference Fund” shall refer to the fund related to the New Reference Shares.

Reference Fund has the meaning set forth in the Contractual Terms;

Examples of Reference Fund in a sentence

• Reference Fund Units Some Funds can invest in units of other investment funds ("reference funds") whose investment policies permit investments in vehicles such as bonds, stocks or other fund units.

• In addition, if a Fund invests in another mutual fund, it will not pay duplicate sales charges or redemption fees with respect to the purchase or redemption by it of securities in the Reference Fund.

• In order to avoid duplication of management fees, if a Fund invests directly in a Reference Fund managed by IA Clarington or an affiliate it may purchase Series I Securities (or the equivalent) of the Reference Fund and will not be charged a management fee or a fixed expense charge in respect of those securities.

• In addition, investors should understand that the historical performance of the Reference Fund should not be viewed as predictive of future results.

• The Issuer shall be under no obligation to make or hold, directly or indirectly, investments in the Reference Fund.

More Definitions of Reference Fund

Reference Fund means a collective investment fund or an unregulated fund in respect of which the Operator is appointed to provide Relevant FSB Services;

Reference Fund means the MB Balanced Growth Fund, a pooled fund managed by McLean Budden Limited, subject to reallocation of the Portfolio assets in certain circumstances. See "Description of the Notes – Reallocation".

Reference Fund means the fund Amundi CPR Climate Action.

Reference Fund means the iShares® CDN S&P®/TSX® 60 Index Fund (as described in this Pricing Supplement under “Reference Fund”).

Reference Fund is a portfolio managed by the Investment Manager that is not an Underlying Fund but that has substantially similar objectives, guidelines, restrictions, and investment team as an Underlying Fund. Each Reference Fund that is used to calculate an Underlying Class Reference Rate for the current Contract Year is set forth on Schedule A attached hereto.

Reference Fund means Franklin Templeton Investment Funds - Templeton Asian Smaller Companies Fund (ISIN: LU0390135332, Bloomberg ticker: TEMASAU LX);

Reference Fund means NAU Fund Inc..