Repurchase Charge definition

Repurchase Charge means, in respect of a Fund, the charge payable (if any) on the repurchase of Shares as specified in the Supplement for the relevant Fund;

Repurchase Charge means the charge, if any, to be paid out of the Repurchase Price which Shares may be subject to, as described under “Share Dealings - Repurchase of Shares”. No Repurchase Charge will be applicable unless otherwise set out in the relevant Supplement;

Repurchase Charge. : means a fee payable pursuant to a repurchase request.

Examples of Repurchase Charge in a sentence

• Shareholders may redeem their Shares on a Dealing Day at the Repurchase Price which shall be the Net Asset Value per Share, less Repurchase Charge, if any and any applicable duties and charges (save during any period when the calculation of the Net Asset Value is suspended).

• The Directors may levy a Repurchase Charge of up to 3% of the Net Asset Value per Share.

• Shareholders may be subject to a Repurchase Charge up to a maximum of 3% of repurchase monies, as specified in the relevant Supplement.

• The difference at any one time between the subscription price (to which may be added a Preliminary Charge) and the Repurchase Price (from which may be deducted a Repurchase Charge) and the possible imposition of an Anti-Dilution Levy means that an investment should be viewed as medium to long-term.

• The possible imposition of a Repurchase Charge and/or an Anti-Dilution Levy, and the difference at any one time between the sale and repurchase price of shares in a Fund, means that an investment should be viewed as medium to long term.

More Definitions of Repurchase Charge

Repurchase Charge means a charge upon the repurchase or redemption of a Unit of such amount as may from time to time be fixed by the Manager generally or in relation to any specific or class of transaction Provided That it shall not exceed two per cent. (or such other percentage as the Manager and the Trustee may agree) of the repurchase price (being an amount equal to the Market Price of the relevant Unit, on the day of acceptance of the Manager’s offer, less the Repurchase Charge and less an amount to adjust the resultant total downwards to the nearest whole cent) (excluding the Repurchase Charge) at the time the request for repurchase or redemption of the Unit is accepted by the Manager; such expressions in the context of a given date shall refer to the charge or charges fixed by the Manager pursuant to the Trust Deed and applicable on that date, Provided That this charge shall not apply while the Units are listed.

Repurchase Charge means in respect of a Fund, the charge (which is inclusive of fiscal and sales charges, if any) payable (if any) on the repurchase of Shares as specified in the relevant Supplement;

Repurchase Charge means the charge levied, if any, on the redemption and repurchase of

Repurchase Charge means a charge on the repurchases of Class F Income Shares ofthe Old Mutual Islamic Global Equity Fund of up to 3 per cent of the repurchase price which may be charged to a Shareholder if they make a repurchase within 3 years of their initial investment;

Repurchase Charge means in respect of a Fund the charge payable, if any, on a repurchase of Shares as is specified in the Supplement for the relevant Fund provided that it shall not exceed 3% Net Asset Value of the relevant Fund.

Repurchase Charge means the charge, if any, to be paid out of the Repurchase Price

Repurchase Charge means the charge, if any, (which shall not exceed 3%) to be paid out of the Repurchase Price which Shares may be subject to, as described under “Share Dealings - Repurchase of Shares – Repurchase Price” and specified in the relevant Supplement;