SMA Account definition

SMA Account a wrap fee account, separately managed account or other investment account advised or subadvised by Company.
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Examples of SMA Account in a sentence

  • It is important to note that where you have a margin loan and have granted security for that loan to your lender over securities in your SMA Account, your Eligible Platform is not obliged to act on your instructions in respect of these securities in your SMA Account without the lender’s permission.

  • Your lender is likely to have certain rights as a mortgagee over some or all of the securities in your SMA Account that are held by the appointed custodian.

  • Please note that the ‘do not hold’ customisations will not be applied within the Managed Funds held within your SMA Account.

  • Once we have received your customisations, we will endeavour to apply those customisations to your SMA Account as soon as reasonably practicable.

  • You may choose to tailor your SMA Account by applying a ‘do not hold’ customisation to the SMA Model Portfolio(s) you are, and will be, invested into.

  • It may also result in additional transactions in your SMA Account and a cash weighting that differs from the SMA Model Portfolio(s).

  • Funding your SMA Account You can fund your SMA Account with cash from your Platform Account or in some instances, by transferring an existing portfolio of securities from your Platform Account, a margin loan, or a combination of these.

  • By doing so, the administrative burden of direct ownership is removed, providing you with consolidated reports detailing activity on your SMA Account – you are not entitled to shareholder benefits such as discount cards, nor will you be able to vote at shareholder meetings.

  • Beneficial ownership The most significant feature of the SMA is the beneficial ownership of the investments held in your SMA Account.

  • The cash holdings within your SMA Account are paid into accounts held in the name of the custodian.

Related to SMA Account

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Investment Account As defined in Section 3.12(a).

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • Regular account means the account established for each active and inactive member un-

  • frozen account means an account with a relevant institution which is held or controlled (directly or indirectly) by a designated person;

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Transfer Account means the account established hereunder to which amounts transferred to this Plan from a direct plan-to-plan transfer in accordance with Section 4.7 are allocated.

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Client Account means the unique personalised account of the Client consisting of all Completed Transactions, Open Positions and Orders in the Trading Platform, the balance of the Client money and deposit/withdrawal transactions of the Client money.

  • Transferred Account means each account into which an Account is transferred, provided that (i) such transfer is made in accordance with the Credit Card Guidelines and (ii) such account can be traced or identified as an account into which an Account has been transferred.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Unallocated Account means the portion of the Trust to which Employer Contributions are made during the Plan Year, in which shares of Company Stock will be held prior to allocation to Participant Accounts, to which dividends paid on such shares of Company Stock will be paid, and from which will be paid expenses of the Plan and Under-Payment Expenses as defined in Section 3.5.

  • Separate Accounts means the accounts which are to be prepared for each