Soft Dollars means arrangements under which products or services, other than the execution of securities transactions, are obtained from or through a broker in exchange for the direction by the Insurer of transactions to the broker. Soft dollars include research and advisory services, economic and political analyses, portfolio analyses, market analyses, data and quotation services, and computer hardware and software used for and/or in support of the investment process of the Insurer.
Soft Dollars means brokerage transactions and/or payment of a portion of client commissions that BBH directs to specific brokers or dealers or other providers to pay for research or other appropriate services which provide, in BBH’s view, appropriate assistance to BBH in the investment decision-making process.
Soft Dollars means goods, services or other soft dollar benefits, which may include (amongst other things) research and advisory services, economic and political analysis, portfolio analysis (including valuation and performance measurement), market analysis, data and quotation services, computer hardware and software incidental to the above goods and services, clearing and custodian services and investment-related publications;
Examples of Soft Dollars in a sentence
Brokerage Commissions and Soft Dollars The Manager may select brokerages who charge a commission in soft dollars if they determine in good faith that the commission is reasonable in relation to the order execution and research services utilized.
Employees should refer to the following policies and procedures in the Compliance Manual not included in this Code of Ethics: Privacy Policy, Brokerage and Trading, Soft Dollars, and Advertising.
For more information, see Holland Capital’s Policies and Procedures Concerning Brokerage Practices and Policies and Procedures Relating to Soft Dollars and Directed Brokerage.
If Soft Dollars are used in the account, a quarterly report of Soft Dollar usage is required to be delivered to the Component Investment Officer.
Soft Dollars Soft dollars are defined as arrangements under which products or services other than the execution of securities transactions are obtained by an adviser from or through a broker-dealer in exchange for the direction of securities trades to the broker-dealer.
More Definitions of Soft Dollars
Soft Dollars. Each of the General Partner and the Investment Advisor are entitled to use “soft dollars” generated by the Partnership to pay for certain of its (and its Affiliates) own operating and overhead costs, including payment of all or a portion of the General Partner’s and Investment Advisor’s (and their Affiliates’) costs and expenses of operation such as research and brokerage products and services (including market data terminals, risk management services and order management systems) that fall within Section 28(e) of the Exchange Act, legal and accounting fees, quotation services, periodical subscription fees and all other trading related expenses. Use of “soft dollars” by the General Partner or the Investment Advisor as described herein does not constitute a breach by the General Partner or Investment Advisor of any fiduciary or other duty which the General Partner or Investment Advisor may be deemed to owe to the Partnership or its Partners.
Soft Dollars. A provision of the Proposed Advisory Agreement explicitly allows KeyCorp Advisers to select brokers or dealers who also provide brokerage and research services (as those terms are defined in Section 28(e) of the Securities Exchange Act of 1934) to KeyCorp Advisers, the Funds and/or the other accounts over which KeyCorp Advisers exercises investment discretion, and provides that KeyCorp Advisers may pay a broker or dealer who provides such brokerage and research services a commission for executing a portfolio transaction for a Fund which is in excess of the amount of commission another broker or dealer would have charged for effecting that transaction if KeyCorp Advisers determines in good faith that the total commission is reasonable in relation to the value of the brokerage and research services provided by such broker or dealer, viewed in terms of either that particular transaction or the overall responsibilities of KeyCorp Advisers with respect to accounts over which it exercises investment discretion. Aggregation of Orders. There is also a clarification of the authority of KeyCorp Advisers to aggregate the securities to be sold or purchased with those of other Funds or its other clients if, in KeyCorp Advisers' reasonable judgment, such aggregation will result in an overall benefit to a Fund, taking into consideration the advantageous selling or purchase price, brokerage commission and other expenses, and trading requirements. 13 18
Soft Dollars means credits offered to the Investment Manager by financial firms in connection with trading activity, which credits may be used to pay for various products and services from such financial firms.
Soft Dollars shall have the meaning specified in the definition of “Soft Dollar Restrictive Event” in this Section 1.1.
Soft Dollars means the use of commissions generated by trades to pay for goods and services provided by a brokerage firm.
Soft Dollars means an agreement in which products or services, in addition to the execution of orders, are obtained by a manager or through a brokerage firm in exchange for directing client operation orders to the brokerage firm. Investment managers who receive such products or services generally pay commissions from brokerage firms above those that would be charged solely for execution. Using Soft Dollars to purchase products and services may create a conflict of interest.
Soft Dollars. With respect to the IIF, the use of soft dollar arrangements is discouraged and may only be used with Ford's written approval.