Examples of Underlying Fund Manager in a sentence
The difference between the offer price and bid price in a Fund or Structured Product or Commodity is the bid-offer spread which is effectively a charge which you pay to the Underlying Fund Manager or Underlying Product Issuer or the Underlying Commodity Dealer, the spread will vary among different Funds and Structured Products and Commodity.
The difference between the offer price and bid price in a Fund or Structured Product or Commodity is the bid-offer spread which is effectively a charge which you pay to the Underlying Fund Manager, or Underlying Product Issuer or the Underlying Commodity Dealer, the spread will vary among different Funds and Structured Products and Commodity.
The SIPO, generally speaking, guides the type of investments that the Underlying Fund Manager will invest in on behalf of the Scheme.
In this regard, an Underlying Fund Manager may face a conflict of interest in valuing the securities, as their value will affect the Underlying Fund Manager’s compensation.
No assurance can be given that the strategies employed by the Underlying Fund Manager will be able to achieve the investment objective of the Underlying Fund or the Sub-Fund or achieve attractive returns.
In addition, the Underlying Fund Manager does not currently receive any soft dollars arising out of the management of the Underlying Fund.
The Index Provider has no obligation to take the needs of the Underlying Fund Manager or investors in the Underlying Fund into consideration in determining, composing or calculating the Index.
The performance of the Sub-Fund depends on the investment selection made by the Underlying Fund Manager.
The Underlying Fund Manager is granted a licence by the Index Provider to use the Index to create the relevant Underlying Fund based on the Index and to use certain trade-marks and any copyright in the Index.
When this happens, the weightings or composition of the Index Securities owned by the Underlying Fund will change as considered appropriate by the Underlying Fund Manager to achieve its investment objective.