Underlying Fund Shares definition

Underlying Fund Shares means uncertificated shares of registered “investment companies” (as defined in Section 3(a)(1) of the 1940 Act), whether in the same “group of investment companies” (as defined in Section 12(d)(1)(G)(ii)of the 0000 Xxx) or otherwise excluded from the restrictions imposed by Section 12(d)(1), including pursuant to Section 12(d)(1)(E) and (F), of the 1940 Act.
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Underlying Fund Shares means uncertificated shares of registered "investment companies" (as defined in Section 3(a)(1) of the 1940 Act), whether in the same "group of investment companies" (as defined in Section 12(d)(1)(G)(ii)of the 1940 Act) or otherwise excluded from the restrictions imposed by Sectiox 00(x)(1), including pursuant to Section 12(d)(1)(E) and (F), of the 1940 Act.
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Underlying Fund Shares means the up to EUR 100,000,000 of Class I Shares in Smart Global Defence Zero Coupon Fineco AM Fund II, a sub-fund of FAM SERIES UCITS ICAV, due 4 July 2030 held by the Company.
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Examples of Underlying Fund Shares in a sentence

  • The records of the Custodian with respect to Underlying Fund Shares which are maintained with the Underlying Transfer Agent shall identify by book-entry those Underlying Fund Shares belonging to each Portfolio.

  • The Custodian shall hold and physically segregate for the account of each Portfolio all non-cash property, to be held by it in the United States, including all Domestic Securities owned by such Portfolio other than (i) securities which are maintained pursuant to Section 3.5 in a U.S. Clearing System and (ii) Underlying Fund Shares owned by each Fund which are maintained pursuant to Section 3.7 hereof in an account with the Underlying Transfer Agent.

  • Underlying Fund Shares shall be deposited and/or maintained in an account or accounts maintained with the Underlying Transfer Agent, provided that such securities are maintained in an account or accounts on the books and records of the Underlying Transfer Agent in the name of the Custodian as custodian for the Portfolio.

  • With respect to Underlying Fund Shares, the holding of confirmation statements that identify the shares as being recorded in the Custodian’s name on behalf of the Portfolios will be deemed custody for purposes hereof.

  • With respect to Underlying Fund Shares, the holding of confirmation statements that identify the shares as being recorded in the Custodian's name on behalf of the Portfolios will be deemed custody for purposes hereof.

  • Underlying Fund Shares shall be deposited and/or maintained in an account or accounts maintained with the Underlying Transfer Agent, provided that such securities are maintained in an account or accounts on the books and records of the Underlying Transfer Agent in the name of the Custodian or its nominee as custodian for the Portfolio.

  • The Custodian shall hold and physically segregate for the account of each Portfolio all non-cash property, to be held by it in the United States, including all Domestic Securities owned by such Portfolio other than (i) securities which are maintained pursuant to Section 3.5 in a U.S. Clearing System and (ii) Underlying Fund Shares owned by the Fund which are maintained pursuant to Section 3.7 hereof in an account with the Underlying Transfer Agent.

  • The Fund may be subject to the FIF regime in respect of the shares in the Underlying Fund (Shares) held by the Fund.As a result of the manner in which the Responsible Entity intends to manage the Fund, the Fund should not be subject to the FIF regime, as it is unlikely that the Fund will hold FIF assets at the end of each financial year.

  • The trading prices of Underlying Fund Shares in the secondary market may differ from the Underlying Fund’s daily net asset value per share and there may be times when the market price of the shares is more than the net asset value per share (premium) or less than the net asset value per share (discount).

  • The value of Underlying Fund Shares may be more volatile than the values of shares of more diversified funds.


More Definitions of Underlying Fund Shares

Underlying Fund Shares means the up to EUR 100,000,000 of Class I Shares in Dynamic Profile Fineco AM Fund, a sub-fund of FAM SERIES UCITS ICAV, due 23 August 2027 held by the Company.
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Related to Underlying Fund Shares

  • Underlying Securities means any securities issuable on conversion, exchange or exercise of compensation securities.

  • Matching Funds means the amount and nature of the moneys or resources to be used by the Local Political Subdivision or Nonprofit Organization for the Project. Such funds shall constitute not less than twenty-five percent (25%) of the total Cost of Project set forth in Appendix D and may consist of money by any person, any Local Political Subdivision, the State of Ohio, or the federal government or of contributions in-kind by such parties through purchase or donation of equipment, land, easements, labor, or materials necessary to complete the Project.

  • Underlying Shares means the shares of Common Stock issued and issuable upon conversion or redemption of the Debentures and upon exercise of the Warrants and issued and issuable in lieu of the cash payment of interest on the Debentures in accordance with the terms of the Debentures.