Underlying Investments definition

Underlying Investments means those funds or other investment vehicles in which the assets of the Investment Options are invested.

Underlying Investments means the mutual funds, exchange-traded funds, bank products and any other investments in which assets of the plan are invested through the investment options.

Underlying Investments means the underlying investment funds that the Investment Options invest in and include mutual funds, bank savings accounts, separately managed accounts and other investment vehicles. Account owners do not own shares of the Underlying Investment directly, but rather own shares in an Investment Option. UTMA means Uniform Transfers to Minors Act.

Examples of Underlying Investments in a sentence

• Each of the Fund and the Custodian further agrees that the holding by the Custodian of confirmation statements which identify Underlying Investments as being recorded in the Custodian’s name for the benefit of the Fund or in a nominee name of the Custodian for the benefit of the Fund, shall be deemed to constitute the custody by the Custodian of such Underlying Investments for purposes of this Agreement.

• The Accounts will indirectly bear the expenses charged by the Underlying Investments.

• Your money will be used to purchase shares of Underlying Investments.

• You acknowledge and agree that each of the Underlying Investments also may have investment management fees and other expenses, which will be disclosed or made available on an annual basis.

• The Portfolios invest in Underlying Investments so the Portfolio’s investment performance and risks are directly related to the performance and risks of the Underlying Investments.

More Definitions of Underlying Investments

Underlying Investments means the underlying investments (e.g., mutual funds) for the Investment Options established by the Board.

Underlying Investments are securities / instruments in which the assets of the Fund are invested.

Underlying Investments means the underlying investment funds that the Portfolios invest in and may include mutual funds, ETFs, separately managed accounts, bank deposits, and other investment vehicles. Unit means an ownership interest in a Portfolio that is purchased by making a contribution to an Account. UGMA means Uniform Gifts to Minors Act. UTMA means Uniform Transfers to Minors Act.

Underlying Investments means the investments held by each of the Funds we offer. The types of investments permitted in each Fund are as specified in the relevant Key Investor Information Document/Key Information Document and the Prospectuses.

Underlying Investments means, in respect of any Investee Fund Interest of Borrower, the investments and portfolio companies underlying such Investee Fund Interest.

Underlying Investments means assets whose value for the time being determines the then surrender or maturity value of an Authorised Policy under the terms of that Policy.

Underlying Investments means each Series’ investment program.