Underlying Portfolios definition

Underlying Portfolios means a group of investment companies as defined in Section 12(d)(1)(F) of the 1940 Act.
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Underlying Portfolios means a group of investment companies as defined in Section 12(d)(1)(F) of the 1940 Act. Information Classification: Limited Access
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Underlying Portfolios means collective investment vehicles with uncertificates shares or interests.
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Examples of Underlying Portfolios in a sentence

  • With respect to uncertificated shares (the "Underlying Shares") of registered investment companies (hereinafter sometimes referred to as the "Underlying Portfolios"), 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.

  • The Underlying Transfer Agent, acting in its capacity as transfer agent for any Underlying Portfolios, shall not be deemed an agent or sub-custodian of the Custodian for purposes of this Section 2.7 or any other provision of this Agreement.

  • Department of the Treasury (each, a "U.S. Securities System") and (b) the Underlying Shares owned by each Fund which are maintained pursuant to Section 2.14 in an account with State Street Bank and Trust Company or such other entity which may from time to time act as a transfer agent for the Underlying Portfolios and with respect to which the Custodian is provided with Proper Instructions (the "Underlying Transfer Agent").

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

  • There is little risk that the Direct Funds' adviser(s) will exercise inappropriate control over the Underlying Portfolios, which are part of the same "group of investment companies." Similarly, because the Direct Funds, together with their affiliates, will be limited by section 12(d)(1)(F) to acquiring no more than 3% of the total outstanding stock of any Other Portfolio, there is little risk that the Direct Funds' adviser(s) will be in a position to exercise inappropriate control over any Other Portfolio.

  • Underlying Portfolios that have experienced significant redemptions may, as a result, have higher expense ratios than other portfolios pursuing similar strategies.

  • The investor is subjected to the dual sales load only where both the fund holding company and its portfolio investment companies are open-end, load funds."2 The proposed structure of the Direct Funds addresses this issue by committing that the Direct Funds will pay no front-end or contingent deferred sales charge in connection with the purchase or redemption of shares of the Underlying Portfolios.

  • The services provided by the adviser to the Direct Funds will be in addition to and not duplicative of those provided by the adviser(s) to the Underlying Portfolios.

  • The prospectus and statement of additional information for each Direct Fund will describe the Direct Fund's permissible investments in Underlying Portfolios, as well as stocks, bonds and other securities, including money market instruments and shares of Other Portfolios.

  • The Trust confirms that the principal risks of the Underlying Portfolios are included in “Risks Associated with Underlying Portfolios” and “More About Investment Strategies & Risks,” as appropriate.


More Definitions of Underlying Portfolios

Underlying Portfolios means a group of investment companies as defined in Section 12(d)(1)(F) of the 0000 Xxx. Xxxxx Xxxxxx: General
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Underlying Portfolios means, together, the Managed Futures Portfolio and the Broad Commodity Portfolio;
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Related to Underlying Portfolios

  • Underlying Assets With respect to a Loan, any property or other assets designated and pledged as collateral to secure repayment of such Loan, including, without limitation, to the extent provided for in the relevant Underlying Instruments, a pledge of the stock, membership or other ownership interests in the related Obligor and all Proceeds from any sale or other disposition of such property or other assets.

  • Current Portfolio At any time, the portfolio of Collateral Obligations and Cash and Eligible Investments representing Principal Proceeds (determined in accordance with Section 1.3 to the extent applicable), then held by the Issuer.

  • Mortgage Receivable means a promissory note secured by a Mortgage of which the Parent, the Borrower or another Subsidiary is the holder and retains the rights of collection of all payments thereunder.

  • Portfolio Asset means an asset of an investment fund;

  • Pool means a voluntary arrangement, established on an ongoing basis, pursuant to which two or more insurers participate in the sharing of risks on a predetermined basis. The pool may operate through an association, syndicate, or other pooling agreement.

  • Collateral Portfolio means all right, title, and interest (whether now owned or hereafter acquired or arising, and wherever located) of the Borrower in the property identified below in clauses (i) through (iv) and all accounts, cash and currency, chattel paper, tangible chattel paper, electronic chattel paper, copyrights, copyright licenses, equipment, fixtures, contract rights, general intangibles, instruments, certificates of deposit, certificated securities, uncertificated securities, financial assets, securities entitlements, commercial tort claims, deposit accounts, inventory, investment property, letter-of-credit rights, software, supporting obligations, accessions, or other property consisting of, arising out of, or related to any of the following (in each case excluding the Retained Interest and the Excluded Amounts):

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

  • Mortgage Loan shall have the meaning assigned to such term in the recitals.

  • CREFC® Servicer Watch List/Portfolio Review Guidelines As of each Determination Date a report, including and identifying each Performing Serviced Loan satisfying the “CREFC® Portfolio Review Guidelines” approved from time to time by the CREFC® in the “CREFC® Servicer Watch List” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form (including other portfolio review guidelines) for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Underlying Instruments The loan agreement, credit agreement, indenture or other agreement pursuant to which a Loan or Permitted Investment has been issued or created and each other agreement that governs the terms of or secures the obligations represented by such Loan or Permitted Investment or of which the holders of such Loan or Permitted Investment are the beneficiaries.

  • Mortgage Loan Schedule shall have the meaning assigned to such term in the recitals.

  • Mortgage Loans Such of the mortgage loans transferred and assigned to the Trustee pursuant to the provisions hereof as from time to time are held as a part of the Trust Fund (including any REO Property), the mortgage loans so held being identified in the Mortgage Loan Schedule, notwithstanding foreclosure or other acquisition of title of the related Mortgaged Property.