Unit Trust Fund definition

Unit Trust Fund means the fund comprising the income and other property held by the trustee for the scheme;

Unit Trust Fund means a fund under which the property is held on trust for the participants.

Unit Trust Fund means a form of collective investments that allow investors with similar objectives to pool their savings which are then invested in a portfolio of shares or other assets managed by professional fund managers, which includes Conventional Unit Trust Fund and Shariah Compliant Unit Trust Fund.

Examples of Unit Trust Fund in a sentence

• The number of units in your Unit Trust Fund depends on how much money you contribute and what the unit price is when the units are purchased.

• Each unit represents a direct proportionate interest in every underlying asset of the Unit Trust Fund.

• The single price per unit reflects the total assets of a Unit Trust Fund, less permissible deductions, divided by the number of units in issue.

• Unit Trust Fund prices are calculated on a Net Asset Value (NAV) basis.

• The assets into which investors’ money is placed are governed by the mandate of the Unit Trust Fund and are selected and managed by a professional Manager.

• You may elect to gradually invest your initial investment into your selected Investment Portfolios from the Hollard Prime Money Market Unit Trust Fund by means of a fixed instalment phase-in over a 3, 6, 9 or 12 month period.

• This risk can be mitigated through diversification in investments and investment sanctions outlined by the Unit Trust Fund Guidelines and based on Shariah Principles.

• Ring-fencing makes sure that the sale of a large number of units will not force the Manager to sell the underlying assets at a price which could negatively affect Investors in the Unit Trust Fund.

• It is caused by the large sale of units above a certain threshold in a Unit Trust Fund.

• The A65F invests solely into an APIF (the Manulife Age 65 Plus Unit Trust Fund), which, in turn, invests as a feeder fund into an underlying APIF, currently the Vanguard Income Fund (the “second level APIF”).

More Definitions of Unit Trust Fund

Unit Trust Fund means a fund under which the property is held on trust for the participants. “warning notice” means a notice prepared in accordance with section 67J. 38

Unit Trust Fund means a form of collective investments that allow investors with similar objectives to pool their savings which are then invested in a portfolio of shares or other assets managed by professional fund managers, which includes Conventional Unit Trust Fund and Shariah Compliant Unit Trust Fund. Words denoting person shall include living persons and, if and where applicable, body or persons incorporated or unincorporated. Words importing the singular shall also include the plural and vice-versa. Words importing the masculine gender shall include the feminine and neuter gender. Conventional terminologies are applicable to AmBank product, whilst Islamic terminologies are applicable to AmBank Islamic product.

Unit Trust Fund means all cash and other assets for the time being held, or which are intended or deemed to be held, by the Project 77 Trustees under the terms of the Unit Trust Instrument.

Unit Trust Fund means all the assets of the Unit Trust from time to time.

Unit Trust Fund or “Unit Trust Funds” means Investors Canadian Balanced Fund, Investors Core Canadian Equity Fund, IG Templeton International Equity Fund, Investors International Equity Fund, Investors Greater China Fund, Alto Conservative Portfolio, Alto Moderate Conservative Portfolio, Alto Moderate Portfolio, Alto Moderate Aggressive Portfolio, Alto Moderate Aggressive Canada Focus Portfolio, Alto Aggressive Portfolio, Alto Aggressive Canada Focus Portfolio, Alto Monthly Income Portfolio, Alto Monthly Income and Growth Portfolio, Alto Monthly Income and Enhanced Growth Portfolio, Allegro Income Portfolio, Allegro Income Balanced Portfolio, Allegro Balanced Portfolio, Allegro Balanced Growth Portfolio, Allegro Growth Portfolio, Allegro Moderate Aggressive Canada Focus Portfolio and Allegro Aggressive Canada Focus Portfolio.

Unit Trust Fund or “Unit Trust Funds” means the mutual funds established by means of (or continued under) the Master Declaration of Trust dated October 7, 2007 (as amended) or in the case of the iProfile Fixed Income Pool, under a Declaration of Trust dated January 4, 2001 (as amended) and for which I.G. Investment Management, Ltd. is the Trustee.