USD Units definition

USD Units means Units comprising the Class which is denominated in US Dollars;

USD Units means Units comprising the Class(es) which is/are denominated in US Dollars;

USD Units means Units issued as “USD Units” and comprising a Class the Class Currency of which is US Dollars

Examples of USD Units in a sentence

• Presently, the Manager intends to offer Class SGD Units and Class USD Units of the Fund in Singapore.

• Once total Underwriting Compensation paid on any Class A (USD) Unit, Class B (USD) Unit, Class C (USD) Unit, Class D (USD) Unit, Class A (GLD) Unit or Class B (GLD) Unit reaches 10% of the gross offering proceeds, the Class A (USD) Unit, Class B (USD) Unit, Class C (USD) Unit or Class D (USD) Unit will automatically be re-designated as Class E (USD) Units, and the Class A (GLD) Unit or Class B (GLD) Unit will automatically be re-designated as Class C (GLD) Units.

• Source: Bloomberg.* Inception Dates: 19 September 2011 (Class A SGD Units and Class I SGD Units) / 17 June 2013 (Class A USD Units) / 29 April 2014 (Class I USD Units)** Performance is calculated on a NAV-NAV basis, taking into account the subscription fee of 3%, with all dividends and distributions reinvested (net of reinvestment charges).

• Class SGD Units and Class USD Units aim to distribute part or all of its distributable income on a quarterly basis.

• Partial realisation of Units in the Sub-Fund or Class of the Sub-Fund must be of at least 100 Units, subject to a minimum holding (“Minimum Holding”) of (i) 100 Units for Class A SGD Units and Class A USD Units; and (ii) 100,000 Units for Class I SGD Units and Class I USD Units or such other number of Units as the Managers may from time to time prescribe and subject to the Managers’ sole discretion upon giving prior notice to the Trustee.

• The Listed CAD Units and Listed USD Units are listed on the TSX under the symbol ZPW and ZPW.U, respectively.

• Class A SGD Units and Class A USD Units are offered to investors who invest SGD100 or USD100 and above respectively and Class I SGD Units and Class I USD Units are offered to investors who invest SGD100,000 or USD100,000 and above respectively.

• Currently, the Managers are offering 4 Classes of Units, namely Class A SGD Units, Class A USD Units, Class I SGD Units and Class I USD Units for the Sub-Fund.

• The switching fee applicable to switching of Class A – HKD Units and Class A – USD Units of the Sub-Fund is as follows: Applicable to Class A – HKD Units and Class A – USD Units * If Units are switched from a Money Market Sub-Fund, those Units of that Money Market Sub-Fund in relation to which no initial charge has ever been levied will be redeemed first and an initial charge (instead of the 1% switching fee) will be levied in respect of such Units as a result of the switching.

• The Units of each Series Trust shall, in this Offering Memorandum, be referred to as USD Units, EUR Units, JPY Units and AUD Units, respectively.

More Definitions of USD Units

USD Units means the U.S. dollar denominated units of Brompton Global Healthcare Income & Growth ETF, Brompton Tech Leaders Income ETF, Brompton Flaherty & Crumrine Investment Grade Preferred ETF, Brompton North American Financials Dividend ETF and Brompton Flaherty & Crumrine Enhanced Investment Grade Preferred ETF.

USD Units means Units comprising the Class which is denominated in US dollar;

USD Units means the U.S. dollar denominated Units offered by Brompton North American Low Volatility Dividend ETF.

USD Units means the U.S. dollar denominated units offered by Brompton Flaherty & Crumrine Investment Grade Preferred ETF and Brompton North American Financials Dividend ETF.

USD Units means the U.S. dollar denominated units offered by HIG and TLF.

USD Units means the U.S. dollar denominated units offered by the Brompton ETF.