Sentences with phrase «unit holders»

They raise capital to purchase primarily real estate assets, usually with a view to generate income for unit holders of the fund.

You could argue that a hurdle higher that the cash rate would be better for unit holders, and you would be right.

This natural liquidity is established when a sell order from an existing unit holder is matched with a buy order from a purchaser on the exchange.

Any profits made by the trust must be distributed to unit holders at the end of the financial year.

I saw an opportunity to improve the position of unit holders through our entry in the company, and the actions we were planning to undertake.

Plans offered by mutual fund companies that allow unit holders to receive payment from their investment at regular intervals.

It was a commercial transaction, intended for commercial gain, for unit holders and for myself.

For example, in a recent case, York Condominium Corporation No. 41 v. Schneider, 2015 ONSC 3919 (CanLII), the court declined to add the corporation's legal costs to the common expenses, concluding that «to have the (condominium corporation) and the other unit holders bear the legal costs of this application, which are incurred due to the conduct of (one misbehaving unit owner), would be unfair.»

Unit holders in its listed trust will not be eligible for the payment.

The primary investment objective of the Schemes is to generate long - term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in Manufacturing activity.

Their units trade on stock exchanges, but they flow much of their income through to unit holders as «distributions.»

Remaining unit holders should be pleased, right?

«If declared, the distribution to unit holders with respect to the first half of FY16 is expected to be paid in March 2016,» the company said.

That means unit holders and shareholders are likely to receive more than the estimated 75 cents return on investment indicated by MG based on the Saputo deal.

As bonds mature during the year leading up to the termination date, the proceeds will be reinvested in cash and cash - equivalents and when the ETF terminates, it will make a cash distribution to unit holders equivalent to the ETF's Net Asset Value.

Existing unit holder first transfers the desired subscription amount into our designated collection account (details given below)

The Scheme may also use various derivatives and hedging products from time to time, as would be available and permitted by SEBI, in an attempt to protect the value of the portfolio, limit downside and enhance Unit holders» interest.

Management is loath to let unit holders get any capital gains.

Fees and expenses tend to be accrued and paid daily so they're borne evenly and long - term unit holders are not penalized by short - term traders.»

BetaPro ETFs are rebalanced on a daily basis, so unlike traditional leverage strategies, which tend to use lending mechanisms such as margin, BetaPro ETF unit holders will not lose more than their initial investment.

Unit Holders wanted to know the nature of the un-renounceable rights issue.

The management took a more unit holder unfavorable decision to reduce their payout from annual distributable income from 100 % to 90 %.

New Ventures The Mills Corp., Arlington, Va., has entered into a five - year, $ 750 million capital commitment with the U.S. division of Munich - based Kan Am, a significant unit holder of the REIT and joint venture partner.

To the extent there was an altruistic outcome it was unintended, in that my interests were aligned with the interests of all other unit holders.

The primary investment objective of the Scheme is to generate long - term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services.

Examples of such circumstances are: When one or more stocks exchanges which provide a basis for valuation for a substantial portion of the assets of the fund are closed otherwise than for ordinary holidays When, as a result of political, economic, monetary or any circumstances out of our control, the disposal of the assets of the unit fund are not reasonable or would not reasonably be practicable without being detrimental to the interests of the remaining unit holders.

An Open - ended income scheme with the objective to generate regular income so as to make monthly payment or distribution to unit holders with the secondary objective being growth of capital.

Dear amruta, The dividend income received by a debt fund unit holder is also tax free.

Chairman John Spark said given the company's tenuous economic position, the sale was the best option for unit holders and shareholders.

During periods of extreme volatility of markets during which surrenders and switches would, in our opinion, be detrimental to the interests of the existing unit holders of the fund.

In June of this year, another REIT, BTB, graduated from TSXV to list on TSX after recording a 36.9 % increase in unit holders» equity in 2011.

Pursuant to the New LLC Agreement, Desert Newco will make pro rata tax distributions to its unit holders in an amount sufficient to fund their tax obligations in respect of the cumulative taxable income, reduced by cumulative losses, of Desert Newco that is allocated to them, to the extent previous tax

Unit holders of the Funds are not entitled to the protections of the 1940 Act.

The indicated rates of return do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unit holder that would have reduced returns.

When any unit holder redeems their units the mutual fund manager may sell securities to raise cash.

Selling these securities could create taxable gains that are shared among all unit holders — not just the redeeming unit holder.

Vanguard's unique ownership structure — the company is owned by its funds and in turn its unit holders — allows it to limit costs to about one - tenth of the industry average in the U.S..

He has written to Agriculture Minister Barnaby Joyce, urging him to support the call for Murray Goulburn to suspend returns to unit holders and direct the funds back to milk prices rather than increase farmers» debt levels.

Morgans analyst Belinda Moore said there has been no winners out of the situation but the deal has swung in favour of supplier farmers over unit holders.