Common use of Application of Income Clause in Contracts

Application of Income. The success of a UCITS results from the net income and the realised gains. The management company can distribute the profits from a UCITS or share class to the investors of this UCITS or share class, or reinvest it in the respective UCITS or share class.

Appears in 3 contracts

Sources: Trust Agreement, Trust Agreement, Trust Agreement

Application of Income. The success of a UCITS results from the net income and the net realised gains. The management company can distribute the profits from a UCITS or share class to the investors of this UCITS or share class, or reinvest it in the respective UCITS or share classclass (plough back).

Appears in 2 contracts

Sources: Trust Agreement & Prospectus, Trust Agreement & Prospectus

Application of Income. The success of a UCITS results from the net income and the realised gains. The management company can distribute the profits from a UCITS or share class to the investors of this UCITS or share class, or reinvest it in the respective UCITS or share classclass (plough back).

Appears in 2 contracts

Sources: Trust Agreement, Trust Agreement