Institutional Class Shares Clause Samples
The Institutional Class Shares clause defines a specific class of shares within an investment fund or mutual fund that is intended for institutional investors, such as pension funds, endowments, or large corporations. These shares typically feature lower expense ratios and may require higher minimum investments compared to retail share classes. By distinguishing Institutional Class Shares, the clause ensures that large-scale investors receive cost efficiencies and tailored terms, while also helping the fund manage its investor base and operational costs more effectively.
Institutional Class Shares. All Asset Portfolio All Asset All Authority CommodityRealReturn Strategy Portfolio Diversified Income Portfolio Emerging Markets Bond Portfolio Foreign Bond Portfolio (Unhedged) Foreign Bond Portfolio (U.S. Dollar-Hedged) Global Bond Portfolio (Unhedged) High Yield Portfolio Long-Term U.S. Government Portfolio Low Duration Portfolio Money Market Portfolio Real Return Portfolio RealEstateRealReturn Strategy Portfolio Short-Term Portfolio StocksPLUS® Growth and Income Portfolio StocksPLUS® Total Return Portfolio Total Return Portfolio Total Return Portfolio II
Institutional Class Shares. The offering price of the Institutional Class Shares of a Fund shall be the net asset value (as described in the Master Trust Agreement of the Trust, as amended from time to time and determined as set forth in the Prospectus of such Fund and the Statement of Additional Information) per Share for that Fund next determined following receipt of an order. The Institutional Class Shares shall be sold without any initial sales charge or CDSC to investors who meet the eligibility requirements set forth in a Fund's Prospectus and the Statement of Additional Information.
Institutional Class Shares. The Fund will pay to Nashville, on the last day of each month, an annual fee equal to .20% of the average daily net asset value of the Portfolio’s Institutional Class Shares.
Institutional Class Shares. The Fund will pay to Henssler, on the last day of each month, an annual fee equal to .20% of the average daily net asset value of the Portfolio’s Institutional Class Shares.
Institutional Class Shares. The Institutional class shares of each Fund are not subject to any l 2b-l fees under this Plan.
Institutional Class Shares. All Asset Portfolio All Asset All Authority CommodityRealReturn Strategy Portfolio Diversified Income Portfolio Emerging Markets Bond Portfolio Foreign Bond Portfolio (Unhedged) Foreign Bond Portfolio (U.S. Dollar-Hedged) Global Bond Portfolio (Unhedged) High Yield Portfolio Long-Term U.S. Government Portfolio Low Duration Portfolio Money Market Portfolio Real Return Portfolio RealEstateRealReturn Strategy Portfolio Short-Term Portfolio StocksPLUS(R) Growth and Income Portfolio StocksPLUS(R) Total Return Portfolio Total Return Portfolio Total Return Portfolio II Advisor Class Shares ALL Asset Portfolio CommodityRealReturn Strategy Portfolio Emerging Markets Bond Portfolio Foreign Bond Portfolio (Unhedged) Global Bond Portfolio (Unhedged) High Yield Portfolio Low Duration Portfolio Real Return Portfolio RealEstateRealReturn Strategy Portfolio SmallCap StocksPLUS(R) TR Portfolio StocksPLUS(R) Total Return Portfolio Total Return Portfolio M Class Shares All Asset Portfolio All Asset All Authority Portfolio SEGREGATED ASSET ACCOUNTS AND DATE ESTABLISHED: Metropolitan Life Separate Account DCVL 11/4/2003 Metropolitan Life Separate Account 58S 5/20/1999 Metropolitan Life Separate Account 541 Metropolitan Life Variable Annuity Separate Account I 7/6/1994 Metropolitan Life Variable Annuity Separate Account II 7/6/1994 Contracts: Private Placement Variable Life Insurance Policies (PPVL) Group and Individual Variable Life Insurance Policies (LCL1) Flexible Premium Deferred Variable Annuity Contracts Flexible Premium Variable Annuity Contracts AMENDMENT NO. 2 TO PARTICIPATION AGREEMENT AMONG METROPOLITAN LIFE INSURANCE COMPANY, PIMCO VARIABLE INSURANCE TRUST, AND ALLIANZ GLOBAL INVESTORS DISTRIBUTORS LLC (FORMERLY KNOWN AS PIMCO FUNDS DISTRIBUTORS LLC)