Common use of PROHIBITED PRACTICES AND SECURITIES Clause in Contracts

PROHIBITED PRACTICES AND SECURITIES. A. Securities for which there is no established trading market. B. Securities issued by the subadvisers of the Fund or their affiliates. C. General partner interests. D. Direct investments in oil, gas, or other mineral exploration or development programs. E. Direct investments in real estate or interests in real estate; this does not preclude investment in purchases of securities of real estate investment trusts and other companies holding real estate or interests in real estate. F. Commingled funds; this does not preclude investment in mutual funds up to 10% of the Fund's market value at the time of purchase. G. Acquisition of securities that would cause exposure to non-equity holdings to exceed 35% of the Fund's market value at the time of purchase. H. Acquisition of securities that would cause exposure to a single industry to exceed 25% of the Fund's market value at the time of purchase. I. In the absence of prior consent of VIA, acquisition of securities of an issuer that would cause more than 5% of the Fund to be invested in such securities. J. In the absence of prior consent of VIA, acquisition of more than 5% of the outstanding shares of any class of equity securities.

PROHIBITED PRACTICES AND SECURITIES. A. Securities for which there is no established trading market. B. Securities issued by the subadvisers Advisers of the Fund or their affiliates. C. General partner interests. D. Direct investments in oil, gas, or other mineral exploration or development programs. E. Direct investments in real estate or interests in real estate; this does not preclude investment in purchases of securities of real estate investment trusts and other companies holding real estate or interests in real estate.. VIA ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ - ▇▇▇▇▇ ▇, ▇▇▇▇ ▇▇ F. ▇. Commingled funds; this does not preclude investment in mutual funds up to 10% of the Fund's market value at the time of purchase. G. Acquisition of securities that would cause exposure to non-equity holdings to exceed 35% of the Fund's market value at the time of purchase. H. Acquisition of securities that would cause exposure to a single industry to exceed 25% of the Fund's market value at the time of purchase. I. In the absence of prior consent of VIA, acquisition of securities of an issuer that would cause more than 5% of the Fund to be invested in such securities. J. In the absence of prior consent of VIA, acquisition of more than 5% of the outstanding shares of any class of equity securities.