Assertion: fund | /r/CapableOf | use the term
Facets:
value: in its name
type: MANNER
value: in their names
type: LOCATION
value: to adopt a policy
type: PURPOSE
Source sentences:
text: However, funds that use the term "municipal" rather than "tax-exempt" may count securities that generate income subject to the alternative minimum tax toward the 80% investment requirement, while funds that use the term "tax-exempt" may not.
text: The terms "small, mid, or large capitalization" and "index" suggest a focus on a particular type of investment, and investment companies that use these terms will be subject to the 80% investment requirement of the rule.
text: Q: Does rule 35d-1 apply to funds that use the terms "small-cap," "mid-cap," and "large-cap?
text: The term "foreign" indicates investments that are tied economically to countries outside the United States, and an investment company that uses this term would be subject to the 80% requirement.
text: However, funds that use the term "municipal" rather than "tax-exempt" may count securities that generate income subject to the alternative minimum tax toward the 80% investment requirement, while funds that use the term "tax-exempt" may not.
text: Q: How does rule 35d-1 apply to a fund that uses the term "high-yield" in its name?
text: Therefore, a fund using the term "high-yield" in its name generally must have a policy to invest at least 80% of its assets in bonds that are below investment grade.
text: However, a fund that uses the term "high-yield" in conjunction with a term such as "municipal" or "tax-exempt" that suggests that the fund invests in tax-exempt bonds would not be required to invest at least 80% of its assets in bonds that meet these rating criteria.
text: Q: Does rule 35d-1 apply to a fund that uses the term "tax-sensitive" in its name?
text: Q: A fund that uses the term "money market" in its name must invest solely in eligible securities and meet other investment requirements under rule 2a-7, in order for its name not to be deemed materially deceptive or misleading within the meaning of Section 35(d) of the Investment Company Act.13 Is a fund that uses the term "money market" in its name also required to comply with rule 35d-1?
text: A: Rule 35d-1 would require a fund using the term "money market" in its name to adopt a policy to invest at least 80% of its assets in the type of money market instruments suggested by its name.
text: We would expect, however, that investment companies using these terms in their names will invest their assets in investments that are tied economically to a number of countries throughout the world.
text: Terms such as "small-, mid-, or large-capitalization" suggest a focus on a particular type of investment, and investment companies that use these terms will be subject to the 80% investment requirement of the rule.
text: Therefore, funds that use these terms in their names would be expected to comply with rule 35d-1(a)(4).