Assertion: fund | /r/HasProperty | affected by the rule
Facets:
value: to adopt a policy
type: PURPOSE
Source sentences:
text: Moreover, the rule will enable an investment company affected by the rule to adopt a policy that it will notify its investors before changing its investment policy; such a policy would allow investors more time to reallocate their assets if the company's investment focus changes.
text: We estimate that approximately $ 429.9 billion of these assets are invested in investment companies that would be affected by the rule and that do not currently meet an 80% investment
text: First, an investment company affected by the rule that currently has less than 80% of its investments in the type of investments indicated by its name will have to take one of two actions in order to comply with the 80% investment requirement of the rule.
text: The Commission estimates that the average number of shareholder accounts in investment companies or series of investment companies that are likely to be affected by the rule is 28,000.
text: Third, there may also be costs associated with the rule in the event that an investment company affected by the rule seeks to change its 80% investment policy subsequent to the compliance date.55
text: The rule will generally require that, following the compliance date, the 80% investment requirement either must be a fundamental policy of an investment company affected by the rule, or the investment company must have adopted a policy to provide notice to shareholders at least 60 days prior to any change in its 80% investment policy in order for its name not to be deemed misleading under the rule.
text: Previously, the PRA burdens imposed by rule 482 were accounted for under the various registration forms used by investment companies affected by the rule: