Assertion: fund's share | /r/HasAspect | vote
Facets:
value: invariably
type: MANNER
Source sentences:
text: However, ordinary shares invariably do have votes and in Pender v
text: See Drexel Burnham Lambert Inc. (TARPS), SEC Staff No-Action Letter (June 14, 1989) (no-action position under section 18(i) of the 1940 Act concerning a Fund's issuance of preferred stock at $100,000 per share and common stock at $15 per share where each share would have one vote; except as otherwise required by the 1940 Act, the common shares and the preferred shares would vote together as a single class).
text: These ‘B’ shares have no voting or other ‘control’ rights but full entitlement to any dividends or return on capital (which must be approved by the parents).