Assertion: fund | /r/CapableOf | comply with the 80% investment requirement
Facets:
value: with respect to the latter term
type: OTHER
value: absent unusual circumstances
type: OTHER
Source sentences:
text: The "under normal circumstances" standard will provide funds with flexibility to manage their portfolios, while requiring that they would normally have to comply with the 80% investment requirement.
text: We emphasize that an investment company should not use a name subject to the rule unless it intends to, and does, comply with the 80% investment requirement absent unusual circumstances.
text: We do not, however, believe that it is appropriate for a fund to suggest, through its name, that it is a single state tax-exempt money market fund unless it complies with the 80% investment requirement.
text: However, a fund that has a name containing both the term "global" or "international," and a term that suggests that the fund focuses its investments in a particular type of investment, e.g., "fixed income," will be expected to comply with the 80% investment requirement with respect to the latter term.