Governing document BARINGS TARGETED RETURN FUND
Governing document
It is not the full text of the charity's governing document.
TRUST DEED DATED 14 JUN 2019
Charitable objects
7.1 SUBJECT TO CLAUSE 7.2, THE TRUST'S CHARITABLE OBJECTIVE WILL BE TO FURTHER THE CHARITABLE PURPOSES OF THE CHARITIES THAT DIRECTLY OR INDIRECTLY HOLD UNITS IN THE TRUST FROM TIME TO TIME. 7.2 IF AT ANY TIME THERE ARE NO UNITHOLDERS IN THE TRUST, THE AUTHORISED FUND MANAGER AND DEPOSITARY WILL DETERMINE THE TRUST'S CHARITABLE PURPOSES. 7.3 NO CHANGE MAY BE MADE TO THIS DEED WHICH WOULD: 7.3.1 CAUSE THE TRUST TO CEASE TO BE A CHARITY; OR 7.3.2 AUTHORISE UNITS TO BE ISSUED OR TRANSFERRED TO, OR HELD BY, ANY PERSON OTHER THAN AN ELIGIBLE INVESTOR, WHETHER DIRECTLY OR THROUGH A NOMINEE. 7.4 NO REVOCATION, VARIATION OR AMENDMENT OF THIS DEED WHICH WOULD, OR MIGHT, BE INCONSISTENT WITH THE TRUSTÆS STATUS AS A COMMON INVESTMENT FUND (ESTABLISHED PURSUANT TO SECTIONS 96 TO 99 OF THE CHARITIES ACT) WILL BE VALID WITHOUT THE PRIOR WRITTEN APPROVAL OF THE COURT OR OF THE COMMISSION.
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