What information is required for the identification of the Beneficiary and their specified share in case of multiple Beneficiaries? Is the share of any Beneficiary a share of the benefits and revenue of the Private Portfolio Funds or a share of the funds of the Private Portfolio itself? Does the Private Portfolio Custodian have the authority to consider the interest of the Beneficiaries when distributing the Private Portfolio Funds to them?
The detailed data required for the identification of the Beneficiary and their specified share in case of multiple Beneficiaries includes information on whether the share of any Beneficiary is a share of the benefits and revenue of the Private Portfolio Funds or a share of the funds of the Private Portfolio itself. The Private Portfolio Custodian has the authority to take into account the interest of the Beneficiaries when distributing the Private Portfolio Funds to them, without prejudice to the provisions of the Creation Deed.