Administrative and Accounting Services. The Administrator shall provide the Fund with regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and Directors' meetings) for handling the affairs of the Portfolios and such other services as the Administrator shall, from time to time, determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Board of Directors, the Administrator shall make reports to the Fund's Directors concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to time. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, shall: o calculate Fund expenses and control all disbursements for the Fund, and as appropriate, compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o assist outside Fund counsel with preparation of prospectuses, statements of additional information, registration statements and proxy materials; o prepare such reports, applications and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o prepare communications to shareholders, including the annual and semi-annual reports to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate, and administer contracts on behalf of the Fund with, among others, the Fund's distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value of the Fund's assets and of the Fund's shares, and provide for the payment of dividends and other distributions to shareholders; o calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o coordinate and supervise the preparation and filing of the Fund's tax returns; o examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of Directors, report to the Board on the performance of such organizations; o provide for and coordinate the layout and printing of publicly disseminated prospectuses and the Fund's semi-annual and annual reports to shareholders; o provide internal legal and administrative services as requested by the Fund from time to time; o provide for and coordinate the design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o provide individuals reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's affairs as determined by the Fund's Board of Directors; o advise the Fund and its Board of Directors on matters concerning the Fund and its affairs;
Appears in 8 contracts
Samples: Co Administration Agreement (First American Investment Funds Inc), Co Administration Agreement (First American Strategy Funds Inc), Co Administration Agreement (First American Funds Inc)
Administrative and Accounting Services. The Administrator shall provide the Fund with regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and Directors' meetings) for handling the affairs of the Portfolios and such other services as the Administrator shall, from time to time, determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Board of Directors, the Administrator shall make such reports to the Fund's Directors concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties reasonably agreed to from time to time. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, shall: o - calculate Fund expenses and control all disbursements for the Fund, and as appropriate, compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o - assist outside Fund counsel with preparation of prospectuses, statements of additional information, registration statements and proxy materials; o - prepare such reports, applications and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund the Fund's shares for compliance with state securities laws, and file with the appropriate securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's its shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o - prepare communications to shareholders, including the annual and semi-annual reports to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund the Fund's shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o - prepare, negotiate, and administer contracts on behalf of the Fund with, among others, the Fund's distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o - maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value of the Fund's assets and of the Fund's shares, and provide for the payment of dividends and other distributions to shareholders; o - calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o - coordinate and supervise the preparation and filing of the Fund's tax returns; o - examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of Directors, report to the Board on the performance of such organizations; o - provide for and coordinate the layout and printing of publicly disseminated prospectuses and the Fund's semi-annual and annual reports to shareholders; o - provide internal legal and administrative services as requested by the Fund from time to time; o - provide for and coordinate the design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o - provide individuals reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's affairs as determined by the Fund's Board of Directors; o - advise the Fund and its the Fund's Board of Directors on matters concerning the Fund and its affairs;
Appears in 6 contracts
Samples: Administration Agreement (First American Funds Inc), Administration Agreement (First American Investment Funds Inc), Administration Agreement (First American Strategy Funds Inc)
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Funds and, on behalf of the Trusts, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Funds' operations. The Administrator shall provide the Fund Trustees of the Trusts with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trusts with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholdersshareholders' and DirectorsBoard of Trustees' meetings) for handling the affairs of the Portfolios Funds and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Trusts' Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrusts, and as appropriate, appropriate compute the Fund's Trusts' yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements and statements, proxy materials; o , and exemptive applications;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's Trusts' shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trusts and the Fund's Trusts' shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trusts and the Fund's Trusts' shares with state securities authorities to enable the Fund Trusts to make a continuous offering of its their shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate the mailing of prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trusts for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trusts with, among others, the Fund's Trusts' investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the Fund's Trusts' general ledger and prepare the Fund's Trusts' financial statements, including expense accruals and payments, determine the net asset value of the Fund's Trusts' assets and of the Fund's Trusts' shares, and provide for supervise the Trusts' transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trusts and the Portfolios their Funds for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the Fund's Trusts' tax returns; o ;
(I) examine and review the operations and performance of the various organizations providing services to the Fund Trusts or any Portfolio directly or on a subcontracted basis as provided for herein andFunds of the Trusts, including, without limitation, the Trusts' sub-advisers, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the Fund's semi-annual Trusts' semiannual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trusts from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrusts, including new portfolio Funds and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrusts, who will be responsible for the management of certain of the Fund's Trusts' affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trusts and its Board of Directors their Trustees on matters concerning the Fund Trusts and its their affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trusts in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 5 contracts
Samples: Administration Agreement (Touchstone Variable Series Trust), Administration Agreement (Touchstone Strategic Trust), Administration Agreement (Touchstone Investment Trust)
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholdersshareholders' and DirectorsBoard of Trustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements and statements, proxy materials; o , and exemptive applications;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andof the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 4 contracts
Samples: Administration Agreement (Westlakes Institutional Portfolios), Administration Agreement (Westlakes Institutional Portfolios), Administration Agreement (Constellation Funds)
Administrative and Accounting Services. The Administrator shall provide the Fund with regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and Directors' meetings) for handling the affairs of the Portfolios and such other services as the Administrator shall, from time to time, determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Board of Directors, the Administrator shall make reports to the Fund's Directors concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to time. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, shall: o * calculate Fund expenses and control all disbursements for the Fund, and as appropriate, compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o * assist outside Fund counsel with preparation of prospectuses, statements of additional information, registration statements and proxy materials; o * prepare such reports, applications and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o * prepare communications to shareholders, including the annual and semi-annual reports to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o * prepare, negotiate, and administer contracts on behalf of the Fund with, among others, the Fund's distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o * maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value of the Fund's assets and of the Fund's shares, and provide for the payment of dividends and other distributions to shareholders; o * calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o * coordinate and supervise the preparation and filing of the Fund's tax returns; o * examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of Directors, report to the Board on the performance of such organizations; o * provide for and coordinate the layout and printing of publicly disseminated prospectuses and the Fund's semi-annual and annual reports to shareholders; o * provide internal legal and administrative services as requested by the Fund from time to time; o * provide for and coordinate the design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o * provide individuals reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's affairs as determined by the Fund's Board of Directors; o * advise the Fund and its Board of Directors on matters concerning the Fund and its affairs;
Appears in 3 contracts
Samples: Co Administration Agreement (First American Investment Funds Inc), Administration Agreement (Portico Funds Inc /Mn/), Administration Agreement (First American Strategy Funds Inc)
Administrative and Accounting Services. The Administrator shall provide the Fund with regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and Directors' meetings) for handling the affairs of the Portfolios and such other services as the Administrator shall, from time to time, determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Board of Directors, the Administrator shall make reports to the Fund's Directors concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to time. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(a) calculate Fund expenses and control all disbursements for the Fund, and as appropriate, appropriate compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o ;
(b) assist outside Fund counsel with preparation of prospectuses, statements of additional information, registration statements and proxy materials; o ;
(c) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o ;
(d) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o ;
(e) prepare, negotiate, and administer contracts on behalf of the Fund with, among others, the Fund's distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o ;
(f) maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value of the Fund's assets and of the Fund's shares, and provide for the payment of dividends and other distributions to shareholders; o ;
(g) calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o ;
(h) coordinate and supervise the preparation and filing of the Fund's tax returns; o ;
(i) examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein andincluding, without limitation, the Fund's distributor, transfer agent, accounting services agent, outside Fund counsel and independent public accountants, and at the request of the Fund's Board of Directors, report to the Board on the performance of such organizations; o ;
(j) provide for and coordinate the layout and printing of publicly disseminated prospectuses and the Fund's semi-annual and annual reports to shareholders; o ;
(k) provide internal legal and administrative services as requested by the Fund from time to time; o ;
(l) provide for and coordinate the design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o ;
(m) provide individuals reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's affairs as determined by the Fund's Board of Directors; o ;
(n) advise the Fund and its Board of Directors on matters concerning the Fund and its affairs;
(o) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Fund in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 3 contracts
Samples: Administration Agreement (First American Funds Inc), Administration Agreement (First American Insurance Portfolios Inc), Administration Agreement (First American Investment Funds Inc)
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Fund, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios’ operations. All services provided hereunder shall be in conformity with the Articles of Incorporation, Bylaws, resolutions and other instructions of the Board of Directors and the current prospectuses and statement of additional information of the Fund. The Administrator agrees to furnish the services set forth herein in return for the compensation provided in Article 4 of this Agreement. The Administrator shall provide the Directors of the Fund with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities, except with respect to the Portfolios’ compliance with investment objective and policies. The Administrator or its appointed service provider shall provide the Directors with administrative services, regulatory reporting, fund accounting and related portfolio accounting servicesservices as set forth on Schedule II of this Agreement, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' ’ and Directors' Fund meetings) for handling the affairs of the Portfolios and such other services as the Fund may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Fund Board of Directors (the “Directors”), the Administrator shall make reports to the Fund's Directors Fund concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator or its appointed service provider shall: o :
(A) calculate contractual Fund expenses and control all disbursements for the Fund, and as appropriate, appropriate compute the Fund's Fund yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o ;
(B) assist outside Fund counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o prepare such reports, applications ;
(C) develop and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(D) coordinate with internal and external Fund counsel the preparation of, and administer contracts on behalf of the Fund with, among others, the Fund's Fund investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(E) maintain the Fund's Fund general ledger and prepare the Fund's Fund financial statements, including expense accruals and payments, determine the net asset value of the Fund's Fund assets and of the Fund's Fund shares, and provide for supervise the Fund transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(F) calculate performance data of the Fund and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(G) coordinate and supervise the preparation and filing of the Fund's Fund tax returns; o ;
(H) at the request of the Fund, examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of Directors, and report to the Board on the performance of such organizations; o provide for and coordinate Fund;
(I) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the Fund's Fund semi-annual and annual reports to shareholders; o ;
(J) provide internal legal legal, compliance and administrative services as requested by the Fund from time to time; o provide for and coordinate ;
(K) assist with the design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o ;
(L) provide individuals reasonably acceptable to the Fund's Board of Directors Fund for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's Fund affairs as determined by the Fund's Board of Directors; o ;
(M) advise the Fund and its Board of Directors on matters concerning the Fund and its affairs;
(N) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Fund in accordance with the requirements of Rules 17g-1 and 17d-1(7) under the 1940 Act as bonds and policies are approved by the Fund Board of Directors;
(O) monitor and advise the Fund and its Portfolios on their registered investment company status under the Internal Revenue Code of 1986, as amended;
(P) perform all administrative services and functions of the Fund and each Portfolio to the extent administrative services and functions are not provided to the Fund or such Portfolio pursuant to the Fund or such Portfolio’s investment advisory agreement, distribution agreement, custodian agreement and transfer agent agreement;
Appears in 3 contracts
Samples: Administrative Services Agreement (VALIC Co I), Administrative Services Agreement (VALIC Co I), Administrative Services Agreement (Valic Co I)
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andof the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 2 contracts
Samples: Administration Agreement (Oak Associates Funds), Administration Agreement (Oak Associates Funds)
Administrative and Accounting Services. The Administrator -------------------------------------- shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub- administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andof the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 2 contracts
Samples: Administration Agreement (Turner Funds), Administration Agreement (Expedition Funds)
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Funds, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Funds' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder, provided, however, that the Administrator is not relieved of its obligations to the Trust as set forth hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholdersshareholders' and Directorsmeetings but not Trustees' meetingsmeetings that are not held at offices of the Administrator) for handling the affairs of the Portfolios Funds and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under Administrator shall:
(a) assist with the supervision of the Fund's Board of Directors, shall: o calculate Fund expenses and control all disbursements for the Fund, and as appropriate, compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o assist outside Fund counsel with preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o prepare such reports, applications ;
(b) coordinate the preparation and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities lawsnegotiation of, and file with the appropriate securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments theretoadminister, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o prepare communications to shareholders, including the annual and semi-annual reports to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject custodian, and transfer agent;
(c) provide consultation services with respect to any approvals or reapprovals by the FundTrust's Board fund accounting issues;
(d) assist as necessary in the preparation of Directors required by applicable law or Board procedures; o maintain the FundTrust's general ledger budget and prepare accruals, analysis and payment of the Fundexpenses and accruals;
(e) review the Trust's financial statements;
(f) provide (directly or through a sub-administrator) individuals acceptable to the Trustees for nomination, including expense accruals and paymentsappointment, determine the net asset value or election as officers of the Fund's assets and Trust, who will be responsible for the management of certain of the FundTrust's shares, and provide for affairs as determined by the payment of dividends and other distributions to shareholders; o calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o coordinate and supervise the preparation and filing of the Fund's tax returns; o Trustees;
(g) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andFund of the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, Trust counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such these organizations; o provide for and coordinate ;
(h) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o provide internal legal and administrative services as requested by the Fund from time to time; o provide for and coordinate ;
(i) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o provide individuals reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's affairs as determined by the Fund's Board of Directors; o ;
(j) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(k) obtain (directly or through a sub-administrator) and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 2 contracts
Samples: Custodian Agreement (Huntington Va Funds), Administration Agreement (Huntington Va Funds)
Administrative and Accounting Services. The Administrator shall provide the Fund with regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholdersshareholders' and Directorsdirectors' meetings) for handling the affairs of the Portfolios Fund and such other services as the Administrator shall, from time to time, determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Board of Directors, the Administrator shall make reports to the Fund's Directors concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A heretohereunder, as amended by agreement of the parties from time to time. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, shall: o calculate Fund expenses and control all disbursements for the Fund, and as appropriate, compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o assist outside Fund counsel with preparation of prospectuses, statements of additional information, registration statements and proxy materials; o prepare such reports, applications and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o prepare communications to shareholders, including the annual and semi-annual reports to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate, and administer contracts on behalf of the Fund with, among others, the Fund's distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value of the Fund's assets and of the Fund's shares, and provide for the payment of dividends and other distributions to shareholders; o calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o coordinate and supervise the preparation and filing of the Fund's tax returns; o examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of Directors, report to the Board on the performance of such organizations; o provide for and coordinate the layout and printing of publicly disseminated prospectuses and the Fund's publicly disseminated semi-annual and annual reports to shareholders; o provide internal legal and administrative services as requested by the Fund from time to time; o provide for and coordinate the design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o provide individuals reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's affairs as determined by the Fund's Board of Directors; o advise the Fund and its Board of Directors on matters concerning the Fund and its affairs;
Appears in 2 contracts
Samples: Administration Agreement (First American Minnesota Municipal Income Fund Ii Inc), Administration Agreement (First American Minnesota Municipal Income Fund Ii Inc)
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser, including any investment adviser's or sub-adviser's compliance with applicable investment policies and applicable laws, rules and regulations governing investment of the Portfolios. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, with respect to each Portfolio, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual expenses and control all disbursements for the Funddisbursements, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o assist outside Fund ;
(B) coordinate with Trust counsel in connection with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares Shares with state securities authorities, monitor sale of Fund shares Shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the Fund's shares Shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o prepare Shares;
(D) assist with ongoing development and preparation of communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare;
(E) coordinate with Trust counsel the preparation and, negotiatewhere appropriate, negotiation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, independent accountants and transfer agent;
(F) maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, monitor expenses against budget and provide periodic reviews (at least quarterly), determine the net asset value of the Fund's assets and of the Fund's sharesShares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o coordinate ;
(H) prepare and supervise the preparation and filing of the Fund's file tax returns; o examine and review ;
(I) coordinate the operations and performance of Trust's board meetings schedule, iniate the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of Directors, report to the Board on the performance of such organizations; o provide for agenda and coordinate production of board meeting materials;
(J) assist with the layout and printing of publicly disseminated prospectuses and the Fund's assist with and coordinate layout and printing of semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as reasonably requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of accounting and administrative services in connection with the operations of the Portfolios. The Administrator shall provide the board of directors of the Fund with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance of any investment adviser or sub-adviser, including any investment adviser's or sub-adviser's compliance with applicable investment policies and applicable laws, rules and regulations governing investments of the Portfolios. The Administrator may sub-contract with third parties to perform certain of the services to be performed by the Administrator hereunder; provided, however, that the Administrator shall remain responsible to the Fund for the acts and omissions of such other entities. The Administrator shall provide the Fund with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and Directorsboard of directors' meetings) for handling the affairs of the Portfolios and such other services as the board of directors may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of as reasonably requested by the Fund's Board of Directors (the "Directors"), the Administrator shall make reports to the Fund's Directors concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, with respect to each Portfolio, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual expenses and control all disbursements for the Fundand, and as appropriate, compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o assist outside ;
(B) coordinate with Fund counsel in connection with the preparation of prospectuses, statements of additional information, registration statements and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities lawlaws) as may be necessary or desirable to register the Fund's shares Shares with state securities authorities, monitor sale of Fund shares Shares for compliance with state securities laws, laws and file with the appropriate state securities authorities the registration statements and reports for the Fund and the Fund's shares Shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares Shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o prepare Shares;
(D) assist with the development and preparation of communications to shareholders, including the annual and semi-annual reports to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare;
(E) coordinate with Fund counsel the preparation and, negotiatewhere appropriate, and administer negotiation of contracts on behalf of the Fund with, among others, the Fund's transfer agent, investment adviser, sub-adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o independent accountants, and custodian;
(F) maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value of the Fund's assets and of the Fund's shares, and provide for the payment of dividends and other distributions to shareholders; o Shares;
(G) calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of tax returns;
(I) coordinate the Fund's tax returns; o examine board of director's schedule and review the operations agenda and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of be the Fund's Board designated agent for production of Directors, report to the Board on the performance of such organizations; o provide for and coordinate board meeting materials;
(J) assist with the layout and printing of publicly disseminated prospectuses and the Fund's assist with and coordinate layout and printing of semi-annual and annual reports to shareholders; o provide internal legal and administrative services as requested by ;
(K) assist with the Fund from time to time; o provide for and coordinate the ongoing design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o ;
(L) provide individuals reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's affairs as determined by the Fund's Board of Directors; o advise ;
(M) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Fund in accordance with the requirements of Rule 17g-1 and its Board of Directors on matters concerning the Fund and its affairs;paragraph (d)
Appears in 1 contract
Administrative and Accounting Services. The Administrator -------------------------------------- shall perform or supervise the performance by others of accounting and administrative services in connection with the operations of the Portfolios. The Administrator shall provide the Fund Board of Directors of the Company (the "Directors") with such reports regarding investment performance, the operation of the Portfolios and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request, but shall have no responsibility for supervising the performance of any investment adviser or sub- adviser, including any investment adviser's or sub-adviser's compliance with applicable investment policies and applicable laws, rules and regulations governing investments of the Portfolios, except that SEI shall perform secondary compliance testing as set forth below. The Administrator may sub-contract with third parties to perform certain of the services to be performed by the Administrator hereunder; provided, however, that the Administrator shall remain principally responsible to the Company for the acts and omissions of such other entities. The Administrator shall provide the Company with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and Directors' meetings) for handling the affairs of the Portfolios and such other services as the Directors may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at as reasonably requested by the request of the Fund's Board of Directors, the Administrator shall make reports to the Fund's Directors concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, with respect to each Portfolio, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual expenses and control all disbursements for the Fundand, and as appropriate, compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o assist outside ;
(B) coordinate the processing and payment of all fund related expenses, prepare Fund counsel with preparation portfolio expense projections, establish accruals and review on a periodic basis, including expenses based on a percentage of prospectusesa Portfolio's average daily net assets (e.g., statements of additional informationadvisory and administrative fees) and expenses based on actual charges annualized and accrued daily (e.g., audit fees, registration fees);
(C) maintain the general ledger and prepare the financial statements, including expense accruals and payments, and provide financial information for proxies, registration statements and proxy materials; o prepare such reports, applications other shareholder communications;
(D) calculate the net asset value of each Portfolio;
(E) calculate performance data and documents disseminate to information services covering the investment company industry;
(including reports regarding F) coordinate and supervise the sale preparation and redemption filing of shares as may be required tax returns;
(G) assist in order the coordination of communications and data collection with regards to comply any yearly audit by independent accountants;
(H) calculate and recommend dividend and capital gain distributions in accordance with Federal and state securities lawdistribution policies detailed in prospectuses;
(I) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file assist with the appropriate securities authorities layout and printing of publicly disseminated prospectuses and assist with and coordinate layout, printing and filing of semi-annual and annual reports to shareholders;
(J) assist with the registration statements development and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering preparation of its shares; o prepare communications to shareholders, including the annual and semi-annual reports to shareholders, review shareholder letters and MD&A disclosures, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Company for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare;
(K) perform secondary portfolio compliance monitoring on a trade date plus two day basis for each Portfolio and coordinate with the investment adviser and fund counsel resolution of violations;
(L) monitor on a secondary basis the regulated investment company status of the Company and its Portfolios under the Internal Revenue Code of 1986, negotiateas amended;
(M) prepare and file with the SEC the semi-annual report for the Company on Form N-SAR and all required notices pursuant to Rule 24f-2;
(N) for new Portfolios, obtain Employer or Taxpayer Identification or CUSIP numbers, estimate organizational costs and monitor against actual disbursements;
(O) notify shareholders as to what portion, if any, of distributions made during the prior fiscal year were exempt-interest dividends;
(P) provide Form 1099-MISC to persons other than corporations (i.e., the Directors) to whom the Fund paid more than $600 during the year.
(Q) coordinate with Company counsel in connection with the preparation and filing of fund organizational documents, prospectuses, statements of additional information, registration statements, and administer proxy materials;
(R) coordinate with and monitor the work of Company counsel, including the preparation and review of contracts on behalf of the Fund Company with, among others, the FundCompany's transfer agent, investment adviser, sub- adviser, distributor, subject to any approvals or reapprovals independent accountants, and custodian, and the review and analysis of affiliated transactions contemplated by advisers and in-kind redemptions;
(S) coordinate the Fund's Board of Directors required by applicable law or Board procedures; o maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value preparation of the Fund's assets board agenda and the production of the Fund's sharesboard meeting materials, and provide for attend board meetings;
(T) assist with the payment of dividends and other distributions to shareholders; o calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o coordinate and supervise the preparation and filing of the Fund's tax returns; o examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of Directors, report to the Board on the performance of such organizations; o provide for and coordinate the layout and printing of publicly disseminated prospectuses and the Fund's semi-annual and annual reports to shareholders; o provide internal legal and administrative services as requested by the Fund from time to time; o provide for and coordinate the ongoing design, development, and operation of the FundCompany, including new portfolio and class investment objectives, policies and structure; o ;
(U) provide individuals reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the FundCompany, who will be responsible for the management of certain of the FundCompany's affairs as determined by the Fund's Board Directors;
(V) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Company in accordance with the requirements of Directors; o advise the Fund Rule 17g-1 and its Board of Directors on matters concerning the Fund and its affairs;paragraph (d)
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub- administrator to perform certain of the services to be performed by the Administrator hereunder, provided, however, that the Administrator is not relieved of its obligations to the Trust as set forth hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetingsmeetings but not Trustees' meetings that are not held at offices of the Administrator) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(a) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(b) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o prepare such reports, applications ;
(c) develop and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(d) coordinate with Trust counsel the preparation and negotiation of, and administer administer, contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(e) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o coordinate and supervise the preparation and filing of the Fund's tax returns; o ;
(f) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andof the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, outside legal Trust counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(g) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(h) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(i) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(j) provide (directly or through a sub-administrator) individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(k) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(l) obtain (directly or through a sub-administrator) and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Administrative and Accounting Services. The Administrator -------------------------------------- shall perform or supervise the performance by others of accounting and administrative services in connection with the operations of the Portfolios. The Administrator shall provide the Fund Board of Directors of the Company (the "Directors") with such reports regarding investment performance, the operation of the Portfolios and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request, but shall have no responsibility for supervising the performance of any investment adviser or sub- adviser, including any investment adviser's or sub-adviser's compliance with applicable investment policies and applicable laws, rules and regulations governing investments of the Portfolios, except that SEI shall perform secondary compliance testing as set forth below. The Administrator may sub-contract with third parties to perform certain of the services to be performed by the Administrator hereunder; provided, however, that the Administrator shall remain principally responsible to the Company for the acts and omissions of such other entities. The Administrator shall provide the Company with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and Directors' meetings) for handling the affairs of the Portfolios and such other services as the Directors may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at as reasonably requested by the request of the Fund's Board of Directors, the Administrator shall make reports to the Fund's Directors concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, with respect to each Portfolio, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual expenses and control all disbursements for the Fundand, and as appropriate, compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted dollar- weighed maturity; o assist outside ;
(B) coordinate the processing and payment of all fund related expenses, prepare Fund counsel with preparation portfolio expense projections, establish accruals and review on a periodic basis, including expenses based on a percentage of prospectusesa Portfolio's average daily net assets (e.g., statements of additional informationadvisory and administrative fees) and expenses based on actual charges annualized and accrued daily (e.g., audit fees, registration fees);
(C) maintain the general ledger and prepare the financial statements, including expense accruals and payments, and provide financial information for proxies, registration statements and proxy materials; o prepare such reports, applications other shareholder communications;
(D) calculate the net asset value of each Portfolio;
(E) calculate performance data and documents disseminate to information services covering the investment company industry;
(including reports regarding F) coordinate and supervise the sale preparation and redemption filing of shares as may be required tax returns;
(G) assist in order the coordination of communications and data collection with regards to comply any yearly audit by independent accountants;
(H) calculate and recommend dividend and capital gain distributions in accordance with Federal and state securities lawdistribution policies detailed in prospectuses;
(I) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file assist with the appropriate securities authorities layout and printing of publicly disseminated prospectuses and assist with and coordinate layout, printing and filing of semi-annual and annual reports to shareholders;
(J) assist with the registration statements development and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering preparation of its shares; o prepare communications to shareholders, including the annual and semi-annual reports to shareholders, review shareholder letters and MD&A disclosures, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Company for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare;
(K) perform secondary portfolio compliance monitoring on a trade date plus two day basis for each Portfolio and coordinate with the investment adviser and fund counsel resolution of violations;
(L) monitor on a secondary basis the regulated investment company status of the Company and its Portfolios under the Internal Revenue Code of 1986, negotiateas amended;
(M) prepare and file with the SEC the semi-annual report for the Company on Form N-SAR and all required notices pursuant to Rule 24f-2;
(N) for new Portfolios, obtain Employer or Taxpayer Identification or CUSIP numbers, estimate organizational costs and monitor against actual disbursements;
(O) notify shareholders as to what portion, if any, of distributions made during the prior fiscal year were exempt-interest dividends;
(P) provide Form 1099-MISC to persons other than corporations (i.e., the Directors) to whom the Fund paid more than $600 during the year;
(Q) coordinate with Company counsel in connection with the preparation and filing of fund organizational documents, prospectuses, statements of additional information, registration statements, and administer proxy materials;
(R) coordinate with and monitor the work of Company counsel, including the preparation and review of contracts on behalf of the Fund Company with, among others, the FundCompany's transfer agent, investment adviser, sub- adviser, distributor, subject to any approvals or reapprovals independent accountants, and custodian, and the review and analysis of affiliated transactions contemplated by advisers and in-kind redemptions;
(S) coordinate the Fund's Board of Directors required by applicable law or Board procedures; o maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value preparation of the Fund's assets board agenda and the production of the Fund's sharesboard meeting materials, and provide for attend board meetings;
(T) assist with the payment of dividends and other distributions to shareholders; o calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o coordinate and supervise the preparation and filing of the Fund's tax returns; o examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of Directors, report to the Board on the performance of such organizations; o provide for and coordinate the layout and printing of publicly disseminated prospectuses and the Fund's semi-annual and annual reports to shareholders; o provide internal legal and administrative services as requested by the Fund from time to time; o provide for and coordinate the ongoing design, development, and operation of the FundCompany, including new portfolio and class investment objectives, policies and structure; o ;
(U) provide individuals reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the FundCompany, who will be responsible for the management of certain of the FundCompany's affairs as determined by the Fund's Board Directors;
(V) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Company in accordance with the requirements of Directors; o advise the Fund Rule 17g-1 and its Board of Directors on matters concerning the Fund and its affairs;paragraph (d)
Appears in 1 contract
Administrative and Accounting Services. The Administrator Linxxxx Xxnagement shall perform, or supervise the performance by others of, administrative services in connection with the operations of the Fund, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Fund's operations. Linxxxx Xxnagement shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or subadviser of its responsibilities. Linxxxx Xxnagement shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' meetings of shareholders and Directors' meetingsTrustees') for handling the affairs of the Portfolios Fund and such other services as the Administrator Trustees may, from time to time, reasonably request and Linxxxx Xxnagement shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Board of Directors, the Administrator shall make reports to the Fund's Directors concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to time. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Linxxxx Xxnagement shall: o :
(a) calculate Fund contractual expenses and control all disbursements for the FundFunds, and as appropriate, appropriate compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o weighed maturity for the Funds;
(b) assist outside Fund counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o materials for the Funds;
(c) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund shares the Trust's Shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares Shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the FundTrust's shares Shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o the Trust's Shares;
(d) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholdersshareholders of the Funds, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetingsmeetings of the Funds, including the tabulation process for such shareholder meetings; o prepare, negotiate;
(e) coordinate with counsel the preparation and negotiation of, and administer administer, contracts on behalf of the Fund Funds with, among others, the each Fund's investment adviser, subadviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(f) maintain the each Fund's general ledger and prepare the each Fund's financial statements, including expense accruals and payments, determine the net asset value of the each Fund's assets and of the each Fund's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o calculate performance data of ;
(g) monitor trading compliance by the Fund Trust and the Portfolios for dissemination to information services covering the investment company industry; o each Fund's employees and subadvisers;
(h) coordinate and supervise the preparation and filing of the each Fund's tax returns; o ;
(i) examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein andFunds, at the request of the including, without limitation, each Fund's Board of Directorsinvestment adviser, report to the Board on the performance of such organizations; o provide for investment sub-advisor, distributor, custodian, transfer agent, counsel and coordinate independent public accountants;
(j) assist with the layout and printing of publicly disseminated prospectuses and the assist with and coordinate layout and printing of each Fund's semi-annual and annual reports to shareholders; o provide internal legal and administrative services as requested by the Fund from time to time; o provide for and coordinate ;
(k) assist with the design, development, and operation of the each Fund, including new portfolio and class investment objectives, policies and structure; o ;
(l) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board Trustees;
(m) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Directors; o advise the Fund Rules 17g-1 and its Board of Directors on matters concerning the Fund and its affairs;17d-1
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall provide the Fund with regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and Directors' meetings) for handling the affairs of the Portfolios and such other services as the Administrator shall, from time to time, determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Board of Directors, the Administrator shall make reports to the Fund's Directors concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to time. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, shall: o * calculate Fund expenses and control all disbursements for the Fund, and as appropriate, compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o * assist outside Fund counsel with preparation of prospectuses, statements of additional information, registration statements and proxy materials; o * prepare such reports, applications and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o * prepare communications to shareholders, including the annual and semi-annual reports to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o * prepare, negotiate, and administer contracts on behalf of the Fund with, among others, the Fund's distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o * maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value of the Fund's assets and of the Fund's shares, and provide for the payment of dividends and other distributions to shareholders; o * calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o * coordinate and supervise the preparation and filing of the Fund's tax returns; o * examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of Directors, report to the Board on the performance of such organizations; o * provide for and coordinate the layout and printing of publicly disseminated prospectuses and the Fund's semi-annual and annual reports to shareholders; o * provide internal legal and administrative services as requested by the Fund from time to time; o * provide for and coordinate the design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o * provide individuals reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's affairs as determined by the Fund's Board of Directors; o * advise the Fund and its Board of Directors on matters concerning the Fund and its affairs;; * obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Fund in
Appears in 1 contract
Samples: Co Administration Agreement (First American Funds Inc)
Administrative and Accounting Services. The Administrator shall provide the Fund with regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and Directors' meetings) for handling the affairs of the Portfolios and such other services as the Administrator shall, from time to time, determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Board of Directors, the Administrator shall make reports to the Fund's Directors concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to time. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, shall: o calculate Fund expenses and control all disbursements for the Fund, and as appropriate, compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o assist outside Fund counsel with preparation of prospectuses, statements of additional information, registration statements and proxy materials; o prepare such reports, applications and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o prepare communications to shareholders, including the annual and semi-annual reports to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate, and administer contracts on behalf of the Fund with, among others, the Fund's distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value of the Fund's assets and of the Fund's shares, and provide for the payment of dividends and other distributions to shareholders; o calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o coordinate and supervise the preparation and filing of the Fund's tax returns; o examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of Directors, report to the Board on the performance of such organizations; o provide for and coordinate the layout and printing of publicly disseminated prospectuses and the Fund's semi-annual and annual reports to shareholders; o provide internal legal and administrative services as requested by the Fund from time to time; o provide for and coordinate the design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o provide individuals reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's affairs as determined by the Fund's Board of Directors; o advise the Fund and its Board of Directors on matters concerning the Fund and its affairs;; o obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Fund in accordance with the requirements of Rules 17g-1 and 17d-1(7) under the 1940 Act as such bonds and policies are approved by the Fund's Board of Directors; o monitor and advise the Fund and the Portfolios on their registered investment company status under the Internal Revenue Code of 1986, as amended; o perform all administrative services and functions required for the operation of the Fund and each Portfolio to the extent such administrative services and functions are not provided to the Fund or such Portfolio pursuant to the Fund's or such Portfolio's investment advisory agreement, distribution agreement and custodian agreement; o furnish advice and recommendations with respect to other aspects of the business and affairs of the Portfolios as the Fund and the Administrator shall determine desirable; o prepare and file with the Securities and Exchange Commission the semi-annual reports for the Fund on Form N-SAR and all required notices pursuant to Rule 24f-2; and o organize and coordinate meetings of the Fund's Board of Directors and the committees thereof. The Administrator will also perform such other services for the Fund as agreed from time to time at the request of the Fund's Board of Directors, including, but not limited to, performing internal audit examinations; mailing annual reports of the Portfolios; preparing a list of shareholders; and mailing notices of shareholders' meetings, proxies and proxy statements, for all of which the Fund will pay the Administrator's out-of-pocket expenses.
Appears in 1 contract
Samples: Administration Agreement (First American Funds Inc)
Administrative and Accounting Services. The Administrator shall will perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Fund, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator will provide the Trustees of the Fund with such reports regarding investment performance as the Trustees may reasonably request but will have no responsibility for supervising the performance by any investment adviser or subadviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator under this Agreement. The Administrator will provide the Fund with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Administrator shallTrustees may, from time to time, reasonably request, and that the Administrator may, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Board of DirectorsTrustees (the "Trustees"), the Administrator shall will make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timeunder this Agreement. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, shall: o Administrator will:
(a) calculate contractual Fund expenses and control all disbursements for the Fund, and as appropriate, appropriate compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(b) assist outside Fund counsel with the preparation of prospectuses, statements of additional information, registration statements and statements, proxy materials; o ;
(c) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o ;
(d) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(e) coordinate with Fund counsel the preparation and negotiation of, and administer contracts on behalf of the Fund with, among others, the Fund's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(f) maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value of the Fund's assets and of the Fund's shares, and provide for supervise the Fund's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(g) calculate performance data of the Fund and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(h) coordinate and supervise the preparation and filing of the Fund's tax returns; o ;
(i) examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein andof the Fund, including, without limitation, the Fund's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(j) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the Fund's semi-annual and annual reports to shareholders; o ;
(k) provide internal legal and administrative services as requested by the Fund from time to time; o provide , including but not limited to preparation of materials for and coordinate the quarterly meetings of the Board of Trustees;
(l) assist with the design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o ;
(m) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's affairs as determined by the Fund's Board of Directors; o Trustees;
(n) advise the Fund and its Board of Directors Trustees on matters concerning the Fund and its affairs;
(o) obtain and keep in effect fidelity bonds and Trustees and officers/errors and omissions insurance policies for the Fund in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Samples: Administration Agreement (Monument Series Fund Inc)
Administrative and Accounting Services. The Administrator -------------------------------------- shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the AdministratorAdministrator shall, under in concert with the supervision of the Fund's Board of DirectorsAdvisor, shall: o where applicable:
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o "
(I) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andof the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Samples: Administration Agreement (Profit Funds Investment Trust)
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub- administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o shareholders in accordance with the procedures prescribed in the Trust's Registration Statement, with applicable law, and with such other procedures as may be established by the Trustees of the Trust;
(G) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andof the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub- administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and Directorsmeetings but not Trustees' meetingsmeetings that are not held at offices of the Administrator) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(a) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(b) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(c) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(d) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(e) coordinate with Trust counsel the preparation and negotiation of, and administer administer, contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(f) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(g) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(h) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(i) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andof the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, Trust counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(j) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(k) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(l) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(m) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(n) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(o) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Funds, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Funds' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio fund accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios Funds and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio fund turnover rate and, if required, portfolio fund average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, . and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its funds for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andFund of the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio fund and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Samples: Administration Agreement (Sei Insurance Products Trust)
Administrative and Accounting Services. The Administrator shall -------------------------------------- perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub- administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o (C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, . and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andof the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Samples: Administration Agreement (Sei Asset Allocation Trust)
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Fund, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios’ operations. All services provided hereunder shall be in conformity with the Articles of Incorporation, Bylaws, resolutions and other instructions of the Board of Trustees and the current prospectuses and statement of additional information of the Fund. The Administrator agrees to furnish the services set forth herein in return for the compensation provided in Article 4 of this Agreement. The Administrator shall provide the Trustees of the Fund with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities, except with respect to the Portfolios’ compliance with investment objective and policies. The Administrator or its appointed service provider shall provide the Trustees with administrative services, regulatory reporting, fund accounting and related portfolio accounting servicesservices as set forth on Schedule II of this Agreement, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' ’ and Directors' Fund meetings) for handling the affairs of the Portfolios and such other services as the Fund may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Fund Board of DirectorsTrustees (the “Trustees”), the Administrator shall make reports to the Fund's Directors Fund concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator or its appointed service provider shall: o :
(A) calculate contractual Fund expenses and control all disbursements for the Fund, and as appropriate, appropriate compute the Fund's Fund yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o ;
(B) assist outside Fund counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o prepare such reports, applications ;
(C) develop and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(D) coordinate with internal and external Fund counsel the preparation of, and administer contracts on behalf of the Fund with, among others, the Fund's Fund investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(E) maintain the Fund's Fund general ledger and prepare the Fund's Fund financial statements, including expense accruals and payments, determine the net asset value of the Fund's Fund assets and of the Fund's Fund shares, and provide for supervise the Fund transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(F) calculate performance data of the Fund and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(G) coordinate and supervise the preparation and filing of the Fund's Fund tax returns; o ;
(H) at the request of the Fund, examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of Directors, and report to the Board on the performance of such organizations; o provide for and coordinate Fund;
(I) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the Fund's Fund semi-annual and annual reports to shareholders; o ;
(J) provide internal legal legal, compliance and administrative services as requested by the Fund from time to time; o provide for and coordinate ;
(K) assist with the design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o ;
(L) provide individuals reasonably acceptable to the Fund's Board of Directors Fund for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's Fund affairs as determined by the Fund's Board of Directors; o ;
(M) advise the Fund and its Board of Directors Trustees on matters concerning the Fund and its affairs;
(N) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Fund in accordance with the requirements of Rules 17g-1 and 17d-1(7) under the 1940 Act as bonds and policies are approved by the Fund Board of Trustees;
(O) monitor and advise the Fund and its Portfolios on their registered investment company status under the Internal Revenue Code of 1986, as amended;
(P) perform all administrative services and functions of the Fund and each Portfolio to the extent administrative services and functions are not provided to the Fund or such Portfolio pursuant to the Fund or such Portfolio’s investment advisory agreement, distribution agreement, custodian agreement and transfer agent agreement;
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. All services provided hereunder shall be in conformity with the Declaration of trust, Bylaws, resolutions and other instructions of the Board of trustees and the current prospectuses and statements of additional information of the Portfolios. The Administrator agrees to furnish the services set forth herein in return for the compensation provided in Article 4 of this Agreement. The determination of compliance with the requisite service level standards shall be the responsibility of the Board of Trustees of the Trust. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities, except with respect to the Portfolios' compliance with investment objective and policies. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting servicesservices as set forth on Schedule II of this Agreement, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) At the request of the Trustees, examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of DirectorsTrust, and report to the Board on the performance of such organizations; o provide for and coordinate Trustees;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Samples: Administration Agreement (Parkstone Advantage Fund)
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, laws and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andof the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Samples: Administration Agreement (Sei Institutional Investments Trust)
Administrative and Accounting Services. The Administrator --------------------------------------- shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andof the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Administrative and Accounting Services. The Administrator -------------------------------------- shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub- administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted dollar- weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andof the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-semi- annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Fund, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. All services provided hereunder shall be in conformity with the Agreement and Declaration of Trust, Bylaws, resolutions and other instructions of the Board of Trustees and the current prospectuses and statement of additional information of the Fund. The Administrator agrees to furnish the services set forth herein in return for the compensation provided in Article 4 of this Agreement. The Administrator shall provide the Trustees of the Fund with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities, except with respect to the Portfolios' compliance with investment objective and policies. The Administrator or its appointed service provider shall provide the Trustees with administrative services, regulatory reporting, fund accounting and related portfolio accounting servicesservices as set forth on Schedule II of this Agreement, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and Directors' Fund meetings) for handling the affairs of the Portfolios and such other services as the Fund may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Fund Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Fund concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator or its appointed service provider shall: o :
(A) calculate contractual Fund expenses and control all disbursements for the Fund, and as appropriate, appropriate compute the Fund's Fund yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o ;
(B) assist outside Fund counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's Fund shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund and the Fund's Fund shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's Fund shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with internal and external Fund counsel the preparation of, and administer contracts on behalf of the Fund with, among others, the Fund's Fund investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the Fund's Fund general ledger and prepare the Fund's Fund financial statements, including expense accruals and payments, determine the net asset value of the Fund's Fund assets and of the Fund's Fund shares, and provide for supervise the Fund transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the Fund's Fund tax returns; o ;
(I) at the request of the Fund, examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of Directors, and report to the Board on the performance of such organizations; o provide for and coordinate Fund;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the Fund's Fund semi-annual and annual reports to shareholders; o ;
(K) provide internal legal legal, compliance and administrative services as requested by the Fund from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Fund for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's Fund affairs as determined by the Fund's Board of Directors; o ;
(N) advise the Fund and its Board of Directors Trustees on matters concerning the Fund and its affairs;
(O) obtain and keep in effect fidelity bonds and trustees and officers/errors and omissions insurance policies for the Fund in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Samples: Administrative Services Agreement (North American Funds Variable Product Series Ii)
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Funds and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Funds' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholdersshareholders' and DirectorsBoard of Trustees' meetings) for handling the affairs of the Portfolios Funds and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements and statements, proxy materials; o prepare such reports, applications and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate securities authorities the registration statements exemptive applications;
(C) [Reserved];
(D) develop and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o prepare communications to shareholders, including the annual and semi-annual semiannual reports to shareholders, coordinate the mailing of prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its Funds for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andFunds of the Trusts, including, without limitation, the Trust's sub-advisers, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual semiannual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio Funds and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrusts, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1(7) under the 1940 Act as such bonds and policies are approved by the Trustees;
(P) monitor and advise the Trust and their Funds on their registered investment company status under the Internal Revenue Code of 1986, as amended;
(Q) perform all administrative services and functions of the Trust and each Fund to the extent administrative services and functions are not provided to the Trust or such Fund pursuant to the Trust's or such Fund's investment advisory agreement, distribution agreement, custodian agreement, transfer agent agreement or sub-administration agreement;
(R) furnish advice and recommendations with respect to other aspects of the business and affairs of the Funds as the Trust and the Administrator shall determine desirable; and
(S) prepare and file with the Securities and Exchange Commission ("SEC") all required notices pursuant to Rule 24f-2.
(T) prepare and file with the SEC Form 8-A to register each ETF pursuant to Section 12(b) of the Securities and Exchange Act of 1934, as amended. Also, the Administrator will perform other services for the Trust as agreed from time to time, including, but not limited to performing internal audit examinations, disseminating the shareholder reports of the Funds, and preparing and filing other reports or notices for the Trust and/or the Funds as may be required by the SEC, for all of which the Trust will pay the Administrator's out-of-pocket expenses.
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio Portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust and, and as appropriate, compute the FundTrust's yields, total return, expense ratios, portfolio Fund turnover rate and, if required, portfolio Fund average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares Shares with state securities authorities, monitor sale of Fund shares Trust Shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares Shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares Shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o Shares;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's sharesShares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the its Portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andof the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as reasonably requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio Portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rule 17g-1 and paragraph (d)
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. All services provided hereunder shall be in conformity with the Declaration of trust, Bylaws, resolutions and other instructions of the Board of trustees and the current prospectuses and statements of additional information of the Portfolios. The Administrator agrees to furnish the services set forth herein in return for the compensation provided in Article 4 of this Agreement. The Administrator shall be subject to written service level standards embodied in that certain agreement (the "Service Standards Agreement") between the Administrator and the Sub-Administrator. The determination of compliance with the requisite service level standards shall be the responsibility of the Board of Trustees of the Trust. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities, except with respect to the Portfolios' compliance with investment objective and policies. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator acknowledges that as of the date stated above, it shall enter into a sub-administration agreement with National City Bank, the form of which is attached to this Agreement. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting servicesservices as set forth on Schedule II of this Agreement, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) At the request of the Trustees, examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of DirectorsTrust, , and report to the Board on the performance of such organizations; o provide for and coordinate Trustees;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. All services provided hereunder shall be in conformity with the Agreement and Declaration of Trust, Bylaws, resolutions and other instructions of the Board of Trustees and the current prospectuses and statement of additional information of the Trust. The Administrator agrees to furnish the services set forth herein in return for the compensation provided in Article 4 of this Agreement. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities, except with respect to the Portfolios' compliance with investment objective and policies. The Administrator or its appointed service provider shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting servicesservices as set forth on Schedule II of this Agreement, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator or its appointed service provider shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) At the request of the Trustees, examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of DirectorsTrust, and report to the Board on the performance of such organizations; o provide for and coordinate Trustees;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o shareholders in accordance with the procedures prescribed in the Trust's Registration Statement, with applicable law, and with such other procedures as may be established by the Trustees of the Trust;
(G) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andof the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Administrative and Accounting Services. The Administrator Lindner Management shall provide perxxxx xx supervise the Fund performance by others of other administrative services in connection with the operations of the Fund, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Fund's operations. Lindner Management shall proxxxx xxe Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or subadviser of its responsibilities. Lindner Management shall proxxxx xxe Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholdersshareholders' and Directorsmeetings but not Trustees' meetingsmeetings that are not held at offices of Lindner Management) for handling the handxxxx xxe affairs of the Portfolios Fund and such other services as the Administrator shallTrustees may, from time to time, reasonably request and Lindner Management shall, frxx xxxx to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator Lindner Management shall make reports makx xxxxxts to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Lindner Management shall: o :
(a) calculate Fund contractual expenses and control all disbursements for the Fund, and as appropriate, appropriate compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o weighed maturity for the Fund;
(b) assist outside Fund counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o materials for the Fund;
(c) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund the Fund's shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its the Fund's shares; o ;
(d) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholdersshareholders of the Fund, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetingsmeetings of the Fund, including the tabulation process for such shareholder meetings; o prepare, negotiate;
(e) coordinate with counsel the preparation and negotiation of, and administer administer, contracts on behalf of the Fund with, among others, the Fund's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(f) maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value of the Fund's assets and of the Fund's shares, and provide for supervise the Fund's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(g) calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o ;
(h) coordinate and supervise the preparation and filing of the Fund's tax returns; o ;
(i) examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein andFund, at the request of including, without limitation, the Fund's Board of Directorsinvestment adviser, report to the Board on the performance of such organizations; o provide for distributor, custodian, transfer agent, counsel and coordinate independent public accountants;
(j) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the Fund's semi-annual and annual reports to shareholders; o provide internal legal and administrative services as requested by the Fund from time to time; o provide for and coordinate ;
(k) assist with the design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o ;
(l) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o advise Trustees;
(m) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Fund in accordance with the requirements of Rules 17g-1 and its Board of Directors on matters concerning the Fund and its affairs;17d-1
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection (after consultation with the investment advisers to the portfolios) of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andof the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Administrative and Accounting Services. The Administrator Xxxxxx Management shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. Xxxxxx Management shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. Xxxxxx Management shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholdersshareholders' and Directorsmeetings but not Trustees' meetingsmeetings that are not held at offices of Xxxxxx Management) for handling the affairs of the Portfolios and such other services as the Administrator Trustees may, from time to time, reasonably request and Xxxxxx Management shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator Xxxxxx Management shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Xxxxxx Management shall: o :
(a) calculate Fund contractual expenses and control all disbursements for the FundPortfolios, and as appropriate, appropriate compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o weighed maturity for the Portfolios;
(b) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o materials for the Portfolios;
(c) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's Portfolios' shares with state securities authorities, monitor sale of Fund Portfolio shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Portfolios and the Fund's Portfolios' shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's Portfolios' shares with state securities authorities to enable the Fund Trust to make a continuous offering of its the Portfolios' shares; o ;
(d) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholdersshareholders of the Portfolios, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetingsmeetings of the Portfolios, including the tabulation process for such shareholder meetings; o prepare, negotiate;
(e) coordinate with Trust counsel the preparation and negotiation of, and administer administer, contracts on behalf of the Fund Portfolios with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(f) maintain the Fund's Portfolios' general ledger and prepare the Fund's Portfolios' financial statements, including expense accruals and payments, determine the net asset value of the Fund's Portfolios' assets and of the Fund's Portfolios' shares, and provide for supervise the Portfolios' transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(g) calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o ;
(h) coordinate and supervise the preparation and filing of the Fund's Portfolios' tax returns; o ;
(i) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of DirectorsPortfolios, report to including, without limitation, the Board on the performance of such organizations; o provide for Portfolios' investment adviser, distributor, custodian, transfer agent, counsel and coordinate independent public accountants;
(j) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the Fund's Portfolios' semi-annual and annual reports to shareholders; o provide internal legal and administrative services as requested by the Fund from time to time; o provide for and coordinate ;
(k) assist with the design, development, and operation of the FundPortfolios, including new portfolio and class investment objectives, policies and structure; o ;
(l) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(m) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(n) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Portfolios in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operation of the Funds, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Funds' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub- administrator to perform certain of the services to be performed by the Administrator hereunder, provided, however, that the Administrator is not relieved of its obligations to the Trust as set forth hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholdersshareholders' and DirectorsTrustees' meetingsmeetings but not Trustees' meetings that are not held at offices of the Administrator) for handling the affairs of the Portfolios Funds and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(1) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(2) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o prepare such reports, applications ;
(3) develop and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(4) coordinate with Trust counsel the preparation and negotiation of, and administer administer, contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(5) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o coordinate and supervise the preparation and filing of the Fund's tax returns; o ;
(6) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andFund of the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(7) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(8) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(9) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(10) provide (directly or through a sub-administrator) individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(11) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(12) obtain (directly or through a sub-administrator) and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andof the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1(7) under the 1940 Act as such bonds and policies are approved by the Trust's Board of Trustees;
(P) monitor and advise the Trust and its Portfolios on their registered investment company status under the Internal Revenue Code of 1986, as amended;
(Q) perform all administrative services and functions of the Trust and each Portfolio to the extent administrative services and functions are not provided to the Trust or such Portfolio pursuant to the Trust's or such Portfolio's investment advisory agreement, distribution agreement, custodian agreement and transfer agent agreement;
(R) furnish advice and recommendations with respect to other aspects of the business and affairs of the Portfolios as the Trust and the Administrator shall determine desirable;
(S) prepare and file with the SEC the semi-annual report for the Trust on Form N-SAR and all required notices pursuant to Rule 24f-2;
(T) upon request of the Trust, prepare initial drafts of certain regulatory filings (including summary prospectus, statutory prospectus, statement of additional information and supplements), which drafts shall be provided solely as an administrative convenience to the Trust and shall not be construed as legal advice or a substitute for seeking the advice of appropriate legal counsel; and
(U) upon request of the Trust prepare initial drafts of minutes of board meetings, subject to review and comment of appropriate legal counsel. Also, the Administrator will perform other services for the Trust as agreed from time to time, including, but not limited to performing internal audit examinations; mailing the annual reports of the Portfolios; preparing an annual list of shareholders; and mailing notices of shareholders' meetings, proxies and proxy statements, for all of which the Trust will pay the Administrator's out-of-pocket expenses. Schedule III (“Service Level Agreement”) shall be mutually agreed by the Trust and the Administrator on or before consummation of the reorganization of certain portfolios of the Rochdale Investment Trust into the Trust, expected to take place on or about March 31, 2013. The Service Level Agreement shall set forth: (i) a number specific services which may be objectively measured as key performance indicators (“KPIs”) of the Administrator’s performance of the Services (which KPIs shall be substantively consistent with the representative KPIs already provided to the Trust); (ii) a methodology that will be used to measure and report on the Administrator’s performance of such KPIs, (iii) quantitative and qualitative performance standards for the KPIs (“Performance Standards”), (iv) remediation action obligations of the Administrator in the event of a performance shortfall; and (v) a methodology for determining certain credits (“Performance Credits”) that may become due from the Administrator in the event the KPIs are not provided in accordance with the required Performance Standards. Upon approval by the parties, the Service Level Agreement shall be incorporated as Schedule III and shall thereupon become part of this Agreement.
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall provide the Fund with regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholdersshareholders' and Directorsdirectors' meetings) for handling the affairs of the Portfolios Fund and such other services as the Administrator shall, from time to time, determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Board of Directors, the Administrator shall make reports to the Fund's Directors concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A heretohereunder, as amended by agreement of the parties from time to time. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, shall: o - calculate Fund expenses and control all disbursements for the Fund, and as appropriate, compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o - assist outside Fund counsel with preparation of prospectuses, statements of additional information, registration statements and proxy materials; o prepare such reports, applications and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o - prepare communications to shareholders, including the annual and semi-annual reports to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o - prepare, negotiate, and administer contracts on behalf of the Fund with, among others, the Fund's distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o - maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value of the Fund's assets and of the Fund's shares, and provide for the payment of dividends and other distributions to shareholders; o - calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o - coordinate and supervise the preparation and filing of the Fund's tax returns; o - examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of Directors, report to the Board on the performance of such organizations; o - provide for and coordinate the layout and printing of publicly disseminated prospectuses and the Fund's publicly disseminated semi-annual and annual reports to shareholders; o - provide internal legal and administrative services as requested by the Fund from time to time; o provide for and coordinate the design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o - provide individuals reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's affairs as determined by the Fund's Board of Directors; o - advise the Fund and its Board of Directors on matters concerning the Fund and its affairs;
Appears in 1 contract
Samples: Administration Agreement (First American Strategic Income Portfolio Inc)
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Funds, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Funds' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio Fund accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios Funds and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust and, and as appropriate, compute the FundTrust's yields, total return, expense ratios, portfolio Fund turnover rate and, if required, portfolio Fund average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares Shares with state securities authorities, monitor sale of Fund shares Trust Shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares Shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares Shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o Shares;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's sharesShares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its Funds for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andFund of the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as reasonably requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio Fund and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rule 17g-1 and paragraph (d)
Appears in 1 contract
Samples: Administration Agreement (Friends Ivory & Sime Funds)
Administrative and Accounting Services. The Administrator shall -------------------------------------- perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. All services provided hereunder shall be in conformity with the Agreement and Declaration of Trust, Bylaws, resolutions and other instructions of the Board of Trustees and the current prospectuses and statement of additional information of the Trust. The Administrator agrees to furnish the services set forth herein in return for the compensation provided in Article 4 of this Agreement. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities, except with respect to the Portfolios' compliance with investment objective and policies. The Administrator or its appointed service provider shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting servicesservices as set forth on Schedule II of this Agreement, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator or its appointed service provider shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) At the request of the Trustees, examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of DirectorsTrust, and report to the Board on the performance of such organizations; o provide for and coordinate Trustees;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Fund, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Directors of the Fund with such reports regarding investment performance as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Fund with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and Directors' meetings) for handling the affairs of the Portfolios and such other services as the Directors may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Board of Directors (the "Directors"), the Administrator shall make reports to the Fund's Directors concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(a) calculate contractual Fund expenses and control all disbursements for the Fund, and as appropriate, appropriate compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(b) assist outside Fund counsel with the preparation of prospectuses, statements of additional information, registration statements and statements, proxy materials; o ;
(c) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o ;
(d) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(e) coordinate with Fund counsel the preparation and negotiation of, and administer contracts on behalf of the Fund with, among others, the Fund's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(f) maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value of the Fund's assets and of the Fund's shares, and provide for supervise the Fund's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(g) calculate performance data of the Fund and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(h) coordinate and supervise the preparation and filing of the Fund's tax returns; o ;
(i) examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein andof the Fund, including, without limitation, the Fund's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of Directors, report to the Board Directors on the performance of such organizations; o provide for and coordinate ;
(j) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the Fund's semi-annual and annual reports to shareholders; o ;
(k) provide internal legal and administrative services as requested by the Fund from time to time; o provide , including but not limited to preparation of materials for and coordinate the quarterly meetings of the Board of Directors;
(l) assist with the design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o ;
(m) provide individuals reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's affairs as determined by the Fund's Board of Directors; o ;
(n) advise the Fund and its Board of Directors on matters concerning the Fund and its affairs;
(o) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Fund in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of accounting and administrative services in connection with the operations of the Portfolios. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance of any investment adviser or sub-adviser, including any investment but not limited to any such adviser's or sub-adviser's compliance with applicable investment policies and applicable laws, rules and regulations governing investments of the Portfolios. The Administrator may sub-contract with third parties to perform certain of the services to be performed by the Administrator hereunder; provided, however, that the Administrator shall remain principally responsible to the Trust for the acts and omissions of such other entities. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at as reasonably requested by the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, with respect to each Portfolio, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual expenses and control all disbursements for the Fundand, and as appropriate, compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o assist outside Fund ;
(B) coordinate with Trust counsel in connection with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares Shares with state securities authorities, monitor sale of Fund shares Shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the Fund's shares Shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the Fund's shares Shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o prepare Shares;
(D) assist with the development and preparation of communications to shareholders, including the annual and semi-annual reports to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare;
(E) coordinate with Trust counsel the preparation and, negotiatewhere appropriate, and administer negotiation of contracts on behalf of the Fund Trust with, among others, the FundTrust's transfer agent, investment adviser, sub-adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o independent accountants, and custodian;
(F) maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value of the Fund's assets and of the Fund's shares, and provide for the payment of dividends and other distributions to shareholders; o Shares;
(G) calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of tax returns;
(I) coordinate the Trust's board of director's schedule and agenda and Fund's tax returns; o examine and review the operations and performance designated agent's production of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of Directors, report to the Board on the performance of such organizations; o provide for and coordinate board meeting materials
(J) assist with the layout and printing of publicly disseminated prospectuses and the Fund's assist with and coordinate layout and printing of semi-annual and annual reports to shareholders; o provide internal legal and administrative services as requested by ;
(K) assist with the Fund from time to time; o provide for and coordinate the ongoing design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(L) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board Trustees;
(M) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions liability insurance policies for the Trust in accordance with the requirements of Directors; o advise the Fund Rule 17g-1 and its Board of Directors on matters concerning the Fund and its affairs;paragraph (d)
Appears in 1 contract
Samples: Administration Agreement (MDL Funds)
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Funds and, on behalf of the Trusts, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Funds’ operations. The Administrator shall provide the Fund Trustees of the Trusts with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trusts with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' shareholders’ and Directors' Board of Trustees’ meetings) for handling the affairs of the Portfolios Funds and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Trusts’ Board of DirectorsTrustees (the “Trustees”), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrusts, and as appropriate, appropriate compute the Fund's Trusts’ yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements and statements, proxy materials; o , and exemptive applications;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's Trusts’ shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trusts and the Fund's Trusts’ shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trusts and the Fund's Trusts’ shares with state securities authorities to enable the Fund Trusts to make a continuous offering of its their shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate the mailing of prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trusts for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trusts with, among others, the Fund's Trusts’ investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the Fund's Trusts’ general ledger and prepare the Fund's Trusts’ financial statements, including expense accruals and payments, determine the net asset value of the Fund's Trusts’ assets and of the Fund's Trusts’ shares, and provide for supervise the Trusts’ transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trusts and the Portfolios their Funds for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the Fund's Trusts’ tax returns; o ;
(I) examine and review the operations and performance of the various organizations providing services to the Fund Trusts or any Portfolio directly or on a subcontracted basis as provided for herein andFunds of the Trusts, including, without limitation, the Trusts’ sub-advisers, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the Fund's semi-annual Trusts’ semiannual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trusts from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrusts, including new portfolio Funds and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrusts, who will be responsible for the management of certain of the Fund's Trusts’ affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trusts and its Board of Directors their Trustees on matters concerning the Fund Trusts and its their affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trusts in accordance with the requirements of Rules 17g-1 and 17d-1(7) under the 1940 Act as such bonds and policies are approved by the Trustees;
(P) monitor and advise the Trusts and their Funds on their registered investment company status under the Internal Revenue Code of 1986, as amended;
(Q) perform all administrative services and functions of the Trusts and each Fund to the extent administrative services and functions are not provided to the Trust or such Fund pursuant to the Trusts’ or such Fund’s investment advisory agreement, distribution agreement, custodian agreement, transfer agent agreement or sub-administration agreement;
(R) furnish advice and recommendations with respect to other aspects of the business and affairs of the Funds as the Trusts and the Administrator shall determine desirable; and
(S) prepare and file with the Securities and Exchange Commission (“SEC”) the semiannual report for the Trusts on Form N-SAR and all required notices pursuant to Rule 24f-2. Also, the Administrator will perform other services for the Trusts as agreed from time to time, including, but not limited to performing internal audit examinations; mailing the annual reports of the Funds; preparing an annual list of shareholders; and mailing notices of shareholders’ meetings, proxies and proxy statements, for all of which the Trusts will pay the Administrator’s out-of-pocket expenses.
Appears in 1 contract
Samples: Administration Agreement (Touchstone Funds Group Trust)
Administrative and Accounting Services. The Administrator shall -------------------------------------- perform or supervise the performance by others of accounting and administrative services in connection with the operations of the Portfolios. The Administrator shall provide the Fund Board of Directors of the Company (the "Directors") with such reports regarding investment performance, the operation of the Portfolios and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request, but shall have no responsibility for supervising the performance of any investment adviser or sub-adviser, including any investment adviser's or sub-adviser's compliance with applicable investment policies and applicable laws, rules and regulations governing investments of the Portfolios, except that SEI shall perform secondary compliance testing as set forth below. The Administrator may sub-contract with third parties to perform certain of the services to be performed by the Administrator hereunder; provided, however, that the Administrator shall remain principally responsible to the Company for the acts and omissions of such other entities. The Administrator shall provide the Company with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and Directors' meetings) for handling the affairs of the Portfolios and such other services as the Directors may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at as reasonably requested by the request of the Fund's Board of Directors, the Administrator shall make reports to the Fund's Directors concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, with respect to each Portfolio, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual expenses and control all disbursements for the Fundand, and as appropriate, compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted dollar- weighed maturity; o assist outside ;
(B) coordinate the processing and payment of all fund related expenses, prepare Fund counsel with preparation portfolio expense projections, establish accruals and review on a periodic basis, including expenses based on a percentage of prospectusesa Portfolio's average daily net assets (e.g., statements of additional informationadvisory and administrative fees) and expenses based on actual charges annualized and accrued daily (e.g., audit fees, registration fees);
(C) maintain the general ledger and prepare the financial statements, including expense accruals and payments, and provide financial information for proxies, registration statements and proxy materials; o other shareholder communications;
(D) calculate the net asset value of each Portfolio;
(E) calculate performance data and disseminate to information services covering the investment company industry;
(F) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file tax returns;
(G) assist in the coordination of communications and data collection with regards to any yearly audit by independent accountants;
(H) calculate and recommend dividend and capital gain distributions in accordance with distribution policies detailed in prospectuses;
(I) assist with the appropriate securities authorities layout and printing of publicly disseminated prospectuses and assist with and coordinate layout, printing and filing of semi-annual and annual reports to shareholders;
(J) assist with the registration statements development and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering preparation of its shares; o prepare communications to shareholders, including the annual and semi-annual reports to shareholders, review shareholder letters and MD&A disclosures, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Company for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare;
(K) perform secondary portfolio compliance monitoring on a trade date plus two day basis for each Portfolio and coordinate with the investment adviser and fund counsel resolution of violations;
(L) monitor on a secondary basis the regulated investment company status of the Company and its Portfolios under the Internal Revenue Code of 1986, negotiateas amended;
(M) prepare and file with the SEC the semi-annual report for the Company on Form NSAR and all required notices pursuant to Rule 24f-2;
(N) for new Portfolios, obtain Employer or Taxpayer Identification or CUSIP numbers, estimate organizational costs and monitor against actual disbursements;
(O) notify shareholders as to what portion, if any, of distributions made during the prior fiscal year were exempt-interest dividends;
(P) provide Form 1099-MISC to persons other than corporations (i.e., the Directors) to whom the Fund paid more than $600 during the year;
(Q) coordinate with Company counsel in connection with the preparation and filing of fund organizational documents, prospectuses, statements of additional information, registration statements, and administer proxy materials;
(R) coordinate with and monitor the work of Company counsel, including the preparation and review of contracts on behalf of the Fund Company with, among others, the FundCompany's transfer agent, investment adviser, sub- adviser, distributor, subject to any approvals or reapprovals independent accountants, and custodian, and the review and analysis of affiliated transactions contemplated by advisers and in-kind redemptions;
(S) coordinate the Fund's Board of Directors required by applicable law or Board procedures; o maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value preparation of the Fund's assets board agenda and the production of the Fund's sharesboard meeting materials, and provide for attend board meetings;
(T) assist with the payment of dividends and other distributions to shareholders; o calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o coordinate and supervise the preparation and filing of the Fund's tax returns; o examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of Directors, report to the Board on the performance of such organizations; o provide for and coordinate the layout and printing of publicly disseminated prospectuses and the Fund's semi-annual and annual reports to shareholders; o provide internal legal and administrative services as requested by the Fund from time to time; o provide for and coordinate the ongoing design, development, and operation of the FundCompany, including new portfolio and class investment objectives, policies and structure; o ;
(U) provide individuals reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the FundCompany, who will be responsible for the management of certain of the FundCompany's affairs as determined by the Fund's Board Directors;
(V) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Company in accordance with the requirements of Directors; o advise the Fund Rule 17g-1 and its Board of Directors on matters concerning the Fund and its affairs;paragraph (d)
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting Accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the Fund's Trusts shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(1) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andof the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Samples: Administrative Services Agreement (Cni Charter Funds)
Administrative and Accounting Services. The Administrator -------------------------------------- shall perform or supervise the performance by others of administrative services in connection with the operations of the Portfolios, and, on behalf of the Fund, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Board of Directors of the Fund with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may, with the prior consent of the Fund, appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Fund with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholdersshareholders' and Directors' meetings) for handling the affairs of the Portfolios and such other services as the Directors may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Board of Directors (the "Directors"), the Administrator shall make reports to the Fund's Directors concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate contractual Fund expenses and control all disbursements for the Fund, and as appropriate, appropriate compute the Fund's Portfolios' yields, total returnreturns, expense ratios, portfolio turnover rate rates and, if required, portfolio average dollar-weighted maturity; o weighed maturities;
(B) assist outside Fund counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Fund counsel the preparation and negotiation of, and administer contracts on behalf of the Fund with, among others, the Fund's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value of the Fund's assets and of the Fund's shares, and provide for supervise the Fund's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the Fund's Portfolios' tax returns; o ;
(I) examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein andPortfolio, including, without limitation, the Fund's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of Directors, report to the Board Directors on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the Fund's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's affairs as determined by the Fund's Board of Directors; o ;
(N) advise the Fund and its Board of Directors on matters concerning the Fund and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Fund in accordance with the requirements of Rules 17g-1 and 17d-1(d)(7) under the 1940 Act as such bonds and policies are approved by the Fund's Board of Directors;
(P) monitor and advise the Fund and its Portfolios on their regulated investment company status under the Internal Revenue Code of 1986, as amended;
(Q) perform all administrative services and functions of the Fund and each Portfolio to the extent administrative services and functions are not provided to the Fund or such Portfolio pursuant to the Fund's or such Portfolio's investment advisory agreement, distribution agreement, custodian agreement and transfer agent agreement;
(R) furnish advice and recommendations with respect to other aspects of the business and affairs of the Portfolios as the Fund and the Administrator shall determine desirable; and
(S) prepare and file with the SEC the semi-annual report for the Fund on Form N-SAR and all required notices pursuant to Rule 24f-2. Also, the Administrator will perform other services for the Fund as agreed from time to time, including, but not limited to performing internal audit examinations; mailing the annual reports of the Portfolios; preparing an annual list of shareholders; and mailing notices of shareholders' meetings, proxies and proxy statements, for all of which the Fund will pay the Administrator's out-of-pocket expenses.
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall provide the Fund with regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and Directors' meetings) for handling the affairs of the Portfolios and such other services as the Administrator shall, from time to time, determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Board of Directors, the Administrator shall make reports to the Fund's Directors concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to time. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, shall: o calculate Fund expenses and control all disbursements for the Fund, and as appropriate, compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o assist outside Fund counsel with preparation of prospectuses, statements of additional information, registration statements and proxy materials; o prepare such reports, applications and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o prepare communications to shareholders, including the annual and semi-annual reports to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate, and administer contracts on behalf of the Fund with, among others, the Fund's distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value of the Fund's assets and of the Fund's shares, and provide for the payment of dividends and other distributions to shareholders; o calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o coordinate and supervise the preparation and filing of the Fund's tax returns; o examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of Directors, report to the Board on the performance of such organizations; o provide for and coordinate the layout and printing of publicly disseminated prospectuses and the Fund's semi-annual and annual reports to shareholders; o provide internal legal and administrative services as requested by the Fund from time to time; o provide for and coordinate the design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o provide individuals reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's affairs as determined by the Fund's Board of Directors; o advise the Fund and its Board of Directors on matters concerning the Fund and its affairs;; o obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Fund in
Appears in 1 contract
Samples: Administration Agreement (First American Investment Funds Inc)
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Fund, and, on behalf of the Fund, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Fund's operations. All services provided hereunder shall be in conformity with the Articles of Incorporation, Bylaws, resolutions and other instructions of the Board of Directors and the current prospectuses and statement of additional information of the Fund. The Administrator agrees to furnish the services set forth herein in return for the compensation provided in Article 4 of this Agreement. The Administrator shall provide the Directors of the Fund with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities, except with respect to the Fund's compliance with investment objectives and policies. The Administrator or its appointed service provider shall provide the Directors with administrative services, regulatory reporting, fund accounting and related portfolio fund accounting servicesservices as set forth on Schedule II of this Agreement, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and Directors' Fund meetings) for handling the affairs of the Portfolios Fund and such other services as the Fund may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Fund Board of Directors (the "Directors"), the Administrator shall make reports to the Fund's Directors Fund concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator or its appointed service provider shall: o :
(A) calculate contractual Fund expenses and control all disbursements for the Fund, and as appropriate, appropriate compute the Fund's Fund yields, total return, expense ratios, portfolio fund turnover rate and, if required, portfolio fund average dollar-weighted maturity; o ;
(B) assist outside Fund counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's Fund shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund and the Fund's Fund shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's Fund shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with internal and external Fund counsel the preparation of, and administer contracts on behalf of the Fund with, among others, the Fund's Fund investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the Fund's Fund general ledger and prepare the Fund's Fund financial statements, including expense accruals and payments, determine the net asset value of the Fund's Fund assets and of the Fund's Fund shares, and provide for supervise the Fund transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund and the Portfolios its funds for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the Fund's Fund tax returns; o ;
(I) at the request of the Fund, examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein andFund, at the request of the Fund's Board of Directors, and report to the Board on the performance of such organizations; o provide for and coordinate Fund;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the Fund's Fund semi-annual and annual reports to shareholders; o ;
(K) provide internal legal legal, compliance and administrative services as requested by the Fund from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the Fund, including new portfolio fund and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Fund for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's Fund affairs as determined by the Fund's Board of Directors; o ;
(N) advise the Fund and its Board of Directors on matters concerning the Fund and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Fund in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Samples: Administrative Services Agreement (Sunamerica Senior Floating Rate Fund Inc)
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Fund, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios’ operations. All services provided hereunder shall be in conformity with the Articles of Incorporation, Bylaws, resolutions and other instructions of the Board of Directors (the “Board” and the members of which are referred to as “Directors”) and the current prospectus(es) and statement(s) of additional information of the Fund. The Administrator agrees to furnish the services set forth herein in return for the compensation provided in Article 4 of this Agreement. The Administrator shall provide the Directors of the Fund with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities, except with respect to the Portfolios’ compliance with investment objective and policies. The Administrator or its appointed service provider shall provide the Directors with administrative services, regulatory reporting, fund accounting and related portfolio accounting servicesservices as set forth on Schedule II of this Agreement, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' shareholders’ and Directors' Fund meetings) for handling the affairs of the Portfolios and such other services as the Fund may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Board of DirectorsBoard, the Administrator shall make reports to the Fund's Directors Fund concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator or its appointed service provider shall: o :
(A) calculate contractual Fund expenses and control all disbursements for the Fund, and as appropriate, appropriate compute the Fund's Fund yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o ;
(B) assist outside Fund counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o prepare such reports, applications ;
(C) develop and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate, ;
(D) coordinate with internal and administer external Fund counsel the preparation and administration of contracts on behalf of the Fund with, among others, the Fund's Fund investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(E) maintain the Fund's Fund general ledger and prepare the Fund's Fund financial statements, including expense accruals and payments, determine the net asset value of the Fund's Fund assets and of the Fund's Fund shares, and provide for supervise the Fund transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(F) calculate performance data of the Fund and the its Portfolios for dissemination to information services covering the investment company industry; o ;
(G) coordinate and supervise the preparation and filing of the Fund's Fund tax returns; o ;
(H) at the request of the Fund, examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of Directors, and report to the Board on the performance of such organizations; o provide for and coordinate Fund;
(I) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the Fund's Fund semi-annual and annual reports to shareholders; o ;
(J) provide internal legal legal, compliance and administrative services as requested by the Fund from time to time; o provide for and coordinate ;
(K) assist with the design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o ;
(L) provide individuals reasonably acceptable to the Fund's Board of Directors Fund for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's Fund affairs as determined by the Fund's Board of Directors; o ;
(M) advise the Fund and its Board of Directors on matters concerning the Fund and its affairs;
(N) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Fund in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of accounting and administrative services in connection with the operations of the Portfolios. The Administrator shall provide the Fund Directors of the Company with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance of any investment adviser or sub-adviser, including any investment adviser's or sub-adviser's compliance with applicable investment policies and applicable laws, rules and regulations governing investments of the Portfolios. The Administrator may sub-contract with third parties to perform certain of the services to be performed by the Administrator hereunder; provided, however, that the Administrator shall remain principally responsible to the Company for the acts and omissions of such other entities. The Administrator shall provide the Company with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and Directors' meetings) for handling the affairs of the Portfolios and such other services as the Directors may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at as reasonably requested by the request of the FundCompany's Board of Directors (the "Directors"), the Administrator shall make reports to the Fund's Directors concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, with respect to each Portfolio, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual expenses and control all disbursements for the Fundand, and as appropriate, compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o assist outside Fund ;
(B) coordinate with Company counsel in connection with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares Shares with state securities authorities, monitor sale of Fund shares Shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Company and the Fund's shares Shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Company and the Fund's shares Shares with state securities authorities to enable the Fund Company to make a continuous offering of its shares; o prepare Shares;
(D) assist with the development and preparation of communications to shareholders, including the annual and semi-annual reports to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Company for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare;
(E) coordinate with Company counsel the preparation and, negotiatewhere appropriate, and administer negotiation of contracts on behalf of the Fund Company with, among others, the FundCompany's transfer agent, investment adviser, sub-adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o independent accountants, and custodian;
(F) maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value of the Fund's assets and of the Fund's shares, and provide for the payment of dividends and other distributions to shareholders; o Shares;
(G) calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the Fund's tax returns; o examine ;
(I) coordinate the Company's board of director's schedule, agenda and review the operations and performance production of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of Directors, report to the Board on the performance of such organizations; o provide for and coordinate board meeting materials
(J) assist with the layout and printing of publicly disseminated prospectuses and the Fund's assist with and coordinate layout and printing of semi-annual and annual reports to shareholders; o provide internal legal and administrative services as requested by ;
(K) assist with the Fund from time to time; o provide for and coordinate the ongoing design, development, and operation of the FundCompany, including new portfolio and class investment objectives, policies and structure; o ;
(L) provide individuals reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the FundCompany, who will be responsible for the management of certain of the FundCompany's affairs as determined by the FundDirectors;
(M) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Company in accordance with the requirements of Rule 17g-1 and paragraph (d)(7) of Rule 17d-l under the 1940 Act as such bonds and policies are approved by the Company's Board of Directors; o advise ;
(N) monitor on a secondary basis the Fund regulated investment company status of the Company and its Board Portfolios under the Internal Revenue Code of Directors 1986, as amended; and
(O) prepare and file with the SEC the semi-annual report for the Company on matters concerning Form NSAR and all required notices pursuant to Rule 24f-2. Also, the Fund Administrator will perform other services for the Company as agreed from time to time, including, but not limited to performing secondary portfolio compliance monitoring and reporting on a trade date plus two day basis; internal audit examinations; mailing the annual reports of the Portfolios; preparing an annual list of shareholders; and mailing notices of shareholders' meetings, proxies and proxy statements, for all of which the Company will pay the Administrator's reasonable out-of-pocket expenses. In meeting its affairs;duties hereunder, Administrator shall have the general authority to do all acts deemed in the Administrator's good faith belief to be necessary and proper to perform its obligations under this Agreement.
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(B) assist outside Fund counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Fund counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andof the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. All services provided hereunder shall be in conformity with the Declaration of trust, Bylaws, resolutions and other instructions of the Board of trustees and the current prospectuses and statements of additional information of the Portfolios. The Administrator agrees to furnish the services set forth herein in return for the compensation provided in Article 4 of this Agreement. The determination of compliance with the requisite service level standards shall be the responsibility of the Board of Trustees of the Trust. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities, except with respect to the Portfolios' compliance with investment objective and policies. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting servicesservices as set forth on Schedule II of this Agreement, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) At the request of the Trustees, examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of DirectorsTrust, and report to the Board on the performance of such organizations; o provide for and coordinate Trustees;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Fund, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Directors of the Fund with such reports regarding investment performance as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub- administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Fund with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and Directors' meetings) for handling the affairs of the Portfolios and such other services as the Directors may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the Fund's Board of Directors (the "Directors"), the Administrator shall make reports to the Fund's Directors concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(a) calculate contractual Fund expenses and control all disbursements for the Fund, and as appropriate, appropriate compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o ;
(b) assist outside Fund counsel with the preparation of prospectuses, statements of additional information, registration statements and statements, proxy materials; o ;
(c) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o ;
(d) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(e) coordinate with Fund counsel the preparation and negotiation of, and administer contracts on behalf of the Fund with, among others, the Fund's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(f) maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value of the Fund's assets and of the Fund's shares, and provide for supervise the Fund's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(g) calculate performance data of the Fund and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(h) coordinate and supervise the preparation and filing of the Fund's tax returns; o ;
(i) examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein andof the Fund, including, without limitation, the Fund's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of Directors, report to the Board Directors on the performance of such organizations; o provide for and coordinate ;
(j) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the Fund's semi-annual and annual reports to shareholders; o ;
(k) provide internal legal and administrative services as requested by the Fund from time to time; o provide , including but not limited to preparation of materials for and coordinate the quarterly meetings of the Board of Directors;
(l) assist with the design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o ;
(m) provide individuals reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's affairs as determined by the Fund's Board of Directors; o ;
(n) advise the Fund and its Board of Directors on matters concerning the Fund and its affairs;
(o) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Fund in accordance with the requirements of Rules 17g-1 and 17d-1
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of accounting and administrative services in connection with the operations of the Portfolios. The Administrator shall provide the Directors of the Fund with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance of any investment adviser or sub-adviser, including any investment adviser's or sub-adviser's compliance with applicable investment policies and applicable laws, rules and regulations governing investments of the Portfolios. The Administrator may sub-contract with third parties to perform certain of the services to be performed by the Administrator hereunder; provided, however, that the Administrator shall remain principally responsible to the Fund for the acts and omissions of such other entities. The Administrator shall provide the Fund with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and Directors' meetings) for handling the affairs of the Portfolios and such other services as the Directors may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of as reasonably requested by the Fund's Board of Directors (the "Directors"), the Administrator shall make reports to the Fund's Directors concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, with respect to each Portfolio, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual expenses and control all disbursements for the Fundand, and as appropriate, compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted weighed maturity; o assist outside ;
(B) coordinate with Fund counsel in connection with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares Shares with state securities authorities, monitor sale of Fund shares Shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund and the Fund's shares Shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares Shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o prepare Shares;
(D) assist with the development and preparation of communications to shareholders, including the annual and semi-annual reports to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare;
(E) coordinate with Fund counsel the preparation and, negotiatewhere appropriate, and administer negotiation of contracts on behalf of the Fund with, among others, the Fund's transfer agent, investment adviser, sub-adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o independent accountants, and custodian;
(F) maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value of the Fund's assets and of the Fund's shares, and provide for the payment of dividends and other distributions to shareholders; o Shares;
(G) calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of tax returns;
(I) coordinate the Fund's tax returns; o examine board of director's schedule and review the operations agenda and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board designated agent's production of Directors, report to the Board on the performance of such organizations; o provide for and coordinate board meeting materials;
(J) assist with the layout and printing of publicly disseminated prospectuses and the Fund's assist with and coordinate layout and printing of semi-annual and annual reports to shareholders; o provide internal legal and administrative services as requested by ;
(K) assist with the Fund from time to time; o provide for and coordinate the ongoing design, development, and operation of the Fund, including new portfolio and class investment objectives, policies and structure; o ;
(L) provide individuals reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's affairs as determined by the Fund's Board of Directors; o advise ;
(M) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Fund in accordance with the requirements of Rule 17g-1 and its Board of Directors on matters concerning the Fund and its affairs;paragraph (d)
Appears in 1 contract
Administrative and Accounting Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, legal counsel, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operations. The Administrator shall provide the Fund Trustees of the Trust with such reports regarding investment performance and compliance with investment policies and applicable laws, rules and regulations as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator may appoint a sub-administrator to perform certain of the services to be performed by the Administrator hereunder. The Administrator shall provide the Trust with administrative services, regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel, compensation and facilities (including facilities for Shareholders' and DirectorsTrustees' meetings) for handling the affairs of the Portfolios and such other services as the Trustees may, from time to time, reasonably request and the Administrator shall, from time to time, reasonably determine to be necessary to perform its obligations under this Agreement. In addition, at the request of the FundTrust's Board of DirectorsTrustees (the "Trustees"), the Administrator shall make reports to the Fund's Directors Trustees concerning the performance of its obligations hereunder including such activities as are set forth on Exhibit A hereto, as amended by agreement of the parties from time to timehereunder. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, Administrator shall: o :
(A) calculate Fund contractual Trust expenses and control all disbursements for the FundTrust, and as appropriate, appropriate compute the FundTrust's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o ;
(B) assist outside Fund Trust counsel with the preparation of prospectuses, statements of additional information, registration statements statements, and proxy materials; o ;
(C) prepare such reports, applications and documents (including reports regarding the sale and redemption of shares Shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the FundTrust's shares with state securities authorities, monitor sale of Fund Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the registration statements and reports for the Fund Trust and the FundTrust's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund Trust and the FundTrust's shares with state securities authorities to enable the Fund Trust to make a continuous offering of its shares; o ;
(D) develop and prepare communications to shareholders, including the annual and semi-annual reports report to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund Trust shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund Trust for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate;
(E) coordinate with Trust counsel the preparation and negotiation of, and administer contracts on behalf of the Fund Trust with, among others, the FundTrust's investment adviser, distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o custodian, and transfer agent;
(F) maintain the FundTrust's general ledger and prepare the FundTrust's financial statements, including expense accruals and payments, determine the net asset value of the FundTrust's assets and of the FundTrust's shares, and provide for supervise the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders; o ;
(G) calculate performance data of the Fund Trust and the Portfolios its portfolios for dissemination to information services covering the investment company industry; o ;
(H) coordinate and supervise the preparation and filing of the FundTrust's tax returns; o ;
(I) examine and review the operations and performance of the various organizations providing services to the Fund Trust or any Portfolio directly or on a subcontracted basis as provided for herein andof the Trust, including, without limitation, the Trust's investment adviser, distributor, custodian, transfer agent, outside legal counsel and independent public accountants, and at the request of the Fund's Board of DirectorsTrustees, report to the Board Trustees on the performance of such organizations; o provide for and coordinate ;
(J) assist with the layout and printing of publicly disseminated prospectuses and assist with and coordinate layout and printing of the FundTrust's semi-annual and annual reports to shareholders; o ;
(K) provide internal legal and administrative services as requested by the Fund Trust from time to time; o provide for and coordinate ;
(L) assist with the design, development, and operation of the FundTrust, including new portfolio and class investment objectives, policies and structure; o ;
(M) provide individuals reasonably acceptable to the Fund's Board of Directors Trustees for nomination, appointment, or election as officers of the FundTrust, who will be responsible for the management of certain of the FundTrust's affairs as determined by the Fund's Board of Directors; o Trustees;
(N) advise the Fund Trust and its Board of Directors Trustees on matters concerning the Fund Trust and its affairs;
(O) obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of Rules 17g-1 and 17d-1(7) under the 1940 Act as such bonds and policies are approved by the Trust's Board of Trustees;
(P) monitor and advise the Trust and its Portfolios on their registered investment company status under the Internal Revenue Code of 1986, as amended;
(Q) perform all administrative services and functions of the Trust and each Portfolio to the extent administrative services and functions are not provided to the Trust or such Portfolio pursuant to the Trust's or such Portfolio's investment advisory agreement, distribution agreement, custodian agreement and transfer agent agreement;
(R) furnish advice and recommendations with respect to other aspects of the business and affairs of the Portfolios as the Trust and the Administrator shall determine desirable;
(S) prepare and file with the SEC the semi-annual report for the Trust on Form N-SAR and all required notices pursuant to Rule 24f-2;
(T) upon request of the Trust, prepare initial drafts of certain regulatory filings (including summary prospectus, statutory prospectus, statement of additional information and supplements), which drafts shall be provided solely as an administrative convenience to the Trust and shall not be construed as legal advice or a substitute for seeking the advice of appropriate legal counsel; and
(U) upon request of the Trust prepare initial drafts of minutes of board meetings, subject to review and comment of appropriate legal counsel. Also, the Administrator will perform other services for the Trust as agreed from time to time, including, but not limited to performing internal audit examinations; mailing the annual reports of the Portfolios; preparing an annual list of shareholders; and mailing notices of shareholders' meetings, proxies and proxy statements, for all of which the Trust will pay the Administrator's out-of-pocket expenses. Schedule III (“Service Level Agreement”) shall be mutually agreed by the Trust and the Administrator on or before consummation of the reorganization of certain portfolios of the Rochdale Investment Trust into the Trust, expected to take place on or about March 31, 2013. The Service Level Agreement shall set forth: (i) a number specific services which may be objectively measured as key performance indicators (“KPIs”) of the Administrator’s performance of the Services (which KPIs shall be substantively consistent with the representative KPIs already provided to the Trust); (ii) a methodology that will be used to measure and report on the Administrator’s performance of such KPIs, (iii) quantitative and qualitative performance standards for the KPIs (“Performance Standards”), (iv) remediation action obligations of the Administrator in the event of a performance shortfall; and (v) a methodology for determining certain credits (“Performance Credits”) that may become due from the Administrator in the event the KPIs are not provided in accordance with the required Performance Standards. Upon approval by the parties, the Service Level Agreement shall be incorporated as Schedule III and shall thereupon become part of this Agreement.
Appears in 1 contract
Administrative and Accounting Services. The Administrator (a) WisCap shall provide supervision and oversight of all aspects of the Funds' operations being preformed by other service providers to the Funds, such as the custodian, transfer agent, administrative agent, accounting agent, and distributor for the Funds ("Other Service Providers").
(b) WisCap shall, on behalf of the Funds, provide information about the Funds to the Other Service Providers in order that the Other Service Providers may sufficiently and timely perform their respective services to the Funds.
(c) WisCap shall assist the Other Service Providers with the preparation of:
(i) the Corporation’s required tax returns;
(ii) reports to shareholders of the Funds;
(iii) the financial statements for the Funds; and
(iv) periodic updates to each Fund's Prospectus and Statement of Additional Information and the preparation of reports filed with the Securities and Exchange Commission and other regulatory authorities.
(d) WisCap shall provide to the Corporation one of its employees to serve as Chief Compliance Officer of the Corporation.
(e) WisCap shall, to the extent not provided by Other Service Providers or pursuant to paragraph 2(b) below, provide the Funds with such other personnel to perform such executive, administrative and clerical services as are reasonably necessary to provide effective administration of the Funds.
(f) WisCap shall maintain and keep current all of the accounts, books and other documents of each Fund in accordance with regulatory reporting, fund accounting 1940 Act to the extent not maintained by the Fund's Other Service Providers.
(g) WisCap shall maintain such staff and related portfolio accounting services, all employ or retain such personnel and consult with such other persons as shall from time to time be reasonably necessary to perform the Services. WisCap shall provide such office space, equipmentfacilities, personnel, compensation equipment and facilities (including facilities for Shareholders' other assets and Directors' meetings) for handling the affairs of the Portfolios and such other services resources as the Administrator shall, from time to time, determine to shall be reasonably necessary to perform its obligations under this Agreement. In additionthe Services.
(h) WisCap, at the request of the Fund's Board of Directors, the Administrator shall make reports to the Fund's Directors concerning in the performance of its obligations hereunder including such activities as are set forth on Exhibit A heretoduties hereunder, as amended shall act in conformity with the Corporation's Articles of Incorporation and Bylaws, each Fund's Prospectus, Statement of Additional Information and Registration Statement, the codes, policies and procedures maintained by agreement the Corporation and applicable to the Services, and the instructions and directions of the parties from time to time. Without limiting the generality of the foregoing, the Administrator, under the supervision of the Fund's Board of Directors, shall: o calculate Fund expenses and control all disbursements for the Fund, and as appropriate, compute the Fund's yields, total return, expense ratios, portfolio turnover rate and, if required, portfolio average dollar-weighted maturity; o assist outside Fund counsel with preparation of prospectuses, statements of additional information, registration statements and proxy materials; o prepare such reports, applications and documents (including reports regarding the sale and redemption of shares as may be required in order to comply with Federal and state securities law) as may be necessary or desirable to register the Fund's shares with state securities authorities, monitor sale of Fund shares for compliance with state securities laws, and file with the appropriate securities authorities the registration statements and reports for the Fund and the Fund's shares and all amendments thereto, as may be necessary or convenient to register and keep effective the Fund and the Fund's shares with state securities authorities to enable the Fund to make a continuous offering of its shares; o prepare communications to shareholders, including the annual and semi-annual reports to shareholders, coordinate mailing prospectuses, notices, proxy statements, proxies and other reports to Fund shareholders, and supervise and facilitate the solicitation of proxies solicited by the Fund for all shareholder meetings, including the tabulation process for shareholder meetings; o prepare, negotiate, and administer contracts on behalf of the Fund with, among others, the Fund's distributor, subject to any approvals or reapprovals by the Fund's Board of Directors required by applicable law or Board procedures; o maintain the Fund's general ledger and prepare the Fund's financial statements, including expense accruals and payments, determine the net asset value of the Fund's assets Corporation, and shall comply with and conform to the requirements of the Fund's shares1940 Act and all other applicable federal and state laws, regulations and provide for the payment of dividends and other distributions to shareholders; o calculate performance data of the Fund and the Portfolios for dissemination to information services covering the investment company industry; o coordinate and supervise the preparation and filing of the Fund's tax returns; o examine and review the operations and performance of the various organizations providing services to the Fund or any Portfolio directly or on a subcontracted basis as provided for herein and, at the request of the Fund's Board of Directors, report rulings.
(i) WisCap shall render to the Board on the performance of such organizations; o provide for and coordinate the layout and printing of publicly disseminated prospectuses and the Fund's semi-annual and annual reports to shareholders; o provide internal legal and administrative services as requested by the Fund from time to time; o provide for and coordinate the design, development, and operation Directors of the Fund, including new portfolio Corporation such periodic and class investment objectives, policies and structure; o provide individuals special reports as the Board may reasonably acceptable to the Fund's Board of Directors for nomination, appointment, or election as officers of the Fund, who will be responsible for the management of certain of the Fund's affairs as determined by the Fund's Board of Directors; o advise the Fund and its Board of Directors on matters concerning the Fund and its affairs;request.
Appears in 1 contract
Samples: Administrative and Accounting Services Agreement (Wisconsin Capital Funds Inc)
