Duties as Administrator. Funds Management shall, at its expense, provide the following administrative services in connection with the operations of the Trust and the Funds: (a) receive and tabulate shareholder votes; (b) furnish statistical and research data; (c) coordinate (or assist in) the preparation and filing with the U.S. Securities and Exchange Commission (“SEC”) of registration statements, notices, shareholder reports, and other material required to be filed under applicable laws; (d) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable laws; (e) prepare and file Form 24F-2s and N-SARs; (f) review bills submitted to the Funds and, upon determining that a xxxx is appropriate, allocating amounts to the appropriate Funds and Classes thereof and instructing the Funds’ custodian to pay such bills; (g) coordinate (or assist in) the preparation of reports and other information materials regarding the Funds including proxies and other shareholder communications, and review prospectuses; (h) prepare expense table information for annual updates; (i) provide legal and regulatory advice to the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counsel; (j) provide office facilities and clerical support for the Funds; (k) develop and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds’ investment objectives, policies and restrictions; (l) serve as liaison between the Funds and their independent auditors; (m) prepare and file tax returns; (n) review payments of Fund expenses; (o) prepare expense budgeting and accruals; (p) provide communication, coordination, and supervision services with regard to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services; (q) provide information to the Funds’ distributor concerning fund performance and administration; (r) provide reports to the Funds’ board of directors regarding its activities; (s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ board of directors; and (t) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulations. In performing all services under this Agreement, Funds Management shall: (a) act in conformity with the Trust’s Declaration of Trust (and By-Laws, if any), the 1940 Act, and any other applicable laws as may be amended from time to time, and with the Trust’s registration statement under the Securities Act of 1933 and the 1940 Act, as may be amended from time to time; (b) consult and coordinate with legal counsel to the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating to the Trust. Funds Management will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5.
Appears in 4 contracts
Samples: Administration Agreement (Wells Fargo Master Trust), Administration Agreement (Wells Fargo Master Trust), Administration Agreement (Wells Fargo Master Trust)
Duties as Administrator. Funds Management shallSubject to the supervision and direction of the Board of directors of the Fund, at its expenseFDISG, provide as Administrator, will assist in supervising various aspects of the Fund's administrative operations and undertakes to perform the following administrative services in connection with the operations of the Trust and the Fundsspecific services:
(a) receive and tabulate shareholder votesMaintaining office facilities (which may be in the offices of FDISG or a corporate affiliate);
(b) furnish Furnishing statistical and research data, data processing services, clerical services, and internal legal, executive the administrative services and stationery and office supplies in connection with the foregoing;
(c) coordinate (or assist in) the Furnishing corporate secretarial services including preparation and filing with the U.S. Securities and Exchange Commission (“SEC”) distribution of registration statements, notices, shareholder reports, and other material required to be filed under applicable lawsmaterials for Board of Directors meetings;
(d) prepare Accounting and file with bookkeeping services (including the states registration statementsmaintenance of such accounts, notices, reports, books and other material records of the Fund as may be required to be filed under applicable lawsby section 31(a) of the 1940 Act and the rules thereunder);
(e) prepare and file Form 24F-2s and N-SARsInternal auditing;
(f) review bills submitted to Valuing the Funds and, upon determining that a xxxx Fund's assets and calculating the net asset value of the shares of the Fund at the close of trading on the New York Stock Exchange (the "NYSE") on the last day on which the NYSE is appropriate, allocating amounts to open for trading of each week and month and at such other times as the appropriate Funds and Classes thereof and instructing the Funds’ custodian to pay such billsBoard of Directors may reasonably request;
(g) coordinate (or assist in) Accumulating information for and, subject to approval by the preparation Fund's Treasurer, preparing reports to the Fund's shareholders of reports record and other information materials regarding the Funds including proxies SEC including, but not necessarily limited to, Annual Reports and other shareholder communications, and review prospectusesSemi-Annual Reports on Form N-SAR;
(h) prepare expense table information for annual updatesPreparing and filing various reports or other documents required by federal, state and other applicable laws and regulations and by stock exchanges on which the shares of the Fund are listed, other than those filed or required to be filed by the Adviser or Transfer Agent;
(i) provide legal Preparing and regulatory advice to filing the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counselFund's tax returns;
(j) provide office facilities Assisting the Adviser, at the Adviser's request, in monitoring and clerical support developing compliance procedures for the Funds;Fund which will include, among other matter, procedures to assist the Adviser in monitoring compliance with the Fund's investment objective, policies, restrictions, tax matters and applicable laws and regulations; and
(k) develop Preparing and implement procedures for monitoring compliance with regulatory requirements and compliance furnishing the Fund (at the Fund's request) with the Funds’ investment objectives, policies performance information (including yield and restrictions;
(ltotal return information) serve as liaison between the Funds and their independent auditors;
(m) prepare and file tax returns;
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services calculated in accordance with regard to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ distributor concerning fund performance and administration;
(r) provide reports to the Funds’ board of directors regarding its activities;
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ board of directors; and
(t) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking U.S. securities laws and regulationsreporting to external databases such information as may reasonably be requested. In performing all services under this Agreement, Funds Management shall: (a) FDISG shall act in conformity with the Trust’s Declaration of Trust (Fund's Articles and By-Laws, if any), ; the 1940 Act, Act and any other applicable laws as may be amended from time to time, and with the Trust’s registration statement under the Securities Investment Advisers Act of 1933 and the 1940 Act1940, as the same may be amended from time to time; (b) consult and coordinate with legal counsel to the Trust investment objective, investment policies and other practices and policies set forth in the Fund's Registration Statement as necessary such Registration Statement and appropriate; practices and (c) advise and report to the Trust and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any other applicable laws as policies may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating to the Trust. Funds Management will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5.
Appears in 4 contracts
Samples: Administration Agreement (Preferred Income Opportunity Fund Inc), Administration Agreement (Preferred Income Management Fund Inc), Administration Agreement (Preferred Income Fund Inc)
Duties as Administrator. Funds Management shall, at its expense, provide the following administrative services in connection with the operations of the Trust and the Funds:
(a) receive and tabulate shareholder votes;
(b) furnish statistical and research data;
(c) coordinate (or assist in) the preparation and filing with the U.S. Securities and Exchange Commission (“SEC”) of registration statements, notices, shareholder reports, and other material required to be filed under applicable laws;
(d) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable laws;
(e) prepare and file Form 24F-2s and N-SARsCENs;
(f) review bills submitted to the Funds and, upon determining that a xxxx bill is appropriate, allocating allocate amounts to the appropriate Funds and Classes thereof and instructing instruct the Funds’ custodian to pay such bills;
(g) coordinate (or assist in) the preparation of reports and other information materials regarding the Funds including proxies and other shareholder communications, and review prospectuses;
(h) prepare expense table information for annual updates;
(i) provide legal and regulatory advice to the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising supervision of the work of such counsel;
(j) provide office facilities and clerical support for the Funds;
(k) develop and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds’ investment objectives, policies and restrictions;
(l) serve as liaison between the Funds and their independent auditors;
(m) prepare and file tax returns;
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ distributor concerning fund performance and administration;
(r) provide reports to the Funds’ board Board of directors Trustees (“Board”) regarding its activities;
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ board of directorsBoard; and
(t) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulations. In performing all services under this Agreement, Funds Management shall: (a) act in conformity with the Trust’s Declaration of Trust (and By-Laws, if any), the 1940 Act, and any other applicable laws as may be amended from time to time, and with the Trust’s registration statement under the Securities Act of 1933 and the 1940 Act, as may be amended from time to time; (b) consult and coordinate with legal counsel to the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating to the Trust. Funds Management will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5.
Appears in 3 contracts
Samples: Administration Agreement (Allspring Master Trust), Administration Agreement (Allspring Master Trust), Administration Agreement (Allspring Master Trust)
Duties as Administrator. Funds Management Xxxxx Fargo shall, at its expense, provide ----------------------- the following administrative services in connection with the operations of the Trust and the Funds:
(a) receive and tabulate shareholder votes;
(b) furnish statistical and research data;
(c) coordinate (or assist in) the preparation and filing with the U.S. Securities and Exchange Commission (“"SEC”") of registration statements, notices, shareholder reports, and other material required to be filed under applicable laws;
(d) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable laws;
(e) prepare and file Form 24F-2s and N-SARs;
(f) review bills submitted to the Funds and, upon determining that a xxxx is appropriate, allocating amounts to the appropriate Funds and Classes thereof and instructing the Funds’ ' custodian to pay such bills;
(g) coordinate (or assist in) the preparation of reports and other information materials regarding the Funds including proxies and other shareholder communications, and review prospectuses;
(h) prepare expense table information for annual updates;
(i) provide legal and regulatory advice to the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counsel;
(j) provide office facilities and clerical support for the Funds;
(k) develop and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds’ ' investment objectives, policies and restrictions;
(l) serve as liaison between the Funds and their independent auditors;
(m) prepare and file tax returns;
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard to the Funds’ ' transfer agent, custodian, fund accountant, any co-co- administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ ' distributor concerning fund performance and administration;
(r) assist the Trust in the development of additional investment portfolios;
(s) provide reports to the Funds’ ' board of directors regarding its activities;
(st) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ ' board of directors; and
(tu) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s 's transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management Xxxxx Fargo to provide any services that may not be provided by it under applicable banking laws and regulations. In performing all services under this Agreement, Funds Management Xxxxx Fargo shall: (a) act in conformity with the Trust’s 's Declaration of Trust (and By-Laws, if any), the 1940 Act, and any other applicable laws as may be amended from time to time, and with the Trust’s 's registration statement under the Securities Act of 1933 and the 1940 Act, as may be amended from time to time; (b) consult and coordinate with legal counsel to the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management Xxxxx Fargo may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management Xxxxx Fargo to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management Xxxxx Fargo will provide the Trust with a copy of each sub-administration agreement it executes relating to the Trust. Funds Management Xxxxx Fargo will be liable for acts or omissions of any such sub-sub- administrators under the standards of care described herein under Paragraph 5.
Appears in 3 contracts
Samples: Administration Agreement (Wells Fargo Variable Trust), Administration Agreement (Wells Fargo Variable Trust), Administration Agreement (Wells Fargo Funds Trust)
Duties as Administrator. Funds Management shall, at its expense, provide the following administrative services in connection with the operations of the Trust and the Funds:
(a) receive and tabulate shareholder votes;
(b) furnish statistical and research data;
(c) coordinate (or assist in) the preparation and filing with the U.S. Securities and Exchange Commission (“SEC”) of registration statements, notices, shareholder reports, and other material required to be filed under applicable laws;
(d) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable laws;
(e) prepare and file Form 24F-2s and N-SARs;
(f) review bills submitted to the Funds and, upon determining that a xxxx is appropriate, allocating amounts to the appropriate Funds and Classes thereof and instructing the Funds’ custodian to pay such bills;
(g) coordinate (or assist in) the preparation of reports and other information materials regarding the Funds including proxies and other shareholder communications, and review prospectuses;
(h) prepare expense table information for annual updates;
(i) provide legal and regulatory advice to the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counsel;
(j) provide office facilities and clerical support for the Funds;
(k) develop and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds’ investment objectives, policies and restrictions;
(l) serve as liaison between the Funds and their independent auditors;
(m) prepare and file tax returns;
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ distributor concerning fund performance and administration;
(r) provide reports to the Funds’ board of directors regarding its activities;
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ board of directors; and
(t) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement UBS Global AM shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulations. In performing all services under this Agreement, Funds Management shall: (a) act in conformity with the Trust’s Declaration of Trust (and By-Laws, if any), the 1940 Act, and any other applicable laws as may be amended from time to time, and with the Trust’s registration statement under the Securities Act of 1933 and the 1940 Act, as may be amended from time to time; (b) consult and coordinate with legal counsel to the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management mayfurnish, at its own expense, enter into subthe executive, supervisory and clerical personnel necessary in order to administer the affairs of the Trust and each Fund subject to the supervision of the Trust's Board of Trustees ("Board"). In carrying out the terms of this Contract, UBS Global AM shall:
(a) provide office space, equipment and facilities (which may include UBS Global AM's or its affiliates) for maintaining the Trust's organization, for meetings of the Trust's Board and shareholders, and for performing administrative services hereunder;
(b) supervise and manage all aspects of the Funds' operations (other than investment advisory activities), assist in the selection of and supervise relations with, and monitor the performance of, custodians, depositories, transfer and pricing agents, accountants, attorneys, underwriters, brokers and dealers, insurers and other persons in any capacity deemed to be necessary and desirable by the Board;
(c) provide certain internal clerical and legal services, and stationery and office supplies;
(d) provide accounting services, including:
1) determining and arranging for the publication of the net asset value of each Fund;
2) preparing financial information for presentation to the Trust's Board;
3) preparing and monitoring the Trust's annual expense budget, and establishing daily accruals;
4) calculating contractual expenses and coordinating payment of Fund expenses;
5) calculating periodic dividend rates to be declared in accordance with guidelines and supervising the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders;
6) calculating total return (and, if applicable, yield) information as described in the current prospectuses and statement of additional information;
7) coordinating audit packages for use by independent public accountants;
8) responding to regulatory audits;
(e) provide non-administration agreements investment related statistical and research data and such other reports, evaluations and information as the Funds may request from time to time;
(f) monitor each Fund's compliance with other service providersthe current registration statement, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any Internal Revenue Code and other applicable laws as may be amended from time and regulations;
(g) prepare, to timethe extent requested by the Trust, and all relevant rules thereunder. Funds Management will provide coordinate with Trust's counsel, prospectuses, statements of additional information, registration statements, proxy statements and annual and semi-annual reports to shareholders;
(h) arrange for the printing and mailing of an annual list of shareholders, proxy statements and other reports or other materials provided to the Funds' shareholders;
(i) supervise and facilitate the solicitation of proxies solicited by the Trust for all shareholder meetings, including the tabulation process for shareholder meetings;
(j) support outside auditors in preparing and filing all the Funds' federal and state tax returns and required tax filings;
(k) prepare periodic reports to and filings with a copy the Securities and Exchange Commission (the "SEC") and state Blue Sky authorities with the advice of each sub-administration agreement it executes relating the Funds' counsel;
(l) maintain the Trust's existence, and during such times as the shares of the Funds are publicly offered, maintain the registration and qualification of the Funds' shares under federal and state law;
(m) coordinate the Trust's board meeting schedule, initiate the agenda and coordinate production of board meeting materials;
(n) provide individuals acceptable to the Trustees for nomination, appointment, or election as officers of the Trust. Funds Management , who will be liable responsible for acts the management of certain of the Trust's affairs as determined by the Trustees;
(o) keep and maintain the financial accounts and records of the Funds;
(p) analyze and propose changes to shareholder services designed to enhance the value or convenience of the Funds as an investment vehicle;
(q) 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 any such sub-administrators under the standards of care described herein under Paragraph 5.Rules 17g-1 and 17d-1
Appears in 2 contracts
Samples: Administration Contract (Sma Relationship Trust), Administration Contract (Sma Relationship Trust)
Duties as Administrator. Funds Management shallSubject to the overall supervision and ----------------------- direction of the Board of Managers of the Account, at its expense, provide Investor Services Group will assist in supervising various aspects of the Account's administrative operations and undertakes to perform the following administrative services in connection with the operations of the Trust and the Fundsspecific services:
(a) receive Maintaining office facilities (which may be in the offices of Investor Services Group or a corporate affiliate) and tabulate shareholder votesfurnishing corporate officers for the Account;
(b) furnish statistical Performing the functions ordinarily performed by a mutual fund group's internal legal department as described in Schedule D to this Agreement, furnishing data processing services, clerical services, and research dataexecutive and administrative services and standard stationery and office supplies in connection with the foregoing;
(c) coordinate Accounting and bookkeeping services (or assist in) including the preparation maintenance of such accounts, books and filing with records of the U.S. Securities and Exchange Commission (“SEC”Account as may be required by Section 31(a) of registration statements, notices, shareholder reports, the 1940 Act and other material required to be filed under applicable lawsthe rules thereunder);
(d) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable lawsInternal auditing;
(e) prepare Performing all functions ordinarily performed by the office of a corporate treasurer, and file Form 24F-2s furnishing the services and N-SARsfacilities ordinarily incident thereto, including calculating the accumulation unit value of the Units in conformity with the Subaccount's prospectus;
(f) review bills submitted Assisting in the preparation of reports to the Funds andAccount's unitholders of record (i.e. variable contract owners) and the SEC including, upon determining that a xxxx is appropriatebut not necessarily limited to, allocating amounts to the appropriate Funds Annual Reports and Classes thereof and instructing the Funds’ custodian to pay such billsSemi-Annual Reports on Form N-SAR;
(g) coordinate (Preparing various reports or assist in) the preparation of reports other documents required by federal, state and other information materials regarding applicable laws and regulations, other than those filed or required to be filed by the Funds including proxies and other shareholder communications, and review prospectusesCustodian or Adviser;
(h) prepare expense table information for annual updatesAssisting in preparing the Account's tax returns;
(i) provide legal Assisting each Adviser, at the Adviser's request, in monitoring and regulatory advice developing compliance procedures for the Account which will include, among other matters, procedures to assist the Funds Advisers in connection monitoring compliance with its other administrative functionseach Subaccount's investment objective, including assignment of policies, restrictions, tax matters to outside legal counsel on behalf of the Trust and supervising the work of such counselapplicable laws and regulations;
(j) provide Performing all functions ordinarily performed by the office of a corporate secretary, and furnishing the services and facilities incident thereto, including preparation for, conduct of, and clerical support for the Fundsrecording Managers' meetings and unitholder meetings;
(k) develop Furnishing all other services identified on Schedule D annexed hereto and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds’ investment objectives, policies and restrictions;
(l) serve as liaison between the Funds and their independent auditors;
(m) prepare and file tax returns;
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ distributor concerning fund performance and administration;
(r) provide reports to the Funds’ board of directors regarding its activities;
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ board of directors; and
(t) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that incorporated herein which are to be provided by the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulationsotherwise specifically set forth above. In performing all services its duties under this Agreement, Funds Management shallInvestor Services Group: (a) will act in conformity accordance with the Trust’s Declaration of Trust (and By-Laws, if any), the 1940 Act, and any other applicable laws as may be amended from time to time, Prospectuses and with the Trust’s registration statement under instructions and directions of the Securities Act Account and will conform to and comply with the requirements of 1933 and the 1940 Act, as may be amended from time to timeAct and all other applicable federal or state laws and regulations; and (b) will consult and coordinate with legal counsel to the Trust as necessary Account and appropriate; and (c) advise and report to the Trust and its legal counselPFL, as necessary and appropriate. Furthermore, with respect Investor Services Group shall not have or be required to have any compliance authority to supervise the investment or reinvestment of the securities or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions properties which comprise the assets of the 1940 Act, the Investment Advisers Act Account or any of 1940, its Subaccounts and shall not provide any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating investment advisory services to the Trust. Funds Management will be liable for acts Account or omissions any of any such sub-administrators under the standards of care described herein under Paragraph 5its Subaccounts.
Appears in 2 contracts
Samples: Administrative Services Agreement (Ausa Endeavor Target Account), Administrative Services Agreement (PFL Endeavor Target Account)
Duties as Administrator. Funds Management shallSubject to the supervision and direction of the Board of directors of the Fund, at its expensePFPC, provide as Administrator, will assist in supervising various aspects of the Fund's administrative operations and undertakes to perform the following administrative services in connection with the operations of the Trust and the Fundsspecific services:
(a) receive and tabulate shareholder votesMaintaining office facilities (which may be in the offices of PFPC or a corporate affiliate);
(b) furnish Furnishing statistical and research data, data processing services, clerical services, and regulatory administration, executive the administrative services and stationery and office supplies in connection with the foregoing;
(c) coordinate (or assist in) the Furnishing corporate secretarial services including preparation and filing with the U.S. Securities and Exchange Commission (“SEC”) distribution of registration statements, notices, shareholder reports, and other material required to be filed under applicable lawsmaterials for Board of Directors meetings;
(d) prepare Accounting and file with bookkeeping services (including the states registration statementsmaintenance of such accounts, notices, reports, books and other material records of the Fund as may be required to be filed under applicable lawsby section 31(a) of the 1940 Act and the rules thereunder);
(e) prepare and file Form 24F-2s and N-SARsInternal auditing;
(f) review bills submitted to Valuing the Funds and, upon determining that a xxxx Fund's assets and calculating the net asset value of the shares of the Fund at the close of trading on the New York Stock Exchange (the "NYSE") on the last day on which the NYSE is appropriate, allocating amounts to open for trading of each week and month and at such other times as the appropriate Funds and Classes thereof and instructing the Funds’ custodian to pay such billsBoard of Directors may reasonably request;
(g) coordinate (or assist in) Accumulating information for and, subject to approval by the preparation Fund's Treasurer, preparing reports to the Fund's shareholders of reports record and other information materials regarding the Funds including proxies SEC including, but not necessarily limited to, Annual Reports and other shareholder communications, and review prospectusesSemi-Annual Reports on Form N-SAR;
(h) prepare expense table information for annual updatesPreparing and filing various reports or other documents required by federal, state and other applicable laws and regulations and by stock exchanges on which the shares of the Fund are listed, other than those filed or required to be filed by the Adviser or Transfer Agent;
(i) provide legal Preparing and regulatory advice to filing the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counselFund's tax returns;
(j) provide office facilities Assisting the Adviser, at the Adviser's request, in monitoring and clerical support developing compliance procedures for the FundsFund which will include, among other matter, procedures to assist the Adviser in monitoring compliance with the Fund's investment objective, policies, restrictions, tax matters and applicable laws and regulations;
(k) develop Preparing and implement procedures for monitoring compliance with regulatory requirements and compliance furnishing the Fund (at the Fund's request) with the Funds’ investment objectives, policies performance information (including yield and restrictions;total return information) calculated in accordance with applicable U.S. securities laws and reporting to external databases such information as may reasonably be requested; and
(l) serve as liaison between Upon request from the Funds and their independent auditors;
Fund (m) prepare and file tax returns;
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communicationwhich request may be a standing request), coordination, and supervision services with regard to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ distributor concerning fund performance and administration;
(r) provide reports to the Funds’ board of directors regarding its activities;
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, PFPC will arrange for the Funds’ board of directors; and
(t) provide any other administrative services reasonably necessary for the operation sweep of the Funds other than those services that Fund's daily net excess cash balance in accordance with written instructions (which may be standing instructions) acceptable to PFPC which are to be provided by received from or on behalf of the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulationsFund. In performing all services under this Agreement, Funds Management shall: (a) PFPC shall act in conformity with the Trust’s Declaration of Trust (Fund's Articles and By-Laws, if any), ; the 1940 Act, Act and any other applicable laws as may be amended from time to time, and with the Trust’s registration statement under the Securities Investment Advisers Act of 1933 and the 1940 Act1940, as the same may be amended from time to time; (b) consult and coordinate with legal counsel to the Trust investment objective, investment policies and other practices and policies set forth in the Fund's Registration Statement as necessary such Registration Statement and appropriate; practices and (c) advise and report to the Trust and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any other applicable laws as policies may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating to the Trust. Funds Management will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5.
Appears in 2 contracts
Samples: Administration Agreement (Flaherty & Crumrine/Claymore Total Return Fund Inc), Administration Agreement (Flaherty & Crumrine/Claymore Total Return Fund Inc)
Duties as Administrator. Funds Management shallSubject to the supervision and direction of the Board of directors of the Fund, at its expensePFPC, provide as Administrator, will assist in supervising various aspects of the Fund's administrative operations and undertakes to perform the following administrative services in connection with the operations of the Trust and the Fundsspecific services:
(a) receive and tabulate shareholder votesMaintaining office facilities (which may be in the offices of PFPC or a corporate affiliate);
(b) furnish Furnishing statistical and research data, data processing services, clerical services, and internal legal, executive the administrative services and stationery and office supplies in connection with the foregoing;
(c) coordinate (or assist in) the Furnishing corporate secretarial services including preparation and filing with the U.S. Securities and Exchange Commission (“SEC”) distribution of registration statements, notices, shareholder reports, and other material required to be filed under applicable lawsmaterials for Board of Directors meetings;
(d) prepare Accounting and file with bookkeeping services (including the states registration statementsmaintenance of such accounts, notices, reports, books and other material records of the Fund as may be required to be filed under applicable lawsby section 31(a) of the 1940 Act and the rules thereunder);
(e) prepare and file Form 24F-2s and N-SARsInternal auditing;
(f) review bills submitted to Valuing the Funds and, upon determining that a xxxx Fund's assets and calculating the net asset value of the shares of the Fund at the close of trading on the New York Stock Exchange (the "NYSE") on the last day on which the NYSE is appropriate, allocating amounts to open for trading of each week and month and at such other times as the appropriate Funds and Classes thereof and instructing the Funds’ custodian to pay such billsBoard of Directors may reasonably request;
(g) coordinate (or assist in) Accumulating information for and, subject to approval by the preparation Fund's Treasurer, preparing reports to the Fund's shareholders of reports record and other information materials regarding the Funds including proxies SEC including, but not necessarily limited to, Annual Reports and other shareholder communications, and review prospectusesSemi-Annual Reports on Form N-SAR;
(h) prepare expense table information for annual updatesPreparing and filing various reports or other documents required by federal, state and other applicable laws and regulations and by stock exchanges on which the shares of the Fund are listed, other than those filed or required to be filed by the Adviser or Transfer Agent;
(i) provide legal Preparing and regulatory advice to filing the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counselFund's tax returns;
(j) provide office facilities Assisting the Adviser, at the Adviser's request, in monitoring and clerical support developing compliance procedures for the FundsFund which will include, among other matter, procedures to assist the Adviser in monitoring compliance with the Fund's investment objective, policies, restrictions, tax matters and applicable laws and regulations;
(k) develop Preparing and implement procedures for monitoring compliance with regulatory requirements and compliance furnishing the Fund (at the Fund's request) with the Funds’ investment objectives, policies performance information (including yield and restrictions;total return information) calculated in accordance with applicable U.S. securities laws and reporting to external databases such information as may reasonably be requested; and
(l) serve as liaison between Upon request from the Funds and their independent auditors;
Fund (m) prepare and file tax returns;
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communicationwhich request may be a standing request), coordination, and supervision services with regard to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ distributor concerning fund performance and administration;
(r) provide reports to the Funds’ board of directors regarding its activities;
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, PFPC will arrange for the Funds’ board of directors; and
(t) provide any other administrative services reasonably necessary for the operation sweep of the Funds other than those services that Fund's daily net excess cash balance in accordance with written instructions (which may be standing instructions) acceptable to PFPC which are to be provided by received from or on behalf of the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulationsFund. In performing all services under this Agreement, Funds Management shall: (a) PFPC shall act in conformity with the Trust’s Declaration of Trust (Fund's Articles and By-Laws, if any), ; the 1940 Act, Act and any other applicable laws as may be amended from time to time, and with the Trust’s registration statement under the Securities Investment Advisers Act of 1933 and the 1940 Act1940, as the same may be amended from time to time; (b) consult and coordinate with legal counsel to the Trust investment objective, investment policies and other practices and policies set forth in the Fund's Registration Statement as necessary such Registration Statement and appropriate; practices and (c) advise and report to the Trust and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any other applicable laws as policies may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating to the Trust. Funds Management will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5.
Appears in 2 contracts
Samples: Administration Agreement (F&c/Claymore Preferred Securities Income Fund Inc), Administration Agreement (F&c/Claymore Preferred Securities Income Fund Inc)
Duties as Administrator. Funds Management shallSubject to the supervision and direction of the Board of Trustees of the Company, at its expenseFDISG, provide as Administrator, will assist in supervising various aspects of the Company's administrative operations and undertakes to perform the following administrative services in connection with the operations of the Trust and the Fundsspecific services:
(a) receive Maintaining office facilities (which may be in the offices of FDISG or a corporate affiliate) and tabulate shareholder votesfurnishing corporate officers for the Company;
(b) furnish statistical Performing the functions ordinarily performed by a mutual fund group's internal legal department as described in Schedule B to this Agreement, furnishing data processing services, clerical services, and research dataexecutive and administrative services and standard stationery and office supplies in connection with the foregoing;
(c) coordinate Accounting and bookkeeping services (or assist in) including the preparation maintenance of such accounts, books and filing with records of the U.S. Securities and Exchange Commission (“SEC”Company as may be required by Section 31(a) of registration statements, notices, shareholder reports, the 1940 Act and other material required to be filed under applicable lawsthe rules thereunder);
(d) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable lawsInternal auditing;
(e) prepare Performing all functions ordinarily performed by the office of a corporate treasurer, and file Form 24F-2s furnishing the services and N-SARsfacilities ordinarily incident thereto, including calculating the net asset value of the shares in conformity with the fund(s) prospectus;
(f) review bills submitted Preparing reports to the Funds andCompany's shareholders of record and the SEC including, upon determining that a xxxx is appropriatebut not necessarily limited to, allocating amounts to the appropriate Funds Annual Reports and Classes thereof and instructing the Funds’ custodian to pay such billsSemi-Annual Reports on Form N-SAR;
(g) coordinate (Preparing and filing various reports or assist in) the preparation of reports other documents required by federal, state and other information materials regarding applicable laws and regulations, other than those filed or required to be filed by the Funds including proxies and other shareholder communications, and review prospectusesAdviser or Transfer Agent;
(h) prepare expense table information for annual updatesPreparing and filing the Company's tax returns;
(i) provide legal Assisting the Adviser, at the Adviser's request, in monitoring and regulatory advice developing compliance procedures for the Company which will include, among other matters, procedures to assist the Funds Adviser in connection monitoring compliance with its other administrative functionseach Fund's investment objective, including assignment of policies, restrictions, tax matters to outside legal counsel on behalf of the Trust and supervising the work of such counselapplicable laws and regulations;
(j) provide office facilities Monitoring each Fund's compliance with certain investment objectives, policies, restrictions, tax matters and clerical support for applicable rules and regulations as described in the FundsCompliance Matrix provided by FDISG to the Company;
(k) develop Performing all functions ordinarily performed by the office of a corporate secretary, and implement procedures for monitoring compliance with regulatory requirements furnishing the services and compliance with facilities incident thereto, including all functions pertaining to matters organic to the Funds’ investment objectivesorganization, policies existence and restrictionsmaintenance of the corporate franchise of the Company, including preparation for, conduct of, and recording trustees' meetings and shareholder meetings;
(l) serve Performing "Blue Sky" compliance functions, including maintaining notice filings, registrations or "Blue Chip" exemptions (if available) in all U.S. jurisdictions requested by the Company, monitoring sales of shares in all such jurisdictions and filing such additional notice or applying for such additional or amended registrations as liaison between may be reasonably anticipated to be necessary to permit continuous sales of the shares of the Funds in all such jurisdictions, filing sales literature and their independent auditorsadvertising materials to the extent required, with such Blue Sky authorities, and making and filing all other applications, reports, notices, documents and exhibits in connection with the foregoing;
(m) prepare Furnishing all other services identified on Schedule B annexed hereto and file tax returns;incorporated herein which are not otherwise specifically set forth above; and
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ distributor concerning fund performance and administration;
(r) provide reports to the Funds’ board of directors regarding its activities;
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ board of directors; and
(t) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management FDISG agrees to provide any the services that may not be provided by it under applicable banking laws set forth herein in accordance with performance standards annexed hereto as Exhibit 1 of Schedule B and regulationsincorporated herein (the "Performance Standards"). In performing all services under this Agreement, Funds Management shall: (a) act in conformity with the Trust’s Declaration of Trust (and By-Laws, if any), the 1940 Act, and any other applicable laws as Such Performance Standards may be amended from time to timetime upon written agreement by the parties. In performing its duties under this Agreement, FDISG: (a) will act in accordance with the Declaration of Trust, By-Laws, Prospectuses and with the Trust’s registration statement under instructions and directions of the Securities Act Company and will conform to and comply with the requirements of 1933 and the 1940 Act, as may be amended from time to timeAct and all other applicable federal or state laws and regulations; and (b) will consult and coordinate with legal counsel to the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counselCompany, as necessary and appropriate. Furthermore, with respect FDISG shall not have or be required to have any compliance authority to supervise the investment or reinvestment of the securities or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions properties which comprise the assets of the 1940 Act, the Investment Advisers Act Company or any of 1940, its Funds and shall not provide any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating investment advisory services to the Trust. Funds Management will be liable for acts Company or omissions any of any such sub-administrators under the standards of care described herein under Paragraph 5its Funds.
Appears in 2 contracts
Samples: Administration Agreement (First Choice Funds Trust), Administration Agreement (Ibj Funds Trust)
Duties as Administrator. Funds Management Xxxxx Fargo shall, at its expense, provide ----------------------- the following administrative services in connection with the operations of the Trust Life & Annuity and the Funds:
(a) receive and tabulate shareholder votestrack authorized vs. issued shares;
(b) furnish statistical and research data;
(c) coordinate (or assist in) the preparation and filing with the U.S. Securities and Exchange Commission (“SEC”) of registration statements, notices, shareholder reports, and other material required to be filed under applicable laws;
(d) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable laws;
(e) prepare and file Form 24F-2s and N-SARs;
(f) review bills submitted to the Funds and, upon determining that a xxxx is appropriate, allocating amounts to the appropriate Funds and Classes thereof and instructing the Funds’ custodian to pay such bills;
(gd) coordinate (or assist in) the preparation of reports and other information materials regarding the Funds including proxies and other shareholder communications, and review prospectuses;
(he) prepare expense table information for annual updates;
(if) provide legal and regulatory advice to the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counsel;
(jg) provide office facilities and clerical support for the Funds;
(kh) develop and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds’ ' investment objectives, policies and restrictions;
(li) serve as provide liaison between with the Funds and their Funds' independent auditors;
(mj) prepare and file tax returns;
(nk) review payments of Fund expenses;
(ol) prepare expense budgeting and accruals;
(pm) provide communication, coordination, and supervision services with regard to the Funds’ ' transfer agent, custodian, fund accountant, any co-administratorsco- administrator, and other service organizations that render recordkeeping or shareholder communication services;
(qn) provide information to the Funds’ ' distributor concerning fund performance and administration;
(ro) assist Life & Annuity in the development of additional investment portfolios;
(p) provide reports to the Funds’ ' board of directors trustees regarding its activities;
(sq) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ ' board of directorstrustees; and
(tr) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s Xxxxxxxx pursuant to its Co-Administration Agreement with Life & Annuity and Xxxxx Fargo, and by Life & Annuity's transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management Xxxxx Fargo to provide any services that may not be provided by it under applicable banking laws and regulations. In performing all services under this Agreementagreement, Funds Management Xxxxx Fargo shall: (a) act in conformity with the Trust’s Life & Annuity's Declaration of Trust (and By-Laws, if any), the 1940 Act, and any other applicable laws as may be amended from time to time, ; and with the Trust’s Life & Annuity's registration statement under the Securities Act of 1933 and the 1940 Act, as may be amended from time to time; (b) consult and coordinate with legal counsel to the Trust Life & Annuity as necessary and appropriate; and (c) advise and report to the Trust Life & Annuity and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this ParagraphParagraph 3, Funds Management Xxxxx Fargo may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management Xxxxx Fargo to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management Xxxxx Fargo will provide the Trust Life & Annuity with a copy of each sub-administration agreement it executes relating to the TrustLife & Annuity. Funds Management Xxxxx Fargo will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5. In performing its services under this agreement, Xxxxx Fargo shall cooperate and coordinate with Xxxxxxxx as necessary and appropriate and shall provide such information to Xxxxxxxx as is reasonably necessary or appropriate for Xxxxxxxx to perform its obligations to Life & Annuity.
Appears in 2 contracts
Samples: Administration Agreement (Life & Annuity Trust), Administration Agreement (Life & Annuity Trust)
Duties as Administrator. Funds Management shall, at its expense, provide the following administrative services in connection with the operations of the Trust and the Funds:
(a) receive and tabulate shareholder votes;
(b) furnish statistical and research data;
(c) coordinate (or assist in) the preparation and filing with the U.S. Securities and Exchange Commission (“SEC”) of registration statements, notices, shareholder reports, and other material required to be filed under applicable laws;
(d) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable laws;
(e) prepare and file Form 24F-2s and N-SARsCENs;
(f) review bills submitted to the Funds and, upon determining that a xxxx is appropriate, allocating allocate amounts to the appropriate Funds and Classes thereof and instructing instruct the Funds’ custodian to pay such bills;
(g) coordinate (or assist in) the preparation of reports and other information materials regarding the Funds including proxies and other shareholder communications, and review prospectuses;
(h) prepare expense table information for annual updates;
(i) provide legal and regulatory advice to the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising supervision of the work of such counsel;
(j) provide office facilities and clerical support for the Funds;
(k) develop and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds’ investment objectives, policies and restrictions;
(l) serve as liaison between the Funds and their independent auditors;
(m) prepare and file tax returns;
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ distributor concerning fund performance and administration;
(r) provide reports to the Funds’ board Board of directors Trustees (“Board”) regarding its activities;
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ board of directorsBoard; and
(t) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulations. In performing all services under this Agreement, Funds Management shall: (a) act in conformity with the Trust’s Declaration of Trust (and By-Laws, if any), the 1940 Act, and any other applicable laws as may be amended from time to time, and with the Trust’s registration statement under the Securities Act of 1933 and the 1940 Act, as may be amended from time to time; (b) consult and coordinate with legal counsel to the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating to the Trust. Funds Management will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5.
Appears in 1 contract
Duties as Administrator. Funds Management shallSubject to the supervision and direction of the Board of Trustees of the Company, at its expenseFDISG, provide as Administrator, will assist in supervising various aspects of the Company's administrative operations and undertakes to perform the following administrative services in connection with the operations of the Trust and the Fundsspecific services:
(a) receive Maintaining office facilities (which may be in the offices of FDISG or a corporate affiliate) and tabulate shareholder votesfurnishing corporate officers for the Company ;
(b) furnish statistical Performing the functions ordinarily performed by a mutual fund group's internal legal department as described in Schedule D to this Agreement, furnishing data processing services, clerical services, and research dataexecutive and administrative services and stationery and office supplies in connection with the foregoing;
(c) coordinate Accounting and bookkeeping services (or assist in) including maintenance of such accounts, books and records of the preparation and filing with the U.S. Securities and Exchange Commission (“SEC”Company as may be required by Section 31(a) of registration statements, notices, shareholder reports, the 1940 Act and other material required to be filed under applicable lawsthe rules thereunder);
(d) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable lawsInternal auditing;
(e) prepare Performing all functions ordinarily performed by the office of a corporate treasurer, and file Form 24F-2s furnishing the services and N-SARsfacilities ordinarily incident thereto, including calculating the net asset value of the shares of each Fund at the close of regular trading on the New York Stock Exchange (the "NYSE") on each day on which the NYSE is open for trading and at such other times as the Board of Directors may reasonably request;
(f) review bills submitted Preparing reports to the Funds andCompany's shareholders of record and the SEC including, upon determining that a xxxx is appropriatebut not necessarily limited to, allocating amounts to the appropriate Funds Annual Reports and Classes thereof and instructing the Funds’ custodian to pay such billsSemi-Annual Reports on Form N-SAR;
(g) coordinate (Preparing and filing various applications, registration statements, reports or assist in) the preparation of reports and other information materials regarding the Funds including proxies and other shareholder communicationsdocuments required by federal, and review prospectusesstate laws and regulations, other than those filed or required to be filed by the Adviser or Transfer Agent;
(h) prepare expense table information for annual updatesPreparing and filing the Company's tax returns;
(i) provide legal At the Adviser's request, monitoring and regulatory advice to developing compliance procedures for the Funds in connection Company which will include, among other matters, monitoring compliance with its other administrative functionseach Fund's investment objective, including assignment of matters to outside legal counsel on behalf of the Trust policies, restrictions, tax requirements and supervising the work of such counselapplicable laws and regulations;
(j) provide Performing all functions ordinarily performed by the office of a corporate secretary, and furnishing the services and facilities incident thereto, including all functions pertaining to matters organic to the organization, existence and clerical support maintenance of the corporate franchise of the Company, including preparation for, conduct of, and recording trustees' meetings and shareholder meetings. Trustees' meetings in excess of five in any calendar year and shareholder meetings in excess of one in any two year period shall be for an additional reasonable charge as may be agreed upon by the FundsAdministrator and FDISG;
(k) develop Performing "Blue Sky" compliance functions, including maintaining notice filings, registrations or "Blue Chip" exemptions (if available) in all U.S. jurisdictions requested by the Company, monitoring sales of shares in all such jurisdictions and implement procedures filing such additional notice or applying for monitoring compliance such additional or amended registrations as may be reasonably anticipated to be necessary to permit continuous sales of the shares of the Funds in all such jurisdictions, filing sales literature and advertising materials to the extent required, with regulatory requirements such Blue Sky authorities, and compliance making and filing all other applications, reports, notices, documents and exhibits in connection with the Funds’ investment objectives, policies and restrictions;foregoing; and
(l) serve as liaison between the Funds Furnishing all other services identified on Schedule B annexed hereto and their independent auditors;incorporated herein which are not otherwise specifically set forth above.
(m) prepare FDISG agrees to provide the services set forth herein in accordance with the Performance Standards annexed hereto as Exhibit 1 of Schedule D and file tax returns;
incorporated herein (n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard the "Performance Standards"). Such Performance Standards may be amended from time to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ distributor concerning fund performance and administration;
(r) provide reports to the Funds’ board of directors regarding its activities;
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ board of directors; and
(t) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided time upon written agreement by the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulationsparties. In performing all services under this Agreement, Funds Management shallFDISG: (a) shall act in conformity with the Trust’s Declaration of Trust (and By-Laws, if any)Articles, the 1940 ActProspectuses and the instructions and directions of the Administrator, and any will conform to and comply with the requirements of the 1940 Act and all other applicable federal or state laws as may be amended from time to time, and with the Trust’s registration statement under the Securities Act of 1933 regulations; and the 1940 Act, as may be amended from time to time; (b) will consult and coordinate with legal counsel to the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counselFund, as necessary or appropriate in light of FDISG's duty to perform customary internal legal and appropriatecorporate secretary functions. Furthermore, with respect FDISG shall not have or be required to have any compliance authority to supervise the investment or reinvestment of the securities or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions properties which comprise the assets of the 1940 Act, the Investment Advisers Act Company or any of 1940, its Funds and shall not provide any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating investment advisory services to the Trust. Funds Management will be liable for acts Company or omissions any of any such sub-administrators under the standards of care described herein under Paragraph 5its Funds.
Appears in 1 contract
Duties as Administrator. Funds Management shallSubject to the supervision and direction of the Board of Trustees of the Company, at its expenseAAFSI, provide as Administrator, will assist in supervising various aspects of the Company's administrative operations and undertakes to perform the following administrative services in connection with the operations of the Trust and the Fundsspecific services:
(a) receive Administering and tabulate shareholder votesperforming the customary services of an administrator, including those described in Schedule D hereto and incorporated herein and in accordance with the terms of the Registration Statement of the Company on behalf of the Funds, applicable law, the procedures of the Company, and the procedures established from time to time between AAFSI and the Company;
(b) furnish statistical Maintaining office facilities (which may be in the offices of AAFSI or a corporate affiliate) and research datafurnishing corporate officers for the Company;
(c) coordinate (or assist in) Performing the preparation functions ordinarily performed by a mutual fund group's internal legal department as described in Schedule D to this Agreement, furnishing data processing services, clerical services, and filing executive and administrative services and standard stationery and office supplies in connection with the U.S. Securities and Exchange Commission (“SEC”) of registration statements, notices, shareholder reports, and other material required to be filed under applicable lawsforegoing;
(d) prepare Accounting and file with bookkeeping services (including the states registration statementsmaintenance of such accounts, notices, reports, books and other material records of the Company as may be required to be filed under applicable lawsby Section 31(a) of the 1940 Act and the rules thereunder);
(e) prepare and file Form 24F-2s and N-SARsInternal auditing;
(f) review bills submitted to Performing all functions ordinarily performed by the Funds andoffice of a corporate treasurer, upon determining that a xxxx is appropriateand furnishing the services and facilities ordinarily incident thereto, allocating amounts to including calculating the appropriate Funds and Classes thereof and instructing net asset value of the Funds’ custodian to pay such billsshares in conformity with the Fund(s) prospectus(es);
(g) coordinate (or assist in) Preparing reports to the preparation Company's shareholders of reports record and other information materials regarding the Funds including proxies SEC including, but not necessarily limited to, Annual Reports and other shareholder communications, and review prospectusesSemi-Annual Reports on Form N-SAR;
(h) prepare expense table information for annual updatesPreparing and filing various reports or other documents required by federal, state and other applicable laws and regulations, other than those filed or required to be filed by the Adviser or Transfer Agent;
(i) provide legal Preparing and regulatory advice to filing the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counselCompany's tax returns;
(j) provide office facilities and clerical support Assisting the Adviser, at the Adviser's request, in developing compliance procedures for the FundsCompany which will include, among other matters, procedures monitoring compliance with each Fund's investment objective, policies, restrictions, tax matters and applicable laws and regulations;
(k) develop and implement procedures for monitoring Monitoring compliance with regulatory requirements each Fund's investment objective, policies, restrictions, tax matters and compliance applicable laws and regulations in accordance with the Funds’ investment objectivesprocedures established from time to time between AAFSI, policies the Adviser and restrictionsthe Company;
(l) serve Performing all functions ordinarily performed by the office of a corporate secretary, and furnishing the services and facilities incident thereto, including all functions pertaining to matters organic to the organization, existence and maintenance of the corporate franchise of the Company, including preparation for, conduct of, and recording trustees' meetings and shareholder meetings. Trustees' meetings in excess of five in any calendar year and shareholder meetings in excess of one in any one year period shall be for an additional reasonable charge as liaison between may be agreed upon by the Funds Company and their independent auditorsAAFSI;
(m) prepare Performing "Blue Sky" compliance functions, including maintaining notice filings, qualifications or "Blue Chip" exemptions (if available) in all U.S. jurisdictions requested by the Company, monitoring sales of shares in all such jurisdictions and file tax returns;filing such additional notice or applying for such additional or amended qualifications as may be reasonably anticipated to be necessary to permit continuous sales of the shares of the Funds in all such jurisdictions, filing sales literature and advertising materials to the extent required, with such Blue Sky authorities, and making and filing all other applications, reports, notices, documents and exhibits in connection with the foregoing; and
(n) review payments of Fund expenses;Furnishing all other services identified on Schedule D annexed hereto and incorporated herein which are not otherwise specifically set forth above.
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ distributor concerning fund performance and administration;
(r) provide reports to the Funds’ board of directors regarding its activities;
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ board of directors; and
(t) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management AAFSI agrees to provide any the services that may not be provided by it under applicable banking laws and regulations. In performing all services under this Agreement, Funds Management shall: (a) act set forth herein in conformity accordance with the Trust’s Declaration Performance Standards annexed hereto as Exhibit 1 of Trust Schedule D and incorporated herein (and By-Laws, if anythe "Performance Standards"), the 1940 Act, and any other applicable laws as . Such Performance Standards may be amended from time to timetime by the parties. In performing its duties under this Agreement, AAFSI: (a) will act in accordance with the Declaration of Trust, By-Laws, Prospectuses and with the Trust’s registration statement under instructions and directions of the Securities Act Company and will conform to and comply with the requirements of 1933 and the 1940 Act, as may be amended from time to timeAct and all other applicable federal or state laws and regulations; and (b) will consult and coordinate with legal counsel to the Trust Company, as necessary appropriate. Furthermore, AAFSI shall not have or be required to have any authority to supervise the investment or reinvestment of the securities or other properties which comprise the assets of the Company or any of its Funds and appropriate; and (c) advise and report shall not provide any investment advisory services to the Trust and Company or any of its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating to the Trust. Funds Management will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5Funds.
Appears in 1 contract
Samples: Administration and Fund Accounting Agreement (Abn Amro Funds)
Duties as Administrator. Funds Management shallSubject to the supervision and direction of ----------------------- the Board of Trustees of the Company, at its expenseInvestor Services Group, provide as Administrator, will assist in supervising various aspects of the Company's administrative operations and undertakes to perform the following administrative services in connection with the operations of the Trust and the Fundsspecific services:
(a) receive Administering and tabulate shareholder votesperforming the customary services of an administrator, including those described in Schedule D hereto and incorporated herein and in accordance with the terms of the Registration Statement of the Company on behalf of the Funds, applicable law, the procedures of the Company, and the procedures established from time to time between Investor Services Group and the Company;
(b) furnish statistical Maintaining office facilities (which may be in the offices of Investor Services Group or a corporate affiliate) and research datafurnishing corporate officers for the Company;
(c) coordinate (or assist in) Performing the preparation functions ordinarily performed by a mutual fund group's internal legal department as described in Schedule D to this Agreement, furnishing data processing services, clerical services, and filing executive and administrative services and standard stationery and office supplies in connection with the U.S. Securities and Exchange Commission (“SEC”) of registration statements, notices, shareholder reports, and other material required to be filed under applicable lawsforegoing;
(d) prepare Accounting and file with bookkeeping services (including the states registration statementsmaintenance of such accounts, notices, reports, books and other material records of the Company as may be required to be filed under applicable laws;by Section 31(2) of the 1910 Act and the rules thereunder),
(e) prepare and file Form 24F-2s and N-SARsInternal auditing;
(f) review bills submitted to Performing all functions ordinarily performed by the Funds andoffice of a corporate treasurer, upon determining that a xxxx is appropriateand furnishing the services and facilities ordinarily incident thereto, allocating amounts to including calculating the appropriate Funds and Classes thereof and instructing net asset value of the Funds’ custodian to pay such bills;shares in conformity with the Fund(s) prospectus(es).
(g) coordinate (or assist in) Preparing reports to the preparation Company's shareholders of reports record and other information materials regarding the Funds including proxies SEC including, but no necessarily limited to Annual Reports and other shareholder communications, and review prospectuses;
Semi-Annual Reports on Form N-SAR; (h) prepare expense table information for annual updatesPreparing and filing various reports or other documents required by federal, state and other applicable laws and regulations, other than those filed or required to be filed by the Adviser or Transfer Agent;
(i) provide legal Preparing and regulatory advice to filing the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counselCompany's tax returns;
(j) provide office facilities and clerical support Assisting the Adviser, at the Adviser's request in developing compliance procedures for the FundsCompany which will include, among other matters, procedures monitoring compliance with each Fund's investment objective, policies, restriction, tax matters and applicable laws and regulations;
(k) develop and implement procedures for monitoring Monitoring compliance with regulatory requirements each Fund's investment objective, policies, restrictions, tax matters, and compliance applicable laws and regulations in accordance with the Funds’ investment objectivesprocedures established from time to time between Investor Services Group, policies the Adviser and restrictionsthe Company;
(l) serve Performing all functions ordinarily performed by the office of a corporate secretary, and furnishing the services and facilities incident thereto, including all function pertaining to matters organic to the organization, existence and maintenance of the corporate franchise of the Company, including preparation for, conduct of, an recording trustees meetings and shareholders meetings, Trustees meetings in excess of five in any calendar year and shareholder meetings in excess of one in any one year period shall be for an additional reasonable charge as liaison between may be agreed upon by the Funds Company and their independent auditorsInvestor Services Group;
(m) prepare Performing "Blue Sky" compliance functions, including maintaining notice filings, qualifications or "Blue Chip" exemptions (if available) in all U.S. jurisdictions requested by the Company, monitoring sales of shares in all such jurisdictions and file tax returns;filing such additional notice or applying for such additional or amended qualifications may be reasonably anticipated to be necessary to permit continuous sales of the shares of the Funds in all such jurisdictions, filing sales literate and advertising materials to the extent required, with such Blue Sky authorities, and making and filing all other applications, reports, notices, documents and exhibits in connection with the foregoing; and
(n) review payments of Fund expenses;Furnishing all other services identified on Schedule D annexed hereto and incorporated herein which are not otherwise specifically set forth above.
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ distributor concerning fund performance and administration;
(r) provide reports to the Funds’ board of directors regarding its activities;
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ board of directors; and
(t) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management Investor Services Group agrees to provide any the services that may not be provided by it under applicable banking laws and regulations. In performing all services under this Agreement, Funds Management shall: (a) act set forth herein in conformity accordance with the Trust’s Declaration Performance Standards annexed hereto as Exhibit I of Trust Schedule D and incorporated herein (and By-Laws, if anythe "Performance Standards"), the 1940 Act, and any other applicable laws as . Such Performance Standards may be amended from time to timetime by the parties. In performing its duties under this Agreement, Investor Services Group, (a) will act in accordance with the Declaration of Trust. By-Laws, Prospectus and with the Trust’s registration statement under instructions and directions of the Securities Act Company and will conform to and comply with the requirements of 1933 and the 1940 Act, as may be amended from time to timeAct and all other applicable federal or state laws and regulations; and (b) will consult and coordinate with legal counsel to the Trust Company, as necessary appropriate. Furthermore, Investor Services Group shall not have or be required to have any authority to supervise the investments reinvestment of the securities or other properties which comprise the assets of the Company or any of its Funds and appropriate; and (c) advise and report shall not provide any investment advisory services to the Trust and Company or any of its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating to the Trust. Funds Management will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5Funds.
Appears in 1 contract
Samples: Administration and Fund Accounting Agreement (Rembrandt Funds)
Duties as Administrator. Funds Management shallSubject to the supervision and direction of the Board of Trustees of the Trust, at its expenseBofA Advisors, provide as Administrator, will assist in supervising various aspects of the Trust’s administrative operations and undertakes to perform the following specific services from and after the effective date of this Agreement:
(a) (Maintain office facilities for the Trust (which may be in the offices of BofA Advisors or a corporate affiliate);
(b) Furnish clerical services, internal executive and administrative services and stationery and office supplies in connection with the foregoing;
(c) Assist in furnishing statistical and research data and data processing services in connection with the operations of the Trust and the Funds:
(a) receive and tabulate shareholder votes;
(b) furnish statistical and research data;
(c) coordinate (or assist in) the preparation and filing with the U.S. Securities and Exchange Commission (“SEC”) of registration statements, notices, shareholder reports, and other material required to be filed under applicable lawsforegoing;
(d) prepare Furnish corporate secretarial services, including assisting in the coordination of the preparation and file with the states registration statements, notices, reports, and other material required to be filed under applicable lawsdistribution of materials for Board of Trustees meetings;
(e) prepare and file Form 24F-2s and N-SARsProvide the services by certain persons who may be appointed as officers of the Trust by the Trust’s Board of Trustees;
(f) review bills submitted Assist in coordinating the provision of legal advice and counsel to the Funds andTrust with respect to regulatory matters, upon determining that a xxxx is appropriateincluding monitoring regulatory and legislative developments which may affect the Trust and assisting in the strategic response to such developments, allocating amounts counseling and assisting the Trust in routine regulatory examinations or investigations of the Trust, and working closely with outside counsel to the appropriate Funds and Classes thereof and instructing Trust in connection with any litigation in which the Funds’ custodian to pay such billsTrust is involved;
(g) coordinate (or assist in) Prepare and file timely the preparation certified final versions of reports the annual and other information materials regarding the Funds including proxies and other shareholder communications, and review prospectusessemi-annual report on Form N-CSR;
(h) prepare expense table information for annual updatesCoordinate the preparation and filing of the Funds’ voting records on Form N-PX;
(i) provide legal File holdings reports on Form N-Q as required at the end of the first and regulatory advice to third fiscal quarters of each year so long as such reports are required and thereafter, following implementation by the Funds’ of the filing requirements under Rule 30b 1-7 under the 1940 Act, file monthly schedules of portfolio holdings on Form N-MFP, and, as applicable, assist the Funds in posting and maintaining required schedules of investments and related information on their website;
(j) Assist in coordinating the preparation of reports to the Trust’s shareholders of record and the SEC including, but not necessarily limited to, annual reports and semi-annual reports to shareholders and on Form N-SAR and notices pursuant to Rule 24f-2 under the 1940 Act;
(k) Coordinate with the Trust regarding the jurisdictions in which the Shares shall be registered or qualified for sale and, in connection therewith, be responsible for the registration or qualification and the maintenance of such registration or qualification of Shares for sale under the securities laws of any state. Payment of share registration fees and any fees for qualifying or continuing the qualification of the Trust or any Fund as a dealer or broker shall be made or reimbursed by the Trust or that Fund, respectively;
(l) Assist in the preparation and filing on a timely basis of various reports, registration statements and post-effective amendments thereto, and other documents required by federal, state and other applicable laws and regulations, other than those filed or required to be filed by the Funds’ adviser, sub-advisers, transfer agent, sub-administrator or custodian;
(m) Administer the implementation and required distribution of the Trust’s privacy policy as required under Regulation S-P;
(n) Implement and maintain a disaster recovery program for the Trust’s records, and a business continuity plan;
(o) Assist the Trust’s Chief Compliance Officer with issues regarding the Trust’s compliance program (as approved by the Board of Trustees in accordance with Rule 38a-1 under the 1000 Xxx) as reasonably requested;
(p) Perform certain compliance procedures for the Trust which will include, among other matters, monitoring compliance with personal trading guidelines by the Trust’s Board of Trustees;
(q) Assist the Trust with its obligations under Section 302 and 906 of the Sxxxxxxx-Xxxxx Act of 2002 and Rule 30a-2 under the 1940 Act, including the establishment and maintenance of internal controls and procedures that are reasonably designed to ensure that information prepared or maintained in connection with administration services provided hereunder (i) is, to the best of BofA Advisors’ knowledge, true and complete when given and (ii) is properly recorded, processed, summarized, or reported by BofA Advisors or its other administrative functions, including assignment of matters to outside legal counsel affiliates on behalf of the Trust so that it may be included in financial information certified by Trust officers on Form N-CSR and supervising the work of such counsel;
(j) provide office facilities and clerical support for the Funds;
(k) develop and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds’ investment objectives, policies and restrictions;
(l) serve as liaison between the Funds and their independent auditors;
(m) prepare and file tax returns;
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard to the Funds’ transfer agent, custodian, fund accountant, any coForm N-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ distributor concerning fund performance and administrationQ;
(r) provide Accumulate information for reports to the Funds’ board Trust’s shareholders of directors regarding its activitiesrecord and the SEC including, but not necessarily limited to, annual reports and semi-annual reports to shareholders and on Form N-SAR and notices pursuant to Rule 24f-2 under the 1940 Act;
(s) Prepare and file on a timely basis the Trust’s tax returns, including foreign, federal, state, local and excise tax returns, as applicable, and any other tax filings, and issue all tax-related information to shareholders, including IRS Form-1099 and other applicable tax forms;
(t) Prepare and file any claims in connection with class actions involving portfolio securities, handle administrative matters in connection with the litigation or settlement of such claims, and prepare a report to the Board regarding such matters;
(u) Obtain and maintain fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with Rules 17g-l and I7d-1 under the 1940 Act at the expense of the Trust and Funds and ensure that such fidelity bonds and any related notices are filed with the SEC as required under the 1940 Act, to the extent such bonds and policies are approved by the Board;
(v) Monitor the development and implementation of certain compliance procedures for the Trust including, but not limited to, monitoring: (i) each Fund’s status as a regulated investment company under Sub-Chapter M of the Internal Revenue Code of 1986, as amended, including performing, on a monthly basis and based upon information provided by the Fund’s adviser or sub-advisers, the 90% gross income and asset diversification tests derived from such Sub-Chapter; and (ii) compliance by each Fund with its investment objective, policies and restrictions, and applicable laws and regulations;
(w) Prepare and furnish to the Trust monthly broker security transaction summaries and monthly security transaction listings and (at the Trust’s request) performance information (including yield and total return information) calculated in accordance with applicable U.S. securities laws and reporting to external databases such information as may reasonably be requested;
(x) Assist the Trust and its agents in their accumulation and preparation of materials for the Board of Trustees* meetings and for regulatory examinations and inspections of the Trust, to the extent such materials relate to the services being performed for the Trust by BofA Advisors;
(y) Coordinate and oversee the provision of services to the Trust by other service providers to the Trust, including the transfer agent, sub-administrator and custodian;
(z) Generally assist in all aspects of the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ board of directorsTrust’s operations; and
(taa) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s transfer Monitor, budget and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulationsapprove Fund expenses. In performing all services under this Agreement, Funds Management BofA Advisors shall: (ai) act in conformity with the Trust’s Amended and Restated Declaration of Trust (and By-Laws, if any)Trust, the 1940 ActAct and the rules thereunder, and any other applicable laws and regulations, as the same may be amended from time to time, and with the Trust’s registration statement under the Securities Act of 1933 and the 1940 ActRegistration Statement, as such Registration Statement may be amended from time to time; (bii) provide such certifications, reports and other information as the Trust may reasonably request from time to time to assist it in complying with, and monitoring compliance with, applicable laws, regulations, codes, orders and rules; (iii) consult and coordinate with legal counsel to the Trust Trust, as necessary and appropriate; and (cvi) advise and report to the Trust and its legal counselTrust, as necessary and or appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management It is understood and agreed that BofA Advisors may, at its own expense, enter into sub-administration agreements with other delegate the performance of any and all of its duties under this Paragraph 3 to another service providersprovider, provided that each such service provider agrees with Funds Management BofA Advisors to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act and applicable rules and regulations thereunder and provided further that no such delegation shall relieve BofA Advisors of 1940, any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating to the Trust. Funds Management will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5its responsibilities hereunder.
Appears in 1 contract
Duties as Administrator. Funds Management shall(a) Subject to the supervision and direction of the Board of Trustees of the Company, at its expenseFDISG, provide as Administrator, will assist in supervising various aspects of the Company's administrative operations and undertakes to perform the following administrative services in connection with the operations of the Trust and the Fundsspecific services:
(ai) receive Maintaining office facilities (which may be in the offices of FDISG or a corporate affiliate) and tabulate shareholder votesfurnishing officers for the Company;
(bii) furnish Furnishing statistical and research data, clerical, accounting and bookkeeping services (including the maintenance of such accounts, books and records of the Company as may be required by Section 31(a) of the 1940 Act and the rules thereunder) and stationery and office supplies;
(ciii) coordinate Providing internal auditing and legal services (or assist inas described in Schedule D to this Agreement) the preparation and filing with the U.S. Securities internal and Exchange Commission (“SEC”) of registration statements, notices, shareholder reports, and other material required to be filed under applicable laws;
(d) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable laws;
(e) prepare and file Form 24F-2s and N-SARs;
(f) review bills submitted to the Funds and, upon determining that a xxxx is appropriate, allocating amounts to the appropriate Funds and Classes thereof and instructing the Funds’ custodian to pay such bills;
(g) coordinate (or assist in) the preparation of reports and other information materials regarding the Funds including proxies and other shareholder communications, and review prospectuses;
(h) prepare expense table information for annual updates;
(i) provide legal and regulatory advice to the Funds in connection with its other executive administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counsel;
(j) provide office facilities and clerical support for the Funds;
(k) develop and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds’ investment objectives, policies and restrictions;
(l) serve as liaison between the Funds and their independent auditors;
(m) prepare and file tax returns;
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(qiv) provide information Performing all functions ordinarily performed by the office of a treasurer, and furnishing the services and facilities ordinarily incident thereto, including calculating the net asset value of the shares of each Fund and the net income available for distribution in conformity with each Fund's current Prospectus and resolutions of the Board of Trustees, which resolutions have been provided to the Funds’ distributor concerning fund performance and administrationFDISG;
(rv) provide Preparing those portions of the Company's Annual and Semi-Annual Reports to shareholders and semi-annual reports to the Funds’ board of directors regarding its activitiesSEC on Form N-SAR that pertain to each Fund and coordinating and filing such reports;
(svi) assist in the preparation Compiling data for and assembly of meeting materials, including comparable fee information, as required, preparing for the Funds’ board of directors; and
(t) provide any other administrative services reasonably necessary for the operation execution those portions of the Funds Company's federal and state tax returns and required tax filings that pertain to each Fund and filing such returns and filings when completed (other than those services that are to be provided filings made by the Trust’s transfer Custodian or Transfer Agent);
(vii) Assisting the Adviser, at the Adviser's request, in monitoring and dividend disbursing agentdeveloping compliance procedures for the Company which will include, custodianamong other matters, procedures to assist the Adviser in monitoring compliance with each Fund's investment objective, policies, restrictions, tax matters and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulations. In performing all services under this Agreement, Funds Management shall: (a) act in conformity with the Trust’s Declaration of Trust (and By-Laws, if any), the 1940 Act, and any other applicable laws as may be amended from time to time, and with the Trust’s registration statement under the Securities Act of 1933 and the 1940 Act, as may be amended from time to time; (b) consult and coordinate with legal counsel to the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating to the Trust. Funds Management will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5.;
Appears in 1 contract
Duties as Administrator. Funds Management Xxxxx Fargo shall, at its expense, provide the following administrative services in connection with the operations of the Trust and the Funds:
(a) receive and tabulate shareholder votes;
(b) furnish statistical and research data;
(c) coordinate (or assist in) the preparation and filing with the U.S. Securities and Exchange Commission (“"SEC”") of registration statements, notices, shareholder reports, and other material required to be filed under applicable laws;
(d) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable laws;
(e) prepare and file Form 24F-2s and N-SARs;
(f) review bills submitted to the Funds and, upon determining that a xxxx is appropriate, allocating amounts to the appropriate Funds and Classes thereof and instructing the Funds’ ' custodian to pay such bills;
(g) coordinate (or assist in) the preparation of reports and other information materials regarding the Funds including proxies and other shareholder communications, and review prospectuses;
(h) prepare expense table information for annual updates;
(i) provide legal and regulatory advice to the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counsel;
(j) provide office facilities and clerical support for the Funds;
(k) develop and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds’ ' investment objectives, policies and restrictions;
(l) serve as liaison between the Funds and their independent auditors;
(m) prepare and file tax returns;
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard to the Funds’ ' transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ ' distributor concerning fund performance and administration;
(r) assist the Trust in the development of additional investment portfolios;
(s) provide reports to the Funds’ ' board of directors regarding its activities;
(st) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ ' board of directors; and
(tu) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s 's transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management Xxxxx Fargo to provide any services that may not be provided by it under applicable banking laws and regulations. In performing all services under this Agreement, Funds Management Xxxxx Fargo shall: (a) act in conformity with the Trust’s 's Declaration of Trust (and By-Laws, if any), the 1940 Act, and any other applicable laws as may be amended from time to time, and with the Trust’s 's registration statement under the Securities Act of 1933 and the 1940 Act, as may be amended from time to time; (b) consult and coordinate with legal counsel to the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management Xxxxx Fargo may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management Xxxxx Fargo to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management Xxxxx Fargo will provide the Trust with a copy of each sub-administration agreement it executes relating to the Trust. Funds Management Xxxxx Fargo will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5.
Appears in 1 contract
Duties as Administrator. Funds Management shall, at its expense, provide the following administrative services in connection with the operations of the Trust and the Funds:
(a) receive and tabulate shareholder votes;
(b) furnish statistical and research data;
(c) coordinate (or assist in) the preparation and filing with the U.S. Securities and Exchange Commission (“SEC”) of registration statements, notices, shareholder reports, and other material required to be filed under applicable laws;
(d) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable laws;
(e) prepare and file Form 24F-2s and N-SARs;
(f) review bills submitted to the Funds and, upon determining that a xxxx is appropriate, allocating amounts to the appropriate Funds and Classes thereof and instructing the Funds’ custodian to pay such bills;
(g) coordinate (or assist in) the preparation of reports and other information materials regarding the Funds including proxies and other shareholder communications, and review prospectuses;
(h) prepare expense table information for annual updates;
(i) provide legal and regulatory advice to the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counsel;
(j) provide office facilities and clerical support for the Funds;
(k) develop and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds’ investment objectives, policies and restrictions;
(l) serve as liaison between the Funds and their independent auditors;
(m) prepare and file tax returns;
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ distributor concerning fund performance and administration;
(r) provide reports to the Funds’ board of directors regarding its activities;
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ board of directors; and
(t) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement UBS Global AM shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulations. In performing all services under this Agreement, Funds Management shall: (a) act in conformity with the Trust’s Declaration of Trust (and By-Laws, if any), the 1940 Act, and any other applicable laws as may be amended from time to time, and with the Trust’s registration statement under the Securities Act of 1933 and the 1940 Act, as may be amended from time to time; (b) consult and coordinate with legal counsel to the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management mayfurnish, at its own expense, enter into subthe executive, supervisory and clerical personnel necessary in order to administer the affairs of the Trust and each Fund subject to the supervision of the Trust's Board of Trustees ("Board"). In carrying out the terms of this Contract, UBS Global AM shall:
(a) provide office space, equipment and facilities (which may include UBS Global AM's or its affiliates) for maintaining the Trust's organization, for meetings of the Trust's Board and shareholders, and for performing administrative services hereunder;
(b) supervise and manage all aspects of the Funds' operations (other than investment advisory activities), assist in the selection of and supervise relations with, and monitor the performance of, custodians, depositories, transfer and pricing agents, accountants, attorneys, underwriters, brokers and dealers, insurers and other persons in any capacity deemed to be necessary and desirable by the Board;
(c) provide certain internal clerical and legal services, and stationery and office supplies;
(d) provide accounting services, including:
1) determining and arranging for the publication of the net asset value of each Fund;
2) preparing financial information for presentation to the Trust's Board;
3) preparing and monitoring the Trust's annual expense budget, and establishing daily accruals;
4) calculating contractual expenses and coordinating payment of Fund expenses;
5) calculating periodic dividend rates to be declared in accordance with guidelines and supervising the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders;
6) calculating total return (and, if applicable, yield) information as described in the current prospectuses and statement of additional information;
7) coordinating audit packages for use by independent public accountants;
8) responding to regulatory audits;
(e) provide non-administration agreements investment related statistical and research data and such other reports, evaluations and information as the Funds may request from time to time;
(f) monitor each Fund's compliance with other service providersthe current registration statement, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any Internal Revenue Code and other applicable laws as may be amended from time and regulations;
(g) prepare, to timethe extent requested by the Trust, and all relevant rules thereunder. Funds Management will provide coordinate with Trust's counsel, prospectuses, statements of additional information, registration statements, proxy statements and annual and semi-annual reports to shareholders;
(h) arrange for the printing and mailing (at the Fund's expense) of an annual list of shareholders, proxy statements and other reports or other materials provided to the Funds' shareholders;
(i) supervise and facilitate the solicitation of proxies solicited by the Trust for all shareholder meetings, including the tabulation process for shareholder meetings;
(j) support outside auditors in preparing and filing all the Funds' federal and state tax returns and required tax filings;
(k) prepare periodic reports to and filings with a copy the Securities and Exchange Commission (the "SEC") and state Blue Sky authorities with the advice of each sub-administration agreement it executes relating the Funds' counsel;
(l) maintain the Trust's existence, and during such times as the shares of the Funds are publicly offered, maintain the registration and qualification of the Funds' shares under federal and state law;
(m) coordinate the Trust's board meeting schedule, initiate the agenda and coordinate production of board meeting materials;
(n) provide individuals acceptable to the Trustees for nomination, appointment, or election as officers of the Trust. Funds Management , who will be liable responsible for acts the management of certain of the Trust's affairs as determined by the Trustees;
(o) keep and maintain the financial accounts and records of the Funds;
(p) analyze and propose changes to shareholder services designed to enhance the value or convenience of the Funds as an investment vehicle;
(q) 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 any such sub-administrators under the standards of care described herein under Paragraph 5.Rules 17g-1 and 17d-1
Appears in 1 contract
Samples: Administration Contract (Ubs Funds)
Duties as Administrator. Funds Management shall, at its expense, provide the following administrative services in connection with the operations of the Trust and the Funds:
(a) coordinate, supervise and make all payments to the Funds' transfer agent and various sub-transfer agents and omnibus account servicers and record-keepers;
(b) receive and tabulate shareholder votes;
(bc) furnish statistical and research data;
(cd) coordinate (or assist in) the preparation and filing with the U.S. Securities and Exchange Commission (“"SEC”") of registration statements, notices, shareholder reports, and other material required to be filed under applicable laws;
(de) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable laws;
(ef) prepare and file Form 24F-2s and N-SARs;
(fg) review bills submitted to the Funds and, upon determining that a xxxx is appropriate, allocating amounts to the appropriate Funds and Classes thereof and instructing the Funds’ ' custodian to pay such bills;
(gh) coordinate (or assist in) the preparation of reports and other information materials regarding the Funds Funds, including prospectuses, proxies and other shareholder communications, and review prospectuses;
(hi) prepare expense table and performance information for annual updates;
(ij) provide legal and regulatory advice to the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counsel;
(jk) provide office facilities and clerical support for the Funds;
(kl) develop and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds’ ' investment objectives, policies and restrictions;
(lm) serve as liaison between the Funds and their independent auditors;
(mn) prepare and file tax returns;
(no) review payments of Fund expenses;
(op) prepare expense budgeting and accruals;
(pq) provide communication, coordination, and supervision services with regard to the Funds’ ' transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(qr) provide information to the Funds’ ' distributor concerning fund performance and administration;
(rs) assist the Trust in the development of additional investment portfolios;
(t) provide reports to the Funds’ ' board of directors regarding its activities;
(su) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ ' board of directors; and
(tv) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s 's transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulations.
(b) coordinating the preparation and filing of registration statements, notices, shareholder reports and other information materials, including prospectuses, proxies and other shareholder communications for a Class; (c) receiving and tabulating Class-specific shareholder votes; (d) reviewing bills submitted to the Funds and, upon determining that a xxxx is appropriate, allocating amounts to the appropriate Funds and Classes thereof and instructing the Funds' custodian to pay such bills; and (e) assembling and disseminating information concerning Class performance, expenses, distributions and administration. In performing all services under this Agreement, Funds Management shall: (a) act in conformity with the Trust’s 's Declaration of Trust (and By-Laws, if any), the 1940 Act, and any other applicable laws as may be amended from time to time, and all relevant rules thereunder, and with the Trust’s 's registration statement under the Securities Act of 1933 and the 1940 Act, as may be amended from time to time; (b) consult and coordinate with legal counsel to the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating to the Trust. Funds Management will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5.
Appears in 1 contract
Duties as Administrator. Funds Management Xxxxx Fargo shall, at its expense, provide ----------------------- the following administrative services in connection with the operations of the Trust Stagecoach and the Funds:
(a) receive and tabulate shareholder votestrack authorized vs. issued shares;
(b) furnish statistical and research data;
(c) coordinate (or assist in) the preparation and filing with the U.S. Securities and Exchange Commission (“SEC”) of registration statements, notices, shareholder reports, and other material required to be filed under applicable laws;
(d) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable laws;
(e) prepare and file Form 24F-2s and N-SARs;
(f) review bills submitted to the Funds and, upon determining that a xxxx is appropriate, allocating amounts to the appropriate Funds and Classes thereof and instructing the Funds’ custodian to pay such bills;
(gd) coordinate (or assist in) the preparation of reports and other information materials regarding the Funds including proxies and other shareholder communications, and review prospectuses;
(he) prepare expense table information for annual updates;
(if) provide legal and regulatory advice to the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counsel;
(jg) provide office facilities and clerical support for the Funds;
(kh) develop and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds’ ' investment objectives, policies and restrictions;
(li) serve as provide liaison between with the Funds and their Funds' independent auditors;
(mj) prepare and file tax returns;
(nk) review payments of Fund expenses;
(ol) prepare expense budgeting and accruals;
(pm) provide communication, coordination, and supervision services with regard to the Funds’ ' transfer agent, custodian, fund accountant, any co-administratorsco- administrator, and other service organizations that render recordkeeping or shareholder communication services;
(qn) provide information to the Funds’ ' distributor concerning fund performance and administration;
(ro) assist Stagecoach in the development of additional investment portfolios;
(p) provide reports to the Funds’ ' board of directors regarding its activities;
(sq) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ ' board of directors; and;
(tr) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s Xxxxxxxx pursuant to its Co-Administration Agreement with Stagecoach and Xxxxx Fargo, and by Stagecoach's transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management Xxxxx Fargo to provide any services that may not be provided by it under applicable banking laws and regulations. In performing all services under this Agreementagreement, Funds Management Xxxxx Fargo shall: (a) act in conformity with the Trust’s Declaration Stagecoach's Articles of Trust (Incorporation and By-Laws, if any), the 1940 Act, and any other applicable laws as may be amended from time to time, ; and with the Trust’s Stagecoach's registration statement under the Securities Act of 1933 and the 1940 Act, as may be amended from time to time; (b) consult and coordinate with legal counsel to the Trust Stagecoach as necessary and appropriate; and (c) advise and report to the Trust Stagecoach and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this ParagraphParagraph 3, Funds Management Xxxxx Fargo may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management Xxxxx Fargo to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management Xxxxx Fargo will provide the Trust Stagecoach with a copy of each sub-administration agreement it executes relating to the TrustStagecoach. Funds Management Xxxxx Fargo will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5. In performing its services under this agreement, Xxxxx Fargo shall cooperate and coordinate with Xxxxxxxx as necessary and appropriate and shall provide such information to Xxxxxxxx as is reasonably necessary or appropriate for Xxxxxxxx to perform its obligations to Stagecoach.
Appears in 1 contract
Samples: Administration Agreement (Stagecoach Funds Inc /Ak/)
Duties as Administrator. Funds Management shallSubject to the supervision and direction of ----------------------- the Board of Managers of the Account, at its expense, provide Investor Services Group will assist in supervising various aspects of the Account's administrative operations and undertakes to perform the following administrative services in connection with the operations of the Trust and the Fundsspecific services:
(a) receive Maintaining office facilities (which may be in the offices of Investor Services Group or a corporate affiliate) and tabulate shareholder votesfurnishing corporate officers for the Account;
(b) furnish statistical Performing the functions ordinarily performed by a mutual fund group's internal legal department as described in Schedule D to this Agreement, furnishing data processing services, clerical services, and research dataexecutive and administrative services and standard stationery and office supplies in connection with the foregoing;
(c) coordinate Accounting and bookkeeping services (or assist in) including the preparation maintenance of such accounts, books and filing with records of the U.S. Securities and Exchange Commission (“SEC”Account as may be required by Section 31(a) of registration statements, notices, shareholder reports, the 1940 Act and other material required to be filed under applicable lawsthe rules thereunder);
(d) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable lawsInternal auditing;
(e) prepare Performing all functions ordinarily performed by the office of a corporate treasurer, and file Form 24F-2s furnishing the services and N-SARsfacilities ordinarily incident thereto, including calculating the net asset value of the shares in conformity with the Subaccount's prospectus;
(f) review bills submitted Assisting in the preparation of reports to the Funds andAccount's shareholders of record and the SEC including, upon determining that a xxxx is appropriatebut not necessarily limited to, allocating amounts to the appropriate Funds Annual Reports and Classes thereof and instructing the Funds’ custodian to pay such billsSemi-Annual Reports on Form N-SAR;
(g) coordinate (Preparing various reports or assist in) the preparation of reports other documents required by federal, state and other information materials regarding applicable laws and regulations, other than those filed or required to be filed by the Funds including proxies and other shareholder communications, and review prospectusesCustodian or Adviser;
(h) prepare expense table information for annual updatesPreparing the Account's tax returns;
(i) provide legal Assisting each Adviser, at the Adviser's request, in monitoring and regulatory advice developing compliance procedures for the Account which will include, among other matters, procedures to assist the Funds Advisers in connection monitoring compliance with its other administrative functionseach Subaccount's investment objective, including assignment of policies, restrictions, tax matters to outside legal counsel on behalf of the Trust and supervising the work of such counselapplicable laws and regulations;
(j) provide Performing all functions ordinarily performed by the office of a corporate secretary, and furnishing the services and facilities incident thereto, including preparation for, conduct of, and clerical support for the Fundsrecording Managers' meetings and shareholder meetings;
(k) develop Furnishing all other services identified on Schedule B annexed hereto and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds’ investment objectives, policies and restrictions;
(l) serve as liaison between the Funds and their independent auditors;
(m) prepare and file tax returns;
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ distributor concerning fund performance and administration;
(r) provide reports to the Funds’ board of directors regarding its activities;
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ board of directors; and
(t) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that incorporated herein which are to be provided by the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulationsotherwise specifically set forth above. In performing all services its duties under this Agreement, Funds Management shallInvestor Services Group: (a) will act in conformity accordance with the Trust’s Declaration of Trust (and By-Laws, if any), the 1940 Act, and any other applicable laws as may be amended from time to time, Prospectuses and with the Trust’s registration statement under instructions and directions of the Securities Act Account and will conform to and comply with the requirements of 1933 and the 1940 Act, as may be amended from time to timeAct and all other applicable federal or state laws and regulations; and (b) will consult and coordinate with legal counsel to the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counselAccount, as necessary and appropriate. Furthermore, with respect Investor Services Group shall not have or be required to have any compliance authority to supervise the investment or reinvestment of the securities or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions properties which comprise the assets of the 1940 Act, the Investment Advisers Act Account or any of 1940, its Subaccounts and shall not provide any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating investment advisory services to the Trust. Funds Management will be liable for acts Account or omissions any of any such sub-administrators under the standards of care described herein under Paragraph 5its Subaccounts.
Appears in 1 contract
Samples: Administrative Services Agreement (PFL Endeavor Target Account)
Duties as Administrator. Funds Management shall(a) Subject to the supervision and direction of the Board of Trustees of the Company, FDISG, as Administrator, will assist in supervising various aspects of the Company's administrative operations and undertakes to perform the following specific services:
(i) Maintaining office facilities (which may be in the offices of FDISG or a corporate affiliate) and furnishing officers for the Company;
(ii) Furnishing statistical and research data, clerical, accounting and bookkeeping services (including the maintenance of such accounts, books and records of the Company as may be required by Section 31(a) of the 1940 Act and the rules thereunder) and stationery and office supplies;
(iii) Providing internal auditing and legal services (as described in Schedule D to this Agreement) and internal and executive administrative services;
(iv) Performing all functions ordinarily performed by the office of a treasurer, and furnishing the services and facilities ordinarily incident thereto, including calculating the net asset value of the shares of each Fund and the net income available for distribution in conformity with each Fund's current Prospectus and resolutions of the Board of Trustees, which resolutions have been provided to FDISG;
(v) Preparing those portions of the Company's Annual and Semi-Annual Reports to shareholders and semi-annual reports to the SEC on Form N-SAR that pertain to each Fund and coordinating and filing such reports;
(vi) Compiling data for and preparing for execution those portions of the Company's federal and state tax returns and required tax filings that pertain to each Fund and filing such returns and filings when completed (other than those filings made by the Custodian);
(vii) Assisting the Adviser, at its expensethe Adviser's request, provide in monitoring and developing compliance procedures for the following administrative services Company which will include, among other matters, procedures to assist the Adviser in monitoring compliance with each Fund's investment objective, policies, restrictions, tax matters and applicable laws and regulations;
(viii) Performing "Blue Sky" compliance functions, including maintaining notice filings, registrations or "Blue Chip" exemptions (if available) in all U.S. jurisdictions requested in writing by the Company, monitoring sales of shares in all such jurisdictions and filing such additional notice or applying for such additional or amended registrations as may be reasonably anticipated to be necessary to permit continuous sales of the shares of the Funds in all such jurisdictions, filing sales literature and advertising materials to the extent required, with such Blue Sky authorities, and making and filing all other applications, reports, notices, documents and exhibits in connection with the operations foregoing;
(ix) Performing custody liaison operations, including maintaining the day-to-day operational contact with the Custodian, calculating daily cash availability, authorizing and monitoring cash movements, processing corporate actions, supporting income and security settlements processed by the Custodian and recorded by FDISG;
(xi) Arranging for and bearing the cost of processing purchase and redemption orders with respect to each Fund's shares; and
(xii) Furnishing all other services identified on Schedule D attached hereto and incorporated herein which are not otherwise specifically set forth above.
(b) In addition to the duties set forth herein, FDISG shall perform such other duties and functions, and shall be paid such amounts therefor, as may from time to time be agreed upon in writing by the Company and FDISG.
(c) In compliance with the requirements of Rule 31a-3 under the 1940 Act, FDISG hereby agrees that all records which it maintains for the Company are the property of the Trust Company, and further agrees to surrender promptly to the FundsCompany any of such records upon the Company's request. FDISG further agrees to preserve for the periods prescribed by Rule 31a-2 under the 1940 Act the records required to be maintained under Rule 31a-1 of the 1940 Act.
(d) In computing the net asset value of each Fund, FDISG may utilize one or more independent pricing services approved from time to time by the Board of Trustees of the Company to obtain securities prices. Each Fund will pay its share of the cost of such services based upon its actual use of the services.
(e) In performing its duties under this Agreement, FDISG:
(a) receive will act in accordance with the Company's Declaration of Trust, Code of Regulations, Prospectuses and tabulate shareholder votes;
with the instructions and directions of the Company and will conform to and comply with the requirements of the 1940 Act and all other applicable federal or state laws and regulations; and (b) furnish statistical and research data;
(c) coordinate (or assist in) the preparation and filing with the U.S. Securities and Exchange Commission (“SEC”) of registration statements, notices, shareholder reports, and other material required to be filed under applicable laws;
(d) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable laws;
(e) prepare and file Form 24F-2s and N-SARs;
(f) review bills submitted to the Funds and, upon determining that a xxxx is appropriate, allocating amounts to the appropriate Funds and Classes thereof and instructing the Funds’ custodian to pay such bills;
(g) coordinate (or assist in) the preparation of reports and other information materials regarding the Funds including proxies and other shareholder communications, and review prospectuses;
(h) prepare expense table information for annual updates;
(i) provide legal and regulatory advice to the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counsel;
(j) provide office facilities and clerical support for the Funds;
(k) develop and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds’ investment objectives, policies and restrictions;
(l) serve as liaison between the Funds and their independent auditors;
(m) prepare and file tax returns;
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ distributor concerning fund performance and administration;
(r) provide reports to the Funds’ board of directors regarding its activities;
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ board of directors; and
(t) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulations. In performing all services under this Agreement, Funds Management shall: (a) act in conformity with the Trust’s Declaration of Trust (and By-Laws, if any), the 1940 Act, and any other applicable laws as may be amended from time to time, and with the Trust’s registration statement under the Securities Act of 1933 and the 1940 Act, as may be amended from time to time; (b) will consult and coordinate with legal counsel to the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counselCompany, as necessary and appropriate. Furthermore, with respect FDISG shall not have or be required to have any compliance authority to supervise the investment or reinvestment of the securities or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions properties which comprise the assets of the 1940 Act, the Investment Advisers Act Company or any of 1940, its Funds and shall not provide any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating investment advisory services to the Trust. Funds Management will be liable for acts Company or omissions any of any such sub-administrators under the standards of care described herein under Paragraph 5its Funds.
Appears in 1 contract
Duties as Administrator. Funds Management shall, at its expense, provide the following administrative services in connection with the operations of the Trust and the Funds:
(a) coordinate, supervise and make all payments to the Funds' transfer agent and various sub-transfer agents and omnibus account servicers and record-keepers, including certain of the service providers to the separate accounts that invest in the Funds;
(b) receive and tabulate shareholder votes;
(bc) furnish statistical and research data;
(cd) coordinate (or assist in) the preparation and filing with the U.S. Securities and Exchange Commission (“"SEC”") of registration statements, notices, shareholder reports, and other material required to be filed under applicable laws;
(de) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable laws;
(ef) prepare and file Form 24F-2s and N-SARs;
(fg) review bills submitted to the Funds and, upon determining that a xxxx is appropriate, allocating amounts to the appropriate Funds and Classes thereof and instructing the Funds’ ' custodian to pay such bills;
(gh) coordinate (or assist in) the preparation of reports and other information materials regarding the Funds including prospectuses, proxies and other shareholder communications, and review prospectuses;
(hi) prepare expense table and performance information for annual updates;
(ij) provide legal and regulatory advice to the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counsel;
(jk) provide office facilities and clerical support for the Funds;
(kl) develop and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds’ ' investment objectives, policies and restrictions;
(lm) serve as liaison between the Funds and their independent auditors;
(mn) prepare and file tax returns;
(no) review payments of Fund expenses;
(op) prepare expense budgeting and accruals;
(pq) provide communication, coordination, and supervision services with regard to the Funds’ ' transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(qr) provide information to the Funds’ ' distributor concerning fund performance and administration;
(rs) assist the Trust in the development of additional investment portfolios;
(t) provide reports to the Funds’ ' board of directors regarding its activities;
(su) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ ' board of directors; and
(tv) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s 's transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulations. In performing all services under this Agreement, Funds Management shall: (a) act in conformity with the Trust’s 's Declaration of Trust (and By-Laws, if any), the 1940 Act, and any other applicable laws as may be amended from time to time, and all relevant rules thereunder, and with the Trust’s 's registration statement under the Securities Act of 1933 and the 1940 Act, as may be amended from time to time; (b) consult and coordinate with legal counsel to the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating to the Trust. Funds Management will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5.
Appears in 1 contract
Samples: Administration Agreement (Wells Fargo Variable Trust)
Duties as Administrator. Funds Management shall, at its expense, provide the following administrative services in connection with the operations of the Trust and the Funds:
(a) receive and tabulate shareholder votes;
(b) furnish statistical and research data;
(c) coordinate (or assist in) the preparation and filing with the U.S. Securities and Exchange Commission (“SEC”) of registration statements, notices, shareholder reports, and other material required to be filed under applicable laws;
(d) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable laws;
(e) prepare and file Form 24F-2s and N-SARs;
(f) review bills submitted to the Funds and, upon determining that a xxxx is appropriate, allocating amounts to the appropriate Funds and Classes thereof and instructing the Funds’ custodian to pay such bills;
(g) coordinate (or assist in) the preparation of reports and other information materials regarding the Funds including proxies and other shareholder communications, and review prospectuses;
(h) prepare expense table information for annual updates;
(i) provide legal and regulatory advice to the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counsel;
(j) provide office facilities and clerical support for the Funds;
(k) develop and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds’ investment objectives, policies and restrictions;
(l) serve as liaison between the Funds and their independent auditors;
(m) prepare and file tax returns;
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ distributor concerning fund performance and administration;
(r) provide reports to the Funds’ board of directors regarding its activities;
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ board of directors; and
(t) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement UBS Global AM shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulations. In performing all services under this Agreement, Funds Management shall: (a) act in conformity with the Trust’s Declaration of Trust (and By-Laws, if any), the 1940 Act, and any other applicable laws as may be amended from time to time, and with the Trust’s registration statement under the Securities Act of 1933 and the 1940 Act, as may be amended from time to time; (b) consult and coordinate with legal counsel to the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management mayfurnish, at its own expense, enter into subthe executive, supervisory and clerical personnel necessary in order to administer the affairs of the Trust and each Fund subject to the supervision of the Trust's Board of Trustees ("Board"). In carrying out the terms of this Contract, UBS Global AM shall:
(a) provide office space, equipment and facilities (which may include UBS Global AM's or its affiliates) for maintaining the Trust's organization, for meetings of the Trust's Board and shareholders, and for performing administrative services hereunder;
(b) supervise and manage all aspects of the Funds' operations (other than investment advisory activities), assist in the selection of and supervise relations with, and monitor the performance of, custodians, depositories, transfer and pricing agents, accountants, attorneys, underwriters, brokers and dealers, insurers and other persons in any capacity deemed to be necessary and desirable by the Board;
(c) provide certain internal clerical and legal services, and stationery and office supplies;
(d) provide accounting services, including:
1) determining and arranging for the publication of the net asset value of each Fund;
2) preparing financial information for presentation to the Trust's Board;
3) preparing and monitoring the Trust's annual expense budget, and establishing daily accruals;
4) calculating contractual expenses and coordinating payment of Fund expenses;
5) calculating periodic dividend rates to be declared in accordance with guidelines and supervising the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders;
6) calculating total return (and, if applicable, yield) information as described in the current prospectuses and statement of additional information;
7) coordinating audit packages for use by independent public accountants;
8) responding to regulatory audits;
(e) provide non-administration agreements investment related statistical and research data and such other reports, evaluations and information as the Funds may request from time to time;
(f) monitor each Fund's compliance with other service providersthe current registration statement, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any Internal Revenue Code and other applicable laws as may be amended from time and regulations;
(g) prepare, to timethe extent requested by the Trust, and all relevant rules thereunder. Funds Management will provide coordinate with Trust's counsel, prospectuses, statements of additional information, registration statements, proxy statements and annual and semi-annual reports to shareholders;
(h) arrange for the printing and mailing (at the Funds' expense) of an annual list of shareholders, proxy statements and other reports or other materials provided to the Funds' shareholders;
(i) supervise and facilitate the solicitation of proxies solicited by the Trust for all shareholder meetings, including the tabulation process for shareholder meetings;
(j) support outside auditors in preparing and filing all the Funds' federal and state tax returns and required tax filings;
(k) prepare periodic reports to and filings with a copy the Securities and Exchange Commission (the "SEC") and state Blue Sky authorities with the advice of each sub-administration agreement it executes relating the Funds' counsel;
(l) maintain the Trust's existence, and during such times as the shares of the Funds are publicly offered, maintain the registration and qualification of the Funds' shares under federal and state law;
(m) coordinate the Trust's board meeting schedule, initiate the agenda and coordinate production of board meeting materials;
(n) provide individuals acceptable to the Trustees for nomination, appointment, or election as officers of the Trust. Funds Management , who will be liable responsible for acts the management of certain of the Trust's affairs as determined by the Trustees;
(o) keep and maintain the financial accounts and records of the Funds;
(p) analyze and propose changes to shareholder services designed to enhance the value or convenience of the Funds as an investment vehicle;
(q) 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 any such sub-administrators under the standards of care described herein under Paragraph 5.Rules 17g-1 and 17d-1
Appears in 1 contract
Duties as Administrator. Funds Fuunds Management shall, at its expense, ----------------------- provide the following administrative services in connection with the operations of the Trust and the Funds:
(a) receive and tabulate shareholder votes;
(b) furnish statistical and research data;
(c) coordinate (or assist in) the preparation and filing with the U.S. Securities and Exchange Commission (“"SEC”") of registration statements, notices, shareholder reports, and other material required to be filed under applicable laws;
(d) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable laws;
(e) prepare and file Form 24F-2s and N-SARs;
(f) review bills submitted to the Funds and, upon determining that a xxxx is appropriate, allocating amounts to the appropriate Funds and Classes thereof and instructing the Funds’ ' custodian to pay such bills;
(g) coordinate (or assist in) the preparation of reports and other information materials regarding the Funds including proxies and other shareholder communications, and review prospectuses;
(h) prepare expense table information for annual updates;
(i) provide legal and regulatory advice to the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counsel;
(j) provide office facilities and clerical support for the Funds;
(k) develop and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds’ ' investment objectives, policies and restrictions;
(l) serve as liaison between the Funds and their independent auditors;
(m) prepare and file tax returns;
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard to the Funds’ ' transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ ' distributor concerning fund performance and administration;
(r) assist the Trust in the development of additional investment portfolios;
(s) provide reports to the Funds’ ' board of directors regarding its activities;
(st) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ ' board of directors; and
(tu) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s 's transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulations. In performing all services under this Agreement, Funds Management shall: (a) act in conformity with the Trust’s 's Declaration of Trust (and By-Laws, if any), the 1940 Act, and any other applicable laws as may be amended from time to time, and with the Trust’s 's registration statement under the Securities Act of 1933 and the 1940 Act, as may be amended from time to time; (b) consult and coordinate with legal counsel to the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating to the Trust. Funds Management will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5.
Appears in 1 contract
Samples: Administration Agreement (Wells Fargo Variable Trust)
Duties as Administrator. Funds Management shallUBS Global AM shall furnish, at its own expense, provide the following administrative services executive, supervisory and clerical personnel necessary in connection with order to administer the operations affairs of the Trust and each Fund subject to the Fundssupervision of the Trust’s Board of Trustees (“Board”). In carrying out the terms of this Contract, UBS Global AM shall:
(a) receive provide office space, equipment and tabulate shareholder votesfacilities (which may include UBS Global AM’s or its affiliates) for maintaining the Trust’s organization, for meetings of the Trust’s Board and shareholders, and for performing administrative services hereunder;
(b) furnish statistical supervise and research datamanage all aspects of the Funds’ operations (other than investment advisory activities), assist in the selection of and supervise relations with, and monitor the performance of, custodians, depositories, transfer and pricing agents, accountants, attorneys, underwriters, brokers and dealers, insurers and other persons in any capacity deemed to be necessary and desirable by the Board;
(c) provide certain internal clerical and legal services, and stationery and office supplies;
(d) provide accounting services, including:
1) determining and arranging for the publication of the net asset value of each Fund;
2) preparing financial information for presentation to the Trust’s Board;
3) preparing and monitoring the Trust’s annual expense budget, and establishing daily accruals;
4) calculating contractual expenses and coordinating payment of Fund expenses;
5) calculating periodic dividend rates to be declared in accordance with guidelines and supervising the Trust’s transfer agent with respect to the payment of dividends and other distributions to shareholders;
6) calculating total return (and, if applicable, yield) information as described in the current prospectuses and statement of additional information;
7) coordinating audit packages for use by independent public accountants;
8) responding to regulatory audits;
(e) provide non-investment related statistical and research data and such other reports, evaluations and information as the Funds may request from time to time;
(f) monitor each Fund’s compliance with the current registration statement, the 1940 Act, the Internal Revenue Code and other applicable laws and regulations;
(g) prepare, to the extent requested by the Trust, and coordinate with Trust’s counsel, prospectuses, statements of additional information, registration statements, proxy statements and annual and semi-annual reports to shareholders;
(h) arrange for the printing and mailing (at the Fund’s expense) of an annual list of shareholders, proxy statements and other reports or assist inother materials provided to the Funds’ shareholders;
(i) supervise and facilitate the preparation solicitation of proxies solicited by the Trust for all shareholder meetings, including the tabulation process for shareholder meetings;
(j) support outside auditors in preparing and filing all the Funds’ federal and state tax returns and required tax filings;
(k) prepare periodic reports to and filings with the U.S. Securities and Exchange Commission (the “SEC”) of registration statements, notices, shareholder reports, and other material required to be filed under applicable laws;
(d) prepare and file state Blue Sky authorities with the states registration statements, notices, reports, and other material required to be filed under applicable laws;
(e) prepare and file Form 24F-2s and N-SARs;
(f) review bills submitted to the Funds and, upon determining that a xxxx is appropriate, allocating amounts to the appropriate Funds and Classes thereof and instructing advice of the Funds’ custodian to pay such bills;
(g) coordinate (or assist in) the preparation of reports and other information materials regarding the Funds including proxies and other shareholder communications, and review prospectuses;
(h) prepare expense table information for annual updates;
(i) provide legal and regulatory advice to the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counsel;
(jl) maintain the Trust’s existence, and during such times as the shares of the Funds are publicly offered, maintain the registration and qualification of the Funds’ shares under federal and state law;
(m) coordinate the Trust’s board meeting schedule, initiate the agenda and coordinate production of board meeting materials;
(n) provide office facilities individuals acceptable to the Trustees for nomination, appointment, or election as officers of the Trust, who will be responsible for the management of certain of the Trust’s affairs as determined by the Trustees;
(o) keep and clerical support for maintain the financial accounts and records of the Funds;
(kp) develop analyze and implement procedures for monitoring compliance with regulatory requirements and compliance with propose changes to shareholder services designed to enhance the Funds’ investment objectives, policies and restrictions;
(l) serve as liaison between value or convenience of the Funds and their independent auditors;
(m) prepare and file tax returns;
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication servicesas an investment vehicle;
(q) provide information to obtain and keep in effect fidelity bonds and directors and officers/errors and omissions insurance policies for the Funds’ distributor concerning fund performance Trust in accordance with the requirements of Rules 17g-1 and administration17d-1(7) under the 1940 Act as such bonds and policies are approved by the Trust’s Board of Trustees;
(r) provide the Board on a regular basis with reports to and analyses of each Fund’s operations and the Funds’ board operations of directors regarding its activities;comparable investment companies; and
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ board of directors; and
(t) provide take any other administrative services reasonably necessary for the operation of the Funds other than those services that are actions which appear to be provided by the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulations. In performing all services under this Agreement, Funds Management shall: (a) act in conformity with the Trust’s Declaration of Trust (and By-Laws, if any), the 1940 Act, and any other applicable laws as may be amended from time to time, and with the Trust’s registration statement under the Securities Act of 1933 UBS Global AM and the 1940 Act, as may be amended from time Board necessary to time; (b) consult and coordinate with legal counsel to carry into effect the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under purposes of this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating to the Trust. Funds Management will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5Contract.
Appears in 1 contract
Samples: Administration Contract (Ubs Funds)
Duties as Administrator. Funds Management shallSubject to the supervision and direction of the Board of Trustees of the Company, at its expenseFDISG, provide as Administrator, will assist in supervising various aspects of the Company's administrative operations and undertakes to perform the following administrative services in connection with the operations of the Trust and the Fundsspecific services:
(a) receive Maintaining office facilities (which may be in the offices of FDISG or a corporate affiliate) and tabulate shareholder votesfurnishing corporate officers for the Company ;
(b) furnish statistical Performing the functions ordinarily performed by a mutual fund groups internal legal department as described in Schedule D to this Agreement, furnishing data processing services, clerical services, and research dataexecutive and administrative services and standard stationery and office supplies in connection with the foregoing;
(c) coordinate Accounting and bookkeeping services (or assist in) including maintenance of such accounts, books and records of the preparation and filing with the U.S. Securities and Exchange Commission (“SEC”Company as may be required by Section 31(a) of registration statements, notices, shareholder reports, the 1940 Act and other material required to be filed under applicable lawsthe rules thereunder);
(d) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable lawsInternal auditing;
(e) prepare Performing all functions ordinarily performed by the office of a corporate treasurer, and file Form 24F-2s furnishing the services and N-SARsfacilities ordinarily incident thereto, including calculating the net asset value of the shares in conformity with the fund(s) prospectus;
(f) review bills submitted Preparing reports to the Funds andCompany's shareholders of record and the SEC including, upon determining that a xxxx is appropriatebut not necessarily limited to, allocating amounts to the appropriate Funds Annual Reports and Classes thereof and instructing the Funds’ custodian to pay such billsSemi-Annual Reports on Form N-SAR;
(g) coordinate (Preparing and filing various applications, registration statements, reports or assist in) the preparation of reports and other information materials regarding the Funds including proxies and other shareholder communicationsdocuments required by federal, and review prospectusesstate laws and regulations, other than those filed or required to be filed by the Adviser or Transfer Agent;
(h) prepare expense table information for annual updatesPreparing and filing the Company's tax returns;
(i) provide legal At the Adviser's request, monitoring and regulatory advice to developing compliance procedures for the Funds in connection Company which will include, among other matters, monitoring compliance with its other administrative functionseach Fund's investment objective, including assignment of matters to outside legal counsel on behalf of the Trust policies, restrictions, tax requirements and supervising the work of such counselapplicable laws and regulations;
(j) provide Performing all functions ordinarily performed by the office of a corporate secretary, and furnishing the services and facilities incident thereto, including all functions pertaining to matters organic to the organization, existence and clerical support maintenance of the corporate franchise of the Company, including preparation for, conduct of, and recording trustees' meetings and shareholder meetings. Trustees' meetings in excess of five in any calendar year and shareholder meetings in excess of one in any two year period shall be for an additional reasonable charge as may be agreed upon by the FundsAdministrator and FDISG;
(k) develop Performing "Blue Sky" compliance functions, including maintaining notice filings, registrations or "Blue Chip" exemptions (if available) in all U.S. jurisdictions requested by the Company, monitoring sales of shares in all such jurisdictions and implement procedures filing such additional notice or applying for monitoring compliance such additional or amended registrations as may be reasonably anticipated to be necessary to permit continuous sales of the shares of the Funds in all such jurisdictions, filing sales literature and advertising materials to the extent required, with regulatory requirements such Blue Sky authorities, and compliance making and filing all other applications, reports, notices, documents and exhibits in connection with the Funds’ investment objectives, policies and restrictions;foregoing; and
(l) serve as liaison between the Funds Furnishing all other services identified on Schedule B annexed hereto and their independent auditors;incorporated herein which are not otherwise specifically set forth above.
(m) prepare FDISG agrees to provide the services set forth herein in accordance with the Performance Standards annexed hereto as Exhibit 1 of Schedule D and file tax returns;incorporated herein (the "Performance Standards"). Such Performance Standards may be amended from time to time upon written agreement by the parties.
(n) review payments of Fund expenses;
The Company hereby instructs FDISG to rely upon the underlying fund company, NASDAQ or third parties (othe "Pricing Source") prepare expense budgeting for obtaining daily underlying fund valuations and accruals;
(p) provide communication, coordination, and supervision services with regard to periodic dividend distributions. In the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to event the Funds’ distributor concerning fund performance and administration;
(r) provide reports to Pricing Source incorrectly states the Funds’ board of directors regarding its activities;
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ board of directors; and
(t) provide any other administrative services reasonably necessary for the operation value of the underlying fund company or a dividend, FDISG agrees to reprocess the price of the affected Funds other than those services that are shares. The Company agrees to be provided bear the cost of any such reprocessing by the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulationsFDISG. In performing all services under this Agreement, Funds Management shallFDISG: (a) shall act in conformity with the Trust’s Declaration of Trust (and By-Laws, if any)Articles, the 1940 ActProspectuses and the instructions and directions of the Administrator, and any will conform to and comply with the requirements of the 1940 Act and all other applicable federal or state laws as may be amended from time to time, and with the Trust’s registration statement under the Securities Act of 1933 regulations; and the 1940 Act, as may be amended from time to time; (b) will consult and coordinate with legal counsel to the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counselFund, as necessary or appropriate in light of FDISGs duty to perform customary internal legal and appropriatecorporate secretary functions. Furthermore, with respect FDISG shall not have or be required to have any compliance authority to supervise the investment or reinvestment of the securities or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions properties which comprise the assets of the 1940 Act, the Investment Advisers Act Company or any of 1940, its Funds and shall not provide any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating investment advisory services to the Trust. Funds Management will be liable for acts Company or omissions any of any such sub-administrators under the standards of care described herein under Paragraph 5its Funds.
Appears in 1 contract
Duties as Administrator. Funds Management shall, at its expense, provide the following administrative services in connection with the operations of the Trust and the Funds:
(a) receive and tabulate shareholder votes;
(b) furnish statistical and research data;
(c) coordinate (or assist in) the preparation and filing with the U.S. Securities and Exchange Commission (“SEC”) of registration statements, notices, shareholder reports, and other material required to be filed under applicable laws;
(d) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable laws;
(e) prepare and file Form 24F-2s and N-SARs;
(f) review bills submitted to the Funds and, upon determining that a xxxx is appropriate, allocating amounts to the appropriate Funds and Classes thereof and instructing the Funds’ custodian to pay such bills;
(g) coordinate (or assist in) the preparation of reports and other information materials regarding the Funds including proxies and other shareholder communications, and review prospectuses;
(h) prepare expense table information for annual updates;
(i) provide legal and regulatory advice to the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counsel;
(j) provide office facilities and clerical support for the Funds;
(k) develop and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds’ investment objectives, policies and restrictions;
(l) serve as liaison between the Funds and their independent auditors;
(m) prepare and file tax returns;
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ distributor concerning fund performance and administration;
(r) provide reports to the Funds’ board of directors regarding its activities;
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ board of directors; and
(t) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement Xxxxxxx Advisors shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulations. In performing all services under this Agreement, Funds Management shall: (a) act in conformity with the Trust’s Declaration of Trust (and By-Laws, if any), the 1940 Act, and any other applicable laws as may be amended from time to time, and with the Trust’s registration statement under the Securities Act of 1933 and the 1940 Act, as may be amended from time to time; (b) consult and coordinate with legal counsel to the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management mayfurnish, at its own expense, enter into subthe executive, supervisory and clerical personnel necessary in order to administer the affairs of the Trust and each Fund subject to the supervision of the Trust's Board of Trustees ("Board"). In carrying out the terms of this Contract, Xxxxxxx Advisors shall:
(a) provide office space, equipment and facilities (which may be Xxxxxxx Advisors' or its affiliates') for maintaining the Trust's organization, for meetings of the Trust's Board and shareholders, and for performing administrative services hereunder;
(b) supervise and manage all aspects of the Funds' operations (other than investment advisory activities), assist in the selection of and supervise relations with, and monitor the performance of, custodians, depositories, transfer and pricing agents, accountants, attorneys, underwriters, brokers and dealers, insurers and other persons in any capacity deemed to be necessary and desirable by the Board;
(c) provide certain internal clerical and legal services, and stationery and office supplies;
(d) provide accounting services, including:
1) determining and arranging for the publication of the net asset value of each Fund;
2) preparing financial information for presentation to the Trust's Board;
3) preparing and monitoring the Trust's annual expense budget, and establishing daily accruals;
4) calculating contractual expenses and coordinating payment of Fund expenses;
5) calculating periodic dividend rates to be declared in accordance with guidelines and supervising the Trust's transfer agent with respect to the payment of dividends and other distributions to shareholders;
6) calculating total return (and, if applicable, yield) information as described in the current prospectuses and statement of additional information;
7) coordinating audit packages for use by independent public accountants;
8) responding to regulatory audits;
(e) provide non-administration agreements investment related statistical and research data and such other reports, evaluations and information as the Funds may request from time to time;
(f) monitor each Fund's compliance with other service providersthe current registration statement, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any Internal Revenue Code and other applicable laws as may be amended from time and regulations;
(g) prepare, to timethe extent requested by the Trust, and all relevant rules thereunder. Funds Management will provide coordinate with Trust's counsel, prospectuses, statements of additional information, registration statements, proxy statements and annual and semi-annual reports to shareholders;
(h) arrange for the printing and mailing (at the Funds' expense) of an annual list of shareholders, proxy statements and other reports or other materials provided to the Funds' shareholders;
(i) supervise and facilitate the solicitation of proxies solicited by the Trust for all shareholder meetings, including the tabulation process for shareholder meetings;
(j) support outside auditors in preparing and filing all the Funds' federal and state tax returns and required tax filings;
(k) prepare periodic reports to and filings with a copy the Securities and Exchange Commission (the "SEC") and state Blue Sky authorities with the advice of each sub-administration agreement it executes relating the Funds' counsel;
(l) maintain the Trust's existence, and during such times as the shares of the Funds are publicly offered, maintain the registration and qualification of the Funds' shares under federal and state law;
(m) coordinate the Trust's board meeting schedule, initiate the agenda and coordinate production of board meeting materials;
(n) provide individuals acceptable to the Trustees for nomination, appointment, or election as officers of the Trust. Funds Management , who will be liable responsible for acts the management of certain of the Trust's affairs as determined by the Trustees;
(o) keep and maintain the financial accounts and records of the Funds;
(p) analyze and propose changes to shareholder services designed to enhance the value or convenience of the Funds as an investment vehicle;
(q) 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 any such sub-administrators under the standards of care described herein under Paragraph 5.Rules 17g-1 and 17d-1
Appears in 1 contract
Samples: Administration Contract (Ubs Funds)
Duties as Administrator. Funds Management shallSubject to the supervision and direction of the Board of Trustees/Directors of the Company, at its expenseCMA, provide as Administrator, will assist in supervising various aspects of the Company’s administrative operations and undertakes to perform the following specific services from and after the effective date of this Agreement:
(a) Maintain office facilities for the Company (which may be in the offices of CMA or a corporate affiliate);
(b) Furnish clerical services, internal executive and administrative services and stationery and office supplies in connection with the foregoing;
(c) Assist in furnishing statistical and research data and data processing services in connection with the operations of the Trust and the Funds:
(a) receive and tabulate shareholder votes;
(b) furnish statistical and research data;
(c) coordinate (or assist in) the preparation and filing with the U.S. Securities and Exchange Commission (“SEC”) of registration statements, notices, shareholder reports, and other material required to be filed under applicable lawsforegoing;
(d) prepare Furnish corporate secretarial services, including assisting in the coordination of the preparation and file with the states registration statements, notices, reports, and other material required to be filed under applicable lawsdistribution of materials for Board;
(e) prepare and file Form 24F-2s and N-SARsProvide the services by certain persons who may be appointed as officers of the Company by the Board;
(f) review bills submitted Assist in coordinating the provision of legal advice and counsel to the Funds andCompany with respect to regulatory matters, upon determining that a xxxx is appropriateincluding monitoring regulatory and legislative developments which may affect the Company and assisting in the strategic response to such developments, allocating amounts counseling and assisting the Company in routine regulatory examinations or investigations of the Company, and working closely with outside counsel to the appropriate Funds and Classes thereof and instructing Company in connection with any litigation in which the Funds’ custodian to pay such billsCompany is involved;
(g) coordinate (or assist in) Prepare and file timely the preparation certified final versions of reports the annual and other information materials regarding the Funds including proxies and other shareholder communications, and review prospectusessemi-annual report on Form N-CSR;
(h) prepare expense table information for annual updatesCoordinate the preparation and filing of the Funds’ voting records on Form N-PX;
(i) provide legal and regulatory advice to File holdings reports on Form N-Q as required at the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf end of the Trust first and supervising the work third fiscal quarters of such counseleach year;
(j) provide office facilities Assist in coordinating the preparation of reports to the Company’s shareholders of record and clerical support for the FundsSEC including, but not necessarily limited to, annual reports and semi-annual reports to shareholders and on Form N-SAR and notices pursuant to Rule 24f-2 under the 1940 Act;
(k) develop and implement procedures for monitoring compliance with regulatory requirements and compliance Coordinate with the Funds’ investment objectivesCompany regarding the jurisdictions in which the Shares shall be registered or qualified for sale and, policies in connection therewith, be responsible for the registration or qualification and restrictionsthe maintenance of such registration or qualification of Shares for sale under the securities laws of any state. If the Administrator pays share registration fees and any fees for qualifying or continuing the qualification of the Company or any Fund as a dealer or broker, the Company or that Fund, respectively, shall reimburse the Administrator;
(l) serve as liaison between Assist in the Funds preparation and their independent auditorsfiling on a timely basis of various reports, registration statements and post-effective amendments thereto, and other documents required by federal, state and other applicable laws and regulations, other than those filed or required to be filed by the Funds’ adviser, sub-advisers, transfer agent, sub-transfer agent or custodian;
(m) prepare Administer the implementation and file tax returnsrequired distribution of the Company’s privacy policy as required under Regulation S-P;
(n) review payments of Fund expensesImplement and maintain a disaster recovery program for the Company’s records, and a business continuity plan;
(o) prepare expense budgeting and accrualsAssist the Company’s Chief Compliance Officer with issues regarding the Company’s compliance program (as approved by the Board in accordance with Rule 38a-1 under the 0000 Xxx) as reasonably requested;
(p) provide communicationPerform certain compliance procedures for the Company which will include, coordinationamong other matters, and supervision services monitoring compliance with regard to personal trading guidelines by the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication servicesCompany’s Board;
(q) provide Assist the Company with its obligations under Section 302 and 906 of the Xxxxxxxx-Xxxxx Act of 2002 and Rule 30a-2 under the 1940 Act, including the establishment and maintenance of internal controls and procedures that are reasonably designed to ensure that information to prepared or maintained in connection with administration services provided hereunder is properly recorded, processed, summarized, or reported by the Funds’ distributor concerning fund performance Administrator or its affiliates on behalf of the Company so that it may be included in financial information certified by Company officers on Form N-CSR and administrationForm N-Q;
(r) provide Accumulate information for reports to the Funds’ board Company’s shareholders of directors regarding its activitiesrecord and the SEC including, but not necessarily limited to, annual reports and semi-annual reports to shareholders and on Form N-SAR and notices pursuant to Rule 24f-2 under the 1940 Act;
(s) assist in Prepare and file on a timely basis the preparation and assembly of meeting materialsCompany’s tax returns, including comparable fee informationforeign, federal, state, local and excise tax returns, as requiredapplicable, and any other tax filings, and issue all tax-related information to shareholders, including IRS Form-1099 and other applicable tax forms;
(t) Prepare and file any claims in connection with class actions involving portfolio securities, handle administrative matters in connection with the litigation or settlement of such claims, and prepare a report to the Board regarding such matters;
(u) Obtain and maintain fidelity bond and directors and officers/errors and omissions insurance policies for the Funds’ board Company in accordance with Rules 17g-1 and 17d-1 under the 1940 Act at the expense of directorsthe Company and Funds and ensure that such fidelity bonds and any related notices are filed with the SEC as required under the 1940 Act, to the extent such bonds and policies are approved by the Board;
(v) Prepare and furnish to the Company monthly broker security transaction summaries and monthly security transaction listings and (at the Company’s request) performance information (including yield and total return information) calculated in accordance with applicable U.S. securities laws;
(w) Assist the Company and its agents in their accumulation and preparation of materials for the Board meetings and for regulatory examinations and inspections of the Company, to the extent such materials relate to the services being performed for the Company by CMA;
(x) Coordinate the provisions of services to the Company by other service providers to the Company, including the transfer agent, sub-transfer agent and custodian; and
(ty) provide any other administrative services reasonably necessary for the operation Generally assist in all aspects of the Funds other than those services that are to be provided by the TrustCompany’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulationsoperations. In performing all services under this Agreement, Funds Management CMA shall: (ai) act in conformity with the TrustCompany’s Declaration of Trust (and By-Laws, if any)organizational documents, the 1940 ActAct and the rules thereunder, and any other applicable laws and regulations, as the same may be amended from time to time, and with the TrustCompany’s registration statement under the Securities Act of 1933 and the 1940 ActRegistration Statement, as such Registration Statement may be amended from time to time; (bii) consult and coordinate with legal counsel to the Trust Company, as necessary and appropriate; and (ciii) advise and report to the Trust and its legal counselCompany, as necessary and or appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this ParagraphParagraph 3, Funds Management it is understood and agreed that CMA may, at its own expense, enter into sub-administration agreements with other service providersproviders and the Fund(s), provided that each such service provider agrees with Funds Management CMA and the Fund(s) to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any other and applicable laws as may be amended from time to time, rules and all relevant rules regulations thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating to the Trust. Funds Management will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5.
Appears in 1 contract
Duties as Administrator. Funds Management shallSubject to the supervision and direction of the Board of Directors of the Fund, at its expenseBoston Advisors, provide as Administrator, will manage, administer and conduct all of the general business activities of the Fund other than those which are to be managed or conducted by the Principal Adviser, the U.S. Co-Advisor, the Transfer Agent, the Irish Custodian and Mxxxxx pursuant to the respective agreements between such persons and the Fund, and by the Plan Agent as defined in and pursuant to the Dividend Reinvestment Plan. More specifically, and without limiting the generality of the foregoing, Boston Advisors undertakes to perform the following administrative services in connection with the operations of the Trust and the Fundsspecific services:
(a) receive and tabulate shareholder votesMaintaining office facilities (which may be in the offices of Boston Advisors or a corporate affiliate);
(b) furnish Furnishing statistical and research data, data processing services, clerical services, and internal legal, executive and administrative services and stationery and office supplies in connection with the foregoing;
(c) coordinate (or assist in) the Furnishing corporate secretarial services including preparation and filing with the U.S. Securities and Exchange Commission (“SEC”) distribution of registration statements, notices, shareholder reports, and other material required to be filed under applicable lawsmaterials for Board of Directors meetings;
(d) prepare Accounting and file with bookkeeping services (including the states registration statementsmaintenance of such accounts, noticesbooks and records of the Fund as may be required by Section 31(a) of the 1940 Act and the rules thereunder (including the preparation of financial statements for the annual, reportssemi-annual, and quarterly reports and other material required to be filed under applicable lawsshareholder communications));
(e) prepare Internal auditing and file Form 24F-2s and N-SARsliaison with the Fund’s independent auditors;
(f) review bills submitted to Valuing the Funds and, upon determining that a xxxx Fund’s assets and calculating the net asset value of the shares of the Fund at the close of trading on the New York Stock Exchange on the last day on which the NYSE is appropriate, allocating amounts to open for trading of each week and month and at such other times as the appropriate Funds and Classes thereof and instructing the Funds’ custodian to pay such billsBoard of Directors may reasonably request;
(g) coordinate (or assist in) Accumulating information for and, subject to approval by the preparation Fund, preparing reports to the Fund’s shareholders of reports record and other information materials regarding the Funds including proxies SEC including, but not necessarily limited to, Annual Reports and other shareholder communicationsSemi-Annual Reports on Form N-SAR, proxy statements and review prospectusesannual post-effective amendments of the Fund’s Registration Statement on Form N-2;
(h) prepare expense table information for annual updatesPreparing and filing various reports or other documents required by federal, state and other applicable laws and regulations and by stock exchanges on which the shares of the Fund are listed, other than those filed or required to be filed by the Principal Adviser or Transfer Agent;
(i) provide legal Preparing and regulatory advice to filing the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counselFund’s tax returns;
(j) provide office facilities Assisting the Principal Adviser and clerical support the U.S. Co-Advisor, at such person’s request, in monitoring and developing compliance procedures for the FundsFund which will include, among other matters, procedures to assist the Principal Adviser and the U.S. Co-Advisor in monitoring compliance with the Fund’s investment objective, policies, restrictions, tax matters and applicable laws and regulations;
(k) develop Preparing and implement procedures for monitoring compliance furnishing the Fund (at the Fund’s request) with regulatory requirements performance information (including yield and compliance total return information) calculated in accordance with the Funds’ investment objectives, policies applicable U.S. securities laws and restrictionsreporting to external databases such information as may reasonably be requested;
(l1) serve as liaison Monitoring and administration of arrangements between the Funds Fund and their independent auditors;the Irish Custodian and Mxxxxx; and
(m) prepare Maintenance of (but not the payment for) the Fidelity Bond required to be maintained under the 1940 Act and file tax returns;
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ distributor concerning fund performance and administration;
(r) provide reports to the Funds’ board of directors regarding its activities;
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ board of directors; and
(t) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing filings required in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulationsconnection therewith. In performing all services under this Agreement, Funds Management shall: (a) Boston Advisors shall act in conformity with the TrustFund’s Declaration of Trust (Articles and By-Laws, if any), ; the 1940 ActAct and the Investment Advisers Act of 1940, and any other applicable laws as the same may be amended from time to time, and with the Trustdirections provided from time to time by the Fund’s registration statement under the Securities Act Board of 1933 Directors; and the 1940 Actinvestment objective, investment policies and other practices and policies set forth in the Fund’s Registration Statement as such Registration Statement and practices and policies may be amended from time to time; (b) consult and coordinate with legal counsel to the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating to the Trust. Funds Management will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5.
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Duties as Administrator. Funds Management shall, at its expense, provide UBS Global AM will assist in administering the Fund’s affairs subject to the supervision of the Fund’s board of directors and the following administrative services in connection with the operations of the Trust and the Fundsunderstandings:
(a) receive UBS Global AM will supervise all aspects of the Fund’s operation except as hereinafter set forth; provided, however, that nothing herein contained shall be deemed to relieve or deprive the board of directors of the Fund of its responsibility for and tabulate shareholder votescontrol of the conduct of the Fund’s affairs;
(b) furnish statistical In all matters relating to the performance of this Contract, UBS Global AM will act in conformity with the Articles of Incorporation, By-Laws and research datathe Prospectus and Statement of Additional Information of the Fund and with the instructions and directions of the Fund’s board of directors and will conform to and comply with the requirements of the 1940 Act and all other applicable Federal or state laws or regulations;
(c) coordinate (UBS Global AM will provide the Fund with such administrative and clerical services as are deemed necessary or assist in) advisable by the preparation Fund’s board of directors, including the maintenance of certain of the Fund’s corporate books and filing with the U.S. Securities and Exchange Commission (“SEC”) of registration statements, notices, shareholder reports, and other material required to be filed under applicable lawsrecords;
(d) prepare UBS Global AM will arrange, but not pay for, the periodic updating of prospectuses, statements of additional information and file with supplements thereto, proxy materials, tax returns and reports to the states registration statements, notices, reports, Fund’s shareholders and other material required to be filed under applicable lawsthe SEC;
(e) prepare UBS Global AM will provide the Fund with, or obtain for it, adequate office space and file Form 24F-2s all necessary office equipment and N-SARsservices, including telephone service, heat, utilities, stationery supplies and similar items;
(f) review bills submitted UBS Global AM will provide the board of directors of the Fund on a regular basis with economic and investment analyses and reports and make available to the Funds andboard upon request any economic, upon determining that a xxxx is appropriate, allocating amounts statistical and investment services normally available to the appropriate Funds and Classes thereof and instructing the Funds’ custodian to pay such billsinstitutional or other customers of UBS Global AM;
(g) coordinate (UBS Global AM will hold itself available to receive orders for the purchase of shares and will accept or assist in) reject such orders on behalf of the preparation of reports and other information materials regarding Fund in accordance with the Funds including proxies and other shareholder communicationsProspectus, and review prospectuses;will transmit such orders as are so accepted to the Fund’s transfer agent as promptly as practicable; provided, however, that UBS Global AM is not obligated to sell any certain number of the shares; and
(h) prepare expense table information UBS Global AM will make itself available to receive requests for annual updates;
(i) provide legal redemption from holders of shares and regulatory advice will transmit such redemption requests to the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf transfer agent of the Trust and supervising the work of such counsel;
(j) provide office facilities and clerical support for the Funds;
(k) develop and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds’ investment objectives, policies and restrictions;
(l) serve Fund as liaison between the Funds and their independent auditors;
(m) prepare and file tax returns;
(n) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to the Funds’ distributor concerning fund performance and administration;
(r) provide reports to the Funds’ board of directors regarding its activities;
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, promptly as required, for the Funds’ board of directors; and
(t) provide any other administrative services reasonably necessary for the operation of the Funds other than those services that are to be provided by the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulations. In performing all services under this Agreement, Funds Management shall: (a) act in conformity with the Trust’s Declaration of Trust (and By-Laws, if any), the 1940 Act, and any other applicable laws as may be amended from time to time, and with the Trust’s registration statement under the Securities Act of 1933 and the 1940 Act, as may be amended from time to time; (b) consult and coordinate with legal counsel to the Trust as necessary and appropriate; and (c) advise and report to the Trust and its legal counsel, as necessary and appropriate, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraph, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management to comply with this Agreement and all relevant provisions of the 1940 Act, the Investment Advisers Act of 1940, any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each sub-administration agreement it executes relating to the Trust. Funds Management will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5practicable.
Appears in 1 contract
Samples: Investment Advisory and Administration Contract (Ubs Cashfund Inc)
Duties as Administrator. Funds Management shallSubject to the supervision and direction of the Board of Directors or Trustees of a Fund, at its expense, provide the Administrator will perform the following administrative services in connection with the operations of the Trust and the Fundsservices:
(a1) receive and tabulate shareholder votesAccumulate information for and, subject to approval by the Fund's Treasurer, prepare reports to the Fund's shareholders of record as set forth in Rule 30d-1 of the 1940 Act or as agreed upon in writing from time to time between the parties hereto;
(b2) furnish statistical Prepare and research datafile the Securities and Exchange Commission's Form N-SAR and Rule 24f-2 Notice;
(c3) coordinate (or assist in) the preparation and filing Consult with the U.S. Securities and Exchange Commission (“SEC”) of registration statementsFund's Treasurer on financial matters relating to the Fund including without limitation dividend distributions, noticesexpense proformas, shareholder reports, expense accruals and other material required matters, including payment of expenses, as shall from time to time be filed under applicable lawsagreed upon by the parties;
(d4) prepare and file with Assist the states registration statements, notices, reports, and other material required to be filed under applicable laws;
(e) prepare and file Form 24F-2s and N-SARs;
(f) review bills submitted to the Funds and, upon determining that a xxxx is appropriate, allocating amounts to the appropriate Funds and Classes thereof and instructing the Funds’ custodian to pay such bills;
(g) coordinate (or assist in) the preparation of reports and other information materials regarding the Funds including proxies and other shareholder communications, and review prospectuses;
(h) prepare expense table information for annual updates;
(i) provide legal and regulatory advice to the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counsel;
(j) provide office facilities and clerical support investment adviser for the Funds;
Fund (k) develop the "Adviser"), at the Adviser's request, in monitoring and implement developing compliance procedures for the Fund which will include, among other matters, procedures to assist the Adviser in monitoring compliance with regulatory requirements and compliance with the Funds’ Fund's investment objectives, policies and restrictions, tax matters and applicable laws and regulations and performing certain monthly compliance tests, to the extent relevant information is available to the Administrator in the performance of its functions as the Fund's net asset value calculation agent;
(l5) serve as liaison between Assist the Funds Fund's Treasurer in the preparation of quarterly reporting to the Fund's Board of Directors or Trustees including brokerage allocation reporting and their independent auditorsreporting required under Rules 17a-7 and 17e-1 of the 1940 Act;
(m6) prepare Assist the Fund's Treasurer, officers and file tax returnsAdviser in such other matters as the Fund and the Administrator shall from time to time agree;
(n7) review payments of Fund expenses;
(o) prepare expense budgeting and accruals;
(p) provide communication, coordination, and supervision services with regard Report monthly to the Funds’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services;
(q) provide information to Fund's Treasurer on compliance of the Funds’ distributor concerning fund performance and administration;
(r) provide reports to Fund's fidelity bond coverage with Rule 17g-1 of the Funds’ board of directors regarding its activities;
(s) assist in the preparation and assembly of meeting materials, including comparable fee information, as required, for the Funds’ board of directors1940 Act; and
(t) provide any other administrative services reasonably necessary for the operation 8) Report monthly to Treasurer on comparison of the Funds other than those services that are to be provided by the Trust’s transfer and dividend disbursing agent, custodian, and fund accountant, provided that nothing in this Agreement shall be deemed to require Funds Management to provide any services that may not be provided by it under applicable banking laws and regulationsFund's actual shares outstanding with its authorized shares. In performing all services under this Agreementits duties and obligations hereunder, Funds Management shall: (a) the Administrator will act in conformity accordance with each Fund's Articles of lncorporation or Declaration of Trust, By-Laws and Prospectus and with the Trust’s Declaration Proper Instructions of Trust (and By-Lawsits Board of Directors or Trustees, if any), the 1940 Act, Treasurer and any other applicable laws authorized person as may be amended from time to time, and with the Trust’s registration statement under the Securities Act of 1933 and the 1940 Act, as may be amended from time to time; (b) consult and coordinate with legal counsel delivered to the Trust as necessary Administrator by the Fund. It is agreed and appropriate; and (c) advise and report to understood, however, that the Trust and its legal counselAdministrator shall not be responsible for compliance of a Fund's investments with any applicable documents, as necessary and appropriatelaws or regulations, with respect to any compliance or other matters that come to its attention. In connection with its duties under this Paragraphfor losses, Funds Management may, at its own expense, enter into sub-administration agreements with other service providers, provided that each such service provider agrees with Funds Management costs or expenses arising out of a Fund's failure to comply with this Agreement and all relevant provisions of the 1940 Actsaid documents, the Investment Advisers Act of 1940, laws or regulations or a Fund's failure or inability to correct any other applicable laws as may be amended from time to time, and all relevant rules thereunder. Funds Management will provide the Trust with a copy of each subnon-administration agreement it executes relating to the Trust. Funds Management will be liable for acts or omissions of any such sub-administrators under the standards of care described herein under Paragraph 5compliance therewith.
Appears in 1 contract
