Common use of Fund Design Clause in Contracts

Fund Design. VIA shall develop new Funds for VF responsive to the evolving needs of existing and potential Shareholders and shall periodically evaluate the objectives and performance of each existing Fund, and shall provide a recommendation to the Board of Directors of VF as to whether such Fund should continue to be offered or whether its objectives, policies, or strategies should be modified.

Fund Design. From time to time, VIA shall may develop new Funds for VF responsive to the evolving needs of existing and potential Shareholders and shall periodically evaluate the objectives and performance of each existing Fund, and shall provide a recommendation to the Board of Directors of VF as to whether such Fund should continue to be offered or whether its objectives, policies, or strategies should be modified.

Fund Design. VIA shall develop new Funds for VF responsive to the evolving needs of existing and potential Shareholders and shall periodically evaluate the objectives and performance of each existing Fund, and shall provide a recommendation to the Board of Directors of VF as to whether such Fund should continue to be offered or whether its objectives, policies, or strategies should be modifiedoffered.