Fund of Funds. Trust Fund Fidelity Aberdeen Street Trust Fidelity Advisor Freedom 2005 Fund Fidelity Aberdeen Street Trust Fidelity Advisor Freedom 2010 Fund Fidelity Aberdeen Street Trust Fidelity Advisor Freedom 2015 Fund Fidelity Aberdeen Street Trust Fidelity Advisor Freedom 2020 Fund Fidelity Aberdeen Street Trust Fidelity Advisor Freedom 2025 Fund Fidelity Aberdeen Street Trust Fidelity Advisor Freedom 2030 Fund Fidelity Aberdeen Street Trust Fidelity Advisor Freedom 2035 Fund Fidelity Aberdeen Street Trust Fidelity Advisor Freedom 2040 Fund Fidelity Aberdeen Street Trust Fidelity Advisor Freedom 2045 Fund Fidelity Aberdeen Street Trust Fidelity Advisor Freedom 2050 Fund Fidelity Aberdeen Street Trust Fidelity Advisor Freedom Income Fund Fidelity Aberdeen Street Trust Fidelity Freedom 2000 Fund Fidelity Aberdeen Street Trust Fidelity Freedom 2005 Fund Fidelity Aberdeen Street Trust Fidelity Freedom 2010 Fund Fidelity Aberdeen Street Trust Fidelity Freedom 2015 Fund Fidelity Aberdeen Street Trust Fidelity Freedom 2020 Fund Fidelity Aberdeen Street Trust Fidelity Freedom 2025 Fund Fidelity Aberdeen Street Trust Fidelity Freedom 2030 Fund Fidelity Aberdeen Street Trust Fidelity Freedom 2035 Fund Fidelity Aberdeen Street Trust Fidelity Freedom 2040 Fund Fidelity Aberdeen Street Trust Fidelity Freedom 2045 Fund Fidelity Aberdeen Street Trust Fidelity Freedom 2050 Fund Fidelity Aberdeen Street Trust Fidelity Freedom Income Fund Fidelity Oxford Street Trust Fidelity Four-in-One Index Fund Variable Insurance Products Fund IV Freedom 2005 Portfolio Variable Insurance Products Fund IV Freedom 2010 Portfolio Variable Insurance Products Fund IV Freedom 2015 Portfolio Variable Insurance Products Fund IV Freedom 2020 Portfolio Variable Insurance Products Fund IV Freedom 2025 Portfolio Variable Insurance Products Fund IV Freedom 2030 Portfolio Variable Insurance Products Fund IV Freedom Income Portfolio Variable Insurance Products Fund IV Freedom Lifetime Income I Portfolio Variable Insurance Products Fund IV Freedom Lifetime Income II Portfolio Variable Insurance Products Fund IV Freedom Lifetime Income III Portfolio Variable Insurance Products Fund IV FundsManager 20% Portfolio Variable Insurance Products Fund IV FundsManager 50% Portfolio Variable Insurance Products Fund IV FundsManager 70% Portfolio Variable Insurance Products Fund IV FundsManager 85% Portfolio Variable Insurance Products Fund IV Investor Freedom 2005 Portfolio Variable Insurance Products Fund IV Investor Fre...
Fund of Funds. XXX agrees to reimburse the Xxxxxx fund-of-funds specified below for all other expenses – exclusive of payments under the fund’s distribution plans, brokerage, interest, taxes, investment-related expenses, extraordinary expenses, acquired fund fees and expenses and payments under the fund’s investor servicing contract – through the dates indicated below, which, with the exception of Xxxxxx RetirementReady® 2060 Fund, equate to the expiration of the one-year period following the effective date of the next annual update of each fund’s registration statement. Fund Expiration Xxxxxx Retirement Income Fund Lifestyle 1 Nov. 30, 2020 Xxxxxx RetirementReady® Funds* Nov. 30, 2020 * The expense limitation for Xxxxxx RetirementReady® 2060 Fund expires on Nov. 30, 2029. Effective June 28, 2019, this contractual undertaking supersedes any prior contractual expense limitation provisions between PIM and the funds. This undertaking shall be binding upon any successors and assignees of PIM. A copy of the Declaration of Trust (including any amendments thereto) of each of The Xxxxxx Funds is on file with the Secretary of The Commonwealth of Massachusetts, and notice is hereby given that this instrument is executed on behalf of the Trustees of each Xxxxxx Fund as trustees and not individually and that the obligations of or arising out of this instrument are not binding upon any of the Trustees or officers or shareholders individually, but binding only upon the assets and property of each Xxxxxx Fund with respect to its obligations under this instrument. Furthermore, notice is given that the assets and liabilities of each series of each Xxxxxx Fund that is a series company are separate and distinct and that the obligations of or arising out of this instrument are several and not joint or joint and several and are binding only on the assets of each series with respect to its obligations under this instrument. Each fund is acting on its own behalf separately from all of the other investment companies and not jointly or jointly and severally with any of the other investment companies. Very truly yours, XXXXXX INVESTMENT MANAGEMENT, LLC By: /s/ Xxxxxx X Xxxxx__________________ Xxxxxx X. Xxxxx Vice President and Chief Legal Officer Agreed and accepted by each Xxxxxx fund listed on Schedule A, Schedule B and Schedule C By: /s/ Xxxxxxxx X. Xxxxxxx__________ Xxxxxxxx X. Xxxxxxx Executive Vice President, Principal Executive Officer, and Compliance Liaison Schedule A Xxxxxx California T...
Fund of Funds. The Parties agree to limit, and not facilitate, a Contract holder’s participation in each Portfolio’s investment process in contravention of the following, which the Parties represent and warrant to each other to be true: (1) there is not, and there will not be, any arrangement, plan, contract or agreement between the Adviser (or a subadviser) and a Contract holder regarding the availability of a Portfolio as an Account under the Contract, or the specific assets to be held by a Portfolio or an investment company that a Portfolio may invest its assets; (2) other than a Contract holder’s ability to allocate Contract premiums and transfer amounts in the Company’s Account to and from the Company’s Account corresponding to a Portfolio, all investment decisions concerning a Portfolio will be made by the Adviser, any subadviser(s) and the Directors in their sole and absolute discretion; (3) the percentage of a Portfolio’s assets invested in a particular investment company will not be fixed in advance of any Contract holder’s investment and will be subject to change by the Adviser or a subadviser at any time without notice; (4) a Contract holder cannot, and will not be able to, direct a Portfolio’s investment in any particular asset or recommend a particular investment or investment strategy; (5) there is not, and will not be, any agreement or plan between the Adviser or a subadviser and a Contract holder regarding a particular investment of a Portfolio; (6) a Contract holder cannot, and will not be able to, communicate directly or indirectly with the Adviser or a subadviser concerning the selection, quality or rate of return on any specific investment or group of investments held by a Portfolio; (7) a Contract holder does not have, and will not have, any current knowledge of a Portfolio’s specific assets other than as may be required to be presented in periodic reports to a Portfolio’s shareholders; (8) a Contract holder does not have, and will not have, any legal, equitable, direct or indirect ownership interest in any of the assets of a Portfolio; and (9) a Contract holder only has, and only will have, a contractual claim against the insurance company offering the Contract to receive cash from the insurance company under the terms of the Contract holder’s Contract.
Fund of Funds. Each Lifestyle and Retirement Living Portfolio listed in Appendix A (the “Fund of Funds”) operates as a “fund of funds” and invests primarily in other series of the Trust or other investment companies managed by the Adviser and its affiliates (“Affiliated Funds”), and investment companies managed by advisers that are not affiliated with the Adviser (“Unaffiliated Funds”) (collectively, “Underlying Funds”). QS Investors will provide the Adviser the following information and services relating to the Fund of Funds as may be requested by the Adviser from time to time: · calculate the probability that the advisers to the Unaffiliated Funds are likely outperform their performance benchmarks; · on a quarterly basis, perform statistical performance analysis of historical returns for managers of Underlying Funds that the Adviser is considering for possible investment by the Fund of Funds; · on a quarterly basis, using a combination of sources, including QS Investors’s proprietary optimization technology, optimize Fund of Funds investments consistent with one or more performance objectives specified by the Adviser (including, but not limited to, the probability of out-performing a benchmark, minimum shortfall relative to the benchmark, and specification of the benchmark for each Fund of Funds, and any constraints that the Adviser may specify on allocations to Unaffiliated Funds); · consult with the Adviser to explain proposed allocations on a quarterly basis and review past performance of the Fund of Funds, provided that QS Investors is given information on the performance of these Fund of Funds and the actual allocations implemented.
Fund of Funds. (1) shall not be obligated or permitted to make a capital contribution or to acquire Shares pursuant to Section I except to the extent that the Fund of Funds' assets are not invested in shares of the Funds; (2) shall not be allocated or obligated to pay any portion of the expenses of Service Company pursuant to Section 3.2 except as determined by the Board of Directors of Service Company pursuant to Section 3.2(A)(4); and (3) may have the expenses the Fund of Funds would otherwise bear pursuant to Section 2.1 reduced or eliminated by the savings which accrue to the benefit of the Funds.
Fund of Funds. Is the Subscriber a fund of funds?> Yes X No
Fund of Funds. Yes No 5.11 Is the Subscriber a fund of funds, which means a pooled investment vehicle that invests 10% or more of its total assets in other pooled investment vehicles, whether or not they are private funds or registered investment companies? * * * * * SUBSCRIBER E-SIGNATURE PAGE These e-signature pages constitute the signature pages for the Subscription Agreement attached hereto and partnership agreement of Screencrib Platform LP, a Delaware multi-series limited partnership. Execution of these e-signature pages constitutes execution of, and the undersigned hereby authorizes these e-signature pages to be attached as a counterpart to, the Subscription Agreement and partnership agreement of Screencrib Platform LP, a Delaware multi-series limited partnership. Subscribers will have no right to share in any future proceeds from a Project (as defined in the Subscription Agreement below) following the expiration of the Series’ term. Following the expiration of the Series’ term, the Subscriber will not have any right to receive any distributions from the Series or otherwise share in any future proceeds from a Project earned after the expiration of the Series’ term. It may be the case that a Project continues to generate revenue following the expiration of the Series’ term. Any such revenue would be solely for the benefit of the General Partner (or its designee). Following the expiration of the Series’ term (and at all times subject to applicable law): (i) the General Partner will be entitled to receive 100% of any distributions made by the Series (regardless of whether the Subscriber has received a return of their capital contributions as of the expiration of the Series’ term); (ii) the General Partner may compulsorily redeem the Subscriber; (iii) the General Partner may cause the Series to be terminated and liquidated; and/or (iv) the General Partner may reduce the Subscriber’s capital account balance to zero. Accordingly, the Subscriber will have no guarantee of receiving any returns, as the expiration of the Series’ term (and the subsequent actions of the General Partner following such expiration) may occur prior to a Project generating revenue and resulting in distributions or payments to be made to the Series. Any delays causing a ProjectCo to take longer to realize revenues are likely to reduce revenues and negatively impact the performance of the Series prior to the expiration of the Series’ term, upon which the Subscriber will have no right to participate ...
Fund of Funds. If the Purchaser is a fund of funds, or is owned by a fund of funds, no class of the Purchaser’s Securities, or Securities of such fund of funds (or a subsidiary thereof) that owns the Purchaser (if the Purchaser is not a fund of funds) is listed on any public exchange, and neither the Purchaser nor a fund of funds (or a subsidiary thereof) that owns the Purchaser (if the Purchaser is not a fund of funds) will seek to list any class of the Purchaser’s (or its) Securities on any public exchange without the prior written consent of the General Partner. In addition, if the Purchaser is not a fund of funds, the Purchaser hereby agrees to ensure that no beneficial owner of the Purchaser that is a fund of funds will list any class of such fund of funds’ Securities on any public exchange.
Fund of Funds. Certain funds may be structured as “fund of funds” or “master-feeder” funds. These funds may have higher fees and expenses than a fund that invests directly in debt and equity securities because they also incur the fees and expenses of the underlying funds in which they invest. Some of these funds are affiliated funds, and the underlying funds in which they invest may be affiliated as well. The fund prospectuses and fund fact sheets disclose the aggregate annual operating expenses of each fund and its corresponding underlying fund or funds. Revenue from the Funds The Company may receive compensation from each of the funds or the funds’ affiliates. For certain funds, some of the compensation may be paid out of 12b-1 fees or service fees that are deducted from fund assets. Any such fees deducted from fund assets are disclosed in the fund prospectuses. The Company may also receive additional compensation from certain funds for administrative, recordkeeping or other services provided by the Company to the funds or the funds’ affiliates. These additional payments may also be used by the Company to finance distribution. These additional payments are made by the funds or the funds’ affiliates to the Company and do not increase, directly or indirectly, the fund fees and expenses. The amount of revenue the Company may receive from each of the funds or from the funds’ affiliates may be substantial, although the amount and types of revenue vary with respect to each of the funds offered through the contract. This revenue is one of several factors we consider when determining contract fees and charges and whether to offer a fund through our contracts. Fund revenue is important to the Company’s profitability, and it is generally more profitable for us to offer affiliated funds than to offer unaffiliated funds. Assets allocated to affiliated funds, meaning funds managed by Directed Services LLC, ING Investments, LLC or another Company affiliate, generate the largest dollar amount of revenue for the Company. Affiliated funds may also be subadvised by a Company affiliate or by an unaffiliated third party. Assets allocated to unaffiliated funds, meaning funds managed by an unaffiliated third party, generate lesser, but still substantial dollar amounts of revenue for the Company. The Company expects to earn a profit from this revenue to the extent it exceeds the Company’s expenses, including the payment of sales compensation to our distributors.
Fund of Funds. The Portfolio:
