Common use of Investment Analysis and Implementation Clause in Contracts

Investment Analysis and Implementation. In carrying out its duties under paragraph 1 hereof, the Advisor shall: (a) obtain and evaluate pertinent information about significant developments and economic, statistical and financial data, domestic, foreign, or otherwise, whether affecting the economy generally or the Fund, and whether concerning the individual issuers whose securities are included in the assets of the Fund or the activities in which such issuers engage, or with respect to securities which the Advisor considers desirable for inclusion in the Fund; (b) determine which issuers and securities shall be represented in the Fund's investment portfolio and regularly report thereon to the Company's Board of Directors; (c) formulate and implement continuing programs for the purchases and sales of the securities of such issuers, and regularly report thereon to the Company's Board of Directors; and (d) order or direct the execution of securities transactions on behalf of the Fund, select broker-dealers and negotiate brokerage commission rates. and take, on behalf of the Company and the Fund, all actions which appear to the Company and the Fund necessary to carry into effect such purchase and sale programs as aforesaid.

Investment Analysis and Implementation. In carrying out its duties under paragraph 1 hereof, the Advisor shall: (a) obtain and evaluate pertinent information about significant developments and economic, statistical and financial data, domestic, foreign, or otherwise, whether affecting the economy generally or the FundFunds, and whether concerning the individual issuers whose securities are included in the assets of the Fund Funds or the activities in which such issuers engage, or with respect to securities which the Advisor considers desirable for inclusion in the FundFunds; (b) determine which issuers and securities shall be represented in the each Fund's investment portfolio and regularly report thereon to the Company's Board of Directors; (c) formulate and implement continuing programs for the purchases and sales of the securities of such issuers, and regularly report thereon to the Company's Board of Directors; and (d) order or direct the execution of securities transactions on behalf of the each Fund, select broker-dealers and negotiate brokerage commission rates. and take, on behalf of the Company and the FundFunds, all actions which appear to the Company and the Fund Funds necessary to carry into effect such purchase and sale programs as aforesaid.