Common use of Portfolio Management Clause in Contracts

Portfolio Management. Subject to supervision by the Adviser and the Fund's Board of Directors, the Subadviser shall manage the investment operations and the composition of that portion of assets of a particular Series as the Adviser and the Fund shall agree upon from time to time, as set forth in Schedule A hereto (as such Schedule may be amended from time to time), which is allocated to it from time to time by the Adviser (which portion can include any or all of that Series' assets), including the purchase, retention and disposition thereof, in accordance with that Series' investment objectives, policies and restrictions, and subject to the following understandings:

Portfolio Management. Subject to supervision by the Adviser and the Fund's Board of DirectorsTrustees, the Subadviser shall manage the investment operations and the composition of that portion of assets of a particular Series as the Adviser and the Fund shall agree upon from time to time, as set forth in Schedule A hereto (as such Schedule may be amended from time to time), which is allocated to it from time to time by the Adviser (which portion can include any or all of that Series' assets), including the purchase, retention and disposition thereof, in accordance with that Series' investment objectives, policies and restrictions, and subject to the following understandings:

Portfolio Management. Subject to supervision by the Adviser and the Fund's Board of Directors, the Subadviser shall manage the investment operations and the composition of that portion of assets of a particular Series as the Adviser and the Fund shall agree upon determine from time to time, as set forth in Schedule A hereto (as such Schedule may be amended from time to time), which is allocated to it from time to time by the Adviser (which portion can include any or all of that Series' assets), including the purchase, retention and disposition thereof, in accordance with that Series' investment objectives, policies and restrictions, and subject to the following understandings:

Portfolio Management. Subject to supervision by the Adviser and the Fundeach Trust's Board of DirectorsTrustees (the "Board"), the Subadviser shall manage the investment operations and the composition of that portion of assets of a particular Series as the Adviser and the Fund each Trust shall agree upon from time to time, as set forth in Schedule A hereto (as such Schedule may be amended from time to time), which is allocated to it from fiom time to time by the Adviser (which portion can include any or all of that Series' assets), including the purchase, retention and disposition thereof, in accordance with that Series' investment objectives, policies and restrictions, and subject to the following understandings: