PURCHASES BY AFFILIATES. Neither the Distributor nor any of its officers shall take a long or short position in the securities issued by each Fund. The prohibition, however shall not prevent the purchase from the Fund of shares issued by the Fund by the officers and Directors of the Distributor (or deferred benefit plans established for their benefit) at the current price available to the public, or at such price with reductions in sales charge as may be permitted by the Fund's current prospectus, in accordance with Section 22 of the 1940 Act.
Appears in 7 contracts
Samples: Administrative Services Agreement (Idex Series Fund), Administrative Services Agreement (Idex Series Fund), Services Agreement (Idex Series Fund)
