Responsibility for Diversification. Unless the Subadviser has sole investment authority over all assets of the Fund, the Subadviser shall have no responsibility for the manner in which the Fund assets, considered in the aggregate, shall be diversified; provided, however, the Subadviser shall diversify the assets of the Portfolio to the extent necessary to minimize the risk of large losses.
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Samples: Subadvisory Agreement (Metropolitan Series Fund Inc), Subadvisory Agreement (Metropolitan Series Fund Inc), Metropolitan Series (Metropolitan Series Fund Inc)
Responsibility for Diversification. Unless the Subadviser has sole investment authority over all assets of the FundTrust, the Subadviser shall have no responsibility for the manner in which the Fund Trust assets, considered in the aggregate, shall be diversified; provided, however, the Subadviser shall diversify the assets of the Portfolio Series to the extent necessary to minimize the risk of large losses.
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