Services as Investment Advisor. Subject to the general supervision and direction of the Boards of Directors of the Company and St. Clair and the Boards of Trustees the Trust and Framlington (collectively, "Boards"), the Advisor will: (a) provide overall investment management to the Funds in accordance with each Fund's investment objective and policies as stated in each Fund's Prospectus and Statement of Additional Information filed with the Securities and Exchange Commission, as they may be amended from time to time; (b) cause investment decisions for the Funds to be made; (c) oversee the placement of purchase and sale orders on behalf of the Funds; (d) employ professional portfolio managers and securities analysts to provide research services to the Funds; (e) maintain books and records with respect to each Fund's securities transactions; and (f) provide periodic and special reports to the Boards, as requested. In providing those services, the Advisor will provide the Funds with ongoing research, analysis, advice and judgments regarding individual investments, general economic conditions and trends and long-range investment policy. In addition, the Advisor will furnish the Funds with whatever statistical information the Funds may reasonably request with respect to the securities that the Funds may hold or contemplate purchasing. The Advisor further agrees that, in performing its duties hereunder, it will:
(a) comply with the 1940 Act and all rules and regulations thereunder and under the Advisers Act, the Internal Revenue Code of 1986, as amended ("Code"), and all other applicable federal and state law and regulations, and with any applicable procedures adopted by the Boards;
(b) use reasonable efforts to manage each Fund so that it will qualify, and continue to qualify, as a regulated investment company under Subchapter M of the Code and regulations issued thereunder;
(c) maintain books and records with respect to each Fund's securities transactions, render to the Boards such periodic and special reports as the Boards may reasonably request, and keep the Boards informed of developments materially affecting each Fund's portfolio;
(d) make available to the Funds' administrator and, as appropriate, the Company, the Trust, Framlington or St. Clair, promptly upon their request, such copies of its investment records and ledgers with respect to the Funds as may be required to assist the administrator and the Company, the Trust, Framlington and St. Clair in their compliance with applicable law...
Services as Investment Advisor. Subject to the supervision, direction and approval of the Board, the Advisor will (a) manage the Fund's holdings in accordance with the Fund's investment objectives and policies as stated in the Charter and the Registration Statement; (b) make investment decisions for the Fund; (c) place purchase and sale orders for portfolio transactions for the Fund; and (d) provide research services to the Fund. In providing those services, the Advisor will conduct a continual program of investment, evaluation and, if appropriate, sale and reinvestment of the Fund's assets. In compliance with applicable law, the Advisor is hereby authorized to retain third parties and to delegate some or all of its duties and obligations under this paragraph 2 to such persons provided that such persons shall remain under the general supervision of the Advisor.
Services as Investment Advisor. Subject to the supervision and direction of the Board of Trustees of the Company, GW Advisors has general oversight responsibility for the investment advisory services provided to the Fund and will exercise this responsibility in accordance with the Company's Master Trust Agreement, the Investment Company Act of 1940 and the Investment Advisers Act of 1940, as the same may from time to time be amended, and with the Fund's investment objective(s) and policies as stated in the Company's Prospectus and Statement of Additional Information relating to the Fund as from time to time in effect. In connection therewith, GW Advisors will, among other things, (a) participate in the formulation of the Fund's investment policies, (b) analyze economic trends affecting the Fund, (c) monitor the expenses incurred by the Fund, (d) monitor the brokerage and research services (as those terms are defined in Section 28(e) of the Securities Act of 1934) that are provided to the Fund and may be considered by the Fund's investment sub-adviser in selecting brokers or dealers to execute particular transactions and (e) monitor and evaluate the services provided by the Fund's investment sub-adviser under its investment sub-advisory agreement, including, without limitation, the sub-advisor's adherence to the Fund's investment objective(s) and policies and the Fund's investment performance.
Services as Investment Advisor. Subject to the supervision and direction of the Board of Trustees of the Company, Sierra Advisors has general oversight responsibility for the investment advisory services provided to the Fund and will exercise this responsibility in accordance with the Company's Master Trust Agreement, the Investment Company Act of 1940 and the Investment Advisors Act of 1940, as the same may from time to time be amended, and with the Fund's investment objective(s) and policies as stated in the Fund's Prospectus and
Services as Investment Advisor. Subject to the supervision and direction of the Board of Directors of the Fund, the Adviser will (a) act in conformity with the Investment Company Act of 1940 and the Investment Advisers Act of 1940, as the same may from time to time be amended, (b) manage the Fund in accordance with the Fund's investment objective(s) and policies as stated in the Fund's Prospectus and Statement of Additional Information as from time to time in effect, (c) make investment decisions for the Fund, and (d) place purchase and sale orders on behalf of the Fund. In providing those services, the Adviser will provide investment research and supervision of the Fund's investments and conduct a continual program of investment, evaluation, and, if appropriate, sale and reinvestment of the Fund's assets. In addition, the Adviser will furnish the Fund with whatever statistical information the Fund may reasonably request with respect to the securities that the Fund may hold or contemplate purchasing.
Services as Investment Advisor. Subject to the general supervision and direction of The Munder Funds Board (the "Board") of the Trust, the Advisor will: (a) provide overall investment management to the Funds in accordance with each Fund's investment objective and policies as stated in each Fund's Prospectus and Statement of Additional Information filed with the Securities and Exchange Commission, as they may be amended from time to time; (b) cause investment decisions for the Funds to be made; (c) oversee the placement of purchase and sale orders on behalf of the Funds; (d) employ professional portfolio managers and securities analysts to provide research services to the Funds; (e) maintain books and records with respect to each Fund's securities transactions;
Services as Investment Advisor. Subject to the supervision and direction of the Board of Directors of the Company, the Advisor has general responsibility for the investment advisory services provided to the Fund and will exercise this responsibility in accordance with the Articles of Incorporation, the Investment Company Act of 1940 and the Investment Advisers Act of 1940, as the same may from time to time be amended, and with the Fund's investment objective and policies as stated in the Prospectus and Statement relating to the Fund as from time to time in effect. In connection therewith, the Advisor will, among other things, (a) manage the Fund's portfolio in accordance with the Fund's investment objective and policies as stated in the Prospectus and the Statement; (b) make investment decisions for the Fund; (c) place orders to purchase and sell securities on behalf of the Fund; (d) employ professional portfolio managers and securities analysts who provide research services to the Fund; (e) participate in the formulation of the Fund's investment policies; (f) analyze economic trends affecting the Fund; and (g) monitor the brokerage and research services (as those terms are defined in Section 28(e) of the Securities Act of 1934) that are provided to the Fund and may be considered in selecting brokers or dealers to execute particular transactions. In providing those services, the Advisor will conduct a continual program of investment, evaluation and, if appropriate, sale and reinvestment of the Fund's assets. In addition, the Advisor will furnish the Fund with whatever statistical information the Fund may reasonably request with respect to the instruments that the Fund may hold or contemplate purchasing.
Services as Investment Advisor. Subject to the supervision and direction of the Board of Trustees of the Company, Sierra Advisors has general oversight responsibility for the investment advisory services provided to the Fund and will exercise this responsibility in accordance with the Company's Master Trust Agreement, the Investment Company Act of 1940 and the Investment Advisers Act of 1940, as the same may from time to time be amended, and with the Fund's investment objective(s) and policies as stated in the Fund's Prospectus and Statement of Additional Information relating to the Fund as from time to time in effect. In connection therewith, Sierra Advisors will, among other things, (a) participate in the formulation of the Fund's investment policies, (b) analyze economic trends affecting the Fund, (c) monitor the expenses incurred by the
Services as Investment Advisor. Subject to the supervision and direction of the Board of Trustees of the Trust, Sierra Services has responsibility for the investment advisory services provided to the Portfolios and will exercise this responsibility in accordance with the Trust Agreement, the Investment Company Act of 1940, as amended (the "1940 Act"), and the Investment Advisers Act of 1940, as amended, and with the Portfolios' investment objectives and policies as stated in the Prospectus and Statement of Additional Information relating to the Portfolios as from time to time in effect. In connection therewith, Sierra Services will, among other things, (a) make investment decisions for the Portfolios in accordance with the Portfolios' investment policies, (b) place purchase and sale orders on behalf of the Portfolios to effectuate the investment decisions made, (c) maintain books and records with respect to the securities transactions of the Portfolios and will furnish the Trust's Board of Trustees such periodic, regular and special reports as the Board may request.
Services as Investment Advisor. Subject to the supervision and direction of the Board of Directors of the Fund, the Advisor will have responsibility for the investment advisory services provided to the Fund and will exercise this responsibility in accordance with the Articles of Amendment and Restatement, the Investment Company Act of 1940 and the Investment Advisers Act of 1940, as the same may from time to time be amended, and with the Fund's investment objective and policies as stated in the Prospectus relating to the Fund as from time to time in effect, as such objective and policies may be amended from time to time. In connection therewith, the Advisor will, among other things, (a) manage the Fund's portfolio in accordance with the Fund's investment objective, policies and restrictions as stated in the Prospectus, as such objective, policies and restrictions may be amended from time to time; (b) make investment decisions for the Fund; (c) place orders to purchase and sell securities on behalf of the Fund; (d) employ professional portfolio managers and securities analysts who provide research services to the Fund; (e) participate in the formulation of the Fund's investment policies; (f) analyze economic trends affecting the Fund; and (g) monitor the brokerage and research services (as those terms are defined in Section 28(e) of the Securities Act of 1934) that are provided to the Fund and may be considered in selecting brokers or dealers to execute particular transactions. In providing those services, the Advisor will conduct a continual program of investment, evaluation and, if appropriate, sale and reinvestment of the Fund's assets. In addition, the Advisor will furnish the Fund with whatever statistical information the Fund may reasonably request with respect to the instruments that the Fund may hold or contemplate purchasing.
