Services on a Continuing Basis. Subject to the overall supervision of the Board of Trustees of the Trust, the Administrator will perform the following services on a regular basis which would be daily, weekly or as otherwise appropriate:
A) perform the services in Exhibit 1 attached; and
B) such additional services as may be agreed upon by the Fund and the Administrator.
Services on a Continuing Basis. The Administrator shall perform the following services on a regular basis which would be daily, weekly or as otherwise appropriate or reasonably requested by the Fund:
(A) prepare and coordinate reports and other materials as the Fund's Board of Directors may reasonably request of the Fund;
(B) prepare and/or supervise the preparation and filing of all securities filings, periodic financial reports, prospectuses, statements of additional information, marketing materials, tax returns, shareholder reports and other regulatory reports or filings required of the Fund and the Portfolios;
(C) prepare all required filings necessary to qualify the Fund's shares with state securities authorities to sell shares in all states where the Fund currently does, or intends to do business;
(D) coordinate the preparation, printing and mailing of all communications required to be sent to shareholders, including the annual and semi-annual reports to shareholders, proxy statements, notices and other reports to Fund shareholders;
(E) coordinate the preparation and payment of Fund and Portfolio related expenses;
(F) assist in the selection of, investigate, conduct relations with, and monitor and oversee the activities of the transfer agent, custodians, accountants, depositories, attorneys, underwriters, insurers, and such other persons in any other capacity deemed by the Company to be necessary or desirable for the Portfolios' operations and as requested by the Company;
(G) review and adjust as necessary the Portfolios' daily expense accruals;
(H) maintain and keep such books and records of the Fund as required by law and for the proper operation of the Fund and its Portfolios other than those maintained and kept by the Fund's investment adviser and servicing agents;
(I) provide the Fund with (i) the services of persons competent to perform the administrative and clerical functions described herein, and (ii) individuals acceptable to the Directors for nomination, appointment or election as officers of the Fund, who will be responsible for the management of certain of the Fund's affairs as determined by the Directors;
(J) provide the Fund with office space as well as administrative offices, equipment and facilities as are necessary for the performance of the Administrator's duties under this Agreement;
(K) monitor each Portfolio's compliance with investment policies and restrictions as set forth in the Portfolio's currently effective prospectus and statement of additional informat...
Services on a Continuing Basis. The Administrator will perform on a regular basis (daily, weekly or as otherwise appropriate) all administrative services required for the operation of the Trust (other than those services provided by the Trust's adviser, distributor, custodian, transfer agent, accounting agent, independent accountants and legal counsel) including, without limitation, the following:
(A) prepare and coordinate reports and other materials to be supplied to the Board of Trustees of the Trust as the officers of the Trustees of the Trust may request;
(B) prepare, coordinate and/or supervise the preparation and filing of the following filings required by the federal securities laws (including, without limitation, periodic reports on Form N-SAR and Notices under 1940 Act Rule 24f- 2): periodic financial reports, shareholder reports and other regulatory reports or filings required of the Trust;
(C) supervise and monitor the preparation of all required filings necessary to maintain the Trust's qualification and/or registration to sell shares of the series of the Trust in all states where the Trust currently sells, or intends to sell, shares of its series;
(D) coordinate the preparation, printing and mailing of all materials (including, without limitation, Annual Reports and prospectuses) required to be sent to shareholders;
(E) coordinate the preparation and payment of Trust related expenses;
(F) monitor and oversee the activities of the Trust's servicing agents (including, without limitation, its transfer agent, custodian, and fund accountants);
(G) monitor the calculation of the net asset value per share of each series on each business day, and review and adjust as necessary the Trust's daily expense accruals;
(H) monitor the Trust's daily, monthly and periodic compliance with respect to the 1940 Act, Internal Revenue Code, Board of Trustees and prospectus guidelines, restrictions and policies;
(I) send periodic information (including, without limitation, performance figures) to service organizations that compile and track investment company information;
(J) assist the Trust's custodian, investment adviser, and sub-advisers, accounting agent, counsel and auditors as required to carry out the business and operations of the Trust;
(K) oversee the maintenance by the Trust's custodian and accounting agent of the books and records pertaining to the Trust under the 1940 Act, and maintain such other books and records (other than those required to be maintained by the Trust's adviser and...
Services on a Continuing Basis. Subject to the supervision and direction of the Board of Directors of the Fund, Counsellors undertakes to perform the following administrative services for the Portfolio:
(a) Making available office facilities, as requested by the Fund, (which may be in the offices of Counsellors or a corporate affiliate);
(b) Furnishing data processing services, clerical services and certain internal quasi-legal, executive and administrative services;
(c) Furnish an 800 telephone line for shareholder inquires and otherwise assist in the preparation of shareholder communications and notices as requested by the Fund or the investment adviser to the Portfolio (the "Investment Adviser").
(d) Assisting in coordinating the preparation of reports to the Portfolio's shareholders of record and the Securities and Exchange Commission (the "SEC") including, but not limited to, proxy statements; annual, semi-annual and quarterly reports to Shareholders; annual and semi-annual reports on Form N-SAR; and post-effective amendments to the Fund's Registration Statement on Form N-1A (the "Registration Statement");
(e) Assisting the Investment Adviser, at the Investment Adviser's request, in monitoring and developing compliance procedures which will include, among other matters, procedures to assist the Investment Adviser in monitoring compliance with the Portfolio's investment objective, policies, restrictions, tax matters and applicable laws and regulations; and
(f) Acting as liaison between the Fund and the Fund's independent public accountants, counsel, custodian or custodians, transfer agent and administrator and taking all reasonable action in the performance of its obligations under this Agreement to assure that all necessary information is made available to each of them. In performing all services under this Agreement, Counsellors shall act in conformity with applicable law, the Fund's Articles of Incorporation and By-Laws, and all amendments thereto, and the Portfolio's investment objective, investment policies and other practices and policies set forth in the Fund's Registration Statement, as such Registration Statement and practices and policies may be amended from time to time.
Services on a Continuing Basis. The Administrator will perform the following services on a regular basis which would be daily weekly or as otherwise appropriate:
(A) prepare and coordinate reports and other materials to be supplied to the Board of Trustees of the Trust;
(B) prepare and/or supervise the preparation and filing of all securities filings, periodic financial reports, prospectuses, statements of additional information, marketing materials, tax returns, shareholder reports and other regulatory reports or filings required of the Trust and the portfolios.
(C) prepare all required filings necessary to maintain the Trust's and portfolios' qualification and/or registration to sell shares in all states where the Trust and portfolios currently do, or intend to do business;
(D) coordinate the preparation, printing and mailing of all materials (e.g., Annual Reports) required to be sent to shareholders;
(E) coordinate the preparation and payment of Trust and portfolio related expenses;
(F) monitor and oversee the activities of the Trust's and the portfolios' servicing agents (i.e., transfer agent, custodian, fund accountants, etc.);
(G) review and adjust as necessary the portfolios' daily expense accruals; and
(H) perform such additional services as may be agreed upon by the Trust and the Administrator.
Services on a Continuing Basis. (a) In preparing the accounting records of the Fund, PFPC shall comply with generally accepted accounting principles (GAAP) or with an alternative method described in Written Instructions provided that such alternative method is not unreasonable and would not be burdensome to PFPC. PFPC will perform the following accounting services for the Fund on an ongoing or a daily basis, as appropriate, it being understood that the services provided hereunder shall be provided on a per Series basis in a manner that properly identifies the Series as to which such services relate:
(1) On a daily basis, journalize the Fund's investment, capital Share and income and expense activities and post to the general ledger;
(2) Verify with the Fund's custodians, investment buy/sell trade tickets which may be sent electronically via modem from the Advisor and which may include securities acquired for Fund shares when received from the Advisor, transmit verified trades to the Fund's custodians for proper settlement, and PFPC shall promptly notify the Advisor of any trades received which have not been so verified;
(3) Maintain individual ledgers for investment securities;
(4) Maintain historical tax lots for each security;
(5) Reconcile cash and investment balances with the custodian of each Series, and provide the Advisor with the beginning cash balances available for investment purposes;
(6) Update the cash availability and projected receivables/ payables throughout the day as required by the Advisor and direct the custodians to invest idle cash in repurchase agreements and/or in other liquid investments as mutually agreed upon in accordance with the Written Instructions of the Advisor;
(7) Post to and prepare the Statement of Assets and Liabilities and the Statement of Operations;
(8) Calculate various contractual expenses (e.g., advisory and custody fees) and confirm to the Fund the amounts paid by the Fund in respect of such contracts as provided for therein;
(9) Monitor the expense accruals and notify Fund management of any proposed adjustments;
(10) Control all disbursements and authorize such disbursements upon Written Instructions;
(11) Calculate capital gains and losses;
(12) Determine net income;
(13) Obtain security market quotes from independent pricing services approved by the Fund, or if such quotes are unavailable, then obtain such prices from, or in accordance with the directions of, the Advisor, and in either case calculate the market value of the Fund's investmen...
Services on a Continuing Basis. The Administrator will perform the following services as detailed on the attached Administrative Services list which would be daily, weekly or as otherwise appropriate.
Services on a Continuing Basis. Subject to the overall supervision of the Board of Directors of the Company and Guinness Flight Investment Management Limited (the "Manager"), the Administrator will perform the following services on a regular basis which would be daily, weekly or as otherwise appropriate:
A) perform the services in Exhibit 1 attached; and
B) such additional services as may be agreed upon by the Funds and the Administrator.
Services on a Continuing Basis. Subject to the supervision and direction of the Board of Directors of the Fund, BEA Associates undertakes to perform the following administrative and shareholder services:
Services on a Continuing Basis. (a) Xxxxxx Square will perform the following accounting functions on a daily basis:
(i) Journalize each Portfolio's investment, capital share and income and expense activities; (ii) Verify investment buy/sell trade tickets when received from the Trust's Investment Advisor ("Advisor") and transmit trades to the Trust's custodian for proper settlement; (iii) Maintain individual ledgers for investment securities; (iv) Maintain historical tax lots for each security; (v) Reconcile cash and investment balances of each Portfolio with the Custodian, and provide the Advisor with the beginning cash balance available for investment purposes; (vi) Update the cash availability throughout the day as required by the Advisor; (vii) Post to and prepare each Portfolio's Statement of Assets and Liabilities and the Statement of Operations; (viii) Calculate expenses payable pursuant to the Portfolio's various contractual obligations; (ix) Control all disbursements from the Trust on behalf of each Portfolio and authorize such disbursements upon Written Instructions; (x) Calculate capital gains and losses; (xi) Determine each Portfolio's net income; (xii) Obtain security market quotes from services approved by the Advisor, or if such quotes are unavailable, then obtain such prices from services approved by the Advisor, and in either case calculate the market or fair value of each Portfolio's investments; (xiii) Transmit or mail a copy of the portfolio valuation to the Advisor;
