Saturna Investment Trust Sample Contracts
CUSTODY AGREEMENT Dated November 9, 2018 Between UMB BANK, N.A. and SATURNA INVESTMENT TRUSTCustody Agreement • March 27th, 2019 • Saturna Investment Trust
This agreement made as of the date first set forth above between UMB Bank, n.a., a national banking association with its principal place of business located in Kansas City, Missouri (hereinafter "Custodian"), and each of the Funds listed on Appendix B hereof, together with such additional Funds which shall be made parties to this Agreement by the execution of Appendix B hereto (individually, a "Fund" and collectively, the "Funds").
Standard Contracts
CUSTODIAN SERVICES AGREEMENTCustodian Services Agreement • March 27th, 2009 • Saturna Investment Trust
THIS AGREEMENT is made as of September 8, 2008 by and between PFPC TRUST COMPANY, a limited purpose trust company incorporated under the laws of Delaware ("PFPC Trust") and Saturna Investment Trust, an Indiana business trust (the "Fund"). Capitalized terms not otherwise defined shall have the meanings set forth in Appendix A.
ReFlow Fund, LLC Participating Fund AgreementParticipating Fund Agreement • March 27th, 2020 • Saturna Investment Trust • California
AGREEMENT dated as of March 27, 2020, between the Saturna Investment Trust, on behalf of itself or its portfolios listed on Appendix A attached hereto (as it may be amended from time to time), individually and not jointly, (the "Fund"), and ReFlow Fund, LLC, a Delaware limited liability company ("ReFlow"), in consideration of the mutual agreements herein contained and other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:
INVESTMENT ADVISORY and ADMINISTRATIVE SERVICES AGREEMENT for the SEXTANT INTERNATIONAL FUND of the SATURNA INVESTMENT TRUSTInvestment Advisory and Administrative Services Agreement • March 15th, 1996 • Saturna Investment Trust • Washington
JOINT INSURED BOND RECOVERY AGREEMENTJoint Insured Bond Recovery Agreement • March 1st, 2010 • Saturna Investment Trust
THIS AGREEMENT, executed as of this 15th day of December, 2009 between Saturna Capital Corporation, a Washington Corporation (the "Adviser"), Saturna Brokerage Services, Inc., a Washington Corporation "SBS"), and Amana Mutual Funds Trust ("Amana"), and Saturna Investment Trust ("SIT"), Amana and SIT being open-end management investment companies, (all of such entities herein referred to as the "Parties") this Agreement to become effective as of the date hereof; WHEREAS pursuant to the resolutions of the Boards of Trustees of Amana and SIT, the Trustees of each Trust determined and resolved that a fidelity insurance bond as required by Rule 17g-1, under the Investment Company Act of 1940, shall be obtained for each Trust as an insured party issued by the ICI Mutual Insurance Company for the protection of each of the Parties (the "Bond"). The Boards and disinterested Trustees determined that the Bond is reasonable as to amount as such amount is in excess of the coverage required by
INVESTMENT ADVISORY and ADMINISTRATIVE SERVICES AGREEMENT for the SATURNA SUSTAINABLE EQUITY FUND of SATURNA INVESTMENT TRUSTInvestment Advisory and Administrative Services Agreement • January 9th, 2015 • Saturna Investment Trust • Washington
THIS AGREEMENT, executed this 19th day of December, 2014, between Saturna Capital Corporation, a Washington State corporation (the "Adviser") and the Saturna Investment Trust, a series open-end management investment company organized as a business trust under the laws of the State of Washington and presently having a portfolio named the Saturna Sustainable Equity Fund, (the "Fund") to be and become effective as provided in Section 1, Article V, between the parties hereto,
JOINT INSURED BOND RECOVERY AGREEMENTJoint Insured Bond Recovery Agreement • February 5th, 2015 • Saturna Investment Trust
THIS AGREEMENT, executed as of this 19th day of December, 2014 between Saturna Capital Corporation, a Washington Corporation (the "Adviser"), Saturna Brokerage Services, Inc., a Washington Corporation "SBS"), and Amana Mutual Funds Trust ("Amana"), and Saturna Investment Trust ("SIT"), Amana and SIT being open-end management investment companies, (all of such entities herein referred to as the "Parties") this Agreement to become effective as of the date hereof; WHEREAS pursuant to the resolutions of the Boards of Trustees of Amana and SIT, the Trustees of each Trust determined and resolved that a fidelity insurance bond as required by Rule 17g-1, under the Investment Company Act of 1940, shall be obtained for each Trust as an insured party issued by the ICI Mutual Insurance Company for the protection of each of the Parties (the "Bond"). The Boards and disinterested Trustees determined that the Bond is reasonable as to amount as such amount is in excess of the coverage required by
SATURNA INVESTMENT TRUST DISTRIBUTION AGREEMENTDistribution Agreement • March 27th, 2019 • Saturna Investment Trust • New York
This Distribution Agreement is made as of September 25, 2018, by and between SATURNA INVESTMENT TRUST, a Washington Business Trust (the "Trust") and SATURNA BROKERAGE SERVICES, a Washington State corporation ("Distributor").
SATURNA INVESTMENT TRUST TRANSFER AGENT AGREEMENT¹Transfer Agent Agreement • March 27th, 2019 • Saturna Investment Trust • Washington
THIS AGREEMENT executed this 25th day of September 2018, between Saturna Capital Corporation, a Washington State corporation (the "Adviser") and the Saturna Investment Trust, a series open-end management investment company organized as a business trust under the laws of the State of Washington (the "Trust"), is made pursuant to and in consideration of that certain Investment Advisory and Administrative Services Agreement between the Adviser and the Trust on behalf of the Funds, dated September 25, 2018 (the "Advisory Agreement").
ContractExpense Limitation and Fee Waiver Agreement • March 31st, 2022 • Saturna Investment Trust
Saturna Capital Corporation will continue to subsidize certain Sextant Funds and the Sustainable Funds by waiving Saturna's management fee and, to the extent necessary, reimburse expenses, to limit the total net annual operating expenses (excluding taxes, commissions, and extraordinary expenses) of each Fund listed below, through March 31, 2021, as listed in the table below.
AMENDMENT TO THE INVESTMENT ADVISORY and ADMINISTRATIVE SERVICES AGREEMENT for the SEXTANT INTERNATIONAL FUND of the SATURNA INVESTMENT TRUSTInvestment Advisory and Administrative Services Agreement • March 27th, 2015 • Saturna Investment Trust
THIS AMENDMENT, executed this 27th day of March 2015, amends that certain Investment Advisory and Administrative Services Agreement (the "Agreement"), dated July 10, 1995, between Saturna Capital Corporation, a Washington State corporation (the "Adviser") and Saturna Investment Trust, a series open-end management investment company organized as a business trust under the laws of the State of Washington and presently having a portfolio named the Sextant International Fund (the "Fund").
AMENDMENT TO THE INVESTMENT ADVISORY and ADMINISTRATIVE SERVICES AGREEMENT for the SEXTANT SHORT -TERM BOND FUND of the SATURNA INVESTMENT TRUSTInvestment Advisory and Administrative Services Agreement • March 27th, 2015 • Saturna Investment Trust
THIS AMENDMENT, executed this 27th day of March 2015, amends that certain Investment Advisory and Administrative Services Agreement (the "Agreement"), dated July 10, 1995, between Saturna Capital Corporation, a Washington State corporation (the "Adviser") and Saturna Investment Trust, a series open-end management investment company organized as a business trust under the laws of the State of Washington and presently having a portfolio named the Sextant Short-Term Bond Fund (the "Fund").
Restricted Share Purchase AgreementRestricted Share Purchase Agreement • March 23rd, 2007 • Saturna Investment Trust
This Agreement, dated as of the 12th day of March, 2007, is between Saturna Capital Corporation ("Saturna") and Saturna Investment Trust ("Trust") on behalf of its series Sextant Core Fund ("Fund").
SATURNA INVESTMENT TRUST IDAHO TAX-EXEMPT FUND INVESTMENT ADVISORY and ADMINISTRATIVE SERVICES AGREEMENTInvestment Advisory and Administrative Services Agreement • March 27th, 2019 • Saturna Investment Trust
THIS AGREEMENT, executed this 25th day of September 2018, between Saturna Capital Corporation, a Washington State corporation (the "Adviser") and the Saturna Investment Trust, a series open-end management investment company organized as a business trust under the laws of the State of Washington and presently having a portfolio named the Idaho Tax-Exempt Fund, (the "Fund") to be and become effective as provided in Section 1, Article V, between the parties hereto,
Form of Restricted Share Purchase AgreementRestricted Share Purchase Agreement • January 9th, 2015 • Saturna Investment Trust
This Agreement, dated as of the [8th day of January 2015] is between Saturna Capital Corporation ("Saturna") and Saturna Investment Trust ("Trust") on behalf of its series Saturna Sustainable Equity Fund and Saturna Sustainable Bond Fund ("Funds").
ContractExpense Limitation and Fee Waiver Agreement • March 29th, 2024 • Saturna Investment Trust
Expense Limitation and Fee Waiver AgreementExpense Limitation and Fee Waiver Agreement • March 31st, 2017 • Saturna Investment Trust
Pursuant to the Fund changes approved in yesterday's meeting of the Board of Trustees of Saturna Investment Trust, Saturna Capital Corporation is undertaking to continue to subsidize certain Sextant Funds and the Sustainable Funds by further waiving Saturna's management fee and, to the extent necessary, reimburse expenses, to limit the total net annual operating expenses (excluding taxes, commissions, and extraordinary expenses) of each Fund listed below, effective on the "End 12b1 Date" through March 31, 2018, as listed in the table below. The expense limitations approved by the Board in December 2016 are continued until the "End 12b1 Date", then reduced as shown below. These further reduced limitations are effective only with the ending of the Rule 12b1 0.25% annual Distribution fee charged to certain Funds, expected on June 2, 2017 (the "End 12b1 Date").
Expense Limitation and Fee Waiver AgreementExpense Limitation and Fee Waiver Agreement • March 27th, 2017 • Saturna Investment Trust
Saturna Capital Corporation is undertaking to continue to waive its advisory and administration fee and, to the extent necessary, reimburse expenses, to ensure that the total net annual operating expenses (excluding taxes, commissions, and extraordinary expenses) of each Fund listed below, through March 31, 2018, is not more than as set forth in the table below:
CUSTODIAN AGREEMENT SATURNA INVESTMENT TRUST SEXTANT SHORT-TERM BOND FUND This CUSTODIAN AGREEMENT, effective September 28,1995, between the Sextant Short- Term Bond Fund of Saturna Investment Trust, one of the separate Funds of the Trust, organized...Custodian Agreement • March 15th, 1996 • Saturna Investment Trust • Indiana
Expense Limitation and Fee Waiver AgreementExpense Limitation and Fee Waiver Agreement • March 28th, 2018 • Saturna Investment Trust
Saturna Capital Corporation is undertaking to continue to waive its advisory and administration fee and, to the extent necessary, reimburse expenses, to ensure that the total net annual operating expenses (excluding taxes, commissions, and extraordinary expenses) of each Fund listed below, through March 31, 2019, is not more than as set forth in the table below:
Expense Limitation and Fee Waiver AgreementExpense Limitation and Fee Waiver Agreement • March 27th, 2019 • Saturna Investment Trust
Saturna Capital Corporation is undertaking to continue to waive its advisory and administration fee and, to the extent necessary, reimburse expenses, to ensure that the total net annual operating expenses (excluding taxes, commissions, and extraordinary expenses) of each Fund listed below, through March 31, 2020, is not more than as set forth in the table below:
RULE 17f-5 DELEGATION AGREEMENTDelegation Agreement • March 27th, 2019 • Saturna Investment Trust • Missouri
By its execution of this Delegation Agreement by and between UMB Bank, n.a. (the Custodian), a national banking association, with its principal office in Kansas City, Missouri, and Saturna Investment Trust (the "Trust") (on behalf of any series thereof listed on the Appendix to this Agreement, together with such additional series as shall be made parties to this Agreement by the execution of a revised Appendix to this Agreement (such series are referred to individually as a "Fund" and, collectively, as the "Funds")), the Funds hereby direct the Custodian to appoint Citibank, N.A., a National Banking Association under the laws of the United States of America, as the Approved Foreign Custody Manager (the Delegate) under the terms of the Custody Agreement between the Trust and the Custodian to perform certain functions with respect to the custody of the Funds' Assets (as defined in Section 13 of this Delegation Agreement) outside the United States of America.
SATURNA INVESTMENT TRUST INVESTMENT ADVISORY and ADMINISTRATIVE SERVICES AGREEMENTInvestment Advisory and Administrative Services Agreement • March 27th, 2019 • Saturna Investment Trust
THIS AGREEMENT, executed this 25th day of September, 2018, between Saturna Capital Corporation, a Washington State corporation (the "Adviser") and the Saturna Investment Trust, a series open-end management investment company organized as a business trust under the laws of the State of Washington for and on behalf of the portfolios listed on Schedule A hereto (each, a "Fund") to be and become effective as provided in Section 1, Article V, between the parties hereto,
Expense Limitation and Fee Waiver AgreementExpense Limitation and Fee Waiver Agreement • March 29th, 2016 • Saturna Investment Trust
Saturna Capital Corporation is undertaking to continue to waive its advisory and administration fee and, to the extent necessary, reimburse expenses, to ensure that the total net annual operating expenses (excluding taxes, commissions, and extraordinary expenses) of each Fund listed below, through March 31, 2017, is not more than as set forth in the table below:
Expense Limitation and Fee Waiver AgreementExpense Limitation and Fee Waiver Agreement • June 2nd, 2017 • Saturna Investment Trust
By memo dated March 15, 2017, Saturna Capital Corporation notified the Board that it would continue subsidizing certain Sextant Funds and Sustainable Funds by waiving its management fee and, to the extent necessary, reimburse expenses, to limit the total net annual operating expenses (excluding taxes, commissions, and extraordinary expenses) of each of those funds, effective on the ending of the Rule 12b-1 annual fees charged to the funds (expected June 2, 2017, the "End 12b-1 Date") through March 31, 2018 (the "End Waiver Date"). Saturna hereby agrees to extend the End Waiver Date for the Funds listed below from March 31, 2018 to June 2, 2018.
Restricted Share Purchase AgreementRestricted Share Purchase Agreement • January 17th, 2012 • Saturna Investment Trust
This Agreement, dated as of the 11 day of January, 2011 is between Saturna Capital Corporation (“Saturna”) and Saturna Investment Trust (“Trust”) on behalf of its series Sextant Global High Income (“Fund”).
Amendment Number One to the Saturna Investment Trust Investment Advisory and Administrative Services AgreementInvestment Advisory and Administrative Services Agreement • January 30th, 2023 • Saturna Investment Trust
This Amendment Number One (the "Amendment") to the Saturna Investment Trust Investment Advisory and Administrative Services Agreement dated September 25, 2018 (the "Agreement") is made as of September __, 2022, by and among the Saturna Investment Trust (the "Trust"), on behalf of the Sextant Growth Fund, Sextant International Fund, Sextant Core Fund, Sextant Short-Term Bond Fund, Sextant Bond Income Fund, and Sextant Global High Income Fund (each, a "Fund" and collectively, the "Funds"), and Saturna Capital Corporation, the Funds' Adviser.
