Exhibit 23(m)(iii)
SELLING AGREEMENT FOR
FUNDVANTAGE TRUST
TO: PFPC DISTRIBUTORS, INC.
000 Xxxxx Xxxx
Xxxx xx Xxxxxxx, XX 00000
FROM:
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Name of Firm
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Address of Principal Office
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City, State, Zip Code
Ladies and Gentlemen:
For the mutual promises contained herein and other good and valuable
consideration, we (the "Selling Dealer") enter into this Agreement with you (the
"Distributor"), as principal underwriter for the FUNDVANTAGE TRUST (the
"Trust"). Upon acceptance of this Agreement by Distributor, Selling Dealer
understands that Selling Dealer may offer and sell Shares of the series of the
Trust listed in Exhibit A (each a "Fund" and collectively, the "Funds"),
including Shares of any and all classes thereof, subject, however, to all of the
terms and conditions hereof and to the Trust's right, without prior notice, to
suspend or terminate the sale of Shares.
1. Selling Dealer understands that Selling Dealer will be compensated by
Distributor as set forth in the applicable current Prospectus for the Fund
for services that Selling Dealer provides pursuant to this Agreement. The
term "Prospectus" herein refers to the prospectus on file with the
Securities and Exchange Commission (the "SEC") which is part of the
registration statement of the Fund under the Securities Act of l933, as
amended. Selling Dealer acknowledges that any compensation paid to Selling
Dealer is subject all rules and regulations of the Financial Industry
Regulatory Authority ("FINRA"), formerly known as the National Association
of Securities Dealers, Inc. or the "NASD"). Selling Dealer acknowledges and
agrees that Distributor shall not be responsible for the payment of any
such fee unless and until it has received reimbursement for such payment
from a Fund, and Selling Dealer agrees to waive the payment of such fee
until Distributor has received payment from the Fund.
2. Selling Dealer desires to make the Shares available to Selling Dealer's
customers and the Fund will confirm transactions in accordance with the
terms and conditions set forth herein.
(a) The customers in question are for all purposes Selling Dealer's
customers and not Distributor's customers. Distributor shall execute
Selling Dealer's transactions for each of Selling Dealer's customers
only upon Selling Dealer's authorization; it being understood in all
cases that (i) Selling Dealer is acting as the agent for the customer;
(ii) as between Selling Dealer and the customer, the customer will
have beneficial ownership of the securities; (iii) each transaction is
initiated solely upon the order of the customer; (iv) each transaction
shall be executed by the Fund only upon receipt of instructions from
Selling Dealer acting as agent for Selling Dealer's customer, and (v)
each transaction is for the account of the customer and not for
Selling Dealer's account. Selling Dealer represents and warrants that
Selling Dealer will have the full right, power and authority to effect
transactions (including without limitation, placing any purchase and
redemptions) in Shares on behalf of all customer accounts provided by
Selling Dealer to any transfer agent of the Fund as such term is
defined in the Prospectus of the Fund (the "Transfer Agent"). Selling
Dealer shall be responsible for opening and approving and monitoring
customer accounts, all in accordance with applicable law, including
the rules of the SEC and FINRA. Selling Dealer acknowledges and
understands that the Fund may offer more than one class of Shares as
described in the applicable Prospectus. Selling Dealer shall be
responsible for determining the appropriate Share class for a
Customer.
(b) Orders for Shares received from Selling Dealer will be accepted by
Distributor only at the price and other terms applicable to each order
as described in the then current Prospectus of the Fund.
(c) In no transaction shall Selling Dealer have any authority to act as
agent for the Fund or for Distributor. Selling Dealer understands and
agrees that, as Distributor for the Shares, Distributor is acting as a
disclosed agent of the Fund and is not liable to the Fund for payment
for purchases of Shares.
3. Selling Dealer understands that the Shares of the Funds will be offered and
sold at the net asset value next determined after a purchase order is
effective plus any applicable sales charge (the "Current Offering Price"),
which is in effect at the time the order for such Shares is confirmed and
accepted by the Fund or its agent. All orders for redemption of any Shares
shall be executed at the net asset value per Share minus any applicable
sales charge as described in the Prospectus. The minimum dollar purchase of
Shares shall be the applicable minimum amount described in the then current
applicable Prospectus and no order for less than such amount will be
accepted hereunder. All purchase requests and applications submitted by
Selling Dealer are subject to acceptance or rejection in the Fund's sole
discretion, and, if accepted, each purchase will be deemed to have been
consummated at the office of the Fund. The procedures for handling orders
shall be subject to the written and agreed upon instructions which
Distributor or its designee shall forward to Selling Dealer from time to
time. Selling Dealer agrees that Selling Dealer will follow all
requirements, rules and regulations in connection with Selling Dealer's
handling of orders for transactions in the Shares, including, without
limitation, Rule 22c-1(a) under the Investment Company Act of 1940 (the
"1940 Act"), as amended, and as required by FINRA Rules 2110 and 2120.
Selling Dealer further agrees that Selling Dealer will comply with the
terms of the then current Prospectus of the Fund with respect to the
purchase, redemption and exchange of Shares, including any market-timing
and late trading policies applicable to the Shares. Selling Dealer further
represents and warrants that Selling Dealer maintains, and will continue to
maintain during the term of this agreement, internal policies and
procedures which Selling Dealer believes are appropriate and sufficient
with regard to the appropriate order handling of Fund Shares. The Fund
reserves the right, at its discretion and without prior notice, to suspend
the sale of Shares or withdraw entirely the sale of Shares of the Fund.
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4. Selling Dealer certifies that it (a) is a member of the FINRA and agrees to
maintain membership in the FINRA or (b) in the alternative, it is a foreign
dealer not eligible for membership in the FINRA. In either case, Selling
Dealer agrees to abide by all the rules and regulations of the SEC and the
FINRA, including, without limitation, Rule 2830 of the FINRA Conduct Rules,
all of which are incorporated herein as if set forth in full. Selling
Dealer further agrees to comply with all applicable state and Federal laws
and the rules and regulations of authorized regulatory agencies. Selling
Dealer agrees that Selling Dealer will not sell or offer for sale Shares in
any state or jurisdiction where they have not been qualified for sale.
Distributor will provide to Selling Dealer a current list of the
jurisdictions in which the Shares are qualified for sale, but Distributor
shall have no obligation or responsibility to make Shares available for
sale to Selling Dealer's customers in any jurisdiction. Selling Dealer
agrees to notify the Distributor immediately in the event of its expulsion
or suspension from the FINRA.
5. Selling Dealer will offer and sell the Shares only in accordance with the
terms and conditions of the current Prospectus and Statement of Additional
Information ("SAI") and Selling Dealer will make no representations not
included in said Prospectus or SAI or in any authorized supplemental
material supplied by Distributor. Selling Dealer shall have no authority to
act as agent for the Trust, the Fund or for Distributor. In connection with
the offers to sell and sales of Shares, Selling Dealer agrees to deliver or
cause to be delivered to each person to whom such offer or sale is made, at
or prior to the time of completion of such sale, a copy of the Prospectus
and, upon request, SAI of the Fund. Distributor will furnish Selling Dealer
without charge reasonable quantities of Prospectuses and SAIs, with any
supplements currently in effect, and copies of current shareholder reports
of the Fund, and sales materials issued from time to time. Distributor
shall deliver or cause to be delivered to Selling Dealer to provide to each
of the customers who purchase Shares through Selling Dealer copies of all
annual and interim reports and any other information and materials relating
to the Fund and prepared by or on behalf of Distributor, the Fund or its
investment adviser, custodian transfer agent or dividend disbursing agent
for distribution to such customer. Selling Dealer may not publish any
advertisement or distribute sales literature or other written material to
the public which makes reference to Distributor, the Trust or the Fund
(except material which Distributor has furnished to Selling Dealer) without
Distributor's prior written approval. Selling Dealer agrees to be
responsible for the proper instruction and training of all sales personnel
employed or registered as a broker or sales representative with Selling
Dealer, in order that the shares will be offered in accordance with the
terms and conditions of this Agreement, and all applicable laws, rules and
regulations. Selling Dealer further agrees to obtain from each customer to
whom Selling Dealer sells Shares any taxpayer identification number
certification required by Section 3406 of the Internal Revenue Code of
1986, as amended (the "Code"), and the regulations promulgated thereunder.
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6. Selling Dealer will maintain all records required by law to be kept by
Selling Dealer relating to transactions in Shares of the Funds and shall
promptly make available such records and other records as the Fund or
Distributor may reasonably request.
7. In the case of purchase of Shares hereunder that are sold with a sales
load, an agency commission shall be payable to Selling Dealer as
hereinafter provided. In determining the amount of any agency commission
payable to Selling Dealer hereunder, Distributor reserves the right to
exclude any accounts which Distributor reasonably determines are not
initiated, and any subsequent purchases for any accounts which Distributor
reasonably determines are not made, in accordance with the terms of the
applicable Prospectus and the provisions of this Agreement.
8. Exchanges (i.e., the investment of the proceeds from the liquidation of
Shares of another registered open-end investment fund specified in the
Prospectus) shall, where available, be made in accordance with the terms of
the Prospectus.
9. The procedures relating to purchase, redemption or exchange orders and the
handling thereof will be subject to the terms of the Prospectus and written
and agreed upon instructions received by Selling Dealer from Distributor or
the Transfer Agent from time to time. Selling Dealer understands and agrees
that, if any Shares sold under this Agreement are redeemed or repurchased
by the Fund or are tendered for redemption within seven business days after
the date of confirmation of the initial purchase of such Shares, Selling
Dealer shall forfeit and repay to Distributor any portion of a sales charge
reallowed by Distributor to Selling Dealer with respect to such Shares.
Selling Dealer will not present any conditional purchase orders, and
Selling Dealer understands that no conditional orders will be accepted by
the Fund or its agents. Selling Dealer agrees that purchase orders placed
by Selling Dealer will be made only for the purpose of covering purchase
orders already received from Selling Dealer's customers and that Selling
Dealer will not make purchases for any securities dealer or broker.
Further, Selling Dealer shall not withhold the placement of such orders so
as to profit ourselves; provided, however, that the foregoing shall not
prevent the purchase of Shares by Selling Dealer for Selling Dealer's own
bona fide investment.
10. Payment for purchases of Shares made by wire order from Selling Dealer
shall be made directly to the Transfer Agent, as per the Prospectus
instructions, in an amount equal to the Current Offering Price per Share
being purchased without deduction for Selling Dealer's agency commission,
if any. If such payment is not received at the customary or required time
for settlement of the transaction, Selling Dealer understands that the Fund
reserves the right, without notice, forthwith, to cancel the sale, in which
case Selling Dealer may be held responsible for any reasonable loss,
including loss of profit, suffered by the Fund or Distributor resulting
from Selling Dealer's failure to make the aforesaid payment.
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11. On the settlement date of each transaction, Selling Dealer on behalf of
Selling Dealer's customers will remit the full purchase price, and Selling
Dealer's customer will be credited with an investment in the Shares of the
Fund equal to such purchase price. Selling Dealer's agency commission, if
any, shall be payable on at least a monthly basis.
12. For Funds that offer share Class A Shares with a front-end sales load,
Selling Dealer acknowledges and agrees to the following:
(a) In accordance with the terms of the Prospectus of the Fund involved, a
reduced sales load may be available to customers that purchase Class A
Shares of a Fund sold with a front-end sale load at the then Current
Offering Price per share applicable to the total of the (i) dollar
amount of Shares then being purchased plus (ii) an amount equal to the
then current net asset value of the Class A Shares of such Fund (and
any other Fund as may be permitted by the applicable Prospectus) that
are already beneficially owned at the time of purchase by the Customer
on which a front-end sales load has been directly or indirectly paid.
Certain purchases of Class A Shares made by a Customer and certain
other persons (for example, a Customer's spouse and minor children) as
set forth from time to time in the applicable Fund Prospectus may be
combined for purposes of qualifying for a reduced front-end sales
load, and other reduced sales loads may apply as described in the
applicable Fund Prospectus. Reduced front-end sales loads may be
modified or terminated at any time in the sole discretion of the Fund
involved.
(b) Selling Dealer acknowledges that certain classes of investors may be
entitled to purchase Class A Shares of a Fund at net asset value
without a front-end sales load as from time to time provided in the
applicable Fund Prospectus.
(c) Selling Dealer agrees to advise Distributor promptly as to the amount
of any and all sales of Class A Shares by Selling Dealer qualifying
for a reduced front-end sales load or an exemption from the front-end
sales load. Selling Dealer shall be solely responsible for determining
whether a sale qualifies for a reduced front-end sales load.
13. Distributor's obligations to Selling Dealer under this Agreement are
subject to all applicable provisions of any Underwriting Agreement entered
into between Distributor and the Trust. Selling Dealer understands and
agrees that in performing Selling Dealer's services covered by this
Agreement Selling Dealer is acting as agent for the customer, and
Distributor is in no way responsible for the manner of Selling Dealer's
performance or for any of Selling Dealer's acts or omissions in connection
therewith.
14. Selling Dealer hereby represents and warrants that: (a) it is a
corporation, partnership, national association or other entity duly
organized and validly existing in good standing under the laws of the
jurisdiction in which it is organized; (b) the execution and delivery of
this Agreement and the performance of the transactions contemplated hereby
have been duly authorized by all necessary action and all other
authorizations and approvals (if any) required for its lawful execution and
delivery of this Agreement and its performance hereunder have been
obtained; and (c) upon execution and delivery of this Agreement will
constitute a valid and binding agreement, enforceable against each party in
accordance with its terms.
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15. Distributor shall not be liable for any loss suffered by the Selling Dealer
in connection with the performance of any obligations and duties under this
Agreement except to the extent that the loss resulted from Distributor's
own willful misfeasance, bad faith or gross negligence in the performance
of such obligations and duties, or by the Distributor's reckless disregard
thereof ("Standard of Care").
Selling Dealer may not assert any cause of action against the Distributor
under this Agreement that accrued more than two years prior to the filing
of the suit (or commencement of arbitration proceedings) alleging such
cause of action.
Selling Dealer shall have the duty to mitigate damages for which the other
party may become responsible.
Notwithstanding anything in this Agreement to the contrary, in no event
shall Distributor, its affiliates, the Fund or any of its affiliates or
their directors, officers, employees agents or subcontractors be liable to
the Selling Dealer under any theory of tort, contract, strict liability or
other legal or equitable theory for lost profits, exemplary, punitive,
special, incidental, indirect or consequential damages, each of which is
hereby excluded by agreement of the parties regardless of whether such
damages were foreseeable or whether Distributor or any entity has been
advised of the possibility of such damages.
16. Selling Dealer agrees to indemnify, defend and hold harmless the
Distributor, its affiliates and the Fund and its affiliates (including all
officers, trustees, directors, employees and agents thereof) (an
"Indemnified Party") from and against any and all claims, losses, demands,
liabilities or expenses (including reasonable attorney's fees) of any sort
or kind which may be asserted against an Indemnified Party for which an
Indemnified Party may be held liable in connection with Selling Dealer's
responsibilities under this Agreement (a "Claim") except to the extent such
Claim resulted from the Distributor's failure to meet its Standard of Care
(defined in Section 15 above). All expenses which Selling Dealer incurs in
connection with Selling Dealer's activities under this Agreement shall be
borne by Selling Dealer.
Distributor agrees to indemnify, defend and hold harmless the Selling
Dealer and its affiliates (including all officers, trustees, directors,
employees and agents thereof) (an "Indemnified Party") from and against any
and all claims, losses, demands, liabilities or expenses (including
reasonable attorney's fees) of any sort or kind which may be asserted
against an Indemnified Party for which an Indemnified Party may be held
liable in connection with this Agreement (a "Claim"); PROVIDED, HOWEVER,
such Claim resulted from Distributor's failure to meet its Standard of Care
(defined in Section 15 above). All expenses which Distributor incurs in
connection with its activities under this Agreement shall be borne by
Distributor.
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17. Selling Dealer may terminate this Agreement by notice in writing to
Distributor, which termination shall become effective sixty (60) days
immediately after the date of mailing such notice to Distributor. Selling
Dealer agrees that Distributor has and reserves the right, in Distributor's
sole discretion, to modify, amend or cancel this Agreement upon written
notice to Selling Dealer of such cancellation, which shall be effective on
the date stated in such notice. This Agreement may be terminated with
respect to a Fund or a class of Shares thereof at any time, without payment
of any penalty, by vote of a majority of the Disinterested Trustees (as
defined in the 1940 Act, as amended), or by vote of a majority of the class
of Shares of such Fund for which services are provided hereunder, on not
more than 60 days' written notice. This Agreement shall terminate
automatically in the event of its assignment (as such term is defined in
the 1940 Act, as amended), except that Distributor may assign or transfer
this Agreement to any firm or corporation which becomes the Distributor of
the Fund. Without limiting the foregoing, Distributor may terminate this
Agreement for cause on violation by Selling Dealer of any of the provisions
of this Agreement, said termination to become effective on the date of
mailing notice to Selling Dealer of such termination. Without limiting the
foregoing, any provision hereof to the contrary notwithstanding, Selling
Dealer's expulsion from the FINRA will automatically terminate this
Agreement without notice and Selling Dealer's suspension from the FINRA or
Selling Dealer's violation of applicable state or Federal laws or rules and
regulations of an authorized regulatory agencies will terminate this
Agreement effective upon the date of Distributor's mailing notice to
Selling Dealer of such termination. Waiver of any breach of any provision
of this Agreement will not be construed as a waiver of the provision or of
Distributor's right to enforce said provision thereafter. Distributor's
failure to terminate for any cause shall not constitute a waiver of
Distributor's right to terminate at a later date for any such cause. All
notices hereunder shall be to the respective parties at the addresses
listed hereon, unless changed by notice given in accordance with this
Agreement.
18. Notwithstanding anything in this Agreement to the contrary, both parties
agree to keep confidential all information whether written or oral, ideas,
techniques, and materials supplied by the other party, and shall not
distribute the same to any other parties, at any time, except with the
express written consent of the other party. Both parties agree to
discontinue use of and destroy, where applicable, all information, ideas,
techniques, and materials supplied by the other party upon termination of
this Agreement. Both parties acknowledge that certain information made
available to the other party may be deemed non-public personal information
under the Xxxxx-Xxxxx-Xxxxxx Act or other federal or state privacy laws and
the regulations promulgated thereunder (collectively, "Privacy Laws"). Both
parties hereby agree not to disclose or use such information except as
required to carry out its duties under this Agreement or as otherwise
permitted by the Privacy Laws to establish and maintain procedures
reasonably designed to insure the security and privacy of all such
information and to cooperate with the other party and provide reasonable
assistance in ensuring compliance of such Privacy Laws to the extent
applicable to either party.
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19. Selling Dealer will comply with all applicable anti-money laundering laws,
rules and regulations, including the reporting, recordkeeping and
compliance requirements of the Bank Secrecy Act ("BSA"), as amended by the
USA PATRIOT Act, its implementing regulations, and related SEC and SRO
rules (together, "AML Regulations"). The AML Regulations include
requirements to identify and report currency transactions and suspicious
activity, to verify customer identity, to conduct customer due diligence,
and to implement anti-money laundering compliance programs. As required by
the AML Regulations, Act, Selling Dealer hereby certifies that it has a
comprehensive anti-money laundering compliance program which includes (i)
policies, procedures and internal controls for complying with the AML
Regulations; (ii) policies, procedures and internal controls for
identifying, evaluating and reporting suspicious activity; (iii) a
designated compliance officer or officers; (iv) training for appropriate
employees; and (v) an independent review of the anti-money laundering
compliance program.
Further, Selling Dealer agrees to comply with all applicable Treasury
Department's Office of Foreign Assets Control ("OFAC") requirements.
Selling Dealer will remain in compliance with the AML Regulations at all
times during which Selling Dealer sells and/or services shares of the Fund.
Selling Dealer will, upon Distributor's reasonable written request, but not
more than once each year, certify that Selling Dealer complies with the AML
Regulations and OFAC sanctions programs
20. SHAREHOLDER INFORMATION
(a) AGREEMENT TO PROVIDE INFORMATION. Selling Dealer agrees to provide to
the Fund, upon written request of the Fund or the Distributor (or
their authorized affiliates), the TIN, International Taxpayer
Identification Number ("ITIN") or other government-issued identifier
("GII"), if known, of any or all holders of Shares ("Shareholders") of
the account and the amount, date, name or other identifier of any
investment professional(s) associated with the Shareholder(s) or
account (if known), and transaction type (purchase, redemption,
transfer, or exchange) of every purchase, redemption, transfer, or
exchange of Shares held through an Omnibus account maintained by
Selling Dealer during the period covered by the request.
(i) PERIOD COVERED BY REQUEST. Requests must set forth a specific
period for which transaction information is sought, which
generally will not exceed ninety (90) days (or any three (3)
month period, as applicable) of transaction information.
Distributor and/or the Fund may request transaction information
older than ninety (90) days from the date of the request as it
deems necessary to investigate compliance with policies
established by the Fund for the purpose of eliminating or
reducing any dilution of the value of the outstanding Shares
issued by the Fund.
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(ii) FORM AND TIMING OF RESPONSE. Selling Dealer agrees to provide,
promptly upon request of the Fund or its designee, the
requested information specified in 20(a). If requested by the
Fund or its designee, Selling Dealer agrees to use best efforts
to determine promptly whether any specific person about whom it
has received the identification and transaction information
specified in 20(a) is itself an intermediary ("Indirect
Intermediary") and, upon further request of the Fund or its
designee, promptly either (i) provide (or arrange to have
provided) the information set forth in 20(a) for those
shareholders who hold an account with an Indirect Intermediary
or (ii) restrict or prohibit the indirect intermediary from
purchasing, in nominee name on behalf of other persons,
securities issued by the Fund. Selling Dealer additionally
agrees to inform Distributor and the Fund whether it plans to
perform (i) or (ii). Responses required by this paragraph must
be communicated in writing and in a format mutually agreed upon
by the parties. To the extent practicable, the format for any
transaction information provided to the Fund should be
consistent with the NSCC Standardized Data Reporting Format or
another industry standardized data reporting format.
(iii) LIMITATIONS ON USE OF INFORMATION. The Fund, Distributor and
each of their affiliates, including PFPC Inc., agree not to use
the information received for marketing or any other similar
purpose without Selling Dealer's prior written consent.
Separately, the Fund has provided written assurances to the
Distributor that the Fund will not use the information received
for marketing or any other similar purpose without the Selling
Dealer's prior written consent.
(b) AGREEMENT TO RESTRICT TRADING. Selling Dealer agrees to execute
written instructions from Distributor or the Fund to restrict or
prohibit further purchases or exchanges of Shares by a Shareholder
that has been identified by Distributor or the Fund as having engaged
in transactions of the Fund's Shares (directly or indirectly through
an account with Selling Dealer) that violate policies established by
the Fund for the purpose of eliminating or reducing any dilution of
the value of the outstanding Shares issued by the Fund.
(i) FORM OF INSTRUCTIONS. Instructions to restrict trading must
include the Shareholder(s)' TIN, ITIN or GII, if known, and the
specific restriction(s) to be executed. If the TIN, ITIN or GII
is not known, the instructions must include an equivalent
identifying number of the Shareholder(s) or account(s) or other
agreed upon information to which the instruction relates.
(ii) TIMING OF RESPONSE. Selling Dealer agrees to execute
instructions as soon as reasonably practicable, but not later
than five (5) business days after receipt of the instructions
by Selling Dealer.
(iii) CONFIRMATION. Selling Dealer will provide written confirmation
to Distributor and the Fund that instructions have been
executed. Selling Dealer agrees to provide confirmation as soon
as reasonably practicable, but not later than ten (10) business
days after the instructions have been executed.
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21. This Agreement shall become effective as of the date when it is
executed and dated by Distributor below and shall be in substitution of
any prior agreement between Distributor and Selling Dealer covering the
Fund. This Agreement and all the rights and obligations of the parties
hereunder shall be governed by and construed under the laws of the
Commonwealth of Massachusetts.
Sincerely,
[NAME OF SERVICE PROVIDER]
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By: ________________________________________
Name: ________________________________________
Title: ________________________________________
Date: ________________________________________
Accepted:
PFPC DISTRIBUTORS, INC.
By: ________________________________________
Name: ________________________________________
Title: ________________________________________
Date: ________________________________________
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EXHIBIT A
[FUND/CLASS/FEE]
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PFPC DISTRIBUTORS, INC.
KNOW YOUR CUSTOMER QUESTIONNAIRE FOR INTERMEDIARIES
In response to the requirements of The USA PATRIOT Act, PFPC Distributors, Inc.
is required to "Know Our Customers." We request your cooperation with compliance
and ask you to complete in total the information below and return with the
executed agreement.
Thank you,
PFPC Distributors, Inc.
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Name of Institution
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Taxpayer Identification Number
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Type of Business
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State in Which Corporation is Domiciled
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Date of Incorporation
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Regulatory Body with Oversight Authority
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SEC Broker Dealer Res. No. (if applicable)
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FINRA Firm CRD No. (if applicable)
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Contact Person
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Contact Person's Email Address
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Contact Person's Telephone Number
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Other Information (or attachments noted)
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FUNDVANTAGE TRUST DEALER PROFILE SHEET
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1 Has signed dealer agreement been sent to distributor? Yes or No Date sent:
----- -----
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2 Dealer name:
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3 Dealer address:
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4 Dealer contact:
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5 Dealer phone number/email address/fax number:
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QUESTIONS PRECEDED BY ** RELATE TO FUND\SERV
IF NOT A FUND\SERV PARTICIPANT, PLEASE SKIP TO QUESTION #10
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**6 Is the dealer using Fund\SERV? Yes ______ or No
If yes, what is their NSCC Number?
What is their alpha indicator?
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**7 Is the dealer using networking? Yes ______ or No
If yes, when would they like to receive position files? Choices are:
___ 1st & 3rd Friday ___ 2nd & 4th Friday ___ 1st & 3rd Thursday ___ 2nd & 4th Thursday
PLEASE NOTE: Any additional position files are on an as requested basis.
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**8 If using networking, indicate network level:
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**9 If another dealer is clearing for them, what is the other dealer's name:
Address:
NSCC number:
Alpha indicator:
Network level:
Contact name:
Contact phone:
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10 What is the address of the main office for mailing purposes of checks for payment? (MAIN OFFICE ONLY)
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11 Will statements go to main office or branch? Main Office ___ Branch
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PLEASE ATTACH A COMPLETE BRANCH AND REP LISTING
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12 Omnibus account? Yes ___ or No
If yes, how will you notify the transfer agent of the proper Blue Sky
state information for the subaccounts? (I.E. a monthly report will
be sent or trades will be placed with state information provided)_____________________
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COMPLETED FACT SHEET TO BE FORWARDED TO:
PFPC DISTRIBUTORS, INC.
000 XXXXX XXXX, XXXX XX XXXXXXX, XX 00000
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