Common Contracts
2 similar Putnam Funds Trust contracts by Putnam Funds Trust
PUTNAM FUNDS TRUST AMENDED AND RESTATED MANAGEMENT CONTRACTPutnam Funds Trust • March 30th, 2020 • Putnam Funds Trust
Emerging Markets Equity Fund’s Base Fee computed in accordance with Schedule B will be adjusted, on a monthly basis, upward or downward, as the case may be, by an amount computed by applying the Performance Adjustment Rate to the Combined Average Net Assets of the Fund for the Performance Period and dividing the result by twelve (such adjusted fee, the “Current Management Fee”); provided, however, that if the use of the Combined Average Net Assets in calculating the Current Management Fee results in the Fund paying a higher management fee than would have been paid using the Average Net Assets of the Fund for periods prior to the Effective Date, Average Net Assets shall be used for purposes of this calculation. Combined Average Net Assets means the average of all of the determinations of (i) the sum of the net asset value of International Growth Fund and Putnam Emerging Markets Equity Fund at the close of business on each business day during any portion of a Performance Period prior to
PUTNAM FUNDS TRUST AMENDED AND RESTATED MANAGEMENT CONTRACTPutnam Funds Trust • February 24th, 2020 • Putnam Funds Trust
PUTNAM MULTI-ASSET ABSOLUTE RETURN FUND, PUTNAM CAPITAL SPECTRUM FUND, PUTNAM EQUITY SPECTRUM FUND, AND PUTNAM STRATEGIC VOLATILITY EQUITY FUND: Performance Period. The Performance Period is equal to the shorter of (i) the period from the date the Fund commenced operations to the end of the month for which the fee adjustment is being computed or (ii) the thirty-six month period then ended.
