Advisory Agreement Board Considerations Regarding Continuation of Investment Management Contract At a meeting held on March 13, 2006, the Trustees unanimously approved the continuation of the Investment Advisory and Management Agreement (the...Advisory Agreement • August 25th, 2006 • First Defined Portfolio Management Fund LLC
Advisory Agreement Board Considerations Regarding Continuation of Investment Management Contract At a meeting held on March 13, 2006, the Trustees unanimously approved the continuation of the Investment Advisory and Management Agreement (the Agreement) between First Trust Advisors L.P. (First Trust) and First Defined Portfolio Fund, LLC (the Company) for each portfolio of the Company (each a Fund) other than The DowSM Target Dividend Portfolio (for which the contract had been approved for an initial two-year period at a meeting in March 2005). While the Board previously renewed the Agreement in September 2005 for each Fund other than The DowSM Target Dividend Portfolio, First Trust asked the Board to reconsider the Agreement at the March 2006 meeting so that in the future all advisory contracts for the First Trust Fund Complex would be considered at the same time. Because of its recent review of the Agreement, the Board considered its previous findings in approving the Agreement and de
