Administration Services. Ultimus shall provide the Trust with regulatory reporting services; shall provide all necessary office space, equipment, personnel, compensation and facilities for handling the affairs of the Trust; and shall provide such other services as the Trust may request that Ultimus perform consistent with its obligations under this Agreement. Without limiting the generality of the foregoing, Ultimus shall: (a) calculate Trust expenses and administer all disbursements for the Trust, and as appropriate, compute the Trust's yields, total return, expense ratios and portfolio turnover rate and any other metrics that may be required in the future due to regulatory changes; (b) prepare and coordinate, in consultation with Trust counsel, and supervise the filing of prospectuses, statements of additional information, registration statements and proxy materials; (c) prepare such reports, notice filing forms and other documents (including reports regarding the sale and redemption of shares of the Trust as may be required in order to comply with federal and state securities law) as may be necessary or desirable to make notice filings relating to the Trust's shares with state securities authorities, monitor the sale of Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the compliance filings as may be necessary or convenient to enable the Trust to make a continuous offering of its shares; (d) develop and prepare, with the assistance of the Trust's investment adviser, communications to shareholders, including the annual report to shareholders, coordinate the mailing of prospectuses, notices, proxy statements, proxies and other reports to Trust shareholders, and supervise and facilitate the proxy solicitation process for all shareholder meetings, including the tabulation of shareholder votes; (e) administer contracts on behalf of the Trust with, among others, the Trust's investment adviser, distributor and custodian; (f) calculate performance data of the Trust for dissemination to information services covering the investment company industry if so instructed by the adviser; (g) prepare and file all of the Trust's tax returns and prepare and mail annual Forms 1099, Forms W-2P and Forms 5498 to shareholders, with a copy to the Internal Revenue Service; (h) assist with the layout and printing of prospectuses and supplements thereto, and assist with and coordinate layout and printing of the Trust's semi-annual and annual reports to shareholders; (i) provide individuals reasonably acceptable to the Trust's Trustees to serve as officers of the Trust, who will be responsible for the management of certain of the Trust's affairs as determined by the Trustees; (j) advise the Trust and its Trustees on matters concerning the Trust and its affairs, including making recommendations regarding dividends and distributions; (k) obtain and keep in effect on behalf of the Trust fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of the 1940 Act and as such bonds and policies are approved by the Trustees; (l) monitor and advise the Trust and its Funds on their registered investment company status under the Internal Revenue Code of 1986; (m) monitor and advise the Trust and its Funds on compliance with applicable limitations as imposed by the 1940 Act and the rules and regulations thereunder or set forth in the Trust's or any Fund’s then current Prospectus or Statement of Additional Information; (n) provide such internal legal services as are requested by the Trust including, but not limited to, the coordination of meetings and preparation of materials for the quarterly and special meetings of the Trustees and meetings of the Trust’s shareholders; (o) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that all necessary information is made available to, the Trust's independent public accountants in connection with the preparation of any audit or report requested by the Trust; (p) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that the necessary information is made available to the Securities and Exchange Commission (the “SEC”) or any other regulatory authority in connection with any regulatory audit of the Trust or the investment adviser of the Trust; (q) perform all administrative services and functions of the Trust to the extent administrative services and functions are not provided to the Trust by other agents of the Trust; (r) prepare and file with the SEC the semi-annual report for the Trust on Form N-SAR, Form N-Q, Form N-CSR and all required notices pursuant to Rule 24f-2 under the 1940 Act; and (s) furnish advice and recommendations with respect to other aspects of the business and affairs of the Trust as the Trust and Ultimus shall determine desirable.
Appears in 2 contracts
Sources: Mutual Fund Services Agreement (Eubel Brady & Suttman Mutual Fund Trust), Mutual Fund Services Agreement (Eubel Brady & Suttman Mutual Fund Trust)
Administration Services. Ultimus shall provide the Trust with regulatory reporting services; shall provide all necessary office space, equipment, personnel, compensation and facilities for handling the affairs of the Trust; and shall provide such other services as the Trust may request that Ultimus ▇▇▇▇▇▇▇ perform consistent with its obligations under this Agreement. Without limiting the generality of the foregoing, Ultimus shall:
(a) calculate Trust expenses and administer all disbursements for the Trust, and as appropriate, compute the Trust's ’s yields, total return, expense ratios and portfolio turnover rate and any other metrics that may be required in the future due to regulatory changesrate;
(b) prepare and coordinate, in consultation with Trust counsel, and supervise the filing preparation of prospectuses, statements of additional information, registration statements and proxy materials;
(c) prepare such reports, notice filing forms and other documents (including reports regarding the sale and redemption of shares of the Trust as may be required in order to comply with federal and state securities law) as may be necessary or desirable to make notice filings relating to the Trust's ’s shares with state securities authorities, monitor the sale of Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the compliance filings as may be necessary or convenient to enable the Trust to make a continuous offering of its shares;
(d) develop and prepare, with the assistance of the Trust's ’s investment adviser, communications to shareholders, including the annual report to shareholders, coordinate the mailing of prospectuses, notices, proxy statements, proxies and other reports to Trust shareholders, and supervise and facilitate the proxy solicitation process for all shareholder meetings, including the tabulation of shareholder votes;
(e) administer contracts on behalf of the Trust with, among others, the Trust's ’s investment adviser, distributor and custodian;
(f) calculate performance data of the Trust for dissemination to information services covering the investment company industry if so instructed by the adviserindustry;
(g) prepare and file all of the Trust's ’s tax returns and prepare and mail annual Forms 1099, Forms W-2P and Forms 5498 to shareholders, with a copy to the Internal Revenue Service;
(h) assist with the layout and printing of prospectuses and supplements thereto, and assist with and coordinate layout and printing of the Trust's ’s semi-annual and annual reports to shareholders;
(i) provide individuals reasonably acceptable to the Trust's ’s Trustees to serve as officers of the Trust, who will be responsible for the management of certain of the Trust's ’s affairs as determined by the Trustees;
(j) advise the Trust and its Trustees on matters concerning the Trust and its affairs, including making recommendations regarding dividends and distributions;
(k) obtain and keep in effect on behalf of the Trust fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of the 1940 Act and as such bonds and policies are approved by the Trustees;
(l) monitor and advise the Trust and its Funds Portfolios on their registered investment company status under the Internal Revenue Code of 1986;
(m) monitor and advise the Trust and its Funds Portfolios on compliance with applicable limitations as imposed by the 1940 Act and the rules and regulations thereunder or set forth in the Trust's ’s or any FundPortfolio’s then current Prospectus or Statement of Additional Information;
(n) provide such internal legal services as are requested by the Trust including, but not limited to, the coordination of meetings and preparation of materials for the quarterly and special meetings of the Trustees and meetings of the Trust’s shareholders;
(o) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that all necessary information is made available to, the Trust's ’s independent public accountants in connection with the preparation of any audit or report requested by the Trust;
(p) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that the necessary information is made available to the Securities and Exchange Commission (the “SEC”) or any other regulatory authority in connection with any regulatory audit of the Trust or the investment adviser of the Trust;
(q) perform all administrative services and functions of the Trust to the extent administrative services and functions are not provided to the Trust by other agents of the Trust;
(r) prepare and file with the SEC (i) the semi-annual report reports for the Trust on Forms N-CSR, N-CEN, and N-PORT (ii) Form N-SAR, Form N-Q, Form N-CSR PX; and (iii) all required notices pursuant to Rule 24f-2 under the 1940 Act; and
(s) furnish advice and recommendations with respect to other aspects of the business and affairs of the Trust as the Trust and Ultimus ▇▇▇▇▇▇▇ shall determine desirable.
(t) provide assistance in the maintenance of a Liquidity Risk Management Program (“LRMP”) which meets the requirements of Rule 22e-4 under the 1940 Act. The LRMP shall include the following services: ● Provide data from each Fund’s books and records ● Assist in monitoring of each Fund’s highly liquid investment minimum, if applicable, and the level of illiquid investments. ● Assist with arranging Board notifications. ● Assist in the preparation of Form N-LIQUID. ● Add Adviser’s liquidity risk discussion to shareholder reports.
Appears in 2 contracts
Sources: Mutual Fund Services Agreement (Schwartz Investment Trust), Mutual Fund Services Agreement (Schwartz Investment Trust)
Administration Services. Ultimus The Administrator shall provide the Trust with regulatory reporting following services; shall provide all necessary office space, equipmentsubject to the control, personnelsupervision, compensation authorization and facilities for handling the affairs direction of the Trust; and shall provide such other services as the Trust may request that Ultimus perform consistent with its obligations under this Agreement. Without limiting the generality of the foregoingand, Ultimus shall:
(a) calculate Trust expenses and administer all disbursements for the Trust, and as in each case where appropriate, compute the review and comment by the Trust's yields, total return, expense ratios auditors and portfolio turnover rate legal counsel and any other metrics that in accordance with procedures which may be required in established from time to time between the future due to regulatory changes;Trust and the Administrator:
(b) prepare a. Prepare for review and coordinate, in consultation with Trust counsel, and supervise the filing of prospectuses, statements of additional information, registration statements and proxy materials;
(c) prepare such reports, notice filing forms and other documents (including reports regarding the sale and redemption of shares approval by officers of the Trust as may be required in order to comply with federal and state securities law) as may be necessary or desirable to make notice filings relating to the Trust's shares with state securities authorities, monitor the sale of Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the compliance filings as may be necessary or convenient to enable the Trust to make a continuous offering of its shares;
(d) develop and prepare, with the assistance of the Trust's investment adviser, communications to shareholders, including the annual report to shareholders, coordinate the mailing of prospectuses, notices, proxy statements, proxies and other reports to Trust shareholders, and supervise and facilitate the proxy solicitation process for all shareholder meetings, including the tabulation of shareholder votes;
(e) administer contracts on behalf of the Trust with, among others, the Trust's investment adviser, distributor and custodian;
(f) calculate performance data of the Trust for dissemination to Investment Funds' financial information services covering the investment company industry if so instructed by the adviser;
(g) prepare and file all of the Trust's tax returns and prepare and mail annual Forms 1099, Forms W-2P and Forms 5498 to shareholders, with a copy to the Internal Revenue Service;
(h) assist with the layout and printing of prospectuses and supplements thereto, and assist with and coordinate layout and printing of contained within the Trust's semi-annual and annual shareholder reports, Form N-Q reports to shareholdersand other quarterly reports (as mutually agreed upon), including tax footnote disclosures where applicable;
(i) provide individuals reasonably acceptable to b. Coordinate the Trust's Trustees to serve as officers of the Trust, who will be responsible for the management of certain audit of the Trust's affairs as determined financial statements by the TrusteesTrust's independent accountants, including the preparation of supporting audit workpapers and other schedules, and make such reports and recommendations to the Board concerning the performance of the independent accountants as the Board may reasonably request;
(j) advise the Trust and its Trustees on matters concerning the Trust and its affairs, including making recommendations regarding dividends and distributions;
(k) obtain and keep in effect on behalf c. Prepare for review by an officer of the Trust fidelity bonds the Trust's periodic financial reports required to be filed with the Securities and directors Exchange Commission ("SEC") on Form N-SAR and officers/errors financial information required by Form N-1A, Form N-CSR and omissions insurance policies for the Trust in accordance such other reports, forms or filings as may be mutually agreed upon;
d. Provide periodic testing of portfolios with respect to compliance with Internal Revenue Code mandatory qualification requirements, the requirements of the 1940 Act and as such bonds and policies are approved by the Trustees;
(l) monitor and advise the Trust and its Funds on their registered investment company status under the Internal Revenue Code of 1986;
(m) monitor and advise the Trust and its Funds on compliance with applicable Investment Funds' prospectus limitations as imposed by the 1940 Act and the rules and regulations thereunder or set forth in may be mutually agreed upon, including quarterly compliance reporting to the Trust's or any Fund’s then current Prospectus or Statement officers as well as preparation of Additional InformationBoard compliance materials;
(n) provide e. Prepare and furnish total return performance information, including such internal legal services information on an after-tax basis, calculated in accordance with applicable U.S. securities laws and regulations, as are may be reasonably requested by fund management;
f. Prepare and disseminate vendor survey information;
g. Prepare and coordinate the Trust includingfiling of Rule 24f-2 notices, but not limited to, the including coordination of meetings and preparation of materials for the quarterly and special meetings of the Trustees and meetings of the Trust’s shareholderspayment;
(o) cooperate with, and take all reasonable actions in h. Provide on a periodic basis information to the performance of Investment Funds' Chief Compliance Officer regarding State Street's compliance with its duties under this Agreement to ensure that all necessary information is made available to, the Trust's independent public accountants Compliance Program;
i. Provide sub-certificates in connection with the preparation certification requirements of any audit or report requested the Sarbanes-Oxley Act of 2002 wi▇▇ ▇▇▇▇▇▇▇ ▇▇ the services provided by the TrustState Street;
(p) cooperate with, j. Maintain certain books and take all reasonable actions in the performance of its duties under this Agreement to ensure that the necessary information is made available to the Securities and Exchange Commission (the “SEC”) or any other regulatory authority in connection with any regulatory audit records of the Trust or as required under Rule 31a-1(b) of the investment adviser 1940 Act, as may be mutually agreed upon;
k. Consult with the Trust's officers, independent accountants, legal counsel, custodian, fund accountant, distributor, and transfer agent in establishing the accounting policies of the Trust;
l. Compute tax basis provisions for both excise and income tax purposes;
m. Prepare each Investment Fund's federal, state, and local income tax returns and extension requests for review and for filing by the Trust's independent accountants and filing by the Trust's treasurer, including Form 1120-RIC, Form 8613 and Form 1099-MISC;
n. Coordinate Forms 1042/1042S with the Trust's transfer agent;
o. Review and sign off on periodic income distribution calculations and annual minimum distribution calculations (qincome and capital gain) perform all administrative services prior to their declaration;
p. Provide periodic certifications and functions reasonable documentation to the Chief Compliance Officer of the Trust to in connection with Rule 38a-1 of the extent administrative services and functions are not provided to 1940 Act;
q. Prepare for review by an officer of the Trust by other agents annual fund expense budgets, as necessary, perform accrual analyses and rollforward calculations and recommend changes to fund expense accruals on a periodic basis, arrange for payment of the Trust's expenses, review calculations of fees paid to the Trust's investment adviser, custodian, fund accountant, distributor and transfer agent, and obtain authorization of accrual changes and expense payments;
(r) prepare and file r. Prepare information for Section 852 mailings; and
s. Provide on a periodic basis information to the Investment Funds' Chief Compliance Officer regarding State Street's compliance with the SEC the semi-annual report its Compliance Program. The Administrator shall perform such other services for the Trust on Form N-SARthat are mutually agreed to by the parties from time to time, Form N-Q, Form N-CSR and all required notices pursuant to Rule 24f-2 under the 1940 Act; and
(s) furnish advice and recommendations with respect to other aspects of the business and affairs of for which the Trust will pay such fees as may be mutually agreed upon, including the Trust Administrator's reasonable out-of-pocket expenses. The provision of such services shall be subject to the terms and Ultimus conditions of this Agreement. The Administrator shall determine desirableprovide the office facilities and the personnel determined by it to perform the services contemplated herein.
Appears in 1 contract
Administration Services. Ultimus The Administrator shall provide the following services, subject to the authorization and direction of each Trust and, in each case where appropriate, the review and comment by the Trusts' independent accountants and legal counsel and in accordance with regulatory reporting services; shall provide all necessary office space, equipment, personnel, compensation procedures which may be established from time to time between the Trusts and facilities the Administrator: Fund Administration Treasury Services
a. Prepare for handling the affairs review by designated officer(s) of the Trust; and shall provide such other services as Trusts financial information regarding the Trust may request Fund(s) that Ultimus perform consistent with its obligations under this Agreement. Without limiting the generality of the foregoing, Ultimus shall:
(a) calculate Trust expenses and administer all disbursements for the Trust, and as appropriate, compute the Trust's yields, total return, expense ratios and portfolio turnover rate and any other metrics that may will be required included in the future due to regulatory changes;
(b) prepare and coordinate, in consultation with Trust counsel, and supervise the filing of prospectuses, statements of additional information, registration statements and proxy materials;
(c) prepare such reports, notice filing forms and other documents (including reports regarding the sale and redemption of shares of the Trust as may be required in order to comply with federal and state securities law) as may be necessary or desirable to make notice filings relating to the Trust's shares with state securities authorities, monitor the sale of Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the compliance filings as may be necessary or convenient to enable the Trust to make a continuous offering of its shares;
(d) develop and prepare, with the assistance of the Trust's investment adviser, communications to shareholders, including the annual report to shareholders, coordinate the mailing of prospectuses, notices, proxy statements, proxies and other reports to Trust shareholders, and supervise and facilitate the proxy solicitation process for all shareholder meetings, including the tabulation of shareholder votes;
(e) administer contracts on behalf of the Trust with, among others, the Trust's investment adviser, distributor and custodian;
(f) calculate performance data of the Trust for dissemination to information services covering the investment company industry if so instructed by the adviser;
(g) prepare and file all of the Trust's tax returns and prepare and mail annual Forms 1099, Forms W-2P and Forms 5498 to shareholders, with a copy to the Internal Revenue Service;
(h) assist with the layout and printing of prospectuses and supplements thereto, and assist with and coordinate layout and printing of the Trust's Trusts' semi-annual and annual shareholder reports, Form N-Q reports to shareholdersand other quarterly reports (as mutually agreed upon), including tax footnote disclosures where applicable;
(i) provide individuals reasonably acceptable b. Coordinate the audit of the Trusts' financial statements by the Trusts' independent accountants, including the preparation of supporting audit workpapers and other schedules, and make such reports and recommendations to the Trust's Trustees to serve as officers Board (or the Audit Committee of the Trust, who will be responsible for the management of certain of the Trust's affairs as determined by the Trustees;
Board (j"Audit Committee")) advise the Trust and its Trustees on matters concerning the Trust and its affairs, including making recommendations regarding dividends and distributions;
(k) obtain and keep in effect on behalf of the Trust fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of the 1940 Act and as such bonds and policies are approved by the Trustees;
(l) monitor and advise the Trust and its Funds on their registered investment company status under the Internal Revenue Code of 1986;
(m) monitor and advise the Trust and its Funds on compliance with applicable limitations as imposed by the 1940 Act and the rules and regulations thereunder or set forth in the Trust's or any Fund’s then current Prospectus or Statement of Additional Information;
(n) provide such internal legal services as are requested by the Trust including, but not limited to, the coordination of meetings and preparation of materials for the quarterly and special meetings of the Trustees and meetings of the Trust’s shareholders;
(o) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement the independent accountants as the Board or the Audit Committee may reasonably request;
c. Prepare for the review by designated officer(s) of the Trusts the Trusts' periodic financial reports required to ensure that all necessary be filed with the SEC on Form N-SAR and financial information is made available torequired by Form N-1A, the Trust's independent public accountants proxy statements and such other reports, forms or filings as may be mutually agreed upon;
d. Provide sub-certificates in connection with the preparation certification requirements of any audit or report requested the Sarbanes-Oxley Act of 2002 with respect to the ▇▇▇▇ices provided by the Administrator; Fund Administration Tax Services
e. Compute tax basis provisions for both excise and income tax purposes;
f. Prepare the Fund(s)' federal, state, and local income tax returns and extension requests for review and for execution and filing by the Trusts' independent accountants and execution and filing by the Trust's treasurer, including Form 1120-RIC, Form 8613 and Form 1099-MISC;
(p) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that the necessary information is made available to the Securities and Exchange Commission (the “SEC”) or any other regulatory authority in connection with any regulatory audit of the Trust or the investment adviser of the Trust;
(q) perform all administrative services and functions of the Trust to the extent administrative services and functions are not provided to the Trust by other agents of the Trust;
(r) prepare and file with the SEC the semig. Coordinate Form 1099-annual report for the Trust on Form N-SAR, Form N-Q, Form N-CSR and all required notices pursuant to Rule 24f-2 under the 1940 ActDIV mailings; and
h. Review and sign off on annual minimum distribution calculations (sincome and capital gain) furnish advice prior to their declaration. The Administrator shall perform such other services for the Trusts that are mutually agreed to by the parties from time to time, for which the Trusts will pay such fees as may be mutually agreed upon, including the Administrator's reasonable out-of-pocket expenses. The provision of such services shall be subject to the terms and recommendations with respect conditions of this Agreement. The Administrator shall provide the office facilities and the personnel determined by it to other aspects of perform the business and affairs of the Trust as the Trust and Ultimus shall determine desirableservices contemplated herein.
Appears in 1 contract
Administration Services. Ultimus shall provide the Trust with regulatory reporting services; shall provide all necessary office space, equipment, personnel, compensation and facilities for handling the affairs of the Trust; and shall provide such other services as the Trust may request that Ultimus perform consistent with its obligations under this Agreement. Without limiting the generality of the foregoing, Ultimus shall:
(a) calculate Trust expenses and administer all disbursements for the Trust, and as appropriate, compute the Trust's yields, total return, expense ratios and portfolio turnover rate and any other metrics that may be required in the future due to regulatory changesrate;
(b) prepare and coordinate, in consultation with Trust counsel, and supervise the filing preparation of prospectuses, statements of additional information, registration statements and proxy materials;
(c) prepare such reports, notice filing forms and other documents (including reports regarding the sale and redemption of shares of the Trust as may be required in order to comply with federal and state securities law) as may be necessary or desirable to make notice filings relating to the Trust's shares with state securities authorities, monitor the sale of Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the compliance filings as may be necessary or convenient to enable the Trust to make a continuous offering of its shares;
(d) develop and prepare, with the assistance of the Trust's investment adviser, communications to shareholders, including the annual report to shareholders, coordinate the mailing of prospectuses, notices, proxy statements, proxies and other reports to Trust shareholders, and supervise and facilitate the proxy solicitation process for all shareholder meetings, including the tabulation of shareholder votes;
(e) administer contracts on behalf of the Trust with, among others, the Trust's investment adviser, distributor and custodian;
(f) calculate performance data of the Trust for dissemination to information services covering the investment company industry if so instructed by the adviserindustry;
(g) prepare and file all of the Trust's tax returns and prepare and mail annual Forms 1099, Forms W-2P and Forms 5498 to shareholders, with a copy to the Internal Revenue Service;
(h) assist with and coordinate the layout and printing of prospectuses and supplements thereto, and assist with and coordinate layout and printing of the Trust's semi-annual and annual reports to shareholders, and any proxy statements or other documents to be mailed to shareholders from time to time;
(i) provide individuals reasonably acceptable to the Trust's Trustees to serve as officers of the Trust, who will be responsible for the management of certain of the Trust's affairs as determined by the Trustees;
(j) advise the Trust and its Trustees on matters concerning the Trust and its affairs, including making recommendations regarding dividends and distributions;
(k) obtain and keep in effect on behalf of the Trust fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of the 1940 Act and as such bonds and policies are approved by the Trustees;
(l) monitor and advise the Trust and its Funds Portfolios on their registered investment company status under the Internal Revenue Code of 1986;
(m) monitor and advise the Trust and its Funds Portfolios on compliance with applicable limitations as imposed by the 1940 Act and the rules and regulations thereunder or set forth in the Trust's or any FundPortfolio’s then current Prospectus or Statement of Additional Information;
(n) provide such internal legal services as are requested by the Trust including, but not limited to, the coordination of meetings and preparation of materials for the quarterly and special meetings of the Trustees and meetings of the Trust’s shareholders;
(o) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that all necessary information is made available to, the Trust's independent public accountants in connection with the preparation of any audit or report requested by the Trust;
(p) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that the necessary information is made available to the Securities and Exchange Commission (the “SEC”) or any other regulatory authority in connection with any regulatory audit of the Trust or the investment adviser of the Trust;
(q) perform all administrative services and functions of the Trust to the extent administrative services and functions are not provided to the Trust by other agents of the Trust;
(r) prepare and file with the SEC the semi-annual report for the Trust on Form N-SAR, Form N-Q, Form N-CSR SAR and all required notices pursuant to Rule 24f-2 under the 1940 Act; and
(s) furnish advice and recommendations with respect to other aspects of the business and affairs of the Trust as the Trust and Ultimus shall determine desirable.
Appears in 1 contract
Administration Services. Ultimus shall provide the Trust with regulatory reporting services; shall provide all necessary office space, equipment, personnel, compensation and facilities for handling the affairs of the Trust; and shall provide such other services as the Trust may request that Ultimus perform consistent with its obligations under this Agreement. Without limiting the generality of the foregoing, Ultimus shall:
(a) calculate Trust expenses and administer all disbursements for the Trust, and as appropriate, compute the Trust's yields, total return, expense ratios and portfolio turnover rate and any other metrics that may be required in the future due to regulatory changesrate;
(b) prepare and coordinate, in consultation with Trust counsel, and supervise the filing preparation of prospectuses, statements of additional information, registration statements and proxy materials;
(c) prepare such reports, notice filing forms and other documents (including reports regarding the sale and redemption of shares of the Trust as may be required in order to comply with federal and state securities law) as may be necessary or desirable to make notice filings relating to the Trust's shares with state securities authorities, monitor the sale of Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the compliance filings as may be necessary or convenient to enable the Trust to make a continuous offering of its shares;
(d) develop and prepare, with the assistance of the Trust's investment adviser, communications to shareholders, including the annual report to shareholders, coordinate the mailing of prospectuses, notices, proxy statements, proxies and other reports to Trust shareholders, and supervise and facilitate the proxy solicitation process for all shareholder meetings, including the tabulation of shareholder votes;
(e) administer contracts on behalf of the Trust with, among others, the Trust's investment adviser, distributor and custodian;
(f) calculate performance data of the Trust for dissemination to information services covering the investment company industry if so instructed by the adviserindustry;
(g) prepare and file all of the Trust's tax returns and prepare and mail annual Forms 1099, Forms W-2P and Forms 5498 to shareholders, with a copy to the Internal Revenue Service;
(h) assist with the layout and printing of prospectuses and supplements thereto, and assist with and coordinate layout and printing of the Trust's semi-annual and annual reports to shareholders;
(i) provide individuals reasonably acceptable to the Trust's Trustees to serve as officers of the Trust, who will be responsible for the management of certain of the Trust's affairs as determined by the Trustees;
(j) advise the Trust and its Trustees on matters concerning the Trust and its affairs, including making recommendations regarding dividends and distributions;
(k) obtain and keep in effect on behalf of the Trust fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of the 1940 Act and as such bonds and policies are approved by the Trustees;
(l) monitor and advise the Trust and its Funds Portfolios on their registered investment company status under the Internal Revenue Code of 1986;
(m) monitor and advise the Trust and its Funds Portfolios on compliance with applicable limitations as imposed by the 1940 Act and the rules and regulations thereunder or set forth in the Trust's or any FundPortfolio’s then current Prospectus or Statement of Additional Information;
(n) provide such internal legal services as are requested by the Trust including, but not limited to, the coordination of meetings and preparation of materials for the quarterly and special meetings of the Trustees and meetings of the Trust’s shareholders;
; (o) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that all necessary information is made available to, the Trust's independent public accountants in connection with the preparation of any audit or report requested by the Trust;
(p) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that the necessary information is made available to the Securities and Exchange Commission (the “SEC”) or any other regulatory authority in connection with any regulatory audit of the Trust or the investment adviser of the Trust;
(q) perform all administrative services and functions of the Trust to the extent administrative services and functions are not provided to the Trust by other agents of the Trust;
(r) prepare and file with the SEC the semi-annual report for the Trust on Form N-SAR, Form N-Q, Form N-CSR SAR and all required notices pursuant to Rule 24f-2 under the 1940 Act; and
(s) furnish advice and recommendations with respect to other aspects of the business and affairs of the Trust as the Trust and Ultimus shall determine desirable.
Appears in 1 contract
Administration Services. Ultimus shall provide the Trust with regulatory reporting services; shall provide all necessary office space, equipment, personnel, compensation and facilities for handling the affairs of the Trust; and shall provide such other services as the Trust may request that Ultimus perform consistent with its obligations under this Agreement. Without limiting the generality of the foregoing, Ultimus shall:
(a) calculate Trust expenses and administer all disbursements for the Trust, and as appropriate, compute the Trust's yields, total return, expense ratios and portfolio turnover rate and any other metrics that may be required in the future due to regulatory changesrate;
(b) prepare and coordinate, in consultation with Trust counsel, and supervise the filing preparation of prospectuses, statements of additional information, registration statements and proxy materials;
(c) prepare such reports, notice filing forms and other documents (including reports regarding the sale and redemption of shares of the Trust as may be required in order to comply with federal and state securities law) as may be necessary or desirable to make notice filings relating to the Trust's shares with state securities authorities, monitor the sale of Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the compliance filings as may be necessary or convenient to enable the Trust to make a continuous offering of its shares;
(d) develop and prepare, with the assistance of the Trust's investment adviser, communications to shareholders, including the annual report to shareholders, coordinate the mailing of prospectuses, notices, proxy statements, proxies and other reports to Trust shareholders, and supervise and facilitate the proxy solicitation process for all shareholder meetings, including the tabulation of shareholder votes;
(e) administer contracts on behalf of the Trust with, among others, the Trust's investment adviser, distributor and custodian;
(f) calculate performance data of the Trust for dissemination to information services covering the investment company industry if so instructed by the adviserindustry;
(g) prepare and file all of the Trust's tax returns and prepare and mail annual Forms 1099, Forms W-2P and Forms 5498 to shareholders, with a copy to the Internal Revenue Service;
(h) assist with and coordinate the layout and printing of prospectuses and supplements thereto, and assist with and coordinate layout and printing of the Trust's semi-annual and annual reports to shareholders, and any proxy statements or other documents to be mailed to shareholders from time to time;
(i) provide individuals reasonably acceptable to the Trust's Trustees to serve as officers of the Trust, who will be responsible for the management of certain of the Trust's affairs as determined by the Trustees;
(j) advise the Trust and its Trustees on matters concerning the Trust and its affairs, including making recommendations regarding dividends and distributions;
(k) obtain and keep in effect on behalf of the Trust fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of the 1940 Act and as such bonds and policies are approved by the Trustees;
(l) monitor and advise the Trust and its Funds Portfolios on their registered investment company status under the Internal Revenue Code of 1986;
(m) monitor and advise the Trust and its Funds Portfolios on compliance with applicable limitations as imposed by the 1940 Act and the rules and regulations thereunder or set forth in the Trust's or any Fund’s Portfolio's then current Prospectus or Statement of Additional Information;
(n) provide such internal legal services as are requested by the Trust including, but not limited to, the coordination of meetings and preparation of materials for the quarterly and special meetings of the Trustees and meetings of the Trust’s 's shareholders;
(o) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that all necessary information is made available to, the Trust's independent public accountants in connection with the preparation of any audit or report requested by the Trust;
(p) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that the necessary information is made available to the Securities and Exchange Commission (the “"SEC”") or any other regulatory authority in connection with any regulatory audit of the Trust or the investment adviser of the Trust;
(q) perform all administrative services and functions of the Trust to the extent administrative services and functions are not provided to the Trust by other agents of the Trust;
(r) prepare and file with the SEC the semi-annual report for the Trust on Form N-SAR, Form N-Q, Form N-CSR SAR and all required notices pursuant to Rule 24f-2 under the 1940 Act; and
(s) furnish advice and recommendations with respect to other aspects of the business and affairs of the Trust as the Trust and Ultimus shall determine desirable.
Appears in 1 contract
Administration Services. Ultimus shall provide the Trust with regulatory reporting services; shall provide all necessary office space, equipment, personnel, compensation and facilities for handling the affairs of the Trust; and shall provide such other services as the Trust may request that Ultimus perform consistent with its obligations under this Agreement. Without limiting the generality of the foregoing, Ultimus shall:
(a) calculate Trust each Portfolio's expenses and administer all disbursements for the Trusteach Portfolio, and as appropriate, compute the Trusta Portfolio's yields, total return, expense ratios and portfolio turnover rate and any other metrics that may be required in the future due to regulatory changesrate;
(b) prepare and coordinate, in consultation with Trust counsel, and supervise the filing preparation of prospectuses, statements of additional information, registration statements and proxy materials;
(c) prepare such reports, notice filing forms and other documents (including reports regarding the sale and redemption of shares of the Trust a Portfolio as may be required in order to comply with federal and state securities law) as may be necessary or desirable to make notice filings relating to the Trusta Portfolio's shares with state securities authorities, monitor the sale of Trust Portfolio shares for compliance with state securities laws, and file with the appropriate state securities authorities the compliance filings as may be necessary or convenient to enable the Trust a Portfolio to make a continuous offering of its shares;
(d) develop and prepare, with the assistance of the Trust's investment adviser, communications to shareholders, including the annual report to shareholders, coordinate the mailing of prospectuses, notices, proxy statements, proxies and other reports to Trust shareholders, and supervise and facilitate the proxy solicitation process for all shareholder meetings, including the tabulation of shareholder votes;
(e) administer contracts on behalf of the Trust with, among others, the Trust's investment adviser, distributor and custodian;
(f) calculate performance data of the Trust each Portfolio for dissemination to information services covering the investment company industry if so instructed by the adviserindustry;
(gf) prepare and file all of the Trust's tax returns of each Portfolio and prepare and mail annual Forms 1099, Forms W-2P 1099 and Forms 5498 to shareholders, with a copy to the Internal Revenue Service;
(hg) assist with manage the layout and printing of prospectuses and supplements thereto, and assist with manage and coordinate layout and printing of the Trusteach Portfolio's semi-annual and annual reports to shareholders;
(ih) provide individuals reasonably acceptable to the Trust's Trustees trustees to serve as officers of the Trust, if so elected by the Board of Trustees, who will be responsible for the management administration of certain of the Trust's affairs as determined by the Trustees;
(j) advise the Trust and its Trustees on matters concerning the Trust and its affairs, including making recommendations regarding dividends and distributions;
(ki) obtain and keep in effect on behalf of the Trust Trust, and make all necessary filings regarding, fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of the 1940 Act and as such bonds and policies are approved by the Trustees;
(lj) monitor and advise the Trust and its Funds Portfolios on their registered investment company status under the Internal Revenue Code of 1986;
(mk) monitor and advise the Trust and its Funds on Portfolios' compliance with applicable limitations as imposed by the 1940 Act and the rules and regulations thereunder or set forth in the Trust's or any Fund’s Portfolio's then current Prospectus or Statement of Additional Information;
(nl) provide such internal legal services as are requested by the Trust including, but not limited to, the coordination of coordinate meetings and preparation of prepare, in consultation with Trust counsel, materials for the quarterly and special meetings of the Trustees and meetings of the Trust’s 's shareholders;
(om) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that all necessary information is made available to, to the Trust's independent public accountants in connection with the preparation of any audit or report requested by the Trust;
(pn) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that the necessary information is made available to the Securities and Exchange Commission (the “"SEC”") or any other regulatory authority in connection with any regulatory audit of the Trust or the investment adviser of the Trust;
(qo) perform all administrative services and functions of the Trust to the extent administrative services and functions are not provided to the Trust by other agents service providers of the Trust;
(rp) prepare and file with the SEC SEC: (i) the semi-annual report reports for the Trust on Form N-SAR, SAR and N-CSR; (ii) Form N-Q, ; (iii) Form N-CSR PX; and (iv) all required notices pursuant to Rule 24f-2 under the 1940 Act; and
(s) furnish advice and recommendations with respect to other aspects of the business and affairs of the Trust as the Trust and Ultimus shall determine desirable.
Appears in 1 contract
Administration Services. Ultimus shall provide the Trust with regulatory reporting services; shall provide all necessary office space, equipment, personnel, compensation and facilities for handling the affairs of the Trust; and shall provide such other services as the Trust may request that Ultimus perform consistent with its obligations under this Agreement. Without limiting the generality of the foregoing, Ultimus shall:
(a) calculate Trust expenses and administer all disbursements for the Trust, and as appropriate, compute the Trust's yields, total return, expense ratios and portfolio turnover rate and any other metrics that may be required in the future due to regulatory changesrate;
(b) prepare and coordinate, in consultation with Trust counsel, and supervise the filing preparation of prospectuses, statements of additional information, registration statements and proxy materials;
(c) prepare such reports, notice filing forms and other documents (including reports regarding the sale and redemption of shares of the Trust as may be required in order to comply with federal and state securities law) as may be necessary or desirable to make notice filings relating to the Trust's shares with state securities authorities, monitor the sale of Trust shares for compliance with state securities laws, ,and file with the appropriate state securities authorities the compliance filings as may be necessary or convenient to enable the Trust to make a continuous offering of its shares;
(d) develop and prepare, with the assistance of the Trust's investment adviser, communications to shareholders, including the annual report to shareholders, coordinate the mailing of prospectuses, notices, proxy statements, proxies and other reports to Trust shareholders, and supervise and facilitate the proxy solicitation process for all shareholder meetings, including the tabulation of shareholder votes;
(e) administer contracts on behalf of the Trust with, among others, the Trust's investment adviser, distributor and custodian;
(f) calculate performance data of the Trust for dissemination to information services covering the investment company industry if so instructed by the adviserindustry;
(g) prepare and file all of the Trust's tax returns and prepare and mail annual Forms 1099, Forms W-2P and Forms 5498 to shareholders, with a copy to the Internal Revenue Service;
(h) assist with the layout and printing of prospectuses and supplements thereto, and assist with and coordinate layout and printing of the Trust's semi-annual and annual reports to shareholders;
(i) provide individuals reasonably acceptable to the Trust's Trustees to serve as officers of the Trust, who will be responsible for the management of certain of the Trust's affairs as determined by the Trustees;
(j) advise the Trust and its Trustees on matters concerning the Trust and its affairs, including making recommendations regarding dividends and distributions;
(k) obtain and keep in effect on behalf of the Trust fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of the 1940 Act and as such bonds and policies are approved by the Trustees;
(l) monitor and advise the Trust and its Funds Portfolios on their registered investment company status under the Internal Revenue Code of 1986;
(m) monitor and advise the Trust and its Funds Portfolios on compliance with applicable limitations as imposed by the 1940 Act and the rules and regulations thereunder or set forth in the Trust's or any Fund’s Portfolio's then current Prospectus or Statement of Additional Information;
(n) provide such internal legal services as are requested by the Trust including, but not limited to, the coordination of meetings and preparation of materials for the quarterly and special meetings of the Trustees and meetings of the Trust’s 's shareholders;
(o) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that all necessary information is made available to, the Trust's independent public accountants in connection with the preparation of any audit or report requested by the Trust;
(p) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that the necessary information is made available to the Securities and Exchange Commission (the “"SEC”") or any other regulatory authority in connection with any regulatory audit of the Trust or the investment adviser of the Trust;
(q) perform all administrative services and functions of the Trust to the extent administrative services and functions are not provided to the Trust by other agents of the Trust;
(r) prepare and file with the SEC the semi-annual report for the Trust on Form N-SAR, Form N-Q, Form N-CSR SAR and all required notices pursuant to Rule 24f-2 under the 1940 Act; and
(s) furnish advice and recommendations with respect to other aspects of the business and affairs of the Trust as the Trust and Ultimus shall determine desirable.
Appears in 1 contract
Sources: Mutual Fund Services Agreement (Schwartz Investment Trust)
Administration Services. Ultimus shall provide the Trust with regulatory reporting services; shall provide all necessary office space, equipment, personnel, compensation and facilities for handling the affairs of the Trust; and shall provide such other services as the Trust may request that Ultimus ▇▇▇▇▇▇▇ perform consistent with its obligations under this Agreement. Without limiting the generality of the foregoing, Ultimus shall:
(a) calculate Trust expenses and administer all disbursements for the Trust, and as appropriate, compute the Trust's ’s yields, total return, expense ratios and portfolio turnover rate and any other metrics that may be required in the future due to regulatory changesrate;
(b) prepare and coordinate, in consultation with Trust counsel, and supervise the filing preparation of prospectuses, statements of additional information, registration statements and proxy materials;
(c) prepare such reports, notice filing forms and other documents (including reports regarding the sale and redemption of shares of the Trust as may be required in order to comply with federal and state securities law) as may be necessary or desirable to make notice filings relating to the Trust's ’s shares with state securities authorities, monitor the sale of Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the compliance filings as may be necessary or convenient to enable the Trust to make a continuous offering of its shares;
(d) develop and prepare, with the assistance of the Trust's ’s investment adviseradvisers, communications to shareholders, including the annual report to shareholders, coordinate the mailing of prospectuses, notices, proxy statements, proxies and other reports to Trust shareholders, and supervise and facilitate the proxy solicitation process for all shareholder meetings, including the tabulation of shareholder votes;
(e) administer contracts on behalf of the Trust with, among others, the Trust's ’s investment adviseradvisers, distributor and custodian;
(f) calculate performance data of the Trust for dissemination to information services covering the investment company industry if so instructed by the adviserindustry;
(g) if requested, prepare and file all of the Trust's ’s tax returns and prepare and mail annual Forms 1099, Forms W-2P and Forms 5498 to shareholders, with a copy to the Internal Revenue Service;
(h) assist with the layout and printing of prospectuses and supplements thereto, and assist with and coordinate layout and printing of the Trust's ’s semi-annual and annual reports to shareholders;
(i) provide individuals reasonably acceptable to the Trust's ’s Trustees to serve as officers of the Trust, who will be responsible for the management of certain of the Trust's ’s affairs as determined by the Trustees;
(j) advise the Trust and its Trustees on matters concerning the Trust and its affairs, including making recommendations regarding dividends and distributions;
(k) obtain and keep in effect on behalf of the Trust fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of the 1940 Act and as such bonds and policies are approved by the Trustees;
(l) monitor and advise the Trust and its Funds Portfolios on their registered investment company status under the Internal Revenue Code of 1986;
(m) monitor and advise the Trust and its Funds Portfolios on compliance with applicable limitations as imposed by the 1940 Act and the rules and regulations thereunder or set forth in the Trust's ’s or any FundPortfolio’s then current Prospectus or Statement of Additional Information;
(n) provide such internal legal services as are requested by the Trust including, but not limited to, the coordination of meetings and preparation of materials for the quarterly and special meetings of the Trustees and meetings of the Trust’s shareholders;
(o) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that all necessary information is made available to, the Trust's ’s independent public accountants in connection with the preparation of any audit or report requested by the Trust;
(p) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that the necessary information is made available to the Securities and Exchange Commission (the “SEC”) or any other regulatory authority in connection with any regulatory audit of the Trust or the an investment adviser of the Trust;
(q) perform all administrative services and functions of the Trust to the extent administrative services and functions are not provided to the Trust by other agents of the Trust;
(r) prepare and file with the SEC the semi-annual report for the Trust on Form N-SARCEN, the monthly reports of the Trust on Form N-QPORT, Form N-CSR and all required notices pursuant to Rule 24f-2 under the 1940 Act; and;
(s) furnish advice and recommendations with respect to other aspects of the business and affairs of the Trust as the Trust and Ultimus ▇▇▇▇▇▇▇ shall determine desirable.; and
(t) provide assistance in the adoption and maintenance of a Liquidity Risk Management Program (“LRMP”) which meets the requirements of Rule 22e-4 under the 1940 Act. The LRMP shall include the following services: ● Develop and implement the Trust’s written LRMP ● Perform an in-depth evaluation of the adequacy of each investment adviser’s written LRMP to ensure compatibility with the Trust’s LRMP ● Assist with the preparation of periodic reporting and annual reports to the Board, including collecting and incorporating investment adviser reports ● Provide data from each Portfolio’s books and records ● Assist in monitoring of each Portfolio’s highly liquid investment minimum, if applicable, and level of illiquid investments ● Assist with arranging Board notifications ● Assist in the preparation of Form N-LIQUID ● Add each investment adviser’s liquidity risk discussion to shareholder reports
Appears in 1 contract
Sources: Mutual Fund Services Agreement (Williamsburg Investment Trust)
Administration Services. Ultimus shall provide the Trust with regulatory reporting services; shall provide all necessary office space, equipment, personnel, compensation and facilities for handling the affairs of the Trust; and shall provide such other services as the Trust may request that Ultimus perform consistent with its obligations under this Agreement. Without limiting the generality of the foregoing, Ultimus shall:
(a) calculate Trust expenses and administer all disbursements for the Trust, and as appropriate, compute the Trust's yields, total return, expense ratios and portfolio turnover rate and any other metrics that may be required in the future due to regulatory changesrate;
(b) prepare and coordinate, in consultation with Trust counsel, and supervise the filing preparation of prospectuses, statements of additional information, registration statements and proxy materials;
(c) prepare such reports, notice filing forms and other documents (including reports regarding the sale and redemption of shares of the Trust as may be required in order to comply with federal and state securities law) as may be necessary or desirable to make notice filings relating to the Trust's shares with state securities authorities, monitor the sale of Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the compliance filings as may be necessary or convenient to enable the Trust to make a continuous offering of its shares;
(d) develop and prepare, with the assistance of the Trust's investment adviseradvisers, communications to shareholders, including the annual report to shareholders, coordinate the mailing of prospectuses, notices, proxy statements, proxies and other reports to Trust shareholders, and supervise and facilitate the proxy solicitation process for all shareholder meetings, including the tabulation of shareholder votes;
(e) administer contracts on behalf of the Trust with, among others, the Trust's investment adviseradvisers, distributor and custodian;
(f) calculate performance data of the Trust for dissemination to information services covering the investment company industry if so instructed by the adviserindustry;
(g) if requested, prepare and file all of the Trust's tax returns and prepare and mail annual Forms 1099, Forms W-2P and Forms 5498 to shareholders, with a copy to the Internal Revenue Service;
(h) assist with the layout and printing of prospectuses and supplements thereto, and assist with and coordinate layout and printing of the Trust's semi-annual and annual reports to shareholders;
(i) provide individuals reasonably acceptable to the Trust's Trustees to serve as officers of the Trust, who will be responsible for the management of certain of the Trust's affairs as determined by the Trustees;
(j) advise the Trust and its Trustees on matters concerning the Trust and its affairs, including making recommendations regarding dividends and distributions;
(k) obtain and keep in effect on behalf of the Trust fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of the 1940 Act and as such bonds and policies are approved by the Trustees;
(l) monitor and advise the Trust and its Funds Portfolios on their registered investment company status under the Internal Revenue Code of 1986;
(m) monitor and advise the Trust and its Funds Portfolios on compliance with applicable limitations as imposed by the 1940 Act and the rules and regulations thereunder or set forth in the Trust's or any FundPortfolio’s then current Prospectus or Statement of Additional Information;
(n) provide such internal legal services as are requested by the Trust including, but not limited to, the coordination of meetings and preparation of materials for the quarterly and special meetings of the Trustees and meetings of the Trust’s shareholders;
(o) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that all necessary information is made available to, the Trust's independent public accountants in connection with the preparation of any audit or report requested by the Trust;
(p) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that the necessary information is made available to the Securities and Exchange Commission (the “SEC”) or any other regulatory authority in connection with any regulatory audit of the Trust or the an investment adviser of the Trust;
(q) perform all administrative services and functions of the Trust to the extent administrative services and functions are not provided to the Trust by other agents of the Trust;
(r) prepare and file with the SEC the semi-annual report for the Trust on Form N-SARCEN, the monthly reports of the Trust on Form N-QPORT, Form N-CSR and all required notices pursuant to Rule 24f-2 under the 1940 Act; and;
(s) furnish advice and recommendations with respect to other aspects of the business and affairs of the Trust as the Trust and Ultimus shall determine desirable.; and
(t) provide assistance in the adoption and maintenance of a Liquidity Risk Management Program (“LRMP”) which meets the requirements of Rule 22e-4 under the 1940 Act. The LRMP shall include the following services: · Develop and implement the Trust’s written LRMP · Perform an in-depth evaluation of the adequacy of each investment adviser’s written LRMP to ensure compatibility with the Trust’s LRMP
Appears in 1 contract
Sources: Mutual Fund Services Agreement (Williamsburg Investment Trust)
Administration Services. Ultimus The Administrator shall provide the following services, in each case, subject to the control, supervision and direction of the Trust and the review and comment by the Trust's auditors and legal counsel and in accordance with regulatory reporting services; shall provide all necessary office space, equipment, personnel, compensation procedures which may be established from time to time between the Trust and facilities for handling the affairs Administrator:
a. Oversee the determination and publication of the Trust; and shall provide such other services as the Trust may request that Ultimus perform consistent 's net asset value in accordance with its obligations under this Agreement. Without limiting the generality of the foregoing, Ultimus shall:
(a) calculate Trust expenses and administer all disbursements for the Trust, and as appropriate, compute the Trust's yields, total return, expense ratios and portfolio turnover rate and any other metrics that may be required in policy as adopted from time to time by the future due to regulatory changesBoard;
(b) prepare b. Oversee the maintenance by the Trust's custodian of certain books and coordinate, in consultation with Trust counsel, and supervise the filing of prospectuses, statements of additional information, registration statements and proxy materials;
(c) prepare such reports, notice filing forms and other documents (including reports regarding the sale and redemption of shares records of the Trust as may be required in order to comply with federal and state securities lawunder Rule 31a-1(b) as may be necessary or desirable to make notice filings relating to of the 1940 Act;
c. Prepare the Trust's shares with federal, state securities authoritiesand local income tax returns for review by the Trust's independent accountants and filing by the Trust's treasurer;
d. Prepare annual computation of tax basis distribution requirements for both excise and regular tax purposes;
e. Review calculation, monitor the sale submit for approval by officers of Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the compliance filings as may be necessary or convenient to enable the Trust to make a continuous offering of its shares;
(d) develop and prepare, with the assistance arrange for payment of the Trust's investment adviser, communications to shareholders, including the annual report to shareholders, coordinate the mailing of prospectuses, notices, proxy statements, proxies and other reports to Trust shareholders, and supervise and facilitate the proxy solicitation process for all shareholder meetings, including the tabulation of shareholder votesexpenses;
(e) administer contracts on behalf f. Prepare for review and approval by officers of the Trust with, among others, the Trust's investment adviser, distributor and custodian;
(f) calculate performance data of the Trust financial information for dissemination to information services covering the investment company industry if so instructed by the adviser;
(g) prepare and file all of the Trust's tax returns and prepare and mail annual Forms 1099, Forms W-2P and Forms 5498 to shareholders, with a copy to the Internal Revenue Service;
(h) assist with the layout and printing of prospectuses and supplements thereto, and assist with and coordinate layout and printing of the Trust's semi-annual and annual reports, and other communications required or otherwise to be sent to Trust shareholders, and arrange for the printing and dissemination of such reports and communications to shareholders;
(i) provide individuals g. Prepare all year-to-date proofs, audit workpapers and audit confirmations as may be reasonably acceptable to the Trust's Trustees to serve as officers of the Trust, who will be responsible for the management of certain of the Trust's affairs as determined by the Trustees;
(j) advise the Trust and its Trustees on matters concerning the Trust and its affairs, including making recommendations regarding dividends and distributions;
(k) obtain and keep in effect on behalf of the Trust fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of the 1940 Act and as such bonds and policies are approved by the Trustees;
(l) monitor and advise the Trust and its Funds on their registered investment company status under the Internal Revenue Code of 1986;
(m) monitor and advise the Trust and its Funds on compliance with applicable limitations as imposed by the 1940 Act and the rules and regulations thereunder or set forth in the Trust's or any Fund’s then current Prospectus or Statement of Additional Information;
(n) provide such internal legal services as are requested by the Trust including, but not limited to, the coordination of meetings and preparation of materials for the quarterly and special meetings of the Trustees and meetings of the Trust’s shareholders;
(o) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that all necessary information is made available to, the Trust's independent public accountants; h Prepare for review by an officer of, legal counsel and independent accountants in connection with for the preparation of any audit or report requested by Trust the Trust;
(p) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement 's periodic financial reports required to ensure that the necessary information is made available to be filed with the Securities and Exchange Commission (the “"SEC”") or any other regulatory authority in connection with any regulatory audit of the Trust or the investment adviser of the Trust;
(q) perform all administrative services and functions of the Trust to the extent administrative services and functions are not provided to the Trust by other agents of the Trust;
(r) prepare and file with the SEC the semi-annual report for the Trust on Form N-SARSAR and financial information required by Form N-1A and such other reports, Form N-Q, Form N-CSR and all required notices pursuant forms or filings as may be mutually agreed upon;
i. Prepare reports relating to Rule 24f-2 under the 1940 Act; and
(s) furnish advice and recommendations with respect to other aspects of the business and affairs of the Trust as may be mutually agreed upon and not otherwise prepared by the Trust's investment adviser, custodian, legal counsel or independent accountants;
j. Make such reports and recommendations to the Board concerning the performance of the independent accountants as the Board may reasonably request;
k. Make such reports and recommendations to the Board concerning the performance and fees of the Trust's custodian and transfer and dividend disbursing agent ("Transfer Agent") as the Board may reasonably request or deems appropriate;
l. Oversee and review calculations of fees paid to the Trust's investment adviser, custodian and Transfer Agent;
m. Consult with the Trust's officers, independent accountants, legal counsel, custodian and Transfer Agent in establishing the accounting policies of the Trust;
n. Respond to, or refer to the Trust's officers or Transfer Agent, shareholder inquiries relating to the Trust;
o. Provide periodic testing of portfolios to assist the Trust's investment adviser in complying with Internal Revenue Code mandatory qualification requirements, the requirements of the 1940 Act and Trust prospectus limitations as may be mutually agreed upon;
p. Maintain general corporate calendar;
q. Maintain copies of the Trust's Declaration of Trust and By-laws;
r. File annual and semi-annual shareholder reports with the appropriate regulatory agencies; review text of "President's letters" to shareholders and "Management's Discussion of Trust Performance" (which shall also be subject to review by the Trust's legal counsel);
s. Organize, attend and prepare minutes of shareholder meetings;
t. Provide consultation on regulatory matters relating to portfolio management, Trust operations and any potential changes in the Trust's investment policies, operations or structure; act as liaison to legal counsel to the Trust and, where applicable, to legal counsel to the Trust's independent Board members;
u. Maintain continuing awareness of significant emerging regulatory and legislative developments which may affect the Trust, update the Board and the investment adviser on those developments and provide related planning assistance where requested or appropriate;
v. Develop or assist in developing guidelines and procedures to improve overall compliance by the Trust and Ultimus its various agents;
w. Counsel and assist the Trust in the handling of routine regulatory examinations and work closely with the Trust's legal counsel in response to any non-routine regulatory matters; Subject to review and comment by the Trust's legal counsel:
x. Prepare for filing with the SEC amendments to the Trust's registration statement, including updating the Prospectus and Statement of Additional Information, where applicable;
y. Prepare for filing with the SEC proxy statements; provide consultation on proxy solicitation matters;
z. Prepare agenda and background materials for Board meetings, make presentations where appropriate, prepare minutes and follow-up on matters raised at Board meetings;
aa. Prepare and file with the SEC Rule 24f-2 notices; and
bb. Perform Blue Sky services pursuant to the specific instructions of the Trust and as detailed in Schedule B to this Agreement. The Administrator shall determine desirableprovide the office facilities and the personnel required by it to perform the services contemplated herein.
Appears in 1 contract
Administration Services. Ultimus The Administrator shall provide the Trust with regulatory reporting following services; shall provide all necessary office space, equipmentsubject to the control, personnelsupervision, compensation authorization and facilities for handling the affairs direction of the Trust; and shall provide such other services as the Trust may request that Ultimus perform consistent with its obligations under this Agreement. Without limiting the generality of the foregoingand, Ultimus shall:
(a) calculate Trust expenses and administer all disbursements for the Trust, and as in each case where appropriate, compute the review and comment by the Trust's yields, total return, expense ratios auditors and portfolio turnover rate legal counsel and any other metrics that in accordance with procedures which may be required in established from time to time between the future due to regulatory changes;Trust and the Administrator:
(b) prepare a. Prepare for review and coordinate, in consultation with Trust counsel, and supervise the filing of prospectuses, statements of additional information, registration statements and proxy materials;
(c) prepare such reports, notice filing forms and other documents (including reports regarding the sale and redemption of shares approval by officers of the Trust as may be required in order to comply with federal and state securities law) as may be necessary or desirable to make notice filings relating to the Trust's shares with state securities authorities, monitor the sale of Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the compliance filings as may be necessary or convenient to enable the Trust to make a continuous offering of its shares;
(d) develop and prepare, with the assistance of the Trust's investment adviser, communications to shareholders, including the annual report to shareholders, coordinate the mailing of prospectuses, notices, proxy statements, proxies and other reports to Trust shareholders, and supervise and facilitate the proxy solicitation process for all shareholder meetings, including the tabulation of shareholder votes;
(e) administer contracts on behalf of the Trust with, among others, the Trust's investment adviser, distributor and custodian;
(f) calculate performance data of the Trust for dissemination to Investment Funds' financial information services covering the investment company industry if so instructed by the adviser;
(g) prepare and file all of the Trust's tax returns and prepare and mail annual Forms 1099, Forms W-2P and Forms 5498 to shareholders, with a copy to the Internal Revenue Service;
(h) assist with the layout and printing of prospectuses and supplements thereto, and assist with and coordinate layout and printing of contained within the Trust's semi-annual and annual shareholder reports, Form N-Q reports to shareholdersand other quarterly reports (as mutually agreed upon), including tax footnote disclosures where applicable;
(i) provide individuals reasonably acceptable to b. Coordinate the Trust's Trustees to serve as officers of the Trust, who will be responsible for the management of certain audit of the Trust's affairs as determined financial statements by the TrusteesTrust's independent accountants, including the preparation of supporting audit workpapers and other schedules, and make such reports and recommendations to the Board concerning the performance of the independent accountants as the Board may reasonably request;
(j) advise the Trust and its Trustees on matters concerning the Trust and its affairs, including making recommendations regarding dividends and distributions;
(k) obtain and keep in effect on behalf c. Prepare for review by an officer of the Trust fidelity bonds the Trust's periodic financial reports required to be filed with the Securities and directors Exchange Commission ("SEC") on Form N-SAR and officers/errors financial information required by Form N-1A, Form N-CSR and omissions insurance policies for the Trust in accordance such other reports, forms or filings as may be mutually agreed upon;
d. Provide periodic testing of portfolios with respect to compliance with Internal Revenue Code mandatory qualification requirements, the requirements of the 1940 Act and as such bonds and policies are approved by the Trustees;
(l) monitor and advise the Trust and its Funds on their registered investment company status under the Internal Revenue Code of 1986;
(m) monitor and advise the Trust and its Funds on compliance with applicable Investment Funds' prospectus limitations as imposed by the 1940 Act and the rules and regulations thereunder or set forth in may be mutually agreed upon, including quarterly compliance reporting to the Trust's or any Fund’s then current Prospectus or Statement officers as well as preparation of Additional InformationBoard compliance materials;
(n) provide e. Prepare and furnish total return performance information, including such internal legal services information on an after-tax basis, calculated in accordance with applicable U.S. securities laws and regulations, as are may be reasonably requested by fund management;
f. Prepare and disseminate vendor survey information;
g. Prepare and coordinate the Trust includingfiling of Rule 24f-2 notices, but not limited to, the including coordination of meetings and preparation of materials for the quarterly and special meetings of the Trustees and meetings of the Trust’s shareholderspayment;
(o) cooperate with, and take all reasonable actions in h. Provide on a periodic basis information to the performance of Investment Funds' Chief Compliance Officer regarding Rydex's compliance with its duties under this Agreement to ensure that all necessary information is made available to, the Trust's independent public accountants Compliance Program;
i. Provide sub-certificates in connection with the preparation certification requirements of any audit or report requested the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002 with respect to the services provided by the TrustRydex;
(p) cooperate with, j. Maintain certain books and take all reasonable actions in the performance of its duties under this Agreement to ensure that the necessary information is made available to the Securities and Exchange Commission (the “SEC”) or any other regulatory authority in connection with any regulatory audit records of the Trust or as required under Rule 31a-1(b) of the investment adviser 1940 Act, as may be mutually agreed upon;
k. Consult with the Trust's officers, independent accountants, legal counsel, custodian, fund accountant, distributor, and transfer agent in establishing the accounting policies of the Trust;
l. Compute tax basis provisions for both excise and income tax purposes;
m. Prepare each Investment Fund's federal, state, and local income tax returns and extension requests for review and for filing by the Trust's independent accountants and filing by the Trust's treasurer, including Form 1120-RIC, Form 8613 and Form 1099-MISC;
n. Coordinate Forms 1042/1042S with the Trust's transfer agent;
o. Review and sign off on periodic income distribution calculations and annual minimum distribution calculations (qincome and capital gain) perform all administrative services prior to their declaration;
p. Provide periodic certifications and functions reasonable documentation to the Chief Compliance Officer of the Trust to in connection with Rule 38a-1 of the extent administrative services and functions are not provided to 1940 Act;
q. Prepare for review by an officer of the Trust by other agents annual fund expense budgets, as necessary, perform accrual analyses and rollforward calculations and recommend changes to fund expense accruals on a periodic basis, arrange for payment of the Trust's expenses, review calculations of fees paid to the Trust's investment adviser, custodian, fund accountant, distributor and transfer agent, and obtain authorization of accrual changes and expense payments;
(r) prepare and file r. Prepare information for Section 852 mailings; and
s. Provide on a periodic basis information to the Investment Funds' Chief Compliance Officer regarding Rydex's compliance with the SEC the semi-annual report its Compliance Program. The Administrator shall perform such other services for the Trust on Form N-SARthat are mutually agreed to by the parties from time to time, Form N-Q, Form N-CSR and all required notices pursuant to Rule 24f-2 under the 1940 Act; and
(s) furnish advice and recommendations with respect to other aspects of the business and affairs of for which the Trust will pay such fees as may be mutually agreed upon, including the Trust Administrator's reasonable out-of-pocket expenses. The provision of such services shall be subject to the terms and Ultimus conditions of this Agreement. The Administrator shall determine desirableprovide the office facilities and the personnel determined by it to perform the services contemplated herein.
Appears in 1 contract
Administration Services. Ultimus shall provide the Trust with regulatory reporting services; shall provide all necessary office space, equipment, personnel, compensation and facilities for handling the affairs of the Trust; and shall provide such other services as the Trust may request that Ultimus perform consistent with its obligations under this Agreement. Without limiting the generality of the foregoing, Ultimus shall:
(a) calculate Trust expenses and administer all disbursements for the Trust, and as appropriate, compute the Trust's yields, total return, expense ratios and portfolio turnover rate and any other metrics that may be required in the future due to regulatory changes;
(b) prepare and coordinate, in consultation with Trust counsel, and supervise the filing of prospectuses, statements of additional information, registration statements and proxy materials;
(c) prepare such reports, notice filing forms and other documents (including reports regarding the sale and redemption of shares of the Trust as may be required in order to comply with federal and state securities law) as may be necessary or desirable to make notice filings relating to the Trust's shares with state securities authorities, monitor the sale of Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the compliance filings as may be necessary or convenient to enable the Trust to make a continuous offering of its shares;
(dc) develop and prepare, with the assistance of the Trust's investment adviser, communications to shareholders, including the annual report to shareholders, coordinate the mailing of prospectuses, notices, proxy statements, proxies and other reports to Trust shareholders, and supervise and facilitate the proxy solicitation process for all shareholder meetings, including the tabulation of shareholder votes;
(ed) administer contracts on behalf of the Trust with, among others, the Trust's investment adviser, distributor and custodian;
(fe) calculate performance data of the Trust for dissemination to information services covering the investment company industry if so instructed by the Trust’s investment adviser;
(gf) prepare assist the Trust’s independent public accountants with the preparation and file filing of all of the Trust's tax returns returns, and prepare and mail annual Forms 1099, Forms W-2P and Forms 5498 to shareholders, with a copy to the Internal Revenue Service;
(hg) assist with the layout and printing of prospectuses and supplements thereto, and assist with and coordinate layout and printing of the Trust's semi-annual and annual reports to shareholders;
(ih) provide individuals reasonably acceptable to the Trust's Trustees to serve as officers of the Trust, who will be responsible for the management of certain of the Trust's affairs as determined by the Trustees;
(ji) advise the Trust and its Trustees on matters concerning the Trust and its affairs, including making recommendations regarding dividends and distributions;
(kj) obtain coordinate the acquisition of and keep in effect maintain on behalf of the Trust fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of the 1940 Act and as such bonds and policies are approved by the Trustees;
(lk) monitor and advise the Trust and its the Funds on their registered investment company status under the Internal Revenue Code of 1986;
(ml) monitor assist the Trust’s investment adviser and Chief Compliance Officer in monitoring and advise the Trust and its the Funds on compliance with applicable limitations as imposed by the 1940 Act and the rules and regulations thereunder or set forth in the Trust's or any Fund’s then current Prospectus or Statement of Additional Information;
(nm) provide such internal legal services as are requested by the assist Trust including, but not limited to, the coordination of meetings and counsel with preparation of various reports and materials for the quarterly and special meetings Board of the Trustees meetings; attend and meetings participate in Board of the Trust’s shareholdersTrustees meetings;
(on) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that all necessary information is made available to, the Trust's independent public accountants in connection with the preparation of any audit or report requested by the Trust;
(po) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that the necessary information is made available to to, the Securities and Exchange Commission (the “SEC”) or any other regulatory authority in connection with any regulatory audit of the Trust or the investment adviser of the Trust;
(qp) perform all reasonable and customary administrative services and functions of the Trust to the extent such administrative services and functions are not provided to the Trust by other agents of the Trust;
(rq) prepare and file with the SEC the semi-annual report for the Trust on Form N-SAR, Form N-Q, Form N-CSR and all required notices pursuant to Rule 24f-2 under the 1940 Act; and
(sr) furnish advice and recommendations with respect to other aspects of the business and affairs of the Trust as the Trust and Ultimus shall determine desirable.
Appears in 1 contract
Sources: Mutual Fund Services Agreement (BPV Family of Funds)
Administration Services. Ultimus shall provide the Trust with regulatory reporting services; shall provide all necessary office space, equipment, personnel, compensation and facilities for handling the affairs of the Trust; and shall provide such other services as the Trust may request that Ultimus U▇▇▇▇▇▇ perform consistent with its obligations under this Agreement. Without limiting the generality of the foregoing, Ultimus shall:
(a) calculate Trust expenses and administer all disbursements for the Trust, and as appropriate, compute the Trust's yields, total return, expense ratios and portfolio turnover rate and any other metrics that may be required in the future due to regulatory changesrate;
(b) prepare and coordinate, in consultation with Trust counsel, and supervise the filing preparation of prospectuses, statements of additional information, registration statements and proxy materials;
(c) prepare such reports, notice filing forms and other documents (including reports regarding the sale and redemption of shares of the Trust as may be required in order to comply with federal and state securities law) as may be necessary or desirable to make notice filings relating to the Trust's shares with state securities authorities, monitor the sale of Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the compliance filings as may be necessary or convenient to enable the Trust to make a continuous offering of its shares;
(d) develop and prepare, with the assistance of the Trust's investment adviseradvisers, communications to shareholders, including the annual report to shareholders, coordinate the mailing of prospectuses, notices, proxy statements, proxies and other reports to Trust shareholders, and supervise and facilitate the proxy solicitation process for all shareholder meetings, including the tabulation of shareholder votes;
(e) administer contracts on behalf of the Trust with, among others, the Trust's investment adviseradvisers, distributor and custodian;
(f) calculate performance data of the Trust for dissemination to information services covering the investment company industry if so instructed by the adviserindustry;
(g) if requested, prepare and file all of the Trust's tax returns and prepare and mail annual Forms 1099, Forms W-2P and Forms 5498 to shareholders, with a copy to the Internal Revenue Service;
(h) assist with the layout and printing of prospectuses and supplements thereto, and assist with and coordinate layout and printing of the Trust's semi-annual and annual reports to shareholders;
(i) provide individuals reasonably acceptable to the Trust's Trustees to serve as officers of the Trust, who will be responsible for the management of certain of the Trust's affairs as determined by the Trustees;
(j) advise the Trust and its Trustees on matters concerning the Trust and its affairs, including making recommendations regarding dividends and distributions;
(k) obtain and keep in effect on behalf of the Trust fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of the 1940 Act and as such bonds and policies are approved by the Trustees;
(l) monitor and advise the Trust and its Funds Portfolios on their registered investment company status under the Internal Revenue Code of 1986;
(m) monitor and advise the Trust and its Funds Portfolios on compliance with applicable limitations as imposed by the 1940 Act and the rules and regulations thereunder or set forth in the Trust's or any FundPortfolio’s then current Prospectus or Statement of Additional Information;
(n) provide such internal legal services as are requested by the Trust including, but not limited to, the coordination of meetings and preparation of materials for the quarterly and special meetings of the Trustees and meetings of the Trust’s shareholders;
(o) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that all necessary information is made available to, the Trust's independent public accountants in connection with the preparation of any audit or report requested by the Trust;
(p) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that the necessary information is made available to the Securities and Exchange Commission (the “SEC”) or any other regulatory authority in connection with any regulatory audit of the Trust or the an investment adviser of the Trust;
(q) perform all administrative services and functions of the Trust to the extent administrative services and functions are not provided to the Trust by other agents of the Trust;
(r) prepare and file with the SEC the semi-annual report for the Trust on Form N-SARCEN, the monthly reports of the Trust on Form N-QPORT, Form N-CSR and all required notices pursuant to Rule 24f-2 under the 1940 Act; and;
(s) furnish advice and recommendations with respect to other aspects of the business and affairs of the Trust as the Trust and Ultimus U▇▇▇▇▇▇ shall determine desirable.; and
(t) provide assistance in the adoption and maintenance of a Liquidity Risk Management Program (“LRMP”) which meets the requirements of Rule 22e-4 under the 1940 Act, which shall include the following services: · Provide data from each Portfolio’s books and records · Assist with arranging Board notifications · Assist in the preparation of Form N-RN
Appears in 1 contract
Sources: Mutual Fund Services Agreement (Williamsburg Investment Trust)
Administration Services. Ultimus shall provide the Trust each Company with regulatory reporting services; shall provide all necessary office space, equipment, personnel, compensation and facilities for handling the affairs of the TrustCompanies; and shall provide such other services as the Trust each Company may request that Ultimus perform consistent with its obligations under this Agreement. Without limiting the generality of the foregoing, Ultimus shall:
(a) calculate Trust each Company's expenses and administer all disbursements for the Trusteach Company, and as appropriate, compute the Trusta Company's yields, total return, expense ratios and portfolio turnover rate and any other metrics that may be required in the future due to regulatory changesrate;
(b) prepare and coordinate, in consultation with Trust Company counsel, and supervise the filing preparation of prospectuses, statements of additional information, registration statements and proxy materials;
(c) prepare such reports, notice filing forms and other documents (including reports regarding the sale and redemption of shares of the Trust a Company as may be required in order to comply with federal and state securities law) as may be necessary or desirable to make notice filings relating to the Trusta Company's shares with state securities authorities, monitor the sale of Trust Company shares for compliance with state securities laws, and file with the appropriate state securities authorities the compliance filings as may be necessary or convenient to enable the Trust a Company to make a continuous offering of its shares;
(d) develop and prepare, with the assistance of the Trusta Company's investment adviser, communications to shareholders, including the annual report to shareholders, coordinate the mailing of prospectuses, notices, proxy statements, proxies and other reports to Trust Company shareholders, and supervise and facilitate the proxy solicitation process for all shareholder meetings, including the tabulation of shareholder votes;
(e) administer contracts on behalf of the Trust a Company with, among others, the TrustCompany's investment adviser, sub-adviser, distributor and custodian;
(f) calculate performance data of the Trust each Company for dissemination to information services covering the investment company industry if so instructed by the adviserindustry;
(g) prepare and file all of the Trust's Company tax returns and prepare and mail annual Forms 1099, Forms W-2P and Forms 5498 to shareholders, with a copy to the Internal Revenue Service;
(h) assist with manage the layout and printing of prospectuses and supplements thereto, and assist with manage and coordinate layout and printing of the Trusta Company's semi-annual and annual reports to shareholders;
(i) provide individuals reasonably acceptable to the TrustCompany's Trustees Directors to serve as officers of the TrustCompany, who will be responsible for the management of certain of the TrustCompany's affairs as determined by the TrusteesDirectors;
(j) advise the Trust Company and its Trustees Directors on matters concerning the Trust Company and its affairs, including making recommendations regarding dividends and distributions;
(k) obtain and keep in effect on behalf of the Trust Company, and make all necessary filings regarding, fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust Company in accordance with the requirements of the 1940 Act and as such bonds and policies are approved by the TrusteesDirectors;
(l) monitor and advise the Trust and its Funds Companies on their registered investment company status under the Internal Revenue Code of 1986;
(m) monitor and advise the Trust and its Funds Companies on compliance with applicable limitations as imposed by the 1940 Act and the rules and regulations thereunder or set forth in the TrustCompany's or any Fund’s then current Prospectus or Statement of Additional Information;
(n) provide such internal legal services as are requested by the Trust Company including, but not limited to, the coordination of meetings and preparation of materials for the quarterly and special meetings of the Trustees Directors and meetings of the Trust’s Company's shareholders;
(o) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that all necessary information is made available to, to the TrustCompany's independent public accountants in connection with the preparation of any audit or report requested by the TrustCompany;
(p) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that the necessary information is made available to the Securities and Exchange Commission (the “"SEC”") or any other regulatory authority in connection with any regulatory audit of the Trust a Company or the investment adviser of the Trusta Company;
(q) perform all administrative services and functions of the Trust Company to the extent administrative services and functions are not provided to the Trust Company by other agents of the TrustCompany;
(r) prepare and file with the SEC SEC: (i) the semi-annual report reports for the Trust Company on Form N-SAR, SAR and N-CSR; (ii) Form N-Q, ; (iii) Form N-CSR PX; and (iv) all required notices pursuant to Rule 24f-2 under the 1940 Act; and
(s) furnish advice and recommendations with respect to other aspects of the business and affairs of the Trust Company as the Trust Company and Ultimus shall determine desirable.
Appears in 1 contract
Sources: Mutual Fund Services Agreement (Managed Municipal Fund Inc)
Administration Services. Ultimus shall provide the Trust with regulatory reporting services; shall provide all necessary office space, equipment, personnel, compensation and facilities for handling the affairs of the Trust; and shall provide such other services as the Trust may request that Ultimus perform consistent with its obligations under this Agreement. Without limiting the generality of the foregoing, Ultimus shall:
(a) calculate Trust expenses and administer all disbursements for the Trust, and as appropriate, compute the Trust's yields, total return, expense ratios and portfolio turnover rate and any other metrics that may be required in the future due to regulatory changesrate;
(b) prepare and coordinate, in consultation with Trust counsel, and supervise the filing preparation of prospectuses, statements of additional information, registration statements and proxy materials;
(c) prepare such reports, notice filing forms and other documents (including reports regarding the sale and redemption of shares of the Trust as may be required in order to comply with federal and state securities law) as may be necessary or desirable to make notice filings relating to the Trust's shares with state securities authorities, monitor the sale of Trust shares for compliance with state securities laws, and file with the appropriate state securities authorities the compliance filings as may be necessary or convenient to enable the Trust to make a continuous offering of its shares;
(d) develop and prepare, with the assistance of the Trust's investment adviser, communications to shareholders, including the annual report to shareholders, coordinate the mailing of prospectuses, notices, proxy statements, proxies and other reports to Trust shareholders, and supervise and facilitate the proxy solicitation process for all shareholder meetings, including the tabulation of shareholder votes;
(e) administer contracts on behalf of the Trust with, among others, the Trust's investment adviser, distributor and custodian;
(f) calculate performance data of the Trust for dissemination to information services covering the investment company industry if so instructed by the adviserindustry;
(g) prepare and file all of the Trust's tax returns and prepare and mail annual Forms 1099, Forms W-2P and Forms 5498 to shareholders, with a copy to the Internal Revenue Service;
(h) assist with the layout and printing of prospectuses and supplements thereto, and assist with and coordinate layout and printing of the Trust's semi-annual and annual reports to shareholders;
(i) provide individuals reasonably acceptable to the Trust's Trustees to serve as officers of the Trust, who will be responsible for the management of certain of the Trust's affairs as determined by the Trustees;
(j) advise the Trust and its Trustees on matters concerning the Trust and its affairs, including making recommendations regarding dividends and distributions;
(k) obtain and keep in effect on behalf of the Trust fidelity bonds and directors and officers/errors and omissions insurance policies for the Trust in accordance with the requirements of the 1940 Act and as such bonds and policies are approved by the Trustees;
(l) monitor and advise the Trust and its Funds Portfolios on their registered investment company status under the Internal Revenue Code of 1986;
(m) monitor and advise the Trust and its Funds Portfolios on compliance with applicable limitations as imposed by the 1940 Act and the rules and regulations thereunder or set forth in the Trust's or any Fund’s Portfolio's then current Prospectus or Statement of Additional Information; Ultimus shall provide the Trustees of the Trust with a report on such compliance at the Board's regularly scheduled meetings or as otherwise requested;
(n) provide such internal legal services as are requested by the Trust including, but not limited to, the coordination of meetings and preparation of materials for the quarterly and special meetings of the Trustees and meetings of the Trust’s 's shareholders;
(o) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that all necessary information is made available to, the Trust's independent public accountants in connection with the preparation of any audit or report requested by the Trust;
(p) cooperate with, and take all reasonable actions in the performance of its duties under this Agreement to ensure that the necessary information is made available to the Securities and Exchange Commission (the “"SEC”") or any other regulatory authority in connection with any regulatory audit of the Trust or the investment adviser of the Trust;
(q) perform all administrative services and functions of the Trust to the extent administrative services and functions are not provided to the Trust by other agents of the Trust;
(r) prepare and file with the SEC the semi-annual report for the Trust on Form N-SAR, Form N-Q, Form N-CSR SAR and all required notices pursuant to Rule 24f-2 under the 1940 Act; and
(s) furnish advice and recommendations with respect to other aspects of the business and affairs of the Trust as the Trust and Ultimus shall determine desirable.
Appears in 1 contract
Sources: Mutual Fund Services Agreement (Malachi Millennium Income Trust)