Appointment as Sub-Advisor. The Advisor hereby appoints the Sub-Advisor to act as investment adviser for and to manage the Sub-Advisor Assets, subject to the supervision of the Advisor and the Board of Trustees of the Trust, and subject to the terms of this Agreement; and the Sub-Advisor hereby accepts such appointment. In such capacity, the Sub-Advisor shall be responsible for the investment management of the Sub-Advisor Assets. The Sub-Advisor agrees to exercise the same degree of skill, care and diligence in performing its services under this Agreement as the Sub-Advisor exercises in performing similar services with respect to other fiduciary accounts for which the Sub-Advisor has investment responsibilities, and that a prudent manager would exercise under the circumstances.
Appointment as Sub-Advisor. The Advisor hereby appoints the Sub-Advisor to act as investment adviser for and to manage the Sub-Advisor Assets, subject to the supervision of the Advisor and the Board of Trustees of the Trust, and subject to the terms of this Agreement; and the Sub-Advisor hereby accepts such appointment. In such capacity, the Sub-Advisor shall be responsible for the investment management of the Sub-Advisor Assets. The Sub-Advisor shall exercise its best judgment in rendering the services hereunder.
Appointment as Sub-Advisor. The Advisor hereby appoints the Sub-Advisor to act as investment adviser for and to manage the Sub-Advisor Assets, subject to the supervision of the Advisor and the Board of Trustees of the Trust, and subject to the terms of this Agreement; and the Sub-Advisor hereby accepts such appointment. In such capacity, the Sub-Advisor shall be responsible for the investment management of the Sub-Advisor Assets. The Sub-Advisor agrees to exercise the same degree of skill, care and diligence in performing its services under this Agreement as the Sub-Advisor exercises in performing similar services with respect to similar fiduciary accounts for which the Sub-Advisor has investment responsibilities, and that a prudent manager would exercise under the circumstances. The Sub-Advisor is authorized to engage any of its affiliates to provide the Sub-Advisor with investment management or advisory and related services with respect to the Sub-Advisor’s performance of its obligations under this Agreement. The Sub-Advisor shall remain liable to the Advisor for the performance of the Sub-Advisor’s obligations under this Agreement, and for the acts and omissions of such affiliates, and the Advisor shall not be responsible for any fees which any affiliate may charge to the Sub-Advisor in connection with such services.
Appointment as Sub-Advisor. The Advisor hereby appoints the Sub-Advisor to act as investment adviser for and to implement each Fund's respective investment strategy, as determined by the Non-Discretionary Sub-Advisor with respect to, the Sub-Advisor Assets, subject to the supervision of the Advisor and the Board of Trustees of the Trust, and subject to the terms of this Agreement; and the Sub-Advisor hereby accepts such appointment. In such capacity, the Sub-Advisor shall be responsible for the investment management of the Sub-Advisor Assets in accordance with the investment advice provided by the Non-Discretionary Sub-Advisor. The Sub-Advisor agrees to exercise the same degree of skill, care and diligence in performing its services under this Agreement as the Sub-Advisor exercises in performing similar services with respect to other fiduciary accounts for which the Sub-Advisor has investment responsibilities, and that a prudent manager would exercise under the circumstances.
Appointment as Sub-Advisor. The Advisor hereby retains the Sub-advisor to act as an investment sub-advisor for the Funds listed on Schedule A of this Agreement, subject to the supervision of the Advisor and the Board, and subject to the terms of this Agreement, and Sub-advisor hereby accepts such appointment.
Appointment as Sub-Advisor. The Advisor hereby appoints the Sub-Advisor to act as investment adviser for and to manage the Sub-Advisor Assets, subject to the supervision of the Advisor and the Board of Trustees of the Trust, and subject to the terms of this Agreement; and the Sub-Advisor hereby accepts such appointment. In such capacity, the Sub-Advisor shall be responsible for the investment management of the Sub-Advisor Assets. The Sub-Advisor shall be required to act with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims. In rendering the services required under this Agreement, the Sub-Advisor may, from time to time, employ, delegate or associate itself with such affiliated persons as it believes necessary to assist it in carrying out its obligations under this Agreement; provided however, that (i) such assistance shall not involve such person serving as an “investment adviser” to the Fund within the meaning of the 1940 Act, (ii) the Sub-Advisor shall remain liable to the Advisor for the performance of the Sub-Advisor’s obligations under this Agreement and for the acts and omissions of such other persons, and (iii) the Advisor shall not be responsible for any fees that any such person may charge to the Sub-Advisor in connection with such services.
Appointment as Sub-Advisor. (a) AssetMark hereby appoints Research Affiliates to act as investment adviser for and to provide investment advice regarding the management of the RAFI™ Portfolios, subject to the supervision of AssetMark and the Board of Trustees of the Trust, and subject to the terms of this Agreement; and Research Affiliates hereby accepts such appointment. In such capacity, Research Affiliates shall be responsible for providing investment advice regarding the management of the RAFI™ Portfolios consistent with the RAFI™ approach and the Funds’ related investment policies, all as described in the Funds’ prospectus and statement of additional information as currently in effect and as amended from time to time (collectively referred to as the “Prospectus”), which advice shall include the provision of information regarding target portfolio structure, growth and value characteristics of the securities within the relevant indices, and advice regarding the minimization of index tracking error. Research Affiliates agrees to exercise the same degree of skill, care and diligence in performing its services under this Agreement as Research Affiliates exercises in performing advisory services with respect to other fiduciary accounts for which Research Affiliates has investment responsibilities, and that a prudent manager would exercise under the circumstances.
Appointment as Sub-Advisor. The Advisor hereby appoints the Sub-Advisor to act as investment adviser for and to provide investment advice regarding the management of each Altegris Sub-Advised Fund, subject to the supervision of the Advisor and the Board of Trustees of the Trust, and subject to the terms of this Agreement; and the Sub-Advisor hereby accepts such appointment. In such capacity, the Sub-Advisor shall be responsible for providing investment advice regarding the management of each Altegris Sub-Advised Fund consistent with the Altegris Sub-Advised Fund’s investment policies as described in the prospectus and statement of additional information as currently in effect and as amended from time to time (collectively referred to as the “Prospectus”) and any investment guidelines provided to the Sub-Advisor by the Advisor. The Sub-Advisor agrees to exercise the same degree of skill, care and diligence in performing its services under this Agreement as the Sub-Advisor exercises in performing similar services with respect to other fiduciary accounts for which the Sub-Advisor has investment responsibilities, and that a prudent manager would exercise under the circumstances.
Appointment as Sub-Advisor. The Advisor hereby appoints the Sub-Advisor to act as investment adviser for and to manage the Sub-Advisor Assets, subject to the supervision of the Advisor and the Board of Trustees of the Trust, and subject to the terms of this Agreement; and the Sub-Advisor hereby accepts such appointment. In such capacity, the Sub-Advisor shall be responsible for the investment management of the Sub-Advisor Assets. The Sub-Advisor shall be required to act with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims.
Appointment as Sub-Advisor. The Advisor hereby appoints the Sub-Advisor to act as investment adviser for and to manage the Sub-Advisor Assets, subject to the supervision of the Advisor and the Board of Trustees of the Trust, and subject to the terms of this Agreement; and the Sub-Advisor hereby accepts such appointment. In such capacity, the Sub-Advisor shall be responsible for the investment management of the Sub-Advisor Assets. The Sub-Advisor agrees to exercise the same degree of skill, care and diligence in performing its services under this Agreement as the Sub-Advisor exercises in performing similar services with respect to other fiduciary accounts for which the Sub-Advisor has investment responsibilities, and that a prudent manager would exercise under the circumstances. In the event that the Trust establishes one or more series of shares other than the MGI US Small/Mid Cap Growth Equity Fund with respect to which Advisor desires to retain Sub-Advisor to render investment advisory services hereunder, Advisor shall so notify Sub-Advisor in writing, indicating the advisory fee to be payable with respect to the additional series of shares. If Sub-Advisor is willing to render such services on the terms provided for herein, it shall so notify Advisor in writing, whereupon such series shall become a Fund hereunder and such notification by Sub-Advisor shall become a schedule to this Agreement.
