Common use of Fund Compliance Services Clause in Contracts

Fund Compliance Services. Subject to the approval and oversight of the Board of Trustees, the Administrator will maintain oversight of a compliance program for the Trust consistent with Rule 38a-1 under the Investment Company Act of 1940 that includes a Trust Chief Compliance Officer (CCO) responsible for administering the Trust’s policies and procedures adopted under Rule 38a-1 of the Investment Company Act of 1940 (“1940 Act”). The CCO and Fund compliance officers (“Fund Compliance Team”) will conduct an initial due diligence review of each Investment Adviser and sub-adviser of a Fund and will provide information to the Board of Trustees regarding the policies and procedures that each Investment Adviser and sub-adviser has adopted pursuant to Rule 38a-1 under the 1940 Act on behalf of the Fund(s) for which it serves as Investment Adviser or sub-adviser (“Fund Compliance Programs”). The Fund Compliance Team will facilitate quarterly and annual reporting to the Board of Trustees regarding the operation and effectiveness of the Fund Compliance Programs and will serve as a liaison between the Investment Adviser or sub-adviser and the Board of Trustees regarding material compliance matters that arise relating to the Fund Compliance Programs. *** THIS DOCUMENT CONSTITUTES CONFIDENTIAL INFORMATION OF SEI GLOBAL SERVICES, INC. Enhanced Services: Upon request by a Fund, the Administrator may, at its discretion, provide the following enhanced services. In the sole discretion of the Administrator, the provision of any enhanced services by the Administrator may be subject to the completion of a Statement of Work detailing the terms relating to the performance of any Enhanced Services.

Fund Compliance Services. Subject to the approval and oversight of the Board of Trustees, the Administrator will maintain oversight of a compliance program for the Trust consistent with Rule 38a-1 under the Investment Company Act of 1940 that includes a Trust Chief Compliance Officer (CCO) responsible for administering the Trust’s policies and procedures adopted under Rule 38a-1 38a- 1 of the Investment Company Act of 1940 (“1940 Act”). The CCO and Fund compliance officers (“Fund Compliance Team”) will conduct an initial due diligence review of each Investment Adviser and sub-adviser of a Fund and will provide information to the Board of Trustees regarding the policies and procedures that each Investment Adviser and sub-adviser has adopted pursuant to Rule 38a-1 under the 1940 Act on behalf of the Fund(s) for which it serves as Investment Adviser or sub-adviser (“Fund Compliance Programs”). The Fund Compliance Team will facilitate quarterly and annual reporting to the Board of Trustees regarding the operation and effectiveness of the Fund Compliance Programs and will serve as a liaison between the Investment Adviser or sub-adviser and the Board of Trustees regarding material compliance matters that arise relating to the Fund Compliance Programs. *** THIS DOCUMENT CONSTITUTES CONFIDENTIAL INFORMATION OF SEI GLOBAL SERVICES, INC. Enhanced Services: Upon request by a Fund, the Administrator may, at its discretion, provide the following enhanced services. In the sole discretion of the Administrator, the provision of any enhanced services by the Administrator may be subject to the completion of a Statement of Work detailing the terms relating to the performance of any Enhanced Services.

Fund Compliance Services. Subject to the approval and oversight of the Board of Trustees, the Administrator will maintain oversight of a compliance program for the Trust consistent with Rule 38a-1 under the Investment Company Act of 1940 that includes providing a Trust Chief Compliance Officer (CCO) responsible for administering the Trust’s policies and procedures adopted under Rule 38a-1 of the Investment Company Act of 1940 (“1940 Act”). The CCO and Fund compliance officers (“Fund Compliance Team”) will conduct an initial due diligence review of each the Investment Adviser and sub-adviser Sub- Adviser of a Fund and will provide information to the Board of Trustees regarding the policies and procedures that each the Investment Adviser and subSub-adviser Adviser has adopted pursuant to Rule 38a-1 under the 1940 Act on behalf of the Fund(s) for which it serves as Investment Adviser or subSub-adviser Adviser (“Fund Compliance Programs”). The Fund Compliance Team will facilitate quarterly and annual reporting to the Board of Trustees regarding the operation and effectiveness of the Fund Compliance Programs and will serve as a liaison between the Investment Adviser or subSub-adviser Adviser and the Board of Trustees regarding material compliance matters that arise relating to the Fund Compliance Programs. *** THIS DOCUMENT CONSTITUTES CONFIDENTIAL INFORMATION OF SEI INVESTMENTS GLOBAL SERVICES, INC. FUNDS SERVICES Enhanced Services: Upon request by a Fund, the Administrator may, at its discretion, provide the following enhanced services. In the sole discretion of the Administrator, the provision of any enhanced services by the Administrator may be subject to the completion of a Statement of Work detailing the terms relating to the performance of any Enhanced Services.

Fund Compliance Services. Subject to the approval and oversight of the Board of Trustees, the Administrator will maintain oversight of a compliance program for the Trust consistent with Rule 38a-1 under the Investment Company Act of 1940 that includes providing a Trust Chief Compliance Officer (CCO) responsible for administering the Trust’s policies and procedures adopted under Rule 38a-1 of the Investment Company Act of 1940 (“1940 Act”). The CCO and Fund compliance officers (“Fund Compliance Team”) will conduct an initial due diligence review of each the Investment Adviser and subSub-adviser Adviser of a Fund and will provide information to the Board of Trustees regarding the policies and procedures that each the Investment Adviser and subSub-adviser Adviser has adopted pursuant to Rule 38a-1 under the 1940 Act on behalf of the Fund(s) for which it serves as Investment Adviser or subSub-adviser Adviser (“Fund Compliance Programs”). The Fund Compliance Team will facilitate quarterly and annual reporting to the Board of Trustees regarding the operation and effectiveness of the Fund Compliance Programs and will serve as a liaison between the Investment Adviser or subSub-adviser Adviser and the Board of Trustees regarding material compliance matters that arise relating to the Fund Compliance Programs. *** THIS DOCUMENT CONSTITUTES CONFIDENTIAL INFORMATION OF SEI GLOBAL SERVICES, INC. Enhanced Services: Upon request by a Fund, the Administrator may, at its discretion, provide the following enhanced services. In the sole discretion of the Administrator, the provision of any enhanced services by the Administrator may be subject to the completion of a Statement of Work detailing the terms relating to the performance of any Enhanced Services.