Fund-Level Administrative Services Sample Clauses
The Fund-Level Administrative Services clause defines the responsibilities and scope of administrative support provided at the fund level. This typically includes tasks such as maintaining fund records, preparing financial statements, coordinating audits, and handling investor communications. By clearly outlining these duties, the clause ensures that all parties understand who is responsible for essential administrative functions, thereby promoting operational efficiency and reducing the risk of misunderstandings or gaps in fund management.
Fund-Level Administrative Services. The Manager shall, at its expense, provide the following Fund-level administrative services in connection with the operations of the Trust and the Funds, to the extent such services are not provided to a Class of a Fund and covered under the Funds' Class-Level Administration Agreement:
i) coordinate, supervise and make all payments to the Funds' transfer agent and various sub-transfer agents and omnibus account servicers and recordkeepers;
ii) receive and tabulate shareholder votes;
iii) furnish statistical and research data;
iv) coordinate (or assist in) the preparation and filing with the U.S. Securities and Exchange Commission ("SEC") of registration statements, notices, shareholder reports, and other material required to be filed under applicable laws;
v) prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable laws;
vi) prepare and file Form 24F-2s and N-SARs;
vii) review bills submitted to the Funds and, upon determining that a ▇▇▇▇ is appropriate, allocating amounts to the appropriate Funds and instructing the Funds' custodian to pay such bills;
viii) coordinate (or assist in) the preparation of reports and other information materials regarding the Funds, including prospectuses, proxies and other shareholder communications;
ix) prepare expense table and performance information for annual updates;
x) provide legal and regulatory advice to the Funds in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counsel;
xi) provide office facilities and clerical support for the Funds;
xii) develop and implement procedures for monitoring compliance with regulatory requirements and compliance with the Funds' investment objectives, policies and restrictions;
xiii) serve as liaison between the Funds and their independent auditors;
xiv) prepare and file tax returns;
xv) review payments of Fund expenses;
xvi) prepare expense budgeting and accruals;
xvii) provide communication, coordination, and supervision services with regard to the Funds' transfer agent, custodian, fund accountant, any coadministrators, and other service organizations that render recordkeeping or shareholder communication services;
xviii) provide information to the Funds' distributor concerning fund performance and administration;
xix) provide reports to the Funds' board of directors regarding its activities;
x...
Fund-Level Administrative Services. The Manager shall, at its expense, provide the following Fund-level administrative services in connection with the operations of the Trust and the Fund, to the extent such services are not provided to a specific Class of the Fund and covered under the Fund’s Class-Level Administration Agreement: coordinate, supervise and make all payments to the Fund’s transfer agent and various sub-transfer agents and omnibus account servicers and record-keepers; receive and tabulate shareholder votes; furnish statistical and research data; coordinate (or assist in) the preparation and filing with the U.S. Securities and Exchange Commission (“SEC”) of registration statements, notices, shareholder reports, and other material required to be filed under applicable laws; prepare and file with the states registration statements, notices, reports, and other material required to be filed under applicable laws; prepare and file Form 24F-2s and N-SARs; review bills submitted to the Fund and, upon determining that a ▇▇▇▇ is appropriate, allocating amounts to the appropriate Funds and instructing the Fund’s custodian to pay such bills; coordinate (or assist in) the preparation of reports and other information materials regarding the Fund, including prospectuses, proxies and other shareholder communications; prepare expense table and performance information for annual updates; provide legal and regulatory advice to the Fund in connection with its other administrative functions, including assignment of matters to outside legal counsel on behalf of the Trust and supervising the work of such counsel; provide office facilities and clerical support for the Fund; develop and implement procedures for monitoring compliance with regulatory requirements and compliance with the Fund’ investment objectives, policies and restrictions; serve as liaison between the Fund and their independent auditors; prepare and file tax returns; review payments of Fund expenses; prepare expense budgeting and accruals; provide communication, coordination, and supervision services with regard to the Fund’ transfer agent, custodian, fund accountant, any co-administrators, and other service organizations that render recordkeeping or shareholder communication services; provide information to the Fund’s distributor concerning fund performance and administration; provide reports to the Fund’s board of directors regarding its activities; assist in the preparation and assembly of meeting materials, including comparable fe...