Ongoing Services. 1. Oversee LRMP and all Service Providers’ related activities and contributions; serve as liaison for investment adviser reporting and coordinate the same with Ultimus. 2. Serve as a non-voting member of LPA committee meetings and meet periodically, as required; assess, manage, and review liquidity risk; draft minutes; keep official records. 3. Monitor liquidity levels and facilitate the filings of Form N-LIQUID by a Fund officer, next business day or otherwise as required. 4. Review liquidity bucketing classifications and 15% threshold at least monthly (more frequently, if needed). 5. Review Ultimus metrics on N-PORT filings and any Form N-LIQUID filings. 6. Review HLIMs: a. Exclude certain Segregated Assets (as defined in the Rule) from HLIM calculation; b. Funds ≥ 50% highly liquid do not need an HLIM, but monitor for changes; c. Address shortfalls. 7. Report to Board quarterly (or as needed), providing LPA Committee Meeting minutes and other data. 8. Provide an annual written report to the Board, including: a. Operation of each Fund’s HLIM over the past year, if applicable; b. Occurrences throughout the year when a Fund exceeds the 15% limit; c. Material changes to the Program (Board approval not required); and d. Occurrences throughout the year when the LPA met to arbitrate liquidity scoring disagreements (and associated LPA meeting minutes). 9. Collect certifications from investment advisers/investment sub-advisers in connection with N-PORT filings. 10. Monitor Trust and Service Providers’ compliance with Trust procedures relating to the LRMP; review responses to quarterly questionnaires and discuss LRMP on quarterly calls. 11. Perform forensic testing regarding LRMP program during annual compliance site visits to Service Providers. 12. Participate in due diligence site visits to Service Providers such as ICE and Confluence. 13. Review SEC filings on Form N-PORT for timeliness and on Form N-SAR for liquidity disclosure.
Appears in 6 contracts
Sources: Consulting Agreement (Northern Lights Fund Trust Ii), Consulting Agreement (Northern Lights Fund Trust Iii), Consulting Agreement (Northern Lights Fund Trust Iii)
Ongoing Services. 1. Oversee LRMP and all Service Providers’ related activities and contributions; serve as liaison for investment adviser reporting and coordinate the same with UltimusU▇▇▇▇▇▇.
2. Serve as a non-voting member of LPA committee meetings and meet periodically, as required; assess, manage, and review liquidity risk; draft minutes; keep official records.
3. Monitor liquidity levels and facilitate the filings of Form N-LIQUID by a Fund officer, next business day or otherwise as required.
4. Review liquidity bucketing classifications and 15% threshold at least monthly (more frequently, if needed).
5. Review Ultimus metrics on N-PORT filings and any Form N-LIQUID filings.
6. Review HLIMs:
a. Exclude certain Segregated Assets (as defined in the Rule) from HLIM calculation;
b. Funds ≥ 50% highly liquid do not need an HLIM, but monitor for changes;
c. Address shortfalls.
7. Report to Board quarterly (or as needed), providing LPA Committee Meeting minutes and other data.
8. Provide an annual written report to the Board, including:
a. Operation of each Fund’s HLIM over the past year, if applicable;
b. Occurrences throughout the year when a Fund exceeds the 15% limit;
c. Material changes to the Program (Board approval not required); and
d. Occurrences throughout the year when the LPA met to arbitrate liquidity scoring disagreements (and associated LPA meeting minutes).
9. Collect certifications from investment advisers/investment sub-advisers in connection with N-PORT filings.
10. Monitor Trust and Service Providers’ compliance with Trust procedures relating to the LRMP; review responses to quarterly questionnaires and discuss LRMP on quarterly calls.
11. Perform forensic testing regarding LRMP program during annual compliance site visits to Service Providers.
12. Participate in due diligence site visits to Service Providers such as ICE and Confluence.
13. Review SEC filings on Form N-PORT for timeliness and on Form N-SAR CSR for liquidity disclosure.
Appears in 4 contracts
Sources: Etf Consulting Agreement (Rayliant Funds Trust), Consulting Agreement (Centaur Mutual Funds Trust), Consulting Agreement (Capitol Series Trust)
Ongoing Services. 1. Oversee LRMP and all Service Providers’ related activities and contributions; serve as liaison for investment adviser reporting and coordinate the same with Ultimus▇▇▇▇▇▇▇.
2. Serve as a non-voting member of LPA committee meetings and meet periodically, as required; assess, manage, and review liquidity risk; draft minutes; keep official records.
3. Monitor liquidity levels and facilitate the filings of Form N-LIQUID by a Fund officer, next business day or otherwise as required.
4. Review liquidity bucketing classifications and 15% threshold at least monthly (more frequently, if needed).
5. Review Ultimus metrics on N-PORT filings and any Form N-LIQUID filings.
6. Review HLIMs:
a. Exclude certain Segregated Assets (as defined in the Rule) from HLIM calculation;
b. Funds ≥ 50% highly liquid do not need an HLIM, but monitor for changes;
c. Address shortfalls.
7. Report to Board quarterly (or as needed), providing LPA Committee Meeting minutes and other data.
8. Provide an annual written report to the Board, including:
a. Operation of each Fund’s HLIM over the past year, if applicable;
b. Occurrences throughout the year when a Fund exceeds the 15% limit;
c. Material changes to the Program (Board approval not required); and
d. Occurrences throughout the year when the LPA met to arbitrate liquidity scoring disagreements (and associated LPA meeting minutes).
9. Collect certifications from investment advisers/investment sub-advisers in connection with N-PORT filings.
10. Monitor Trust and Service Providers’ compliance with Trust procedures relating to the LRMP; review responses to quarterly questionnaires and discuss LRMP on quarterly calls.
11. Perform forensic testing regarding LRMP program during annual compliance site visits to Service Providers.
12. Participate in due diligence site visits to Service Providers such as ICE and Confluence.
13. Review SEC filings on Form N-PORT for timeliness and on Form N-SAR CSR for liquidity disclosure.
Appears in 3 contracts
Sources: Consulting Agreement (Longleaf Partners Funds Trust), Consulting Agreement (Hussman Investment Trust), Consulting Agreement (Grandeur Peak Global Trust)
Ongoing Services. 1. Oversee LRMP and all Service Providers’ related activities and contributions; serve as liaison for investment adviser reporting and coordinate the same with Ultimusthe Funds’ administrator.
2. Serve as a non-voting member of LPA committee meetings and meet periodically, as required; assess, manage, and review liquidity risk; draft minutes; keep official records.
3. Monitor liquidity levels and facilitate the filings of Form N-LIQUID by a Fund officer, next business day or otherwise as required.
4. Review liquidity bucketing classifications and 15% threshold at least monthly (more frequently, if needed).
5. Review Ultimus the Funds’ Administrator metrics on N-PORT filings and any Form N-LIQUID filings.
6. Review HLIMs:
a. Exclude certain Segregated Assets (as defined in the Rule) from HLIM calculation;
b. Funds ≥ 50% highly liquid do not need an HLIM, but monitor for changes;
c. Address shortfalls.
7. Report to Board quarterly (or as needed), providing LPA Committee Meeting minutes and other data.
8. Provide an annual written report to the Board, including:
a. Operation of each Fund’s HLIM over the past year, if applicable;
b. Occurrences throughout the year when a Fund exceeds the 15% limit;
c. Material changes to the Program (Board approval not required); and
d. Occurrences throughout the year when the LPA met to arbitrate liquidity scoring disagreements (and associated LPA meeting minutes).
9. Collect certifications from investment advisers/investment sub-advisers in connection with N-PORT filings.
10. Monitor Trust and Service Providers’ compliance with Trust procedures relating to the LRMP; review responses to quarterly questionnaires and discuss LRMP on quarterly calls.
11. Perform forensic testing regarding LRMP program during annual compliance site visits to Service Providers.
12. Participate in due diligence site visits to Service Providers such as ICE and Confluence.
13. Review SEC filings on Form N-PORT for timeliness and on Form N-SAR CSR for liquidity disclosure.
Appears in 2 contracts
Sources: Consulting Agreement (CRM Mutual Fund Trust), Consulting Agreement (Unified Series Trust)
Ongoing Services. 1. Oversee LRMP and all Service Providers’ related activities and contributions; serve as liaison for investment adviser reporting and coordinate the same with UltimusGemini.
2. Serve as a non-voting member of LPA committee meetings and meet periodically, as required; assess, manage, and review liquidity risk; draft minutes; keep official records.
3. Monitor liquidity levels and facilitate the filings of Form N-LIQUID by a Fund officer, next business day or otherwise as required.
4. Review liquidity bucketing classifications and 15% threshold at least monthly (more frequently, if needed).
5. Review Ultimus Gemini metrics on N-PORT filings and any Form N-LIQUID filings.
6. Review HLIMs:
a. Exclude certain Segregated Assets (as defined in the Rule) from HLIM calculation;
b. Funds ≥ 50% highly liquid do not need an HLIM, but monitor for changes;
c. Address shortfalls.
7. Report to Board quarterly (or as needed), providing LPA Committee Meeting minutes and other data.
8. Provide an annual written report to the Board, including:
a. Operation of each Fund’s HLIM over the past year, if applicable;
b. Occurrences throughout the year when a Fund exceeds the 15% limit;
c. Material changes to the Program (Board approval not required); and
d. Occurrences throughout the year when the LPA met to arbitrate liquidity scoring disagreements (and associated LPA meeting minutes).
9. Collect certifications from investment advisers/investment sub-advisers in connection with N-PORT filings.
10. Monitor Trust and Service Providers’ compliance with Trust procedures relating to the LRMP; review responses to quarterly questionnaires and discuss LRMP on quarterly calls.
11. Perform forensic testing regarding LRMP program during annual compliance site visits to Service Providers.
12. Participate in due diligence site visits to Service Providers such as ICE and Confluence.
13. Review SEC filings on Form N-PORT for timeliness and on Form N-SAR for liquidity disclosure.
Appears in 2 contracts
Sources: Consulting Agreement (Leader Funds Trust), Consulting Agreement (Leader Funds Trust)
Ongoing Services. 1. Oversee LRMP and all Service Providers’ related activities and contributions; serve as liaison for investment adviser reporting and coordinate the same with UltimusGemini.
2. Serve as a non-voting member of LPA committee meetings and meet periodically, as required; assess, manage, and review liquidity risk; draft minutes; keep official records.
3. Monitor liquidity levels and facilitate the filings of Form N-LIQUID by a Fund officer, next business day or otherwise as required.
4. Review liquidity bucketing classifications and 15% threshold at least monthly (more frequently, if needed).
5. Review Ultimus Gemini metrics on N-PORT filings and any Form N-LIQUID filings.
6. Review HLIMs:
a. Exclude certain Segregated Assets (as defined in the Rule) from HLIM calculation;
b. Funds ≥ 50% highly liquid do not need an HLIM, but monitor for changes;
c. Address shortfalls.
7. Report to Board quarterly (or as needed), providing LPA Committee Meeting minutes and other data.
8. Provide an annual written report to the Board, including:
a. Operation of each Fund’s HLIM over the past year, if applicable;
b. Occurrences throughout the year when a Fund exceeds the 15% limit;
c. Material changes to the Program (Board approval not required); and
d. Occurrences throughout the year when the LPA met to arbitrate liquidity scoring disagreements (and associated LPA meeting minutes).
9. Collect certifications from investment advisers/investment sub-advisers in connection with N-PORT filings.
10. Monitor Trust and Service Providers’ compliance with Trust procedures relating to the LRMP; review responses to quarterly questionnaires and discuss LRMP on quarterly calls.
11. Perform forensic testing regarding LRMP program during annual compliance site visits to Service Providers.
12. Participate in due diligence site visits to Service Providers such as ICE and Confluence.
13. Review SEC filings on Form N-PORT for timeliness and on Form N-SAR CSR for liquidity disclosure.
Appears in 1 contract
Ongoing Services. 1. Oversee LRMP and all Service Providers’ related activities and contributions; serve as liaison for investment adviser reporting and coordinate the same with Ultimus.
2. Serve as a non-voting member of LPA committee meetings and meet periodically, as required; assess, manage, and review liquidity risk; draft minutes; keep official records.
3. Monitor liquidity levels and facilitate the filings of Form N-LIQUID by a Fund officer, next business day or otherwise as required.
4. Review liquidity bucketing classifications and 15% threshold at least monthly (more frequently, if needed).
5. Review Ultimus metrics on N-PORT filings and any Form N-LIQUID filings.
6. Review HLIMs:
a. Exclude certain Segregated Assets (as defined in the Rule) from HLIM calculation;
b. Funds Fund ≥ 50% highly liquid do not need an HLIM, but monitor for changes;
c. Address shortfalls.
7. Report to Board quarterly (or as needed), providing LPA Committee Meeting minutes and other data.
8. Provide an annual written report to the Board, including:
a. Operation of each the Fund’s HLIM over the past year, if applicable;
b. Occurrences throughout the year when a Fund exceeds the 15% limit;
c. Material changes to the Program (Board approval not required); and
d. Occurrences throughout the year when the LPA met to arbitrate liquidity scoring disagreements (and associated LPA meeting minutes).
9. Collect certifications from investment advisers/investment sub-advisers in connection with N-PORT filings.
10. Monitor Trust Fund and Service Providers’ compliance with Trust Fund procedures relating to the LRMP; review responses to quarterly questionnaires and discuss LRMP on quarterly calls.
11. Perform forensic testing regarding LRMP program during annual compliance site visits to Service Providers.
12. Participate in due diligence site visits to Service Providers such as ICE and Confluence.
13. Review SEC filings on Form N-PORT for timeliness and on Form N-SAR CSR for liquidity disclosure.
Appears in 1 contract
Sources: Consulting Agreement (Fairway Private Equity & Venture Capital Opportunities Fund)
Ongoing Services. 1. Oversee LRMP and all Service Providers’ related activities and contributions; serve as liaison for investment adviser/sub-adviser reporting and coordinate the same with Ultimus▇▇▇▇▇▇▇.
2. Serve as a non-voting member of LPA ofLPA committee meetings and meet periodically, as required; assess, manage, and review liquidity risk; draft minutes; keep official records.
3. Monitor liquidity levels and facilitate the filings of Form N-LIQUID by a Fund officer, next business day or otherwise as required.
4. Review liquidity bucketing classifications and 15% threshold at least monthly (more frequently, if needed).
5. Review Ultimus metrics on N-PORT filings and any Form N-LIQUID filings.
6. Review HLIMs:
a. Exclude certain Segregated Assets (as defined in the Rule) from HLIM calculation;
b. Funds ≥ 50% highly liquid do not need an HLIM, but monitor for changes;
c. Address shortfalls.
7. Report to Board quarterly (or as needed), providing LPA Committee Meeting minutes and other data.
8. Provide an annual written report to the Board, including:
a. Operation of each Fund’s HLIM over the past year, if applicable;
b. Occurrences throughout the year when a Fund exceeds the 15% limit;
c. Material changes to the Program (Board approval not required); and
d. Occurrences throughout the year when the LPA met to arbitrate liquidity scoring disagreements (and associated LPA meeting minutes).
9. Collect certifications from investment advisers/investment sub-advisers in adviser(s) m connection with N-PORT filings.
10. Monitor Trust and Service Providers’ compliance with Trust procedures relating to the LRMP; review responses to quarterly questionnaires and discuss LRMP on quarterly calls.
11. Perform forensic testing regarding LRMP program during annual compliance site visits to Service Providers.
12. Participate in due diligence site visits to Service Providers such as ICE and Confluence.
13. Review SEC filings on Form N-PORT for timeliness and on Form N-SAR CSR for liquidity disclosure.
Appears in 1 contract
Sources: Consulting Agreement (Exchange Place Advisors Trust)
Ongoing Services. 1. Oversee LRMP and all Service Providers’ related activities and contributions; serve as liaison for investment adviser reporting and coordinate the same with Ultimus.
2. Serve as a non-voting member of LPA committee meetings and meet periodically, as required; assess, manage, and review liquidity risk; draft minutes; keep official records.
3. Monitor liquidity levels and facilitate the filings of Form N-LIQUID by a Fund officer, next business day or otherwise as required.
4. Review liquidity bucketing classifications and 15% threshold at least monthly (more frequently, if needed).
5. Review Ultimus metrics on N-PORT filings and any Form N-LIQUID filings.
6. Review HLIMs:
a. Exclude certain Segregated Assets (as defined in the Rule) from HLIM calculation;.
b. Funds ≥ 50% highly liquid do not need an HLIM, HLIM but monitor for changes;.
c. Address shortfalls.
7. Report to Board quarterly (or as needed), providing LPA Committee Meeting minutes and other data.
8. Provide an annual written report to the Board, including:
a. Operation of each Fund’s HLIM over the past year, if applicable;
b. Occurrences throughout the year when a Fund exceeds the 15% limit;
c. Material changes to the Program (Board approval not required); and
d. Occurrences throughout the year when the LPA met to arbitrate liquidity scoring disagreements (and associated LPA meeting minutes).
9. Collect certifications from investment advisers/investment sub-advisers in connection with N-PORT filings.
10. Monitor Trust and Service Providers’ compliance with Trust procedures relating to the LRMP; review responses to quarterly questionnaires and discuss LRMP on quarterly calls.
11. Perform forensic testing regarding LRMP program during annual compliance site visits to Service Providers.
12. Participate in due diligence site visits to Service Providers such as ICE and Confluence.
13. Review SEC filings on Form N-PORT for timeliness and on Form N-SAR CSR for liquidity disclosure.
Appears in 1 contract
Sources: Consulting Agreement (Cantor Select Portfolios Trust)
Ongoing Services. 1. Oversee LRMP and all Service Providers’ related activities and contributions; serve as liaison for investment adviser reporting and coordinate the same with UltimusU▇▇▇▇▇▇.
2. Serve as a non-voting member of LPA committee meetings and meet periodically, as required; assess, manage, and review liquidity risk; draft minutes; keep official records.
3. Monitor liquidity levels and facilitate the filings of Form N-LIQUID by a Fund officer, next business day or otherwise as required.
4. Review liquidity bucketing classifications and 15% threshold at least monthly (more frequently, if needed).
5. Review Ultimus metrics on N-PORT filings and any Form N-LIQUID filings.
6. Review HLIMs:
a. Exclude certain Segregated Assets (as defined in the Rule) from HLIM calculation;
b. Funds ≥ 50% highly liquid do not need an HLIM, but monitor for changes;
c. Address shortfalls.
7. Report to Board quarterly (or as needed), providing LPA Committee Meeting minutes and other data.
8. Provide an annual written report to the Board, including:
a. Operation of each Fund’s HLIM over the past year, if applicable;
b. Occurrences throughout the year when a Fund exceeds the 15% limit;
c. Material changes to the Program (Board approval not required); and
d. Occurrences throughout the year when the LPA met to arbitrate liquidity scoring disagreements (and associated LPA meeting minutes).
9. Collect certifications from investment advisers/investment sub-advisers in connection with N-PORT filings.
10. Monitor Trust Company and Service Providers’ compliance with Trust Company procedures relating to the LRMP; review responses to quarterly questionnaires and discuss LRMP on quarterly calls.
11. Perform forensic testing regarding LRMP program during annual compliance site visits to Service Providers.
12. Participate in due diligence site visits to Service Providers such as ICE and Confluence.
13. Review SEC filings on Form N-PORT for timeliness and on Form N-SAR CSR for liquidity disclosure.
Appears in 1 contract
Ongoing Services. 1. Oversee LRMP and all Service Providers’ related activities and contributions; serve as liaison for investment adviser reporting and coordinate the same with Ultimus.
2. Serve as a non-voting member of LPA committee meetings and meet periodically, as required; assess, manage, and review liquidity risk; draft minutes; keep official records.
3. Monitor liquidity levels and facilitate the filings of Form N-LIQUID by a Fund officer, next business day or otherwise as required.
4. Review liquidity bucketing classifications and 15% threshold at least monthly (more frequently, if needed).
5. Review Ultimus metrics on N-PORT filings and any Form N-LIQUID filings.
6. Review HLIMs:
a. Exclude certain Segregated Assets (as defined in the Rule) from HLIM calculation;
b. Funds ≥ 50% highly liquid do not need an HLIM, but monitor for changes;
c. Address shortfalls.
7. Report to Board quarterly (or as needed), providing LPA Committee Meeting minutes and other data.
8. Provide an annual written report to the Board, including:
a. Operation of each Fund’s HLIM over the past year, if applicable;
b. Occurrences throughout the year when a Fund exceeds the 15% limit;
c. Material changes to the Program (Board approval not required); and
d. Occurrences throughout the year when the LPA met to arbitrate liquidity scoring disagreements (and associated LPA meeting minutes).
9. Collect certifications from investment advisers/investment sub-advisers in connection with N-PORT filings.
10. Monitor Trust and Service Providers’ compliance with Trust procedures relating to the LRMP; review responses to quarterly questionnaires and discuss LRMP on quarterly calls.
11. Perform forensic testing regarding LRMP program during annual compliance site visits to Service Providers.
12. Participate in due diligence site visits to Service Providers such as ICE and Confluence.
13. Review SEC filings on Form N-PORT for timeliness and on Form N-SAR CSR for liquidity disclosure.
Appears in 1 contract