Portfolio Management Fee Sample Clauses

Portfolio Management Fee. (if Applicable)
Sample 1Sample 2
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Portfolio Management Fee a) For the services and facilities to be provided to each of the Funds by the Portfolio Manager as provided in Paragraph 2 hereof, the Trust shall pay the Portfolio Manager a monthly fee with respect to each of the Funds as soon as practical after the last day of each calendar month, which fee shall be paid at the rate set forth in the attached fee schedule, based upon the Monthly Average Net Assets [as defined in subparagraph (c) below] of such Fund for such calendar month.
Sample 1Sample 2
Portfolio Management Fee. For (1) changing allocation and static allocation Portfolios that invest primarily in actively-managed mutual funds (“Fidelity Funds Portfolios”), the Trustees shall pay to the Investment Manager a fee accrued and computed daily and payable monthly at an annual rate as set forth in the Portfolio Management Fee table detailed below of the assets in all Accounts invested in such Portfolios; (2) changing allocation and static allocation Portfolios that invest primarily in index mutual funds (Fidelity Index Portfolios”), the Trustees shall pay to the Investment Manager a fee accrued and computed daily and payable monthly at an annual rate as set forth in the Portfolio Management Fee table detailed below of the assets in all Accounts invested in such Portfolios, and (3) changing allocation Portfolios that invest in a combination of actively-managed and index mutual funds (“Fidelity Blend Portfolios”), the Trustees shall pay to the Investment Manager a fee accrued and computed daily and payable monthly at an annual rate as set forth in the Portfolio Management Fee table detailed below of the assets in all Account invested in such Portfolios. Payment shall be made immediately following the end of each calendar month. The Investment Manager will collect all fees from the assets of the Trust. Fees shall be payable solely out of the assets in the applicable Portfolios. Formatted: Centered Portfolio Management Fee Table January 1, 2020 Fidelity Funds Portfolios Portfolio 2039* Portfolio 2036* Portfolio 2033* Portfolio 2030* Portfolio 2027* Portfolio 2024* Portfolio 2021* College Portfolio Aggressive Growth Portfolio Moderate Growth Portfolio Conservative Portfolio Portfolio Managem ent Fee (bps) 78 73 69 64 59 54 48 43 78 67 30 Fidelity Index Portfolios Portfolio 2039 Portfolio 2036 Portfolio 2033 Portfolio 2030 Portfolio 2027 Portfolio 2024 Portfolio 2021 College Portfolio Aggressive Growth Portfolio Moderate Growth Portfolio Conservative Portfolio Fideity Blend Portfolios Portfolio 2039* Portfolio 2036* Portfolio 2033* Portfolio 2030* Portfolio 2027* Portfolio 2024* Portfolio 2021* College Portfolio Portfolio Managem ent Fee(bps) 48 46 43 41 38 35 31 28 *The Portfolio Management Fee for the changing allocation Fidelity Fund Portfolios and the changing allocation Fidelity Blend Portfolios will be reduced annually. The amount of such reductions over time for each such changing allocation Portfolio is reflected in the Portfolio Management Fee Rolldown Schedule detaile...
Sample 1
Portfolio Management Fee. (a) For the services and facilities to be provided to each of the Funds by the Portfolio Manager as provided in Paragraph 2 hereof, the Trust shall pay the Portfolio Manager a monthly fee with respect to each of the Funds as soon as practical after the last day of each calendar month, which fee shall be paid at the rate set forth below based upon the Monthly Average Net Assets [as defined in subparagraph (c) below] of such Fund for such calendar month: PORTFOLIO MANAGEMENT FEE SCHEDULE Monthly Fee Rate Xxxxx U.S. Government Total Return Bond Fund Up to and including $50 million 1/12 of .40% Over $50 million 1/12 of .24%
Sample 1
Portfolio Management Fee. Borrower shall pay to each Lender pro rata in accordance with each Lender’s respective commitment, a portfolio management fee in the amount of one percent (1.00%) of the total Commitment, due and payable on December 1, 2022. The Fifty Thousand Dollars ($50,000) good faith deposit that has been paid by Borrower to Lender as an advance deposit prior to the date hereof will be refunded to Borrower on the Closing Date. As an additional condition precedent under Section 4.1 of the Loan and Security Agreement, Lender shall have completed to its satisfaction its due diligence review of Borrower’s business and financial condition and prospects, and each Lender’s pro rata share of the Commitment shall have been approved. If this condition is not satisfied, the Fifty Thousand Dollars ($50,000) advance deposit previously paid by Borrower shall be refunded. Except as set forth in this Section 4, the Portfolio Management Fee is not refundable.
Sample 1

Related to Portfolio Management Fee

  • Portfolio Management Subject to supervision by Investment Manager and the Fund’s Board of Directors/Trustees (the “Board”), Subadviser shall manage the investment operations and the composition of that portion of the assets of the Fund which is allocated to Subadviser from time to time by Investment Manager (which portion may include any or all of the Fund’s assets), including the purchase, retention, and disposition thereof, in accordance with the Fund’s investment objectives, policies, and restrictions, and subject to the following understandings:

  • Portfolio Management Duties Subject to the supervision of the Trust’s Board of Trustees (“Board”) and the Manager, the Subadvisor will provide a continuous investment program for the Series’ Allocated Assets and determine the composition of the assets of the Series’ Allocated Assets, including determination of the purchase, retention or sale of the securities, cash and other investments contained in the portfolio. The Subadvisor will conduct investment research and conduct a continuous program of evaluation, investment, sales and reinvestment of the Series’ Allocated Assets by determining the securities and other investments that shall be purchased, entered into, sold, closed or exchanged for the Series, when these transactions should be executed, and what portion of the Allocated Assets of the Series should be held in the various securities and other investments in which it may invest, and the Subadvisor is hereby authorized to execute and perform such services on behalf of the Series. The Subadvisor will provide the services under this Agreement in accordance with the Series’ investment objective or objectives, policies and restrictions as stated in the Trust’s Registration Statement filed with the Securities and Exchange Commission (the “SEC”), as amended, copies of which shall be delivered to the Subadvisor by the Manager. The Subadvisor further agrees as follows:

  • Portfolio Management Services As manager of the assets of the Fund, you shall provide continuing investment management of the assets of the Fund in accordance with the investment objectives, policies and restrictions set forth in the Prospectus and SAI; the applicable provisions of the 1940 Act and the Internal Revenue Code of 1986, as amended, (the "Code") relating to regulated investment companies and all rules and regulations thereunder; and all other applicable federal and state laws and regulations of which you have knowledge; subject always to policies and instructions adopted by the Trust's Board of Trustees. In connection therewith, you shall use reasonable efforts to manage the Fund so that it will qualify as a regulated investment company under Subchapter M of the Code and regulations issued thereunder. The Fund shall have the benefit of the investment analysis and research, the review of current economic conditions and trends and the consideration of long-range investment policy generally available to your investment advisory clients. In managing the Fund in accordance with the requirements set forth in this section 2, you shall be entitled to receive and act upon advice of counsel to the Trust. You shall also make available to the Trust promptly upon request all of the Fund's investment records and ledgers as are necessary to assist the Trust in complying with the requirements of the 1940 Act and other applicable laws. To the extent required by law, you shall furnish to regulatory authorities having the requisite authority any information or reports in connection with the services provided pursuant to this Agreement which may be requested in order to ascertain whether the operations of the Trust are being conducted in a manner consistent with applicable laws and regulations. You shall determine the securities, instruments, investments, currencies, repurchase agreements, futures, options and other contracts relating to investments to be purchased, sold or entered into by the Fund and place orders with broker-dealers, foreign currency dealers, futures commission merchants or others pursuant to your determinations and all in accordance with Fund policies as expressed in the Registration Statement. You shall determine what portion of the Fund's portfolio shall be invested in securities and other assets and what portion, if any, should be held uninvested. You shall furnish to the Trust's Board of Trustees periodic reports on the investment performance of the Fund and on the performance of your obligations pursuant to this Agreement, and you shall supply such additional reports and information as the Trust's officers or Board of Trustees shall reasonably request.

  • Asset Management Fees (i) Except as provided in Section 8.03(ii) hereof, the Company shall pay the Advisor as compensation for the services described in Section 3.03 hereof a monthly fee (the “Asset Management Fee”) in an amount equal to one-twelfth of 0.75% of the sum of the Cost of Real Estate Investments and the Cost of Loans and other Permitted Investments. The Advisor shall submit a monthly invoice to the Company, accompanied by a computation of the Asset Management Fee for the applicable period. The Asset Management Fee shall be payable on the last day of such month, or the first business day following the last day of such month. The Asset Management Fee may or may not be taken, in whole or in part, as to any period in the sole discretion of the Advisor. All or any portion of the Asset Management Fees not taken as to any period shall be deferred without interest and may be paid in such other fiscal period as the Advisor shall determine.

  • PORTFOLIO MANAGEMENT SERVICES OF THE SUB-ADVISER The Sub-Adviser is hereby employed and authorized to select portfolio securities for investment by the Series, to purchase and to sell securities for the Series Account, and upon making any purchase or sale decision, to place orders for the execution of such portfolio transactions in accordance with Sections 6 and 7 hereof and Schedule A hereto (as amended from time to time). In providing portfolio management services to the Series Account, the Sub-Adviser shall be subject to and shall conform to such investment restrictions as are set forth in the 1940 Act and the rules thereunder, the Internal Revenue Code, applicable state securities laws, applicable statutes and regulations of foreign jurisdictions, the supervision and control of the Board of Trustees of the Fund, such specific instructions as the Board of Trustees may adopt and communicate to the Sub-Adviser, the investment objective, policies and restrictions of the Fund applicable to the Series furnished pursuant to Section 5 of this Agreement, the provisions of Schedule A and Schedule B hereto and other instructions communicated to the Sub-Adviser by the Adviser. The Sub-Adviser is not authorized by the Fund to take any action, including the purchase or sale of securities for the Series Account, in contravention of any restriction, limitation, objective, policy or instruction described in the previous sentence. The Sub-Adviser shall maintain on behalf of the Fund the records listed in Schedule B hereto (as amended from time to time). At the Fund's reasonable request, the Sub-Adviser will consult with the Fund or with the Adviser with respect to any decision made by it with respect to the investments of the Series Account.

  • Asset Management Fee The fee payable to the Advisor for day-to-day professional management services in connection with the Company and its investments in Assets pursuant to Section 3.01(a) of this Agreement.

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