Services of the Adviser. The Adviser represents and warrants that it is registered as an investment adviser under the Investment Advisers Act of 1940, as amended (the “Advisers Act”) and will maintain such registration for so long as required by applicable law. Subject to the general supervision of the Board of the Trust, the Adviser shall provide the following advisory, management, and other services with respect to the Series:
Services of the Adviser. In carrying out the terms of this Agreement, the Adviser shall do the following:
Services of the Adviser. (a) The Adviser shall manage the investment and reinvestment of the assets of the Fund, subject to the supervision of the Board of Trustees of the Trust (the “Board” or “Trustees”), for the period and on the terms set forth in this agreement. The Adviser shall give due consideration to the investment policies and restrictions and the other statements concerning the Fund in the Trust’s Amended and Restated Agreement and Declaration of Trust (the “Declaration of Trust”), bylaws and registration statements under the 1940 Act and the Securities Act of 1933 (the “1933 Act”), and to the provisions of the Internal Revenue Code of 1986, as amended, applicable to the Trust as a regulated investment company. The Adviser shall be deemed for all purposes to be an independent contractor and not an agent of the Trust or the Fund, and unless otherwise expressly provided or authorized, shall have no authority to act or represent the Trust or the Fund in any way.
Services of the Adviser. Subject to the supervision of the Trustees, the Adviser shall manage the investment operations of the Series and the composition of each Series’ portfolio, including the purchase and retention and disposition of portfolio securities, in accordance with each Series’ investment objectives, policies and restrictions as stated in the Trust’s registration statement, as may be amended or supplemented from time to time (the “Registration Statement”) as filed with the SEC subject to the following understandings:
Services of the Adviser. The Fund hereby employs the Adviser, and the Adviser, hereby accepts such employment, to render investment advice and investment management services with respect to the assets of the Series, subject to the supervision and direction of the Board. The Adviser, shall, as part of its duties hereunder (i) furnish the Series with advice and recommendations with respect to the investment of the Series’ assets and the purchase and sale of such assets, including the taking of such other steps as may be necessary to implement such advice and recommendations, (ii) furnish the Series with reports, statements and other data on securities, economic conditions and other pertinent subjects which the Board may request, (iii) permit its officers and employees to serve without compensation as Trustees of the Trust, if elected to such positions and (iv) in general oversee and manage the investment of the Series, subject to the ultimate supervision and direction of the.
Services of the Adviser. The Adviser represents and warrants that it is registered as an investment adviser under the Investment Advisers Act of 1940 (the “Advisers Act”) and will maintain such registration for so long as required by applicable law. Subject to the general supervision of the Board of Trustees of the Trust, the Adviser shall provide the following advisory, management, and other services with respect to the Series: Provide general investment advice and guidance with respect to the Series and provide advice and guidance to the Trust’s Trustees, and oversee the management of the investments of the Series and the composition of each Series’ portfolio of securities and investments, including cash, and the purchase, retention and disposition thereof, in accordance with each Series’ investment objective or objectives and policies as stated in the Trust’s current registration statement, as may be amended or supplemented from time to time (the “Registration Statement”), which management may be provided by others selected by the Adviser and approved by the Board of Trustees as provided below or directly by the Adviser as provided in Section 4 of this Agreement;
Services of the Adviser. (a) Investment Advisory Services. The Adviser shall act as the investment adviser to each Fund and, as such, shall (i) obtain and evaluate such information relating to the economy, industries, business, securities markets and securities as it may deem necessary or useful in discharging its responsibilities hereunder, (ii) formulate a continuing program for the investment of the assets of each Fund in a manner consistent with its investment objective(s), policies and restrictions, and (iii) determine from time to time securities to be purchased, sold, retained or lent by each Fund, and implement those decisions, including the selection of entities with or through which such purchases, sales or loans are to be effected; provided, that the Adviser will place orders pursuant to its investment determinations either directly with the issuer or with a broker or dealer, and in placing orders with broker or dealer, it will attempt to obtain the best net result in terms of price and execution; provided that, consistent with Section 28(e) of the Securities and Exchange Act of 1934, as amended (the “Exchange Act”), the Adviser may allocate brokerage on behalf of a Fund to broker-dealers who provide research, analysis, advice and similar services. Subject to compliance with Section 28(e), the Adviser may cause a Fund to pay to any broker-dealer who provides such services a commission that exceeds the commission the Fund might have paid to a different broker-dealer for the same transaction. The Adviser may aggregate sales and purchase orders of the assets of the Fund with similar orders being made simultaneously for other accounts advised by the Adviser or its affiliates. Whenever the Adviser simultaneously places orders to purchase or sell the same asset on behalf of a Fund and one or more other accounts advised by the Adviser, the orders will be allocated as to price and amount among all such accounts in a manner believed to be equitable over time to each account.
Services of the Adviser. The Adviser shall administer the day-to-day investment operations of the Fund; shall serve as the Fund’s investment adviser and consultant in connection with policy decisions to be made by the Board of Directors of the Fund, hereinafter referred as the Board; shall investigate select and, on the behalf of the board, conduct relations with consultants, accountants, attorneys, brokers, underwriters, corporate fiduciaries, custodians, insurance agents, banks and other participants and persons needed for the operation of the Fund; shall be acting as the Fund’s transfer agent for its shareholders securities; shall provide office space and office equipment and necessary executive and clerical personnel for the performance of the forgoing services and assumes the expenses of the same; shall issue quarterly reports of the Fund’s performance.
Services of the Adviser. The Adviser, subject to the supervision of the Board, will provide a continuous investment program for each Fund's portfolio and determine the composition of the assets of the Fund's portfolio, including determination of the purchase, retention, or sale of the securities, cash, and other investments contained in the portfolio, and the voting of proxies with respect thereto, and what portion of the assets of the Fund should be held in the various securities and other investments in which it may invest, and the Adviser is hereby authorized to execute and perform such services on behalf of the Fund. The Adviser will provide the services under this Agreement in accordance with the Fund's investment objective or objectives, policies, and restrictions as stated in the Trust's current registration statement under the Securities Act of 1933, as amended and the Investment Company Act of 1940, as amended (the "1940 Act") (the "Registration Statement"). Furthermore:
Services of the Adviser a) Pursuant to the Advisory Agreement and in addition to any services set forth in such Agreement, the Adviser: (i) shall retain full authority to act in such capacities and direct the Sub-Adviser to take certain actions on behalf of the Funds; (ii) shall have full authority to place orders for the purchases and sales of securities and other assets for the Funds with broker-dealers and other financial institutions; and (iii) shall vote proxies, exercise consents and exercise all other rights appertaining to such securities and other assets on behalf of the Funds.
