Common use of Supervisory Services Clause in Contracts

Supervisory Services. On behalf of the Trust and the Fund, FIMCo will provide (or will cause to be provided) facilities, equipment and personnel to: a. Supervise the Fund's investment in a master fund; b. Verify that the master fund invests in accordance with the limitations and restrictions set forth in its registration statement; c. Monitor tracking deviations between the master fund and the benchmark index; d. Report to the Board of Trustees regarding master fund and Fund performance; and e. Recommend that the Fund withdraw from the master fund, if appropriate. FIMCo will be guided by each of the Fund's investment objectives and policies and the provisions and restrictions contained in the Declaration of Trust and By-Laws of the Trust and as set forth in the Registration Statement and exhibits as may be on file with the Securities and Exchange Commission, all as communicated by the Trust to FIMCo.

Appears in 2 contracts

Sources: Supervisory and Administrative Services Contract (Federated Index Trust), Supervisory and Administrative Services Contract (Federated Index Trust)