The Alaska Management Agreement is a contractual agreement entered into between Advisers Managers Trust and Berger and Berman Management Inc. This agreement outlines the terms and conditions under which Berger and Berman Management Inc. will manage and oversee certain investments on behalf of Advisers Managers Trust in the state of Alaska. The management agreement governs the relationship between the two parties and provides a framework for the roles, responsibilities, and obligations of each entity. It establishes the terms of the investment management services to be provided by Berger and Berman Management Inc., including the scope of their authority and the types of investments they are authorized to make. This agreement also encompasses specific provisions relating to the compensation and fees to be paid to Berger and Berman Management Inc. for their services. The structure of these fees may vary based on factors such as the size of the investment portfolio, the complexity of the investment strategies employed, and the performance-based incentives agreed upon by both parties. Furthermore, the Alaska Management Agreement defines the rights and responsibilities of Advisers Managers Trust as the client, including their rights to receive regular reports on the performance of their investments and to participate in decision-making processes related to the management of their assets. It also outlines the confidentiality and disclosure requirements that Berger and Berman Management Inc. must adhere to in order to protect the sensitive information of Advisers Managers Trust. It is important to note that there can be various types of Alaska Management Agreements between Advisers Managers Trust and Berger and Berman Management Inc., depending on the specific investment strategies or mandates pursued by Advisers Managers Trust. For instance, there may be different agreements for a diversified equity portfolio, a fixed-income portfolio, a socially responsible investment strategy, or any other specialized investment approach suited to the objectives of Advisers Managers Trust. In conclusion, the Alaska Management Agreement is a comprehensive agreement that establishes the terms and conditions for the investment management services provided by Berger and Berman Management Inc. to Advisers Managers Trust in Alaska. By clearly defining the roles, responsibilities, compensation, and obligations of each party, this agreement ensures a transparent and mutually beneficial relationship between the parties involved in managing and overseeing investments in the state's financial markets.