The Guam Sub-Advisory Agreement is a legal contract between Prudential Investments Fund Management, LLC (IFM) and The Prudential Investment Corporation (PIC) that establishes the terms and conditions for the provision of investment advisory services in Guam. This agreement outlines the roles, responsibilities, and obligations of both parties involved. Under this agreement, IFM acts as the primary investment advisor, while PIC functions as the sub-advisor. The sub-advisory relationship allows IFM to delegate certain investment management responsibilities to PIC, ensuring specialized expertise for the specific requirements of Guam's investment landscape. Keyword: Guam Sub-Advisory Agreement The Guam Sub-Advisory Agreement may have different types, depending on the specific investment services required or the nature of the client's investment needs. Here are some potential variations: 1. Fixed Income Sub-Advisory Agreement: This type of agreement focuses on investment advisory services related to fixed income securities. Both IFM and PIC collaborate to develop and implement fixed income investment strategies tailored for clients in Guam. 2. Equity Sub-Advisory Agreement: This agreement specifically targets investment advisory services pertaining to equity securities. IFM may delegate the management of equity portfolios in Guam to PIC, ensuring the proper selection, monitoring, and optimization of equity investments. 3. Multi-Asset Sub-Advisory Agreement: In this type of agreement, IFM engages PIC as a sub-advisor for managing diversified portfolios comprising various asset classes. The agreement covers investment advisory services related to a mix of fixed income, equity, and potentially other asset classes as deemed appropriate. 4. Alternatives Sub-Advisory Agreement: This agreement involves the provision of investment advisory services related to alternative investments. IFM may seek the expertise of PIC to manage alternative investment strategies, such as hedge funds, private equity, or real estate investment trusts (Rests), to cater to the unique needs of clients in Guam. These variations of the Guam Sub-Advisory Agreement demonstrate the flexibility and adaptability of Prudential Investments Fund Management, LLC and The Prudential Investment Corporation in meeting the diverse investment requirements of their clients.