Hawaii Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II

• Category: Corporations - Public - Distribution
• State: Multi-State
• Control #: US-EG-9402
• Format: Word; Rich Text

Description

Class C Distribution Plan and Agreement between Putnam Mutual Funds Corporation and Putnam High Yield Trust II dated July 16, 1999. 3 pages. Hawaii Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II The Hawaii Class C Distribution Plan and Agreement is a contractual arrangement between Putnam Mutual Funds Corp and Putnam High Yield Trust II specifically designed to facilitate the distribution of Class C shares. This plan outlines the terms and conditions under which the distribution of these shares will take place in the Hawaiian market. Class C shares are a type of mutual fund shares that typically carry a level load, meaning they include an ongoing sales charge or fee that is paid over a certain period, usually 1 to 10 years. This arrangement enables investors to access a specific fund while spreading the sales charge payments over time. The Hawaii Class C Distribution Plan and Agreement is specifically tailored to address the unique regulations and market dynamics of the Hawaiian market. The plan and agreement outline the specific terms, conditions, and obligations of both Putnam Mutual Funds Corp and Putnam High Yield Trust II in distributing Class C shares in Hawaii. It covers various aspects such as the distribution strategy, marketing efforts, compensation structure, and compliance requirements. The distribution plan specifies the strategies and methods to be employed by Putnam Mutual Funds Corp to promote and sell Class C shares to investors in Hawaii. It may include details on marketing campaigns, advertising channels, and promotional activities aimed at raising awareness and generating interest in the fund. In terms of compensation, the agreement outlines the sales charges or fees associated with Class C shares and the structure for compensating intermediaries or brokers involved in the distribution process. It may specify the commission rates, breakpoints, and any other relevant provisions related to compensating distributors within the Hawaiian market. Additionally, the plan and agreement ensure compliance with relevant laws, regulations, and industry standards. It may include provisions related to disclosure requirements, investor suitability standards, reporting obligations, and regulatory filings that both parties must adhere to during the distribution process. Different types or variations of the Hawaii Class C Distribution Plan and Agreement may exist depending on the specific fund or investment objectives. For example, there could be separate plans and agreements for different types of mutual funds or investment products offered by Putnam Mutual Funds Corp and Putnam High Yield Trust II in the Hawaiian market. Each plan would be customized to address the unique characteristics and requirements of the respective funds. In conclusion, the Hawaii Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II outlines the framework and guidelines for distributing Class C shares in the Hawaiian market. It covers various aspects of distribution, compensation, marketing, and compliance to ensure a well-structured and compliant distribution process tailored to meet the needs of the Hawaiian investors.

Hawaii Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II The Hawaii Class C Distribution Plan and Agreement is a contractual arrangement between Putnam Mutual Funds Corp and Putnam High Yield Trust II specifically designed to facilitate the distribution of Class C shares. This plan outlines the terms and conditions under which the distribution of these shares will take place in the Hawaiian market. Class C shares are a type of mutual fund shares that typically carry a level load, meaning they include an ongoing sales charge or fee that is paid over a certain period, usually 1 to 10 years. This arrangement enables investors to access a specific fund while spreading the sales charge payments over time. The Hawaii Class C Distribution Plan and Agreement is specifically tailored to address the unique regulations and market dynamics of the Hawaiian market. The plan and agreement outline the specific terms, conditions, and obligations of both Putnam Mutual Funds Corp and Putnam High Yield Trust II in distributing Class C shares in Hawaii. It covers various aspects such as the distribution strategy, marketing efforts, compensation structure, and compliance requirements. The distribution plan specifies the strategies and methods to be employed by Putnam Mutual Funds Corp to promote and sell Class C shares to investors in Hawaii. It may include details on marketing campaigns, advertising channels, and promotional activities aimed at raising awareness and generating interest in the fund. In terms of compensation, the agreement outlines the sales charges or fees associated with Class C shares and the structure for compensating intermediaries or brokers involved in the distribution process. It may specify the commission rates, breakpoints, and any other relevant provisions related to compensating distributors within the Hawaiian market. Additionally, the plan and agreement ensure compliance with relevant laws, regulations, and industry standards. It may include provisions related to disclosure requirements, investor suitability standards, reporting obligations, and regulatory filings that both parties must adhere to during the distribution process. Different types or variations of the Hawaii Class C Distribution Plan and Agreement may exist depending on the specific fund or investment objectives. For example, there could be separate plans and agreements for different types of mutual funds or investment products offered by Putnam Mutual Funds Corp and Putnam High Yield Trust II in the Hawaiian market. Each plan would be customized to address the unique characteristics and requirements of the respective funds. In conclusion, the Hawaii Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II outlines the framework and guidelines for distributing Class C shares in the Hawaiian market. It covers various aspects of distribution, compensation, marketing, and compliance to ensure a well-structured and compliant distribution process tailored to meet the needs of the Hawaiian investors.