Sub-Advisory Agreement between Prudential Investments Fund Management, LLC and The Prudential Investment Corporation regarding the provision of investment advisory services to the series in connection with the management of the Series dated 00/00. 5
Maryland Sub-Advisory Agreement The Maryland Sub-Advisory Agreement is a legal contract between Prudential Investments Fund Management, LLC (the "Manager") and The Prudential Investment Corp. (the "Sub-Advisor") that outlines the provision of investment advisory services. This agreement specifically governs the relationship and responsibilities between the Manager and the Sub-Advisor in managing investment portfolios on behalf of clients. Prudential Investments Fund Management, LLC, a registered investment adviser, appoints The Prudential Investment Corp. as a sub-advisor to provide investment advisory services for certain investment funds or accounts. The Sub-Advisor agrees to act in accordance with the stated investment objectives and restrictions of each fund or account, as outlined in the agreement. Under the terms of the Maryland Sub-Advisory Agreement, the primary responsibilities of the Sub-Advisor include: 1. Portfolio Management: The Sub-Advisor is responsible for managing the day-to-day investment activities of the funds or accounts. This involves making investment decisions, executing trades, and monitoring the performance of the portfolios. 2. Investment Research: The Sub-Advisor conducts in-depth research and analysis to identify potential investment opportunities. This includes assessing market trends, evaluating financial statements, and conducting due diligence on various investment instruments. 3. Risk Management: The Sub-Advisor actively monitors and manages the risk associated with the investment portfolios. This involves implementing risk mitigation strategies and regularly assessing the risk tolerance of the portfolios. 4. Reporting and Communication: The Sub-Advisor provides regular reports to the Manager, detailing the performance of the investment portfolios, portfolio composition, and any material changes in investment strategies. Additionally, they maintain open lines of communication with the Manager to discuss investment decisions and address any concerns. There may be different types of Maryland Sub-Advisory Agreements between Prudential Investments Fund Management, LLC and The Prudential Investment Corp., depending on the specific investment funds or accounts involved. Some potential types of these agreements may include: 1. Equity Sub-Advisory Agreement: This agreement relates to the management of equity-focused investment funds or accounts. The Sub-Advisor specializes in investing in stocks and other equity securities to achieve the stated investment objectives. 2. Fixed Income Sub-Advisory Agreement: This agreement is specific to fixed income investment funds or accounts. The Sub-Advisor's primary focus is on managing bond portfolios and other fixed-income securities to generate income and preserve capital. 3. Balanced Portfolio Sub-Advisory Agreement: This agreement pertains to investment funds or accounts that have a balanced allocation between equity and fixed income securities. The Sub-Advisor is responsible for maintaining the desired asset allocation, ensuring a well-rounded investment approach. 4. Alternative Investments Sub-Advisory Agreement: This agreement may be relevant for funds or accounts that seek exposure to alternative asset classes, such as private equity, hedge funds, or real estate investments. The Sub-Advisor specializes in managing these non-traditional investment strategies. In summary, the Maryland Sub-Advisory Agreement between Prudential Investments Fund Management, LLC and The Prudential Investment Corp. establishes the framework for the provision of investment advisory services. This agreement outlines the roles, responsibilities, and expectations between the Manager and the Sub-Advisor in managing investment portfolios for clients, while ensuring compliance with relevant regulations and the specified investment objectives. Different types of sub-advisory agreements may exist based on the specific investment focus and objectives of various funds or accounts.
Maryland Sub-Advisory Agreement The Maryland Sub-Advisory Agreement is a legal contract between Prudential Investments Fund Management, LLC (the "Manager") and The Prudential Investment Corp. (the "Sub-Advisor") that outlines the provision of investment advisory services. This agreement specifically governs the relationship and responsibilities between the Manager and the Sub-Advisor in managing investment portfolios on behalf of clients. Prudential Investments Fund Management, LLC, a registered investment adviser, appoints The Prudential Investment Corp. as a sub-advisor to provide investment advisory services for certain investment funds or accounts. The Sub-Advisor agrees to act in accordance with the stated investment objectives and restrictions of each fund or account, as outlined in the agreement. Under the terms of the Maryland Sub-Advisory Agreement, the primary responsibilities of the Sub-Advisor include: 1. Portfolio Management: The Sub-Advisor is responsible for managing the day-to-day investment activities of the funds or accounts. This involves making investment decisions, executing trades, and monitoring the performance of the portfolios. 2. Investment Research: The Sub-Advisor conducts in-depth research and analysis to identify potential investment opportunities. This includes assessing market trends, evaluating financial statements, and conducting due diligence on various investment instruments. 3. Risk Management: The Sub-Advisor actively monitors and manages the risk associated with the investment portfolios. This involves implementing risk mitigation strategies and regularly assessing the risk tolerance of the portfolios. 4. Reporting and Communication: The Sub-Advisor provides regular reports to the Manager, detailing the performance of the investment portfolios, portfolio composition, and any material changes in investment strategies. Additionally, they maintain open lines of communication with the Manager to discuss investment decisions and address any concerns. There may be different types of Maryland Sub-Advisory Agreements between Prudential Investments Fund Management, LLC and The Prudential Investment Corp., depending on the specific investment funds or accounts involved. Some potential types of these agreements may include: 1. Equity Sub-Advisory Agreement: This agreement relates to the management of equity-focused investment funds or accounts. The Sub-Advisor specializes in investing in stocks and other equity securities to achieve the stated investment objectives. 2. Fixed Income Sub-Advisory Agreement: This agreement is specific to fixed income investment funds or accounts. The Sub-Advisor's primary focus is on managing bond portfolios and other fixed-income securities to generate income and preserve capital. 3. Balanced Portfolio Sub-Advisory Agreement: This agreement pertains to investment funds or accounts that have a balanced allocation between equity and fixed income securities. The Sub-Advisor is responsible for maintaining the desired asset allocation, ensuring a well-rounded investment approach. 4. Alternative Investments Sub-Advisory Agreement: This agreement may be relevant for funds or accounts that seek exposure to alternative asset classes, such as private equity, hedge funds, or real estate investments. The Sub-Advisor specializes in managing these non-traditional investment strategies. In summary, the Maryland Sub-Advisory Agreement between Prudential Investments Fund Management, LLC and The Prudential Investment Corp. establishes the framework for the provision of investment advisory services. This agreement outlines the roles, responsibilities, and expectations between the Manager and the Sub-Advisor in managing investment portfolios for clients, while ensuring compliance with relevant regulations and the specified investment objectives. Different types of sub-advisory agreements may exist based on the specific investment focus and objectives of various funds or accounts.