A South Dakota Sub-Advisory Agreement is a contractual agreement between Prudential Investments Fund Management, LLC (IFM) and The Prudential Investment Corp. (PIC) that governs the provision of investment advisory services within the state of South Dakota. This agreement outlines the duties, responsibilities, and terms under which IFM serves as a sub-advisor to PIC. Under this agreement, IFM acts as a sub-advisor to PIC, providing investment advisory services in accordance with the investment objectives and policies set forth by PIC. These services may include portfolio management, investment research, asset allocation, risk assessment, performance evaluation, and other related functions. It is important to note that there may be different types or variations of the South Dakota Sub-Advisory Agreement between IFM and PIC, tailored to specific investment products or strategies. Some of these variations may include: 1. Equity Sub-Advisory Agreement: This type of agreement pertains to the provision of investment advisory services for equity-based investment products, such as mutual funds or separately managed accounts focused on stocks and equities. 2. Fixed Income Sub-Advisory Agreement: This agreement is specific to the provision of investment advisory services for fixed income investment products, such as bond funds or fixed income portfolios. IFM may provide expertise in areas such as bond selection, duration management, yield curve analysis, and credit analysis. 3. Multi-Asset Sub-Advisory Agreement: This type of agreement covers investment advisory services for portfolios that consist of various asset classes, including equities, fixed income securities, real estate, alternative investments, and more. IFM's role is to provide expertise in asset allocation, risk management, and selection of appropriate investments across different asset classes. 4. Specialized Strategy Sub-Advisory Agreement: In some cases, IFM and PIC may have a specific sub-advisory agreement for unique or specialized investment strategies. These strategies could include sector-specific funds, thematic funds, alternative investments, or strategies focused on specific market segments. Regardless of the specific type of South Dakota Sub-Advisory Agreement, the primary goal is for IFM to assist PIC in achieving superior investment performance and meeting the investment objectives set forth for the respective investment products or strategies. The agreement lays out the terms, compensation structure, termination clauses, and other important provisions necessary for the successful execution of the advisory services provided by IFM to PIC.
A South Dakota Sub-Advisory Agreement is a contractual agreement between Prudential Investments Fund Management, LLC (IFM) and The Prudential Investment Corp. (PIC) that governs the provision of investment advisory services within the state of South Dakota. This agreement outlines the duties, responsibilities, and terms under which IFM serves as a sub-advisor to PIC. Under this agreement, IFM acts as a sub-advisor to PIC, providing investment advisory services in accordance with the investment objectives and policies set forth by PIC. These services may include portfolio management, investment research, asset allocation, risk assessment, performance evaluation, and other related functions. It is important to note that there may be different types or variations of the South Dakota Sub-Advisory Agreement between IFM and PIC, tailored to specific investment products or strategies. Some of these variations may include: 1. Equity Sub-Advisory Agreement: This type of agreement pertains to the provision of investment advisory services for equity-based investment products, such as mutual funds or separately managed accounts focused on stocks and equities. 2. Fixed Income Sub-Advisory Agreement: This agreement is specific to the provision of investment advisory services for fixed income investment products, such as bond funds or fixed income portfolios. IFM may provide expertise in areas such as bond selection, duration management, yield curve analysis, and credit analysis. 3. Multi-Asset Sub-Advisory Agreement: This type of agreement covers investment advisory services for portfolios that consist of various asset classes, including equities, fixed income securities, real estate, alternative investments, and more. IFM's role is to provide expertise in asset allocation, risk management, and selection of appropriate investments across different asset classes. 4. Specialized Strategy Sub-Advisory Agreement: In some cases, IFM and PIC may have a specific sub-advisory agreement for unique or specialized investment strategies. These strategies could include sector-specific funds, thematic funds, alternative investments, or strategies focused on specific market segments. Regardless of the specific type of South Dakota Sub-Advisory Agreement, the primary goal is for IFM to assist PIC in achieving superior investment performance and meeting the investment objectives set forth for the respective investment products or strategies. The agreement lays out the terms, compensation structure, termination clauses, and other important provisions necessary for the successful execution of the advisory services provided by IFM to PIC.
