Management Agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC regarding provision of investment advisory and administrative services dated 00/00. 8 pages.
The Texas Management Agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC (hereinafter referred to as "the Agreement") is a legally binding contract that outlines the terms and conditions of the fund management services provided by Prudential Investments Fund Management, LLC to Prudential Tax-Managed Growth Fund. This Agreement is specifically applicable to the state of Texas. Prudential Tax-Managed Growth Fund, as the client, entrusts Prudential Investments Fund Management, LLC with the responsibility of managing its investment portfolio, adhering to specific investment guidelines, and making decisions on behalf of the fund. The fund management services include but are not limited to investment strategy formulation, asset allocation, security selection, risk management, and monitoring the fund's performance. The Agreement outlines various key provisions, including: 1. Responsibilities: It defines the roles and responsibilities of both parties, ensuring a clear understanding of the scope of work. Prudential Investments Fund Management, LLC is responsible for diligently managing the fund, while Prudential Tax-Managed Growth Fund is responsible for providing necessary information and documentation required for efficient fund management. 2. Investment Guidelines: The Agreement establishes specific investment guidelines and objectives to be followed by Prudential Investments Fund Management, LLC. These guidelines may include restrictions on asset classes, sectors, geographic regions, and risk parameters that the fund manager must adhere to. 3. Compensation: The Agreement determines the fee structure and compensation arrangements for Prudential Investments Fund Management, LLC's services. This may include a management fee, performance-based fees, or any other agreed-upon remuneration structure. 4. Reporting and Communication: The Agreement establishes the frequency and format of reporting, including performance reports, risk analysis, and any other relevant information that Prudential Tax-Managed Growth Fund requires. Additionally, it defines the communication channels and points of contact between both parties. 5. Duration and Termination: The Agreement specifies the initial term of the agreement and any renewal provisions. It also outlines the conditions under which either party can terminate the agreement, such as breaches of contract or mutual agreement. While there might not be different types of Texas Management Agreement specifically between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC, it is important to note that the Agreement can be tailored to meet the specific needs and objectives of the parties involved. Each agreement may have unique terms and conditions based on the negotiation and requirements of the client and the fund manager. In conclusion, the Texas Management Agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC is an essential document that governs the professional relationship and responsibilities between the fund manager and the client. It ensures transparent and efficient fund management practices while considering the specific investment objectives and guidelines set by Prudential Tax-Managed Growth Fund.
The Texas Management Agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC (hereinafter referred to as "the Agreement") is a legally binding contract that outlines the terms and conditions of the fund management services provided by Prudential Investments Fund Management, LLC to Prudential Tax-Managed Growth Fund. This Agreement is specifically applicable to the state of Texas. Prudential Tax-Managed Growth Fund, as the client, entrusts Prudential Investments Fund Management, LLC with the responsibility of managing its investment portfolio, adhering to specific investment guidelines, and making decisions on behalf of the fund. The fund management services include but are not limited to investment strategy formulation, asset allocation, security selection, risk management, and monitoring the fund's performance. The Agreement outlines various key provisions, including: 1. Responsibilities: It defines the roles and responsibilities of both parties, ensuring a clear understanding of the scope of work. Prudential Investments Fund Management, LLC is responsible for diligently managing the fund, while Prudential Tax-Managed Growth Fund is responsible for providing necessary information and documentation required for efficient fund management. 2. Investment Guidelines: The Agreement establishes specific investment guidelines and objectives to be followed by Prudential Investments Fund Management, LLC. These guidelines may include restrictions on asset classes, sectors, geographic regions, and risk parameters that the fund manager must adhere to. 3. Compensation: The Agreement determines the fee structure and compensation arrangements for Prudential Investments Fund Management, LLC's services. This may include a management fee, performance-based fees, or any other agreed-upon remuneration structure. 4. Reporting and Communication: The Agreement establishes the frequency and format of reporting, including performance reports, risk analysis, and any other relevant information that Prudential Tax-Managed Growth Fund requires. Additionally, it defines the communication channels and points of contact between both parties. 5. Duration and Termination: The Agreement specifies the initial term of the agreement and any renewal provisions. It also outlines the conditions under which either party can terminate the agreement, such as breaches of contract or mutual agreement. While there might not be different types of Texas Management Agreement specifically between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC, it is important to note that the Agreement can be tailored to meet the specific needs and objectives of the parties involved. Each agreement may have unique terms and conditions based on the negotiation and requirements of the client and the fund manager. In conclusion, the Texas Management Agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC is an essential document that governs the professional relationship and responsibilities between the fund manager and the client. It ensures transparent and efficient fund management practices while considering the specific investment objectives and guidelines set by Prudential Tax-Managed Growth Fund.