Utah 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. The Utah Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II is a comprehensive arrangement that outlines the distribution strategy and terms for Class C shares of the mutual fund. The agreement ensures that Putnam Mutual Funds Corp, the distributor, effectively promotes and distributes the Class C shares of Putnam High Yield Trust II in the state of Utah. It sets out the mutual understanding between the two parties regarding sales, marketing, and distribution practices promoting the fund's growth. The Utah Class C Distribution Plan and Agreement include various key components, such as: 1. Distribution Structure: It outlines the structure and mechanism for distributing Class C shares within the Utah market. This encompasses the identification of authorized intermediaries, such as financial advisors or broker-dealers, who are licensed to sell and offer these shares to investors. 2. Marketing Activities: The agreement delineates the marketing initiatives to increase the visibility and awareness of Putnam High Yield Trust II and its Class C shares. This may encompass advertising, promotional campaigns, presentations, seminars, and other strategies aimed at attracting potential investors. 3. Compensation and Expenses: The agreement defines the compensation and expenses related to the distribution of Class C shares. This includes sales charges, trailing commissions, and other fees that are remunerated to the distributor and intermediaries for their services. 4. Regulatory Compliance: The agreement ensures compliance with the relevant securities laws, rules, and regulations of Utah, including the proper registration and licensing of the distributor and intermediaries. It also outlines the responsibilities and obligations of both parties concerning investor protection and adherence to industry standards. 5. Reporting and Records: The agreement mandates regular reporting and record-keeping practices monitoring and evaluate the distribution activities effectively. This includes documenting sales trends, investor feedback, compliance reports, and any changes or updates required to enhance distribution effectiveness. It is important to note that although there may be different Class C Distribution Plans and Agreements in Utah, the specific details may vary depending on the mutual fund and its distributor. Each agreement will be tailored to the particular characteristics and objectives of the fund it represents. In summary, the Utah Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II is an essential document that governs the distribution of Class C shares within the state of Utah. By establishing a clear framework and guidelines, it ensures an organized and compliant distribution strategy to benefit both the mutual fund and its investors.

The Utah Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II is a comprehensive arrangement that outlines the distribution strategy and terms for Class C shares of the mutual fund. The agreement ensures that Putnam Mutual Funds Corp, the distributor, effectively promotes and distributes the Class C shares of Putnam High Yield Trust II in the state of Utah. It sets out the mutual understanding between the two parties regarding sales, marketing, and distribution practices promoting the fund's growth. The Utah Class C Distribution Plan and Agreement include various key components, such as: 1. Distribution Structure: It outlines the structure and mechanism for distributing Class C shares within the Utah market. This encompasses the identification of authorized intermediaries, such as financial advisors or broker-dealers, who are licensed to sell and offer these shares to investors. 2. Marketing Activities: The agreement delineates the marketing initiatives to increase the visibility and awareness of Putnam High Yield Trust II and its Class C shares. This may encompass advertising, promotional campaigns, presentations, seminars, and other strategies aimed at attracting potential investors. 3. Compensation and Expenses: The agreement defines the compensation and expenses related to the distribution of Class C shares. This includes sales charges, trailing commissions, and other fees that are remunerated to the distributor and intermediaries for their services. 4. Regulatory Compliance: The agreement ensures compliance with the relevant securities laws, rules, and regulations of Utah, including the proper registration and licensing of the distributor and intermediaries. It also outlines the responsibilities and obligations of both parties concerning investor protection and adherence to industry standards. 5. Reporting and Records: The agreement mandates regular reporting and record-keeping practices monitoring and evaluate the distribution activities effectively. This includes documenting sales trends, investor feedback, compliance reports, and any changes or updates required to enhance distribution effectiveness. It is important to note that although there may be different Class C Distribution Plans and Agreements in Utah, the specific details may vary depending on the mutual fund and its distributor. Each agreement will be tailored to the particular characteristics and objectives of the fund it represents. In summary, the Utah Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II is an essential document that governs the distribution of Class C shares within the state of Utah. By establishing a clear framework and guidelines, it ensures an organized and compliant distribution strategy to benefit both the mutual fund and its investors.