A Virgin Islands Sub-Advisory Agreement is a contractual agreement between BNY Hamilton International Equity Fund and IndyCar, a subsidiary of Crédit Agricole, outlining the terms and conditions of their business relationship in the Virgin Islands. This agreement grants IndyCar the authority to act as a sub-advisor to the BNY Hamilton International Equity Fund in managing its assets within the Virgin Islands market. In this agreement, both parties establish clear and specific roles and responsibilities to ensure efficient collaboration. BNY Hamilton International Equity Fund entrusts IndyCar with the responsibility of making investment decisions, providing investment research, and managing the portfolio in adherence to the fund's investment objectives and guidelines. The Virgin Islands Sub-Advisory Agreement includes key provisions such as the compensation structure for IndyCar, which typically includes a management fee calculated as a percentage of the assets under management. It also outlines the reporting requirements, performance evaluation metrics, and termination conditions in case either party wishes to terminate the agreement. In addition, different types of the Virgin Islands Sub-Advisory Agreements may exist between BNY Hamilton International Equity Fund and IndyCar based on specific circumstances or variations in investment strategies. Some possible variations may include: 1. Comprehensive Sub-Advisory Agreement: This agreement encompasses a wide range of services provided by IndyCar, including investment research, portfolio management, risk management, and other related functions. It offers a more extensive scope of responsibilities and is suitable for a long-term partnership. 2. Limited Scope Sub-Advisory Agreement: This type of agreement focuses on a specific area of expertise or investment strategy. IndyCar might provide specialized advice or manage a particular segment of the BNY Hamilton International Equity Fund's assets, targeted towards achieving specific investment objectives or pursuing specific market opportunities. 3. Duration-Based Sub-Advisory Agreement: In this arrangement, the agreement has a predefined time frame or duration. Both parties agree on the period during which IndyCar will act as a sub-advisor to the BNY Hamilton International Equity Fund. This type of agreement may be suitable for short-term projects or specific investment initiatives. These are just a few potential examples of the different types of the Virgin Islands Sub-Advisory Agreements that could exist between BNY Hamilton International Equity Fund and IndyCar, depending on their mutual objectives, investment strategies, and market conditions.