Fairfax Virginia Management Agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC

State:
Multi-State
County:
Fairfax
Control #:
US-EG-9371
Format:
Word; 
Rich Text
Instant download

Description

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. Fairfax Virginia Management Agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC: The Fairfax Virginia Management Agreement is a contractual agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC. This agreement outlines the terms and conditions under which Prudential Tax-Managed Growth Fund entrusts the management of its investment portfolio to Prudential Investments Fund Management, LLC in the state of Virginia. Prudential Tax-Managed Growth Fund is an investment fund aimed at providing tax-efficient growth to its investors by investing in a diversified portfolio of stocks and other securities. On the other hand, Prudential Investments Fund Management, LLC is a registered investment adviser responsible for managing investment portfolios and providing investment advice. The primary purpose of the Fairfax Virginia Management Agreement is to establish a partnership between the two entities for the effective management of Prudential Tax-Managed Growth Fund's investment assets. It specifies the roles and responsibilities of each party, including the investment objectives, strategies, and restrictions. Key aspects covered in the Fairfax Virginia Management Agreement may include: 1. Investment Objectives: The agreement defines the investment objectives of Prudential Tax-Managed Growth Fund, which typically aim for long-term capital appreciation while considering tax efficiency. 2. Portfolio Management: Prudential Investments Fund Management, LLC is entrusted with managing the investment portfolio of Prudential Tax-Managed Growth Fund. This includes making investment decisions, asset allocation, and rebalancing the portfolio as required. 3. Investment Restrictions: The agreement may outline any limitations or restrictions imposed on Prudential Investments Fund Management, LLC regarding the assets it can invest in, investment concentration limits, sector allocations, and other risk management guidelines. 4. Reporting and Performance Measurement: The agreement specifies the reporting requirements of Prudential Investments Fund Management, LLC to Prudential Tax-Managed Growth Fund, including regular performance updates, risk assessments, and compliance reports. 5. Fees and Compensation: The management agreement may detail the fees and compensation structure for Prudential Investments Fund Management, LLC for their services. This can include management fees, administrative costs, performance-based fees, or other agreed-upon remuneration. Different types/forms of the Fairfax Virginia Management Agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC may include variations on the duration of the agreement (e.g., annual, multi-year, or rolling terms), specific investment strategies tailored for different market conditions, or unique provisions based on the requirements of the fund or the investment manager. In conclusion, the Fairfax Virginia Management Agreement is a crucial document that governs the relationship between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC. It ensures a clear understanding of the roles, responsibilities, and objectives for the effective management of the investment portfolio while considering tax efficiencies.

Fairfax Virginia Management Agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC: The Fairfax Virginia Management Agreement is a contractual agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC. This agreement outlines the terms and conditions under which Prudential Tax-Managed Growth Fund entrusts the management of its investment portfolio to Prudential Investments Fund Management, LLC in the state of Virginia. Prudential Tax-Managed Growth Fund is an investment fund aimed at providing tax-efficient growth to its investors by investing in a diversified portfolio of stocks and other securities. On the other hand, Prudential Investments Fund Management, LLC is a registered investment adviser responsible for managing investment portfolios and providing investment advice. The primary purpose of the Fairfax Virginia Management Agreement is to establish a partnership between the two entities for the effective management of Prudential Tax-Managed Growth Fund's investment assets. It specifies the roles and responsibilities of each party, including the investment objectives, strategies, and restrictions. Key aspects covered in the Fairfax Virginia Management Agreement may include: 1. Investment Objectives: The agreement defines the investment objectives of Prudential Tax-Managed Growth Fund, which typically aim for long-term capital appreciation while considering tax efficiency. 2. Portfolio Management: Prudential Investments Fund Management, LLC is entrusted with managing the investment portfolio of Prudential Tax-Managed Growth Fund. This includes making investment decisions, asset allocation, and rebalancing the portfolio as required. 3. Investment Restrictions: The agreement may outline any limitations or restrictions imposed on Prudential Investments Fund Management, LLC regarding the assets it can invest in, investment concentration limits, sector allocations, and other risk management guidelines. 4. Reporting and Performance Measurement: The agreement specifies the reporting requirements of Prudential Investments Fund Management, LLC to Prudential Tax-Managed Growth Fund, including regular performance updates, risk assessments, and compliance reports. 5. Fees and Compensation: The management agreement may detail the fees and compensation structure for Prudential Investments Fund Management, LLC for their services. This can include management fees, administrative costs, performance-based fees, or other agreed-upon remuneration. Different types/forms of the Fairfax Virginia Management Agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC may include variations on the duration of the agreement (e.g., annual, multi-year, or rolling terms), specific investment strategies tailored for different market conditions, or unique provisions based on the requirements of the fund or the investment manager. In conclusion, the Fairfax Virginia Management Agreement is a crucial document that governs the relationship between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC. It ensures a clear understanding of the roles, responsibilities, and objectives for the effective management of the investment portfolio while considering tax efficiencies.

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Fairfax Virginia Management Agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC