Harris Texas Management Agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC

• Category: Corporations - Public - Management
• State: Multi-State
• County: Harris
• Control #: US-EG-9371
• Format: Word; Rich Text

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. The Harris Texas Management Agreement is a legal contract between Prudential Tax-Managed Growth Fund (PT MGF) and Prudential Investments Fund Management, LLC (IFM), governing the management of investment funds. This agreement outlines the rights, responsibilities, and obligations of both parties involved in the management and operation of PT MGF. Prudential Tax-Managed Growth Fund is a mutual fund designed to provide long-term capital appreciation while managing tax liabilities for investors. Prudential Investments Fund Management, LLC serves as the investment manager responsible for overseeing the portfolio and making investment decisions on behalf of the fund. The Harris Texas Management Agreement establishes the framework for the working relationship between PT MGF and IFM. It covers various aspects of fund management, including but not limited to: 1. Investment Objectives and Strategy: The agreement defines the investment objectives, risk tolerance, and overall market strategy for PT MGF. It outlines the fund's investment style, asset allocation, and diversification guidelines. 2. Investment Management: IFM is entrusted with the day-to-day management of PT MGF's portfolio. The agreement specifies the manager's responsibilities, including the selection and monitoring of investments, execution of trades, and investment research. 3. Compensation and Expenses: The agreement details the fees payable to IFM for its investment management services. This may include management fees, performance-based fees, or other agreed-upon compensation arrangements. It also addresses the reimbursement of certain expenses incurred by IFM. 4. Reporting and Communication: The agreement outlines the reporting requirements, periodic financial statements, and communication channels between PT MGF and IFM, ensuring transparency and accountability. 5. Compliance and Regulatory Matters: The agreement includes provisions ensuring compliance with applicable laws, rules, and regulations governing the mutual fund industry. It outlines the responsibilities of both parties to meet regulatory obligations and maintain proper documentation. There may be multiple types of Harris Texas Management Agreements between PT MGF and IFM based on the specific fund strategies or investment objectives. These variations could encompass agreements for different fund categories such as equity funds, bond funds, balanced funds, or sector-specific funds. In conclusion, the Harris Texas Management Agreement between PT MGF and IFM is a vital legal document that establishes the framework for the management of investment funds. It outlines the roles, responsibilities, compensation arrangements, and other important details governing the relationship between the fund and its manager.

The Harris Texas Management Agreement is a legal contract between Prudential Tax-Managed Growth Fund (PT MGF) and Prudential Investments Fund Management, LLC (IFM), governing the management of investment funds. This agreement outlines the rights, responsibilities, and obligations of both parties involved in the management and operation of PT MGF. Prudential Tax-Managed Growth Fund is a mutual fund designed to provide long-term capital appreciation while managing tax liabilities for investors. Prudential Investments Fund Management, LLC serves as the investment manager responsible for overseeing the portfolio and making investment decisions on behalf of the fund. The Harris Texas Management Agreement establishes the framework for the working relationship between PT MGF and IFM. It covers various aspects of fund management, including but not limited to: 1. Investment Objectives and Strategy: The agreement defines the investment objectives, risk tolerance, and overall market strategy for PT MGF. It outlines the fund's investment style, asset allocation, and diversification guidelines. 2. Investment Management: IFM is entrusted with the day-to-day management of PT MGF's portfolio. The agreement specifies the manager's responsibilities, including the selection and monitoring of investments, execution of trades, and investment research. 3. Compensation and Expenses: The agreement details the fees payable to IFM for its investment management services. This may include management fees, performance-based fees, or other agreed-upon compensation arrangements. It also addresses the reimbursement of certain expenses incurred by IFM. 4. Reporting and Communication: The agreement outlines the reporting requirements, periodic financial statements, and communication channels between PT MGF and IFM, ensuring transparency and accountability. 5. Compliance and Regulatory Matters: The agreement includes provisions ensuring compliance with applicable laws, rules, and regulations governing the mutual fund industry. It outlines the responsibilities of both parties to meet regulatory obligations and maintain proper documentation. There may be multiple types of Harris Texas Management Agreements between PT MGF and IFM based on the specific fund strategies or investment objectives. These variations could encompass agreements for different fund categories such as equity funds, bond funds, balanced funds, or sector-specific funds. In conclusion, the Harris Texas Management Agreement between PT MGF and IFM is a vital legal document that establishes the framework for the management of investment funds. It outlines the roles, responsibilities, compensation arrangements, and other important details governing the relationship between the fund and its manager.