Nassau New York Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II

• Category: Corporations - Public - Distribution
• State: Multi-State
• County: Nassau
• 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 Nassau New York Class C Distribution Plan and Agreement is a legal document that outlines the specific terms and conditions governing the distribution and sale of Class C shares of Putnam High Yield Trust II, a mutual fund managed by Putnam Mutual Funds Corp. This agreement is applicable to clients located in the Nassau County area of New York. The Class C Distribution Plan and Agreement aims to provide a comprehensive framework for the distribution of Class C shares, ensuring transparency and compliance with regulatory requirements. It includes provisions related to the payment of sales charges, commission fees, and other expenses associated with the purchase and sale of these shares. Under this agreement, investors who purchase Class C shares of Putnam High Yield Trust II are subject to a contingent deferred sales charge (CDs) that declines over time. The CDs are assessed when the shares are redeemed, offering investors flexibility regarding their investment timeframe. The agreement also specifies the responsibilities and obligations of both Putnam Mutual Funds Corp and Putnam High Yield Trust II with respect to the distribution of Class C shares. This includes the implementation of effective marketing and distribution strategies, compliance with relevant laws and regulations, and the provision of accurate and updated information to investors. It is important to note that there might exist variations or multiple versions of the Nassau New York Class C Distribution Plan and Agreement, tailored to specific circumstances or regulatory requirements. Some potential variations could be based on factors such as the investor's residency, investment size, or specific distribution channels utilized. To fully understand the terms and conditions of the Nassau New York Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II, interested parties should consult the official documentation provided by the fund manager or their authorized representatives. It is always advisable to seek professional advice before making any investment decisions to ensure compliance with regulations and align with individual financial goals.

The Nassau New York Class C Distribution Plan and Agreement is a legal document that outlines the specific terms and conditions governing the distribution and sale of Class C shares of Putnam High Yield Trust II, a mutual fund managed by Putnam Mutual Funds Corp. This agreement is applicable to clients located in the Nassau County area of New York. The Class C Distribution Plan and Agreement aims to provide a comprehensive framework for the distribution of Class C shares, ensuring transparency and compliance with regulatory requirements. It includes provisions related to the payment of sales charges, commission fees, and other expenses associated with the purchase and sale of these shares. Under this agreement, investors who purchase Class C shares of Putnam High Yield Trust II are subject to a contingent deferred sales charge (CDs) that declines over time. The CDs are assessed when the shares are redeemed, offering investors flexibility regarding their investment timeframe. The agreement also specifies the responsibilities and obligations of both Putnam Mutual Funds Corp and Putnam High Yield Trust II with respect to the distribution of Class C shares. This includes the implementation of effective marketing and distribution strategies, compliance with relevant laws and regulations, and the provision of accurate and updated information to investors. It is important to note that there might exist variations or multiple versions of the Nassau New York Class C Distribution Plan and Agreement, tailored to specific circumstances or regulatory requirements. Some potential variations could be based on factors such as the investor's residency, investment size, or specific distribution channels utilized. To fully understand the terms and conditions of the Nassau New York Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II, interested parties should consult the official documentation provided by the fund manager or their authorized representatives. It is always advisable to seek professional advice before making any investment decisions to ensure compliance with regulations and align with individual financial goals.