Aggregation and Allocation. ▇▇▇▇▇▇▇ may in some cases aggregate sales and purchase orders of securities and other investments for Clients with concurrent trades managed by ▇▇▇▇▇▇▇ or its affiliates. ▇▇▇▇▇▇▇ is not obligated to aggregate orders, and will only do so if ▇▇▇▇▇▇▇ reasonably believes such aggregation will result in an overall benefit to its Clients, taking into consideration the objective of best execution as defined above. Aggregated orders are allocated among ▇▇▇▇▇▇▇ Clients such that Clients are treated on a fair and equitable basis, and that the interests of some Clients are not placed over those of others. SECURITIES TRANSACTIONS. ▇▇▇▇▇▇▇ effects transactions in securities including stocks and bonds as follows:
Appears in 2 contracts
Sources: Interim Sub Advisory Agreement (Touchstone Strategic Trust), Interim Sub Advisory Agreement (Touchstone Strategic Trust)