Coordination, Oversight and Monitoring of Service Providers. The Investment Adviser shall monitor, coordinate and oversee the activities performed by the third parties with which its affiliates contract for the provision of sub-transfer agency services. In doing so the Investment Adviser shall establish procedures to monitor the activities of such third parties. These procedures may, but need not, include monitoring: (i) telephone queue wait times; (ii) telephone abandon rates; (iii) website and voice response unit downtimes; (iv) downtime of the third party’s shareholder account recordkeeping system; (v) the accuracy and timeliness of financial and non-financial transactions; and (vi) compliance with the Fund prospectus. 1. The parties to this Amended and Restated Shareholder Services Agreement (the “Agreement”), which is effective as of June 2, 2025, are Emerging Markets Equities Fund, Inc., a Maryland corporation (the “Fund”), and American Funds Service Company, a California corporation (“AFS”). AFS is a wholly owned subsidiary of Capital Research and Management Company (“CRMC”), an affiliate of Capital International, Inc. (“CIInc”), the Fund’s Investment Adviser. This Agreement will continue in effect until amended or terminated in accordance with its terms. 2. The Fund hereby employs AFS, and AFS hereby accepts such employment by the Fund, as its transfer agent. In such capacity AFS will provide the services of stock transfer agent, dividend disbursing agent, redemption agent, and such additional related services as the Fund may from time to time require, in respect of Class M shares; Class F-2 shares and Class F-3 shares (the “Class F shares”); and Class R-6 shares (Class M shares, Class F shares and Class R-6 shares, collectively, the “shares”) of the Fund, all of which services are sometimes referred to herein as “shareholder services.” In addition, AFS assumes responsibility for the Fund’s implementation and compliance with the procedures set forth in the Anti-Money Laundering Program (“AML Program”) of the Fund and does hereby agree to provide all records relating to the AML Program to any federal examiner of the Fund upon request.
Appears in 1 contract
Sources: Administrative Services Agreement (Emerging Markets Equities Fund Inc)
Coordination, Oversight and Monitoring of Service Providers. The Investment Adviser shall monitor, coordinate and oversee the activities performed by the third parties with which its affiliates contract for the provision of sub-transfer agency servicesservices to ensure shareholders receive high-quality service. In doing so the Investment Adviser shall establish procedures to monitor the activities of such third parties. These procedures may, but need not, include monitoring: (i) telephone queue wait times; (ii) telephone abandon rates; (iii) website and voice response unit downtimes; (iv) downtime of the third party’s shareholder account recordkeeping system; (v) the accuracy and timeliness of financial and non-financial transactions; and (vi) to ensure compliance with the Fund Trust’s prospectus; and (vii) with respect to Class 529 shares, compliance with the CollegeAmerica program description.
1. The parties to this Amended and Restated Shareholder Services Agreement (the “Agreement”), which is effective as of June 2January 1, 20252012, are Emerging Markets Equities Fund, Inc.The American Funds Tax-Exempt Series I, a Maryland corporation Delaware statutory trust (the “FundTrust”), and American Funds Service Company, a California corporation (“AFS”). AFS is a wholly owned subsidiary of Capital Research and Management Company (“CRMC”), an affiliate of Capital International, Inc. (“CIInc”), the Fund’s Investment Adviser. This Agreement will continue in effect until amended or terminated in accordance with its terms.
2. The Fund Trust hereby employs AFS, and AFS hereby accepts such employment by the FundTrust, as its transfer agent. In such capacity AFS will provide the services of stock transfer agent, dividend disbursing agent, redemption agent, and such additional related services as the Fund Trust may from time to time require, in respect of Class M sharesA; Class F-2 shares B; Class C; and Class F-3 shares F-1 and Class F-2 (the “Class F shares”); and Class R-6 shares ) (Class M shares, Class F shares and Class R-6 shares, collectively, collectively the “shares”) of the FundTrust, all of which services are sometimes referred to herein as “shareholder services.” In addition, AFS assumes responsibility for the FundTrust’s implementation and compliance with the procedures set forth in the Anti-Money Laundering Program (“AML Program”) of the Fund Trust and does hereby agree to provide all records relating to the AML Program to any federal examiner of the Fund Trust upon request.
Appears in 1 contract
Sources: Administrative Services Agreement (American Funds Tax Exempt Series I)
Coordination, Oversight and Monitoring of Service Providers. The Investment Adviser shall coordinate, monitor, coordinate oversee and oversee assist with the activities performed by the third parties Service Providers with which its affiliates contract for it contracts to ensure that the provision shareholders of subthe Trust’s Class C shares, Class F shares, and Class R shares receive high-transfer agency servicesquality service. In doing so the The Investment Adviser shall establish procedures also ensure that Service Providers deliver to monitor the activities of such third parties. These procedures mayCustomers account statements and all Trust-related materials, but need notincluding summary prospectuses and/or prospectuses, include monitoring: (i) telephone queue wait times; (ii) telephone abandon rates; (iii) website shareholder reports, and voice response unit downtimes; (iv) downtime of the third party’s shareholder account recordkeeping system; (v) the accuracy and timeliness of financial and non-financial transactions; and (vi) compliance with the Fund prospectusproxies.
1. The parties to this Amended and Restated Shareholder Services Agreement (the “Agreement”), which is effective as of June 2October 1, 20252010, are Emerging Markets Equities Fund, Inc.THE AMERICAN FUNDS TAX-EXEMPT SERIES I, a Maryland corporation Delaware statutory trust (the “Fund”), and American Funds Service Company, a California corporation (“AFS”). AFS is a wholly owned subsidiary of Capital Research and Management Company (“CRMC”), an affiliate of Capital International, Inc. (“CIInc”), the Fund’s Investment Adviser. This Agreement will continue in effect until amended or terminated in accordance with its terms.
2. The Fund hereby employs AFS, and AFS hereby accepts such employment by the Fund, as its transfer agent. In such capacity AFS will provide the services of stock transfer agent, dividend disbursing agent, redemption agent, and such additional related services as the Fund may from time to time require, in respect of Class M shares; Class F-2 shares A and Class F-3 B shares (the “Class F shares”); and Class R-6 shares (Class M shares, Class F shares and Class R-6 shares, collectively, the “shares”) of the Fund, all of which services are sometimes referred to herein as “shareholder services.” In addition, AFS assumes responsibility for the Fund’s implementation and compliance with the procedures set forth in the Anti-Money Laundering Program (“AML ProgramAML”) Program of the Fund and does hereby agree to provide all records relating to the AML Program to any federal examiner of the Fund upon request.
3. AFS has entered into substantially identical agreements with other investment companies for which CRMC serves as investment adviser. (For the purposes of this Agreement, such investment companies, including the Fund, are called “participating investment companies.”)
4. AFS has entered into an agreement with DST Systems, Inc. (hereinafter called “DST”), to provide AFS with electronic data processing services sufficient for the performance of the shareholder services referred to in paragraph 2.
5. The Fund, together with the other participating companies, will maintain a Review and Advisory Committee, which Committee will review and may make recommendations to the boards of the participating investment companies regarding all fees and charges provided for in this Agreement, as well as review the level and quality of the shareholder services rendered to the participating investment companies and their shareholders. Each participating investment company may select one director or trustee who is not affiliated with CRMC, or any of its affiliated companies, or with Washington Management Corporation or any of its affiliated companies, to serve on the Review and Advisory Committee.
6. AFS will provide to the participating investment companies the shareholder services referred to herein in return for the following fees: Annual account maintenance fee (paid monthly): Broker controlled account (networked and street) $0.84 Full service account $16.00 No annual fee will be charged for a participant account underlying a 401(k) or other defined contribution plan where the plan maintains a single account on AFS’ books and responds to all participant inquiries. AFS will ▇▇▇▇ the Fund monthly, on or shortly after the first of each calendar month, and the Fund will pay AFS within five business days of such billing. Any revision of the schedule of charges set forth herein shall require the affirmative vote of a majority of the members of the board of trustees of the Fund.
Appears in 1 contract
Sources: Administrative Services Agreement (American Funds Tax Exempt Series I)
Coordination, Oversight and Monitoring of Service Providers. The Investment Adviser shall monitor, coordinate and oversee the activities performed by the third parties with which its affiliates contract for the provision of sub-transfer agency servicesservices to ensure shareholders receive high-quality service. In doing so the Investment Adviser shall establish procedures to monitor the activities of such third parties. These procedures may, but need not, include monitoring: (i) telephone queue wait times; (ii) telephone abandon rates; (iii) website and voice response unit downtimes; (iv) downtime of the third party’s shareholder account recordkeeping system; (v) the accuracy and timeliness of financial and non-financial transactions; and (vi) to ensure compliance with the Fund prospectus; and (vii) with respect to Class 529 shares, compliance with the CollegeAmerica program description.
1. The parties to this Amended and Restated Shareholder Services Agreement (the “Agreement”), which is effective as of June 2January 1, 20252012, are Emerging Markets Equities Washington Mutual Investors Fund, Inc., a Maryland corporation Delaware statutory trust (the “Fund”), and American Funds Service Company, a California corporation (“AFS”). AFS is a wholly owned subsidiary of Capital Research and Management Company (“CRMC”), an affiliate of Capital International, Inc. (“CIInc”), the Fund’s Investment Adviser. This Agreement will continue in effect until amended or terminated in accordance with its terms.
2. The Fund hereby employs AFS, and AFS hereby accepts such employment by the Fund, as its transfer agent. In such capacity AFS will provide the services of stock transfer agent, dividend disbursing agent, redemption agent, and such additional related services as the Fund may from time to time require, in respect of Class M shares; A, Class B, Class C, Class F-1, Class F-2 shares and Class F-3 shares (the “Class F shares), Class 529-A, Class 529-B, Class 529-C, Class 529-E, Class 529-F-1 (“Class 529 shares”); , Class R-1, Class R-2, Class R-3, Class R-4, Class R-5 and Class R-6 shares (“Class M R shares”) (Class A, Class F shares B, Class C, Class F, Class 529 and Class R-6 shares, collectively, R shares collectively the “shares”) of the Fund, all of which services are sometimes referred to herein as “shareholder services.” In addition, AFS assumes responsibility for the Fund’s implementation and compliance with the procedures set forth in the Anti-Money Laundering Program (“AML Program”) of the Fund and does hereby agree to provide all records relating to the AML Program to any federal examiner of the Fund upon request.
Appears in 1 contract
Sources: Administrative Services Agreement (Washington Mutual Investors Fund)