NO SHORTING; NO BORROWING. The Sub-Advisor represents that, pursuant to its Code of Ethics, no officer or employee of the Sub-Adviser may take any position, long or short, in the shares of the Fund. The Sub-Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use Fund assets in connection with any borrowing not directly for the Fund’s benefit.
Appears in 2 contracts
Sources: Investment Sub Advisory Agreement (Masters Select Funds Trust), Investment Sub Advisory Agreement (Masters Select Funds Trust)