Policies and Procedures of the Trust Clause Samples

The "Policies and Procedures of the Trust" clause establishes that the trust operates according to a set of formal rules and guidelines adopted by its governing body. These policies may cover areas such as investment decisions, conflict of interest management, beneficiary communications, and administrative processes. By setting out these procedures, the clause ensures consistent and transparent management of the trust, reducing ambiguity and helping trustees fulfill their duties in accordance with best practices and legal requirements.
Policies and Procedures of the Trust. Conduct a detailed review of the Trust's Compliance Program pertaining to compliance by registered investment companies with the Federal Securities Laws, among other things: 1. Pricing of portfolio securities and Fund shares, with a focus on the following items within the pricing polices and procedures: (a) monitoring for circumstances that may necessitate the use of fair value prices; (b) establishing criteria for determining when market quotations are no longer reliable for a particular portfolio security; (c) providing a methodology or methodologies by which the Funds determine the current fair value of their portfolio securities; and (d) reviewing the appropriateness and accuracy of the methodology used in valuing securities, including making any necessary adjustments. 2. Processing of Fund shares, with a focus on the following items: (a) segregation of investor orders received before the Funds price their shares from those that were received after the Funds price their shares; and (b) methodology used by the Funds to protect themselves and their shareholders against late trading. 3. Identification of affiliated persons to ensure that any transactions with affiliated persons are executed in compliance with the 1940 Act. 4. Protection of nonpublic information, including: (a) prohibitions against trading portfolio securities on the basis of information acquired by analysts or portfolio managers employed by the Trust or the Funds' investment adviser ("Adviser") or the Funds' investment subadviser ("Subadviser") ; (b) disclosure to third parties of material information about the Funds' portfolio holdings, trading strategies or pending transactions; and (c) purchase or sale of Fund shares by the personnel of the Trust or the Adviser or Subadviser based on material, nonpublic information about the Funds' portfolios. 5. Compliance with Fund governance requirements, including the procedures to guard against: (a) an improperly constituted Board of Trustees ("Board"); (b) failure of the Board to properly consider matters entrusted to it; and (c) failure of the Board to request and consider information required by the 1940 Act from the Trust and other Service Providers. 6. The excessive short-term trading of mutual fund shares that may be harmful to the Funds, including a focus on the following areas: (a) consistency of policies and procedures with the Funds' disclosed policies regarding market timing; (b) monitoring of shareholder trades or flows of money in and...
View SourceView Similar (4)
Policies and Procedures of the Trust. Conduct a detailed review of the Trust’s Compliance Program pertaining to compliance by registered investment companies with the Federal Securities Laws, among other things: 1. Pricing of portfolio securities and Fund shares, with a focus on the following items within the pricing policies and procedures: 2 “Federal Securities Laws” are defined by the Rule as the Securities Act of 1933, the Securities Exchange Act of 1934, the S▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002, the Investment Company Act of 1940, the Investment Advisers Act of 1940, Title V of the G▇▇▇▇-▇▇▇▇▇-▇▇▇▇▇▇ Act, any SEC rules adopted under any of the foregoing laws, the Bank Secrecy Act, as it applies to registered investment companies, and any rules adopted thereunder by the SEC or the Department of Treasury. (a) monitoring for circumstances that may necessitate the use of fair value prices; (b) reviewing criteria for determining when market quotations are no longer reliable for a particular portfolio security; (c) reviewing the appropriateness and accuracy of the methodology used in valuing securities, including making any necessary adjustments. 2. Processing of Fund shares, with a focus on the following items: (a) segregation of investor orders received before the Funds price their shares from those that were received after the Funds price their shares; and (b) methodology used by the Funds to protect themselves and their shareholders against late trading. 3. Identification of affiliated persons to ensure that any transactions with affiliated persons are executed in compliance with the 1940 Act. 4. Protection of nonpublic information, including: (a) prohibitions against trading portfolio securities on the basis of information acquired by analysts or portfolio managers employed by the Trust or the Funds’ investment adviser (“Adviser”) or the Funds’ investment sub-adviser (“Subadviser”); (b) disclosure to third parties of material information about the Funds’ portfolio holdings, trading strategies or pending transactions; and (c) purchase or sale of Fund shares by the personnel of the Trust or the Adviser or Subadviser based on material, nonpublic information about the Funds’ portfolios. 5. Compliance with Fund governance requirements, including the procedures to guard against: (a) an improperly constituted Board; (b) failure of the Board to properly consider matters entrusted to it; and (c) failure of the Board to request and consider information required by the 1940 Act from the Trust and other Service...
View Source

Related to Policies and Procedures of the Trust

  • Policies and Procedures i) The policies and procedures of the designated employer apply to the employee while working at both sites. ii) Only the designated employer shall have exclusive authority over the employee in regard to discipline, reporting to the College of Nurses of Ontario and/or investigations of family/resident complaints. iii) The designated employer will ensure that the employee is covered by WSIB at all times, regardless of worksite, while in the employ of either home. iv) The designated employer will ensure that the employee is covered by liability insurance at all times, regardless of worksite, while in the employ of either home. v) The designated employer shall have exclusive authority over the employee’s personnel files and health records. These files will be maintained on the site of the designated employer.

  • Violence Policies and Procedures The Employer agrees to have in place explicit policies and procedures to deal with violence. The policy will address the prevention of violence, the management of violent situations, provision of legal counsel and support to employees who have faced violence. The policies and procedures shall be part of the employee's health and safety policy and written copies shall be provided to each employee. Prior to implementing any changes to these policies, the employer agrees to consult with the Association.

  • Compliance Policies and Procedures To assist the Fund in complying with Rule 38a-1 of the 1940 Act, BBH&Co. represents that it has adopted written policies and procedures reasonably designed to prevent violation of the federal securities laws in fulfilling its obligations under the Agreement and that it has in place a compliance program to monitor its compliance with those policies and procedures. BBH&Co will upon request provide the Fund with information about our compliance program as mutually agreed.

  • COMPLIANCE WITH POLICIES AND PROCEDURES During the period that Executive is employed with the Company hereunder, Executive shall adhere to the policies and standards of professionalism set forth in the Company’s Policies and Procedures as they may exist from time to time.

  • Company Policies and Procedures 7.1.1 The Company will ensure that Employees are able to readily access Company policies and procedures that apply to the Employees. 7.1.2 The Employees will observe and act in accordance with Company policies and procedures that apply to the Employees, as implemented and amended from time to time.