Fund Administration

The administrator provides general fund management, compliance, financial reporting, and tax reporting. Responsibilities include:

• Client interface
• Oversee day-to-day services and operational relationships of the fund
• Administer contracts on behalf of the fund
• Prepare and monitor the fund’s budget
• Prepare and monitor Sub-M compliance with IRS code
• Control fund disbursements and authorize such disbursements upon fund’s instructions
• Prepare work papers and assist auditors during annual audit
• Assist with layout and printing of shareholder communications
• Prepare and file all financial reports (Form N-SAR, N-CSR, N-Q)
• Assist in the preparation of amendments to Fund’s registration statements
• Compute dividend and other distributions payable to shareholders as necessary
• Assist in securing Fidelity Bond insurance and required filings under rule 17g-1
• Assist legal counsel in the preparation of trustees/management meetings
• Coordinate shareholder meetings
• Monitor the fund’s compliance with investment restrictions and limitations imposed by the 1940 Act and state Blue Sky laws