UCITS and AIF Management, Administration/Transfer Agent and Investment Management Agreements

Term and Termination of Agreements

1. A management, administration/transfer agent or investment management agreement should not provide for:

• notice period in excess of 6 months;
• an initial term (without termination on notice) in excess of 3 years; or
• successive periods (without termination on notice) in excess of 1 year.

2. The management, administration/transfer agent or investment management agreement should provide that either party may terminate on 30 days, 3 months or 6 months’ notice to the other party.

Issued: 5 October 2015
Latest revision: 5 October 2015