Get Mutual Fund Management And Professional ... - Xl Group

Filling out the MUTUAL FUND MANAGEMENT AND PROFESSIONAL LIABILITY form is an essential step in securing coverage under the Financial Services Liability Policy. This guide aims to provide clear and supportive instructions for users to complete the form accurately and effectively.

Follow the steps to complete your application with ease.

1. Press the ‘Get Form’ button to access the document and open it in your preferred editing environment.
2. Begin filling in the 'Name of Applicant' field. This should represent the designated insured entity applying for coverage.
3. Enter the 'Principal Address' along with the corresponding city, state, and zip code of the applicant to ensure accurate location identification.
4. Complete the schedule of Funds by providing the necessary details, including 'Name of Mutual Fund or Portfolio,' 'Date Established,' 'Current Net Assets,' 'Sales Last 12 Months,' 'Redemptions Last 12 Months,' 'Sales Load,' and 'Management Fee' for each fund listed.
5. If you have additional funds to report, attach a supplemental document with the required information to this application.
6. Answer the yes/no questions regarding any affiliated investment advisers, sub-advisers, or distributors. If yes, provide name and address details in the specified fields.
7. Indicate any changes in investment restrictions, operational changes, or regulatory recommendations in the past two years, and provide explanations through attachments if applicable.
8. Detail the applicant's recent regulatory examinations, including the name of the regulatory authority, date, and examination type (on-site or off-site). State whether all recommendations have been complied with.
9. Disclose any legal actions involving the applicant or any claims made that relate to the coverage being sought, providing explanations in attachments where necessary.
10. Attach required supporting documents, including the most recent prospectus and reports for each fund listed and a summary of any litigation filed in the past year.
11. Have the application signed by the President and/or CEO of the applicant, acting as the authorized agent. Make sure to date the signature appropriately.
12. Finally, after all fields are completed and double-checked, save your changes, and choose the option to download, print, or share your completed form as necessary.

Get started now and ensure your coverage by completing the required documents online.