Virgin Islands Distribution Agreement regarding the continuous offering of the Fund's shares
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FAQ
While it is generally recommended to have a distribution agreement in place, it is not always a legal requirement. The need for a distribution agreement depends on various factors, including the nature of the products or services, the relationship between the parties, and applicable laws and regulations.
Any firm or an individual who facilitates buying and selling of units within a mutual fund between an AMC (Asset Management Company) and interested investors, is categorised as a mutual funds distributor. A distributor is basically an agent supplying goods to a retailer.
Types of distribution agreement Exclusive Distribution Agreements. Sole Distribution Agreements. Non-Exclusive Distribution Agreements. What is a distribution agreement?
A distribution agreement is a legal document that outlines the terms and conditions under which a company can distribute its products or services through a third party.
A distribution agreement is a legal contract between your company and distributors, defining the guidelines to market and sell your products. A distribution agreement grants a distributor the rights to market and sell your company products.
