Distribution Agreement between Prudential Tax-Managed Growth Fund and Prudential Investment Management Services, LLC regarding the continuous offering of the Fund's shares in order to promote the growth of the Fund and facilitate the distribution of the
You can buy shares anytime, as the continuous offering allows for purchases at your convenience. So, it’s like having a snack bar that’s open whenever you get hungry!
Absolutely! The terms of the agreement can be updated to reflect changes in laws or regulations but will usually require notice to the involved parties. It’s like updating the playbook as the game goes on.
Yes, there may be certain qualifications or restrictions for potential investors based on the Fund's guidelines. It’s like having a guest list for a party - not everyone may be able to join in.
The main benefit is that investors can buy shares whenever they want, making it convenient for them. It’s all about making it easy-peasy for folks to invest!
Continuous offering means that the Fund's shares are available to buy at any time, rather than just during specific sales periods. It’s like having a store that’s always open for business!
Any authorized distributor specified in the agreement can sell the Fund's shares. Think of them as the salespeople who help get the word out about the Fund.
The Tucson Arizona Distribution Agreement is basically a set of rules that helps outline how shares of the Fund can be offered and sold continuously in Tucson. It's like laying down the ground rules for a game.