MODEL DISCRETIONARY INVESTMENT MANAGEMENT AGREEMENT Published by the Investment Management Association The copyright in this model discretionary investment management agreement (the "Model Agreement") is owned by Investment Management Association (""). Members of the (“Members”) are granted a licence to use, copy and adapt the Model Agreement for their own business purposes. Any other commercial exploitation, including without limitation publication of the Model Agreement in whole or in part, is expressly prohibited. Any use by non-members, or use by Members other than as indicated, is subject to permission from as set out further in our terms of use at . There is no obligation on Members to adopt the Model Agreement in whole or in part. The Model Agreement is intended for use as a template to be adapted and used to reflect their specific circumstances and needs. The Model Agreement is not intended to constitute advice in relation to any specific situation and Members should take independent legal, accountancy or tax advice as to the suitability of the Model Agreement for their purposes. No warranty or assurance is given in respect of the Model Agreement and shall not be liable for any loss or damage whatsoever or howsoever arising in connection with use of the Model Agreement. Discretionary Investment Management Agreement Contents 1. Definitions 4 2. Appointment 7 3. Effective Date and the Performance Commencement Date 8 4. Client categorisation 8 5. The Investment Management Service and other services 8 6. Standard of Care 9
MODEL DISCRETIONARY INVESTMENT MANAGEMENT AGREEMENT Published by the Investment Management Association The copyright in this model discretionary investment management agreement (the "Model Agreement") is owned by Investment Management Association (""). Members of the (“Members”) are granted a licence to use, copy and adapt the Model Agreement for their own business purposes. Any other commercial exploitation, including without limitation publication of the Model Agreement in whole or in part, is expressly prohibited. Any use by non-members, or use by Members other than as indicated, is subject to permission from as set out further in our terms of use at . There is no obligation on Members to adopt the Model Agreement in whole or in part. The Model Agreement is intended for use as a template to be adapted and used to reflect their specific circumstances and needs. The Model Agreement is not intended to constitute advice in relation to any specific situation and Members should take independent legal, accountancy or tax advice as to the suitability of the Model Agreement for their purposes. No warranty or assurance is given in respect of the Model Agreement and shall not be liable for any loss or damage whatsoever or howsoever arising in connection with use of the Model Agreement. Discretionary Investment Management Agreement Contents 1. Definitions 4 2. Appointment 7 3. Effective Date and the Performance Commencement Date 8 4. Client categorisation 8 5. The Investment Management Service and other services 8 6. Standard of Care 9
20130222-IMAversion1.1.docx