Document background
A Fund Distribution Agreement is essential for investment management companies seeking to distribute their funds through third-party channels in the Netherlands. This agreement type is required when a fund manager wishes to appoint distributors to market and sell their investment products, whether to retail or institutional investors. The agreement must comply with Dutch financial regulations, particularly the Financial Supervision Act (Wft) and MiFID II implementation, and typically includes detailed provisions on distribution rights, territory restrictions, regulatory compliance requirements, commission structures, and operational procedures. It's particularly important in the context of Dutch financial services law, which imposes strict requirements on the distribution of financial products and the protection of investors. The agreement serves as the primary legal framework governing the relationship between fund providers and their distribution partners, ensuring clear allocation of responsibilities and compliance with regulatory obligations.
