What is Parker Carlson & Johnsons policy for voting proxies?
Parker Carlson & Johnson Inc. has adopted proxy voting policies and procedures to enable it to comply with its responsibilities and the requirements of Rule 206(4)-6 under the Investment Advisers Act of 1940, as amended (the “Act”). According to the “Act,” the Adviser has a fiduciary duty to act in the best long-term interest of its clients, including proxy voting. Individual Accounts: The advisory contract states that Parker Carlson & Johnson will not vote proxies on behalf of its clients, with the exception of clients governed by the Employee Retirement Income Security Act of 1974 (ERISA). PC&J Mutual Funds: Parker Carlson & Johnson is the investment adviser for PC&J Mutual Funds, investment companies registered under the Investment Company Act of 1940, as amended. The adviser’s authority to vote proxies is established under the delegation of discretionary authority under its investment advisory contract. Therefore, the adviser will vote all proxies, received in sufficient time, as p
