Common use of ACCOUNTING SERVICE FEE Clause in Contracts

ACCOUNTING SERVICE FEE. For the accounting services rendered by IFS, the Fund will pay to IFS at the end of each calendar month an accounting service fee equal to the sum of (i) $2,000 per month and (ii) 0.05% of the Fund’s average daily net assets on an annual basis for the Fund’s first $50 million of average daily net assets, 0.04% of the Fund’s average daily net assets on an annual basis for the Fund’s next $50 million of average daily net assets, 0.03% of the Fund’s average daily net assets on an annual basis for the Fund’s next $100 million of average daily net assets, 0.02% of the Fund’s average daily net assets on an annual basis for the Fund’s next $300 million of average daily net assets, and 0.01% of the Fund’s average daily net assets on an annual basis for the Fund’s average daily net assets in excess of $500 million, together with reimbursement of out-of-pocket expenses. The Fund will pay an additional minimum fee of $500 per month for each additional share class.

ACCOUNTING SERVICE FEE. For the accounting services rendered by IFS, the each Fund will pay to IFS at the end of each calendar month an accounting service services fee equal to the sum of (i) $2,000 per month and (ii) 0.05% of the Fund’s average daily net assets on an annual basis for the Fund’s first $50 million of average daily net assets, 0.04% of the Fund’s average daily net assets on an annual basis for the Fund’s next $50 million of average daily net assets, 0.03% of the Fund’s average daily net assets on an annual basis for the Fund’s next $100 million of average daily net assets, 0.02% of the Fund’s average daily net assets on an annual basis for the Fund’s next $300 million of average daily net assets, and 0.01% of the Fund’s average daily net assets on an annual basis for the Fund’s average daily net assets in excess of $500 million, together with reimbursement of out-of-pocket expenses. The Fund will pay an An additional minimum accounting services fee of $500 per month will be charged by IFS for each additional share class.

ACCOUNTING SERVICE FEE. For the accounting services rendered by IFS, the each Fund will pay to IFS at the end of each calendar month an accounting service services fee equal to the sum of (i) $2,000 per month and (ii) 0.05% of the Fund’s 's average daily net assets on an annual basis for the Fund’s 's first $50 million of average daily net assets, 0.04% of the Fund’s 's average daily net assets on an annual basis for the Fund’s 's next $50 million of average daily net assets, 0.03% of the Fund’s 's average daily net assets on an annual basis for the Fund’s 's next $100 million of average daily net assets, 0.02% of the Fund’s 's average daily net assets on an annual basis for the Fund’s 's next $300 million of average daily net assets, and 0.01% of the Fund’s 's average daily net assets on an annual basis for the Fund’s 's average daily net assets in excess of $500 million, together with reimbursement of out-of-pocket expenses. The Fund will pay an An additional minimum accounting services fee of $500 per month will be charged by IFS for each additional share class.

ACCOUNTING SERVICE FEE. For the accounting services rendered by IFS, the Fund will pay to IFS at the end of each calendar month an accounting service fee equal to the sum of (i) $2,000 per month and (ii) 0.05% of the Fund’s 's average daily net assets on an annual basis for the Fund’s 's first $50 million of average daily net assets, 0.04% of the Fund’s 's average daily net assets on an annual basis for the Fund’s 's next $50 million of average daily net assets, 0.03% of the Fund’s 's average daily net assets on an annual basis for the Fund’s 's next $100 million of average daily net assets, 0.02% of the Fund’s 's average daily net assets on an annual basis for the Fund’s 's next $300 million of average daily net assets, and 0.01% of the Fund’s 's average daily net assets on an annual basis for the Fund’s 's average daily net assets in excess of $500 million, together with reimbursement of out-of-pocket expenses. The Fund will pay an additional minimum fee of $500 per month for each additional share class.