Common use of Class F Units Clause in Contracts

Class F Units. Class F Units are sold at net asset value, without an initial sales charge. Class F Units do not incur an ongoing annual account servicing fee. Class G Units Class G Units are sold at net asset value, without an initial sales charge. As of November 6, 2017, Bright Start Class G Units were re-designated as Class G Units in the Program. Only Account Owners who purchased Bright Start Class G Units prior to July 23, 2007 and whose broker of record remains Citigroup Global Market Inc. or Xxxxxx Xxxxxxx Xxxxx Xxxxxx LLC are eligible to purchase Class G Units in their existing Class G Units Accounts. If an Account Owner’s broker of record changes, such Account Owner is no longer eligible to hold Class G Units in his or her Account. Class G Units are subject to an ongoing annual account servicing fee of 0.25% of the value of the Class G Units held in an Account. This fee is accrued daily and reflected in the NAV of each Portfolio. Beginning in the 13th month after a Contribution is made, the annual account servicing fee will become payable to the financial adviser of the Account Owner.