Common use of Establishment and Designation of Sub-Trusts Clause in Contracts

Establishment and Designation of Sub-Trusts. Without limiting the Trustees’ authority to establish further sub-trusts and classes pursuant to Section 4.1, the Trustees hereby establish the following sub-trusts and classes: FUNDS/CLASSES WITH NO DISTRIBUTION PLAN (CLASS Q, CLASS S AND CLASS Z) ICON Asia Pacific Region Fund – Class S ICON Bond Fund – Class Z ICON Consumer Discretionary Fund – Class S ICON Core Equity Fund – Class Z ICON Risk-Managed Equity Fund – Class Z (formerly named ICON Income Opportunity Fund – Class Z) ICON Energy Fund – Class S ICON Equity Income Fund – Class Z ICON Europe Fund – Class S ICON Financial Fund – Class S ICON Healthcare Fund – Class S ICON Industrials Fund – Class S ICON Information Technology Fund – Class S ICON International Equity Fund – Class S, Class Q, and Class Z ICON Leisure and Consumer Staples Fund – Class S ICON Long/Short Fund – Class Z ICON Materials Fund – Class S ICON Telecommunication & Utilities Fund – Class S FUNDS/CLASSES WITH DISTRIBUTION PLAN (CLASS C, CLASS I and CLASS A) ICON Bond Fund – Class A, Class C and Class I ICON Core Equity Fund – Class A, Class C, and Class I ICON Risk-Managed Equity Fund (formerly named ICON Income Opportunity Fund) – Class A, Class C and Class I ICON Equity Income Fund – Class A, Class C, and Class I ICON Long/Short Fund – Class A, Class C and Class I ICON International Equity Fund – Class A, Class C, and Class I ICON Asia-Pacific Region Fund – Class A, Class C, and Class I ICON Europe Fund – Class A and Class C ICON Consumer Discretionary Fund – Class A and Class C ICON Energy Fund – Class A and Class C ICON Financial Fund – Class A and Class C ICON Healthcare Fund – Class A and Class C ICON Industrials Fund – Class A and Class C ICON Information Technology Fund – Class A and Class C ICON Leisure and Consumer Staples Fund – Class A and Class C ICON Materials Fund – Class A and Class C ICON Telecommunication & Utilities Fund – Class A and Class C IN WITNESS WHEREOF, my hand as of this 16th day of September, 2010. Xxxxxx Xxxxxxx, Vice President and Secretary STATE OF COLORADO ) ) ss: COUNTY OF ARAPAHOE ) Before me, a Notary Public in and for said county and state, personally appeared the above Xxxxxx Xxxxxxx, who acknowledged that he did sign the foregoing instrument in the capacity indicated, and that the same is his free act and deed on this 16th day of September, 2010. Signature of Notary Public: My Commission Expires:

Establishment and Designation of Sub-Trusts. Without limiting the Trustees’ authority to establish further sub-trusts and classes pursuant to Section 4.1, the Trustees hereby establish the following sub-trusts and classes: FUNDS WITH NO CLASSES AND NO DISTRIBUTION PLAN ICON Opportunities Fund FUNDS/CLASSES WITH NO DISTRIBUTION PLAN (CLASS Q, CLASS S AND CLASS ZS) ICON Asia Pacific Region Fund – Class S ICON Flexible Bond Fund – Class Z S ICON Equity Income Fund - Class S ICON Long/Short Fund – Class S ICON Risk-Managed Balanced Fund – Class S ICON Emerging Markets Fund – Class S ICON International Equity Fund – Class S ICON Consumer Discretionary Fund – Class S ICON Core Equity Fund – Class Z ICON Risk-Managed Equity Fund – Class Z (formerly named ICON Income Opportunity Fund – Class Z) ICON Energy Consumer Staples Fund – Class S ICON Equity Income Fund – Class Z ICON Europe Energy Fund – Class S ICON Financial Fund – Class S ICON Healthcare Fund – Class S ICON Industrials Fund – Class S ICON Information Technology Fund – Class S ICON International Equity Fund – Class S, Class Q, and Class Z ICON Leisure and Consumer Staples Natural Resources Fund – Class S ICON Long/Short Fund – Class Z ICON Materials Fund – Class S ICON Telecommunication & Utilities Fund – Class S FUNDS/CLASSES WITH DISTRIBUTION PLAN (CLASS C, CLASS I A and CLASS AC) ICON Fund – Class A and Class C ICON Flexible Bond Fund – Class A, A and Class C and Class I ICON Core Equity Fund – Class A, Class C, and Class I ICON Risk-Managed Equity Fund (formerly named ICON Income Opportunity Fund) – Class A, Class C and Class I ICON Equity Income Fund – Fund—Class A, Class C, A and Class I C ICON Long/Short Fund – Class A, A and Class C ICON Risk-Managed Balanced Fund – Class A and Class I C ICON Emerging Markets Fund – Class A ICON International Equity Fund – Class A, Class C, and Class I ICON Asia-Pacific Region Fund – Class A, Class C, and Class I ICON Europe Fund – Class A and Class C ICON Consumer Discretionary Fund – Class A and ICON Consumer Staples Fund – Class C A ICON Energy Fund – Class A and Class C ICON Financial Fund – Class A and Class C ICON Healthcare Fund – Class A ICON Industrials Fund – Class A ICON Information Technology Fund – Class A ICON Natural Resources Fund – Class A and Class C ICON Industrials Fund – Class A and Class C ICON Information Technology Fund – Class A and Class C ICON Leisure and Consumer Staples Fund – Class A and Class C ICON Materials Fund – Class A and Class C ICON Telecommunication & Utilities Fund – Class A and Class C IN WITNESS WHEREOF, my hand as the undersigned has signed this amendment pursuant to Section 7.3 of this 16th day of Septemberthe Agreement effective January 23, 20102018. /s/ Xxxxxx Xxxxxxx Xxxxxx Xxxxxxx, Vice President and Secretary STATE OF COLORADO ) ) ss: COUNTY OF ARAPAHOE ) Before me, a Notary Public in and for said county and state, personally appeared the above Xxxxxx Xxxxxxx, who acknowledged that he did sign the foregoing instrument in the capacity indicated, and that the same is his free act and deed on this 16th day of September, 2010deed. Signature of Notary Public: My Commission Expires:

Establishment and Designation of Sub-Trusts. Without limiting the Trustees’ authority to establish further sub-trusts and classes pursuant to Section 4.1, the Trustees hereby establish the following sub-trusts and classes: FUNDS WITH NO CLASSES AND NO DISTRIBUTION PLAN ICON Opportunities Fund FUNDS/CLASSES WITH NO DISTRIBUTION PLAN (CLASS Q, CLASS S AND CLASS ZS) ICON Asia Pacific Region Fund – Class S ICON Bond Fund – Class Z ICON Consumer Discretionary Fund – Class S ICON Core Equity Fund – Class Z ICON Risk-Managed Equity Fund – Class Z (formerly named ICON Income Opportunity Fund – Class Z) ICON Energy Fund – Class S ICON Equity Income Fund – Class Z S ICON Long/Short Fund – Class S ICON Risk-Managed Balanced Fund – Class S ICON Asia Pacific Region Fund – Class S ICON Europe Fund – Class S ICON International Equity Fund – Class S ICON Consumer Discretionary Fund – Class S ICON Consumer Staples Fund – Class S ICON Energy Fund – Class S ICON Financial Fund – Class S ICON Healthcare Fund – Class S ICON Industrials Fund – Class S ICON Information Technology Fund – Class S ICON International Equity Fund – Class S, Class Q, and Class Z ICON Leisure and Consumer Staples Fund – Class S ICON Long/Short Fund – Class Z ICON Materials Fund – Class S ICON Telecommunication & Utilities Fund – Class S FUNDS/CLASSES WITH NO DISTRIBUTION PLAN (CLASS C, CLASS I A and CLASS AC) ICON Fund – Class A and Class C ICON Bond Fund – Class A, A and Class C and Class I ICON Core Equity Fund – Class A, Class C, and Class I ICON Risk-Managed Equity Fund (formerly named ICON Income Opportunity Fund) – Class A, Class C and Class I ICON Equity Income Fund – Class A, Class C, A and Class I C ICON Long/Short Fund – Class A, A and Class C and Class I ICON International Equity Risk-Managed Balanced Fund – Class A, Class C, A and Class I C ICON Asia-Asia Pacific Region Fund – Class A, Class C, A and Class I C ICON Europe Fund – Class A and Class C ICON International Equity Fund – Class A and Class C ICON Consumer Discretionary Fund – Class A and Class C ICON Consumer Staples Fund – Class A and Class C ICON Energy Fund – Class A and Class C ICON Financial Fund – Class A and Class C ICON Healthcare Fund – Class A and Class C ICON Industrials Fund – Class A and Class C ICON Information Technology Fund – Class A and Class C ICON Leisure and Consumer Staples Fund – Class A and Class C ICON Materials Fund – Class A and Class C ICON Telecommunication & Utilities Fund – Class A and Class C IN WITNESS WHEREOF, my hand the undersigned has signed this amendment pursuant to Section 7.3 of the Agreement as of this 16th the 22nd day of SeptemberJanuary, 20102013. /s/ Xxxxxx Xxxxxxx Xxxxxx Xxxxxxx, Vice President and Secretary STATE OF COLORADO ) ) ss: COUNTY OF ARAPAHOE ) Before me, a Notary Public in and for said county and state, personally appeared the above Xxxxxx Xxxxxxx, who acknowledged that he did sign the foregoing instrument in the capacity indicated, and that the same is his free act and deed on this 16th 22nd day of SeptemberJanuary, 20102013. /s/ Xxxx Xxxxx Signature of Notary Public: My Commission Expires:

Establishment and Designation of Sub-Trusts. Without limiting the Trustees’ authority to establish further sub-trusts and classes pursuant to Section 4.1, the Trustees hereby establish the following sub-trusts and classes: FUNDS WITH NO CLASSES AND NO DISTRIBUTION PLAN ICON Opportunities Fund FUNDS/CLASSES WITH NO DISTRIBUTION PLAN (CLASS Q, CLASS S AND CLASS ZS) ICON Asia Pacific Region Fund – Class S ICON Bond Fund – Class Z ICON Consumer Discretionary Fund – Class S ICON Core Equity Fund – Class Z ICON Risk-Managed Equity Fund – Class Z (formerly named ICON Income Opportunity Fund – Class Z) ICON Energy Fund – Class S ICON Equity Income Fund – Class Z S ICON Long/Short Fund – Class S ICON Risk-Managed Balanced Fund – Class S ICON Emerging Markets Fund – Class S ICON Europe Fund – Class S ICON International Equity Fund – Class S ICON Consumer Discretionary Fund – Class S ICON Consumer Staples Fund – Class S ICON Energy Fund – Class S ICON Financial Fund – Class S ICON Healthcare Fund – Class S ICON Industrials Fund – Class S ICON Information Technology Fund – Class S ICON International Equity Fund – Class S, Class Q, and Class Z ICON Leisure and Consumer Staples Fund – Class S ICON Long/Short Fund – Class Z ICON Materials Fund – Class S ICON Telecommunication & Utilities Fund – Class S FUNDS/CLASSES WITH NO DISTRIBUTION PLAN (CLASS C, CLASS I A and CLASS AC) ICON Fund – Class A and Class C ICON Bond Fund – Class A, A and Class C and Class I ICON Core Equity Fund – Class A, Class C, and Class I ICON Risk-Managed Equity Fund (formerly named ICON Income Opportunity Fund) – Class A, Class C and Class I ICON Equity Income Fund – Class A, Class C, A and Class I C ICON Long/Short Fund – Class A, A and Class C and Class I ICON International Equity Risk-Managed Balanced Fund – Class A, Class C, A and Class I C ICON Asia-Pacific Region Emerging Markets Fund – Class A, Class C, A and Class I C ICON Europe Fund – Class A and Class C ICON International Equity Fund – Class A and Class C ICON Consumer Discretionary Fund – Class A and Class C ICON Consumer Staples Fund – Class A and Class C ICON Energy Fund – Class A and Class C ICON Financial Fund – Class A and Class C ICON Healthcare Fund – Class A and Class C ICON Industrials Fund – Class A and Class C ICON Information Technology Fund – Class A and Class C ICON Leisure and Consumer Staples Fund – Class A and Class C ICON Materials Fund – Class A and Class C ICON Telecommunication & Utilities Fund – Class A and Class C IN WITNESS WHEREOF, my hand the undersigned has signed this amendment pursuant to Section 7.3 of the Agreement as of this 16th the 20th day of September, 2010February 2014. /s/ Xxxxxx Xxxxxxx Xxxxxx Xxxxxxx, Vice President and Secretary STATE OF COLORADO ) ) ss: COUNTY OF ARAPAHOE ) Before me, a Notary Public in and for said county and state, personally appeared the above Xxxxxx Xxxxxxx, who acknowledged that he did sign the foregoing instrument in the capacity indicated, and that the same is his free act and deed on this 16th 20th day of September, 2010February 2014. /s/ Xxxx Xxxxx Signature of Notary Public: My Commission Expires: