Common use of Fund Accounting Clause in Contracts

Fund Accounting. The Administrator shall provide the following --------------- accounting services to the Fund: (i) maintenance of the books and records and accounting controls for the Fund's assets, including records of all securities transactions; (ii) calculation of the Portfolios' net asset values in accordance with the Prospectuses and, if requested by the Fund, transmission of the net asset values to the NASD for publication of prices; (iii) accounting for dividends, interest and other income received and distributions made by the Fund; (iv) preparation and filing of the Fund's state and federal tax returns and Semi-Annual Reports on Form N-SAR; (v) production of transaction data, financial reports and such other periodic and special reports as the Board may reasonably request; (vi) the preparation of financial statements for the semi- annual and annual reports and other shareholder communications; (vii) liaison with the Fund's independent auditors; and (viii) monitoring and administration of arrangements with the Fund's custodian and depository banks. A complete listing of reports that will be available to the Fund is included in Attachment B of this Agreement.

Fund Accounting. The Administrator shall provide the following --------------- accounting services to the FundPortfolios: (i) maintenance of the books and records and accounting controls for the Fund's Portfolios' assets, including records of all securities transactions; (ii) calculation of the Portfolios' net asset values in accordance with the Prospectuses and, if requested by the FundIMIT, transmission of the net asset values to the NASD for publication of prices; (iii) accounting for dividends, interest and other income received and distributions made by the FundPortfolios; (iv) preparation and filing of the Fund's Portfolios' state and federal tax returns and Semi-Annual Reports on Form N-SAR; (v) production of transaction data, financial reports and such other periodic and special reports as the Board may reasonably request; (vi) the preparation of financial statements for the semi- semi-annual and annual reports and other shareholder communications; (vii) liaison with the Fund's Portfolios' independent auditors; and (viii) monitoring and administration of arrangements with the Fund's Portfolios' custodian and depository banks. A complete listing of reports that will be available to each of the Fund Portfolios is included in Attachment B of this Agreement.

Fund Accounting. The Administrator shall provide the following --------------- accounting services to the Fund: (i) maintenance of the books and records and accounting controls for the Fund's assets, including records of all securities transactions; (ii) calculation of the Portfolios' net asset values in accordance with the Prospectuses and, if requested by the Fund, transmission of the net asset values to the NASD for publication of prices; (iii) accounting for dividends, interest and other income received and distributions made by the Fund; (iv) preparation and filing of the Fund's state and federal tax returns and Semi-Annual Reports on Form N-SAR; (v) production of transaction data, financial reports and such other periodic and special reports as the Board may reasonably request; (vi) the preparation of financial statements for the semi- semi-annual and annual reports and other shareholder communications; (vii) liaison with the Fund's independent auditors; and (viii) monitoring and administration of arrangements with the Fund's custodian and depository banks. A complete listing of reports that will be available to the Fund is included in Attachment B of this Agreement.

Fund Accounting. The Administrator shall provide the following --------------- accounting services to the Fund: (i) maintenance of the books and records and accounting controls for the Fund's assets, including records of all securities transactions; (ii) calculation of the Portfolios' net asset values in accordance with the Prospectuses and, . if requested by the Fund, transmission of the net asset values to the NASD for publication of prices; (iii) accounting for dividends, interest and other income received and distributions made by the Fund; (iv) preparation and filing of the Fund's state and federal tax returns and Semi-Annual Reports on Form N-SAR; (v) production of transaction data, financial reports and such other periodic and special reports as the Board may reasonably request; (vi) the preparation of financial statements for the semi- semi-annual and annual reports and other shareholder communications; (vii) liaison with the Fund's independent auditors; and (viii) monitoring and administration of arrangements with the Fund's custodian and depository banks. A complete listing of reports that will be available to the Fund is included in Attachment B of this Agreement.

Fund Accounting. The Administrator shall provide the following --------------- accounting services to the Fund: (i) maintenance of the books and records and accounting controls for the Fund's assets, including records of all securities transactions; (ii) calculation of the Portfolios' net asset values in accordance with the Prospectuses and, if requested by the Fund, transmission of the net asset values to the NASD for publication of prices; (iii) accounting for dividends, interest and other income received and distributions made by the Fund; (iv) preparation and filing of the Fund's state and federal tax returns and Semi-Annual Reports on Form N-SAR; (v) production of transaction data, financial reports and such other periodic and special reports as the Board may reasonably request; (vi) the preparation of financial statements for the semi- semi-annual and annual reports and other shareholder communications; (vii) liaison with the Fund's independent auditors; and (viii) monitoring and administration of arrangements with the Fund's custodian and depository banks. A complete listing of reports that will be available to the Fund is included in Attachment B of this Agreement.

Fund Accounting. The Administrator shall provide the following --------------- accounting services to the FundPortfolio: (i) maintenance of the books and records and accounting controls for the FundPortfolio's assets, including records of all securities transactions; (ii) calculation of the Portfolios' Portfolio's net asset values in accordance with the Prospectuses and, if requested by the FundIMIT, transmission of the net asset values to the NASD for publication of prices; (iii) accounting for dividends, interest and other income received and distributions made by the FundPortfolio; (iv) preparation and filing of the FundPortfolio's state and federal tax returns and Semi-Annual Reports on Form N-SAR; (v) production of transaction data, financial reports and such other periodic and special reports as the Board may reasonably request; (vi) the preparation of financial statements for the semi- semi-annual and annual reports and other shareholder communications; (vii) liaison with the FundPortfolio's independent auditors; and (viii) monitoring and administration of arrangements with the FundPortfolio's custodian and depository banks. A complete listing of reports that will be available to the Fund Portfolio is included in Attachment B of this Agreement.