Money Market Fund Reporting Fees. For the Money Market Fund Reporting Services, the Administrator shall pay $5,000 per year (billed monthly) per Money Market Fund. The foregoing fees do not include out-of-pocket expenses, which shall be paid separately by the Administrator. In addition, with respect to any documents to be filed with the SEC, the Administrator shall be responsible for all expenses associated with causing such document to be converted into a format acceptable to the SEC (currently, XML) prior to filing, as well as all associated filing and other fees and expenses.
Money Market Fund Reporting Fees. For the Money Market Fund Reporting Services, the Administrator shall pay $5,000 per year (billed monthly) per Money Market Fund. The foregoing fees do not include out of pocket expenses, which shall be paid separately by the Administrator. In addition, with respect to any document to be filed with the SEC, the Administrator shall be responsible for all expenses associated with causing such document to be converted into a format acceptable to the SEC (currently, XML) prior to filing, as well as all associated filing and other fees and expenses. Additional Fees (if applicable) Gross of Fee Performance $1,500 per Fund per year 15 Year Total Return-Initial quarter $250 per Fund 15 Year Total Return-Initial quarter $125 per Fund per quarter C Corp Tax Services $25,000 per Fund per year Daily Yield Support $6,750 per money market Fund per year
Money Market Fund Reporting Fees. For the Money Market Fund Reporting Services, each Fund that is regulated as a money market fund pursuant to Rule 2a-7 of the Investment Company Act of 1940, as amended (each, a "Money Market Fund") shall pay $10,000 per year (billed monthly). The foregoing fees do not include out of pocket expenses or CPU, which shall be paid separately by the HSBC Funds. In addition, with respect to any document to be filed with the SEC, the applicable Money Market Fund shall be responsible for all expenses associated with causing such document to be converted into a format acceptable to the SEC (currently XML) prior to filing, as well as all associated filing and other fees and expenses. FORM N-PORT Tier Description Annual Fee (per Fund) Tier 1 All Fund of Funds and Equity Funds holding < 50 securities $11,500 Tier 2 Fixed Income Funds* holding 0-499 securities and Equity Funds holding 50-499 securities $14,000 Tier 3 All Fixed Income and Equity Funds holding > 500 securities $18,500 Sleeve Fee: An additional fee will apply per Sleeve $1,000 HSBC Opportunity Fund, Class I (Feeder) $5,000 HSBC Opportunity Fund (Feeder) $5,000 *Fixed Income Funds are defined in accordance with applicable regulation stating Fixed Income Funds are those which hold 25% of total net assets in fixed income securities. Note: Each Fund will be designated as a specific “tier” upon the commencement of the N-PORT filing service. An annual review will be performed to certify the appropriate classifications are applied for the subsequent 12 month period. The annual review will occur at the end of each calendar year and be effective on the first of January each year. Any Fund launches will be reviewed at inception to ensure the appropriate “tier” is applied to the new Fund. Compliance Services: Annual Fee $313,915.34 Regulatory Administration Fee: Annual Fee $115,000 per year Additional Fees (annual per unit) SOC-1 / SSAE 18 Charges (per Class) $125
