August 14, 1998
Exhibit 9.18
Xxxxxxxx-Xxxxxxxxx Mutual Funds
000 Xxxx Xxxxxxxx
Xxx Xxxxx, Xxxxxxxxxx 00000
August 14, 1998
Xxxxxxxx-Xxxxxxxxx Capital Management
000 Xxxx Xxxxxxxx
Xxx Xxxxx, Xxxxxxxxxx 00000
Ladies and Gentlemen:
This will confirm our agreement that the expense limitation letter agreement
between us dated July 24, 1998, as previously amended, is hereby further amended
to add the Large Cap Value Fund as a Fund thereunder. The full list of Funds
covered by the Agreement and the expense limitations with respect to each such
Fund are as set forth in Exhibit A.
In all other respects, the expense limitation letter agreement, as
previously amended, will remain in full force and effect. Please sign this
letter below to confirm your agreement with this amendment.
Very truly yours,
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X. Xxxxx Xxxxx, Xx.
Secretary
AGREED:
Xxxxxxxx-Xxxxxxxxx Capital Management
By: Xxxxxxxx-Xxxxxxxxx Capital Management
Holdings, L.P., its General Partner
By: Xxxxxxxx-Xxxxxxxxx Capital Management
Holdings, Inc., its General Partner
By:
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X. Xxxxx Xxxxx, Xx.
Secretary
EXHIBIT A
NAME OF FUND & CLASS BASIC EXPENSE CURRENT TOTAL EXPENSE
LIMITATION (%) LIMITATION (%)
Mid Cap Growth Fund, Class A 1.29 1.60
(formerly Core Growth) Class B 1.94 2.25
Class C 1.94 2.25
Class Q 1.19 1.25
Class I 0.94 1.00
Large Cap Growth Fund, Class A 1.34 1.60
Class B 1.99 2.25
Class C 1.99 2.25
Class Q 1.24 1.25
Class I 0.99 1.00
Mini Cap Growth FUND, Class I 1.56 1.56
Small Cap Growth Fund,
(formerly Emerging Growth) Class A 1.47 1.95
Class B 2.12 2.60
Class C 2.12 2.60
Class Q 1.37 1.50
Class I 1.12 1.17
Convertible Fund,
(formerly Income & Growth) Class A 1.30 1.60
Class B 1.95 2.25
Class C 1.95 2.25
Class Q 1.20 1.25
Class I 0.95 1.00
Balanced Growth Fund, Class A 1.21 1.60
Class B 1.86 2.25
Class C 1.86 2.25
Class Q 1.11 1.25
Class I 0.86 1.00
Worldwide Growth Fund, Class A 1.60 1.85
Class B 2.25 2.50
Class C 2.25 2.50
Class Q 1.50 1.60
Class I 1.25 1.35
International Core Growth
Fund, Class A 1.69 1.95
Class B 2.34 2.60
Class C 2.34 2.60
Class Q 1.59 1.65
NAME OF FUND & CLASS BASIC EXPENSE CURRENT TOTAL EXPENSE
LIMITATION LIMITATION
International Core Growth
Fund, Class I 1.34 1.40
Emerging Countries Fund, Class A 1.95 2.25
Class B 2.60 2.90
Class C 2.60 2.90
Class Q 1.85 1.90
Class I 1.60 1.65
Global Growth & Income
Fund, Class A 1.35 1.35
International Small Cap
Growth Fund, Class A 1.66 1.95
Class B 2.31 2.60
Class C 2.31 2.60
Class Q 1.56 1.65
Class I 1.31 1.40
Money Market Fund, 1.10 1.10
Value Fund, Class A 1.29 1.60
Class B 1.94 2.25
Class C 1.94 2.25
Class Q 1.19 1.25
Class I 0.94 1.00
High Yield Bond Fund, Class A 1.01 1.60
Class B 1.66 2.25
Class C 1.66 2.25
Class Q 0.91 0.95
Class I 0.66 0.75
Strategic Income Fund, Class I 0.75 0.75
Short-Intermediate Fixed
Income Fund, Class I 0.35 0.35
High Quality Bond Fund,
(formerly Fully
Discretionary Fixed Income) Class A 0.75 1.30
Class B 1.40 1.70
Class C 1.40 1.70
Class Q 0.65 0.88
Class I 0.40 0.45
NAME OF FUND & CLASS BASIC EXPENSE CURRENT TOTAL EXPENSE
LIMITATION LIMITATION
Global Blue Chip Fund, Class I 1.40 1.40
Emerging Markets Bond
Fund, Class I 0.95 0.95
Pacific Rim Fund, Class I 1.40 1.40
Greater China Fund, Class I 1.40 1.40
Latin America Fund, Class I 1.65 1.65
Global Technology Fund, Class I 1.40 1.40
Large Cap Value Fund, Class I 1.00 1.00
