Exhibit No. EX-99.h.2.a
ASSETMARK FUNDS
FORM OF AMENDMENT TO THE
TRANSFER AGENT SERVICING AGREEMENT
THIS AMENDMENT dated as of this 15th day of May, 2007, to the Transfer
Agent Servicing Agreement, dated as of May 11, 2001, as amended August 27, 2002
(the "Agreement"), is entered into by and between AssetMark Funds, a Delaware
statutory trust (the "Trust") and U.S. Bancorp Fund Services, LLC, a Wisconsin
limited liability company ("USBFS").
RECITALS
WHEREAS, the parties have entered into an Agreement; and
WHEREAS, the parties desire to amend the Agreement to add funds and related
fees; and
NOW, THEREFORE, the parties agree as follows:
Exhibit A of the Agreement is hereby superseded and replaced with Exhibit A
attached hereto.
Except to the extent amended hereby, the Agreement shall remain in full force
and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed by a duly authorized officer on one or more counterparts as of the date
and year first written above.
ASSETMARK FUNDS U.S. BANCORP FUND SERVICES, LLC
By: ______________________________ By: ________________________________
Name:_____________________________ Name: ______________________________
Title: ___________________________ Title: ____________________________
Exhibit A to the Transfer Agent
Servicing Agreement - AssetMark Funds
Separate Series of AssetMark Funds
AssetMark International Equity Fund
AssetMark Large Cap Growth Fund
AssetMark Large Cap Value Fund
AssetMark Real Estate Securities Fund
AssetMark Small/Mid Cap Growth Fund
AssetMark Small/Mid Cap Value Fund
AssetMark Tax-Exempt Fixed Income Fund
AssetMark Fundamental Index(TM) Large Company Growth Fund
AssetMark Fundamental Index(TM) Large Company Value Fund
AssetMark Fundamental Index(TM) Small Company Growth Fund
AssetMark Fundamental Index(TM) Small Company Value Fund
AssetMark Fundamental Index(TM) International Equity Fund
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U.S. BANCORP FUND SERVICES, LLC
TRANSFER AGENT SERVICES -AssetMark Funds
ANNUAL FEE SCHEDULE
EFFECTIVE JULY 1, 2005
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Shareholder Account Fee (Subject to Minimum) Extraordinary services - quoted separately
No-Load - $15.00 per account
Load Fund - $16.00 per account File Transfer - $160 per month plus $.01/record
Money Market - $21.00 per account
Service Charges to Investors
Annual Minimum
$12,000 per fund or class Qualified Plan Fees (Billed to Investors)
$28,000 first load or money market fund $12.50 per qualified plan account (Cap at $25.00
per SSN)
Activity Charges: $5.00 per education XXX account (Cap at $25.00
Telephone Call - $1.00 per call per SSN)
Draft Check Processing - $1.00 per draft $15.00 per transfer to successor trustee
Daily Valuation Trades - $6.75 per trade $15.00 per distribution to participant
(Excluding SWPs)
ACH Shareholder Services: $15.00 per refund of excess contribution
$125 per month per fund group
$0.50 per ACH item, setup and/or change Additional Shareholder Fees (Billed to Investors)
$5.00 per correction, reversal, return item $12.00 per outgoing wire transfer
$5.00 per telephone exchange
Plus out-of-pocket expenses, including but not limited $25.00 per return check or ACH
to: $20.00 per stop payment
Telephone - toll-free lines $5.00 per research request (For requested items
Postage of the second calendar year [or previous] to the
Stationery, Envelopes request)(Cap at $25.00)
Programming, Special Reports
Insurance Fees and out-of-pocket expenses are billed to the fund
Record Retention monthly
Microfilm/fiche of records
Proxies, Proxy Services If the funds allow direct retail shareholders, the
ACH fees following schedule also applies:
NSCC charges - Additional 1 basis point per year.
All other out-of-pocket expenses
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U.S. BANCORP FUND SERVICES, LLC
ASSETMARK FUNDAMENTAL INDEX FUNDS
ANNUAL FEE SCHEDULE - April 2007
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Shareholder Account Fee (Subject to Minimum) File Transfer - $160 per month plus $.01/record
No-Load - $15.00 per account
Load Fund - $16.00 per account Service Charges to Investors
Money Market - $21.00 per account Qualified Plan Fees (Billed to Investors)
$12.50 per qualified plan account (Cap at $25.00
Annual Minimum* per SSN)
$12,000 per fund or class $5.00 per education XXX account (Cap at $25.00
$28,000 first load or money market fund per SSN)
$15.00 per transfer to successor trustee
If the funds allow direct retail shareholders, the $15.00 per distribution to participant
following schedule also applies: (Excluding SWPs)
- Additional 1 basis point per year. $15.00 per refund of excess contribution
Activity Charges: Additional Shareholder Fees (Billed to Investors)
Telephone Call - $1.00 per call $12.00 per outgoing wire transfer
Draft Check Processing - $1.00 per draft $5.00 per telephone exchange
Daily Valuation Trades - $6.75 per trade $25.00 per return check or ACH
ACH Shareholder Services: $20.00 per stop payment
$125 per month per fund group $5.00 per research request (For requested items
$0.50 per ACH item, setup and/or change of the second calendar year [or previous] to the
$5 per correction, reversal, return item request)(Cap at $25.00)
Plus out-of-pocket expenses, including but not limited Fees and out-of-pocket expenses are billed monthly.
to:
Telephone - toll-free lines *Minimum - In the following months, if the fund family is
Postage at the minimum, the following fee applies. After the
Stationery, Envelopes 10th month, the above schedule applies.
Programming, Special Reports 1st month- Fees waived
Insurance 2nd month- 10% of monthly minimum
Record Retention 3rd month- 20% of monthly minimum
Microfilm/fiche of records 4th month- 30% of monthly minimum
Proxies, Proxy Services 5th month- 40% of monthly minimum
ACH fees 6th month- 50% of monthly minimum
NSCC charges 7th month- 60% of monthly minimum
All other out-of-pocket expenses 8th month- 70% of monthly minimum
9th month- 80% of monthly minimum
Extraordinary services - quoted separately 10th month-90% of monthly minimum
11th month-100% of monthly minimum
12th month-100% of monthly minimum
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