SCHEDULE A
EX-99.(d)(1)
SCHEDULE A
XXXXX FARGO FUNDS MANAGEMENT
INVESTMENT ADVISORY AGREEMENT
XXXXX FARGO MASTER TRUST
Advisory Fee (as a % of
Master Trust Portfolios Average Daily Net Assets)
----------------------- -------------------------
C&B Large Cap Value Portfolio First 500M 0.75
Next 500M 0.70
Next 2B 0.65
Next 2B 0.625
Over 5B 0.60
Disciplined Growth Portfolio First 500M 0.75
Next 500M 0.70
Next 2B 0.65
Next 2B 0.625
Over 5B 0.60
Diversified Fixed Income Portfolio First 1B 0.30
Next 4B 0.275
Over 5B 0.25
Diversified Stock Portfolio First 1B 0.35
Next 4B 0.325
Over 5B 0.30
Emerging Growth Portfolio/1/ First 500M 0.90
Next 500M 0.85
Next 2B 0.80
Next 2B 0.775
Over 5B 0.75
Equity Income Portfolio First 500M 0.75
Next 500M 0.70
Next 2B 0.65
Next 2B 0.625
Over 5B 0.60
Equity Value Portfolio First 500M 0.75
Next 500M 0.70
Next 2B 0.65
Next 2B 0.625
Over 5B 0.60
Index Portfolio First 500M 0.10
Next 500M 0.10
Next 2B 0.075
Next 2B 0.075
Over 5B 0.050
Inflation-Protected Bond Portfolio First 500M 0.45
Next 500M 0.40
Next 2B 0.35
Next 2B 0.325
Over 5B 0.30
--------
/1/ On November 8, 2006 the Board of Trustees approved the establishment of
the Emerging Growth Portfolio, which is expected to commence operations on
or about January 31, 2007.
Advisory Fee (as a % of
Master Trust Portfolios Average Daily Net Assets)
----------------------- -------------------------
International Core Portfolio First 500M 0.95
Next 500M 0.90
Next 2B 0.85
Next 2B 0.825
Over 5B 0.80
International Growth Portfolio First 500M 0.95
Next 500M 0.90
Next 2B 0.85
Next 2B 0.825
Over 5B 0.80
International Index Portfolio First 500M 0.35
Next 500M 0.35
Next 2B 0.325
Next 2B 0.325
Over 5B 0.30
International Value Portfolio First 500M 0.95
Next 500M 0.90
Next 2B 0.85
Next 2B 0.825
Over 5B 0.80
Large Cap Appreciation Portfolio First 500M 0.70
Next 500M 0.70
Next 2B 0.65
Next 2B 0.625
Over 5B 0.60
Large Company Growth Portfolio First 500M 0.75
Next 500M 0.70
Next 2B 0.65
Next 2B 0.625
Over 5B 0.60
Managed Fixed Income Portfolio First 500M 0.45
Next 500M 0.40
Next 2B 0.35
Next 2B 0.325
Over 5B 0.30
Money Market Portfolio 0.10
Small Cap Index Portfolio First 500M 0.20
Next 500M 0.20
Next 2B 0.175
Next 2B 0.175
Over 5B 0.15
Small Company Growth Portfolio First 500M 0.90
Next 500M 0.85
Next 2B 0.80
Next 2B 0.775
Over 5B 0.75
Advisory Fee (as a % of
Master Trust Portfolios Average Daily Net Assets)
----------------------- -------------------------
Small Company Value Portfolio First 500M 0.90
Next 500M 0.85
Next 2B 0.80
Next 2B 0.775
Over 5B 0.75
Stable Income Portfolio First 500M 0.45
Next 500M 0.40
Next 2B 0.35
Next 2B 0.325
Over 5B 0.30
Strategic Small Cap Value Portfolio First 500M 0.90
Next 500M 0.85
Next 2B 0.80
Next 2B 0.775
Over 5B 0.75
Total Return Bond Portfolio First 500M 0.45
Next 500M 0.40
Next 2B 0.35
Next 2B 0.325
Over 5B 0.30
Most recent annual approval by the Board of Trustees: March 31, 2006
Schedule A amended: November 8, 2006
