SCHEDULE A
EX-99.(d)(1)
SCHEDULE A
XXXXX FARGO FUNDS MANAGEMENT
INVESTMENT ADVISORY AGREEMENT
XXXXX FARGO MASTER TRUST
ADVISORY FEE (AS A % OF AVERAGE
MASTER TRUST PORTFOLIOS DAILY NET ASSETS)
------------------------------------- -------------------------------
C&B Large Cap Value Portfolio First 500M 0.70
Next 500M 0.65
Next 2B 0.60
Next 2B 0.575
Over 5B 0.55
Disciplined Growth Portfolio First 500M 0.70
Next 500M 0.65
Next 2B 0.60
Next 2B 0.575
Over 5B 0.55
Diversified Fixed Income Portfolio/1/ First 1B 0.30
Next 4B 0.275
Over 5B 0.25
Diversified Stock Portfolio/1/ First 1B 0.35
Next 4B 0.325
Over 5B 0.30
Emerging Growth Portfolio First 500M 0.85
Next 500M 0.825
Next 1B 0.80
Next 1B 0.775
Over 3B 0.75
Equity Income Portfolio First 500M 0.70
Next 500M 0.65
Next 2B 0.60
Next 2B 0.575
Over 5B 0.55
Equity Value Portfolio First 500M 0.70
Next 500M 0.65
Next 2B 0.60
Next 2B 0.575
Over 5B 0.55
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 0.40
Next 500M 0.375
Next 2B 0.35
Next 2B 0.325
Over 5B 0.30
----------
/1/ On August 12, 2009, the Board of Trustees approved an advisory fee
reduction to the Diversified Fixed Income and Diversified Stock Portfolios.
Effective October 1, 2009 the advisory fees will be: 0.30% for the first
$500M; 0.28% for the next $500M; 0.26% for the next $2B; and 0.24% over
$3B.
1
ADVISORY FEE (AS A % OF AVERAGE
MASTER TRUST PORTFOLIOS 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 0.65
Next 2B 0.60
Next 2B 0.575
Over 5B 0.55
Large Company Growth Portfolio First 500M 0.70
Next 500M 0.65
Next 2B 0.60
Next 2B 0.575
Over 5B 0.55
Managed Fixed Income Portfolio First 500M 0.40
Next 500M 0.375
Next 2B 0.35
Next 2B 0.325
Over 5B 0.30
Short-Term Investment 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 0.85
Next 500M 0.825
Next 1B 0.80
Next 1B 0.775
Over 3B 0.75
Small Company Value Portfolio First 500M 0.85
Next 500M 0.825
Next 1B 0.80
Next 1B 0.775
Over 3B 0.75
2
ADVISORY FEE (AS A % OF AVERAGE
MASTER TRUST PORTFOLIOS DAILY NET ASSETS)
------------------------------------- -------------------------------
Stable Income Portfolio First 500M 0.40
Next 500M 0.375
Next 2B 0.35
Next 2B 0.325
Over 5B 0.30
Strategic Small Cap Value Portfolio First 500M 0.85
Next 500M 0.825
Next 1B 0.80
Next 1B 0.775
Over 3B 0.75
Total Return Bond Portfolio First 500M 0.40
Next 500M 0.375
Next 2B 0.35
Next 2B 0.325
Over 5B 0.30
Most recent annual approval by the Board of Trustees: March 27, 2009
Schedule A amended: August 12, 2009
3
The foregoing fee schedule is agreed to as of August 12, 2009 and shall
remain in effect until changed in writing by the parties.
XXXXX FARGO MASTER TRUST
By:
-------------------------------------
X. Xxxxx Xxxxxxx
Secretary
XXXXX FARGO FUNDS MANAGEMENT, LLC
By:
-------------------------------------
Xxxxxx Xxxx
Executive Vice President
4
