BNY MELLON INVESTMENT ADVISER, INC. 240 Greenwich Street New York, New York 10286
BNY MELLON INVESTMENT ADVISER, INC.
000 Xxxxxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
February 22, 2021
BNY Mellon Investment Funds II, Inc.
000 Xxxxxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Re: Fee Waiver – BNY Mellon Alternative Diversifier Strategies Fund
To Whom It May Concern:
BNY Mellon Investment Adviser, Inc. ("BNYM Investment Adviser"), intending to be legally bound, hereby confirm their agreement in respect of BNY Mellon Alternative Diversifier Strategies Fund (the "Fund"), a series of BNY Mellon Investment Funds II, Inc. (the "Company"), as follows:
The fund's investment adviser, BNY Mellon Investment Adviser, has contractually agreed, until March 1, 2022, to waive receipt of its fees and/or assume the direct expenses of the fund so that the direct expenses of none of the classes (excluding Rule 12b-1 fees, shareholder services fees, taxes, interest, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed .55%. On or after March 1, 2022, BNY Mellon Investment Adviser may terminate this expense limitation agreement at any time. Because "acquired fund fees and expenses" are incurred indirectly by the fund, such fees and expenses are not included in the expense limitation.
This Agreement may only be amended by agreement of the Company, on behalf of the Fund, upon the approval of the Board of Directors of the Company and BNYM Investment Adviser to increase the amount of the waiver and may only be terminated prior to March 1, 2022, in the event of termination of the Management Agreement between BNYM Investment Adviser and the Company with respect to the Fund.
BNY MELLON INVESTMENT ADVISER, INC.
By: /s/Xxxxx Xxxxxxx
Xxxxx Xxxxxxx
Secretary
Accepted and Agreed To:
BNY Mellon INVESTMENT FUNDS ii, INC.
On Behalf of BNY Mellon Alternative Diversifier Strategies Fund
By: /s/Xxxxx Xxxxxxx
Xxxxx Xxxxxxx
Treasurer
