Reimbursement Agreements

                                 EXHIBIT 99.f


                           Reimbursement Agreements


The Funds have no plans to compensate officers and directors who are
affiliated with the Investment Adviser except indirectly through payment
of the advisory fee.

Each director, who is not an 'interested person' as that term is defined in the
1940 Act, of the Funds was paid an annual fee of $500.00 per fund for serving
as a member of the Board of Directors for fiscal year 2009.  The Chairman of
the Board of Director was paid an annual fee of $625.00 per fund.