Exhibit 99.A(13)
ICON FUNDS
AMENDMENT NO. 12 TO MASTER TRUST AGREEMENT
AMENDMENT No.12 to the Master Trust Agreement of ICON Funds dated March 23,
2006 at Greenwood Village, Colorado.
WITNESSETH:
WHEREAS, Section 7.3 of the ICON Master Trust Agreement dated September 19,
1996, as amended (the "Agreement") of ICON Funds (the "Trust"), provides that
the Agreement may be amended at any time, so long as such amendment does not
adversely affect the rights of any shareholder with respect to which such
amendment is or purports to be applicable and so long as such amendment is not
in contravention of applicable law, including the Investment Company Act of
1940, by an instrument in writing, signed by an officer of the Trust pursuant to
a vote of a majority of the Trustees of the Trust; and
WHEREAS, a majority of the Trustees of the Trust desire to amend Section 4.2 of
the Master Agreement to rename the existing series of ICON Europe Fund and ICON
Asia-Pacific Region Fund to ICON Europe Fund - Class S and ICON Asia-Pacific
Region Fund - Class S, respectively;
WHEREAS, a majority of the Trustees of the Trust desire to amend Section 4.2 of
the Master Agreement to add an additional class of shares to each of the
following ICON Funds: ICON International Equity Fund, ICON Core Equity Fund,
ICON Covered Call Fund, ICON Equity Income Fund, ICON Long/Short Fund, ICON
Asia-Pacific Region Fund and ICON Europe Fund.
WHEREAS, a majority of the Trustees of the Trust duly adopted the amendment to
this Agreement on March 23, 2006 and authorized the same to be filed with the
Secretary of the State of the Commonwealth of Massachusetts;
NOW, THEREFORE, the undersigned Trustees pursuant to the authorization described
above, hereby amend Section 4.2 of the Master Trust Agreement, as heretofore in
effect, to read as follows:
Section 4.2 Establishment and Designation of Sub-Trusts. Without limiting the
Trustees' authority to establish further sub-trusts pursuant to Section 4.1, the
Trustees hereby establish the following sub-trusts:
FUNDS/CLASSES WITH NO DISTRIBUTION PLAN
ICON Asia Pacific Region Fund- Class S
ICON Bond Fund-Class Z
ICON Consumer Discretionary Fund
ICON Core Equity Fund-Class Z
ICON Covered Call Fund-Class Z
ICON Energy Fund
ICON Equity Income Fund-Class Z
ICON Europe Fund - Class S
ICON Financial Fund
ICON Healthcare Fund
ICON Information Technology Fund
ICON Industrials Fund
ICON International Equity Fund-Class Z and Class S
ICON Leisure and Consumer Staples Fund
ICON Long/Short Fund-Class Z
ICON Materials Fund
ICON Telecommunication & Utilities Fund
FUNDS/CLASSES WITH DISTRIBUTION PLAN
(CLASS C, CLASS I AND CLASS A)
ICON Bond Fund-Class C and I only
ICON Core Equity Fund
ICON Covered Call Fund
ICON Equity Income Fund
ICON Long/Short Fund
ICON International Equity Fund
ICON Asia-Pacific Region Fund - Class A only
ICON Europe Fund - Class A only
IN WITNESS WHEREOF, my hand this 23rd day of March, 2006
/s/XXXXXX XXXXXXX
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Xxxxxx Xxxxxxx, Vice President and
Secretary
