EXHIBIT (g)(6)
AMENDMENT NO. 4 TO GLOBAL CUSTODY AGREEMENT
This AMENDMENT NO. 4 to GLOBAL CUSTODY AGREEMENT is effective as of the 2nd
day of July, 2008, by and among the American Century issuers as identified on
the signature page hereto (collectively, "Customer"), American Century
Investment Management, Inc. ("ACIM"), American Century Global Investment
Management, Inc. ("ACGIM") and JPMorgan Chase Bank ("Bank"). Capitalized terms
not otherwise defined herein shall have the meaning ascribed to them in the
Agreement (defined below).
RECITALS
WHEREAS, Customer, Bank and ACIM are parties to a certain Global Custody
Agreement dated August 9, 1996, as amended December 9, 2000, May 1, 2004 and May
31, 2006, ("Agreement"); and
WHERAS, Customer, ACIM, ACGIM and Bank now desire to amend the Agreement to
supplement the list of portfolios of Customer with new portfolios created since
the last amendment;
NOW THEREFORE, in consideration of the mutual promises set forth herein,
the parties hereto agree as follows:
1. Appendix A to the Agreement is hereby amended by deleting the text
thereof in its entirety and inserting in lieu thereof the Appendix A
attached hereto.
2. The fee schedule to the Agreement is hereby amended by deleting the
text thereof in its entirety and inserting in lieu therefore the fee
schedule attached hereto.
3. The parties agree that all records related to the Customer are the
property of Customer and Bank agrees to make those records available
on request of Customer. Bank further agrees to preserve such records
for the periods prescribed under Rule 31a-2 of the Investment Company
Act.
4. After the date hereof, all references to the Agreement shall be deemed
to mean the Agreement, as amended by this Amendment No. 4.
5. In the event of a conflict between the terms of this Amendment No. 4
and the Agreement, it is the intention of the parties that the terms
of this Amendment No. 4 shall control and the Agreement shall be
interpreted on that basis. To the extent the provisions of the
Agreement have not been amended by this Amendment No. 4, the parties
hereby confirm and ratify the Agreement.
6. This Amendment No. 4 may be executed in two or more counterparts, each
of which shall be an original and all of which together shall
constitute one instrument.
IN WITNESS WHEREOF, the parties have executed this Amendment No. 4 as of the
date first above written.
AMERICAN CENTURY MUTUAL FUNDS, INC.
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
AMERICAN CENTURY CALIFORNIA TAX-FREE AND MUNICIPAL FUNDS
AMERICAN CENTURY QUANTITIATIVE EQUITY FUNDS, INC.
AMERICAN CENTURY GOVERNMENT INCOME TRUST
AMERICAN CENTURY GROWTH FUNDS, INC.
AMERICAN CENTURY INVESTMENT TRUST
AMERICAN CENTURY MUNICIPAL TRUST
AMERICAN CENTURY TARGET MATURITIES TRUST
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
AMERICAN CENTURY VARIABLE PORTFOLIOS II, INC.
AMERICAN CENTURY INTERNATIONAL BOND FUNDS
By: /s/ Xxxxxx X. Xxxxx
---------------------------------------------------------
Name: Xxxxxx X. Xxxxx
Title: Treasurer
Date: July 2, 2008
AMERICAN CENTURY INVESTMENT MANAGEMENT, INC.
By: /s/ Xxxxx XxXxxxx
--------------------------------------------------------
Name: Xxxxx XxXxxxx
Title: Assistant Vice President
Date: July 2, 2008
AMERICAN CENTURY GLOBAL INVESTMENT MANAGEMENT, INC.
By: /s/ Xxxxx XxXxxxx
--------------------------------------------------------
Name: Xxxxx XxXxxxx
Title: Assistant Vice President
Date: July 2, 2008
JPMORGAN CHASE BANK
By: /s/ Xxxxxx X. Xxxxxxxxx
--------------------------------------------------------
Name: Xxxxxx X. Xxxxxxxxx
Title: Vice President
Date: July 2, 2008
APPENDIX A
FUNDS COVERED BY THIS GLOBAL CUSTODY AGREEMENT
AMERICAN CENTURY CALIFORNIA TAX-FREE AND MUNICIPAL FUNDS
>> California High-Yield Municipal Fund
>> California Tax-Free Money Market Fund
>> California Tax-Free Bond Fund
>> California Long-Term Tax-Free Fund
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
>> Equity Income Fund
>> Real Estate Fund
>> Value Fund
>> Small Cap Value Fund
>> Equity Index Fund
>> Large Company Value Fund
>> Mid Cap Value Fund
>> NT Large Cap Value Fund
>> NT Mid Cap Value
AMERICAN CENTURY GOVERNMENT INCOME TRUST
>> Government Bond Fund
>> Short-Term Government Fund
>> Xxxxxx Xxx Fund
>> Inflation-Adjusted Bond Fund
>> Capital Preservation Fund
AMERICAN CENTURY GROWTH FUNDS, INC.
>> Legacy Focused Large Cap Fund
>> Legacy Large Cap Fund
>> Legacy Multi-Cap Fund
AMERICAN CENTURY INVESTMENT TRUST
>> Prime Money Market Fund
>> Diversified Bond Fund
>> Premium Money Market Fund
>> High-Yield Fund
>> NT Diversified Bond
>> Core Plus
>> Short Duration
>> Inflation- Protection Bond Fund
AMERICAN CENTURY MUNICIPAL TRUST
>> Tax-Free Money Market Fund
>> Tax-Free Bond
>> High-Yield Municipal Fund
>> Long-Term Tax Free
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
>> Emerging Markets Fund
>> International Growth Fund
>> International Discovery Fund
>> Global Growth Fund
>> Life Sciences Fund
>> Technology Fund
>> International Opportunities Fund
>> NT International Growth
>> NT Emerging Markets
>> International Stock
>> International Value
AMERICAN CENTURY MUTUAL FUNDS, INC.
>> Balanced Fund
>> Growth Fund
>> Heritage Fund
>> Select Fund
>> Ultra Fund
>> Vista Fund
>> Giftrust Fund
>> New Opportunities Fund
>> Capital Value Fund
>> Veedot Fund
>> New Opportunities II Fund
>> Capital Growth Fund
>> NT Growth Fund
>> NT Vista
>> Focused Growth
>> Fundamental Equity
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS, INC.
>> Equity Growth Fund
>> Income & Growth Fund
>> Global Gold Fund
>> Utilities Fund
>> Small Company Fund
>> NT Equity Growth Fund
>> NT Small Company Fund
>> Disciplined Growth
>> International Core Equity
>> Long-Short Equity Fund
>> Disciplined Growth 130/30 Fund
>> Equity Growth 130/30 Fund
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
>> Strategic Allocation: Aggressive Fund
>> Strategic Allocation: Conservative Fund
>> Strategic Allocation: Moderate Fund
>> Xxxxxx Fund
AMERICAN CENTURY TARGET MATURITIES TRUST
>> Target 2010 Fund
>> Target 2015 Fund
>> Target 2020 Fund
>> Target 2025 Fund
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
>> VP Balanced Fund
>> VP Capital Appreciation Fund
>> VP International Fund
>> VP Income & Growth Fund
>> VP Value Fund
>> VP Equity Index Fund
>> VP Growth Fund
>> VP Ultra Fund
>> VP Vista Fund
>> VP Global Growth Fund
>> VP Large Company Value Fund
>> VP Mid Cap Value Fund
AMERICAN CENTURY VARIABLE PORTFOLIOS II, INC.
>> VP Inflation Protection Fund
AMERICAN CENTURY INTERNATIONAL BOND FUNDS
>> American Century International Bond Fund
Pro Forma Estimate of Annual Fees
A fee proposal prepared by JPMorgan Chase Bank, N.A. ("JPMorgan") for American
Century Investments is detailed on the following pages. The pro forma fee
projection summarized below is based on the information provided by American
Century Investments and/or assumptions by JPMorgan about your service
requirements and investments.
We estimate that total annual fees for the services described in our proposal
(excluding out-of-pocket expenses and/or optional services, where applicable)
will be:
Trust/Custody $4,134,246 per year
Please refer to the following pages for itemized fees and charges by product
category and detailed assumptions regarding asset levels and activity used to
prepare the summary fee estimates above.
THE FOLLOWING IS REQUIRED PURSUANT TO REGULATIONS ADOPTED UNDER SECTION 326 OF
THE UNITING AND STRENGTHENING AMERICA BY PROVIDING APPROPRIATE TOOLS REQUIRED TO
INTERCEPT AND OBSTRUCT TERRORISM ACT (USA PATRIOT ACT) OF 2001:
To help the United States government fight the funding of terrorism and money
laundering activities, U.S. law requires banks and certain other financial
institutions to obtain, verify, and record information that identifies each
client that opens an account. What this means for our clients: Before opening a
new account, we will require you to provide name, address, taxpayer
identification number, and other information and/or documentation that will
allow us to identify the account owner(s), as required by law.
This Fee Schedule is effective as of January 1, 2008.
/s/ RJL
/s/ DJM
Trust/Custody
Global Markets - Safekeeping, Administration and Transactions
Ad valorem safekeeping and administration charges for international assets,
including U.S. assets held for non-U.S. investors are applied to the market
value of assets held at the end of the billing period. In addition, transaction
charges are applied to all securities transactions (including receives/delivers
versus payment and free, securities loans, repos, redemptions and corporate
actions) effected during the billing period. Transaction prices below presume
that JPMorgan receives valid instructions in an electronic format that enables
straight-through processing (STP), when applicable; trade instructions that
require manual input or repair will incur an additional surcharge.
----------------------------------------------------------------------------------------------------------------------------
Safekeeping & Administration Transactions
----------------------------------------------------------------------------------------------------------------------------
Annual Annual Annual
Tier 1 Tier 2 Tier 3 Estimated
Country of basis basis basis Annual Annual
Investment points $ Threshold points $ Threshold points STP Fee Volume Fee
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Argentina 22.50 50,000,000 19.13 62,500,000 17.21 $30.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Australia 0.90 500,000,000 0.77 625,000,000 0.69 7.50 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Austria 3.00 100,000,000 2.55 125,000,000 2.30 35.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Bahrain 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Bangladesh 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Belgium 2.00 150,000,000 1.70 187,500,000 1.53 30.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Bermuda 35.00 50,000,000 29.75 62,500,000 26.78 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Botswana 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Brazil 15.00 100,000,000 12.75 125,000,000 11.48 30.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Bulgaria 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Canada 0.90 875,000,000 0.77 1,093,750,000 0.69 -- $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Chile 30.00 50,000,000 25.50 62,500,000 22.95 60.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
China 20.00 50,000,000 17.00 62,500,000 15.30 50.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Colombia 31.40 50,000,000 26.69 62,500,000 24.02 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Costa Rica 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Croatia 35.00 50,000,000 29.75 62,500,000 26.78 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Cyprus 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Czech Republic 25.00 100,000,000 21.25 125,000,000 19.13 60.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Denmark 2.00 150,000,000 1.70 187,500,000 1.53 -- $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Ecuador 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Egypt 25.00 50,000,000 21.25 62,500,000 19.13 60.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Estonia 25.00 50,000,000 21.25 62,500,000 19.13 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Euroclear 1.00 100,000,000 0.85 125,000,000 0.77 20.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Finland 2.00 50,000,000 1.70 62,500,000 1.53 -- $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
France 0.90 1,250,000,000 0.77 1,562,500,000 0.69 20.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Germany 0.90 900,000,000 0.77 1,125,000,000 0.69 20.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Ghana 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Greece 7.00 300,000,000 5.95 375,000,000 5.36 50.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Hong Kong 4.00 400,000,000 3.40 500,000,000 3.06 -- $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Hungary 31.50 50,000,000 26.78 62,500,000 24.10 50.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Iceland 35.00 50,000,000 29.75 62,500,000 26.78 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
India 12.00 200,000,000 10.20 250,000,000 9.18 50.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Indonesia 10.00 100,000,000 8.50 125,000,000 7.65 50.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Ireland 2.00 125,000,000 1.70 156,250,000 1.53 25.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Israel 30.00 50,000,000 25.50 62,500,000 22.95 60.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Italy 0.90 400,000,000 0.77 500,000,000 0.69 20.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Ivory Coast 40.00 50,000,000 0.34 62,500,000 30.60 25.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Jamaica 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Japan 0.85 1,650,000,000 0.72 2,062,500,000 0.65 12.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Jersey 35.00 50,000,000 29.75 62,500,000 26.78 -- $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Jordan 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Kazakhstan 35.00 50,000,000 29.75 62,500,000 26.78 -- $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Kenya 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Korea 6.00 250,000,000 5.10 312,500,000 4.59 30.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Latvia 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Lebanon 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Lithuania 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Luxembourg 4.50 50,000,000 3.83 62,500,000 3.44 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Malaysia 8.00 50,000,000 6.80 62,500,000 6.12 50.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Malta 35.00 50,000,000 29.75 62,500,000 26.78 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Mauritius 36.00 50,000,000 30.60 62,500,000 27.54 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Mexico 7.00 175,000,000 5.95 218,750,000 5.36 -- $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Morocco 35.00 50,000,000 29.75 62,500,000 26.78 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Namibia 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Nepal 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Netherlands 0.90 500,000,000 0.77 625,000,000 0.69 20.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
New Zealand 7.00 50,000,000 5.95 62,500,000 5.36 35.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Nigeria 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Norway 2.00 400,000,000 1.70 500,000,000 1.53 -- $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Oman 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Pakistan 31.50 50,000,000 26.78 62,500,000 24.10 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Peru 35.00 50,000,000 29.75 62,500,000 26.78 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Philippines 12.00 50,000,000 10.20 62,500,000 9.18 50.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Poland 20.00 50,000,000 17.00 62,500,000 15.30 30.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Portugal 5.00 50,000,000 4.25 62,500,000 3.83 50.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Romania 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Russia 25.00 50,000,000 21.25 62,500,000 19.13 -- $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Singapore 5.00 100,000,000 4.25 125,000,000 3.83 35.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Slovakia 25.00 50,000,000 21.25 62,500,000 19.13 -- $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Slovenia 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
South Africa 4.50 175,000,000 3.83 218,750,000 3.44 -- $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Spain 2.00 250,000,000 1.70 312,500,000 1.53 25.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Sri Lanka 36.00 50,000,000 30.60 62,500,000 27.54 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Swaziland 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Sweden 2.00 150,000,000 1.70 187,500,000 1.53 25.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Switzerland 0.90 1,250,000,000 0.77 1,562,500,000 0.69 20.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Taiwan 12.00 300,000,000 10.20 375,000,000 9.18 50.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Thailand 6.00 50,000,000 5.10 62,500,000 4.59 30.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Tunisia 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Turkey 20.00 50,000,000 17.00 62,500,000 15.30 50.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Ukraine 35.00 50,000,000 29.75 62,500,000 26.78 -- $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
United Arab Emirates 35.00 50,000,000 29.75 62,500,000 26.78 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
United Kingdom 0.75 2,250,000,000 0.64 2,812,500,000 0.57 7.50 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
United States 0.15 85,000,000,000 0.10 -- 0.00 -- $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Uruguay 35.00 50,000,000 29.75 62,500,000 26.78 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Venezuela 35.00 50,000,000 29.75 62,500,000 26.78 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Vietnam 35.00 50,000,000 29.75 62,500,000 26.78 -- $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Zambia 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Zimbabwe 40.00 50,000,000 34.00 62,500,000 30.60 75.00 $0
----------------------- ----------- --------------- ---------- ----------------- ---------- ---------- --------- -----------
Total $0
Trust/Custody
Estimated
Transaction Charges Fee Quantity Annual Fee
-----------------------------------------------------------------------------------------------------------
Physical Security Settlements $15.00 per transaction $0
-----------------------------------------------------------------------------------------------------------
Total $0
Additional Charges
Service Fee Annual Volume Estimated
----------------------------------------------------------------------------------------------------------
Manual/Non-STP Transaction Surcharge $25 per transaction 0 $0
(in addition to applicable transaction fee)
----------------------------------------------------------------------------------------------------------
Alternative Asset Servicing TBD based on service 0 $0
requirements
----------------------------------------------------------------------------------------------------------
Overdraft charges Effective Fed Funds Rate +
100 bps
----------------------------------------------------------------------------------------------------------
Scope of Services
o Account Services
o New Market Review
o In region market support and consultation
o Market updates
o SWIFT and Depository updates and representation
o Trade settlement (including AutoSettle) and trade fail resolution
o Asset registration and safekeeping
o Income notification, collection and disbursement (including AutoCredit)
o Corporate action notification and processing
o Daily sweep of cash to selected JPMorgan short-term investment vehicle(s)
o Daily on-line reporting (holdings, transactions, cash)
o Inquiry research and resolution
o Staff training
Optional Services
Service Fee(s)
----------------------------------------------------------------------------------------
Short-Term Cash Investments Varies based on option(s) selected; see below
Class Action Processing To be determined based on service requirements
i-Vault Document Archive To be determined based on service requirements
Alternative Asset Servicing To be determined based on service requirements
Short-Term Cash Investment Fees
Fees for each of the short-term investment vehicles that JPMorgan offers for
investment of cash balances are detailed below.
Expense Ratio
U.S. Dollar Short-Term Cash Investments (in basis points) Notes
-------------------------------------------------------------------------------------------------------
JPMorgan Money Market Mutual Funds - Agency Share Class
Prime MMF 26
U.S. Government MMF 26
Federal MMF 26
Treasury Plus MMF 25
100% U.S. Treasury Securities MMF 26
Tax Free MMF 26
Liquid Assets MMF 26
-----------
