Exhibit 99.(d)(2)
SCHEDULE A
FEE AND EXPENSE AGREEMENT
XXXXX FARGO FUNDS TRUST
(CAPPED OPERATING EXPENSE RATIOS)
CAPPED OPERATING EXPIRATION /
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
---------------------------------------- ---------------- ------------------
Aggressive Allocation Fund
Administrator Class 1.00% January 31, 2010
Asia Pacific Fund
Class A 1.60% January 31, 2010
Class C 2.35% January 31, 2010
Investor Class 1.65% January 31, 2010
Asset Allocation Fund
Class A 1.15% January 31, 2010
Class B 1.90% January 31, 2010
Class C 1.90% January 31, 2010
Administrator Class 0.90% January 31, 2010
C&B Large Cap Value Fund
Class A 1.15% January 31, 2010
Class B 1.90% January 31, 2010
Class C 1.90% January 31, 2010
Administrator Class 0.95% January 31, 2010
Institutional Class 0.70% January 31, 2010
Investor Class 1.20% January 31, 2010
C&B Mid Cap Value Fund
Class A 1.20% February 28, 2010
Class B 1.95% February 28, 2010
Class C 1.95% February 28, 2010
Administrator Class 1.15% February 28, 2010
Institutional Class 0.90% February 28, 2010
Investor Class 1.25% February 28, 2010
California Limited-Term Tax-Free Fund
Class A 0.85% October 31, 2009
Class C 1.60% October 31, 2009
Administrator Class 0.60% October 31, 2009
A-1
CAPPED OPERATING EXPIRATION /
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
---------------------------------------- ---------------- ------------------
California Tax-Free Fund
Class A 0.80% October 31, 2009
Class B 1.55% October 31, 2009
Class C 1.55% October 31, 2009
Administrator Class 0.55% October 31, 2009
California Tax-Free Money Market Fund/1/
Class A 0.65% June 30, 2010
Institutional Class 0.20% June 30, 2010
Service Class 0.45% June 30, 2010
California Tax-Free Money Market
Trust/1/ 0.20% June 30, 2010
Capital Growth Fund
Class A 1.25% November 30, 2009
Class C 2.00% November 30, 2009
Administrator Class 0.94% November 30, 2009
Institutional Class 0.75% November 30, 2009
Investor Class 1.35% November 30, 2009
Cash Investment Money Market Fund
Administrator Class 0.35% June 30, 2010
Institutional Class 0.20% June 30, 2010
Select Class 0.13% June 30, 2010
Service Class 0.50% June 30, 2010
Colorado Tax-Free Fund
Class A 0.85% October 31, 2009
Class B 1.60% October 31, 2009
Class C 1.60% October 31, 2009
Administrator Class 0.60% October 31, 2009
Common Stock Fund
Class A 1.26% February 28, 2010
Class B 2.01% February 28, 2010
Class C 2.01% February 28, 2010
Investor Class 1.29% February 28, 2010
Conservative Allocation Fund
Administrator Class 0.85% January 31, 2010
Discovery Fund
Class A 1.33% February 28, 2010
Class C 2.08% February 28, 2010
Administrator Class 1.15% February 28, 2010
Institutional Class 0.95% February 28, 2010
Investor Class 1.38% February 28, 2010
Diversified Bond Fund
Administrator Class 0.70% September 30, 2009
----------
/1/ On August 12, 2009, the Board of Trustees approved a fundamental investment
policy change for the California Tax-Free Money Market Fund and California
Tax-Free Money Market Trust. Upon shareholder approval the fundamental
investment policy and the Fund names will change to the California
Municipal Money Market Fund and California Municipal Money Market Trust,
effective December 1, 2009.
A-2
CAPPED OPERATING EXPIRATION /
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
---------------------------------------- ---------------- ------------------
Diversified Equity Fund
Class A 1.25% January 31, 2010
Class B 2.00% January 31, 2010
Class C 2.00% January 31, 2010
Administrator Class 1.00% January 31, 2010
Diversified Small Cap Fund
Administrator Class 1.00% January 31, 2010
Emerging Growth Fund
Class A 1.45% January 31, 2010
Class C 2.20% January 31, 2010
Administrator Class 1.20% January 31, 2010
Institutional Class 0.95% January 31, 2010
Investor Class 1.49% January 31, 2010
Emerging Markets Equity Fund
Class A 1.90% January 31, 2010
Class B 2.65% January 31, 2010
Class C 2.65% January 31, 2010
Administrator Class 1.60% January 31, 2010
Endeavor Select Fund
Class A 1.25% November 30, 2009
Class B 2.00% November 30, 2009
Class C 2.00% November 30, 2009
Administrator Class 1.00% November 30, 2009
Institutional Class 0.80% November 30, 2009
Enterprise Fund
Class A 1.35% February 28, 2010
Class C 2.10% February 28, 2010
Administrator Class 1.15% February 28, 2010
Institutional Class 0.90% February 28, 2010
Investor Class 1.45% February 28, 2010
Equity Income Fund
Class A 1.10% January 31, 2010
Class B 1.85% January 31, 2010
Class C 1.85% January 31, 2010
Administrator Class 0.85% January 31, 2010
Equity Value Fund
Class A 1.25% January 31, 2010
Class B 2.00% January 31, 2010
Class C 2.00% January 31, 2010
Administrator Class 1.00% January 31, 2010
Institutional Class 0.75% January 31, 2010
Government Money Market Fund
Class A 0.65% June 30, 2010
Administrator Class 0.35% June 30, 2010
Institutional Class 0.20% June 30, 2010
Service Class 0.50% June 30, 2010
A-3
CAPPED OPERATING EXPIRATION /
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
---------------------------------------- ---------------- ------------------
Government Securities Fund
Class A 0.90% September 30, 2009
Class B 1.65% September 30, 2009
Class C 1.65% September 30, 2009
Administrator Class 0.70% September 30, 2009
Institutional Class 0.48% September 30, 2009
Investor Class 0.95% September 30, 2009
Growth Fund
Class A 1.30% November 30, 2009
Class C 2.05% November 30, 2009
Administrator Class 0.96% November 30, 2009
Institutional Class 0.80% November 30, 2009
Investor Class 1.40% November 30, 2009
Growth Balanced Fund
Class A 1.20% January 31, 2010
Class B 1.95% January 31, 2010
Class C 1.95% January 31, 2010
Administrator Class 0.95% January 31, 2010
Growth Equity Fund
Class A 1.50% January 31, 2010
Class B 2.25% January 31, 2010
Class C 2.25% January 31, 2010
Administrator Class 1.25% January 31, 2010
Institutional Class 1.05% January 31, 2010
Heritage Money Market Fund
Administrator Class 0.35% June 30, 2010
Institutional Class 0.20% June 30, 2010
Select Class 0.13% June 30, 2010
High Income Fund
Class A 0.90% September 30, 2009
Class B 1.65% September 30, 2009
Class C 1.65% September 30, 2009
Institutional Class 0.50% September 30, 2009
Investor Class 0.95% September 30, 2009
Income Plus Fund
Class A 0.90% September 30, 2009
Class B 1.65% September 30, 2009
Class C 1.65% September 30, 2009
Institutional Class 0.61% September 30, 2009
Investor Class 0.94% September 30, 2009
Index Fund
Class A 0.62% January 31, 2010
Class B 1.37% January 31, 2010
Administrator Class 0.25% January 31, 2010
Investor Class 0.45% January 31, 2010
A-4
CAPPED OPERATING EXPIRATION /
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
---------------------------------------- ---------------- ------------------
Inflation-Protected Bond Fund
Class A 0.85% September 30, 2009
Class B 1.60% September 30, 2009
Class C 1.60% September 30, 2009
Administrator Class 0.60% September 30, 2009
Intermediate Tax/AMT-Free Fund
Class A 0.70% October 31, 2009
Class C 1.45% October 31, 2009
Administrator Class 0.60% October 31, 2009
Institutional Class 0.42% October 31, 2009
Investor Class 0.75% October 31, 2009
International Core Fund
Class A 1.50% January 31, 2010
Class B 2.25% January 31, 2010
Class C 2.25% January 31, 2010
Administrator Class 1.25% January 31, 2010
International Equity Fund
Class A 1.41% January 31, 2010
Class B 2.16% January 31, 2010
Class C 2.16% January 31, 2010
Administrator Class 1.25% January 31, 2010
Institutional Class 0.99% January 31, 2010
Investor Class 1.46% January 31, 2010
International Value Fund
Class A 1.50% January 31, 2010
Class B 2.25% January 31, 2010
Class C 2.25% January 31, 2010
Administrator Class 1.25% January 31, 2010
Institutional Class 1.05% January 31, 2010
Large Cap Appreciation Fund
Class A 1.25% January 31, 2010
Class B 2.00% January 31, 2010
Class C 2.00% January 31, 2010
Administrator Class 1.00% January 31, 2010
Institutional Class 0.70% January 31, 2010
Large Cap Growth Fund
Investor Class 1.19% November 30, 2009
Large Company Core Fund
Class A 1.14% November 30, 2009
Class B 1.89% November 30, 2009
Class C 1.89% November 30, 2009
Administrator Class 0.95% November 30, 2009
Investor Class 1.28% November 30, 2009
Institutional Class 0.66% November 30, 2009
A-5
CAPPED OPERATING EXPIRATION /
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
---------------------------------------- ---------------- ------------------
Large Company Growth Fund
Class A 1.20% January 31, 2010
Class B 1.95% January 31, 2010
Class C 1.95% January 31, 2010
Administrator Class 0.95% January 31, 2010
Institutional Class 0.75% January 31, 2010
Investor Class 1.27% January 31, 2010
Large Company Value Fund
Class A 1.25% November 30, 2009
Class C 2.00% November 30, 2009
Administrator Class 0.96% November 30, 2009
Institutional Class 0.75% November 30, 2009
Investor Class 1.35% November 30, 2009
Mid Cap Disciplined Fund
Class A 1.25% February 28, 2010
Class C 2.00% February 28, 2010
Administrator Class 1.15% February 28, 2010
Institutional Class 0.90% February 28, 2010
Investor Class 1.31% February 28, 2010
Mid Cap Growth Fund
Class A 1.35% February 28, 2010
Class B 2.10% February 28, 2010
Class C 2.10% February 28, 2010
Administrator Class 1.15% February 28, 2010
Institutional Class 0.90% February 28, 2010
Investor Class 1.45% February 28, 2010
Minnesota Money Market Fund
Class A 0.80% June 30, 2010
Minnesota Tax-Free Fund
Class A 0.85% October 31, 2009
Class B 1.60% October 31, 2009
Class C 1.60% October 31, 2009
Administrator Class 0.60% October 31, 2009
Moderate Balanced Fund
Class A 1.15% January 31, 2010
Class B 1.90% January 31, 2010
Class C 1.90% January 31, 2010
Administrator Class 0.90% January 31, 2010
Money Market Fund
Class A 0.76% June 30, 2010
Class B 1.51% June 30, 2010
Investor Class 0.65% June 30, 2010
Money Market Trust 0.20% June 30, 2010
A-6
CAPPED OPERATING EXPIRATION /
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
---------------------------------------- ---------------- ------------------
Municipal Bond Fund
Class A 0.75% October 31, 2009
Class B 1.50% October 31, 2009
Class C 1.50% October 31, 2009
Administrator Class 0.60% October 31, 2009
Institutional Class/2/ 0.42% October 31, 2009
Investor Class 0.80% October 31, 2009
Municipal Money Market Fund
Institutional Class 0.20% June 30, 2010
Investor Class 0.64% June 30, 2010
National Tax-Free Money Market Fund
Class A 0.65% June 30, 2010
Administrator Class 0.30% June 30, 2010
Institutional Class 0.20% June 30, 2010
Service Class 0.45% June 30, 2010
National Tax-Free Money Market Trust 0.20% June 30, 2010
Opportunity Fund
Class A 1.29% February 28, 2010
Class C 2.04% February 28, 2010
Administrator Class 1.04% February 28, 2010
Investor Class 1.35% February 28, 2010
Overland Express Sweep Fund 1.08% June 30, 2010
Prime Investment Money Market Fund
Institutional Class 0.20% June 30, 2010
Service Class 0.55% June 30, 2010
Short Duration Government Bond Fund
Class A 0.85% September 30, 2009
Class B 1.60% September 30, 2009
Class C 1.60% September 30, 2009
Administrator Class 0.60% September 30, 2009
Institutional Class 0.42% September 30, 2009
Short-Term Bond Fund
Class A 0.80% September 30, 2009
Class C 1.55% September 30, 2009
Institutional Class 0.48% September 30, 2009
Investor Class 0.85% September 30, 2009
Short-Term High Yield Bond Fund
Class A 0.81% September 30, 2009
Class C 1.56% September 30, 2009
Investor Class 0.86% September 30, 2009
----------
/2/ On June 2, 2009, the Board of Trustees approved an increase to the
Municipal Bond Fund Institutional Class from 0.42% to 0.50% effective
November 1, 2009.
A-7
CAPPED OPERATING EXPIRATION /
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
---------------------------------------- ---------------- ------------------
Short-Term Municipal Bond Fund
Class A 0.60% October 31, 2009
Class C 1.35% October 31, 2009
Institutional Class 0.40% October 31, 2009
Investor Class 0.66% October 31, 2009
Small Cap Disciplined Fund
Class A 1.45% February 28, 2010
Class C 2.20% February 28, 2010
Administrator Class 1.20% February 28, 2010
Institutional Class 1.00% February 28, 2010
Investor Class 1.49% February 28, 2010
Small Cap Growth Fund
Class A 1.40% February 28, 2010
Class B 2.15% February 28, 2010
Class C 2.15% February 28, 2010
Administrator Class 1.20% February 28, 2010
Institutional Class 0.90% February 28, 2010
Investor Class 1.49% February 28, 2010
Small Cap Opportunities Fund
Administrator Class 1.20% February 28, 2010
Small Cap Value Fund
Class A 1.44% February 28, 2010
Class B 2.19% February 28, 2010
Class C 2.19% February 28, 2010
Institutional Class 0.95% February 28, 2010
Investor Class 1.36% February 28, 2010
Small Company Growth Fund
Class A 1.45% January 31, 2010
Class B 2.20% January 31, 2010
Class C 2.20% January 31, 2010
Administrator Class 1.20% January 31, 2010
Institutional Class 0.95% January 31, 2010
Small Company Value Fund
Class A 1.45% January 31, 2010
Class B 2.20% January 31, 2010
Class C 2.20% January 31, 2010
Administrator Class 1.20% January 31, 2010
Small/Mid Cap Value Fund
Class A 1.40% February 28, 2010
Class C 2.15% February 28, 2010
Administrator Class 1.15% February 28, 2010
Institutional Class 0.95% February 28, 2010
Investor Class 1.49% February 28, 2010
Social Sustainability Fund
Class A 1.25% November 30, 2009
Class C 2.00% November 30, 2009
Administrator Class 1.00% November 30, 2009
A-8
CAPPED OPERATING EXPIRATION /
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
---------------------------------------- ---------------- ------------------
Specialized Financial Services Fund
Class A 1.35% February 28, 2010
Class B 2.10% February 28, 2010
Class C 2.10% February 28, 2010
Specialized Technology Fund
Class A 1.75% February 28, 2010
Class B 2.50% February 28, 2010
Class C 2.50% February 28, 2010
Investor Class 1.85% February 28, 2010
Stable Income Fund
Class A 0.85% September 30, 2009
Class B 1.60% September 30, 2009
Class C 1.60% September 30, 2009
Administrator Class 0.65% September 30, 2009
Strategic Income Fund
Class A 1.10% September 30, 2009
Class B 1.85% September 30, 2009
Class C 1.85% September 30, 2009
Strategic Small Cap Value Fund/3/
Class A 1.45% January 31, 2010
Class C 2.20% January 31, 2010
Administrator Class 1.20% January 31, 2010
Target Today Fund/4/
Class A 1.15% June 30, 2010
Class B 1.90% June 30, 2010
Class C 1.90% June 30, 2010
Administrator Class 0.85% June 30, 2010
Institutional Class 0.62% June 30, 2010
Investor Class 0.91% June 30, 2010
Target 2010 Fund/4/
Class A 1.18% June 30, 2010
Class B 1.93% June 30, 2010
Class C 1.93% June 30, 2010
Administrator Class 0.88% June 30, 2010
Institutional Class 0.65% June 30, 2010
Investor Class 0.94% June 30, 2010
----------
/3/ On June 2, 2009, the Board of Trustees approved the liquidation of the
Strategic Small Cap Value Fund effective on or about August 21, 2009.
/4/ On August 12, 2009, the Board of Trustees were notified of reductions to
the net operating expense ratios for each of the Target Date Funds.
Effective from October 1, 2009 through June 30, 2010 the reductions will be
as follows: Institutional Class reduced by 17 basis points; Administrator
Class reduced by 5 basis points; Class A, B and C reduced by 17 basis
points; and Investor Class reduced by 5 basis points.
A-9
CAPPED OPERATING EXPIRATION /
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
---------------------------------------- ---------------- ------------------
Target 2015 Fund/4/
Institutional Class 0.66% June 30, 2010
Administrator Class 0.89% June 30, 2010
Investor Class 0.95% June 30, 2010
Target 2020 Fund/4/
Class A 1.20% June 30, 2010
Class B 1.95% June 30, 2010
Class C 1.95% June 30, 2010
Administrator Class 0.90% June 30, 2010
Institutional Class 0.67% June 30, 2010
Investor Class 0.96% June 30, 2010
Target 2025 Fund/4/
Administrator Class 0.90% June 30, 2010
Institutional Class 0.67% June 30, 2010
Investor Class 0.96% June 30, 2010
Target 2030 Fund/4/
Class A 1.21% June 30, 2010
Class B 1.96% June 30, 2010
Class C 1.96% June 30, 2010
Administrator Class 0.91% June 30, 2010
Institutional Class 0.68% June 30, 2010
Investor Class 0.97% June 30, 2010
Target 2035 Fund/4/
Administrator Class 0.92% June 30, 2010
Institutional Class 0.69% June 30, 2010
Investor Class 0.98% June 30, 2010
Target 2040 Fund/4/
Class A 1.22% June 30, 2010
Class B 1.97% June 30, 2010
Class C 1.97% June 30, 2010
Administrator Class 0.92% June 30, 2010
Institutional Class 0.69% June 30, 2010
Investor Class 0.98% June 30, 2010
Target 2045 Fund/4/
Administrator Class 0.92% June 30, 2010
Institutional Class 0.69% June 30, 2010
Investor Class 0.98% June 30, 2010
Target 2050 Fund/4/
Administrator Class 0.92% June 30, 2010
Institutional Class 0.69% June 30, 2010
Investor Class 0.98% June 30, 2010
Total Return Bond Fund
Class A 0.85% September 30, 2009
Class B 1.60% September 30, 2009
Class C 1.60% September 30, 2009
Administrator Class 0.70% September 30, 2009
Institutional Class 0.42% September 30, 2009
Investor Class 0.90% September 30, 2009
A-10
CAPPED OPERATING EXPIRATION /
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
---------------------------------------- ---------------- ------------------
Treasury Plus Money Market Fund
Class A 0.65% June 30, 2010
Administrator Class 0.35% June 30, 2010
Institutional Class 0.20% June 30, 2010
Service Class 0.50% June 30, 2010
Ultra Short-Term Income Fund
Class A 0.70% September 30, 2009
Class C 1.45% September 30, 2009
Administrator Class 0.55% September 30, 2009
Institutional Class 0.35% September 30, 2009
Investor Class 0.75% September 30, 2009
Ultra Short-Term Municipal Income Fund
Class A 0.67% October 31, 2009
Class C 1.42% October 31, 2009
Institutional Class 0.37% October 31, 2009
Investor Class 0.72% October 31, 2009
U.S. Value Fund
Class A 1.25% November 30, 2009
Class B 2.00% November 30, 2009
Class C 2.00% November 30, 2009
Administrator Class 0.96% November 30, 2009
Investor Class 1.32% November 30, 2009
WealthBuilder Conservative Allocation
Portfolio 1.50% September 30, 2009
WealthBuilder Equity Portfolio 1.50% September 30, 2009
WealthBuilder Growth Allocation
Portfolio 1.50% September 30, 2009
WealthBuilder Growth Balanced Portfolio 1.50% September 30, 2009
WealthBuilder Moderate Balanced
Portfolio 1.50% September 30, 2009
WealthBuilder Tactical Equity Portfolio 1.50% September 30, 2009
Wisconsin Tax-Free Fund
Class A 0.70% October 31, 2009
Class C 1.49% October 31, 2009
Investor Class 0.75% October 31, 2009
100% Treasury Money Market Fund
Class A 0.65% June 30, 2010
Service Class 0.50% June 30, 2010
Most Recent Annual Approval: March 27, 2009
Schedule A amended: August 12, 2009
A-11
The foregoing schedule of capped operating expense ratios is agreed to as
of August 12, 2009 and shall remain in effect until changed in writing by the
parties.
XXXXX FARGO FUNDS TRUST
By:
------------------------------------
X. Xxxxx Xxxxxxx
Secretary
XXXXX FARGO FUNDS MANAGEMENT, LLC
By:
------------------------------------
Xxxxxx Xxxx
Executive Vice President
A-12
AS OF MAY 18, 2004
AMENDED AND RESTATED FEE AND EXPENSE AGREEMENT
SCHEDULE B
XXXXX FARGO FUNDS TRUST
NOT SUBJECT TO CAPPED OPERATING EXPENSE RATIOS
DATE OF
REMOVAL FROM
NAME OF FUND/CLASS SCHEDULE A
------------------ -------------------
1
