EXHIBIT EX-99.g.1.v
[JPMorgan LOGO]
XXXXXX XXXXXX
Vice President
Worldwide Securities Services
AMENDMENT
August 14, 2006
The UBS Funds
Xxx Xxxxx Xxxxxx Xxxxx
Xxxxxxx, XX 00000
RE: AMENDMENT TO MULTIPLE SERVICES AGREEMENT EFFECTIVE MAY 9, 1997 SCHEDULES B1
AND F TO REFLECT THE ADDITION OF SERIES, NAME CHANGES TO SERIES AND
ELIMINATION OF SERIES
Dear Sirs:
We refer to the Multiple Services Agreement effective May 9, 1997 (the
"MSA") between Xxxxxx Xxxxxxx Trust Company, which was succeeded by JPMorgan
Chase Bank, and The UBS Funds.
The parties hereby agree as follows:
1. "Schedule B1 - List of Series of The UBS Funds as last amended on March
27, 2006" IS REPLACED in its entirety with "Schedule B1 - List of Series of The
UBS Funds as last amended on August 14, 2006" attached hereto.
2. "Schedule F - Fee Schedule for The UBS Funds as last amended on March
27, 2006" IS REPLACED in its entirety with "Schedule F - Fee Schedule for The
UBS Funds as last amended on August 14, 2006," attached hereto.
The MSA, as amended by this letter amendment, shall continue in full force
and effect.
Please evidence your acceptance of the terms of this letter by signing
below and returning one copy to Xxxxxx X. Xxxxxx, Worldwide Security Services,
JPMorgan Chase Bank, NA, 0 Xxxxx Xxxxxxxxx Xxxxx, 00xx Xxxxx, Xxx Xxxx, XX
00000-0000.
Very truly yours,
JPMORGAN CHASE BANK
By: /s/ Xxxxxx X. Xxxxxx
------------------------------------
Name: Xxxxxx X. Xxxxxx
Title: Vice President
Accepted and Agreed:
THE UBS FUNDS
By: /s/ Xxxxxxx Xxxxxxxx
---------------------------------
Name: Xxxxxxx Xxxxxxxx
Title: Assistant Treasurer
JPMorgan CHASE BANK, N.A. 0 Xxxxx Xxxxxxxxx Xxxxx, Xxxxx 00, Xxx Xxxx, XX 00000
Telephone: 000-000-0000 Facsimile: 000-000-0000
xxxxxx.x.xxxxxx@xxxxxxxx.xxx
XXXXXX XXXXXX
Vice President
Worldwide Securities Services
SCHEDULE B1
LIST OF SERIES OF THE UBS FUNDS
AS LAST AMENDED AUGUST 14, 2006
UBS U.S. Bond Fund
UBS High Yield Fund
UBS U.S. Large Cap Equity Fund
UBS U.S. Large Cap Value Equity Fund
UBS U.S. Large Cap Growth Fund
UBS U.S. Small Cap Equity Fund
UBS U.S. Small Cap Growth Fund
UBS U.S. Real Estate Equity Fund
UBS Global Allocation Fund
UBS Global Equity Fund
UBS Global Bond Fund
UBS International Equity Fund
UBS Emerging Markets Debt Fund
UBS Emerging Markets Equity Fund
UBS Dynamic Alpha Fund
UBS Absolute Return Bond Fund
UBS U.S. Mid Cap Growth Equity Fund
UBS U.S. Equity Alpha Fund
JPMorgan CHASE BANK, N.A. 0 Xxxxx Xxxxxxxxx Xxxxx, Xxxxx 00, Xxx Xxxx, XX 00000
Telephone: 000-000-0000 Facsimile: 000-000-0000
xxxxxx.x.xxxxxx@xxxxxxxx.xxx
XXXXXX XXXXXX
Vice President
Worldwide Securities Services
SCHEDULE F
FEE SCHEDULE FOR THE UBS FUNDS
AS LAST AMENDED AUGUST 14, 2006
ACCOUNTING AND CUSTODY SERVICES ANNUAL FEE SCHEDULE
1. On an annual basis, 5.25 basis points of the average weekly U.S. assets of
the Customer and 11.00 basis points of the average weekly non-U.S. assets of the
Customer.
NO FEE (asset based or otherwise) will be charged on any investments made by any
fund into any other fund managed by UBS Global Asset Management (Americas) Inc.
Fees are to be charged ONLY where actual non-UBS Global Asset Management
(Americas) Inc.-sponsored investment company or series securities are held.
For purposes of this Schedule F, the "average weekly U.S. assets of the
customer" means the average weekly U.S. assets custodied within the United
States of the Customer as calculated by the Accounting Agent for the month for
which the statement reflecting the charges for a given month relates. For
purposes of this Schedule F, the "average weekly non-U.S. assets of the
customer" means the average weekly balance of countries included in the Xxxxxx
Xxxxxxx Capital World Ex-U.S.A. (free) Index or the Salomon Non-U.S. Government
Bond Index (including assets with a country of issue of the European Economic
Community and held in Euroclear or CEDEL) custodied outside the United States of
the Customer as calculated by the Accounting Agent for the month for which the
statement reflecting the charges for a given month relates.
Those fees include all out-of-pocket expenses or transaction charges incurred by
the accountant and custodian with the exception of the following.
JPMorgan CHASE BANK, N.A. 0 Xxxxx Xxxxxxxxx Xxxxx, Xxxxx 00, Xxx Xxxx, XX 00000
Telephone: 000-000-0000 Facsimile: 000-000-0000
xxxxxx.x.xxxxxx@xxxxxxxx.xxx
XXXXXX XXXXXX
Vice President
Worldwide Securities Services
SCHEDULE F
as amended on August 14, 2006
The Customer will be billed directly by Other Parties for the following direct
Customer expenses or transaction charges:
(1) taxes;
(2) salaries and other fees of officers and directors who are not officers,
directors, shareholders or employees of Other Parties, or the Customer's
investment adviser;
(3) SEC and state Blue Sky registration and qualification fees, levies, fines
and other charges;
(4) XXXXX filing fees;
(5) independent public accountants;
(6) insurance premiums including fidelity bond premiums;
(7) outside legal expenses;
(8) costs of maintenance of corporate existence;
(9) expenses of typesetting and printing of prospectuses for regulatory
purposes and for distribution to current shareholders of the Customer;
(10) expenses of printing and production costs of shareholders' reports and
proxy statements and materials;
(11) trade association dues and expenses; and
(12) travel and lodging expenses of the Customer's directors and officers who
are not directors, officers and/or employees of Other Parties. Customer
will not be billed directly for any direct Customer Expenses or pay any
other direct Customer expenses, unless the payment of such direct expenses
is agreed to in writing by Customer.
2. Upon termination of the provision of services under this Agreement before
the end of any month, the fee for the part of the month before such
termination or the date after which the provision of services ceases,
whichever is later, shall be prorated according to the proportion which
such part bears to the full monthly period and shall be payable upon the
date of such termination or the date after which the provision of the
services ceases, whichever is later.
JPMorgan CHASE BANK, N.A. 0 Xxxxx Xxxxxxxxx Xxxxx, Xxxxx 00, Xxx Xxxx, XX 00000
Telephone: 000-000-0000 Facsimile: 000-000-0000
xxxxxx.x.xxxxxx@xxxxxxxx.xxx
