Appendix A
EX-99.B(h)(1)
ADMINISTRATION AGREEMENT
Appendix A
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Overview of Fee Structure
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Fees for Multi-Class Funds
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Multi-Class Non-Money Market Class-Level Total
Funds and Classes Fund-Level Fee/1/ Fee Fee
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Prior to Prior to
8/1/04 Effective 8/1/04 8/1/04 Effective 8/1/04
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Class A, Class B, Class C and Class 0.05% 0-4.99B 0.05% 0.28% 0.33% 0-4.99B 0.33%
D Shares 5B-9.99B 0.04% 5B-9.99B 0.32%
>9.99B 0.03% >9.99B 0.31%
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Institutional Class Shares 0.05% 0-4.99B 0.05% 0.20% 0.25% 0-4.99B 0.25%
5B-9.99B 0.04% 5B-9.99B 0.24%
>9.99B 0.03% >9.99B 0.23%
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Select Class Shares 0.05% 0-4.99B 0.05% 0.10% 0.15% 0-4.99B 0.15%
5B-9.99B 0.04% 5B-9.99B 0.14%
>9.99B 0.03% >9.99B 0.13%
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Multi-Class Money Market Class-Level Total
Funds and Classes Fund-Level Fee/1/ Fee Fee
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Prior to Prior to
8/1/04 Effective 8/1/04 8/1/04 Effective 8/1/04
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Class A, Class B and Class C Shares 0.05% 0-4.99B 0.05% 0.22% 0.27% 0-4.99B 0.27%
5B-9.99B 0.04% 5B-9.99B 0.26%
>9.99B 0.03% >9.99B 0.25%
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Service Class Shares 0.05% 0-4.99B 0.05% 0.12% 0.17% 0-4.99B 0.17%
5B-9.99B 0.04% 5B-9.99B 0.16%
>9.99B 0.03% >9.99B 0.15%
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Administrator Class Shares 0.05% 0-4.99B 0.05% 0.10% 0.15% 0-4.99B 0.15%
5B-9.99B 0.04% 5B-9.99B 0.14%
>9.99B 0.03% >9.99B 0.13%
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Institutional Class Shares 0.05% 0-4.99B 0.05% 0.08% 0.13% 0-4.99B 0.13%
5B-9.99B 0.04% 5B-9.99B 0.12%
>9.99B 0.03% >9.99B 0.11%
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/1/ The proposed breakpoints are triggered by the total assets of the Fund.
Fees for Single Class Funds
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Single Class Non-Money Market Funds Fee
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Prior to
8/1/04 Effective 8/1/04
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Retail Funds 0.33% 0-4.99B 0.33%
5B-9.99B 0.32%
>9.99B 0.31%
--------------------------------------------------------------------------------
Institutional Funds 0.25% 0-4.99B 0.25%
5B-9.99B 0.24%
>9.99B 0.23%
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Select Funds 0.15% 0-4.99B 0.15%
5B-9.99B 0.14%
>9.99B 0.13%
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Single Class Money Market Funds Fee
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Prior to
8/1/04 Effective 8/1/04
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Retail Funds 0.27% 0-4.99B 0.27%
5B-9.99B 0.26%
>9.99B 0.25%
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Service/Trust Funds 0.17% 0-4.99B 0.17%
5B-9.99B 0.16%
>9.99B 0.15%
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Institutional Funds 0.13% 0-4.99B 0.13%
5B-9.99B 0.12%
>9.99B 0.11%
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List of Funds and Classes
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Fee as % of
Average Daily
Funds/Classes Net Assets/1/
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1. Asset Allocation
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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2. California Limited Term Tax-Free
Class A 0.33%
Class C 0.33%
Institutional Class 0.25%
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3. California Tax-Free
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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4. California Tax-Free Money Market
Class A 0.27%
Service Class 0.17%
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5. California Tax-Free Money Market Trust 0.17%
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6. Cash Investment Money Market
Service Class 0.17%
Administrator Class 0.15%
Institutional Class 0.13%
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7. C&B Large Cap Value Fund
Class A 0.33%
Class B 0.33%
Class C 0.33%
Class D 0.33%
Institutional Class 0.25%
Select Class 0.15%
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8. C&B Mid Cap Value Fund
Class A 0.33%
Class B 0.33%
Class C 0.33%
Class D 0.33%
Institutional Class 0.25%
Select Class 0.15%
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9. C&B Tax-Managed Value Fund
Class A 0.33%
Class B 0.33%
Class C 0.33%
Class D 0.33%
Institutional Class 0.25%
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10. Colorado Tax-Free
Class A 0.33%
Class B 0.33%
Institutional Class 0.25%
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Fee as % of
Average Daily
Funds/Classes Net Assets/1/
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11. Diversified Bond
Institutional Class 0.25%
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12. Diversified Equity
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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13. Diversified Small Cap
Institutional Class 0.25%
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14. Equity Income
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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15. Equity Index
Class A 0.33%
Class B 0.33%
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16. Government Money Market
Class A 0.27%
Service Class 0.17%
Administrator Class 0.15%
Institutional Class 0.13%
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17. Growth Balanced
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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18. Growth Equity
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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19. Growth
Class A 0.33%
Class B 0.33%
Institutional Class 0.25%
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20. High Yield Bond
Class A 0.33%
Class B 0.33%
Class C 0.33%
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21. Income
Class A 0.33%
Class B 0.33%
Institutional Class 0.25%
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22. Income Plus
Class A 0.33%
Class B 0.33%
Class C 0.33%
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--------------------------------------------------------------------------------
Fee as % of
Average Daily
Funds/Classes Net Assets/1/
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23. Index
Institutional Class 0.25%
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24. Index Allocation
Class A 0.33%
Class B 0.33%
Class C 0.33%
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25. Inflation-Protected Bond
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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26. Intermediate Government Income
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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27. International Equity
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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28. Large Cap Appreciation
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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29. Large Cap Value
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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30. Large Company Growth
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
Select Class 0.15%
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31. Limited Term Government Income
Class A 0.33%
Class B 0.33%
Institutional Class 0.25%
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32. Liquidity Reserve Money Market
Investor Class 0.27%
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33. Minnesota Money Market
Class A 0.27%
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Fee as % of
Average Daily
Funds/Classes Net Assets/1/
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34. Minnesota Tax-Free
Class A 0.33%
Class B 0.33%
Institutional Class 0.25%
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35. Moderate Balanced
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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36. Money Market
Class A 0.27%
Class B 0.27%
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37. Money Market Trust 0.17%
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38. Xxxxxxxxxx Emerging Markets Focus
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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39. Xxxxxxxxxx Institutional Emerging Markets
Select Class 0.15%
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40. Xxxxxxxxxx Mid Cap Growth
Class A 0.33%
Class B 0.33%
Class C 0.33%
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41. Xxxxxxxxxx Short Duration Government Bond
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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42. Xxxxxxxxxx Small Cap
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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43. Xxxxxxxxxx Total Return Bond
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
Select Class 0.15%
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44. National Limited Term Tax-Free
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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Fee as % of
Average Daily
Funds/Classes Net Assets/1/
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45. National Tax-Free
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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46. National Tax-Free Money Market
Class A 0.27%
Service Class 0.17%
Institutional Class 0.13%
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47. National Tax-Free Money Market Trust 0.17%
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48. Nebraska Tax-Free
Institutional Class 0.25%
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49. Outlook Today
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
Select Class 0.25%
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50. Outlook 2010
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
Select Class 0.25%
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51. Outlook 2020
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
Select Class 0.25%
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52. Outlook 2030
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
Select Class 0.25%
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53. Outlook 2040
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
Select Class 0.25%
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54. Overland Express Sweep 0.27%
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55. Overseas
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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Fee as % of
Average Daily
Funds/Classes Net Assets/1/
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56. Prime Investment Money Market
Service Class 0.17%
Institutional Class 0.13%
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57. SIFE Specialized Financial Services
Class A 0.33%
Class B 0.33%
Class C 0.33%
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58. Small Cap Growth
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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59. Small Cap Opportunities
Institutional Class 0.25%
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60. Small Company Growth
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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61. Small Company Value
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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62. Specialized Health Sciences
Class A 0.33%
Class B 0.33%
Class C 0.33%
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63. Specialized Technology
Class A 0.33%
Class B 0.33%
Class C 0.33%
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64. Stable Income
Class A 0.33%
Class B 0.33%
Class C 0.33%
Institutional Class 0.25%
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65. Strategic Growth Allocation
Institutional Class 0.25%
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66. Strategic Income
Institutional Class 0.25%
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67. Tactical Maturity Bond
Institutional Class 0.25%
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68. Treasury Plus Money Market
Class A 0.27%
Service Class 0.17%
Institutional Class 0.13%
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69. WealthBuilder Equity 0.33%
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Fee as % of
Average Daily
Funds/Classes Net Assets/1/
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70. WealthBuilder Growth Balanced 0.33%
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71. WealthBuilder Moderate Balanced 0.33%
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72. WealthBuilder Tactical Equity 0.33%
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73. 100% Treasury Money Market
Class A 0.27%
Service Class 0.17%
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/1/ [Effective August 1, 2004, the fee rates for each Class will be subject to
breakpoints at $5 billion and $10 billion upon which the fee rates will decrease
by 0.01% of average daily net assets at each breakpoint level, as reflected in
the schedules on Page A-1 and A-2.
Most Recent annual agreement approval by the Board of Trustees: May 18, 2004
Appendix A amended: May 18, 2004
The foregoing fee schedule is agreed to as of May 18, 2004 and shall remain
in effect until changed in writing by the parties.
XXXXX FARGO FUNDS TRUST
By: /s/ C. Xxxxx Xxxxxxx
-----------------------------------
C. Xxxxx Xxxxxxx
Secretary
XXXXX FARGO FUNDS MANAGEMENT, LLC
By: /s/ Xxxxxx X. XxXxxxxx
-----------------------------------
Xxxxxx X. XxXxxxxx
Senior Vice President
