EXPENSE LIMITATION AGREEMENT
Exhibit (d)(6)
AGREEMENT made as of the 1st day of August, 2008 by and between RidgeWorth Funds (the “Trust”), a
Massachusetts business trust, RidgeWorth Capital Management Inc. (the “Adviser”) and each
investment subadviser listed on Schedule B (“Subadviser”) with respect to the series of the Trust
(the “Funds”) set forth on Schedule B (together, the “Parties”).
The Adviser and each Subadviser hereby agree to waive their fees and the Adviser agrees to
reimburse expenses to the extent necessary to limit total operating expenses (excluding taxes,
brokerage commissions, substitute dividend expenses on securities sold short, extraordinary
expenses and estimated indirect expenses attributable to investments in other funds, such as ETFs)
for Funds set forth on Schedule A to the levels set forth on Schedule A until August 1, 2008. The
total advisory fees waived shall be borne 60% by the Adviser and 40% by each Subadviser for all
Funds on Schedule A except the International Equity 130/30 Fund, Real Estate 130/30 Fund and U.S.
Equity 130/30 Fund, which shall be borne 40% by the Adviser and 60% by the Subadviser.
If at any point before August 1, 2011, it becomes unnecessary for the Adviser to waive fees and
make reimbursements and a Subadviser to make reimbursements for a particular Fund, the Adviser and
the Subadviser may retain the difference between the Total Annual Fund Operating Expenses of that
Fund and the applicable expense cap to recapture any of its prior waivers or reimbursements.
The Trust acknowledges that the Adviser may engage in brokerage transactions using Fund assets with
brokers who agree to pay a portion of the Fund’s expenses, and that the Adviser’s guarantee of Fund
expense ratios takes into account these expenses-limiting arrangements.
Exhibit (d)(6)
IN WITNESS WHEREOF, the parties hereto have caused this Expense Limitation Agreement to be executed
as of the day and year first written above.
| RIDGEWORTH FUNDS | RIDGEWORTH CAPITAL MANAGEMENT, INC. | |||||||||
By:
|
By: | |||||||||
Name:
|
Name: | |||||||||
Title:
|
Title: | |||||||||
ALPHA EQUITY MANAGEMENT LLC (with respect to the International Equity 130/30 Fund, Real Estate
130/30 Fund and U.S. Equity 130/30 Fund)
By:
|
||||
Name: |
||||
Title: |
||||
STABLERIVER CAPITAL MANAGEMENT LLC (with respect to the Institutional Cash Management Money Market
Fund, the Institutional Municipal Cash Reserve Fund, the Institutional U.S. Government Securities
Money Market Fund, the Institutional U.S. Treasury Securities Money Market Fund)
By:
|
||||
Name: |
||||
Title: |
||||
Exhibit (d)(6)
EXPENSE LIMITATION AGREEMENT
SCHEDULE A
SCHEDULE A
| SHARE | EXPENSE | |||||||
| FUND | CLASS | LIMITATION | ||||||
International Equity 130/30 Fund |
I | 1.55 | % | |||||
| A | 1.85 | % | ||||||
| C | 2.55 | % | ||||||
Real Estate 130/30 Fund |
I | 1.45 | % | |||||
| A | 1.75 | % | ||||||
| C | 2.45 | % | ||||||
U.S. Equity 130/30 Fund |
I | 1.30 | % | |||||
| A | 1.60 | % | ||||||
| C | 2.30 | % | ||||||
Life Vision Aggressive Growth Fund |
I | 0.20 | % | |||||
| A | 0.50 | % | ||||||
| B | 0.95 | % | ||||||
| C | 1.20 | % | ||||||
Life Vision Conservative Growth Fund |
I | 0.20 | % | |||||
| A | 0.50 | % | ||||||
| B | 0.95 | % | ||||||
| C | 1.20 | % | ||||||
Life Vision Growth & Income Fund |
I | 0.20 | % | |||||
| A | 0.50 | % | ||||||
| B | 0.95 | % | ||||||
| C | 1.20 | % | ||||||
Exhibit (d)(6)
| SHARE | EXPENSE | |||||||
| FUND | CLASS | LIMITATION | ||||||
Life Vision Moderate Growth Fund |
I | 0.20 | % | |||||
| A | 0.50 | % | ||||||
| B | 0.95 | % | ||||||
| C | 1.20 | % | ||||||
Life Vision Target Date 2015 Fund |
I | 0.20 | % | |||||
| A | 0.50 | % | ||||||
| C | 1.20 | % | ||||||
Life Vision Target Date 2025 Fund |
I | 0.20 | % | |||||
| A | 0.50 | % | ||||||
| C | 1.20 | % | ||||||
Life Vision Target Date 2035 Fund |
I | 0.20 | % | |||||
| A | 0.50 | % | ||||||
| C | 1.20 | % | ||||||
Institutional Cash Management
Money Market Fund |
Institutional | 0.17 | % | |||||
Institutional Municipal Cash
Reserve Money Market Fund |
Institutional | 0.20 | % | |||||
Institutional U.S. Government
Securities Money Market Fund |
Institutional | 0.20 | % | |||||
Institutional U.S. Treasury
Securities Money Market Fund |
Institutional | 0.20 | % | |||||
| Corporate Trust | 0.45 | % | ||||||
Exhibit (d)(6)
SCHEDULE B
| FUND NAME | ADVISER | |
Life Vision Aggressive Growth Fund
|
RidgeWorth Capital Management, Inc. | |
Life Vision Conservative Fund
|
RidgeWorth Capital Management, Inc. | |
Life Vision Growth and Income Fund
|
RidgeWorth Capital Management, Inc. | |
Life Vision Moderate Growth Fund
|
RidgeWorth Capital Management, Inc. | |
Life Vision Target Date 2015 Fund
|
RidgeWorth Capital Management, Inc. | |
Life Vision Target Date 2025 Fund
|
RidgeWorth Capital Management, Inc. | |
Life Vision Target Date 2035 Fund
|
RidgeWorth Capital Management, Inc. |
| FUND NAME | SUBADVISER | |
International Equity 130/30 Fund
|
Alpha Equity Management LLC | |
Real Estate 130/30 Fund
|
Alpha Equity Management LLC | |
U.S. Equity 130/30 Fund
|
Alpha Equity Management LLC | |
Institutional Cash Management Money Market
|
StableRiver Capital Management, LLC | |
Institutional Municipal Cash Reserve Money Market
|
StableRiver Capital Management, LLC | |
Institutional U.S. Government Securities Money Market
|
StableRiver Capital Management, LLC | |
Institutional U.S. Treasury Securities Money Market
|
StableRiver Capital Management, LLC |
