ASSIGNMENT
THIS ASSIGNMENT is made as of the 1st day of August, 1997,
between and among ▇▇▇▇ ▇▇▇▇▇▇ Trust Company ("DWTC"), ▇▇▇▇ ▇▇▇▇▇▇
Trust FSB ("DWTFSB") and the open-end investment companies managed by ▇▇▇▇
▇▇▇▇▇▇ InterCapital Inc. ("InterCapital") as set forth on Exhibit A attached
hereto (the "▇▇▇▇ ▇▇▇▇▇▇ Open-End Funds").
WHEREAS, this Assignment is supplemental to Transfer Agency and Service
Agreements between DWTC and each of the ▇▇▇▇ ▇▇▇▇▇▇ Open-End Funds in effect as
of the date of this Assignment (the "Transfer Agency Agreements"); and
WHEREAS, in connection with the merger of DWTC into a federal savings bank,
DWTFSB, DWTC wishes to assign its rights and obligations under the Transfer
Agency Agreements to DWTFSB,
NOW THEREFORE, in consideration of the foregoing, the parties agree as
follows:
1. DWTC hereby assigns to DWTFSB all of its right, title and interest
in the Transfer Agency Agreements, effective August 1, 1997.
2. DWTFSB assumes the obligations and duties of DWTC under the
Transfer Agency Agreements and agrees to be bound by the terms thereof.
3. Each of the ▇▇▇▇ ▇▇▇▇▇▇ Open-End Funds accepts and consents to
said assignment of the Transfer Agency Agreements from DWTC to DWTFSB.
4. Each of the ▇▇▇▇ ▇▇▇▇▇▇ Open-End Funds, DWTC and DWTFSB hereby
consent to the adoption of a revised fee schedule, to be attached to the
Transfer Agency Agreements as Schedule A, superseding and replacing the existing
Schedule A, to be effective on the date of assignment of the Transfer Agency
Agreements.
IN WITNESS WHEREOF, this Assignment is executed by the parties as of the
date first above written.
▇▇▇▇ ▇▇▇▇▇▇ OPEN-END FUNDS
by:
---------------------------
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇
Chairman
▇▇▇▇ ▇▇▇▇▇▇ TRUST COMPANY ▇▇▇▇ ▇▇▇▇▇▇ TRUST FSB
by: by:
---------------------------- ------------------------------
▇▇▇▇ Van Heuvelen ▇▇▇▇ Van Heuvelen
President President
EXHIBIT A - AUGUST 1, 1997
▇▇▇▇ ▇▇▇▇▇▇ OPEN-END FUNDS
MONEY MARKET FUNDS
1. ▇▇▇▇ ▇▇▇▇▇▇ Liquid Asset Fund Inc.
2. Active Assets Money Trust
3. ▇▇▇▇ ▇▇▇▇▇▇ U.S. Government Money Market Trust
4. Active Assets Government Securities Trust
5. ▇▇▇▇ ▇▇▇▇▇▇ Tax-Free Daily Income Trust
6. Active Assets Tax-Free Trust
7. ▇▇▇▇ ▇▇▇▇▇▇ California Tax-Free Daily Income Trust
8. ▇▇▇▇ ▇▇▇▇▇▇ New York Municipal Money Market Trust
9. Active Assets California Tax-Free Trust
EQUITY FUNDS
10. ▇▇▇▇ ▇▇▇▇▇▇ American Value Fund
11. ▇▇▇▇ ▇▇▇▇▇▇ Mid-Cap Growth Fund
12. ▇▇▇▇ ▇▇▇▇▇▇ Dividend Growth Securities Inc.
13. ▇▇▇▇ ▇▇▇▇▇▇ Capital Growth Securities
14. ▇▇▇▇ ▇▇▇▇▇▇ Global Dividend Growth Securities
15. ▇▇▇▇ ▇▇▇▇▇▇ Income Builder Fund
16. ▇▇▇▇ ▇▇▇▇▇▇ Natural Resource Development Securities Inc.
17. ▇▇▇▇ ▇▇▇▇▇▇ Precious Metals and Minerals Trust
18. ▇▇▇▇ ▇▇▇▇▇▇ Developing Growth Securities Trust
19. ▇▇▇▇ ▇▇▇▇▇▇ Health Sciences Trust
20. ▇▇▇▇ ▇▇▇▇▇▇ Capital Appreciation Fund
21. ▇▇▇▇ ▇▇▇▇▇▇ Information Fund
22. ▇▇▇▇ ▇▇▇▇▇▇ Value-Added Market Series
23. ▇▇▇▇ ▇▇▇▇▇▇ World Wide Investment Trust
24. ▇▇▇▇ ▇▇▇▇▇▇ European Growth Fund Inc.
25. ▇▇▇▇ ▇▇▇▇▇▇ Pacific Growth Fund Inc.
26. ▇▇▇▇ ▇▇▇▇▇▇ International SmallCap Fund
27. ▇▇▇▇ ▇▇▇▇▇▇ Japan Fund
28. ▇▇▇▇ ▇▇▇▇▇▇ Utilities Fund
29. ▇▇▇▇ ▇▇▇▇▇▇ Global Utilities Fund
30. ▇▇▇▇ ▇▇▇▇▇▇ Special Value Fund
31. ▇▇▇▇ ▇▇▇▇▇▇ Financial Services Trust
32. ▇▇▇▇ ▇▇▇▇▇▇ Market Leader Trust
33. ▇▇▇▇ ▇▇▇▇▇▇ Managers' Select Fund
34. ▇▇▇▇ ▇▇▇▇▇▇ Fund of Funds
35. ▇▇▇▇ ▇▇▇▇▇▇ S&P 500 Index Fund
BALANCED FUNDS
36. ▇▇▇▇ ▇▇▇▇▇▇ Balanced Growth Fund
37. ▇▇▇▇ ▇▇▇▇▇▇ Balanced Income Trust
ASSET ALLOCATION FUNDS
38. ▇▇▇▇ ▇▇▇▇▇▇ Strategist Fund
39. ▇▇▇▇ ▇▇▇▇▇▇ Global Asset Allocation Fund
FIXED INCOME FUNDS
40. ▇▇▇▇ ▇▇▇▇▇▇ High Yield Securities Inc.
41. ▇▇▇▇ ▇▇▇▇▇▇ High Income Securities
42. ▇▇▇▇ ▇▇▇▇▇▇ Convertible Securities Trust
43. ▇▇▇▇ ▇▇▇▇▇▇ Intermediate Income Securities
44. ▇▇▇▇ ▇▇▇▇▇▇ Short-Term Bond Fund
45. ▇▇▇▇ ▇▇▇▇▇▇ World Wide Income Trust
46. ▇▇▇▇ ▇▇▇▇▇▇ Global Short-Term Income Fund Inc.
47. ▇▇▇▇ ▇▇▇▇▇▇ Diversified Income Trust
48. ▇▇▇▇ ▇▇▇▇▇▇ U.S. Government Securities Trust
49. ▇▇▇▇ ▇▇▇▇▇▇ Federal Securities Trust
50. ▇▇▇▇ ▇▇▇▇▇▇ Short-Term U.S. Treasury Trust
51. ▇▇▇▇ ▇▇▇▇▇▇ Intermediate Term U.S. Treasury Trust
52. ▇▇▇▇ ▇▇▇▇▇▇ Tax-Exempt Securities Trust
53. ▇▇▇▇ ▇▇▇▇▇▇ National Municipal Trust
55. ▇▇▇▇ ▇▇▇▇▇▇ Limited Term Municipal Trust
55. ▇▇▇▇ ▇▇▇▇▇▇ California Tax-Free Income Fund
56. ▇▇▇▇ ▇▇▇▇▇▇ New York Tax-Free Income Fund
57. ▇▇▇▇ ▇▇▇▇▇▇ Hawaii Municipal Trust
58. ▇▇▇▇ ▇▇▇▇▇▇ Multi-State Municipal Series Trust
59. ▇▇▇▇ ▇▇▇▇▇▇ Select Municipal Reinvestment Fund
SPECIAL PURPOSE FUNDS
60. ▇▇▇▇ ▇▇▇▇▇▇ Retirement Series
61. ▇▇▇▇ ▇▇▇▇▇▇ Variable Investment Series
62. ▇▇▇▇ ▇▇▇▇▇▇ Select Dimensions Investment Series
