Exhibit 99.h(iv)
EXPENSE LIMITATION AGREEMENT
THIS EXPENSE LIMITATION AGREEMENT is made as of the 28th day of March,
2001 by and between DEUTSCHE INVESTORS FUNDS, INC., a Maryland corporation (the
" Fund") on behalf of GROWTH OPPORTUNITY FUND and INVESTMENT COMPANY CAPITAL
CORP., a Maryland corporation ("ICCC" or the "Advisor"), with respect to the
following:
WHEREAS, the Advisor serves as the Fund's investment advisor pursuant
to an Investment Advisory Agreement dated March 28, 2001; and
WHEREAS, the Advisor has voluntarily agreed to waive its fees and
reimburse expenses so that the Fund's total annual operating expenses do not
exceed 1.30% of the Class A Shares' average daily net assets, 2.05% of the Class
B Shares' average daily net assets and 2.05% of the Class C Shares' average
daily net assets; and
WHEREAS, the Fund and the Advisor desire to formalize this voluntary
fee waiver and expense reimbursement arrangement for the period beginning on
March 30, 2001 and ending on December 31, 2001.
NOW THERETOFORE, in consideration of the mutual covenants herein
contained and other good and valuable consideration, the receipt whereof is
hereby acknowledged, the parties hereto agree as follows:
1. The Advisor agrees to waive its fees and reimburse expenses for the
period from March 30, 2001 and ending on December 31, 2001 to the
extent necessary so that the Fund's total annual operating expenses
do not exceed 1.30% of the Class A Shares' average daily net
assets, 2.05% of the Class B Shares' average daily net assets and
2.05% of the Class C Shares' average daily net assets.
2. Upon the termination of the Investment Advisory Agreement, this
Agreement shall automatically terminate.
3. Any question of interpretation of any term or provision of this
Agreement having a counterpart in or otherwise derived from a term
or provision of the Investment Company Act of 1940 as amended (the
"1940 Act") shall be resolved by reference to such term or
provision of the 1940 Act and to interpretations thereof, if any,
by the United States Courts or in the absence of any controlling
decision of any such court, by rules, regulations or orders of the
SEC issued pursuant to said Act. In addition, where the effect of a
requirement of the 1940 Act reflected in any provision of this
Agreement is revised by rule, regulation or order of the SEC, such
provision shall be deemed to incorporate the effect of such rule,
regulation or order. Otherwise the provisions of this Agreement
shall be interpreted in accordance with the laws of Maryland.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed in duplicate by their respective officers as of the day and year first
above written.
[SEAL]
DEUTSCHE INVESTORS FUNDS, INC.
Attest: /s/ Xxxxxxx Xxxxxxxx /s/ Xxx X. Xxxxxx
------------------------- -------------------------
Name: Xxxxxxx Xxxxxxxx By: Xxx X. Xxxxxx
Title: Secretary
INVESTMENT COMPANY
CAPITAL CORP.
Attest:/s/ Xxxxxxx Xxxxxxxx /s/ Xxxxxxx X. Xxxx
------------------------- -------------------------
Name: Xxxxxxx Xxxxxxxx By: Xxxxxxx X. Xxxx
Title: President
