MASTER FEE CAP/FEE WAIVER AGREEMENT
AMENDED AND RESTATED
This Agreement, dated Oct.1, 2005, as amended January 11, 2007, is between
RiverSource Investments, LLC. (RiverSource Investments), in its capacity as
investment manager, Ameriprise Financial, Inc. (Ameriprise Financial), in its
capacity as administrator, RiverSource Service Corporation, in its capacity as
transfer agent, and Ameriprise Financial Services, Inc. (Ameriprise Financial
Services), in its capacity as distributor (RiverSource Investments, Ameriprise
Financial, RiverSource Service Corporation and Ameriprise Financial Services)
are collectively referred to as the "Service Providers"), and each of the
RiverSource(SM) Funds on behalf of its underlying series funds, listed in
Schedule A (the term "Fund" is used to refer to either the registrant or the
underlying fund as the context requires). Under this Agreement, the Service
Providers agree to cap expenses (fee caps), before giving effect to any
performance incentive adjustment and the Fund agrees to such fee caps, as
described below and in Schedule B:
1. APPLICABLE AGREEMENTS. To the extent that the Fund's total expenses
exceed the fee cap expense ratios set out in Schedule B, the Service
Providers agree to waive fees and reimburse certain expenses under
one or more of the following agreements, as applicable:
o Investment Management Services Agreement between the Fund and
RiverSource Investments.
o Administrative Services Agreement between the Fund and
Ameriprise Financial.
o Transfer Agency Agreement between the Fund and RiverSource
Service Corporation.
o Plan and Agreement of Distribution between the Fund and
Ameriprise Financial Services.
The above-mentioned agreements may be amended from time to time.
2. FEE CAPS/FEE WAIVERS. The Service Providers will determine the
allocation of fee waivers and expense reimbursements among the
applicable agreements.
3. TERMINATION. With respect to any Fund, this Agreement will terminate
on the date listed in Schedule B unless modified by written agreement
of the Fund and the Service Providers or terminated earlier at the
sole discretion of the Fund's Board of Directors.
Master Agreement - Fee Waivers 2
SCHEDULE A
----------
LIST OF FUNDS:
--------------
RIVERSOURCE BOND SERIES, INC.
RiverSource Core Bond Fund
RiverSource Floating Rate Fund
RiverSource Income Opportunities Fund
RiverSource Inflation Protected Securities Fund
RiverSource Limited Duration Bond Fund
RIVERSOURCE CALIFORNIA TAX-EXEMPT TRUST
RiverSource California Tax-Exempt Fund
RIVERSOURCE DIMENSIONS SERIES, INC.
RiverSource Disciplined Small and Mid Cap Equity Fund
RiverSource Disciplined Small Cap Value Fund
RIVERSOURCE DIVERSIFIED INCOME SERIES, INC.
RiverSource Diversified Bond Fund
RIVERSOURCE EQUITY SERIES, INC.
RiverSource Mid Cap Growth Fund
RIVERSOURCE GLOBAL SERIES, INC.
RiverSource Absolute Return Currency and Income Fund
RiverSource Emerging Markets Fund
RiverSource Emerging Markets Bond Fund
RiverSource Global Bond Fund
RiverSource Global Equity Fund
RiverSource Global Technology Fund
RIVERSOURCE GOVERNMENT INCOME SERIES, INC.
RiverSource Short Duration U.S. Government Fund
RiverSource U.S. Government Mortgage Fund
RIVERSOURCE HIGH YIELD INCOME SERIES, INC.
RiverSource High Yield Bond Fund
RIVERSOURCE INCOME SERIES, INC.
RiverSource Income Builder - Basic Income Fund
RiverSource Income Builder - Moderate Income Fund
RiverSource Income Builder - Enhanced Income Fund
RIVERSOURCE INTERNATIONAL SERIES, INC.
RiverSource Disciplined International Equity Fund
RiverSource European Equity Fund
RiverSource International Opportunity Fund
RIVERSOURCE INTERNATIONAL MANAGERS SERIES, INC.
RiverSource International Aggressive Growth Fund
RiverSource International Equity Fund
RiverSource International Select Value Fund
RiverSource International Small Cap Fund
RIVERSOURCE INVESTMENT SERIES, INC.
RiverSource Balanced Fund
Master Agreement - Fee Waivers 3
RiverSource Diversified Equity Income Fund
RiverSource Mid Cap Value Fund
RIVERSOURCE LARGE CAP SERIES, INC.
RiverSource Disciplined Equity Fund
RiverSource Growth Fund
RiverSource Large Cap Equity Fund
RiverSource Large Cap Value Fund
RIVERSOURCE MANAGERS SERIES, INC.
RiverSource Aggressive Growth Fund
RiverSource Fundamental Growth Fund
RiverSource Fundamental Value Fund
RiverSource Select Value Fund
RiverSource Small Cap Equity Fund
RiverSource Small Cap Value Fund
RiverSource Value Fund
RIVERSOURCE MARKET ADVANTAGE SERIES, INC.
RiverSource Portfolio Builder - Conservative Fund
RiverSource Portfolio Builder - Moderate Conservative Fund
RiverSource Portfolio Builder - Moderate Fund
RiverSource Portfolio Builder - Moderate Aggressive Fund
RiverSource Portfolio Builder - Aggressive Fund
RiverSource Portfolio Builder - Total Equity Fund
RiverSource S&P 500 Index Fund
RiverSource Small Company Index Fund
RIVERSOURCE MONEY MARKET SERIES, INC.
RiverSource Cash Management Fund
RIVERSOURCE RETIREMENT SERIES TRUST
RiverSource Retirement Plus 2010 Fund
RiverSource Retirement Plus 2015 Fund
RiverSource Retirement Plus 2020 Fund
RiverSource Retirement Plus 2025 Fund
RiverSource Retirement Plus 2030 Fund
RiverSource Retirement Plus 2035 Fund
RiverSource Retirement Plus 2040 Fund
RiverSource Retirement Plus 2045 Fund
RIVERSOURCE SECTOR SERIES, INC.
RiverSource Dividend Opportunity Fund
RiverSource Real Estate Fund
RIVERSOURCE SELECTED SERIES, INC.
RiverSource Precious Metals and Mining Fund
RIVERSOURCE SPECIAL TAX-EXEMPT SERIES TRUST
RiverSource Massachusetts Tax-Exempt Fund
RiverSource Michigan Tax-Exempt Fund
RiverSource Minnesota Tax-Exempt Fund
RiverSource New York Tax-Exempt Fund
RiverSource Ohio Tax-Exempt Fund
Master Agreement - Fee Waivers 4
RIVERSOURCE STRATEGY SERIES, INC.
RiverSource Equity Value Fund
RiverSource Small Cap Advantage Fund
RiverSource Small Cap Growth Fund
RIVERSOURCE STRATEGIC ALLOCATION SERIES, INC.
RiverSource Strategic Allocation Fund
RIVERSOURCE TAX-EXEMPT INCOME SERIES, INC.
RiverSource Tax-Exempt High Income Fund
RIVERSOURCE TAX-EXEMPT MONEY SERIES, INC.
RiverSource Tax-Exempt Money Market Fund
RIVERSOURCE TAX-EXEMPT SERIES, INC.
RiverSource Intermediate Tax-Exempt Fund
RiverSource Tax-Exempt Bond Fund
RIVERSOURCE VARIABLE PORTFOLIO INCOME SERIES, INC.
RiverSource VP Core Bond Fund
RiverSource VP Global Inflation Protected Securities Fund
RiverSource VP Income Opportunities Fund
RIVERSOURCE VARIABLE PORTFOLIO INVESTMENT SERIES, INC.
RiverSource VP Large Cap Value Fund
RiverSource VP Mid Cap Growth Fund
RiverSource VP Mid Cap Value Fund
RiverSource VP S&P 500 Index Fund
RIVERSOURCE VARIABLE PORTFOLIO MANAGERS SERIES, INC.
RiverSource VP Fundamental Value Fund
RiverSource VP Select Value Fund
RiverSource VP Small Cap Value Fund
RIVERSOURCE VARIABLE PORTFOLIO SELECT SERIES, INC.
RiverSource VP Core Equity Fund
Master Agreement - Fee Waivers 5
SCHEDULE B
-----------------------------------------------------------------------------------------------------------------------
FYE/FUND A X X X X X X0 X0 X0(x) X0 X(x) X
-----------------------------------------------------------------------------------------------------------------------
JANUARY 31
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.51% 1.27% 1.27% X/X X/X X/X X/X X/X 0.34% N/A N/A N/A
Portfolio Builder
Aggressive Fund
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.51% 1.27% 1.27% X/X X/X X/X X/X X/X 0.34% N/A N/A N/A
Portfolio Builder
Conservative Fund
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.51% 1.27% 1.27% X/X X/X X/X X/X X/X 0.34% N/A N/A N/A
Portfolio Builder
Moderate
Aggressive Fund
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.51% 1.27% 1.27% X/X X/X X/X X/X X/X 0.32% N/A N/A N/A
Portfolio Builder
Moderate
Conservative Fund
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.51% 1.27% 1.27% X/X X/X X/X X/X X/X 0.31% N/A N/A N/A
Portfolio Builder
Moderate Fund
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.51% 1.27% 1.27% X/X X/X X/X X/X X/X 0.34% N/A N/A N/A
Portfolio Builder
Total Equity Fund
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.51% 1.29% 1.29% X/X X/X X/X X/X X/X 0.34% N/A N/A N/A
Portfolio Builder
Funds
-----------------------------------------------------------------------------------------------------------------------
RiverSource S&P N/A N/A N/A 0.59% 0.38% X/X X/X X/X X/X X/X X/X X/X
500 Index
-----------------------------------------------------------------------------------------------------------------------
RiverSource S&P N/A N/A N/A 0.59% 0.34% X/X X/X X/X X/X X/X X/X X/X
500 Index
-----------------------------------------------------------------------------------------------------------------------
RiverSource Small 0.81% 1.58% X/X X/X X/X X/X X/X X/X 0.68% N/A N/A N/A
Company Index
-----------------------------------------------------------------------------------------------------------------------
RiverSource Small 0.81% 1.58% X/X X/X X/X X/X X/X X/X X/X X/X 0.64% N/A
Company Index
-----------------------------------------------------------------------------------------------------------------------
MARCH 31
-----------------------------------------------------------------------------------------------------------------------
RiverSource X/X X/X X/X X/X X/X X/X X/X X/X 0.88% N/A N/A N/A
Equity Value
-----------------------------------------------------------------------------------------------------------------------
RiverSource X/X X/X X/X X/X X/X X/X X/X X/X 1.32% N/A N/A N/A
Precious Metals
and Mining
-----------------------------------------------------------------------------------------------------------------------
RiverSource Small 1.29% 2.06% 2.06% N/A N/A 0.94% 1.67% 1.42% 1.12% 0.92% N/A N/A
Cap Advantage
-----------------------------------------------------------------------------------------------------------------------
RiverSource Small 1.61% 2.38% 2.38% N/A N/A 1.26% 1.96% 1.71% 1.44% 1.21% N/A N/A
Cap Growth
-----------------------------------------------------------------------------------------------------------------------
APRIL 30
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.49% X/X X/X X/X X/X X/X 0.88% 0.63% 0.38% 0.13% 0.22% N/A
Retirement Plus
2010 Fund
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.49% X/X X/X X/X X/X X/X 0.88% 0.63% 0.38% 0.13% 0.22% N/A
-----------------------------------------------------------------------------------------------------------------------
-------------------------------------------------
EFFECTIVE TERMINATION
FYE/FUND DATE(c) DATE
-------------------------------------------------
JANUARY 31
-------------------------------------------------
RiverSource 01/31/08
Portfolio Builder
Aggressive Fund
-------------------------------------------------
RiverSource 01/31/08
Portfolio Builder
Conservative Fund
-------------------------------------------------
RiverSource 01/31/08
Portfolio Builder
Moderate
Aggressive Fund
-------------------------------------------------
RiverSource 01/31/08
Portfolio Builder
Moderate
Conservative Fund
-------------------------------------------------
RiverSource 01/31/08
Portfolio Builder
Moderate Fund
-------------------------------------------------
RiverSource 01/31/08
Portfolio Builder
Total Equity Fund
-------------------------------------------------
RiverSource 02/01/06 01/31/07
Portfolio Builder
Funds
-------------------------------------------------
RiverSource S&P 01/31/08
500 Index
-------------------------------------------------
RiverSource S&P 10/01/05 01/31/07
500 Index
-------------------------------------------------
RiverSource Small 01/31/08
Company Index
-------------------------------------------------
RiverSource Small 02/01/06 01/31/07
Company Index
-------------------------------------------------
MARCH 31
-------------------------------------------------
RiverSource 03/31/07
Equity Value
-------------------------------------------------
RiverSource 03/31/07
Precious Metals
and Mining
-------------------------------------------------
RiverSource Small 03/31/07
Cap Advantage
-------------------------------------------------
RiverSource Small 03/31/07
Cap Growth
-------------------------------------------------
APRIL 30
-------------------------------------------------
RiverSource 05/11/06 04/30/07
Retirement Plus
2010 Fund
-------------------------------------------------
RiverSource 05/11/06 04/30/07
-------------------------------------------------
Master Agreement - Fee Waivers 6
-----------------------------------------------------------------------------------------------------------------------
FYE/FUND X X X X X X X0 X0 X0(x) X0 X(x) X
-----------------------------------------------------------------------------------------------------------------------
Retirement Plus
2015 Fund
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.49% X/X X/X X/X X/X X/X 0.88% 0.63% 0.38% 0.13% 0.22% N/A
Retirement Plus
2020 Fund
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.49% X/X X/X X/X X/X X/X 0.88% 0.63% 0.38% 0.13% 0.22% N/A
Retirement Plus
2025 Fund
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.49% X/X X/X X/X X/X X/X 0.88% 0.63% 0.38% 0.13% 0.22% N/A
Retirement Plus
2030 Fund
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.49% X/X X/X X/X X/X X/X 0.88% 0.63% 0.38% 0.13% 0.22% N/A
Retirement Plus
2035 Fund
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.49% X/X X/X X/X X/X X/X 0.88% 0.63% 0.38% 0.13% 0.22% N/A
Retirement Plus
2040 Fund
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.49% X/X X/X X/X X/X X/X 0.88% 0.63% 0.38% 0.13% 0.22% N/A
Retirement Plus
2045 Fund(d)
-----------------------------------------------------------------------------------------------------------------------
MAY 31
-----------------------------------------------------------------------------------------------------------------------
RiverSource 1.36% 2.13% 2.12% N/A N/A 1.01% 1.71% 1.46% 1.19% 0.96% N/A N/A
Aggressive Growth
-----------------------------------------------------------------------------------------------------------------------
RiverSource 1.55% 2.32% 2.32% N/A N/A 1.20% N/A N/A 1.32% N/A N/A N/A
Fundamental
Growth
-----------------------------------------------------------------------------------------------------------------------
RiverSource High X/X X/X X/X X/X X/X X/X X/X X/X 0.95% N/A N/A N/A
Yield Bond
-----------------------------------------------------------------------------------------------------------------------
RiverSource 1.18% 1.95% 1.95% N/A N/A 0.83% N/A N/A 1.01% N/A N/A N/A
Fundamental Value
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.45% 1.21% 1.21% X/X X/X X/X X/X X/X 0.29% N/A N/A N/A
Income Builder
Funds
-----------------------------------------------------------------------------------------------------------------------
RiverSource 1.27% 2.04% 2.04% N/A N/A 0.92% N/A N/A 1.10% N/A N/A N/A
Select Value
-----------------------------------------------------------------------------------------------------------------------
RiverSource Small 1.40% 2.17% 2.17% N/A N/A 1.05% N/A N/A 1.23% N/A N/A N/A
Cap Equity
-----------------------------------------------------------------------------------------------------------------------
RiverSource Small 1.41% 2.18% 2.18% N/A N/A 1.06% 1.77% 1.52% 1.24% 1.02% N/A N/A
Cap Value
-----------------------------------------------------------------------------------------------------------------------
RiverSource Short 0.89% 1.64% 1.64% N/A N/A 0.54% N/A N/A 0.72% N/A N/A 0.95%
Duration U.S.
Government
-----------------------------------------------------------------------------------------------------------------------
RiverSource U.S. 0.89% 1.64% 1.64% N/A N/A 0.54% N/A N/A 0.71% N/A N/A N/A
Government
Mortgage
-----------------------------------------------------------------------------------------------------------------------
RiverSource Value 1.23% 2.00% 2.00% N/A N/A 0.88% N/A N/A 1.06% N/A N/A N/A
-----------------------------------------------------------------------------------------------------------------------
JUNE 30
-----------------------------------------------------------------------------------------------------------------------
RiverSource X/X X/X X/X X/X X/X X/X X/X X/X 0.96% N/A N/A N/A
Dividend
Opportunity
-----------------------------------------------------------------------------------------------------------------------
RiverSource Real 1.49% 2.27% 2.27% N/A N/A 1.14% N/A N/A 1.31% N/A N/A 1.52%
Estate
-----------------------------------------------------------------------------------------------------------------------
--------------------------------------------
EFFECTIVE TERMINATION
FYE/FUND DATE(c) DATE
--------------------------------------------
Retirement Plus 05/11/06 04/30/07
2015 Fund
--------------------------------------------
RiverSource 05/11/06 04/30/07
Retirement Plus
2020 Fund
--------------------------------------------
RiverSource 05/11/06 04/30/07
Retirement Plus
2025 Fund
--------------------------------------------
RiverSource 05/11/06 04/30/07
Retirement Plus
2030 Fund
--------------------------------------------
RiverSource 05/11/06 04/30/07
Retirement Plus
2035 Fund
--------------------------------------------
RiverSource 05/11/06 04/30/07
Retirement Plus
2040 Fund
--------------------------------------------
RiverSource 04/17/06 04/30/07
Retirement Plus
2045 Fund(d)
--------------------------------------------
MAY 31
--------------------------------------------
RiverSource 05/31/07
Aggressive Growth
--------------------------------------------
RiverSource 05/31/07
Fundamental
Growth
--------------------------------------------
RiverSource High 05/31/07
Yield Bond
--------------------------------------------
RiverSource 05/31/07
Fundamental Value
--------------------------------------------
RiverSource 05/31/07
Income Builder
Funds
--------------------------------------------
RiverSource 05/31/07
Select Value
--------------------------------------------
RiverSource Small 05/31/07
Cap Equity
--------------------------------------------
RiverSource Small 05/31/07
Cap Value
--------------------------------------------
RiverSource Short 05/31/07
Duration U.S.
Government
--------------------------------------------
RiverSource U.S. 05/31/07
Government
Mortgage
--------------------------------------------
RiverSource Value 05/31/07
--------------------------------------------
JUNE 30
--------------------------------------------
RiverSource 06/30/07
Dividend
Opportunity
--------------------------------------------
RiverSource Real 06/30/07
Estate
--------------------------------------------
Master Agreement - Fee Waivers 7
-----------------------------------------------------------------------------------------------------------------------
FYE/FUND X X X X X X X0 X0 X0(x) X0 X(x) X
-----------------------------------------------------------------------------------------------------------------------
JULY 31
-----------------------------------------------------------------------------------------------------------------------
RiverSource Cash 0.73% 1.38% 1.39% N/A N/A 0.53% N/A N/A 0.51% N/A 0.60% 0.76%
Management
-----------------------------------------------------------------------------------------------------------------------
RiverSource Core 0.89% 1.65% 1.66% N/A N/A 0.54% 1.30% 1.05% 0.73% 0.55% N/A 0.95%
Bond
-----------------------------------------------------------------------------------------------------------------------
RiverSource 1.00% 1.78% 1.77% N/A N/A 0.64% 1.46% 1.21% 0.84% 0.71% N/A 1.11%
Disciplined Equity
-----------------------------------------------------------------------------------------------------------------------
RiverSource 1.48% 2.25% 2.25% N/A N/A 1.13% 1.85% 1.60% 1.31% 1.10% N/A N/A
Disciplined
Small Cap Value
-----------------------------------------------------------------------------------------------------------------------
RiverSource 1.36% 2.13% 2.13% N/A N/A 1.01% N/A N/A 1.19% N/A N/A 1.36%
Disciplined
Small and Mid Cap
Equity
-----------------------------------------------------------------------------------------------------------------------
RiverSource 1.06% 1.82% 1.82% N/A N/A 0.71% N/A N/A 0.90% N/A N/A 1.21%
Floating Rate
-----------------------------------------------------------------------------------------------------------------------
RiverSource Growth X/X X/X X/X X/X X/X X/X X/X X/X 0.97% N/A N/A N/A
-----------------------------------------------------------------------------------------------------------------------
RiverSource 1.14% 1.90% 1.90% N/A N/A 0.79% N/A N/A 0.98% N/A N/A N/A
Income
Opportunities
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.84% 1.62% 1.62% N/A N/A 0.49% N/A N/A 0.69% N/A N/A 0.93%
Inflation
Protected
Securities
-----------------------------------------------------------------------------------------------------------------------
RiverSource Large X/X X/X X/X X/X X/X X/X X/X X/X 0.90% N/A N/A N/A
Cap Equity
-----------------------------------------------------------------------------------------------------------------------
RiverSource Large 1.29% 2.05% 2.06% N/A N/A 0.94% 1.69% 1.44% 1.12% 0.94% N/A N/A
Cap Value
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.89% 1.65% 1.66% N/A N/A 0.54% N/A N/A 0.73% N/A N/A 0.97%
Limited Duration
Bond
-----------------------------------------------------------------------------------------------------------------------
AUGUST 31
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.79% 1.55% 1.55% X/X X/X X/X X/X X/X X/X X/X 0.64% N/A
California TE
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.89% 1.65% 1.66% N/A N/A 0.54% 1.32% 1.07% 0.73% 0.57% N/A 0.97%
Diversified Bond
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.79% 1.55% 1.55% X/X X/X X/X X/X X/X X/X X/X 0.64% N/A
Massachusetts TE
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.79% 1.55% 1.55% X/X X/X X/X X/X X/X X/X X/X 0.64% N/A
Michigan TE
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.79% 1.55% 1.55% X/X X/X X/X X/X X/X X/X X/X 0.64% N/A
Minnesota TE
-----------------------------------------------------------------------------------------------------------------------
RiverSource New 0.79% 1.55% 1.55% X/X X/X X/X X/X X/X X/X X/X 0.64% N/A
York TE
-----------------------------------------------------------------------------------------------------------------------
RiverSource Ohio 0.79% 1.55% 1.55% X/X X/X X/X X/X X/X X/X X/X 0.64% N/A
TE
-----------------------------------------------------------------------------------------------------------------------
SEPTEMBER 30
-----------------------------------------------------------------------------------------------------------------------
RiverSource X/X X/X X/X X/X X/X X/X X/X X/X 0.90% N/A N/A N/A
Balanced
-----------------------------------------------------------------------------------------------------------------------
RiverSource X/X X/X X/X X/X X/X X/X X/X X/X 0.89% N/A N/A N/A
Diversified
Equity Income
-----------------------------------------------------------------------------------------------------------------------
RiverSource Mid 1.28% 2.05% 2.05% N/A N/A 0.93% 1.69% 1.44% 1.11% 0.94% N/A 1.34%
-----------------------------------------------------------------------------------------------------------------------
--------------------------------------------
EFFECTIVE TERMINATION
FYE/FUND DATE(c) DATE
--------------------------------------------
JULY 31
--------------------------------------------
RiverSource Cash 07/31/07
Management
--------------------------------------------
RiverSource Core 07/31/07
Bond
--------------------------------------------
RiverSource 07/31/07
Disciplined Equity
--------------------------------------------
RiverSource 07/31/07
Disciplined
Small Cap Value
--------------------------------------------
RiverSource 07/31/07
Disciplined
Small and Mid Cap
Equity
--------------------------------------------
RiverSource 07/31/07
Floating Rate
--------------------------------------------
RiverSource Growth 07/31/07
--------------------------------------------
RiverSource 07/31/07
Income
Opportunities
--------------------------------------------
RiverSource 07/31/07
Inflation
Protected
Securities
--------------------------------------------
RiverSource Large 07/31/07
Cap Equity
--------------------------------------------
RiverSource Large 07/31/07
Cap Value
--------------------------------------------
RiverSource 07/31/07
Limited Duration
Bond
--------------------------------------------
AUGUST 31
--------------------------------------------
RiverSource 08/31/07
California TE
--------------------------------------------
RiverSource 08/31/07
Diversified Bond
--------------------------------------------
RiverSource 08/31/07
Massachusetts TE
--------------------------------------------
RiverSource 08/31/07
Michigan TE
--------------------------------------------
RiverSource 08/31/07
Minnesota TE
--------------------------------------------
RiverSource New 08/31/07
York TE
--------------------------------------------
RiverSource Ohio 08/31/07
TE
--------------------------------------------
SEPTEMBER 30
--------------------------------------------
RiverSource 09/30/07
Balanced
--------------------------------------------
RiverSource 09/30/07
Diversified
Equity Income
--------------------------------------------
RiverSource Mid 09/30/07
--------------------------------------------
Master Agreement - Fee Waivers 8
-----------------------------------------------------------------------------------------------------------------------
FYE/FUND A B C D E I R2 R3 R4(a) R5 Y(b) W
-----------------------------------------------------------------------------------------------------------------------
Cap Value
-----------------------------------------------------------------------------------------------------------------------
RiverSource X/X X/X X/X X/X X/X X/X X/X 0.96% N/A N/A N/A N/A
Strategic
Allocation
-----------------------------------------------------------------------------------------------------------------------
OCTOBER 31
-----------------------------------------------------------------------------------------------------------------------
RiverSource 1.47% 2.23% 2.23% N/A N/A 1.12% N/A N/A 1.31% N/A N/A 1.57%
Absolute Return
Currency and
Income(d)
-----------------------------------------------------------------------------------------------------------------------
RiverSource 1.50% 2.27% 2.27% 1.15% X/X X/X X/X X/X 1.33% N/A N/A 1.50%
Disciplined
International
Equity
-----------------------------------------------------------------------------------------------------------------------
RiverSource X/X X/X X/X X/X X/X X/X X/X 1.64% N/A N/A N/A N/A
Emerging Markets
-----------------------------------------------------------------------------------------------------------------------
RiverSource 1.45% 2.21% 2.21% N/A N/A 1.10% N/A N/A 1.29% N/A N/A 1.45%
Emerging Markets
Bond
-----------------------------------------------------------------------------------------------------------------------
RiverSource 1.56% 2.33% 2.33% N/A N/A 1.21% N/A N/A 1.39% N/A N/A N/A
European Equity
-----------------------------------------------------------------------------------------------------------------------
RiverSource 1.25% 2.02% 2.02% N/A N/A 0.90% N/A N/A 1.08% N/A N/A 1.26%
Global Bond
-----------------------------------------------------------------------------------------------------------------------
RiverSource N/A X/X X/X X/X X/X X/X X/X X/X 1.27% N/A N/A N/A
Global Equity
-----------------------------------------------------------------------------------------------------------------------
RiverSource X/X X/X X/X X/X X/X X/X X/X X/X 1.41% N/A N/A N/A
Global Technology
-----------------------------------------------------------------------------------------------------------------------
RiverSource 1.72% 2.49% 2.49% N/A N/A 1.37% N/A N/A 1.52% N/A N/A N/A
International
Aggressive Growth
-----------------------------------------------------------------------------------------------------------------------
RiverSource 1.60% 2.37% 2.37% N/A N/A 1.25% N/A 1.43% N/A N/A N/A N/A
International
Equity
-----------------------------------------------------------------------------------------------------------------------
RiverSource 1.50% 2.27% 2.27% N/A N/A 1.15% 1.87% 1.62% 1.30% 1.12% N/A N/A
International
Opportunity
-----------------------------------------------------------------------------------------------------------------------
RiverSource 1.42% 2.19% 2.19% N/A N/A 1.07% N/A N/A 1.25% N/A N/A N/A
International
Select Value
-----------------------------------------------------------------------------------------------------------------------
RiverSource 1.84% 2.61% 2.61% N/A N/A 1.49% N/A N/A 1.67% N/A N/A N/A
International
Small Cap
-----------------------------------------------------------------------------------------------------------------------
NOVEMBER 30
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.79% 1.55% 1.55% X/X X/X X/X X/X X/X X/X X/X 0.64% N/A
Intermediate TE
-----------------------------------------------------------------------------------------------------------------------
RiverSource Mid X/X X/X X/X X/X X/X X/X X/X X/X 1.07% N/A N/A N/A
Cap Growth
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.79% 1.55% 1.55% X/X X/X X/X X/X X/X X/X X/X 0.64% N/A
Tax-Exempt Bond
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.79% 1.55% 1.55% X/X X/X X/X X/X X/X X/X X/X 0.64% N/A
Tax-Exempt High
Income
-----------------------------------------------------------------------------------------------------------------------
DECEMBER 31
-----------------------------------------------------------------------------------------------------------------------
RiverSource 0.63% X/X X/X X/X X/X X/X X/X N/A N/A N/A N/A N/A
Tax-Exempt
-----------------------------------------------------------------------------------------------------------------------
----------------------------------------------
EFFECTIVE TERMINATION
FYE/FUND DATE(c) DATE
----------------------------------------------
Cap Value
----------------------------------------------
RiverSource 09/30/07
Strategic
Allocation
----------------------------------------------
OCTOBER 31
----------------------------------------------
RiverSource 10/31/07
Absolute Return
Currency and
Income(d)
----------------------------------------------
RiverSource 10/31/07
Disciplined
International
Equity
----------------------------------------------
RiverSource 10/31/07
Emerging Markets
----------------------------------------------
RiverSource 10/31/07
Emerging Markets
Bond
----------------------------------------------
RiverSource 10/31/07
European Equity
----------------------------------------------
RiverSource 10/31/07
Global Bond
----------------------------------------------
RiverSource 10/31/07
Global Equity
----------------------------------------------
RiverSource 10/31/07
Global Technology
----------------------------------------------
RiverSource 10/31/07
International
Aggressive Growth
----------------------------------------------
RiverSource 10/31/07
International
Equity
----------------------------------------------
RiverSource 10/31/07
International
Opportunity
----------------------------------------------
RiverSource 10/31/07
International
Select Value
----------------------------------------------
RiverSource 10/31/07
International
Small Cap
----------------------------------------------
NOVEMBER 30
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RiverSource 10/01/05 11/30/07
Intermediate TE
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RiverSource Mid 11/30/07
Cap Growth
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RiverSource 10/01/05 11/30/07
Tax-Exempt Bond
----------------------------------------------
RiverSource 11/30/07
Tax-Exempt High
Income
----------------------------------------------
DECEMBER 31
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RiverSource 12/31/07
Tax-Exempt
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Master Agreement - Fee Waivers 9
-----------------------------------------------------------------------------------------------------------------------
FYE/FUND X X X X X X X0 X0 X0(x) X0 X(x) X
-----------------------------------------------------------------------------------------------------------------------
Money Market
-----------------------------------------------------------------------------------------------------------------------
RIVERSOURCE VP
FUNDS
-----------------------------------------------------------------------------------------------------------------------
RiverSource VP 0.83% N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Core Bond
-----------------------------------------------------------------------------------------------------------------------
RiverSource VP 1.07% N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Fundamental Value
-----------------------------------------------------------------------------------------------------------------------
RiverSource VP 0.72% N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Global Inflation
Protected
Securities
-----------------------------------------------------------------------------------------------------------------------
RiverSource VP 0.99% N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Income
Opportunities
-----------------------------------------------------------------------------------------------------------------------
RiverSource VP 1.05% N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Large Cap Value
-----------------------------------------------------------------------------------------------------------------------
RiverSource VP 1.00% N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Mid Cap Growth
-----------------------------------------------------------------------------------------------------------------------
RiverSource VP 1.08% N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Mid Cap Value
-----------------------------------------------------------------------------------------------------------------------
RiverSource VP 0.495% N/A N/A N/A X/X X/X X/X X/X X/X X/X X/X X/X
S&P 500 Index
-----------------------------------------------------------------------------------------------------------------------
RiverSource VP 1.00% N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Select Value
-----------------------------------------------------------------------------------------------------------------------
RiverSource VP 1.20% N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Small Cap Value
-----------------------------------------------------------------------------------------------------------------------
RiverSource VP 0.40% N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Core Equity(e)
-----------------------------------------------------------------------------------------------------------------------
------------------------------------------------
EFFECTIVE TERMINATION
FYE/FUND DATE(c) DATE
------------------------------------------------
Money Market
------------------------------------------------
RIVERSOURCE VP
FUNDS
------------------------------------------------
RiverSource VP 12/31/07
Core Bond
------------------------------------------------
RiverSource VP 12/31/07
Fundamental Value
------------------------------------------------
RiverSource VP 12/31/07
Global Inflation
Protected
Securities
------------------------------------------------
RiverSource VP 12/31/07
Income
Opportunities
------------------------------------------------
RiverSource VP 12/31/07
Large Cap Value
------------------------------------------------
RiverSource VP 12/31/07
Mid Cap Growth
------------------------------------------------
RiverSource VP 12/31/07
Mid Cap Value
------------------------------------------------
RiverSource VP 12/31/07
S&P 500 Index
------------------------------------------------
RiverSource VP 12/31/07
Select Value
------------------------------------------------
RiverSource VP 12/31/07
Small Cap Value
------------------------------------------------
RiverSource VP N/A(e) N/A(e)
Core Equity(e)
------------------------------------------------
(a) WITH THE EXCEPTION OF THE RETIREMENT PLUS SERIES OF FUNDS, CLASS Y
WAS RENAMED TO R4 AS OF 12/11/06. RETIREMENT PLUS SERIES, CASH
MANAGEMENT AND TAX-EXEMPT FUNDS WILL REMAIN CLASS Y.
(b) THE EFFECTIVE DATE UNLESS OTHERWISE NOTED WILL BE THE DAY AFTER THE
FISCAL YEAR END.
(c) EXPENSE CAPS FOR NEW SHARE CLASSES (R2, R3, R4, R5, W) WILL BE
EFFECTIVE AT THE INCEPTION OF THOSE SHARE CLASSES, AS APPROVED BY THE
FUND'S BOARD OF DIRECTORS ON 11/9/06. UNLESS OTHERWISE NOTED, THE
EFFECTIVE DATE OF THE EXPENSE CAP IS THE FIRST DAY OF THE MONTH
FOLLOWING THE FISCAL YEAR END OF THAT FUND.
(d) THESE FUNDS RECEIVED THE SEED MONEY ON 4/17/06 AND 06/08/06,
RESPECTIVELY, AND THE FEE/CAP WENT INTO EFFECT ON THE SAME DATE.
(e) RIVERSOURCE VP CORE EQUITY HAS AN ALL IN FEE/CAP OF 0.40% THAT DOES
NOT EXPIRE.
Master Agreement - Fee Waivers 10
RIVERSOURCE BOND SERIES, INC.
RIVERSOURCE CALIFORNIA TAX-EXEMPT TRUST
RIVERSOURCE DIMENSIONS SERIES, INC.
RIVERSOURCE DIVERSIFIED INCOME SERIES, INC.
RIVERSOURCE EQUITY SERIES, INC.
RIVERSOURCE GLOBAL SERIES, INC.
RIVERSOURCE GOVERNMENT INCOME SERIES, INC.
RIVERSOURCE HIGH YIELD INCOME SERIES, INC.
RIVERSOURCE INCOME SERIES, INC.
RIVERSOURCE INTERNATIONAL SERIES, INC.
RIVERSOURCE INTERNATIONAL MANAGERS SERIES, INC.
RIVERSOURCE INVESTMENT SERIES, INC.
RIVERSOURCE LARGE CAP SERIES, INC.
RIVERSOURCE MANAGERS SERIES, INC.
RIVERSOURCE MARKET ADVANTAGE SERIES, INC.
RIVERSOURCE MONEY MARKET SERIES, INC.
RIVERSOURCE RETIREMENT SERIES TRUST
RIVERSOURCE SELECTED SERIES, INC.
RIVERSOURCE SECTOR SERIES, INC.
RIVERSOURCE SPECIAL TAX-EXEMPT SERIES TRUST
RIVERSOURCE STRATEGIC ALLOCATION SERIES, INC.
RIVERSOURCE STRATEGY SERIES, INC.
RIVERSOURCE TAX-EXEMPT INCOME SERIES, INC.
RIVERSOURCE TAX-EXEMPT MONEY MARKET SERIES, INC.
RIVERSOURCE TAX-EXEMPT SERIES, INC.
RIVERSOURCE VARIABLE PORTFOLIO INCOME SERIES, INC.
RIVERSOURCE VARIABLE PORTFOLIO INVESTMENT SERIES, INC.
RIVERSOURCE VARIABLE PORTFOLIO MANAGERS SERIES, INC.
RIVERSOURCE VARIABLE PORTFOLIO SELECT SERIES, INC.
By: /s/ Xxxxxxx X. Xxxxxxxx
-----------------------
Xxxxxxx X. Xxxxxxxx
President
AMERIPRISE FINANCIAL, INC.
By: /s/ Xxxxxxx X. Xxxxxxxx
-----------------------
Xxxxxxx X. Xxxxxxxx
President - U.S. Asset Management and Chief Investment Officer
AMERIPRISE FINANCIAL SERVICES, INC.
By: /s/ Xxxxxxx X. Xxxxxxxx
-----------------------
Xxxxxxx X. Xxxxxxxx
Senior Vice President and Chief Investment Officer
RIVERSOURCE DISTRIBUTORS INC.
By: /s/ Xxxxxxx X. Xxxxxxxx
-----------------------
Xxxxxxx X. Xxxxxxxx
Senior Vice President - Asset Management, Products and Marketing
RIVERSOURCE INVESTMENTS, LLC.
By: /s/ Xxxxxxx X. Xxxxxxxx
-----------------------
Xxxxxxx X. Xxxxxxxx
President and Chief Investment Officer
RIVERSOURCE SERVICE CORPORATION
By: /s/ Xxx Xxxxxxx-Strong
----------------------
Xxx Xxxxxxx-Strong
Vice President - Transfer Agent Services