EX-99.(d)(1)(ii)
SCHEDULE A
FEE AND EXPENSE AGREEMENT
XXXXX FARGO FUNDS TRUST
(CAPPED OPERATING EXPENSE RATIOS)
CAPPED OPERATING EXPIRATION/
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
------------- ---------------- -----------------
Aggressive Allocation
Administrator Class 1.00% January 31, 2007
Asia Pacific
Investor Class 1.65% January 31, 2008
Asset Allocation
Class A 1.15% January 31, 2007
Class B 1.90% January 31, 2007
Class C 1.90% January 31, 2007
Administrator Class 0.90% January 31, 2007
Balanced
Investor Class 1.25% January 31, 2008
California Limited-Term Tax-Free
Class A 0.85% October 31, 2006
Class C 1.60% October 31, 2006
Administrator Class 0.60% October 31, 2006
California Tax-Free
Class A 0.80% October 31, 2006
Class B 1.55% October 31, 2006
Class C 1.55% October 31, 2006
Administrator Class 0.55% October 31, 2006
California Tax-Free Money Market
Class A 0.65% June 30, 2006
Service Class 0.45% June 30, 2006
California Tax-Free Money Market Trust 0.20% June 30, 2006
Capital Growth
Administrator Class 0.94% November 30, 2007
Institutional Class/1/ 0.80% November 30, 2007
Investor Class 1.42% November 30, 2007
Cash Investment Money Market
Administrator Class 0.35% June 30, 2006
Service Class 0.50% June 30, 2006
Institutional Class 0.20% June 30, 2006
--------
/1/ On March 31, 2006 the Board of Trustees approved the reduction of the net
operating expense ratios for the Capital Growth Fund Institutional Class
from 0.80% to 0.75%, effective December 1, 2006.
B-1
CAPPED OPERATING EXPIRATION/
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
------------- ---------------- ------------------
Colorado Tax-Free
Class A 0.85% October 31, 2006
Class B 1.60% October 31, 2006
Administrator Class 0.60% October 31, 2006
Common Stock
Class A 1.31% February 29, 2008
Class B 2.06% February 29, 2008
Class C 2.06% February 29, 2008
Class Z 1.29% February 29, 2008
Conservative Allocation
Administrator Class 0.85% January 31, 2007
Corporate Bond
Advisor Class/2/ 1.00% September 30, 2007
Investor Class/3/ 1.03% September 30, 2007
Institutional Class 0.61% September 30, 2007
C&B Large Cap Value
Class A 1.20% January 31, 2008
Class B 1.95% January 31, 2008
Class C 1.95% January 31, 2008
Class D 1.20% January 31, 2008
Administrator Class 0.95% January 31, 2008
Institutional Class 0.70% January 31, 2008
C&B Mid Cap Value
Class A 1.40% February 28, 2007
Class B 2.15% February 28, 2007
Class C 2.15% February 28, 2007
Class D 1.25% February 28, 2007
Administrator Class 1.15% February 28, 2007
Institutional Class 0.90% February 28, 2007
Discovery
Administrator Class 1.15% February 29, 2008
Investor Class 1.38% February 29, 2008
Institutional Class/3/ 0.95% February 29, 2008
Diversified Bond
Administrator Class 0.70% September 30, 2006
--------
/2/ On March 31, 2006 the Board of Trustees approved the reduction of the net
operating expense ratios for the Corporate Bond Fund Advisor and Investor
Classes from 1.00% and 1.03% to 0.95% and 0.98%, respectively, effective
October 1, 2006.
/3/ On May 10, 2006 the Board of Trustees approved the addition of
Institutional Class shares, effective August 31, 2006, for the Discovery,
Equity Value, International Equity, International Value, Large Cap
Appreciation and Small/Mid Cap Value Funds.
B-2
CAPPED OPERATING EXPIRATION/
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
------------- ---------------- -----------------
Diversified Equity
Class A 1.25% January 31, 2007
Class B 2.00% January 31, 2007
Class C 2.00% January 31, 2007
Administrator Class 1.00% January 31, 2007
Diversified Small Cap
Administrator Class 1.20% January 31, 2007
Dividend Income
Administrator Class 0.96% November 30, 2007
Investor Class 1.37% November 30, 2007
Dow Xxxxx Target Today
Class A 1.25% June 30, 2006
Class B 2.00% June 30, 2006
Class C 2.00% June 30, 2006
Administrator Class 0.95% June 30, 2006
Institutional Class 0.75% June 30, 2006
Dow Xxxxx Target 2010
Class A 1.25% June 30, 2006
Class B 2.00% June 30, 2006
Class C 2.00% June 30, 2006
Administrator Class 0.95% June 30, 2006
Institutional Class 0.75% June 30, 2006
Dow Xxxxx Target 2020
Class A 1.25% June 30, 2006
Class B 2.00% June 30, 2006
Class C 2.00% June 30, 2006
Administrator Class 0.95% June 30, 2006
Institutional Class 0.75% June 30, 2006
Dow Xxxxx Target 2030
Class A 1.25% June 30, 2006
Class B 2.00% June 30, 2006
Class C 2.00% June 30, 2006
Administrator Class 0.95% June 30, 2006
Institutional Class 0.75% June 30, 2006
Dow Xxxxx Target 2040
Class A 1.25% June 30, 2006
Class B 2.00% June 30, 2006
Class C 2.00% June 30, 2006
Administrator Class 0.95% June 30, 2006
Institutional Class 0.75% June 30, 2006
Emerging Markets Focus
Class A 1.90% January 31, 2007
Class B 2.65% January 31, 2007
Class C 2.65% January 31, 2007
Administrator Class 1.60% January 31, 2007
B-3
CAPPED OPERATING EXPIRATION/
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
------------- ---------------- -----------------
Endeavor Large Cap
Class A 1.25% November 30, 2007
Class B 2.00% November 30, 2007
Class C 2.00% November 30, 2007
Endeavor Select
Class A 1.25% November 30, 2007
Class B 2.00% November 30, 2007
Class C 2.00% November 30, 2007
Administrator Class 1.00% November 30, 2007
Institutional Class 0.80% November 30, 2007
Enterprise
Advisor Class 1.40% February 29, 2008
Administrator Class 1.15% February 29, 2008
Investor Class 1.57% February 29, 2008
Institutional Class 0.90% February 29, 2008
Equity Income
Class A 1.10% January 31, 2008
Class B 1.85% January 31, 2008
Class C 1.85% January 31, 2008
Administrator Class 0.85% January 31, 2008
Equity Index
Class A 0.62% November 30, 2006
Class B 1.37% November 30, 2006
Equity Value
Class A 1.25% January 31, 2007
Class B 2.00% January 31, 2007
Class C 2.00% January 31, 2007
Administrator Class 1.00% January 31, 2007
Institutional Class/4/ 0.75% January 31, 2007
Government Money Market
Class A 0.65% June 30, 2006
Service Class 0.50% June 30, 2006
Administrator Class 0.35% June 30, 2006
Institutional Class 0.20% June 30, 2006
--------
/4/ On May 10, 2006 the Board of Trustees approved the addition of
Institutional Class shares, effective August 31, 2006, for the Discovery,
Equity Value, International Equity, International Value, Large Cap
Appreciation and Small/Mid Cap Value Funds.
B-4
CAPPED OPERATING EXPIRATION/
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
------------- ---------------- ------------------
Government Securities
Class C 1.70% September 30, 2007
Administrator Class 0.70% September 30, 2007
Advisor Class/5/ 0.95% September 30, 2007
Investor Class/6/ 1.00% September 30, 2007
Institutional Class 0.48% September 30, 2007
Growth Balanced
Class A 1.20% January 31, 2007
Class B 1.95% January 31, 2007
Class C 1.95% January 31, 2007
Administrator Class 0.95% January 31, 2007
Growth Equity
Class A 1.50% January 31, 2007
Class B 2.25% January 31, 2007
Class C 2.25% January 31, 2007
Administrator Class 1.25% January 31, 2007
Institutional Class 1.05% January 31, 2008
Growth
Class C 2.05% November 30, 2007
Advisor Class 1.30% November 30, 2007
Administrator Class 0.96% November 30, 2007
Investor Class 1.47% November 30, 2007
Institutional Class/6/ 0.85% November 30, 2007
Growth and Income
Advisor Class 1.14% November 30, 2007
Administrator Class 0.96% November 30, 2007
Investor Class 1.31% November 30, 2007
Institutional Class 0.66% November 30, 2007
Heritage Money Market
Administrator Class 0.38% June 30, 2007
Institutional Class 0.18% June 30, 2007
High Income
Advisor Class 0.86% September 30, 2007
Investor Class 0.86% September 30, 2007
Institutional Class 0.43% September 30, 2007
High Yield Bond
Class A 1.15% September 30, 2006
Class B 1.90% September 30, 2006
Class C 1.90% September 30, 2006
--------
/5/ On March 31, 2006 the Board of Trustees approved the reduction of the net
operating expense ratios for the Government Securities Fund Advisor and
Investor Classes from 0.95% and 1.00% to 0.90% and 0.95%, respectively,
effective October 1, 2006.
/6/ On March 31, 2006 the Board of Trustees approved the reduction of the net
operating expense ratios for the Growth Fund Institutional Class from
0.85% to 0.80%, effective December 1, 2006.
B-5
CAPPED OPERATING EXPIRATION/
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
------------- ---------------- ------------------
Income Plus
Class A 1.00% September 30, 2006
Class B 1.75% September 30, 2006
Class C 1.75% September 30, 2006
Index
Administrator Class 0.25% January 31, 2007
Investor Class 0.45% January 31, 2008
Inflation-Protected Bond
Class A 0.85% September 30, 2006
Class B 1.60% September 30, 2006
Class C 1.60% September 30, 2006
Administrator Class 0.60% September 30, 2006
Institutional Emerging Markets
Institutional Class 1.25% January 31, 2007
Intermediate Government Income
Class A 0.95% September 30, 2006
Class B 1.70% September 30, 2006
Class C 1.70% September 30, 2006
Administrator Class 0.70% September 30, 2006
Intermediate Tax-Free
Investor Class 0.75% October 31, 2007
International Core
Class A 1.50% January 31, 2008
Class B 2.25% January 31, 2008
Class C 2.25% January 31, 2008
Administrator Class 1.25% January 31, 2008
International Equity
Class A 1.50% January 31, 2007
Class B 2.25% January 31, 2007
Class C 2.25% January 31, 2007
Administrator Class 1.25% January 31, 2007
Institutional Class/7/ 1.05% January 31, 2007
International Value
Class A 1.50% January 31, 2008
Class B 2.25% January 31, 2008
Class C 2.25% January 31, 2008
Administrator Class 1.25% January 31, 2008
Institutional Class/7/ 1.05% January 31, 2007
--------
/7/ On May 10, 2006 the Board of Trustees approved the addition of
Institutional Class shares, effective August 31, 2006, for the Discovery,
Equity Value, International Equity, International Value, Large Cap
Appreciation and Small/Mid Cap Value Funds.
B-6
CAPPED OPERATING EXPIRATION/
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
------------- ---------------- -----------------
Large Cap Appreciation
Class A 1.25% January 31, 2007
Class B 2.00% January 31, 2007
Class C 2.00% January 31, 2007
Administrator Class 1.00% January 31, 2007
Institutional Class/7/ 0.70% January 31, 2007
Large Cap Growth
Investor Class 1.19% November 30, 2007
Large Company Core
Class A 1.25% November 30, 2007
Class B 2.00% November 30, 2007
Class C 2.00% November 30, 2007
Class Z 1.42% November 30, 2007
Administrator Class 0.95% November 30, 2007
Large Company Growth
Class A 1.20% January 31, 2008
Class B 1.95% January 31, 2008
Class C 1.95% January 31, 2008
Class Z 1.37% January 31, 2008
Administrator Class 0.95% January 31, 2008
Institutional Class 0.75% January 31, 2008
Life Stage - Aggressive Portfolio
Investor Class 1.45% June 30, 2007
Life Stage - Conservative Portfolio
Investor Class 1.25% June 30, 2007
Life Stage - Moderate Portfolio
Investor Class 1.35% June 30, 2007
Liquidity Reserve Money Market 0.76% June 30, 2006
Mid Cap Disciplined
Administrator Class 1.15% February 29, 2008
Institutional Class 0.90% February 29, 2008
Investor Class 1.31% February 29, 2008
Mid Cap Growth
Class A 1.40% February 29, 2008
Class B 2.15% February 29, 2008
Class C 2.15% February 29, 2008
Class Z 1.57% February 29, 2008
Minnesota Money Market
Class A 0.80% June 30, 2006
Minnesota Tax-Free
Class A 0.85% October 31, 2007
Class B 1.60% October 31, 2007
Class C 1.60% October 31, 2007
Class Z 0.75% October 31, 2007
Administrator Class 0.60% October 31, 2007
B-7
CAPPED OPERATING EXPIRATION/
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
------------- ---------------- -----------------
Moderate Balanced
Class A 1.15% January 31, 2007
Class B 1.90% January 31, 2007
Class C 1.90% January 31, 2007
Administrator Class 0.90% January 31, 2007
Money Market
Class A 0.76% June 30, 2006
Class B 1.51% June 30, 2006
Investor Class 0.65% June 30, 2007
Money Market Trust 0.20% June 30, 2006
Municipal Bond
Class A 0.85% October 31, 2007
Class B 1.60% October 31, 2007
Class C 1.60% October 31, 2007
Administrator Class 0.48% October 31, 2007
Investor Class 0.80% October 31, 2007
Municipal Money Market
Investor Class 0.64% June 30, 2007
National Limited-Term Tax-Free
Class A 0.85% October 31, 2006
Class B 1.60% October 31, 2006
Class C 1.60% October 31, 2006
Administrator Class 0.60% October 31, 2006
National Tax-Free
Class A 0.85% October 31, 2006
Class B 1.60% October 31, 2006
Class C 1.60% October 31, 2006
Administrator Class 0.60% October 31, 2006
National Tax-Free Money Market
Class A 0.65% June 30, 2006
Service Class 0.45% June 30, 2006
Institutional Class 0.20% June 30, 2006
Administrator Class 0.30% June 30, 2007
National Tax-Free Money Market Trust 0.20% June 30, 2006
Nebraska Tax-Free
Administrator Class 0.75% October 31, 2006
Opportunity
Advisor Class 1.29% February 29, 2008
Administrator Class 1.04% February 29, 2008
Investor Class 1.35% February 29, 2008
Overland Express Sweep 1.08% June 30, 2006
Overseas
Institutional Class 0.95% January 31, 2008
Investor Class 1.46% January 31, 2008
B-8
CAPPED OPERATING EXPIRATION/
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
------------- ---------------- ------------------
Prime Investment Money Market
Service Class 0.55% June 30, 2006
Institutional Class 0.20% June 30, 2006
Short Duration Government Bond
Class A 0.85% September 30, 2006
Class B 1.60% September 30, 2006
Class C 1.60% September 30, 2006
Administrator Class 0.60% September 30, 2006
Institutional Class 0.42% September 30, 2007
Short-Term Bond
Advisor Class 0.85% September 30, 2007
Investor Class 0.90% September 30, 2007
Institutional Class 0.48% September 30, 2007
Short-Term High Yield Bond
Advisor Class 0.86% September 30, 2007
Investor Class 0.86% September 30, 2007
Short-Term Municipal Bond
Class C 1.55% October 31, 2007
Investor Class 0.66% October 31, 2007
Small Cap Growth
Class A 1.40% February 29, 2008
Class B 2.15% February 29, 2008
Class C 2.15% February 29, 2008
Class Z 1.57% February 29, 2008
Administrator Class 1.20% February 29, 2008
Institutional Class 0.90% February 29, 2008
Small Cap Disciplined
Administrator Class 1.20% February 29, 2008
Institutional Class 1.00% February 29, 2008
Investor Class/8/ 1.61% February 29, 2008
Small Cap Opportunities
Administrator Class 1.20% February 28, 2007
Small Cap Value
Class A 1.44% February 29, 2008
Class B 2.19% February 29, 2008
Class C 2.19% February 29, 2008
Class Z 1.36% February 29, 2008
Small Company Growth
Class A 1.45% January 31, 2007
Class B 2.20% January 31, 2007
Class C 2.20% January 31, 2007
Administrator Class 1.20% January 31, 2007
--------
/8/ On March 31, 2006 the Board of Trustees approved the reduction of the net
operating expense ratios for the Small Cap Disciplined Fund Investor Class
from 1.61% to 1.49%, effective March 1, 2007.
B-9
CAPPED OPERATING EXPIRATION/
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
------------- ---------------- ------------------
Small Company Value
Class A 1.45% January 31, 2007
Class B 2.20% January 31, 2007
Class C 2.20% January 31, 2007
Administrator Class 1.20% January 31, 2007
Small/Mid Cap Value
Administrator Class 1.15% February 29, 2008
Investor Class/9/ 1.57% February 29, 2008
Institutional Class/10/ 0.95% February 29, 2008
Specialized Financial Services
Class A 1.35% February 28, 2007
Class B 2.10% February 28, 2007
Class C 2.10% February 28, 2007
Specialized Health Sciences
Class A 1.65% February 28, 2007
Class B 2.40% February 28, 2007
Class C 2.40% February 28, 2007
Specialized Technology
Class A 1.75% February 29, 2008
Class B 2.50% February 29, 2008
Class C 2.50% February 29, 2008
Class Z 1.90% February 29, 2008
Stable Income
Class A 0.85% September 30, 2006
Class B 1.60% September 30, 2006
Class C 1.60% September 30, 2006
Administrator Class 0.65% September 30, 2006
Strategic Income
Class A 1.10% September 30, 2007
Class B 1.85% September 30, 2007
Class C 1.85% September 30, 2007
Strategic Small Cap Value/11/
Class A 1.45% January 31, 2008
Class C 2.20% January 31, 2008
Administrator Class 1.20% January 31, 2008
--------
/9/ On March 31, 2006 the Board of Trustees approved the reduction of the net
operating expense ratios for the Small/Mid Cap Value Fund Investor Class
from 1.57% to 1.49%, effective March 1, 2007.
/10/ On May 10, 2006 the Board of Trustees approved the addition of
Institutional Class shares, effective August 31, 2006, for the Discovery,
Equity Value, International Equity, International Value, Large Cap
Appreciation and Small/Mid Cap Value Funds.
/11/ On February 8, 2006, the Board of Trustees approved the establishment of
the Strategic Small Cap Value Fund, which is expected to commence
operations in 2006.
B-10
CAPPED OPERATING EXPIRATION/
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
------------- ---------------- ------------------
Total Return Bond
Class A 0.90% September 30, 2007
Class B 1.65% September 30, 2007
Class C 1.65% September 30, 2007
Administrator Class 0.70% September 30, 2007
Institutional Class 0.42% September 30, 2007
Class Z 0.95% September 30, 2007
Treasury Plus Money Market
Class A 0.65% June 30, 2006
Service Class 0.50% June 30, 2006
Institutional Class 0.20% June 30, 2006
Ultra-Short Duration Bond
Class A 0.80% September 30, 2007
Class B 1.55% September 30, 2007
Class C 1.55% September 30, 2007
Class Z 0.84% September 30, 2007
Ultra Short-Term Income
Administrator Class 0.60% September 30, 2007
Advisor Class 0.80% September 30, 2007
Investor Class 0.84% September 30, 2007
Institutional Class 0.35% September 30, 2007
Ultra Short-Term Municipal Income
Advisor Class 0.72% October 31, 2007
Investor Class 0.72% October 31, 2007
Institutional Class 0.37% October 31, 2007
U.S. Value
Class A 1.25% November 30, 2007
Class B 2.00% November 30, 2007
Class C 2.00% November 30, 2007
Class Z 1.32% November 30, 2007
Administrator Class 0.96% November 30, 2007
Value
Class A 1.20% November 30, 2007
Class B 1.95% November 30, 2007
Class C 1.95% November 30, 2007
Investor Class 1.20% November 30, 2007
Administrator Class 0.95% November 30, 2007
WealthBuilder Conservative Allocation 1.50% September 30, 2006
WealthBuilder Equity 1.50% September 30, 2006
WealthBuilder Growth Allocation 1.50% September 30, 2006
WealthBuilder Growth Balanced 1.50% September 30, 2006
WealthBuilder Moderate Balanced 1.50% September 30, 2006
WealthBuilder Tactical Equity 1.50% September 30, 2006
B-11
CAPPED OPERATING EXPIRATION/
FUNDS/CLASSES EXPENSE RATIO RENEWAL DATE
------------- ---------------- ----------------
Wisconsin Tax-Free
Class C 1.49% October 31, 2007
Investor Class 0.75% October 31, 2007
100% Treasury Money Market
Class A 0.65% June 30, 2006
Service Class 0.50% June 30, 2006
Most recent annual approval by the Board of Trustees: March 31, 2006
Schedule A amended: August 9, 2006
B-12
The foregoing schedule of capped operating expense ratios is agreed to as of
August 9, 2006 and shall remain in effect until changed in writing by the
parties.
XXXXX FARGO FUNDS TRUST
By: /s/ X. Xxxxx Xxxxxxx
------------------------------
X. Xxxxx Xxxxxxx
Secretary
XXXXX FARGO FUNDS MANAGEMENT, LLC
By: /s/ Xxxxxx Xxxx
------------------------------
Xxxxxx Xxxx
Senior Vice President
B-13
