Exibit 99 - D(iv)
EXPENSE LIMITATION AGREEMENT
THIS EXPENSE LIMITATION AGREEMENT is made as of the 7th day of May,
2001 by and between DEUTSCHE INVESTORS FUNDS, INC., on behalf of TOP 50 ASIA
FUND, a Maryland corporation (the " Fund) and INVESTMENT COMPANY CAPITAL CORP.,
a Maryland corporation ("ICCC" or the "Advisor"), with respect to the following:
WHEREAS, ICCC serves as the Portfolio's investment advisor pursuant to
an Investment Advisory Agreement dated May 7, 2001 and serves as the Fund's
administrator pursuant to a Master Services Agreement for Administration
Services dated September 1, 2000; 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 1.60% of the Class A Shares' average daily net assets, 2.35% of the Class
B Shares' average daily net assets and 2.35% 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 May
7, 2001 and ending on May 7, 2002.
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 May 7, 2001 and ending on May 7, 2002 to the extent
necessary so that the Fund's total annual operating expenses do not
exceed 1.60% of the Class A Shares' average daily net assets, 2.35%
of the Class B Shares' average daily net assets and 2.35% 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/ Xxxxxx X. Xxxxxxxx
-------------------- ----------------------
Name: Xxxxxxx Xxxxxxxx By: Xxxxxx X. Xxxxxxxx
Title: Executive Vice President
EXPENSE LIMITATION AGREEMENT
THIS EXPENSE LIMITATION AGREEMENT is made as of the 7th day of May,
2001 by and between DEUTSCHE INVESTORS FUNDS, INC., on behalf of EUROPEAN
MID-CAP FUND, a Maryland corporation (the " Fund) and INVESTMENT COMPANY CAPITAL
CORP., a Maryland corporation ("ICCC" or the "Advisor"), with respect to the
following:
WHEREAS, ICCC serves as the Portfolio's investment advisor pursuant to
an Investment Advisory Agreement dated May 7, 2001 and serves as the Fund's
administrator pursuant to a Master Services Agreement for Administration
Services dated September 1, 2000; 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 1.60% of the Class A Shares' average daily net assets, 2.35% of the Class
B Shares' average daily net assets and 2.35% 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 May
7, 2001 and ending on May 7, 2002.
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 May 7, 2001 and ending on May 7, 2002 to the extent
necessary so that the Fund's total annual operating expenses do not
exceed 1.60% of the Class A Shares' average daily net assets, 2.35%
of the Class B Shares' average daily net assets and 2.35% 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/ Xxxxxx X. Xxxxxxxx
-------------------- ----------------------
Name: Xxxxxxx Xxxxxxxx By: Xxxxxx X. Xxxxxxxx
Title: Executive Vice President
EXPENSE LIMITATION AGREEMENT
THIS EXPENSE LIMITATION AGREEMENT is made as of the 7th day of May,
2001 by and between DEUTSCHE INVESTORS FUNDS, INC., on behalf of TOP 50 EUROPE
FUND, a Maryland corporation (the " Fund) and INVESTMENT COMPANY CAPITAL CORP.,
a Maryland corporation ("ICCC" or the "Advisor"), with respect to the following:
WHEREAS, ICCC serves as the Portfolio's investment advisor pursuant to
an Investment Advisory Agreement dated May 7, 2001 and serves as the Fund's
administrator pursuant to a Master Services Agreement for Administration
Services dated September 1, 2000; 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 1.60% of the Class A Shares' average daily net assets, 2.35% of the Class
B Shares' average daily net assets and 2.35% 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 May
7, 2001 and ending on May 7, 2002.
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 May 7, 2001 and ending on May 7, 2002 to the extent
necessary so that the Fund's total annual operating expenses do not
exceed 1.60% of the Class A Shares' average daily net assets, 2.35%
of the Class B Shares' average daily net assets and 2.35% 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/ Xxxxxx X. Xxxxxxxx
-------------------- ----------------------
Name: Xxxxxxx Xxxxxxxx By: Xxxxxx X. Xxxxxxxx
Title: Executive Vice President
EXPENSE LIMITATION AGREEMENT
THIS EXPENSE LIMITATION AGREEMENT is made as of the 7th day of May,
2001 by and between DEUTSCHE INVESTORS FUNDS, INC., on behalf of JAPANESE EQUITY
FUND, a Maryland corporation (the " Fund) and INVESTMENT COMPANY CAPITAL CORP.,
a Maryland corporation ("ICCC" or the "Advisor"), with respect to the following:
WHEREAS, ICCC serves as the Portfolio's investment advisor pursuant to
an Investment Advisory Agreement dated May 7, 2001 and serves as the Fund's
administrator pursuant to a Master Services Agreement for Administration
Services dated September 1, 2000; 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 1.60% of the Class A Shares' average daily net assets, 2.35% of the Class
B Shares' average daily net assets and 2.35% 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 May
7, 2001 and ending on May 7, 2002.
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 May 7, 2001 and ending on May 7, 2002 to the extent
necessary so that the Fund's total annual operating expenses do not
exceed 1.60% of the Class A Shares' average daily net assets, 2.35%
of the Class B Shares' average daily net assets and 2.35% 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/ Xxxxxx X. Xxxxxxxx
-------------------- ----------------------
Name: Xxxxxxx Xxxxxxxx By: Xxxxxx X. Xxxxxxxx
Title: Executive Vice President
EXPENSE LIMITATION AGREEMENT
THIS EXPENSE LIMITATION AGREEMENT is made as of the 7th day of May,
2001 by and between DEUTSCHE INVESTORS FUNDS, INC., on behalf of TOP 50 US FUND,
a Maryland corporation (the " Fund) and INVESTMENT COMPANY CAPITAL CORP., a
Maryland corporation ("ICCC" or the "Advisor"), with respect to the following:
WHEREAS, ICCC serves as the Portfolio's investment advisor pursuant to
an Investment Advisory Agreement dated May 7, 2001 and serves as the Fund's
administrator pursuant to a Master Services Agreement for Administration
Services dated September 1, 2000; and
WHEREAS, ICCC has voluntarily agreed to waive its fees and reimburse
expenses so that the Fund's total annual operating expenses do not exceed 1.15%
of the Class A Shares' average daily net assets, 1.90% of the Class B Shares'
average daily net assets and 1.90% 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 May
7, 2001 and ending on May 7, 2002.
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 May 7, 2001 and ending on May 7, 2002 to the extent
necessary so that the Fund's total annual operating expenses do not
exceed 1.15% of the Class A Shares' average daily net assets, 1.90%
of the Class B Shares' average daily net assets and 1.90% 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/ Xxxxxx X. Xxxxxxxx
-------------------- ----------------------
Name: Xxxxxxx Xxxxxxxx By: Xxxxxx X. Xxxxxxxx
Title: Executive Vice President
EXPENSE LIMITATION AGREEMENT
THIS EXPENSE LIMITATION AGREEMENT is made as of the 7th day of May,
2001 by and between DEUTSCHE INVESTORS FUNDS, INC., on behalf of TOP 50 WORLD
FUND, a Maryland corporation (the " Fund) and INVESTMENT COMPANY CAPITAL CORP.,
a Maryland corporation ("ICCC" or the "Advisor"), with respect to the following:
WHEREAS, ICCC serves as the Portfolio's investment advisor pursuant to
an Investment Advisory Agreement dated May 7, 2001 and serves as the Fund's
administrator pursuant to a Master Services Agreement for Administration
Services dated September 1, 2000; 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 1.60% of the Class A Shares' average daily net assets, 2.35% of the Class
B Shares' average daily net assets and 2.35% 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 May
7, 2001 and ending on May 7, 2002.
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 May 7, 2001 and ending on May 7, 2002 to the extent
necessary so that the Fund's total annual operating expenses do not
exceed 1.60% of the Class A Shares' average daily net assets, 2.35%
of the Class B Shares' average daily net assets and 2.35% 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/ Xxxxxx X. Xxxxxxxx
-------------------- ----------------------
Name: Xxxxxxx Xxxxxxxx By: Xxxxxx X. Xxxxxxxx
Title: Executive Vice President
