EXHIBIT (H)(4)
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AMENDMENTS TO ACCOUNTING SERVICING AGREEMENT
THE CATHOLIC FUNDS, INC.
AMENDMENT TO THE FUND ACCOUNTING SERVICING AGREEMENT
THIS AMENDMENT dated as of January 1, 2002 to the Fund Accounting Servicing
Agreement dated as of April 30, 1999, by and between The Catholic Funds, Inc., a
Maryland corporation and Firstar Mutual Fund Services, LLC, a Wisconsin limited
liability company shall be as follows:
Effective January 1, 2002, the name Firstar Mutual Fund Services, LLC has
been changed to U.S. Bancorp Fund Services, LLC. Accordingly, all references to
Firstar Mutual Fund Services, LLC in this Agreement should be replaced with U.S.
Bancorp Fund Services, LLC. Similarly, any references to Firstar Bank, N.A.
should be replaced with U.S. Bank, N.A.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed by a duly authorized officer on one or more counterparts as of the day
and year first written above.
THE CATHOLIC FUNDS, INC. U.S. BANK, N.A.
By: /s/ Xxxxxxxx X. Xxxxxx By: /s/ [Illegible]
-------------------------------- -----------------------------------
Amendment to the Fund Accounting Servicing Agreement
The Fund Accounting agreement dated April 30, 1999 between Catholic Financial
Services Corporation and US Bancorp Fund Services, LLC is amended as follows
based upon the dissolution of the three equity funds and the creation of The
Catholic Equity Fund with three classes.
All other Provisions of the agreement remain in full force and effect
Please see attached Fee Schedule.
Dated this 7th day of November, 2002
CATHOLIC FINANCIAL SERVICES CORPORATION
By: /s/ Xxxxx X. Xxxxx Title: President
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US BANCORP FUND SERVICES, LLC
By: /s/ Xxx X. Xxxxxxx Title: President
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FUND ACCOUNTING SERVICES
ANNUAL FEE SCHEDULE
Domestic Equity Funds* Multiple Classes
--------------------------- ----------------
$26,000 for the first $100 million Each class is an additional 25% of the
1.25 basis point on the next charge of the initial class
$200 million
..75 basis point on the balance Master/Feeder Fund
------------------
Base Fee increases to $30,000.00 on Each master and feeder is charged
January 1, 2003 or when fund assets according to the schedule.
reach $50 million; whichever occurs
first. Multiple Manager Funds
----------------------
Domestic Balanced Funds* Additional base fee:
----------------------------- o $15,000 per sub-advisor per fund
$33,000 for the first $100 million (domestic equity balanced funds)
1.5 basis points on the next $200 o $19,000 per sub-advisor per fund
million (international, fixed income,
1 basis point on the balance short or derivative funds, money
market funds)
Domestic Fixed Income Funds*
--------------------------------- Extraordinary services - quoted
Funds of Funds* ----------------------
-------------------- separately
Short or Derivative Funds*
------------------------------- Conversion Estimate -- one month's fee
Tax-exempt Money Market Funds* -------------------
----------------------------------- (if necessary)
$39,000 for the first $100 Million
2 basis points on the next $200 million NOTE - All-schedules subject to change
depending upon the use of derivatives -
options, futures, short sales, etc.
Taxable Money Market Funds*
-------------------------------- All, fees are billed monthly plus out-
$32,000 for the first $100 million of-pocket expenses, including. pricing
1 basis point on the next $200 million service:
1/2 basis point on the balance
$.15 Domestic and Canadian Equities
Base Fee increases to $39,000.00 on $.15 Options
January 1, 2003 or when fund assets $.50 Corp/Gov/Agency Bonds
reach $50 million; whichever occurs $.80 CMOs
first. $.50 International Equities and Bonds
$.80 Municipal Bonds
International Income Funds* $.80 Money Market Instruments
-------------------------------- $125 Per fund per month - Mutual Funds
$42,000 for the first $100 million
3 basis points on the next $200 million Corporate Action Services
1.5 basis points on the balance $2.00 Per equity security
Manual Security Pricing.
An additional 25% per class when fund $125 per month - greater than 10/day
assets reach $50 million or as of Factor Services (BondBuyer)
January 1, 2003; whichever occurs Per CMO - $1.50/month
first. Per Mortgage Backed - $0.25/month
Minimum - $300/month
U.S. BANCORP FUND SERVICES, LLC
(CONFIDENTIAL - PRICING VALID FOR 45 DAYS)
