Applicable Reimbursement Level and Term of Reimbursement. For the period from August 1, 2016 through July 31, 2017, to the extent that the total annual ordinary fund operating expenses of Class Y shares of any Fund exceeds the total annual ordinary fund operating expenses of the Class A shares of that Fund, IDI and/or WISC agrees to reimburse sufficient Rule 12b-1 fees and/or shareholder servicing fees to ensure that the total annual ordinary fund operating expenses of such Class Y shares do not exceed the total annual ordinary fund operating expenses of the Class A shares of that Fund, as calculated at the end of each month (the “Reimbursement Amount”).
Applicable Reimbursement Level and Term of Reimbursement. For the period through July 31, 2008, IFDI and/or WRSCO agrees to reimburse sufficient 12b-1 and/or shareholder servicing fees to cap the expenses for its Class A shares at 1.15%, for its Class E shares at 1.15%, and for its Class Y shares at 1.06% (the "Reimbursement Amount").
Applicable Reimbursement Level and Term of Reimbursement. For the period through July 31, 2009, IFDI and/or WRSCO agrees to reimburse sufficient 12b-1 and/or shareholder servicing fees to cap the expenses for its Class A shares at 1.35% (the "Reimbursement Amount").
Applicable Reimbursement Level and Term of Reimbursement. For the period from May 18, 2017 through January 31, 2019, IICO, IDI and/or WISC agrees to reimburse sufficient management fees, Rule 12b-1 fees and/or shareholder servicing fees to cap the total annual ordinary operating expenses (which would exclude interest, taxes, brokerage commissions, acquired fund fees and expenses, and extraordinary expenses, if any) for the Class of shares as follows: Class A shares at 1.00%; Class I shares at 0.72%; and Class N shares at 0.72% (the “Reimbursement Amount”).
Applicable Reimbursement Level and Term of Reimbursement. For the period from August 1, 2012 through July 31, 2013, IICO, IFDI and/or WRSCO agrees to reimburse sufficient management fees, 12b-1 and/or shareholder servicing fees to cap the ordinary operating expenses for the Class of shares of each Fund set forth below at the level in the following table (the “Reimbursement Amount”): Fund Class A Class E Class I Ivy Asset Strategy Fund n/a 1.00 % n/a Ivy Asset Strategy New Opportunities Fund 1.50 % 1.50 % 1.25 % Ivy Bond Fund n/a 1.14 % 0.84 % Ivy Core Equity Fund n/a 1.35 % n/a Xxx Xxxxxxx Global Value Fund 1.90 % 1.59 % n/a Ivy Dividend Opportunities Fund n/a 1.37 % n/a Ivy Energy Fund 1.60 % n/a n/a Ivy Global Income Allocation Fund n/a 1.33 % n/a Ivy Global Natural Resources Fund n/a 1.27 % n/a Ivy High Income Fund n/a 1.36 % n/a Ivy International Core Equity Fund n/a 1.53 % n/a Ivy Limited-Term Bond Fund n/a 1.00 % n/a Ivy Mid Cap Growth Fund n/a 1.60 % n/a Ivy Municipal High Income Fund 0.95 % n/a 0.70 % Ivy Real Estate Securities Fund n/a 1.67 % n/a Ivy Science and Technology Fund n/a 1.43 % n/a Ivy Small Cap Growth Fund n/a 1.56 % n/a Ivy Value Fund 1.55 % n/a n/a
Applicable Reimbursement Level and Term of Reimbursement. For the period from July 31, 2018 through July 31, 2019, to the extent that the total annual ordinary fund operating expenses of Class N shares of any Fund exceeds the total annual ordinary fund operating expenses of the Class I shares of that Fund, IDI and/or WISC agrees to reimburse sufficient Rule 12b-1 fees and/or shareholder servicing fees to ensure that the total annual ordinary fund operating expenses (which would exclude interest, taxes, brokerage commissions, acquired fund fees and expenses, and extraordinary expenses, if any) of such Class N shares do not exceed the total annual ordinary fund operating expenses of the Class I shares of that Fund, as calculated at the end of each month (the “Reimbursement Amount”).
Applicable Reimbursement Level and Term of Reimbursement. For the period from February 1, 2021 through January 31, 2022, to the extent that the total annual ordinary fund operating expenses of Class Y shares and Class N shares, respectively, of any Fund exceeds the total annual ordinary fund operating expenses of the Class A shares and Class I shares of that Fund, respectively, IDI and/or WISC agrees to reimburse sufficient Rule 12b-1 fees and/or shareholder servicing fees to ensure that the total annual ordinary fund operating expenses (which would exclude interest, taxes, brokerage commissions, acquired fund fees and expenses, and extraordinary expenses, if any) of such Class Y shares and Class N shares, do not exceed the total annual ordinary fund operating expenses of the Class A shares and Class I shares, respectively, of that Fund, as calculated at the end of each month (the “Reimbursement Amount”).
Applicable Reimbursement Level and Term of Reimbursement. For the period from April 20, 2017 through January 31, 2019, IICO, IDI and/or WISC agrees to reimburse sufficient management fees, Rule 12b-1 fees and/or shareholder servicing fees to cap the total annual ordinary operating expenses (which would exclude interest, taxes, brokerage commissions, acquired fund fees and expenses, and extraordinary expenses, if any) for the Class of shares of each Fund set forth below at the level in the following table (the “Reimbursement Amount”): Fund Class A Class E Class I Class N Ivy ProShares Interest Rate Hedged High Yield Index Fund 0.90 % 0.90 % 0.65 % 0.65 % Ivy ProShares MSCI ACWI Index Fund 0.90 % 0.75 % 0.65 % 0.65 % Ivy ProShares Xxxxxxx 2000 Dividend Growers Index Fund 0.90 % 0.80 % 0.65 % 0.65 % Ivy ProShares S&P 500 Bond Index Fund 0.65 % 0.60 % 0.40 % 0.40 % Ivy ProShares S&P 500 Dividend Aristocrats Index Fund 0.75 % 0.75 % 0.50 % 0.50 %
Applicable Reimbursement Level and Term of Reimbursement. For the period from May 1, 2020 through April 30, 2021, IICO, IDI and/or WISC agree to reimburse sufficient management fees, Rule 12b-1 fees and/or shareholder servicing fees to cap the total annual ordinary Portfolio operating expenses (which would exclude interest, taxes, brokerage commissions, acquired fund fees and expenses, and extraordinary expenses, if any) for each Portfolio set forth below at the level in the following table (the “Reimbursement Amount”): Portfolio Class I Class II Ivy VIP Core Equity 0.95% Ivy VIP Global Growth 1.13% Ivy VIP Mid Cap Growth 0.85% 1.10% Ivy VIP Small Cap Growth 1.14%
Applicable Reimbursement Level and Term of Reimbursement. For the period from August 1, 2012 through July 31, 2013, to the extent that the total fund operating expenses of the Class Y shares of any Fund exceeds the total fund operating expenses of the Class A shares of that Fund, IFDI and/or WRSCO agrees to reimburse sufficient 12b-1 and/or shareholder servicing fees to ensure that the total annual fund operating expenses of such Class Y shares do not exceed the total annual fund operating expenses of the Class A shares of that Fund, as calculated at the end of each month (the “Reimbursement Amount”).
