Exhibit 9.41 Nicholas-Applegate Mutual Funds 600 West Broadway San Diego, California 92101
Exhibit 9.41
Xxxxxxxx-Xxxxxxxxx Mutual Funds
000 Xxxx Xxxxxxxx
Xxx Xxxxx, Xxxxxxxxxx 00000
______________, 199_
Xxxxxxxx-Xxxxxxxxx Capital Management
000 Xxxx Xxxxxxxx
Xxx Xxxxx, Xxxxxxxxxx 00000
Ladies and Gentlemen:
This will confirm that as a result of our recent reorganization, the
expense limitation letter agreement between us dated September 27, 1993, as
previously amended, is hereby further amended to change the references to
"Portfolios" therein to "Funds" and to add to Appendix A thereof the Percentage
Limitations attached hereto as Exhibit A with respect to the various Classes of
the Funds.
The Percentage Limitations will continue until March 31, 1999, unless
voluntarily extended by you, and will be subject to the reimbursement provisions
in the Funds' prospectuses.
In all other respects, the expense limitation letter agreement, as
previously amended, will remain in full force and effect. Please sign this
letter below to confirm your agreement with these amendments.
Very truly yours,
E. Xxxxx Xxxxx, Jr.
Secretary
AGREED:
Xxxxxxxx-Xxxxxxxxx Capital Management
By: Xxxxxxxx-Xxxxxxxxx Capital Management
Holdings, L.P., its General Partner
By: Xxxxxxxx-Xxxxxxxxx Capital Management
Holdings, Inc., its General Partner
By:
------------------------------------
E. Xxxxx Xxxxx, Jr.
Secretary
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EXHIBIT A
Name of Fund and Class Percentage Limitation
---------------------- ---------------------
Core Growth Fund, Class A 1.60
Class B 2.25
Class C 2.25
Class Q 1.25
Class I 1.00
Large Cap Growth Fund, Class A 1.60
Class B 2.25
Class C 2.25
Class Q 1.25
Class I 1.00
Mini Cap Growth Fund, Class I 1.56
Emerging Growth Fund, Class A 1.95
Class B 2.60
Class C 2.60
Class Q 1.50
Class I 1.17
Income & Growth Fund, Class A 1.60
Class B 2.25
Class C 2.25
Class Q 1.25
Class I 1.00
Balanced Growth Fund, Class A 1.60
Class B 2.25
Class C 2.25
Class Q 1.25
Class I 1.00
Worldwide Growth Fund, Class A 1.85
Class B 2.50
Class C 2.50
Class Q 1.60
Class I 1.35
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Name of Fund and Class Percentage Limitation
---------------------- ---------------------
International Growth Fund, Class A 1.95
Class B 2.60
Class C 2.60
Class Q 1.65
Class I 1.40
Emerging Countries Fund, Class A 2.25
Class B 2.90
Class C 2.90
Class Q 1.90
Class I 1.65
Global Growth & Income Fund, Class I 1.35
International Small Cap Growth Fund, Class A 1.95
Class B 2.60
Class C 2.60
Class Q 1.65
Class I 1.40
Money Market Fund 1.10
Value Fund, Class I 1.00
High Yield Bond Fund, Class I 0.75
Strategic Income Fund, Class I 0.75
Short-Intermediate Fixed Income Fund, Class I 0.35
Fully Discretionary Fixed Income Fund, Class A 0.45
Global Technology Fund, Class I 1.40
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