Common use of Class H Units Clause in Contracts

Class H Units. Class H Units are sold at net asset value, without an initial sales charge. As of November 6, 2017, Bright Start Class H Units were re-designated as Class H Units in the Program. Only Account Owners who purchased Class H Units prior to July 23, 2007 through brokers other than Citigroup Global Market Inc.’s Xxxxx Xxxxxx division are eligible to purchase Class H Units in their existing Class H Units Accounts. Class H Units do not incur an ongoing annual account servicing fee. Whether there are any additional transaction, service, administrative, or other fees charged directly by a broker or financial advisor with respect to an Account is a matter between the Account Owner and such broker or financial advisor and is not a feature of the Program. The following tables set forth the Program’s estimate of the fees and expenses applicable to the Age-Based, Target, and Individual Fund Portfolios. The actual expenses of each Portfolio may be different. The “Total Annual Asset-Based Fees” estimated below include the program management and state administrative fee assessed against each Portfolio as described above, as well as any applicable annual servicing fees under Fee Structure A, C, E, F, G, or H. The following notes relate to the information contained in the tables on the following pages outlining the expenses, fees, and sales charges applicable to each Fee Structure.