Exhibit 99 - h(iv)
EXPENSE LIMITATION AGREEMENT
THIS EXPENSE LIMITATION AGREEMENT is made as of the 28th day of March,
2001 by and between DEUTSCHE INVESTORS FUNDS, INC., a Maryland corporation (the
" Fund") on behalf of GLOBAL BIOTECHNOLOGY FUND and INVESTMENT COMPANY CAPITAL
CORP., a Maryland corporation ("ICCC" or the "Advisor"), with respect to the
following:
WHEREAS, the Advisor serves as the Fund's investment advisor pursuant to an
Investment Advisory Agreement dated March 28, 2001; 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 1.50%
of the Class A Shares' average daily net assets, 2.25% of the Class B Shares'
average daily net assets, 2.25% of the Class C Shares' average daily net assets
and 1.25% of the Institutional 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 March
30, 2001 and ending on March 31, 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 March 30, 2001 and ending on March 31, 2002 to the extent
necessary so that the Fund's total annual operating expenses do not
exceed 1.50% of the Class A Shares' average daily net assets, 2.25% of
the Class B Shares' average daily net assets, 2.25%
of the Class C Shares' average daily net assets and 1.25% of the
Institutional 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/Xxxxxxx X. Xxxx
------------------- ------------------
Name: Xxxxxxx Xxxxxxxx By: Xxxxxxx X. Xxxx
Title: President
EXPENSE LIMITATION AGREEMENT
THIS EXPENSE LIMITATION AGREEMENT is made as of the 28th day of March,
2001 by and between DEUTSCHE INVESTORS FUNDS, INC., a Maryland corporation (the
" Fund") on behalf of GLOBAL FINANCIAL SERVICES FUND and INVESTMENT COMPANY
CAPITAL CORP., a Maryland corporation ("ICCC" or the "Advisor"), with respect to
the following:
WHEREAS, the Advisor serves as the Fund's investment advisor pursuant to an
Investment Advisory Agreement dated March 28, 2001; 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 1.40%
of the Class A Shares' average daily net assets, 2.15% of the Class B Shares'
average daily net assets, 2.15% of the Class C Shares' average daily net assets
and 1.15% of the Institutional 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 March
30, 2001 and ending on March 31, 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 March 30, 2001 and ending on March 31, 2002 to the extent
necessary so that the Fund's total annual operating expenses do not
exceed 1.40% of the Class A Shares' average daily net assets, 2.15% of
the Class B Shares' average daily net assets, 2.15% of the Class C
Shares' average daily net assets and 1.15% of the Institutional 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/Xxxxxxx X. Xxxx
------------------- ------------------
Name: Xxxxxxx Xxxxxxxx By: Xxxxxxx X. Xxxx
Title: President
EXPENSE LIMITATION AGREEMENT
THIS EXPENSE LIMITATION AGREEMENT is made as of the 28th day of March,
2001 by and between DEUTSCHE INVESTORS FUNDS, INC., a Maryland corporation (the
" Fund") on behalf of GLOBAL TECHNOLOGY FUND and INVESTMENT COMPANY CAPITAL
CORP., a Maryland corporation ("ICCC" or the "Advisor"), with respect to the
following:
WHEREAS, the Advisor serves as the Fund's investment advisor pursuant to an
Investment Advisory Agreement dated March 28, 2001; 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 1.50%
of the Class A Shares' average daily net assets, 2.25% of the Class B Shares'
average daily net assets, 2.25% of the Class C Shares' average daily net assets
and 1.25% of the Institutional 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 March
30, 2001 and ending on March 31, 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 March 30, 2001 and ending on March 31, 2002 to the extent
necessary so that the Fund's total annual operating expenses do not
exceed 1.50% of the Class A Shares' average daily net assets, 2.25% of
the Class B Shares' average daily net assets, 2.25% of the Class C
Shares' average daily net assets and 1.25% of the Institutional 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/Xxxxxxx X. Xxxx
------------------- ------------------
Name: Xxxxxxx Xxxxxxxx By: Xxxxxxx X. Xxxx
Title: President
