Exhibit 99 - h(ii)
ADMINISTRATION SERVICES APPENDIX
to
MASTER SERVICES AGREEMENT
This Appendix is dated as of March 28, 2001, and is hereby incorporated into and
made a part of the Master Services Agreement dated as of September 1, 2000 (the
"Master Services Agreement") between DEUTSCHE INVESTORS FUNDS, INC. (on behalf
of GLOBAL FINANCIAL SERVICES FUND, GLOBAL BIOTECHNOLOGY FUND and GLOBAL
TECHNOLOGY FUND) and INVESTMENT COMPANY CAPITAL CORP. ("ICCC"). Defined terms
not otherwise defined herein shall have the meaning set forth in the Master
Services Agreement.
1. Services to be provided. ICCC will perform the following services on an
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ongoing basis.
(a) supervise and manage all aspects of the Fund's operations, other than
portfolio management and distribution;
(b) provide the Fund with such executive, administrative, clerical and
bookkeeping services as are deemed advisable by the Fund's Board of Directors;
(c) provide the Fund with, or obtain for it, adequate office space and all
necessary office equipment and services, including telephone service, heat,
utilities, stationery, supplies and similar items for any offices as are deemed
advisable by the Fund's Board of Directors;
(d) supervise the operations of the Fund's transfer and dividend -disbursing
agent;
(e) arrange, but not pay for, the periodic updating of prospectuses and
supplements thereto, proxy material, tax returns, reports to the Fund's
shareholders and reports to and filings with the SEC and state Blue Sky
authorities; and
(f) provide, the Fund with such administrative and clerical services for the
maintenance of certain shareholder records as deemed advisable by the Fund's
Board of Directors.
2. Fees. For the service performed by ICCC for the Fund pursuant to this
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Appendix, the Fund will pay ICCC compensation for such services as the parties
may agree to from time to time in writing.
IN WITNESS WHEREOF, the parties hereto have caused this Administrative Services
Appendix to the Master Services Agreement between Deutsche Investors Funds, Inc.
(on behalf of Global Financial Services Fund, Global Biotechnology Fund and
Global Technology Fund) and Investment Company Capital Corp. to be executed in
their names and on their behalf by and through their duly authorized officers,
as of March 28, 2001.
DEUTSCHE INVESTORS FUNDS, INC.
By:/s/Xxx X. Xxxxxx
----------------
Xxx X. Xxxxxx
Title: Secretary
INVESTMENT COMPANY CAPITAL CORP.
By:/s/Xxxxxxx X. Xxxx
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Xxxxxxx X. Xxxx
Title: President
ACCOUNTING SERVICES APPENDIX
to
MASTER SERVICES AGREEMENT
This Appendix is dated March 28th, 2001, and is hereby incorporated into and
made a part of the Master Services Agreement ("the Master Services Agreement")
between DEUTSCHE INVESTORS FUNDS, INC. (on behalf of GROWTH OPPORTUNITY FUND,
GLOBAL FINANCIAL SERVICES FUND, GLOBAL BIOTECHNOLOGY FUND and GLOBAL TECHNOLOGY
FUND) and INVESTMENT COMPANY CAPITAL CORP. ("ICCC"). Defined terms not otherwise
defined herein shall have the meaning set forth in the Master Services
Agreement.
1. Accounting Services to be Provided. ICCC will perform the following
accounting functions if required:
(a) Journalize investment, capital share and income and expense;
(b) Verify investment buy/sell trade tickets when received from each
Fund's investment advisor and transmit trades to each Fund's custodian
for proper settlement;
(c) Maintain individual ledgers for investment securities;
(d) Maintain tax lots for each security;
(e) Reconcile cash and investment balances with the custodian, and provide
each Fund's investment advisor with the beginning cash balance
available for investment purposes;
(f) Update the cash availability throughout the day as required by each
Fund's investment advisor;
(g) Post to and prepare each Fund's Statement of Net Assets and
Liabilities and the Statement of Operations;
(h) Calculate various contractual expenses (e.g., advisor and custody
fees);
(i) Monitor the expense accruals and notify each Fund's management of any
proposed adjustments;
(j) Control all disbursements from each Fund and authorize such
disbursements upon written instructions from the President or any
other officer of each Fund or the investment advisor;
(k) Calculate capital gains and losses;
(l) Determine each Fund's net income;
(m) Obtain security market quotes from independent pricing services
approved by the investment advisor, or if such quotes are unavailable,
then obtain such prices from the investment advisor, and in either
case calculate the market value of portfolio investments;
(n) Transmit or mail a copy of the daily portfolio valuation to each
Fund's investment advisor;
(o) Compute each Fund's net asset value;
(p) As appropriate, compute the yields, total return, expense ratios,
portfolio turnover rate;
(q) Prepare a monthly financial statement, which will include the
following items:
. Schedule of Investments;
. Statement of Net Assets and Liabilities;
. Statement of Operations;
. Statement of Changes in Net Assets;
. Cash Statement;
. Schedule of Capital Gains and Losses;
(r) Assist in the preparation of:
. Federal and State Tax Returns;
. Excise Tax Returns;
. Annual, Semi-Annual and Quarterly Shareholder Reports;
. Rules 24 (e)-2 and 24 (f)-2 Notices;
. Annual and Semi-Annual Reports on Form N-SAR;
. Monthly and Quarterly Statistical Data Information Reports Sent
to Performance Tracking Companies;
(s) Assist in the Blue Sky and Federal registration and compliance
process;
(t) Assist in the review of registration statements; and
(u) Assist in monitoring compliance with Sub-Chapter M of the Internal
Revenue Code.
2. Records. ICCC shall keep the following records: (a) all books and records
with respect to each Fund's books of account; and (b) records of each Fund's
securities transactions.
3. Liaison with Accountants. In addition to ICCC's obligations relating to each
Fund's independent accountants set forth in the Master Services Agreement, ICCC
shall act as liaison with each Fund's independent accountants and shall provide
account analyses, fiscal year summaries, and other audit related schedules.
4. Compensation. For services performed by ICCC pursuant to this Appendix,
each Fund will pay to ICCC compensation for such services as the parties may
agree to from time to time in writing.
IN WITNESS WHEREOF, the parties hereto have caused this Accounting Services
Appendix to the Master Services Agreement between Deutsche Investors Funds, Inc.
(on behalf of Growth Opportunity Fund, Global Financial Services Fund, Global
Biotechnology Fund and Global Technology Fund) and Investment Company Capital
Corp. to be executed in their names and on their behalf by and through their
duly authorized officers, as of March 28/th/, 2001.
DEUTSCHE INVESTORS FUNDS, INC.
By:/s/Xxx X. Xxxxxx
----------------
Xxx X. Xxxxxx
Title: Secretary
INVESTMENT COMPANY CAPITAL CORP.
By:/s/Xxxxxxx X. Xxxx
------------------
Xxxxxxx X. Xxxx
Title: President
