Omnibus addendum to the Selling group agreement (for retirement plan share classes (R shares) only) Ladies and Gentlemen:
Exhibit 99-B.8.82
[American Funds letterhead]
American Funds Distributors, Inc.
▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇
▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇
Telephone 800/▇▇▇-▇▇▇▇, ext. 59
Omnibus addendum to the
Selling group agreement
(for retirement plan share classes (R shares) only)
Ladies and Gentlemen:
This Omnibus Addendum (Addendum) to the Selling Group Agreement dated June 30, 2000 (Agreement) into which we previously entered is made by and between ING Financial Advisers, LLC (formerly known as Aetna Investment Services, Inc.) and American Funds Distributors, Inc. as of the date indicated below. This Addendum constitutes the agreement between you and us in respect of your holding retirement plan (Plan) accounts in an omnibus account on the books of the Funds. All terms of the Agreement and of addenda to the Agreement dated on or prior to the date of this Addendum continue in full force and effect. If any provision of the Agreement or any addenda to the Agreement is inconsistent with this Addendum, this Addendum shall supersede such other provisions.
Requirements to Maintain Retirement Plan Omnibus Accounts
|
a. |
In order for you to hold Plan accounts in an omnibus account on the books of the Funds, you agree to provide us with the following information, current as of the end of each calendar month, and in a manner and format satisfactory to us and in a file layout conforming to the attached Exhibit A, which may be modified by us from time to time, for each Plan account in the omnibus account within fifteen (15) calendar days following the end of such month: |
|
|
1. |
Plan’s name |
|
|
2. |
Selling representative’s name |
|
|
3. |
Selling representative’s number (i.e., Financial Adviser’s ID) |
|
|
4. |
Selling representative’s street address, city, state and zip code |
|
|
5. |
Selling representative’s branch number (i.e., Financial Adviser’s Office Code) |
|
|
6. |
Name of the firm assigned to the Plan’s account |
|
|
7. |
The American Funds-designated number identifying the firm assigned to the Plan’s account |
|
|
8. |
For each share class of a Fund held by the Plan- |
|
|
(i) |
the share class’ CUSIP number |
|
|
(ii) |
the dollar amount of investments to the Fund during the month (Include investments from mapped takeover assets, participant contributions and employer contributions. Do not include participant-initiated transactions that result in (A) asset movement between the Fund and other American Funds or (B) investments to the Fund from other mutual fund families.) |
|
|
(iii) |
the dollar amount of redemptions from the Fund during the month (Include redemptions or distributions due to a participant’s separation of service or the removal of the Fund as an investment option within the Plan. Do not include participant-initiated transactions that result in (A) asset movement between the Fund and other American Funds or (B) asset movement from the Fund to other mutual fund families.) |
Please note that if you are an institution that conducts retirement plan business through only one branch and has no representative (such as a bank), then you are required to provide only the information listed in items 1, 6, 7 & 8 above.
|
b. |
if we find a significant discrepancy between the information contained in files you send us and the information contained in our own records, you agree to cooperate with us to resolve the discrepancy. |
|
c. |
If you provide third parties with trading or clearing services, you may not give such third parties access to the Funds without our written consent. |
Should you hold Plan accounts in an omnibus account, failure to comply with the requirements set forth above will constitute a breech of the Agreement, thereby giving us the right to terminate the Agreement.
|
|
* |
* |
* |
* |
* |
* |
Execute this Addendum in duplicate and return one of the duplicate originals to us for our file. This Addendum (i) may be amended by notification from us and orders received following such notification shall be deemed to be an acceptance of any such amendment and (ii) shall be construed in accordance with the laws of the State of California.
Very truly yours,
American Funds Distributors, Inc.
By /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
|
|
▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ |
|
|
President |
Accepted
ING Financial Advisers, Inc.
Firm
By /s/ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
Officer or Partner
▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
Print Name
Vice President
Print Title
Address: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
|
|
▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ |
Date: February 6, 2004
Effective Date: January 1, 2003
EXHIBIT A – RP OMNIBUS FILE REQUIREMENT – R SHARES ONLY
Not for Use with RIA Business
Header Record: This is the first record in the file.
|
|
Field Name |
Format |
Length |
Required? |
ING SPEC |
|
1. |
‘H’ (Header Record Identifier) |
Alpha |
1 |
Y |
‘H’ – hard code |
|
2. |
Dealer Number (Format: right justified, zero filled) |
Numeric |
7 |
Y |
? |
|
3. |
Sales Month Date (Format: YYYYMM) |
Numeric |
6 |
Y |
System generated |
Detail Record – Settled trades only
|
|
Field Name |
Format |
Length |
Required? |
ING SPEC |
|
4. |
‘D’ (Detail Record Identifier) |
Alpha |
1 |
Y |
‘D’ – hard code |
|
5. |
Unique Record ID (Unique identifier for each detail record; sequence number) (Format: right justified, zero filled) |
Alphanumeric |
9 |
Y |
System generated |
|
6. |
Omnibus Account Number (from daily trades) (Format: right justified, zero filled) |
Numeric |
11 |
Y |
Omnibus_Acct_Number From Syb3d3: Dmfpp001: Fund_Separate_Account |
|
7 |
Fund Cusip Number (Format: right justified, zero filled) |
Alphanumeric |
9 |
Y |
Cusip from Syb3d3: ▇▇▇▇▇▇▇▇: Fund_class |
|
8 |
Financial Institution’s Name (Firm the Rep works for) (Format: left justified, zero filled) |
Alphanumeric |
70 |
Y |
Bdname from PAIS SAS data set |
|
9 |
Financial Institution’s Number (Format: right justified, zero filled) |
Numeric |
7 |
Y |
‘0001215’ – hard code |
|
10 |
Financial Adviser’s Office Number (Format: left justified, followed by spaces) |
Alphanumeric |
9 |
Y |
Current writing Agency Code from DSS |
|
11 |
Financial Adviser’s ID (Format: left justified, followed by spaces, i.e. ‘123-456 ‘ |
Alphanumeric |
9 |
Y |
Current writing Agency-Agent Code from DSS |
|
12 |
Investment Amount Investments from mapped takeover assets, participant contributions and employer contributions. Do not include participant-initiated transactions that result in (A) asset movement between the Fund and other American Funds or (B) investments to the Fund from other fund families. (Format note: Enter as a positive number, right justified, zero filled, implied 2 decimal positions. For example: 000000123456789 if the amount is $1,234,567.89 Reversals/corrections that go into this bucket should be negative amounts) |
Numeric |
13.2 |
Y |
Deposits into AF Including Transfer Credit from EMIS Cash Flow |
|
13 |
Non-Commissionable Investment Amount Include loan repayments. Do not include participant-initiated transactions that result in (A) asset movement between the Fund and other American Funds or (B) investments to the Fund from other fund families. (See format note on Investment Amount. Reversals/corrections that go into this bucket should be negative amounts) |
Numeric |
13.2 |
|
Loan Repayments into AF from EMIS Cash Flow |
|
14 |
Exchange Purchase Amount – New Money Exchange purchases that result in investments to the Fund from other mutual fund families. (See format note on Investment Amount. Reversals/corrections that go into this bucket should be negative amounts) |
Numeric |
13.2 |
|
Inter-fund Exchange-In to AF from non-AF from EMIS Cash Flow |
|
15 |
Exchange Purchase Amount – Old Money Exchange purchases that result in asset movement between the Fund and other American Funds. (See format note on Investment Amount. Reversals/corrections that go into this bucket should be negative amounts) |
Numeric |
13.2 |
|
Inter-fund Exchange-In to AF from AF from EMIS Cash Flow |
|
16 |
Redemption Amount Redemptions or distributions due to a participant’s separation of service. Include loan withdrawals. Do not include participant-initiated transactions that result in (A) asset movement between the Fund and other American Funds or (B) asset movement from the Fund to other mutual fund families. (See format note on Investment Amount.) |
Numeric |
13.2 |
Y |
Surrender, Maintenance Fee, Loan Disbursement, Annuitization, Product Exchanges, System Migrations out of AF from EMIS Cash Flow |
|
17 |
Exchange Redemption Amount – Out of AF Exchange redemptions that result in asset movement from the Fund to other mutual fund families. (See format note on Investment Amount.) |
Numeric |
13.2 |
|
Inter-fund Exchange – Out of AF into non-AF from EMIS Cash Flow |
|
18 |
Exchange Redemption Amount – Within AF Exchange redemptions that result in asset movement between the Fund and other American Funds. (See format note on Investment Amount.) |
Numeric |
13.2 |
|
Inter-fund Exchange – Out of AF into non-AF from EMIS Cash Flow |
|
19 |
Line of Business Code* (Format: right justified, zero filled) |
Alpha |
4 |
|
IRS Code from Case Profile translated to ‘0056’,’0078’,’0081’ |
|
20 |
Plan Name |
Alphanumeric |
70 |
|
Plan Sponsor Name from Case Profile |
|
21 |
Financial Adviser’s First Name |
Alpha |
15 |
|
Frstname from PAIS SAS data set |
|
22 |
Financial Adviser’s Middle Initial |
Alpha |
1 |
|
Midname from PAIS SAS data set |
|
23 |
Financial Adviser’s Last Name |
Alpha |
20 |
|
Lastname from PAIS SAS data set |
|
24 |
Financial Adviser’s Suffix Sr.,Jr.,III,etc. |
Alpha |
20 |
|
Suffix from PAIS SAS data set |
|
25 |
Financial Adviser’s Street Address 1 (Items 25-29 are the Address, City, State and Zip where the Rep works.) |
Alphanumeric |
35 |
|
Busline1 from PAIS SAS data set |
|
26 |
Financial Adviser’s Street Address 2 |
Alphanumeric |
35 |
|
Busline2 from PAIS SAS data set |
|
27 |
Financial Adviser’s City |
Alpha |
35 |
|
Busline3 from PAIS SAS data set |
|
28 |
Financial Adviser’s State |
Alpha |
2 |
|
Bustate from PAIS SAS data set |
|
29 |
Financial Adviser’s Zip |
Alphanumeric |
10 |
|
Buszip from PAIS SAS data set |
|
30 |
Month-end Assets (See format note on Investment Amount.) |
Numeric |
15.2 |
|
Phase 2 Request |
|
31 |
Month-end Share Balance |
Numeric |
11.4 |
|
Phase 2 Request |
|
32 |
Filler |
Alphanumeric |
40 |
|
|
Record Length = 517
Trailer Record: This is the last record in the file.
|
|
Field Name |
Format |
Length |
Required? |
ING SPEC |
|
33 |
‘T’ (Trailer Record Identifier) |
Alpha |
1 |
Y |
‘H’ – hard code |
|
34 |
Dealer Number |
Numeric |
7 |
Y |
? |
|
35 |
Number of Detail Records (Format: right justified, zero filled) |
Numeric |
9 |
Y |
System generated |
|
36 |
Total Investment Amount (See format note on Detail Record Investment Amount) |
Numeric |
15.2 |
Y |
System generated sum (12+13+14+15) |
|
37 |
Total Redemption Amount (See format note on Detail Record Investment Amount) |
Numeric |
15.2 |
Y |
System generated sum (16+17+18) |
Record Length = 51
*Codes to use for line of business:
|
Social Code |
Descriptions |
|
0056 |
457 Deferred Compensation (Non-CBT) |
|
59 |
Deferred Compensation/Rabbi Trust (Non-CBT) |
|
76 |
Retirement Plans/Other (Non-CBT) |
|
0078 |
403B ER & EE (Non-CBT) |
|
0081 |
401K (Non-CBT) |
|
83 |
Simple 401K (Non-CBT) |
|
250 |
PlanConnect 401(K) |
|
251 |
PlanConnect Money Purchase |
|
252 |
PlanConnect Profit Sharing |
|
253 |
PlanConnect 403(B) |
|
254 |
PlanConnect 457 |
|
255 |
PlanConnect Non-Qualified |
|
256 |
PlanConnect Defined Benefit |
ER = Employer sponsored
EE = Employee sponsored
CBT = Capital Bank & Trust