Common use of Total Return Fund Clause in Contracts

Total Return Fund. Effective January 1, 2015, the Adviser contractually agrees to reduce its management fee by 0.025% on aggregate net assets of the Fund and another fund that equal or exceed $3 billion. This expense limitation agreement expires on December 31, 2017, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time. APPENDIX G Retirement Living Portfolios’ Class Only Expense Limitation Agreement

Total Return Fund. Effective January 1, 2015, the Adviser contractually agrees to reduce its management fee by 0.025% on aggregate net assets of the Fund and another fund that equal or exceed $3 billion. This expense limitation agreement expires on December 31, 2017, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time. APPENDIX G Retirement Living Portfolios’ Class Only Expense Limitation AgreementAgreement Retirement Living Portfolios