Exhibit 8(f)
April 30, 1999
Xx. Xxxx X. Xxxxxxx
Treasurer
Xxxxxxx Insurance Funds
000 X Xxxxxx
Xxxxxx, XX 00000
RE: Xxxxxxx Insurance Funds -- Multi-Style Equity Fund ("Fund")
Dear Xxxx:
Xxxxx Xxxxxxx Investment Management Company ("FRIMCo"), as manager of Xxxxxxx
Insurance Funds ("RIF"), agrees to waive, until April 30, 2000, a portion of its
0.78% management fee, up to the full amount of that fee, equal to the amount by
which the Fund's total operating expenses exceed 0.92% of the Fund's daily net
assets on an annual basis. XXXXXx also agrees to reimburse the Fund for all
remaining expenses, after fee waivers, that exceed 0.92% of average daily net
assets on an annual basis. This agreement, which supersedes any prior voluntary
waiver or reimbursement arrangements, may, at FRIMCo's option, continue after
that date, but may be revised or eliminated at any time thereafter without
notice. If this arrangement is acceptable to you, please sign below to indicate
your acceptance and agreement and return a copy of this letter to me.
Sincerely,
XXXXX XXXXXXX INVESTMENT
MANAGEMENT COMPANY
By:________________________________
Xxxx X. Xxxxxxx
President
Accepted and Agreed:
XXXXXXX INSURANCE FUNDS
By:________________________________
Xxxx X. Xxxxxxx
Treasurer
Exhibit 8(f)
April 30, 1999
Xx. Xxxx X. Xxxxxxx
Treasurer
Xxxxxxx Insurance Funds
000 X Xxxxxx
Xxxxxx, XX 00000
RE: Xxxxxxx Insurance Funds -- Aggressive Equity Fund ("Fund")
Dear Xxxx:
Xxxxx Xxxxxxx Investment Management Company ("FRIMCo"), as manager of Xxxxxxx
Insurance Funds ("RIF"), agrees to waive, until April 30, 2000, a portion of its
0.95% management fee, up to the full amount of that fee, equal to the amount by
which the Fund's total operating expenses exceed 1.25% of the Fund's average
daily net assets on an annual basis. XXXXXx also agrees to reimburse the Fund
for all remaining expenses, after fee waivers, that exceed 1.25% of average
daily net assets on an annual basis.. This agreement, which supersedes any
prior voluntary waiver or reimbursement arrangements, may, at FRIMCo's option,
continue after that date, but may be revised or eliminated at any time
thereafter without notice. If this arrangement is acceptable to you, please
sign below to indicate your acceptance and agreement and return a copy of this
letter to me.
Sincerely,
XXXXX XXXXXXX INVESTMENT
MANAGEMENT COMPANY
By:________________________________
Xxxx X. Xxxxxxx
President
Accepted and Agreed:
XXXXXXX INSURANCE FUNDS
By:________________________________
Xxxx X. Xxxxxxx
Treasurer
Exhibit 8(f)
April 30, 1999
Xx. Xxxx X. Xxxxxxx
Treasurer
Xxxxxxx Insurance Funds
000 X Xxxxxx
Xxxxxx, XX 00000
RE: Xxxxxxx Insurance Funds -- Non-U.S. Fund ("Fund")
Dear Xxxx:
Xxxxx Xxxxxxx Investment Management Company ("FRIMCo"), as manager of Xxxxxxx
Insurance Funds ("RIF"), agrees to waive, until April 30, 2000, a portion of its
0.95% management fee, up to the full amount of that fee, equal to the amount by
which the Fund's total operating expenses exceed 1.30% of the Fund's average
daily net assets on an annual basis. XXXXXx also agrees to reimburse the Fund
for all remaining expenses, after fee waivers, that exceed 1.30% of average
daily net assets on an annual basis. This agreement, which supersedes any prior
voluntary waiver or reimbursement arrangements, may, at FRIMCo's option,
continue after that date, but may be revised or eliminated at any time
thereafter without notice. If this arrangement is acceptable to you, please
sign below to indicate your acceptance and agreement and return a copy of this
letter to me.
Sincerely,
XXXXX XXXXXXX INVESTMENT
MANAGEMENT COMPANY
By:________________________________
Xxxx X. Xxxxxxx
President
Accepted and Agreed:
XXXXXXX INSURANCE FUNDS
By:________________________________
Xxxx X. Xxxxxxx
Treasurer
Exhibit 8(f)
April 30, 1999
Xx. Xxxx X. Xxxxxxx
Treasurer
Xxxxxxx Insurance Funds
000 X Xxxxxx
Xxxxxx, XX 00000
RE: Xxxxxxx Insurance Funds -- Core Bond Fund ("Fund")
Dear Xxxx:
Xxxxx Xxxxxxx Investment Management Company ("FRIMCo"), as manager of Xxxxxxx
Insurance Funds ("RIF"), agrees to waive, until April 30, 2000, a portion of its
0.60% management fee, up to the full amount of that fee, equal to the amount by
which the Fund's total operating expenses exceed 0.80% of the Fund's average
daily net assets on an annual basis. XXXXXx also agrees to reimburse the Fund
for all remaining expenses, after fee waivers, that exceed 0.80% of average
daily net assets on an annual basis. This agreement, which supersedes any prior
voluntary waiver or reimbursement arrangements, may, at FRIMCo's option,
continue after that date, but may be revised or eliminated at any time
thereafter without notice. If this arrangement is acceptable to you, please
sign below to indicate your acceptance and agreement and return a copy of this
letter to me.
Sincerely,
XXXXX XXXXXXX INVESTMENT
MANAGEMENT COMPANY
By:________________________________
Xxxx X. Xxxxxxx
President
Accepted and Agreed:
XXXXXXX INSURANCE FUNDS
By:________________________________
Xxxx X. Xxxxxxx
Treasurer
Exhibit 8(f)
April 30, 1999
Xx. Xxxx X. Xxxxxxx
Treasurer
Xxxxxxx Insurance Funds
000 X Xxxxxx
Xxxxxx, XX 00000
RE: Xxxxxxx Insurance Funds -- Real Estate Securities Fund ("Fund")
Dear Xxxx:
Xxxxx Xxxxxxx Investment Management Company ("FRIMCo"), as manager of Xxxxxxx
Insurance Funds ("RIF"), agrees to waive, until April 30, 2000, a portion of its
management fee, up to the full amount of that fee, equal to the amount by which
the Fund's total operating expenses exceed 1.15% of the Fund's average daily net
assets on an annual basis. XXXXXx also agrees to reimburse the Fund for all
remaining expenses, after fee waivers, that exceed 1.15% of average daily net
assets on an annual basis. This agreement, which supersedes any prior voluntary
waiver or reimbursement arrangements, may, at FRIMCo's option, continue after
that date, but may be revised or eliminated at any time thereafter without
notice. If this arrangement is acceptable to you, please sign below to indicate
your acceptance and agreement and return a copy of this letter to me.
Sincerely,
XXXXX XXXXXXX INVESTMENT
MANAGEMENT COMPANY
By:________________________________
Xxxx X. Xxxxxxx
President
Accepted and Agreed:
XXXXXXX INSURANCE FUNDS
By:________________________________
Xxxx X. Xxxxxxx
Treasurer
