Exhibit g(i) under N-1A
Exhibit 10 under Item 601/Reg SK
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STATE STREET
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IV WINDS FAMILY OF FUNDS - IV WINDS TREASURY MONEY MARKET FUND
U.S. CUSTODY, ACCOUNTING AND FUND ADMINISTRATION FEE SCHEDULE
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CUSTODY AND FUND ACCOUNTING: Maintain custody of fund assets. Settle portfolio
purchases and sales. Report buy and sell fails. Determine and collect portfolio
income. Make cash disbursements and report cash transactions in local and base
currency. Withhold foreign taxes. File foreign tax reclaims. Monitor corporate
actions. Report portfolio positions. Maintain investment ledgers, provide
selected general ledger reports, provide selected portfolio transactions,
position and income reports. Maintain general ledger and capital stock accounts.
Prepare daily trial balance. Calculate net asset value daily.
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ASSET FEE
FUND NET ASSETS ANNUAL FEES PER
Portfolio
Custody
First $100 Million 1.0 BP
Excess .50 BP
* Minimum Fee Per Fund
$15,000
Fund Accounting
First $250 Million 1.5 BP
Next $250 Million 1.0 BP
Excess .50 BP
Minimum Fee Per Fund $39,000
TRANSACTION FEE
EACH
Each DTC transaction $5.00
Each Fed Book Entry Transaction $3.75
Each Physical Transaction (NY/Bos., Private $15.00
Placement) $5.00
Government Paydowns $25.00
All other
FX 3rd Party $50.00
VALUATION FEE
SOURCE: MONTHLY QUOTE CHARGE
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Municipal Bonds via Kenny/S&P or Muller Data $16
Corporate, Municipal, Convertible, Government $13
Bonds and Adjustable Rate Preferred Stocks via
IDSI
Government, Corporate Bonds via Kenny/S&P or $11
Muller
Government, Corporate and Convertible Bonds via $11
Merrill Lynch
Foreign Bonds via Extel $10
Options, Futures and Private Placements $6
Listed Equities (including International) and OTC $6
Equities
For billing purposes, the monthly quote charge will be based on the number
of positions in each portfolio at month end.
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Reporting/
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preparation, NSAR preparation and filing, drafting of Form 24 notice,
audit co-ordination including completion of audit letters, rating and
survey agency reporting and daily and periodic client reporting
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Performance: Total returns (before and after tax) and SEC Yield
calculation oversight
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Treasury Services: Expense budgeting and invoice processing, distribution
forecasting, NAV oversight
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AVERAGE ASSETS BASIS POINTS: 1/100TH OF 1%
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First $250 Million/Fund 1.50
Next $250 Million/Fund 1.00
Excess 0.50
Minimum Fee per fund $45,000
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SPECIAL SERVICES:
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Fees for activities of a non-recurring nature such as fund consolidations or
reorganizations, extraordinary security shipments and the preparation of special
reports will be subject to negotiation. These services include, but are not
limited to, the following, self directed securities lending, linkages/feeds with
third party lending agents, development of customized reports, financial
reporting, and access to State Street systems.
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OUT-OF-POCKET EXPENSES:
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A billing for the recovery of applicable out-of-pocket expenses will be made as
of the end of each month. Out-of-pocket expenses include, but are not limited to
the following:
o Communications costs (telephone, o Third-party internal control
lease lines, etc.) review letter
o Wire charges ($3.00 in and out) o Subcustodian out-of-pocket
o Postage and insurance charges (market fees, registration
o Courier service fees, stamp duties, etc.)
o Non-recurring legal fees o SWIFT charges
o Printing of shareholder reports and o 17f-5 review
SEC filing o Travel and lodging for Board
meetings if attendance is required
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Payment:
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The above fees will be charged monthly against the fund's custodian checking
account five (5) days after the invoice is mailed to the fund's offices. This
fee schedule is effective upon commencement of operations.
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IV WINDS STATE STREET
FAMILY OF FUNDS
BY: BY:
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TITLE: TITLE:
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DATE: DATE:
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