SIXTH AMENDMENT TO EXPENSE LIMITATION AGREEMENT
THIS SIXTH AMENDMENT ("Amendment") to the Expense Limitation Agreement, as
previously amended ("Agreement") between ICON Funds (the "Trust") and ICON
Advisers, Inc. (the "Adviser") is made this 9th day of August 2005.
WHEREAS, the Trust and the Adviser entered into an Agreement whereby the
Adviser agreed to pay expenses related to Class C, Class I and Class Z shares
of the ICON Covered Call Fund, ICON Equity Income Fund and ICON Long/Short
Fund (the "Funds") to the extent that Total Fund Operating Expenses of each
class of the Funds exceeded the limits set forth in Schedule A to the
Agreement.
The Trust and the Adviser hereby amend the Agreement to extend its term
through January 31, 2016. All other terms of the Agreement shall remain in
full force and effect.
This Amendment has been executed as of the date set forth above by a duly
authorized officer of each party.
ICON FUNDS ICON ADVISERS, INC.
By:__________________________ By:_____________________________
Name: _______________________ Name: __________________________
Title: ________________________ Title: ___________________________