Exhibit (h)(45)
Trust Fund/SERV Agreement dated _____, 2002 between One Group Dealer Services,
Inc. and The Depository Trust Company.
Page 1 of 7
Trust Fund/SERV Agreement
AGREEMENT entered into by and between One Group Dealer Services, Inc. ("Fund
Agent"), with its principal place of business in Columbus, Ohio and The
Depository Trust Company ("DTC") as agent, for the "Trust Entities" listed on
Exhibit A hereto as it may be amended by DTC in writing from time to time.
As used in this Agreement, the following terms shall have the following
meanings, unless a different meaning is clearly required by the context:
Funds shall mean, as applicable, (i) the Fund Agent, or (ii) the open-end
investment companies for which the Fund Agent serves as investment adviser,
administrator, principal underwriter, distributor and/or transfer agent.
Client-shareholders shall mean those clients of a Trust Entity who have entered
into an agreement with such Trust Entity and who maintain an interest in an
account with the Funds registered in the name of such Trust Entity.
Trust Entity shall mean a Trust Company or Trust Department of a Commercial Bank
which (i) acts in a fiduciary capacity on behalf of the Client-shareholders,
(ii) is a Participant of DTC, and (iii) has entered into an agreement with DTC
authorizing DTC to execute this Trust Fund/SERV Agreement as agent on its behalf
and (iv) is listed on Exhibit A as it may be amended from time to time.
Fund Agent is (i) an investment advisor to or administrator for the Funds, (ii)
the principal underwriter or distributor for the Funds, or (iii) the transfer
agent for the Funds.
WHEREAS, each Trust Entity possesses the authority to act on behalf of its
client-shareholders of the Funds ("Client-shareholders");
WHEREAS, each Trust Entity and either the Funds or the Funds, principal
underwriter or other agent "Underwriter" are members of the National Securities
Clearing Corporation ("NSCC") or otherwise have access to the NSCC's Fund/SERV
system;
WHEREAS, Fund/SERV permits the transmission of shareholder trade and
registration data between each Trust Entity and the Funds;
WHEREAS, the Fund Agent and each Trust Entity desire to participate in Fund/SERV
with each other;
WHEREAS, this Agreement shall inure to the benefit of and shall be binding upon
the undersigned and each such entity shall be either the Fund Agent or Trust
Entity for purposes of this agreement;
NOW, THEREFORE, in consideration of the mutual covenants herein contained, which
consideration is full and complete, the Fund Agent and each Trust Entity hereby
agree as follows:
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I: OBLIGATIONS OF THE FUND AGENT
-----------------------------
1. Transactions Subject to Fund/SERV
---------------------------------
On each business day that the New York Stock Exchange is open for
business and on which the Funds determine their per share net asset values
("Business Day"), the Fund Agent shall accept, and effect changes in its records
upon receipt of purchase, redemption, exchanges, and registration instructions
from any Trust Entity electronically through Fund/SERV ("Instructions") without
supporting documentation from the Client-shareholder in accordance with the
terms and conditions set forth in the Statement of operating Procedures attached
hereto as Appendix 1. On each Business Day, the Fund Agent shall accept for
processing any Instructions from the Trust Entity and shall process such
instructions in a timely manner.
2. Performance of Duties
---------------------
The Fund Agent shall perform any and all duties, functions, procedures
and responsibilities assigned to it under this agreement and as otherwise
established by the NSCC. The Fund Agent shall maintain facilities, equipment and
skilled personnel sufficient to perform the foregoing activities and to
otherwise comply with the terms of this Agreement. The Fund Agent shall conduct
each of the foregoing activities in a competent manner and in compliance with
(a) all applicable laws, rules and regulations, including NSCC rules and
procedures relating to Fund/SERV; (b) the then current prospectuses and
statements of additional information of the Funds; and (c) any provision
relating to Fund/SERV in any agreement between the Fund Agent and the
underwriter that would affect the Fund Agent's duties and obligations pursuant
to this Agreement.
3. Accuracy of Information, Transmissions Through, and Access to Fund/SERV
-----------------------------------------------------------------------
Confirmed trades and all other information provided by the Fund Agent
to a Trust Entity through Fund/SERV and pursuant to this Agreement shall be
accurate, complete, and in the format prescribed by the NSCC. The Fund Agent
shall adopt, implement and maintain procedures reasonably designed to ensure the
accuracy of all transmissions through Fund/SERV and to limit the access to, and
the inputting of data into, Fund/SERV to persons specifically authorized by the
Fund Agent.
4. Notice of Prospectus and Statement of Additional Information-Revisions
----------------------------------------------------------------------
The Fund or Fund Agent shall provide each Trust Entity with reasonable
notice of any material revisions to the Funds' prospectuses and statements of
additional information as are necessary to enable the Trust Entity to fulfill
its obligations under this Agreement
II. OBLIGATIONS OF THE TRUST ENTITY
-------------------------------
1. Transactions Subject to Fund/SERV
---------------------------------
Trust Entity certifies that all instructions delivered to Fund Agent on
any Business Day shall have been received by the Trust Entity from the
Client-shareholder by the close of trading (currently 4:00 PM New York time) an
the New York Stock Exchange (the "Close of Trading") on such Business Day and
that any instructions received by it after the close of Trading on any given
Business Day will be transmitted to Fund Agent on the next Business Day. Trust
Entity further certifies that all such Instructions received by it from a
Client-shareholder by the Close of Trading on any Business Day will be delivered
to Fund Agent on such Business Day.
2. Performance of Duties
---------------------
Each Trust Entity shall perform any and all duties, functions,
procedures and responsibilities assigned to it under this Agreement and as
otherwise established by the NSCC. Each Trust Entity shall maintain facilities,
equipment and skilled personnel sufficient to perform the foregoing activities
and to
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otherwise comply with the terms of this Agreement. Each Trust Entity shall
conduct each of the foregoing activities in a competent manner and in compliance
with (a) all applicable laws, rules and regulations, including DTC and NSCC
rules and procedures relating to Fund/SERV; and (b) the then current
prospectuses and statements of additional information of the Funds.
3. Accuracy of Information, Transmissions Through and Access to Fund/SERV
----------------------------------------------------------------------
Trade, registration, and if applicable, broker/dealer information
provided by a Trust Entity to the Fund Agent through Fund/SERV and pursuant to
this Agreement shall be accurate, complete, and in the format prescribed by the
NSCC. All instructions by a Trust Entity regarding each Fund/SERV Account shall
be true and correct and will have been duly authorized by the registered holder.
The Trust Entity shall adopt, implement and maintain procedures reasonably
designed to ensure the accuracy of all transmissions through Fund/SERV and to
limit the access to, and the inputting of data into, Fund/SERV to persons
specifically authorized by the Trust Entity.
4. Information Relating to Fund/SERV Transactions
----------------------------------------------
For each Fund/SERV transaction, including transactions establishing a
Client-shareholder account with the Fund Agent, each Trust Entity shall provide
the Funds and the Fund Agent with all information necessary or appropriate to
establish and maintain each Fund/SERV transaction (and any subsequent changes to
such information) which such Trust Entity hereby certifies is and shall remain
true and correct. Each Trust Entity shall maintain documents required by the
Funds to effect Fund/SERV transactions.
5. As-of Transactions
------------------
Processing errors which result from any delay or error caused by the
Trust Entity may be adjusted through Fund/SERV by the Trust Entity by the
necessary transactions on an as-of basis and the cost to the Fund or Fund Agent
of such transactions shall be borne by the Trust Entity; provided, however,
prior authorization must be obtained from the Fund Agent if the transaction is
back dated more than five days or to a previous calendar year.
6. Trade Confirmation
------------------
Any information provided by the Fund Agent to the Trust Entity
electronically through Fund/SERV and pursuant to this Agreement, shall satisfy
the delivery obligations as outlined by SEC Rule 10b-10 and as such, the Fund
Agent has the informed consent of the Trust Entity to suppress the delivery of
this information using paper-media. The Trust Entity will promptly verify
accuracy of confirmations of transactions and records received by the Fund Agent
through Fund/SERV.
7. Shareholder Reports and Other Documents; Solicitation of Proxies
----------------------------------------------------------------
Each Trust Entity shall timely deliver to each Client-shareholder all
reports and other documents provided to it by the Funds or the Fund Agent as is
required by applicable law or regulation and any agreement between the Trust
Entity and the Client-shareholder, provided that such Trust Entity has timely
received copies of such reports and/or documents. Subject to receipt by the Fund
or the Fund Agent of such supporting documentation as it may reasonably request,
the Fund Agent shall reimburse the Trust Entity for all reasonable out-of-pocket
expenses incurred by the Trust Entity in mailing all such reports and/or
documents as may be required to be delivered to Client-shareholders by
applicable law or regulation. The Fund or the Fund Agent and each Trust Entity
shall cooperate with each other in the solicitation and voting of proxies on
behalf of the Funds according to the Trust Entity's fiduciary responsibility as
written in any agreement between the Trust Entity and the Client-shareholder or
as required by state law or Federal Regulation.
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III. INDEMNIFICATION
---------------
1. Fund Agent
----------
The Fund Agent shall indemnify, defend, and hold harmless DTC, each
Trust Entity, and each of the Trust Entity's divisions, affiliates,
subsidiaries, directors, officers, agents, employees and assigns of each of the
foregoing (collectively, "Indemnified Trust Entity Parties"), against and from
any and all demands, damages, liabilities, and losses, or any pending or
completed actions, claims, suits, complaints, proceedings, or investigations
(including reasonable attorneys, fees and other costs, including all expenses of
litigation or arbitration, judgments, fines or amounts paid in any settlement
consented to by the Fund Agent) to which any of them may be or become subject to
as a result or arising out of (a) any negligent act or omission by a Fund or its
Agent(s), except to the extent caused by an Indemnified Trust Entity's
negligence or intentional misconduct; (b) any breach of the Fund's or the Fund
Agent's representations or warranties contained in this Agreement; or (c) the
Fund's or the Fund Agent's failure to comply with any of the terms of this
Agreement or of applicable law.
2. Trust Entity
------------
Each Trust Entity shall indemnify, defend, and hold harmless the
Funds, the Funds' custodian, the Funds' underwriter, the Funds' investment
advisor, the Fund Agent, the Funds' transfer agent/shareholder servicing agent,
each of their affiliated companies, and all of the divisions, subsidiaries,
directors, trustees, officers, agents, employees and assigns of each of the
foregoing (collectively, "Indemnified Fund Parties"), against and from any and
all demands, damages, liabilities, and losses, or any pending or completed
actions, claims, suits, complaints, proceedings, or investigations (including
reasonable attorneys, fees and costs, including all other expenses of litigation
or arbitration, judgments, fines or amounts paid in any settlement consented to
by such Trust Entity) to which any of them may be or become subject to as a
result or arising out of (a) any negligent act or omission by such Trust Entity,
such Trust Entity's correspondents, or, their agents, except to the extent
caused by an Indemnified Fund Party's negligence or intentional misconduct; (b)
any breach of such Trust Entity's or DTC's representations or warranties in this
Agreement; (c) the failure of such Trust Entity or such Trust Entity's
correspondents or agents to comply with any of the terms of this Agreement or of
applicable law; or (d) the Fund Agent's acceptance of any transaction or account
maintenance information from such Trust Entity through Fund/SERV including any
fraudulent transaction by either such Trust Entity or the Client-shareholder.
3. Notice and Opportunity to Defend
--------------------------------
If any action, suit, proceeding, or investigation is initiated, or any
claim or demand is made, against any Party indemnified herein with respect to
which such Party ("Indemnified Party") may make a claim against any other Party
hereto ("Indemnifying Party") pursuant to this Section III, then the Indemnified
Party shall give prompt written notice of such action, suit, proceeding,
investigation, claim or demand to the Indemnifying Party. Thereafter, the
Indemnifying Party shall have the opportunity, at its own expense and with its
own counsel, to defend or settle such action, suit, proceeding, investigation,
claim or demand; provided, however, that: (a) the Indemnifying Party shall keep
the Indemnified Party informed of all material developments and events relating
to such action, suit, proceeding, investigation, claim or demand; (b) the
Indemnified Party shall have the right to participate, at its own expense in the
defense of such action, suit, proceeding, investigation, claim or demand and
shall cooperate as reasonably requested by the Indemnifying Party in the defense
thereof; and (c) the Indemnifying Party shall not settle such action, suit,
proceeding, investigation, claim or demand without the prior written consent of
the Indemnified Party, which consent shall not be unreasonably withheld.
IV. MISCELLANEOUS
-------------
1. Overpayment to the Trust Entity
-------------------------------
Page 5 of 7
In the event any overpayment is made to a Trust Entity by the Fund
Agent, such Trust Entity shall promptly repay such overpayments to the Fund
Agent after such Trust Entity receives notice of such overpayment.
2. Overpayments to the Fund Agent
------------------------------
In the event any overpayment is made to the Fund Agent by a Trust
Entity, the Fund Agent shall promptly repay such overpayment to such Trust
Entity after the Fund Agent receives notice of such overpayment.
3. Termination
-----------
This agreement shall continue in effect until terminated. The Fund
Agent may terminate this agreement, in its entirety or as to any Trust Entity,
at any time by written notice to DTC, as agent for the Trust Entities, 30 days
prior to the termination date. Any Trust Entity may terminate its participation,
in this Agreement, by written notice to both DTC and Fund Agent, 30 days prior
to the termination date. Such termination by the Fund Agent, or termination of
participation by any Trust Entity, shall not affect the payment or repayment of
fees on transactions, if any, prior to the termination date. Termination also
will not affect the indemnities given under this Agreement. This Agreement may
be amended in writing at any time by mutual agreement of the Fund Agent, DTC,
and any Trust Entity affected by the amendment.
4. Conflicting Agreements
----------------------
Any provision of this agreement and the Statement of Operating
Procedures, or other understanding between the Fund Agent and any Trust Entity
relating to Fund/SERV that is inconsistent with this Agreement shall be null and
void. Nothing contained in this Agreement, however, shall be construed to limit
or restrict any party's compliance with any law, regulation or order to which
such party is subject or to prevent the parties from supplementing this
Agreement by agreeing to additional duties, obligations, representations,
warranties and/or higher standards of care with respect thereto.
5. Assignment
----------
Neither the Fund Agent nor any Trust Entity may assign this Agreement
without the prior written consent of each other party, and any attempted
assignment without such consent shall be null and void; provided, however, a
change in control of any party shall not constitute an assignment of this
Agreement.
6. Law
---
This Agreement shall be governed by and its provisions shall be
construed in accordance with the laws of the State of New York.
7. Severability
------------
If any provision of this Agreement is held to be invalid, the remaining
provisions of the Agreement shall continue to be valid and enforceable.
8. Notice
------
Any notice or amendment required or permitted hereunder shall be in
writing and shall be given by personal service, mail, or facsimile to the
address set forth below (and to any Trust Entity at the address listed an
Exhibit A. Notice shall be effective upon receipt if by mail, on the date of
personal delivery (by private messenger, courier service or otherwise), or upon
receipt of facsimile, whichever occurs first at:
Page 6 of 7
Agent for
Trust Entity: The Depository Trust company
▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇
Attention: General Counsel's Office
Fund Agent: One Group Dealer Services, Inc.
▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇-▇▇▇▇
Attention: ▇▇▇▇ ▇. ▇▇▇▇▇▇
9. Waiver
------
The failure of the Fund Agent, DTC or a Trust Entity to insist upon
strict adherence to any provision of this Agreement on any occasion shall not be
considered a waiver nor shall it deprive such party of the right thereafter to
insist upon strict adherence to that provision or any other provision of this
Agreement.
10. No Agency or Sale of Securities
-------------------------------
Neither the Trust Entity nor the Fund Agent shall be authorized to act
for or represent the other or in any way be deemed a partner of the other. The
services contemplated by this Agreement do not constitute the sale of securities
between the Trust Entity and the Fund Agent.
11. Insurance by Trust Entity
-------------------------
At all times each Trust Entity shall maintain insurance coverage that
is reasonable and customary in light of all its responsibilities hereunder. Such
coverage shall insure for losses resulting from the criminal acts or errors and
omissions of such Trust Entity's employees and agents.
12. Insurance by Fund
-----------------
At all times the Fund and the Fund Agent shall each maintain insurance
coverage that is reasonable and customary in light of their respective
responsibilities hereunder. Such coverage shall insure for losses resulting from
the criminal acts or errors and omissions of the Fund's employees and agents.
13. Role of DTC
-----------
DTC represents that it has been authorized by each Trust Entity to act
as the Trust Entity's agent solely to enter into and bind each Trust Entity to
this Agreement. Fund Agent acknowledges that (i) DTC's role with respect to this
Agreement is limited to that of agent for each Trust Entity to facilitate the
execution of this Agreement, and (ii) DTC has no duties or obligations with
respect to this Agreement except those expressly set forth herein, and (iii)
this Agreement does not make DTC responsible for the actions or failure to act
of any Trust Entity.
Page 7 of 7
IN WITNESS WHEREOF, the undersigned has caused this Agreement to be
executed as of the date first above written.
ATTEST: FUND AGENT
--------------------------------- --------------------------------------
By: By:
---------------------------- ----------------------------------
Title: Title:
------------------------- ------------------------------
Date: Date:
-------------------------- --------------------------------
ATTEST: THE DEPOSITORY TRUST COMPANY
As Agent for the Trust Entities
listed on Exhibit A hereto
/s/
--------------------------------- --------------------------------------
By: By:
---------------------------- ----------------------------------
Title: Title:
------------------------- ------------------------------
Date: Date:
---------------------------- --------------------------------
ATTACHMENTS:
Exhibit A -- List of Trust Entities
Appendix I -- Statement of Operating Procedures
Appendix I
Statement of Operating Procedures
Trust Processing
The Statement of Operating Procedures defines the account relationships for
trust processing. The Trust Entity will determine the account relationships.
Example #1 - Fund Account with Trust Relationship but NO Broker/Dealer Defined
------------------------------------------------------------------------------
Registration: Trust Co. FBO
Client Shareholder
Trust Co. Address
Clearing/Settling Broker: Trust Entity
Trust Entity: Defined on Account
Agent for Firm (Executing Broker): None
Fund accepts trades and gross settlements through Fund/SERV directly from the
Trust Entity.
Example #2 - Fund Account with Trust and Broker/Dealer Relationship Defined
---------------------------------------------------------------------------
Registration: Trust Co. FBO
Client Shareholder
Trust Co. Address
Clearing/Settling Broker: Trust Entity
Trust Entity: Defined on Account
Agent for Firm (Executing Broker): Defined on Account
Fund accepts trades and gross settlements through Fund/SERV directly from the
Trust Entity.
Fund accepts trades and net settlements through Fund/SERV from the
Broker/Dealer.
Fund is required to send activity files to the non-settling party.
Exhibit A
DTC Master Trust Fund/SERV Agreement - Participation List
---------------------------------------------------------
December 29, 1998
The following mutual fund company(ies) have recently signed DTC's Master
Trust Fund/SERV Agreement.
Mutual Fund Company Effective Date
------------------- --------------
The following DTC Participant(s) have recently signed the supporting DTC
Fund/SERV Interface Participant's Agreement.
DTC Participant Effective Date
--------------- --------------
The following is a compiled list of mutual fund companies and DTC Participants
that are participating under DTC's Master Trust Fund/SERV Agreement.
Mutual Fund Companies
---------------------
1. Achievement Funds/SEI Investments 48. CitiSelect/CitiFunds
2. Addison Capital/▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, Inc. 49. ▇▇▇▇▇ & Steers Securities, Inc.
3. Adviser Dealer Services 50. Crabbe Huson Securities, Inc.
4. Advisors' Inner Circle Fund/SEI Investments 51. CrestFunds, Inc./SEI Investments
5. Aetna Investment Services, Inc. 52. Countrywide Investments, Inc.
6. AIM Distributors, Inc. 53. CVO Greater China Funds/BISYS Fund Services
7. Alliance Capital 54. ▇▇▇▇▇ Distributors UC
S. Alpine Mutual Funds/BISYS Fund Services 55. ▇▇▇▇ Funds/Countrywide Investments, Inc.
9. ALPS Mutual Funds Services, Inc. 56. Declaration Distributors, Inc.
10. American Aadvantage Funds/Brokers Transaction Services 57. Delaware Service Company
11. American Funds Service Company 58. Dominion Capital Corp./Fund Services, Inc.
12. American Growth Fund Sponsors, Inc. 59. Dreyfus Funds/Premier Mutual Fund Services
13. American Performance/BISYS Fund Services 60. ▇▇▇▇▇ ▇▇▇▇▇ Management
14. American Trust Allegiance Funds/First Fund Distrib., Inc. 61. Emerald Funds/BISYS Fund Services
15 AmeriPrime Financial Securities, Inc. 62. Empire Builder Mutual Funds/BISYS Fund Services
16. Ameristar Funds/BISYS Fund Services 63. Equity Strategies Funds/FPS Services, Inc.
17. AmSouth Funds/BISYS Fund Services 64. ESC Funds/BISYS Fund Services
18. AMT Capital Services, Inc. 65. Eureka Funds/BISYS Fund Services
19. Aquila Distributors, Inc. 66. Evergreen Service Company
20. Arbor Funds/SEI Investments 67. Expedition Funds/SEI Investments
21. Arch Funds BISYS Fund Services 68. Federated Securities Corp.
22. Aniel Distributors, Inc. 69. Fidelity Investments, Inc.
23. ARK Funds/SEI Investments 70. First American Funds/SEI Investments
24. Armada Funds/SEI Investments 71. First ▇▇▇▇▇▇; n Capital Corp./Fund Services, Inc.
25. ▇▇▇▇▇▇▇ and ▇. ▇▇▇▇▇▇▇▇▇▇▇▇, Inc. 72. First Eagle Funds
26. Banc Stock Financial Services, Inc. 73. 1st Source Monogram/BISYS Fund Services
27. Baron Capital, Inc. 74. ▇▇▇▇▇▇▇, ▇▇▇▇▇ & ▇▇▇▇▇▇/Countrywide Investments, Inc.
28. ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Funds/BISYS Fund Services 75. FMB Funds/SEI Investments
29. BB&T Funds/BISYS Fund Services 76. Focus Capital Advisory L.P./FPS Services, Inc.
30. ▇.▇. ▇▇▇▇▇▇▇ and Company 77. Fortis Financial Group
31. Beacon Funds/FPS Services, Inc. 78. Forward Funds, Inc./First Data Corp.
32. Bear Steams Asset Management, Inc. 79. Founders Funds/Premier Mutual Fund Services
33. ▇▇▇▇▇▇ Distributors, Inc. 80. Fountain Square Funds/BISYS Fund Services
34. Bjurman Funds/FPS Services, Inc. 81. Fountain Square Intl Equity Fund/BISYS Fund Services
35. BNY ▇▇▇▇▇▇▇▇ Funds/BISYS Fund Services 82. Franklin ▇▇▇▇▇▇▇▇▇ Distributors, Inc.
36. Brandywine Funds/Firstar 83. ▇▇▇▇ ▇▇▇▇▇ & Company
37. ▇▇▇▇▇▇▇ Funds/BISYS Fund Services 84. Fremont Funds/First Fund Distributors, Inc.
38. ▇▇▇▇▇▇▇ Securities Inc. 85. Gabelli & Company, Inc.
39. Calamos Funds/FPS Services, Inc. 86. The Galaxy Funds, Inc./First Data Corp.
40. California Investment Trust Funds/Firstar 87. GAM Services, Inc.
41. ▇▇▇▇▇▇▇ Distributors Inc. 88. GFFM Funds/First Fund Distributors, Inc.
42. Capital Investment Group 89. Govett Funds/FPS Services, Inc.
43. Capstone Asset Planning Company 90. Guinness Flight Offshore Funds/First Fund Distributors, Inc.
44. Centura Funds/BISYS Fund Services 91. ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ & ▇▇▇▇▇ Funds/First Fund Distributors, Inc.
45. Chase Vista Fund Distributors 92. The Hartford Mutual Funds, Inc.
46. Chicago Title & Trust/First Data Corp. 93. Heartland Funds/Firstar
47. Choice Investments, Inc. 94. Henlopen Fund/Firstar
229. Walnut Investment Trust/Countrywide Investments, Inc. 236. Wood ▇▇▇▇▇▇▇▇▇ Funds/FPS Services, Inc.
230. Warburg Pincus Funds/Counsellors Securities Inc. 237. Yacktman Funds/Firstar
231. ▇▇▇▇▇ ▇▇▇▇▇▇ Investments LLC 238. Yorktown Distributors, Inc./Fund Services, Inc.
232. Willamette Mutual Funds/BISYS Fund Services 239. Zurich ▇▇▇▇▇▇ Service Company
233. ▇▇▇▇▇▇▇ ▇▇▇▇▇ & Company LLC 240. ▇▇▇▇▇ Securities Corp.
234. Wilshire Funds/First Data Corp.
235. WM Group of Funds
DTC Participants
----------------
1. Associated ▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇, ▇.▇., #▇▇▇▇ 24. IBJ ▇▇▇▇▇▇▇▇ Bank & Trust Company, #0945
2. Bankers Trust Company of New York, #903 25. Imperial Trust Company, #2269
3. Bankers Trust Company of New York, #2177 (Subaccount) 26. Investors Bank & Trust Company, #2132
4. Bank of America Personal Trust, #2130 27. ▇▇▇▇▇▇▇, ▇.▇., #▇▇▇▇
5. Bank ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇.▇., #▇▇▇▇ 28. ▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇.▇., #▇▇▇▇
6. Boston Safe Deposit & Trust Company, #0954 29. ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇. ▇▇▇▇▇, ▇.▇., #▇▇▇▇
7. Central Trust Bank, #2878 30. Mercantile Safe Deposit & Trust Company, #0976
8. CNA Trust Corporation, #2664 31. Michigan National Bank, #0986
9. Comerica Bank, #2108 32. Northern Trust Company, #2669
10. ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇.▇., #▇▇▇▇ 33. ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇.▇., #▇▇▇▇
11. Compass Bank, #2484 34. ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇.▇., #▇▇▇▇
12. ▇▇▇▇▇▇▇ ▇▇▇▇, #▇▇▇▇ 35. ▇▇▇ ▇▇▇▇ ▇▇▇▇, #▇▇▇▇
13. Fiduciary Trust Company International, #0937 36. ▇▇▇ ▇▇▇▇, ▇.▇., #▇▇▇▇
14. First National Bank of Maryland, #2128 37. Republic ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇, #▇▇▇▇
15, First National Bank of Omaha, #2254 38. SEI Trust Company, #2039
16. First Premier Bank, #2557 39. Star Bank, N.A., #2219
17. First Trust Corp., #2258 40. ▇▇▇ ▇▇▇▇, ▇.▇., #▇▇▇▇
18. First Union National Bank, #0929 41. ▇▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇.▇., #▇▇▇▇
19. Fleet ▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇, ▇.▇., #▇▇▇▇ 42. ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇.▇., #▇▇▇▇
20. FUNB-Phila. Main, #2163 43. ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇, ▇.▇., #▇▇▇▇
21. The Glenmede Trust Company, #2139 44. Wilmington Trust Company, #2215
22. ▇▇▇▇▇▇ Trust & Savings Bank, #2697 45. Zions First National Bank, #2104
23. Huntington National Bank, #2305
Note. DTC Participants must call the corresponding mutual fund company for
start-up procedures before processing transactions through Fund/SERV. Contact
names and phone numbers can be found in the NSCC Mutual Fund Services Contact
List.
