EX-99.13.A.I 10 a18-3689_1ex99d13dadi.htm EX-99.13.A.I

Ex-99.13.a.i

 

FORM OF

 

[             ], 2018

 

Alan Goodson

Aberdeen Asset Management Inc.

1735 Market St.

32nd Floor

Philadelphia PA, 19103

 

VIA HAND DELIVERY

 

Dear Mr. Goodson,

 

Reference is made to the Administration Agreement made between Aberdeen Funds and Aberdeen Asset Management Inc. (the “Administrator”) dated as of February 7, 2008, as amended and supplemented (the “Agreement”).  This letter is to provide notice of the establishment of the following seven (7) new series (collectively, the “New Series”) of Aberdeen Funds (the “Funds”): (1) Aberdeen Dynamic Dividend Fund; (2) Aberdeen Global Infrastructure Fund; (3) Aberdeen High Yield Managed Duration Municipal Fund; (4) Aberdeen International Real Estate Equity Fund; (5) Aberdeen Realty Income & Growth Fund; (6) Aberdeen Income Builder Fund; and (7) Aberdeen Ultra Short Municipal Income Fund.  We request that you act as Administrator for the aforementioned New Series under the terms of the Agreement.

 

The foregoing changes are reflected in the attached amended and restated Exhibit B to the Agreement, to be effective November 15, 2017.

 

Please indicate your acceptance of the foregoing by executing this letter and the attached Exhibit B.

 

 

Sincerely,

 

 

 

ABERDEEN FUNDS

 

 

 

 

 

By:

 

 

Name:

Lucia Sitar

 

Title:

Vice President

 

Acknowledged by:

 

ABERDEEN ASSET MANAGEMENT INC.

 

 

 

 

 

By:

 

 

Name:

Alan Goodson

 

Title:

Director and Vice President

 

 



 

EXHIBIT B

ABERDEEN FUNDS

Fund Administration Agreement

 

Fee Schedule

 

Effective June 1, 2010

As amended effective [           ], 2018

 

Fees

 

The Trust shall pay fees to the Administrator, as set forth in the schedule directly below, for the provision of services covered by this Agreement. Fees will be computed daily and payable monthly at an annual rate based on the aggregate amount of the Trust’s average daily net assets. The Trust will also be responsible for out-of-pocket expenses (including, but not limited to, the cost of the pricing services that the Administrator utilizes and any networking fees paid as out-of-pocket expenses) reasonably incurred by the Administrator and in providing services to the Trust.  All fees and expenses shall be paid by the Trust to the Administrator on behalf of the Administrator.

 

 

 

Aggregate Fee as a

 

Fund Asset Level

 

Percentage of Fund Net Assets

 

All Assets

 

0.08

%

 

The asset-based fees are subject to an annual minimum fee equal to the number of Funds multiplied by $25,000.  If the asset-based fees do not meet the annual minimum, the amount needed to meet the minimum will be paid by the Funds on a pro rata basis, according to each Fund’s average net assets.

 

Funds of the Trust

 

Aberdeen Global Equity Fund

Aberdeen China Opportunities Fund

Aberdeen Emerging Markets Fund
(formerly, Aberdeen Emerging Markets Institutional Fund)

Aberdeen International Equity Fund

Aberdeen Focused U.S. Equity Fund
(formerly, Aberdeen Equity Long-Short Fund)

Aberdeen Dynamic Allocation Fund
(formerly, Aberdeen Optimal Allocations Fund: Moderate Growth)

Aberdeen Diversified Income Fund
(formerly, Aberdeen Optimal Allocations Fund: Moderate)

Aberdeen Diversified Alternatives Fund
(formerly, Aberdeen Optimal Allocations Fund: Specialty)

 



 

Aberdeen U.S. Small Cap Equity Fund
(formerly, Aberdeen Small Cap Fund)

Aberdeen International Small Cap Fund
(formerly, Aberdeen Global Small Cap Fund)

Aberdeen Asia Pacific (ex-Japan) Equity Fund

Aberdeen Global Unconstrained Fixed Income Fund
(formerly, Aberdeen Global Fixed Income Fund)

Aberdeen Asia Bond Fund

Aberdeen Tax-Free Income Fund

Aberdeen U.S. Multi-Cap Equity Fund
(formerly, Aberdeen U.S. Equity Fund)

Aberdeen Emerging Markets Debt Fund

Aberdeen Japanese Equities Fund

Aberdeen U.S. Mid Cap Equity Fund

Aberdeen Dynamic Dividend Fund

Aberdeen Global Infrastructure Fund

Aberdeen High Yield Managed Duration Municipal Fund

Aberdeen International Real Estate Equity Fund

Aberdeen Realty Income & Growth Fund

Aberdeen Income Builder Fund

Aberdeen Ultra Short Municipal Income Fund

 

 

ABERDEEN FUNDS

 

 

 

By:

 

 

Name:

Lucia Sitar

 

Title:

Vice President

 

 

 

ABERDEEN ASSET MANAGEMENT INC.

 

 

 

By:

 

 

Name:

Alan Goodson

 

Title:

Director and Vice President