EX-99 12 ex99h2i.txt EXHIBIT 99H2I SCHEDULE B ---------- FUND ACCOUNTING AGREEMENT COMPENSATION SCHEDULE DELAWARE INVESTMENTS FAMILY OF FUNDS EFFECTIVE AS OF MAY 16, 2002 Fee Schedule for The Delaware Group of Funds -------------------------------------------- Part 1 -- Fees for Existing Portfolios Existing Portfolios are those so designated on Schedule A to the Fund Accounting Agreement between Delaware Service Company, Inc. and the Delaware Group of Funds dated as of August 19, 1996 ("Agreement"). Annual Asset Based Fees ----------------------- First $10 Billion of Aggregate Complex Net Assets 2.5 Basis Points Aggregate Complex Net Assets over $10 Billion 2.0 Basis Points Annual asset based fees will be charged at a rate of 2.5 basis points for the first $10 Billion of Aggregate Complex Net Assets. Aggregate Complex Net Assets over $10 Billion will be charged at a rate of 2.0 basis points. These fees will be charged to a Portfolio on an aggregated pro rated basis. Annual Minimum Fees ------------------- Domestic Equity Portfolio $35,000 Domestic Fixed Income Portfolio $45,000 International Series Portfolio $70,000 Per Class of Share Fee $ 4,000 There is an annual minimum fee that will be charged only if the annual asset based fee is less than the calculation for the minimum fee. This fee is based on the type and the number of classes per Portfolio. For an equity Portfolio $35,000 will be charged; for a fixed income Portfolio $45,000 will be charged, and for an international Portfolio $70,000 will be charged. For each class of shares, $4,000 will be charged, such amount to be prorated over a period of less than a year for any classes added after April 30, 1996. A total of all minimum fees will be compared to the total asset based fee to determine which fee is higher and, subsequently, will be used to bill the Companies. Part 2 -- Fees for New Portfolios For each Portfolio designated as a New Portfolio on Schedule A to the Agreement, there will be a fee of 2.0 basis points, providing that the Delaware complex net assets are above $10 Billion (the rate would be 2.5 basis points if under $10 Billion and then 2.0 basis points once the net assets cross $10 Billion), or an annual minimum fee calculated in the manner described above, whichever is higher. This new fee would be added to the total of Existing Portfolio fees and then pro rated. Fees shall not be charged for New Portfolios included on Schedule A until such Portfolios shall have commenced operations. Part 3 -- Sharing Facilities In the conduct of the business of the parties to this Agreement and in the performance of this Agreement, each party will bear its allocable portion of expenses common to each. AGREED AND ACCEPTED: DELAWARE SERVICE COMPANY, INC. DELAWARE GROUP ADVISER FUNDS DELAWARE GROUP CASH RESERVE DELAWARE GROUP EQUITY FUNDS I DELAWARE GROUP EQUITY FUNDS II DELAWARE GROUP EQUITY FUNDS III DELAWARE GROUP EQUITY FUNDS IV DELAWARE GROUP EQUITY FUNDS V DELAWARE GROUP FOUNDATION FUNDS DELAWARE GROUP GLOBAL & INTERNATIONAL FUNDS DELAWARE GROUP GOVERNMENT FUND DELAWARE GROUP INCOME FUNDS DELAWARE GROUP LIMITED-TERM GOVERNMENT FUNDS DELAWARE GROUP STATE TAX-FREE INCOME TRUST DELAWARE GROUP TAX-FREE FUND DELAWARE GROUP TAX-FREE MONEY FUND DELAWARE POOLED TRUST DELAWARE VIP TRUST VOYAGEUR INSURED FUNDS VOYAGEUR INTERMEDIATE TAX-FREE FUNDS VOYAGEUR INVESTMENT TRUST VOYAGEUR MUTUAL FUNDS I VOYAGEUR MUTUAL FUNDS II VOYAGEUR MUTUAL FUNDS III VOYAGEUR TAX-FREE FUNDS, for its series set forth in Schedule A to this Agreement By: /s/ Douglas L. Anderson By: /s/ David K. Downes ------------------------------------ -------------------------- Name: Douglas L. Anderson Name: David K. Downes Title: Senior Vice President/Operations Title: President