EX-99.28 16 fp0086227-1_ex9928n1.htm

AMENDED RULE 18f-3 PLAN

 

1.              A portfolio (“Portfolio”) of The RBB Fund, Inc. (“Company”) may issue more than one class of voting stock (“Class”), provided that:

 

(a)          Each such Class:

 

(1)          (i) Shall have a different arrangement for shareholder services or the distribution of securities or both, and shall pay all of the expenses of that arrangement; and

 

(ii) May pay a different share of other expenses, not including advisory or custodial fees or other expenses related to the management of the Portfolio’s assets, if those expenses are actually incurred in a different amount by that Class, or if the Class receives services of a different kind or to a different degree than other Classes;

 

(2)       Shall have exclusive voting rights on any matter submitted to shareholders that relates solely to its arrangement;

 

(3)       Shall have separate voting rights on any matter submitted to shareholders in which the interests of one Class differ from the interests of any other Class; and

 

(4)       Shall have in all other respects the same rights and obligations as each other class.

 

(b)       Expenses may be waived or reimbursed by the Portfolio’s adviser, underwriter, or any other provider of services to the Portfolio.

 

(c)          (1)       Any payments made under paragraph (a)(1)(i) of this Amended Rule 18f-3 Plan (the “Plan”) shall conform to Appendix A to this Plan, as such Appendix A shall be amended from time to time by the Board of Directors of the Company (“Board”).

 

(2)       Before any vote on the Plan or Appendix A, the Directors shall be provided, and any agreement relating to a Class arrangement shall require the parties thereto to furnish, such information as may be reasonably necessary to evaluate the Plan.

 

(3)       The provisions of the Plan in Appendix A are severable for each Class, and whenever any action is to be taken with respect to the Plan in Appendix A, that action will be taken separately for each Class.

 

(d)       A Portfolio may offer a Class with an exchange privilege providing that securities of the Class may be exchanged for certain securities of another Portfolio or another Class of the same Portfolio. Such exchange privileges are summarized in Appendix B, as may be modified by the Board from time to time, and are set forth in greater detail in the prospectuses of each of the Classes.

 

 

Appendix A

 

RBB FUND

Current Distribution Fee Levels

As of December 20, 2023

 

Adviser / Series Class Class Designation 12b-1 Plan Non 12b-1 Front-End Sales Charge
Abbey Capital Limited          
Abbey Capital Futures Strategy Fund Class A RRRRR 0.25% No 5.75%
  Class C SSSSS 1.00% No No
 

Class I

TTTTT

No

No

No

  Class T NNNNNN 0.25% No 2.50%
Abbey Capital Multi Asset Fund Class I VVVVVV No No No
  Class A WWWWWW 0.25% No 5.75%
  Class C XXXXXX 1.00% No No
           
Altair Advisers LLC          
Adara Smaller Companies Fund 1 Class UUUUU No No No
Aquarius International Fund 1 Class UUUUUU No No No
           
Boston Partners Global Investors, Inc.          
Boston Partners Long/Short Equity Fund

Investor Class

JJJ

0.25%

No

No

  Institutional Class III No No No
Boston Partners Small Cap Value Fund II

Investor Class

EEE

0.25%

No

No

  Institutional Class DDD No No No
Boston Partners All-Cap Value Fund

Investor Class

WW

0.25%

No

No

  Institutional Class VV No No No
WPG Partners Select Small Cap Value Fund Institutional Class OOOOOOO No 0.25% No
WPG Partners Small Cap Value Diversified Fund Institutional Class UUU No 0.25% No
Boston Partners Long/Short Research Fund

Investor Class

AAAAA

0.25%

No

No

  Institutional Class BBBBB No No No
Boston Partners Global Equity Fund

Investor Class

CCCCC

0.25%

No

No

  Institutional Class DDDDD No No No
Boston Partners Global Long/Short Fund

Investor Class

 JJJJJ   

0.25%

No

No

  Institutional Class KKKKK No No No
Boston Partners Emerging Markets Dynamic Equity Fund Institutional Class WWWWW No No No
Boston Partners Emerging Markets Fund Institutional Class SSSSSS No No No
Boston Partners Global Long/Short Fund Institutional Class JJJJJ No No No
  Investor Class KKKKK 0.25% No No
Boston Partners Global Sustainability Fund Institutional Class PPPPPPP No No No
           
Campbell & Company Investment Adviser LLC          

Campbell Systematic Macro Fund

Class A

OOOOOO

0.25%

No

5.75%

  Class I PPPPPP No No No
  Class C RRRRRR 1.00% No No

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Adviser / Series Class Class Designation 12b-1 Plan Non 12b-1 Front-End Sales Charge
F/m Investments, LLC d/b/a Oakhurst Capital Management, LLC        
Oakhurst Fixed Income Fund Institutional Class EEEEEEEE No No No
  Retail Class FFFFFFFF 0.25% No No
           
Oakhurst Short Duration Bond Fund Institutional Class GGGGGGGG No No No
  Retail Class HHHHHHHH 0.25% No No
           
Oakhurst Short Duration High Yield Cred Fund Institutional Class IIIIIIII No No No
  Retail Class JJJJJJJJ 0.25% No No
           
F/m Investments, LLC          
F/m Investments Large Cap Focused Fund Institutional Class KKKKKKKK No No No
  Investor Class LLLLLLLL 0.25% No No
           
F/m Investments, LLC d/b/a North Slope Capital, LLC        
US Treasury 30 Year Bond ETF 1 Class SSSSSSS No No No
US Treasury 20 Year Bond ETF 1 Class TTTTTTT No No No
US Treasury 10 Year Note ETF 1 Class UUUUUUU No No No
US Treasury 7 Year Note ETF 1 Class VVVVVVV No No No
US Treasury 5 Year Note ETF 1 Class WWWWWWW No No No
US Treasury 3 Year Note ETF 1 Class XXXXXXX No No No
US Treasury 2 Year Note ETF 1 Class YYYYYYY No No No
US Treasury 12 Month Bill ETF 1 Class ZZZZZZZ No No No
US Treasury 6 Month Bill ETF 1 Class AAAAAAAA No No No
US Treasury 3 Month Bill ETF 1 Class BBBBBBBB No No No
           
F/m Opportunistic Income ETF 1 Class MMMMMMMM No No No
F/m 15+ Year Investment Grade Corporate Bond ETF 1 Class NNNNNNNN No No No
F/m 30-Year Investment Grade Corporate Bond ETF 1 Class OOOOOOOO No No No
F/m 20-Year Investment Grade Corporate Bond ETF 1 Class PPPPPPPP No No No
F/m 10-Year Investment Grade Corporate Bond ETF 1 Class QQQQQQQQ No No No
F/m 7-Year Investment Grade Corporate Bond ETF 1 Class RRRRRRRR No No No
F/m 5-Year Investment Grade Corporate Bond ETF 1 Class SSSSSSSS No No No
F/m 3-Year Investment Grade Corporate Bond ETF 1 Class TTTTTTTT No No No
F/m 2-Year Investment Grade Corporate Bond ETF 1 Class UUUUUUUU No No No
F/m 1 Year Investment Grade Corporate Bond ETF 1 Class VVVVVVVV No No No
F/m 6-Month Investment Grade Corporate Bond ETF 1 Class WWWWWWWW No No No

3

 

Adviser / Series Class Class Designation 12b-1 Plan Non 12b-1 Front-End Sales Charge
Matson Money, Inc.          
Free Market U.S. Equity Fund 1 Class BBBB No No No
Free Market International Equity Fund 1 Class CCCC No No No
Free Market Fixed Income Fund 1 Class DDDD No No No
Matson Money U.S. Equity VI Portfolio 1 Class LLLLL No No No
Matson Money International Equity VI Portfolio 1 Class MMMMM No No No
Matson  Money Fixed Income VI Portfolio 1 Class NNNNN No No No
           
Motley Fool Asset Management, LLC          
Motley Fool 100 Index ETF 1 Class TTTTTT No No No
Motley Fool Small-Cap Growth ETF 1 Class YYYYYY No No No
Motley Fool Global Opportunities ETF 1 Class KKKKKKK No No No
Motley Fool Mid-Cap Growth ETF 1 Class LLLLLLL No No No
Motley Fool Next Index ETF 1 Class MMMMMMM No No No
Motley Fool Capital Efficiency 100 Index ETF 1 Class NNNNNNN No No No
           
Optima Asset Management, LLC          
Optima Strategic Credit Fund Founders Class QQQQQQQ No No No
  Investor Class

RRRRRRR

0.25%

No

No

           
Summit Global Investments LLC          
SGI U.S. Large Cap Equity Fund

Class A

GGGGG

0.25%

No

5.25%

  Class I HHHHH No No No
  Class C ZZZZZ 1.00% No No
           
SGI U.S. Small Cap Equity Fund

Class A

AAAAAA

0.25%

No

5.25%

  Class I BBBBBB No No No
  Class C CCCCCC 1.00% No No
SGI Global Equity Fund Class I OOOOO No No

 No

  Class A PPPPP 0.25% No 5.25%
  Class C QQQQQ 1.00% No No
           
SGI Small Cap Core Fund Class I NNN No No No
SGI Peak Growth Fund Class I DDDDDDD No 0.25% No
SGI Prudent Growth Fund Class I EEEEEEE No 0.25% No
SGI U.S. Large Cap Equity VI Portfolio 1 Class CCCCCCC No No No
           
SGI U.S. Large Cap Core ETF 1 Class DDDDDDDD No No No
SGI Dynamic Tactical ETF 1 Class CCCCCCCC No No No

4

 

Appendix B

 

EXCHANGE PRIVILEGES OF THE PORTFOLIOS

OF THE RBB FUND, INC.*

 

*During periods when these Portfolios are closed they are not eligible for exchange with the exception of an exchange from one class of shares into another class of shares within the same Portfolio.

 

FAMILY   May Be Exchanged For Any of
Abbey Capital Funds

Abbey Capital Futures Strategy Fund (RRRRR)*

Abbey Capital Futures Strategy Fund (SSSSS)*

Abbey Capital Futures Strategy Fund (TTTTT)*

Abbey Capital Multi Asset Fund (VVVVVV)*

Abbey Capital Multi Asset Fund (WWWWWW)*

Abbey Capital Multi Asset Fund (XXXXXX)*

 

*provided the shareholder meets the eligibility requirements for the class shares are being exchanged for or is otherwise eligible to purchase that class of shares

Abbey Capital Futures Strategy Fund (RRRRR)

Abbey Capital Futures Strategy Fund (SSSSS)

Abbey Capital Futures Strategy Fund (TTTTT) Abbey Capital Multi Asset Fund (VVVVVV)

Abbey Capital Multi Asset Fund (WWWWWW)

Abbey Capital Multi Asset Fund (XXXXXX)

Boston Partners Investment Funds

(Investor Classes)

Boston Partners All-Cap Value (WW)

Boston Partners Small Cap Value II (EEE)

Boston Partners Long/Short Equity Fund (JJJ)

Boston Partners Long/Short Research Fund (AAAAA)

Boston Partners Global Equity Fund (CCCCC)

Boston Partners Global Long/Short Fund (KKKKK)

Boston Partners All-Cap Value (WW)

Boston Partners Small Cap Value II (EEE)

Boston Partners Long/Short Equity Fund (JJJ)

Boston Partners Long/Short Research Fund (AAAAA)

Boston Partners Global Equity Fund (CCCCC)

Boston Partners Global Long/Short Fund (KKKKK)

Boston Partners All-Cap Value (VV)*

Boston Partners Small Cap Value II (DDD)*

Boston Partners Long/Short Equity (III)*

WPG Partners Select Small Cap Value Fund (OOOOOOO)

WPG Partners Small Cap Value Diversified Fund (UUU)*

Boston Partners Long/Short Research Fund (BBBBB)*

Boston Partners Global Equity Fund (DDDDD)*

Boston Partners Global Long/Short Fund (KKKKK)*

Boston Partners Emerging Markets Dynamic Equity Fund (WWWWW)*

Boston Partners Emerging Markets Fund (SSSSSS)*

Boston Partners Global Long/Short Fund (JJJJJ)*

Boston Partners Global Sustainability Fund (PPPPPPP)*

 

*provided the accumulated net asset value

exceeds the minimum initial investment amount for Institutional Class Shares or the shareholder is otherwise eligible to purchase Institutional Class Shares and the investor is a financial intermediary sponsored fee-based program.

5

 

FAMILY   May Be Exchanged For Any of

Boston Partners Investment Funds

(Institutional Classes)

Boston Partners All-Cap Value (VV)

Boston Partners Small Cap Value II (DDD)

Boston Partners Long/Short Equity (III)

WPG Partners Select Small Cap Value Fund (OOOOOOO)

WPG Partners Small Cap Value Diversified Fund (UUU)

Boston Partners Long/Short Research Fund (BBBBB)

Boston Partners Global Equity Fund (DDDDD)

Boston Partners Global Long/Short Fund (KKKKK)

Boston Partners Emerging Markets Dynamic Equity Fund (WWWWW)

Boston Partners Emerging Markets Fund (SSSSSS)

Boston Partners Global Long/Short Fund (JJJJJ)

Boston Partners Global Sustainability Fund (PPPPPPP)

 

 

Boston Partners All-Cap Value (WW)*

Boston Partners Small Cap Value II (EEE)*

Boston Partners Long/Short Equity Fund (JJJ)*

Boston Partners Long/Short Research Fund (AAAAA)*

Boston Partners Global Equity Fund (CCCCC)*

Boston Partners Global Long/Short Fund (JJJJJ)* Boston Partners All-Cap Value (VV)

Boston Partners Small Cap Value II (DDD)

Boston Partners Long/Short Equity (III)

WPG Partners Select Small Cap Value Fund (OOOOOOO)

WPG Partners Small Cap Value Diversified Fund (UUU)

Boston Partners Long/Short Research Fund (BBBBB)

Boston Partners Global Equity Fund (DDDDD)

Boston Partners Global Long/Short Fund (JJJJJ)

Boston Partners Emerging Markets Dynamic Equity Fund (WWWWW)

Boston Partners Emerging Markets Fund (SSSSSS)

Boston Partners Global Long/Short Fund (KKKKK)

Boston Partners Global Sustainability Fund (PPPPPPP)

 

*provided the investor is a financial intermediary sponsored fee-based program.

Matson Money Free Market Funds

(I Class)

Free Market U.S. Equity Fund (BBBB)

Free Market International Equity Fund (CCCC)

Free Market Fixed Income Fund (DDDD)

Free Market U.S. Equity Fund (BBBB)

Free Market International Equity Fund (CCCC)

Free Market Fixed Income Fund (DDDD)

Campbell Systematic Macro Fund

Campbell Systematic Macro Fund (OOOOOO)

Campbell Systematic Macro Fund (PPPPPP)

Campbell Systematic Macro Fund (RRRRRR)

Campbell Systematic Macro Fund (OOOOOO)*

Campbell Systematic Macro Fund (PPPPPP)*

Campbell Systematic Macro Fund (RRRRRR)*

 

*provided the beneficial holder is in a financial intermediary sponsored fee-based program and the shareholder meets the eligibility requirements for that class of Shares or the shareholder is otherwise eligible to purchase that class of Shares.

6

 

FAMILY   May Be Exchanged For Any of

Optima Strategic Credit Fund

 

Optima Strategic Credit Fund (QQQQQQQ)

Optima Strategic Credit Fund (RRRRRRR)

 

Optima Strategic Credit Fund (QQQQQQQ)

Optima Strategic Credit Fund (RRRRRRR)*

 

*provided the beneficial holder is in a financial intermediary sponsored fee-based program and the shareholder meets the eligibility requirements for that class of Shares or the shareholder is otherwise eligible to purchase that class of Shares.

SGI Funds (Class I Shares)

SGI Peak Growth Fund (DDDDDDD)

SGI Prudent Growth Fund (EEEEEEE)

SGI Peak Growth Fund (DDDDDDD)

SGI Prudent Growth Fund (EEEEEEE)

SGI Funds (Class I Shares)

SGI U.S. Large Cap Equity Fund (HHHHH)

SGI U.S. Small Cap Equity Fund (BBBBBB)

SGI Global Equity Fund (OOOOO)

SGI Small Cap Core Fund (NNN)

 

SGI U.S. Large Cap Equity Fund (HHHHH)

SGI Global Equity Fund (OOOOO)

SGI Small Cap Core Fund (NNN)

SGI U.S. Large Cap Equity Fund (GGGGG)*

SGI Global Equity Fund (PPPPP)*

SGI U.S. Large Cap Equity Fund (ZZZZZ)*

SGI Global Equity Fund (QQQQQ)*

 

*provided the shareholder meets the eligibility requirements for the class of shares or is otherwise eligible to purchase the class of shares and the investor is a financial intermediary sponsored fee-based program.

SGI Funds (Class A Shares)

SGI U.S. Large Cap Equity Fund (GGGGG)

SGI U.S. Small Cap Equity Fund (BBBBBB)

SGI Global Equity Fund (PPPPP)

SGI U.S. Large Cap Equity Fund (GGGGG)

SGI Global Equity Fund (PPPPP)

SGI U.S. Large Cap Equity Fund (HHHHH)*

SGI Global Equity Fund (OOOOO)*

SGI U.S. Large Cap Equity Fund (ZZZZZ)*

SGI Global Equity Fund (QQQQQ)*

SGI Small Cap Core Fund (NNN)*

 

*provided the shareholder meets the eligibility requirements for the class of shares or is otherwise eligible to purchase the class of shares and the investor is a financial intermediary sponsored fee-based program.

7

 

FAMILY   May Be Exchanged For Any of
SGI Funds (Class C Shares)

SGI U.S. Large Cap Equity Fund (ZZZZZ)

SGI U.S. Small Cap Equity Fund (BBBBBB)

SGI Global Equity Fund (QQQQQ)

SGI U.S. Large Cap Equity Fund (ZZZZZ)

SGI Global Equity Fund (QQQQQ)

SGI U.S. Large Cap Equity Fund (HHHHH)*

SGI Global Equity Fund (OOOOO)*

SGI U.S. Large Cap Equity Fund (GGGGG)*

SGI Global Equity Fund (PPPPP)*

SGI Small Cap Core Fund (NNN)*

 

*provided the shareholder meets the eligibility requirements for the class of shares or is otherwise eligible to purchase the class of shares and the investor is a financial intermediary sponsored fee-based program.

8