EX-99.B(G)(2) 14 a10-21527_1ex99dbg2.htm EX-99.B(G)(2)

Exhibit 99.B(g)(2)

 

 

 

SEI

Investments

 

 

SCHEDULE OF GLOBAL SERVICES & CHARGES

 

June 2006

 


 

I. Custody Fees:

 

Market 

 

Charge
(basis points)

 

Transaction Charges

 

Argentina

 

10

 

$

50

 

Australia

 

1

 

$

30

 

Austria

 

3

 

$

35

 

Bahrain

 

65

 

$

100

 

Bangladesh

 

60

 

$

100

 

Belgium

 

2

 

$

35

 

Bermuda

 

12

 

$

100

 

Bolivia

 

70

 

$

100

 

Botswana

 

50

 

$

100

 

Brazil(1)

 

10

 

$

50

 

Bulgaria

 

15

 

$

95

 

Canada

 

1

 

$

10

 

Cayman Islands

 

10

 

$

100

 

Chile

 

8

 

$

50

 

China

 

10

 

$

85

 

Colombia(1)

 

30

 

$

100

 

Costa Rica

 

30

 

$

65

 

Croatia

 

50

 

$

85

 

Cyprus

 

6

 

$

100

 

Czech Republic

 

10

 

$

60

 

Denmark

 

2

 

$

30

 

Ecuador

 

60

 

$

100

 

Egypt

 

19

 

$

90

 

El Salvador

 

55

 

$

100

 

Estonia

 

45

 

$

100

 

Euroclear(2)

 

1.25

 

$

10

 

Finland

 

1.25

 

$

30

 

France

 

1.25

 

$

20

 

Germany

 

.9

 

$

20

 

Ghana

 

60

 

$

100

 

Greece

 

15

 

$

35

 

Hong Kong

 

3

 

$

40

 

Hungary

 

10

 

$

60

 

Iceland

 

10

 

$

100

 

India

 

8

 

$

50

 

Indonesia

 

8

 

$

50

 

Ireland

 

1.5

 

$

35

 

Israel

 

11

 

$

60

 

Italy

 

1

 

$

20

 

Ivory Coast

 

80

 

$

100

 

Japan

 

1

 

$

10

 

Jordan

 

50

 

$

100

 

Kazakhstan

 

50

 

$

100

 

Kenya

 

40

 

$

100

 

Latvia

 

30

 

$

100

 

Lebanon

 

60

 

$

100

 

Lithuania

 

40

 

$

100

 

Luxembourg

 

1.5

 

$

35

 

Macedonia

 

40

 

$

100

 

Malaysia

 

5

 

$

45

 

Malta

 

20

 

$

100

 

Mauritius

 

60

 

$

100

 

Mexico

 

3

 

$

25

 

Morocco

 

22

 

$

100

 

Namibia

 

40

 

$

100

 

Netherlands

 

1

 

$

20

 

New Zealand

 

1.5

 

$

30

 

Nigeria

 

85

 

$

100

 

Norway

 

2

 

$

30

 

Oman

 

75

 

$

100

 

Pakistan

 

40

 

$

100

 

Palestine Autonomous Region

 

80

 

$

100

 

Panama

 

50

 

$

100

 

Papua New Guinea

 

25

 

$

100

 

Peru

 

25

 

$

100

 

Philippines

 

4

 

$

64

 

Poland

 

8

 

$

50

 

Portugal

 

6

 

$

35

 

Qatar

 

60

 

$

100

 

Romania

 

50

 

$

100

 

Russia

 

18

 

$

100

 

Singapore

 

3

 

$

50

 

Slovakia

 

50

 

$

100

 

Slovenia

 

50

 

$

100

 

South Africa

 

1.5

 

$

30

 

South Korea

 

2

 

$

30

 

Spain

 

1.5

 

$

35

 

Sri Lanka

 

45

 

$

100

 

Swaziland

 

45

 

$

100

 

Sweden

 

1.5

 

$

30

 

Switzerland

 

.8

 

$

20

 

Taiwan

 

7

 

$

40

 

Thailand

 

5

 

$

40

 

Trinidad & Tobago

 

65

 

$

100

 

Tunisia

 

65

 

$

100

 

Turkey

 

9

 

$

60

 

Ukraine

 

35

 

$

100

 

United Arab Emirates

 

75

 

$

100

 

United Kingdom

 

.25

 

$

6

 

Uruguay

 

75

 

$

100

 

Venezuela

 

45

 

$

100

 

Vietnam

 

60

 

$

100

 

Zambia

 

45

 

$

100

 

Zimbabwe

 

45

 

$

100

 

United States

 

.15 bp on first $30 Bn

 

See Below Matrix

 

 

 

.10 on all over $30 Bn

 

 

 

 

(1)           Including local administration charges.

(2)           Servicing for bonds only.

 


 

US & other Transaction Charges:

 

Type 

 

Charge

 

DTC Buy/Sell

 

$

2.50

 

FED Buy/Sell

 

$

2.50

 

Physical Buy/Sell

 

$

15.00

 

Repurchase Agreements

 

$

2.50

 

US Cancel/Corrects

 

$

2.50

 

Maturity Collections

 

$

2.50

 

Commercial Paper

 

$

2.50

 

Paydowns

 

$

2.50

 

USD Wires and Book Transfers

 

$

1.50

 

Futures Long/Short

 

$

2.50

 

Options Written/Closed/Expired/Exercised

 

$

2.50

 

Non-US Wires and Book Transfers

 

$

7.50

 

Non-US Cancel/Corrects

 

$

7.50

 

 

III.           Trustee Fees:

 

Where required, annual charges on value of month-end assets will be assessed on applicable assets at 1.00 bp

 

IV.           Value-Added Credits:

 

Cash Management: BBH will pay interest on all remaining balances not swept to an SEI vehicle at BBH’s average daily trading rate less 50 basis points for USD and 75 basis points in other applicable currencies. Idle balances are invested automatically through our cash management sweep service where investments are made in overnight time deposits with BBH’s Grand Cayman branch or other commercial banks approved as part of the program. Overdraft charges will be Fed Funds + 200 basis points.

 

V.              Billing:

 

Annual fees payable monthly in U.S. dollars based on direct debit.* Standard out-of-pocket expenses, and market imposed charges only will apply at cost and will be added to each monthly invoice.

 

*Assumptions and Parameters

 

·        Fees quoted above offered contingent upon the information provided and assuming the actual experience will not be materially different from this projected activity. BBH reserves the right to modify as additional markets and/or services are introduced.

 

Agreed and Acknowledged: