Post-Effective Amendment
Filing Table of Contents
Document/Exhibit Description Pages Size
1: 485B24F Dean Family of Funds 126 426K
20: EX-27 Balanced Fund - Class A 2± 11K
21: EX-27 Balanced Fund - Class C 2± 11K
16: EX-27 Large Cap Value Fund - Class A 2± 11K
17: EX-27 Large Cap Value Fund - Class C 2± 11K
18: EX-27 Small Cap Value Fund - Class A 2± 11K
19: EX-27 Small Cap Value Fund - Class C 2± 11K
7: EX-99 Dir. Def. Comp. Plan 17 50K
2: EX-99 Index to Exhibits 2 10K
6: EX-99 Underwriting Agreement 12 28K
13: EX-99.B13 Stock Letter 2 11K
14: EX-99.B15I 12B1 Plan for Class A Shares 3 16K
15: EX-99.B15II 12B1 Plan for Class C Shares 4 17K
3: EX-99.B5I Advisory Agreement 16 36K
5: EX-99.B5III Sub-Advisory Agreement 21 45K
8: EX-99.B8 Custody Agreement 24 78K
9: EX-99.B9I Administration Agreement 8 29K
10: EX-99.B9II Accounting Services Agreement 9 29K
11: EX-99.B9III Trans. Div. Disburs. Shldr. Serv. Agreement 17 53K
4: EX-99.BII Advisory Agreement 15 34K
12: EX-99.BII Auditors Consent 1 9K
EX-99.B15II — 12B1 Plan for Class C Shares
| EX-99.B15II | 1st Page of 4 | TOC | ↑Top | Previous | Next | ↓Bottom | Just 1st |
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PLAN OF DISTRIBUTION
PURSUANT TO RULE 12B-1 FOR
CLASS C SHARES OF DEAN FAMILY OF FUNDS
WHEREAS, Dean Family of Funds (the "Trust"), an unincorporated business
trust organized under the laws of the State of Ohio, is an open-end management
investment company and is registered as such under the Investment Company Act of
1940, as amended (the "1940 Act"); and
WHEREAS, the Trust is authorized to issue an unlimited number of shares
of beneficial interest without par value (the "Shares"), which are divided into
separate Series of Shares; and
WHEREAS, the Trust issues shares of certain Series in Sub- Series (one
of which may be designated as Class C Shares); and
WHEREAS, the Trustees of the Trust as a whole, and the Trustees who are
not interested persons of the Trust (as defined in the 1940 Act) and who have no
direct or indirect financial interest in the operation of this Plan or in any
agreement relating hereto (the "Rule 12b-1 Trustees"), having determined, in the
exercise of reasonable business judgment and in light of their fiduciary duties
under state law and under Section 36(a) and (b) of the 1940 Act, that there is a
reasonable likelihood that this Plan will benefit each Series and the holders of
its Class C Shares, have approved this Plan by votes cast in person at a meeting
called for the purpose of voting hereon and on any agreements related hereto;
NOW, THEREFORE, the Trust hereby adopts this Plan in accordance with
Rule 12b-1 under the 1940 Act, on the following terms and conditions:
1. DISTRIBUTION ACTIVITIES. Subject to the supervision of the Trustees
of the Trust, the Trust may, directly or indirectly, engage in any activities
related to the distribution of Class C Shares, which activities may include, but
are not limited to, the following: (a) maintenance fees or other payments to the
Trust's principal underwriter and to securities dealers and others who are
engaged in the sale of Class C Shares and who may be advising shareholders of
the Trust regarding the purchase, sale or retention of Class C Shares; (b)
expenses of maintaining personnel (including personnel of organizations with
which the Trust has entered into agreements related to this Plan) who engage in
or support distribution of Class C Shares or who render shareholder support
services not otherwise provided by the Trust's transfer agent, including, but
not limited to, office space and equipment, telephone facilities and expenses,
answering routine inquiries regarding the Trust, processing shareholder
transactions, and providing such other shareholder services as the Trust may
reasonably request; (c) formulating and implementing of marketing and
promotional activities, including, but not limited to, direct mail promotions
and television, radio,
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newspaper, magazine and other mass media advertising; (d) preparing, printing
and distributing sales literature; (e) preparing, printing and distributing
prospectuses and statements of additional information and reports of the Trust
for recipients other than existing shareholders of the Trust; and (f) obtaining
such information, analyses and reports with respect to marketing and promotional
activities as the Trust may, from time to time, deem advisable. The Trust is
authorized to engage in the activities listed above, and in any other activities
related to the distribution of Class C Shares, either directly or through other
persons with which the Trust has entered into agreements related to this Plan.
2. MAXIMUM EXPENDITURES. The expenditures to be made pursuant to
Section 1 and the basis upon which payment of such expenditures will be made
shall be determined by the Trustees of the Trust, but in no event may such
expenditures exceed in any fiscal year an amount calculated at the rate of .75%
of the average daily net asset value of the Class C Shares of any Series of the
Trust. Such payments for distribution activities may be made directly by the
Class C Shares or the Trust's investment adviser or principal underwriter may
incur such expenses and obtain reimbursement from the Class C Shares.
3. MAINTENANCE FEE. In addition to the payments of compensation
provided for in Section 2 and in order to further enhance the distribution of
its Class C Shares, the Trust shall pay the principal underwriter a maintenance
fee, accrued daily and paid monthly, in an amount equal to an annual rate of
.25% of the daily net assets of the Class C Shares of the Trust. When requested
by and at the direction of the principal underwriter, the Trust shall pay a
maintenance fee to dealers based on the amount of Class C Shares sold by such
dealers and remaining outstanding for specified periods of time, if any,
determined by the principal underwriter, in amounts up to .25% per annum of the
average daily net assets of the Class C Shares of the Trust. Any maintenance
fees paid to dealers shall reduce the maintenance fees otherwise payable to the
principal underwriter.
4. TERM AND TERMINATION. This Plan shall become effective on the date
hereof. Unless terminated as herein provided, this Plan shall continue in effect
for one year from the date hereof and shall continue in effect for successive
periods of one year thereafter, but only so long as each such continuance is
specifically approved by votes of a majority of both (i) the Trustees of the
Trust and (ii) the Rule 12b-1 Trustees, cast in person at a meeting called for
the purpose of voting on such approval. This Plan may be terminated with respect
to any Series at any time by vote of a majority of the Rule 12b-1 Trustees or by
vote of a majority (as defined in the 1940 Act) of the outstanding Class C
Shares of such Series of the Trust. In the
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event this Plan is terminated by any Series in accordance with its terms, the
obligations of the Class C Shares of such Series to make payments to the Trust's
principal underwriter pursuant to this Plan will cease and such Series will not
be required to make any payments for expenses incurred after the date of
termination.
5. AMENDMENTS. This Plan may not be amended with respect to any Series
to increase materially the amount of expenditures provided for in Sections 2 and
3 hereof unless such amendment is approved by a vote of the majority (as defined
in the 1940 Act) of the outstanding Class C Shares of such Series, and no
material amendment to this Plan shall be made unless approved in the manner
provided for annual renewal of this Plan in Section 4 hereof.
6. SELECTION AND NOMINATION OF TRUSTEES. While this Plan
is in effect, the selection and nomination of Trustees who are
not interested persons (as defined in the 1940 Act) of the Trust
shall be committed to the discretion of the Trustees who are not
interested persons of the Trust.
7. QUARTERLY REPORTS. The principal underwriter and the Treasurer of
the Trust shall provide to the Trustees and the Trustees shall review, at least
quarterly, a written report of the amounts expended pursuant to this Plan and
any related agreement, the purposes for which such expenditures were made and
the allocation of such expenditures as provided for in Section 8.
8. ALLOCATING EXPENDITURES BETWEEN CLASSES. Only distribution
expenditures properly attributable to the sale of a particular class of Shares
may be used to support the distribution fee charged to shareholders of such
class of Shares. Distribution expenses attributable to the sale of more than one
class of Shares of a Series will be allocated at least annually to each class of
Shares based upon the ratio in which the sales of each class of Shares bears to
the sales of all the Shares of such Series. For this purpose, Shares issued upon
reinvestment of dividends or distributions will not be considered sales.
9. RECORDKEEPING. The Trust shall preserve copies of this Plan and any
related agreement and all reports made pursuant to Section 7 hereof, for a
period of not less than six years from the date of this Plan, the agreements or
such reports, as the case may be, the first two years in an easily accessible
place.
10. LIMITATION OF LIABILITY. A copy of the Agreement and Declaration of
Trust of the Trust is on file with the Secretary of the State of Ohio and notice
is hereby given that this Plan is executed on behalf of the Trustees of the
Trust as trustees and not individually and that the obligations of this
instrument are not binding upon the Trustees or shareholders of the Trust
individually but are binding only upon the assets and property of the Trust.
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| EX-99.B15II | Last Page of 4 | TOC | 1st | Previous | Next | ↓Bottom | Just 4th |
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IN WITNESS WHEREOF, the Trust has caused this Plan to be executed as of
the date set forth below.
Dated: April 1, 1997
Attest:
/S/ TINA D. HOSKING By: /S/ FRANK H. SCOTT
Secretary President
Dates Referenced Herein
| Referenced-On Page |
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| This ‘485B24F’ Filing | | Date | | First | | Last | | | Other Filings |
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| |  |
| Filed on / Effective on: | | 10/1/97 | | | | | | | None on these Dates |
| | 4/1/97 | | 4 |
| List all Filings |
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