NOTES TO THE FINANCIAL STATEMENTS (UNAUDITED)
Allocation Fund; 0.10% for the Growth Stock Fund and the Short-Intermediate Term Fund and 0.07% for the
Bond Index Fund and the S&P 500 Stock Fund, based on the average daily net assets of each of these Funds.
The Company has also entered into an advisory contract on behalf of the Money Market Fund with WFB.
Pursuant to the contract, WFB furnishes to the Fund investment guidance and policy direction in connection with
daily portfolio management of the Fund. The advisory contract with the Fund provides for advisory fees, which
are accrued daily and paid monthly, at an annual rate of 0.35% of the average daily net assets of the Fund. In
addition, the Company had entered into subcustodian agreements with Wells Fargo Institutional Trust Company
N.A. ("WFITC"), a subsidiary of Wells Fargo Nikko Investment Advisors ("WFNIA"). Pursuant to such
agreements, WFB had paid WFITC a subcustodian fee.
The Company has entered into administration and distribution agreements with Stephens on behalf of the Asset
Allocation Fund, the U.S. Treasury Allocation Fund and the Money Market Fund. Under the agreements,
Stephens has agreed to provide supervisory, administrative and distribution services for these Funds. As
compensation for these services, the Asset Allocation Fund and the U.S. Treasury Allocation Fund pay a monthly
fee at an annual rate of 0.10% of each Fund's average daily net assets. The Money Market Fund pays a monthly
fee at an annual rate of 0.05% of the Fund's average daily net assets. In addition, Stephens is responsible for
paying all other expenses incurred by these Funds other than the fees payable by the Fund pursuant to the
Company's various service contracts.
Under the administration agreement, Stephens has agreed to assume operating expenses of the Asset Allocation
Fund, the U.S. Treasury Allocation Fund and the Money Market Fund and a pro rata share of the operating
expenses of the Asset Allocation Master Series and the U.S. Treasury Allocat