Document:

Exhibit 4.3

 

Consent of Independent Registered
Public Accounting Firm

We consent to the
reference made to our firm under the caption “Independent Registered Public Accounting Firm” in Part B of the Prospectus
and to the use of our report dated April 26, 2016, in this Registration Statement (Form S-6 No. 333-209473) of Smart Trust 241,
comprising Smart Trust, Miller/Howard North American Energy Opportunities Trust, Series 2.

 

/s/ Grant
Thornton LLP

 

Chicago, Illinois

April 26, 2016DREYFUS INSTITUTIONAL PREFERRED MONEY MARKET FUNDS

 SERVICE PLAN

Introduction:  It has been proposed that the above-captioned investment company (the "Fund") adopt a Service Plan (the "Plan") in accordance with Rule 12b-1, promulgated under the Investment Company Act of 1940, as amended (the "Act").  The Plan would pertain to each series of the Fund, and each class of shares of each series, set forth on Exhibit A hereto, as such Exhibit may be revised from time to time (each, a "Class").  Under the Plan, the Fund would pay the Fund's distributor (the "Distributor") for advertising, marketing and distributing shares of each Class and providing certain services relating to shareholder accounts of each Class.  The Distributor would be permitted to pay certain financial institutions, securities dealers or other industry professionals (collectively, "Service Agents") in respect of these services.  If this proposal is to be implemented, the Act and said Rule 12b-1 require that a written plan describing all material aspects of the proposed financing be adopted by the Fund.

The Fund's Board, in considering whether the Fund should implement a written plan, has requested and evaluated such information as it deemed necessary to an informed determination as to whether a written plan should be implemented and has considered such pertinent factors as it deemed necessary to form the basis for a decision to use assets attributable to each Class for such purposes.

In voting to approve the implementation of such a plan, the members of the Fund's Board have concluded, in the exercise of their reasonable business judgment and in light of their respective fiduciary duties, that there is a reasonable likelihood that the plan set forth below will benefit the Fund and shareholders of each Class.

The Plan:  The material aspects of this Plan are as follows:

1.        The Fund shall pay to the Distributor a fee in respect of each Class at an annual rate set forth on Exhibit A for (a) advertising, marketing and distributing the shares of each Class and (b) providing personal services relating to shareholder accounts, such as answering shareholder inquiries regarding the Fund and providing reports and other information, and services related to the maintenance of shareholder accounts ("Servicing").  The Distributor may pay one or more Service Agents a fee for the provision of these services in respect of the Fund's shares of each Class owned by shareholders with whom the Service Agent has a Servicing relationship or for whom the Service Agent is the dealer or holder of record.  The Distributor shall determine the amounts to be paid to Service Agents and the basis on which such payments are made.  Payments under this Plan also may be made by the Fund's investment adviser out of its fee, its past profits or any other source available to it.  Payments to a Service Agent are subject to compliance by the Service Agent with the terms of any related Plan agreement between the Service Agent and the Distributor.

2.        For the purposes of determining the fees payable under this Plan, the value of the Fund's net assets attributable to each Class shall be computed in the manner specified in the Fund's charter documents as then in effect for the computation of the value of the Fund's net assets attributable to such Class.

3.        The Fund's Board shall be provided, at least quarterly, with a written report of all amounts expended pursuant to this Plan.  The report shall state the purpose for which the amounts were expended.

4.        As to each Class, this Plan will become effective at such time as is specified by the Fund's Board, provided that the Plan is approved by a majority of the Board members, including a majority of the Board members who are not "interested persons" (as defined in the Act) of the Fund and have no direct or indirect financial interest in the operation of this Plan or in any agreements entered into in connection with this Plan, pursuant to a vote cast in person at a meeting called for the purpose of voting on the approval of this Plan.

5.        As to each Class, this Plan shall continue for a period of one year from its effective date, unless earlier terminated in accordance with its terms, and thereafter shall continue automatically for successive annual periods, provided such continuance is approved at least annually in the manner provided in paragraph 4 hereof.

6.        As to each Class, this Plan may be amended at any time by the Fund's Board, provided that (a) any amendment to increase materially the costs which such Class may bear pursuant to this Plan shall be effective only upon approval by a vote of the holders of a majority of the outstanding share of such Class, and (b) any material amendments of the terms of this Plan shall become effective only upon approval as provided in paragraph 4 hereof.

7.        As to each Class, this Plan is terminable without penalty at any time by (a) vote of a majority of the Board members who are not "interested persons" (as defined in the Act) of the Fund and have no direct or indirect financial interest in the operation of this Plan or in any agreements entered into in connection with this Plan, or (b) vote of the holders of a majority of the outstanding shares of such Class.

8.        The obligations hereunder and under any related Plan agreement shall only be binding upon the assets and property of the Fund or the affected Class, as the case may be, and shall not be binding upon any Board member, officer or shareholder of the Fund individually.

Dated:                    November 30, 2007

EXHIBIT A

	
 

Name of Series and/or Class

	
Fee as a Percentage of

Average Daily Net Assets

	 	 
	
Dreyfus Institutional Preferred Money Market Fund

	 
	
Administrative shares

Hamilton shares

Participant shares

 

	
.12%

.06%

.45%

	 	 

Revised as of:   May 24, 2016DREYFUS INSTITUTIONAL PREFERRED MONEY MARKET FUNDS

-Dreyfus Institutional Preferred Money Market Fund

Rule 18f-3 Plan

Rule 18f-3 under the Investment Company Act of 1940, as amended (the "1940 Act"), requires that the Board of an investment company desiring to offer multiple classes pursuant to said Rule adopt a plan setting forth the separate arrangement and expense allocation of each class, and any related conversion features or exchange privileges.

Dreyfus Institutional Preferred Money Market Funds (the "Trust"), on behalf of Dreyfus Institutional Preferred Money Market Fund (the "Fund"), desires to offer multiple classes in accordance with Rule 18f-3, and the Trust's Board, including a majority of the Board members who are not "interested persons" (as defined in the 1940 Act), has determined that the following plan is in the best interests of each class individually and the Fund as a whole:

1.     Class Designation:  Fund shares shall be divided into Administrative shares, Hamilton shares, Institutional shares and Participant shares.

2.     Differences in Services:  The services offered to shareholders of each Class shall be substantially the same, except for certain services provided to holders of Administrative shares, Hamilton shares and Participant shares pursuant to a Service Plan.

3.     Differences in Distribution Arrangements:  Each Class of shares shall be offered at net asset value as described in the Fund's prospectuses.  No Class shall be subject to any front-end or contingent deferred sales charges.

Administrative shares, Hamilton shares and Participant shares shall be subject to an annual distribution and service fee at the rate set forth on Schedule A attached hereto, pursuant to a Service Plan adopted in accordance with Rule 12b-1 under the 1940 Act.

4.     Expense Allocation:  The following expenses shall be allocated, to the extent practicable, on a Class-by-Class basis:  (a) fees under the Service Plan; (b) printing and postage expenses related to preparing and distributing materials, such as shareholder reports, prospectuses and proxies, to current shareholders of a specific Class; (c) the expense of administrative personnel and services as required to support the shareholders of a specific Class; (d) litigation or other legal expenses relating solely to a specific Class; (e) transfer agent fees identified by the Fund's transfer agent as being attributable to a specific Class; and (f) Board members' fees incurred as a result of issues relating to a specific Class.

5.     Conversion Features:  No Class shall be subject to any automatic conversion feature.  Shares of one Class of the Fund may be converted into shares of another Class of the Fund, provided the shareholder requesting the conversion meets the eligibility requirements for the purchase of the new Class of shares of the Fund.

6.     Exchange Privileges:  Shares of a Class shall be exchangeable only for (a) any class of shares of the investment companies listed on Schedule B attached hereto and (b) shares of certain other investment companies specified from time to time.

Dated:                    November 30, 2007

Amended:             April 7, 2016

SCHEDULE A

	
Name of Class

	
Fee as a Percentage

of the Average Daily

Net Assets of the Class

	
 

	
 

	
Administrative shares

	
.12%

	
 

	
 

	
Hamilton shares

	
.06%

	
 

	
 

	
Participant shares

	
.45%

	
 

	
 

	
 

	
 

SCHEDULE B

Dreyfus Institutional Cash Advantage Fund

Dreyfus Institutional Preferred Government Money Market Fund

Dreyfus Institutional Preferred Treasury Securities Money Market Fund

Dreyfus Institutional Treasury and Agency Cash Advantage Fund

Dreyfus Institutional Treasury Securities Cash Advantage Fund

Dreyfus California AMT-Free Municipal Cash Management

Dreyfus Cash Management

Dreyfus Government Cash Management

Dreyfus Government Securities Cash Management

Dreyfus Municipal Cash Management Plus

Dreyfus New York Municipal Cash Management

Dreyfus Tax Exempt Cash Management

Dreyfus Treasury & Agency Cash Management

Dreyfus Treasury Securities Cash Management

Dreyfus Ultra Short Income Fund

Revised as of:   April 15, 2016

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