Fee Waiver Amount. 1.1 For so long as the Fund operates as a “fund-of-funds” in reliance on an exemptive order granted by the Securities and Exchange Commission to the Trust and NFA (Rel. No. 25492, March 21, 2002) exempting the Fund from the limits of Section 12(d)(1)(A) of the 1940 Act, NFA agrees to waive an amount of Advisory Fees equal to 0.59% per annum, calculated monthly based on the Fund’s average daily net assets.
Appears in 10 contracts
Samples: Fee Waiver Agreement (Nationwide Variable Insurance Trust), Fee Waiver Agreement (Nationwide Variable Insurance Trust), Fee Waiver Agreement (Nationwide Variable Insurance Trust)
