APPENDIX A SMITH INVESTMENT SUB-ADVISORY AGREEMENT WELLS FARGO FUNDS TRUST Funds Trust Funds Aggressive Allocation Fund Conservative Allocation Fund Diversified Equity Fund Growth Balanced Fund Growth Equity Fund Moderate Balanced Fund
EX-99.B(d)(2)(v)
APPENDIX A
XXXXX INVESTMENT SUB-ADVISORY AGREEMENT
XXXXX FARGO FUNDS TRUST
Funds Trust Funds
Aggressive Allocation Fund
Conservative Allocation Fund
Diversified Equity Fund
Growth Balanced Fund
Growth Equity Fund
Moderate Balanced Fund
Most recent annual approval by the Board of Trustees: April 4, 2005
Appendix A amended: October 1, 2005
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SCHEDULE A
XXXXX INVESTMENT SUB-ADVISORY AGREEMENT
XXXXX FARGO FUNDS TRUST
This fee agreement is made as of the 13th day of November, 2003, by and between Xxxxx Fargo Funds Management, LLC (the “Adviser”) and Xxxxx Asset Management Group, L.P. (the “Sub-Adviser”); and
WHEREAS, the parties and Xxxxx Fargo Funds Trust (the “Trust”) have entered into an Investment Sub-Advisory Agreement (“Sub-Advisory Agreement”) whereby the Sub-Adviser provides investment management advice to each series of the Trust as listed in Appendix A to the Sub-Advisory Agreement (each a “Fund” and collectively the “Funds”).
WHEREAS, the Sub-Advisory Agreement provides that the fees to be paid to the Sub-Adviser are to be as agreed upon in writing by the parties.
NOW THEREFORE, the parties agree that the fees to be paid to the Sub-Adviser under the Sub-Advisory Agreement shall be calculated as follows on a monthly basis by applying annual rate of percentage of the assets of the Funds listed below;
for assets formerly invested in the:
| Name of Fund |
Breakpoints |
Sub-Advisory Rate |
|||
| Disciplined Growth Portfolio |
$0-$200M $200M-$500M >$500M |
0.30 0.20 0.15 |
% % % |
provided, that no fee shall be payable hereunder with respect to a Fund during any period in which the Fund invests all (or substantially all) of its investment assets in a registered, open-end, management investment company, or separate series thereof, in accordance with and reliance upon Section 12(d)(1)(E) under the 1940 Act.
The net assets under management against which the foregoing fees are to be applied are the net assets as of the last day of the month. If this fee agreement becomes effective subsequent to the first day of a month or shall terminate before the last day of a month, compensation for that part of the month this agreement is in effect shall be subject to a pro rata adjustment based on the number of days elapsed in the current month as a percentage of the total number of days in such month. During any period when the determination of net asset value is suspended, the net asset value for the last day prior to such suspension shall for this purpose be deemed to be the net asset value at the close of the month.
The foregoing fee schedule is agreed to as of October 1, 2005 and shall remain in effect until changed in writing by the parties.
| XXXXX FARGO FUNDS MANAGEMENT, LLC | ||
| By: | /s/ XXXXXX XXXX | |
| Xxxxxx Xxxx Senior Vice President | ||
| XXXXX ASSET MANAGEMENT GROUP, L.P. | ||
| By: | /s/ XXXXXXX X. XXXXX | |
| Xxxxxxx X. Xxxxx Principal | ||
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