Exhibit 5(m)
AMENDMENT XX. 0
Xxxxxxxxx Xx. 0, effective September 1, 1997 (the "Amendment"), with respect to
the Management Agreement between Allmerica Investment Management Company, Inc.
(the "Adviser") and Allmerica Investment Trust (the "Trust") dated July 1, 1992
(the "Agreement"), as supplemented.
The Trust and the Adviser amend the Agreement as it relates to the Select
Aggressive Growth Fund, Select Capital Appreciation Fund, Select International
Equity Fund, Growth Fund, Select Growth and Income Fund, Select Income Fund and
Investment Grade Income Fund, series of the Trust, to provide that the fee paid
to the Adviser will be computed daily at an annual rate based on the average
daily net asset value of each Fund as set forth below:
Select Select Select
Aggressive Capital International Select Growth
Growth Appreciation Equity Growth and
Assets Fund Fund Fund Fund Income Fund
------ ---- ---- ---- ---- -----------
First $100 Million.............. 1.00% 1.00% 1.00% 0.60% 0.75%
$100 to $250 Million............ 0.90% 0.90% 0.90% 0.60% 0.70%
$250 to $500 Million............ 0.85% 0.85% 0.85% 0.40% 0.65%
Over $500 Million............... 0.85% 0.85% 0.85% 0.35% 0.65%
Investment
Select Grade
Assets Income Fund Income Fund
------ ----------- -----------
First $50 Million.............................. 0.60% 0.50%
$50 to $100 Million............................ 0.55% 0.45%
Over $100 Million.............................. 0.45% 0.40%
This Amendment does not intend to and does not otherwise alter or amend the
Agreement which remains in full force and effect.
Allmerica Investment Trust Allmerica Investment Management
Company, Inc.
By: /s/ Xxxxxxx X. Xxxxxx By: /s/ Xxxxxx X. Xxxxxxxxxx
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Date: 8/26/97 Date: 8/26/97
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