INVESTMENT ADVISORY FEE REDUCTION AGREEMENT
EX. d.4
INVESTMENT ADVISORY FEE REDUCTION AGREEMENT
This Investment Advisory Fee Reduction Agreement (the “Fee Reduction Agreement”) dated as of July 1, 2016 is by and between Columbia Acorn Trust (the “Trust”), on behalf of its series Columbia Acorn International Select (the “Fund”), and Columbia Xxxxxx Asset Management, LLC, the Fund’s investment adviser (“CWAM”).
WHEREAS, the Trust and CWAM desire to permanently reduce the Advisory Fee as set forth herein; and
• | 0.890% of the Fund’s net assets up to $500 million |
• | 0.850% of the Fund’s net assets over $500 million |
This undertaking shall be binding upon any successors and assignees of CWAM, and may only be modified or amended with approval from the Trust and CWAM, except that any future increases in the contractual fee rates under this Fee Reduction Agreement must be approved by Board of Trustees of the Trust and the shareholders of the Fund as and to the extent required by the Investment Company Act of 1940. A copy of the Trust’s Agreement and Declaration of Trust, as amended, is on file with the Secretary of the Commonwealth of Massachusetts, and notice is hereby given that this instrument is executed on behalf of the Trust by its officers as officers and not individually. All obligations of the Trust hereunder shall be binding only upon the assets of the Fund and shall not be binding upon any trustee, officer, employee, agent or shareholder of the Trust. Neither the authorization of any action by the trustees or shareholders of the Trust, nor the execution of this Fee Reduction Agreement on behalf of the Trust, shall impose any liability upon any trustee, officer or shareholder of the Trust.
This Fee Reduction Agreement shall be attached to and made a part of the Advisory Agreement. The Advisory Agreement shall continue in full force and effect as modified hereby.
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COLUMBIA ACORN TRUST, | ||
on behalf of its series Columbia Acorn International Select | ||
By: | /S/ Xxxx Xxxxx | |
Name: Xxxx Xxxxx | ||
Title: Treasurer |
COLUMBIA XXXXXX ASSET MANAGEMENT, LLC | ||
By: | /S/ Xxxx Berkshire | |
Name: Xxxx Berkshire Title: Chief Operating Officer |
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