Exhibit m2
Boston Advisors Trust
(Class 1 Shares)
Addendum to Plan of Distribution
Adopted Pursuant to Rule 12b-1
AGREEMENT made as of the 1/st/ day of May, 2002, by and between Boston
Advisors Trust, a Massachusetts business trust having its principal office and
place of business at 000 Xxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000 (the
"Trust") and Advest, Inc., a Delaware corporation having its principal office
and place of business at 00 Xxxxx Xxxxx Xxxxxx, Xxxxxxxx, Xxxxxxxxxxx 00000 (the
"Addendum").
WHEREAS, the Board of Trustees of the Trust, including a majority of
the Trustees who are not "interested persons" of the Trust (as defined in the
Investment Company Act of 1940, as amended (the "Act")) adopted a Plan of
Distribution pursuant to Rule 12b-1 (the "Plan") on March 1, 2000, for the three
portfolio series, Boston Advisors Cash Reserves Fund, Boston Advisors U. S.
Government Money Market Fund and Boston Advisors Tax Free Money Market Fund; and
WHEREAS, the Trust, pursuant to a written consent of a majority of the
Trustees, has established an additional portfolio series, Boston Advisors New
York Municipal Money Market Fund (the "Fund"); and
WHEREAS, the Trust desires to adopt the Plan with respect to Class 1
Shares (the "Shares") of the Fund; and
WHEREAS, the Trust has entered into a distribution agreement with
Advest, Inc. pursuant to which Advest acts as principal underwriter of the
Trust's shares and Advest may enter into one or more agreements (each, an
"Agreement") for the sale of the Shares with one or more underwriters,
distributors, dealers or brokers (each, a "Distributor");
WHEREAS, the Board of Trustees as a whole, and the Trustees who are not
interested persons of the Trust (as defined in the Act) and who have no direct
or indirect financial interest in the operation of this Plan or any Agreement
with any Distributor any agreements related thereto, having determined, in the
exercise of their reasonable business judgment and in light of their fiduciary
duties, that there is a reasonable likelihood that this Plan will benefit the
Fund, Class 1 of the Fund and the Class 1 shareholders, have accordingly
approved this Plan by votes cast in person at a meeting called for the purpose
of voting on this Plan; and
WHEREAS, the expenditures to be made by the Fund pursuant to the Plan
and the basis upon which payment of such expenditures will be made shall be
determined from time to time by the Trustees, but in no event may such
expenditures exceed an annual rate of 0.25% of the average daily net assets
represented by such Shares; plus such amounts as the Distributor may expend from
general revenues, profits and other sources from time to time in accordance with
Section 1 of the Plan.
NOW, THEREFORE, the Trust hereby adopts the Plan and this Addendum on
behalf of the Fund in accordance with Rule 12b-1 under the Act and the Trust, on
behalf of the Fund, and Advest agree to be bound by the terms of the Plan and
this Addendum, including, but not limited to, the amount and purpose of payments
to be made thereunder.
IN WITNESS WHEREOF, the parties hereto have caused this Addendum to be
executed in their names and on their behalf as of the day and year first written
above.
BOSTON ADVISORS TRUST ADVEST, INC.
By:___________________________ By: _____________________________
Xxxxxxx X. Xxxxxxxxx Xxxxxxx X. Xxxxxx
President Title: Senior Vice President of the
Private Client Group
