Exhibit (d)(3)(xii)
CDC NVEST STAR ADVISERS FUND
Amendment No. 1 to the Subadvisory Agreement
(Xxxxxxx Funds LLC)
June 1, 2001
Pursuant to Section 11 of the Subadvisory Agreement (the "Agreement") dated
October 30, 2000 among CDC Nvest Funds Trust I, with respect to its CDC Nvest
Star Advisers Fund series (the "Series"), CDC IXIS Asset Management Advisers,
L.P. (the "Manager", formerly Nvest Funds Management, L.P.) and Xxxxxxx Funds
LLC. (the "Subadviser"), the Agreement is hereby amended by deleting Section 7
in its entirety and replacing it with the following:
7. Compensation of the Subadviser. As full compensation for all services
rendered, facilities furnished and expenses borne by the Subadviser hereunder,
the Subadviser shall be paid at the annual rate of 0.55% of the first $50
million of its Segment's average daily net assets, 0.50% of the next $200
million of its Segment's average daily net assets, 0.475% of the next $250
million of its Segment's average daily net assets and 0.450% of its Segment's
average daily net assets in excess of $500 million. Such compensation shall be
paid by the Trust (except to the extent that the Trust, the Subadviser and the
Manager otherwise agree in writing from time to time). Such compensation shall
be payable monthly in arrears or at such other intervals, not less frequently
than quarterly, as the Manager is paid by the Series pursuant to the Advisory
Agreement.
CDC IXIS ASSET MANAGEMENT ADVISERS, L.P.
By: CDC IXIS Asset Management Distribution Corporation, its general partner
By: /s/ Xxxx X. Xxxxxx
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Name: Xxxx X. Xxxxxx
Title: President
XXXXXXX FUNDS LLC
By: /s/ Xxxxxxxxx X. Xxxxxxx
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Name: Xxxxxxxxx X. Xxxxxxx
Title: President and Chief Executive Officer
CDC NVEST FUNDS TRUST I
On behalf of its CDC Nvest Star Advisers Fund series
By: /s/ Xxxx X. Xxxxxx
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Name: Xxxx X. Xxxxxx
Title: President