APPENDIX A SSgA FUNDS MANAGEMENT, INC. INVESTMENT SUB-ADVISORY AGREEMENT WELLS FARGO MASTER TRUST
APPENDIX A
SSgA FUNDS MANAGEMENT, INC.
INVESTMENT SUB-ADVISORY AGREEMENT
XXXXX FARGO MASTER TRUST
|
Master Trust Portfolios |
|
Diversified Fixed Income Portfolio Diversified Stock Portfolio
|
Most recent annual approval by the Board of Trustees: March 29, 2013
Appendix A amended: June 1, 2013
APPENDIX B
SSgA FUNDS MANAGEMENT, INC.
XXXXX FARGO MASTER TRUST
INVESTMENT SUB-ADVISORY AGREEMENT
FEE AGREEMENT
This fee agreement is made as of the 27th day of May, 2005, and is amended as of the 1st day of June, 2013, by and between Xxxxx Fargo Master Trust (the “Trust”), Xxxxx Fargo Funds Management, LLC (the “Adviser”) and SSgA Funds Management, Inc. (the “Sub-Adviser”).
WHEREAS, the parties have entered into an Investment Sub-Advisory Agreement (“Sub-Advisory Agreement”) whereby the Sub-Adviser provides management and other services to each series of the Trust listed in Appendix A to the Sub-Advisory Agreement (each a “Fund” and collectively the “Funds”); and
WHEREAS, the Sub-Advisory Agreement provides that the fees to be paid to the Sub-Adviser are to be as indicated on this Appendix B;
NOW THEREFORE, the parties agree that the fees to be paid to the Sub-Adviser under the Sub-Advisory Agreement shall be calculated and paid on a monthly basis by applying the annual rates indicated below to the Fund’s average daily net assets throughout the month:
|
Name of Fund |
Breakpoints |
Sub-Advisory Rate |
|
Diversified Fixed Income Portfolio |
First 500M Next 1.5B Next 2B Next 2B Over 6B |
0.070% 0.055% 0.045% 0.035% 0.025% |
|
Diversified Stock Portfolio |
First 500M Next 1.5B Next 2B Next 2B Over 6B |
0.070% 0.055% 0.045% 0.035% 0.025% |
If the Sub-Adviser shall provide management and other services for less than the whole of a month, the foregoing compensation shall be prorated based on the number of days in the month that such Sub-Adviser provided management and other services to the Funds.
The foregoing fee schedule is agreed to as of June 1, 2013 and shall remain in effect until changed in writing by the parties.
XXXXX FARGO MASTER TRUST
on behalf of the Funds
By:
X. Xxxxx Xxxxxxx
Secretary
XXXXX FARGO FUNDS MANAGEMENT, LLC
By:
Xxxxxx Xxxx
Executive Vice President
SSgA FUNDS MANAGEMENT, INC.
By:
Name:
Title:
