Domini Impact Investments LLC
Exhibit h(11)
Domini Impact Investments LLC
000 Xxxxxx Xxxx. Xxxxx 0000
Xxx Xxxx, Xxx Xxxx 00000-0000
January 15, 2020
000 Xxxxxx Xxxx, Xxxxx 0000
Xxx Xxxx, Xxx Xxxx 00000-0000
Re: Expense Limitation Agreement
Ladies and Gentlemen:
Domini Impact Investments LLC currently provides oversight and administrative and management services to Domini Investment Trust (the “Trust”), a Massachusetts business trust. We hereby agree with the Trust that we will waive expenses payable to us by the Trust’s series set forth below (each a “Fund”) or will reimburse the Fund for all expenses payable by the Fund to the extent necessary so that the Fund’s aggregate expenses (excluding brokerage fees and commissions, interest, taxes, and other extraordinary expenses), net of waivers and reimbursements, would not exceed, on a per annum basis, the percentage set forth below of that Fund’s average daily net assets.
Fund
|
Expense Cap
| |
Domini Sustainable Solutions Fund – Investor shares | 1.40% | |
Domini Sustainable Solutions Fund – Institutional hares | 1.15% |
The agreement in this letter shall take effect on January 31, 2020 or the commencement of operations of each share class, and shall remain in effect until November 30, 2021, absent an earlier modification by the Board of Trustees, which oversees the Fund.
Please sign below to confirm your agreement with the terms of this letter.
Sincerely, | ||||
Domini Impact Investments LLC | ||||
By: | /s/ Xxxxxx X. Xxxxxx | |||
Xxxxxx X. Xxxxxx | ||||
Chief Executive Officer |
Agreed: | ||
Domini Investment Trust | ||
By: | /s/ Xxxxxxxxx Xxxxxx | |
Xxxxxxxxx Xxxxxx | ||
Treasurer |