LITMAN GREGORY FUNDS TRUST AMENDMENT TO UNIFIED INVESTMENT ADVISORY AGREEMENT
XXXXXX XXXXXXX FUNDS TRUST
AMENDMENT TO UNIFIED INVESTMENT ADVISORY AGREEMENT
THIS AMENDMENT TO UNITED INVESTMENT ADVISORY AGREEMENT (this “Amendment”), dated as of the 31st day of August, 2011, is entered into by and between XXXXXX XXXXXXX FUNDS TRUST, a Delaware statutory trust (the “Trust”), and XXXXXX XXXXXXX FUND ADVISORS, LLC, a California limited liability company (the “Advisor,” and together with the Trust, the “Parties”).
RECITALS
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WHEREAS, the Parties have entered into the United Investment Advisory Agreement, dated as of May 28, 2003, as amended (the “Agreement”);
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WHEREAS, the Trust has recently changed its name from The Masters’ Select Funds Trust to Xxxxxx Xxxxxxx Funds Trust;
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WHEREAS, the Advisor has recently changed its name from Xxxxxx/Xxxxxxx Fund Advisors, LLC to Xxxxxx Xxxxxxx Fund Advisors, LLC;
WHEREAS, the Trust has established a new series, Xxxxxx Xxxxxxx Masters Alternative Strategies Fund (the “Fund”);
WHEREAS, the Trust desires to retain the Advisor, and the Advisor desires, to provide investment management advice and services to the Fund;
WHEREAS, the Parties desire to amend the Agreement to reflect the aforementioned changes; and
WHEREAS, this Amendment has been approved by the Board of Trustees of the Trust, including a majority of the Trustees who are not “interested persons” of the Trust, as such term is defined in the Investment Company Act of 1940, as amended, by a vote cast in person at a meeting held for the purpose of voting on this Amendment.
NOW, THEREFORE, in consideration of the mutual agreements herein set forth, and for other good and valuable consideration, the adequacy and sufficiency of which are hereby acknowledged, the Parties agree as follows:
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1.
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All references to “The Masters’ Select Funds Trust” in the Agreement are hereby replaced with “Xxxxxx Xxxxxxx Funds Trust.”
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2.
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All references to “Xxxxxx/Xxxxxxx Fund Advisors, LLC” in the Agreement are hereby replaced with “Xxxxxx Xxxxxxx Fund Advisors, LLC.”
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3.
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Appendix A to the Agreement is hereby suspended and replaced in its entirety with Appendix A attached to this Amendment.
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4.
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Appendix B to the Agreement is hereby suspended and replaced in its entirety with Appendix B attached to this Amendment.
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5.
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Except as expressly amended by this Amendment, the Agreement shall remain unchanged and in full force and effect.
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IN WITNESS WHEREOF, the Parties have caused this Amendment to be duly executed by their duly authorized officers on one or more counterparts, all on the date and year first above written.
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XXXXXX XXXXXXX FUNDS TRUST
on behalf of its series listed on Appendix A
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XXXXXX XXXXXXX FUND ADVISORS, LLC
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By:
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By:
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Name:
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Name:
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Title:
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Appendix A
FUND SCHEDULE – XXXXXX XXXXXXX FUNDS TRUST
(updated August 31, 2011)
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Fund
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Effective Date
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· Xxxxxx Xxxxxxx Masters Select Equity Fund
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December 4, 1996
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· Xxxxxx Xxxxxxx Masters Select International Fund
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December 1, 1997
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· Xxxxxx Xxxxxxx Masters Select Value Fund
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June 7, 2000
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· Xxxxxx Xxxxxxx Masters Select Smaller Companies Fund
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April 30, 2003
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· Xxxxxx Xxxxxxx Masters Focused Opportunities Fund
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June 22, 2006
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· Xxxxxx Xxxxxxx Masters Alternative Strategies Fund
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August 31, 2011
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XXXXXX XXXXXXX FUNDS TRUST
on behalf of its series listed above
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XXXXXX XXXXXXX FUND ADVISORS, LLC
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By:
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By:
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Name:
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Name:
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Title:
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Title:
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Appendix B
FEE SCHEDULE – XXXXXX XXXXXXX FUNDS TRUST
(updated August 31, 2011)
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Fund
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Fee Rate
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· Xxxxxx Xxxxxxx Masters Select Equity Fund
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1.10% of the Fund’s daily net assets up to $750 million
1.00% of the Fund’s daily net assets in excess of $750 million
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· Xxxxxx Xxxxxxx Masters Select International Fund
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1.10% of the Fund’s daily net assets up to $1 billion
1.00% of the Fund’s daily net assets in excess of $1 billion
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· Xxxxxx Xxxxxxx Masters Select Value Fund
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1.10% of the Fund’s daily net assets up to $1 billion
1.00% of the Fund’s daily net assets in excess of $1 billion
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· Xxxxxx Xxxxxxx Masters Select Smaller Companies Fund
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1.14% of the Fund’s daily net assets up to $450 million
1.04% of the Fund’s daily net assets in excess of $450 million
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· Xxxxxx Xxxxxxx Masters Focused Opportunities Fund
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1.10% of the Fund’s daily net assets up to $1 billion
1.00% of the Fund’s daily net assets in excess of $1 billion
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· Xxxxxx Xxxxxxx Masters Alternative Strategies Fund
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1.40% of the Fund’s daily net assets up to $2 billion
1.30% of the Fund’s daily net assets between $2 billion and $3 billion
1.25% of the Fund’s daily net assets between $3 billion and $4 billion
1.20% of the Fund’s daily net assets in excess of $4 billion
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XXXXXX XXXXXXX FUNDS TRUST
on behalf of its series listed above
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XXXXXX XXXXXXX FUND ADVISORS, LLC
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By:
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By:
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Name:
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Name:
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Title:
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Title:
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