APPENDIX A C&B INVESTMENT SUB-ADVISORY AGREEMENT
APPENDIX A
C&B INVESTMENT SUB-ADVISORY AGREEMENT
XXXXX FARGO FUNDS TRUST
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Funds Trust Funds |
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C&B Mid Cap Value Fund
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Most recent annual approval by the Board of Trustees: March 29, 2013
Appendix A amended: July 18, 2008
SCHEDULE A
C&B INVESTMENT SUB-ADVISORY AGREEMENT
FEE AGREEMENT
XXXXX FARGO FUNDS TRUST
This fee agreement is made as of the 18th day of July, 2008, and is amended as of the 29th day of March, 2013, by and between Xxxxx Fargo Funds Management, LLC (the “Adviser”) and Xxxxx & Xxxxxx, X.X. (the “Sub-Adviser”).
WHEREAS, the parties and Xxxxx Fargo Funds Trust 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 below;
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 each Fund’s average daily net assets throughout the month:
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Name of Fund |
Breakpoints |
Sub-Advisory Rate |
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C&B Mid Cap Value Fund1 |
First 250M Next 250M Next 250M Over 750M |
0.55% 0.50% 0.45% 0.40%
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1On March 29, 2013, the Board of Funds Trust approved an advisory fee change to the C&B Mid Cap Value Fund. Effective May 1, 2013 the advisory fees will be: First 200M 0.45%; Next 200M 0.40%; Over 400M 0.35%.
The foregoing fee schedule is agreed to as of March 29, 2013 and shall remain in effect until changed in writing by the parties.
XXXXX FARGO FUNDS MANAGEMENT, LLC
By:
Xxxxxx Xxxx
Executive Vice President
XXXXX & XXXXXX, X.X.
By: _____________________________________
Name:
Title:
