FORM OF LETTER AGREEMENT SYSTEMATIC MID CAP VALUE FUND Investment Management Agreement
Exhibit d.13
FORM OF
SYSTEMATIC MID CAP VALUE FUND
Investment Management Agreement
December [15], 2006
Managers Investment Group LLC
000 Xxxxxxxxxxx Xxxxxx
Xxxxxxx, Xxxxxxxxxxx 00000
Attn: Xxxxx Xxxxxxxx
Re: | Investment Management Agreement between Managers Investment Group LLC and Managers AMG Funds, dated as of October 19, 1999 |
Ladies and Gentlemen:
Pursuant to Section 1(b) of the Investment Management Agreement between Managers Investment Group LLC (f/k/a The Managers Funds LLC) and Managers AMG Funds (the “Trust”), dated October 19, 1999 and as amended from time to time, the Trust hereby advises you that it is creating a new series to be named Systematic Mid Cap Value Fund (the “New Fund”), and that the Trust desires Managers Investment Group LLC to provide management and investment advisory services with respect to the New Fund pursuant to the terms and conditions of the Investment Management Agreement. Attached as Appendix A is an amendment to Schedule A to the Investment Management Agreement.
Please acknowledge your agreement to provide such management and investment advisory services to the New Fund by executing this letter agreement in the space provided below and then returning it to the undersigned.
Sincerely, | ||
Managers AMG Funds | ||
By: | ||
Name: | ||
Title: |
ACKNOWLEDGED AND ACCEPTED | ||
Managers Investment Group LLC | ||
By: | ||
Name: | ||
Title: | ||
Date: |
AMENDMENT TO
SCHEDULE A
Systematic Mid Cap Value Fund
Advisory Fees pursuant to Section 2(a)
The Trust shall pay to the Advisor an annual gross investment advisory fee equal to 0.75% of the average daily net assets of the Systematic Mid Cap Value Fund. Such fee shall be accrued daily and paid as soon as practical after the last day of each calendar month.
Administration Fees Pursuant to Section 2(b)
None.