Columbia Wanger Asset Management, LLC
EX. h.9
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| Columbia Xxxxxx Asset Management, LLC | ||||
| 000 Xxxx Xxxxxx | ||||
| Xxxxx 0000 | ||||
| Xxxxxxx, XX 00000-0000 | ||||
| T: 312.634.9200 | ||||
| xxxxxxxxxxxxxxxxxxxx.xxx | ||||
April 30, 2017
000 X. Xxxxxx Xxxxxx
Xxxxx 0000
Xxxxxxx, Xxxxxxxx 00000
Ladies and Gentlemen:
This agreement amends and restates that certain Fee Waiver and Expense Reimbursement Agreement (the “Agreement”) dated as of July 1, 2016 between Columbia Xxxxxx Asset Management, LLC (“CWAM”) and Columbia Acorn Trust (the “Trust”), on behalf of its series Columbia Acorn International Select (the “Fund”). CWAM hereby contractually undertakes as of the date hereof to waive fees and reimburse certain expenses of the Fund so that the ordinary operating expenses (excluding transaction costs and certain other investment-related expenses, interest and fees on borrowings and expenses associated with the Fund’s investment in other investment companies, if any) of each share class of the Fund do not exceed the annual rates set forth herein (each such annual rate an “Expense Cap”).
The Expense Cap for Class Z shares shall reflect the one-time 0.15% reduction in the total expense ratio for Class Z shares (from 1.30% to 1.15%) effected in the Agreement, and shall be fixed at 1.15%. The Expense Cap for each of the Fund’s other share classes may fluctuate up or down based on certain expense differentials between Class Z and the Fund’s other share classes.
Through April 30, 2018, the Expense Cap for each of the Fund’s share classes is: 1.40% for Class A shares; 2.15% for Class C shares; 1.15% for Class R4 shares; 1.08% for Class R5 shares; 1.03% for Class Y shares; and 1.15% for Class Z shares.
Except with respect to the annual restatement of the Expense Cap for each of the Fund’s share classes other than Class Z, this agreement may not be modified or terminated except by a vote of the Board of Trustees of the Trust and by a separate vote of a majority of the independent trustees of the Trust.
This undertaking shall be binding upon any successors and assignees of CWAM.
EX. h.9
| Very truly yours, | ||
| COLUMBIA XXXXXX ASSET MANAGEMENT, LLC | ||
| By: | /S/ Xxxx Berkshire | |
| Name: Xxxx Berkshire | ||
| Title: Chief Operating Officer | ||
Agreed and accepted by
COLUMBIA ACORN TRUST, on behalf of its series Columbia Acorn International Select
| By: | /S/ Xxxx Xxxxx | |
| Name: Xxxx Xxxxx | ||
| Title: Vice President and Treasurer |
