CWAM LETTERHEAD] May 1, 2018
[CWAM LETTERHEAD]
May 1, 2018
Xxxxxx Advisors Trust
000 X. Xxxxxx Xxxxxx
Suite 3000
Chicago, Illinois 60606
Ladies and Gentlemen:
Columbia Xxxxxx Asset Management, LLC (“CWAM”) hereby contractually undertakes, for the term specified below, with respect to Columbia Acorn Select, a series of Columbia Acorn Trust, and Xxxxxx Select, a series of Xxxxxx Advisors Trust (each a “Fund”), to waive 20 basis points of each Fund’s advisory fee otherwise payable to CWAM under the applicable investment advisory agreement.
This undertaking will be in effect from May 1, 2018 through April 30, 2019, unless otherwise agreed to in writing by CWAM and a Fund. When determining whether a Fund’s total expenses exceed any applicable expense cap under another contractual or voluntary fee waiver or expense reimbursement arrangement between a Fund and CWAM or its affiliates, the Fund’s net advisory fee (that is, the advisory fee payable after application of the 20 basis points waiver established hereby) will be used to calculate the Fund’s total expenses.
CWAM acknowledges and agrees that it shall not be entitled to collect on or make a claim for waived fees that are the subject of this undertaking at any time in the future.
| Very truly yours, | ||
| COLUMBIA XXXXXX ASSET MANAGEMENT, LLC | ||
| By: | /s/ X. Xxxxxxx Xxxx | |
| X. Xxxxxxx Xxxx | ||
| President | ||
Agreed and accepted by
COLUMBIA ACORN TRUST, on behalf of its series Columbia Acorn Select
XXXXXX ADVISORS TRUST, on behalf of its series Xxxxxx Select
| By: | /s/ Xxxx Xxxxx | |
| Xxxx Xxxxx | ||
| Vice President and Treasurer |
