FORUM FUNDS INVESTMENT ADVISORY AGREEMENT Appendix A
FORUM FUNDS
INVESTMENT ADVISORY AGREEMENT
Appendix A
Funds of the Trust | Fee as a % of the Annual Average Daily Net Assets of the Fund |
Effective Date | ||||||
Merk Hard Currency Fund* | 1.00% | May 9, 2005 | ||||||
Merk Absolute Return Currency Fund** | 1.00% | September 9, 2009 |
IN WITNESS WHEREOF, the parties hereto have caused this Revised Appendix A to be duly executed all as of February 29, 2016.
FORUM FUNDS | |||||
/s/ Xxxxxxx Xxxxx | |||||
Xxxxxxx Xxxxx | |||||
President, Forum Funds | |||||
MERK INVESTMENTS, LLC | |||||
/s/ Xxxx Xxxx | |||||
Xxxx Xxxx | |||||
President |
* Approved by the Board of Trustees of the Forum Funds May 8, 2005
** Approved by the Board of Trustees of the Forum Funds August 18, 2009