Exhibit (d)(1)(vii)
CDC IXIS ASSET MANAGEMENT ADVISERS, L.P.
000 Xxxxxxxx Xxxxxx
Xxxxxx, XX 00000
February 4, 2004
CDC Nvest Funds Trust I
CDC Nvest Star International Fund
000 Xxxxxxxx Xxxxxx
Xxxxxx, XX 00000
Attn: Xxxxxxxx Xxxxxxxxx, Treasurer
Re: CDC Nvest Star International Fund Advisory Agreement Addendum
Dear Xx. Xxxxxxxxx:
The Advisory Agreement dated October 30, 2000 between CDC Nvest Funds Trust I
(the "Fund") with respect to its CDC Nvest Star International Fund (formerly,
CDC Nvest Star Worldwide Fund) (the "Series") and CDC IXIS Asset Management
Advisers, L.P. (the "Manager") is hereby revised effective March 1, 2004 (1) to
delete all reference to the Series' current name and to replace the name with
"Xxxxxxxxxx International Fund" and (2) to delete section 7 and to replace it
with the following:
7. As full compensation for all services rendered, facilities furnished and
expenses borne by the Manager hereunder, the Fund shall pay the Manager
compensation in an amount equal to the annual rate of 0.80% of the first $200
million of average daily net assets of the Series and 0.75% over $200 million of
such assets (or such lesser amount as the Manager may from time to time agree to
receive) minus any fees payable by the Fund, with respect to the period in
question, to any one or more Subadvisers pursuant to any Subadvisory Agreements
in effect with respect to such period. Such compensation shall be payable
monthly in arrears or at such other intervals, not less frequently than
quarterly, as the Board of Trustees of the Fund may from time to time determine
and specify in writing to the Manager. The Manager hereby acknowledges that the
Fund's obligation to pay such compensation is binding only on the assets and
property belonging to the Series.
To indicate your approval and acceptance of the terms of this letter, please
sign below where indicated.
Sincerely,
----------------------
Xxxxx X. Xxxxxxxxxx
Executive Vice President, Treasurer, Chief Financial Officer and Chief Operating
Officer
ACCEPTED AND AGREED TO:
CDC Nvest Funds Trust I for
CDC Nvest Star Small Cap Fund
By: ______________________
Xxxxxxxx Xxxxxxxxx
Title: Treasurer
Date: February 5, 2004
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