APPENDIX A WELLS FARGO ASSET MANAGEMENT (INTERNATIONAL), LLC (formerly, First International Advisors, LLC) SUB-ADVISORY AGREEMENT WELLS FARGO FUNDS TRUST Alternative Risk Premia Fund1 Emerging Markets Bond Fund International Bond Fund International...
APPENDIX A
XXXXX FARGO ASSET MANAGEMENT (INTERNATIONAL), LLC
(formerly, First International Advisors, LLC)
XXXXX FARGO FUNDS TRUST
Alternative Risk Premia Fund1
Emerging Markets Bond Fund
International Bond Fund
International Government Bond Fund
Strategic Income Fund
Appendix A amended: November 9, 2018
1On November 9, 2018 the Board of Trustees of Xxxxx Fargo Funds Trust approved the establishment of the Alternative Risk Premia Fund, effective on or about December 3, 2018.
APPENDIX B
XXXXX FARGO ASSET MANAGEMENT (INTERNATIONAL), LLC
(formerly, First International Advisors, LLC)
FEE AGREEMENT
XXXXX FARGO FUNDS TRUST
This fee agreement is effective as of the 9th day of July, 2010, and is amended as of the 9th day of November, 2018, by and between Xxxxx Fargo Funds Trust (the “Trust”), Xxxxx Fargo Funds Management, LLC (the “Adviser”) and Xxxxx Fargo Asset Management (International), LLC (the “Sub-Adviser”).
WHEREAS, the parties have entered into an Investment Sub-Advisory Agreement (“Sub-Advisory Agreement”) whereby the Sub-Adviser provides management and other services to the series of the Trust listed in Appendix A to the Sub-Advisory Agreement (the “Fund”); and
WHEREAS, the Sub-Advisory Agreement provides that the fees to be paid to the Sub-Adviser are to be as indicated on this Appendix B;
NOW THEREFORE, the parties agree that the fees to be paid to the Sub-Adviser under the Sub-Advisory Agreement shall be calculated and paid on a monthly basis by applying the annual rates indicated below to the average daily net assets of the Fund throughout the month:
|
Sub-Advisory Fee |
||
|
Alternative Risk Premia Fund (asset allocation management fee1) |
First 100M Next 200M Next 200M Over 500M |
0.10 0.10 0.10 0.10 |
|
Alternative Risk Premia Fund (portfolio sleeve management fee2) |
First 100M Next 200M Next 200M Over 500M |
0.15 0.125 0.10 0.075 |
|
Emerging Markets Bond Fund |
0.00 |
|
|
International Bond Fund |
First 100M Next 200M Over 300M |
0.35 0.30 0.20 |
|
International Government Bond Fund |
0.00 |
|
|
Strategic Income Fund3 |
First 100M Next 200M Over 300M |
0.35 0.30 0.20 |
If the Sub-Adviser shall provide management and other services for less than the whole of a month, the foregoing compensation shall be prorated based on the number of days in the month that such Sub-Adviser provided management and other services to the Fund.
1For asset allocation services, Xxxxx Fargo Asset Management (International), LLC would receive this fee on the entirety of the Fund’s portfolio.
2For portfolio management services, Xxxxx Fargo Asset Management (International), LLC would receive this fee on assets in the sleeve that will be co-managed with Xxxxx Capital Management Incorporated. Xxxxx Fargo Asset Management (International), LLC’s services will not be duplicative of those to be provided by Xxxxx Capital Management Incorporated.
3These fees will be paid based on assets under management attributable to the portion of the Fund’s portfolio managed by the Sub-Adviser.
The foregoing fee schedule is agreed to as of this 9th day of November, 2018, and shall remain in effect until agreed and changed in writing by the parties.
XXXXX FARGO FUNDS TRUST
on behalf of the Fund
By:
Xxxxxx Xxxx
President
XXXXX FARGO FUNDS MANAGEMENT, LLC
By:
Xxxx Xxxxx
Senior Vice President
XXXXX FARGO ASSET MANAGEMENT (INTERNATIONAL), LLC
By:
Xxxxx Xxxxxx
Managing Director
