Exhibit (d)(5)
CALAMOS INVESTMENT TRUST
March 30, 2006
Calamos Advisors LLC
0000 Xxxxxxx Xxxxx
Xxxxxxxxxx, Xxxxxxxx 00000
Ladies and Gentlemen:
Re: Management Agreement
Pursuant to paragraph 1(b) of the Management Agreement (the "Agreement")
between Calamos Investment Trust and Calamos Advisors LLC dated December 13,
2004, we hereby notify you that the board of trustees of Calamos Investment
Trust has established an additional Sub-Trust, designated Calamos Multi-Fund
Equity, and has appointed you as Manager to act as manager and investment
adviser to that Sub-Trust on the terms and conditions set forth in the
Agreement, except that the Sub-Trust designated Calamos Multi-Fund Equity shall
be not be subject to an advisory fee.
Very truly yours,
CALAMOS INVESTMENT TRUST
By /s/ Xxxxx X. Xxxxxx, Xx.
-------------------------------------
Xxxxx X. Xxxxxx, Xx.
Secretary
Appointment as Manager for the Sub-Trust designated Calamos Multi-Fund Equity
accepted this 30th day of March, 2006.
CALAMOS ADVISORS LLC
By: /s/ Xxxxxxx Xxxxxxx
------------------------------------
Xxxxxxx Xxxxxxx
Executive Vice President and
Chief Financial Officer
