ALPS ADVISORS, INC.
Exhibit (h)(66)
ALPS ADVISORS, INC.
0000 Xxxxxxxx, Xxxxx 0000
Denver, CO 80203
September 11, 2012
Xx. Xxxxxx X. Xxxxx, Chairman
0000 Xxxxxxxx, Xxxxx 0000
Denver, CO 80203
| Re: | Financial Investors Trust (the “Trust”) – ALPS/Alerian MLP Infrastructure Index Fund (the “Fund”) |
Dear Xx. Xxxxx:
This letter confirms the agreement by ALPS Advisors, Inc. (the “Adviser”) with the Trust to contractually limit the total amount of the “Management Fees” and “Other Expenses” that they are entitled to receive from the Fund. To the extent the Total Annual Fund Operating Expenses (as defined in Item 3 to Form N-1A), after such expense reimbursement and/or fee waiver (exclusive of distribution and service (12b-1) fees, shareholder services fees, acquired fund fees and expenses, brokerage commissions, taxes and extraordinary expenses) does not exceed 0.85% for each of the Class A, Class C and Class I shares of the Fund, the Adviser will reduce the fee payable with respect to the Fund to the extent of such excess and/or shall reimburse the Fund (or class as applicable) by the amount of such excess. The waiver or reimbursement shall be allocated to each class of the Fund in the same manner as the underlying expenses or fees were allocated.
The Adviser agrees that the above fee waivers and reimbursements for the Fund are effective through at least August 31, 2014. The Adviser will be permitted to recover, on a class-by-class basis, expenses it has borne through this letter agreement to the extent that the Fund’s expenses in later periods fall below the annual rates set forth in this letter agreement. Notwithstanding the foregoing, the Fund will not be obligated to pay any such deferred fees and expenses more than three years after the end of the fiscal year in which the fee ands expenses were deferred.
| ALPS ADVISORS, INC. | ||||
| By: | /s/ Xxxxxx X. Xxxxxx |
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| Name: | Xxxxxx X. Xxxxxx | |||
| Title: | President | |||
Your signature below acknowledges acceptance of this letter agreement:
| FINANCIAL INVESTORS TRUST | ||||
| By: | /s/ Xxxxxx X. Xxxxx |
|||
| Name: | Xxxxxx X. Xxxxx | |||
| Title: | President | |||
