MANAGEMENT AGREEMENT Mutual Funds Series Trust On behalf of the Catalyst Funds
Mutual Funds Series Trust
On behalf of the Catalyst Funds
Exhibit 1
Percentage of Average
Fund
Daily Net Assets
Catalyst Small-Cap Insider Buying Fund
1.25%
Catalyst Hedged Insider Buying Fund
1.25%
Catalyst Insider Buying Fund
1.00%
Catalyst/SMH High Income Fund
1.00%
Catalyst/SMH Total Return Income Fund
1.00%
Catalyst/Xxxxxxxxx Growth of Income Fund
1.00%
Catalyst/MAP Global Total Return Income Fund
1.00%
Catalyst/MAP Global Capital Appreciation Fund
1.00%
Catalyst Dynamic Alpha Fund
1.00%
Catalyst/CP World Equity Fund*
1.00%
Catalyst/CP Focus Large Cap Fund*
1.00%
Catalyst/CP Focus Mid Cap Fund*
1.00%
Catalyst Insider Long-Short Fund
1.25%
Catalyst Event Arbitrage Fund
1.25%
Catalyst/Xxxxx Tactical Allocation Fund
1.25%
Catalyst/Xxxxx Hedged Premium Return Fund*
1.25%
Catalyst/Princeton Floating Rate Income Fund*
1.00%
Catalyst Hedged Futures Strategy Fund*
1.75%
Catalyst/EquityCompass Buyback Strategy Fund
*
1.00%
Catalyst Macro Strategy Fund*
1.50%
Catalyst Activist Investor Fund*
1.25%
Catalyst Insider Income Fund*
1.00%
Catalyst Absolute Total Return Fund*
1.50%
Catalyst/Stone Beach Income Opportunity Fund*
1.25%
Catalyst/Xxxxxxxxx Aggressive Growth Fund*
1.00%
Catalyst Time Value Trading Fund*
1.75%
Catalyst/Princeton Hedged Income Fund
*
1.25%
Catalyst/Princeton Credit Opportunity Fund*
1.50%
Catalyst MLP & Infrastructure Fund*
1.25%
* For purposes of Section 10 of the Agreement, the execution date of the applicable Exhibit I for the Fund shall be deemed to be the date on which the Fund commences or commenced investment operations.
As amended: November 6, 2014
By: _/s/ Xxxxxx Xxxxxxxx__
Print Name: Xxxxxx Xxxxxxxx
Title: Trustee
Catalyst Capital Advisors LLC
By: /s/ Xxxxx Xxxxxxxx_____
Print Name: Xxxxx Xxxxxxxx
Title: CEO
