Domini Impact Investments LLC
Exhibit (h)(5)
Domini Impact Investments LLC
000 Xxxxxxxx, 0xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
November 1, 2017
000 Xxxxxxxx, 0xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
| Re: | Amended and Restated Expense Limitation Agreement |
Ladies and Gentlemen:
Domini Impact Investments LLC currently provides oversight and administrative and management services to Domini Investment Trust (the “Trust”), a Massachusetts business trust. We hereby agree with the Trust that we will waive expenses payable to us by the Trust’s series set forth below (each a “Fund”) or will reimburse the Fund for all expenses payable by the Fund to the extent necessary so that the Fund’s aggregate expenses (excluding brokerage fees and commissions, interest, taxes, and other extraordinary expenses), net of waivers and reimbursements, would not exceed, on a per annum basis, the percentage set forth below of that Fund’s average daily net assets.
|
Fund
|
Expense Cap
| |
|
Domini Impact Equity Fund – Class A shares |
1.12% | |
|
Domini Impact Equity Fund – Institutional shares |
0.74% | |
|
|
||
|
Domini Impact International Equity Fund – Class A Shares |
1.51% | |
|
|
||
|
Domini Impact Bond Fund – Investor Shares |
0.87% | |
|
Domini Impact Bond Fund – Institutional Shares |
0.57% |
The agreement in this letter shall take effect on November 30, 2017, and shall remain in effect until November 30, 2018, absent an earlier modification by the Board of Trustees, which oversees the Fund.
Please sign below to confirm your agreement with the terms of this letter.
| Sincerely, | ||
| Domini Impact Investments LLC | ||
| By: | /s/ Xxxxxx X. Xxxxxx | |
| Xxxxxx X. Xxxxxx | ||
| Chief Executive Officer | ||
| Agreed: | ||
| Domini Investment Trust | ||
| By: | /s/ Xxxxxxxxx Xxxxxx | |
| Xxxxxxxxx Xxxxxx | ||
| Treasurer | ||
