Exhibit (d)(3)(xiv)
CDC IXIS ASSET MANAGEMENT ADVISERS, L.P.
000 Xxxxxxxx Xxxxxx
Xxxxxx, XX 00000
February 12, 2004
Xxxxxxxxxx Global Investors, Inc.
000 Xxxx Xxx Xxxx Xxxx.
Xxxxx 0000
Xxxx Xxxxxxxxxx, Xxxxxxx 00000
Attn: X. Xxxxxxxxxxx Xxxxxxx
CDC Nvest Funds Trust I
CDC Nvest Star International Fund
000 Xxxxxxxx Xxxxxx
Xxxxxx, XX 00000
Attn: Xxxxxxxx Xxxxxxxxx, Treasurer
Re: CDC Nvest Star International Fund Sub-Advisory Agreement Addendum
Dear Gentlemen:
The Sub-Advisory Agreement dated March 1, 2002 among CDC Nvest Funds Trust I
(the "Fund") with respect to its CDC Nvest Star International Fund (formerly,
CDC Nvest Star Worldwide Fund) (the "Series"), CDC IXIS Asset Management
Advisers, L.P. (the "Manager") and Xxxxxxxxxx Global Investors, Inc. (the
"Sub-Adviser") is hereby revised effective March 1, 2004 (1) to delete all
reference to the Series' current name and to replace the name with "Hansberger
International Fund" and (2) to delete section 7 and to replace it with the
following:
7. Compensation of the Sub-Adviser. As full compensation for all services
rendered, facilities furnished and expenses borne by the Sub-Adviser hereunder,
the Sub-Adviser shall be paid in an amount equal to the annual rate of 0.45% of
the first $200 million of average daily net assets of the Series and 0.40% over
$200 million of such assets (or such lesser amount as the Sub-Adviser may from
time to time agree to receive). Such compensation shall be paid by the Trust
(except to the extent that the Trust, the Sub-Adviser and the Manager otherwise
agree in writing from time to time). Such compensation shall be payable monthly
in arrears or at such other intervals, not less frequently than quarterly, as
the Manager is paid by the Series pursuant to the Advisory Agreement.
To indicate your approval and acceptance of the terms of this letter, please
sign below where indicated.
Sincerely,
/s/Xxxxx X. Xxxxxxxxxx
---------------------
Xxxxx X. Xxxxxxxxxx
Executive Vice President, Treasurer, Chief Financial Officer and Chief Operating
Officer
ACCEPTED AND AGREED TO:
CDC Nvest Funds Trust I for
CDC Nvest Star International Fund
By:
/s/Xxxxxxxx Xxxxxxxxx
__________________________
Xxxxxxxx Xxxxxxxxx
Title: Treasurer
Date: February 12, 2004
ACCEPTED AND AGREED TO:
Xxxxxxxxxx Global Investors, Inc.
By:
/s/Xxxxxxxx Xxxxx
__________________________
Name:Xxxxxxxx Xxxxx
Title:Chief Compliance Officer, Chief Administrative Officer
Date: February 26, 2004
