HOTCHKIS AND WILEY FUNDS AMENDMENT TO THE AMENDED AND RESTATED FUND ACCOUNTING SERVICING AGREEMENT
HOTCHKIS AND WILEY FUNDS
AMENDMENT TO THE
AMENDED AND RESTATED FUND ACCOUNTING SERVICING AGREEMENT
THIS AMENDMENT dated as of the 17th day of November, 2010, to the Amended and Restated Fund Accounting Servicing Agreement, dated as of October 26, 2005, as amended January 1, 2008, February 5, 2009 and May 12, 2010 (the "Fund Accounting Agreement"), is entered into by and between HOTCHKIS AND WILEY FUNDS, a Delaware statutory trust (the "Trust") and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company ("USBFS").
RECITALS
WHEREAS, the parties have entered into the Fund Accounting Agreement; and
WHEREAS, the parties desire to amend the Funds and the fees of the Fund Accounting Agreement; and
WHEREAS, Section 15 of the Fund Accounting Agreement allows for its amendment by a written instrument executed by both parties.
NOW, THEREFORE, the parties agree that Exhibit A and Exhibit B of the Fund Accounting Agreement are superseded and replaced with Amended Exhibit A and Amended Exhibit B attached hereto.
Except to the extent amended hereby, the Fund Accounting Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.
|
HOTCHKIS AND WILEY FUNDS
|
U.S. BANCORP FUND SERVICES, LLC
|
|
By: /s/ Xxxx Xxxxx Xxxxx
|
By: /s/ Xxxxxxx X. XxXxx
|
|
Printed Name: Xxxx Xxxxx Xxxxx
|
Printed Name: Xxxxxxx X. XxXxx
|
|
Title: President
|
Title: Executive Vice President
|
1
Amended Exhibit A to the
Fund Names
Separate Series of Hotchkis and Wiley Funds
|
Name of Series
|
Date Added
|
|
Hotchkis and Wiley Value Opportunities Fund1
|
12-31-2002
|
|
Hotchkis and Wiley Diversified Value Fund2
|
08-24-2004
|
|
Hotchkis and Wiley Large Cap Value Fund
|
10-19-2001
|
|
Hotchkis and Wiley Mid-Cap Value Fund
|
10-19-2001
|
|
Hotchkis and Wiley Small Cap Value Fund
|
10-19-2001
|
|
Hotchkis and Wiley High Yield Fund
|
03-31-2009
|
|
Hotchkis and Wiley Capital Income Fund
|
on or after 12-31-2010
|
Amended Exhibit B to the Fund Accounting Servicing Agreement
Hotchkis and Wiley Funds
|
ANNUAL FEE SCHEDULE Effective January 1, 2011 (except Hotchkis and Wiley Capital Income Fund)
|
|
|
Annual fee based upon assets in the Fund Complex*:
[ ] basis points on the first $[ ] billion
[ ] basis points on the next $[ ] billion
[ ] basis points on the balance > $[ ] billion
*Minimum annual fee for 6 funds (19 cusips): $[ ]. Subject to change with changes in the total number of funds and/or classes, as mutually agreed upon in writing by the Trust and USBFS.
Fills are billed monthly (in arrears)
|
Extraordinary services - quoted separately
Conversion Estimate – one month’s fee (if necessary)
NOTE- All schedules subject to change depending upon the use of derivatives – options, futures, short sales, etc.
All fees are billed monthly plus out-of-pocket expenses, including pricing, corporate action, and factor services:
· $[ ] Domestic and Canadian Equities
· $[ ] Options
· $[ ] Corp/Gov/Agency Bonds
· $[ ] CMOs
· $[ ] International Equities and Bonds
· $[ ] Municipal Bonds
· $[ ] Money Market Instruments
· $[ ] /fund/month - Mutual Fund Pricing
· $[ ] Per Corporate Action
Factor Services (BondBuyer)
Per CMO - $[ ] per month
Per Mortgage Backed - $[ ] /month
Minimum - $[ ] /month
|
The fees schedules for Fund Accounting/Fund Administration & Compliance Services for the Capital Income Fund are combined under Exhibit B to the Fund Administration Servicing Agreement between the Trust and USBFS.
3
