MANAGEMENT AGREEMENT
MANAGEMENT AGREEMENT
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 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 Balanced Fund | 1.00% |
| Catalyst/MAP Global Equity 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/Xxxxx Tactical Allocation Fund | 1.25% |
| Catalyst Exceed Defined Risk Fund* | 1.25% |
| Catalyst/Princeton Floating Rate Income Fund* | 1.00% |
| Catalyst Hedged Futures Strategy Fund* | 1.75% |
| Catalyst Buyback Strategy Fund* | 1.00% |
| Catalyst Macro Strategy Fund* | 1.50% |
| Catalyst Insider Income Fund* | 1.00% |
| Catalyst Intelligent Alternative Fund* | 1.50% |
| Catalyst/Stone Beach Income Opportunity Fund* | 1.25% |
| Catalyst Time Value Trading Fund* | 1.75% |
| Catalyst/Princeton Unconstrained Hedged Income Fund* | 1.25% |
| Catalyst/Princeton Credit Opportunity Fund* | 1.50% |
| Catalyst MLP & Infrastructure Fund* | 1.25% |
| Catalyst/Auctos Managed Futures Multi-Strategy Fund* | 1.75% |
| Catalyst IPOx Allocation Fund* | 1.50% |
| Catalyst Hedged Commodity Strategy Fund* | 1.75% |
| Catalyst/Millburn Hedge Strategy Fund* | 1.75% |
| Catalyst/Exceed Defined Shield 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: May 16, 2017
By: /s/ Xxxxxx Xxxxxxxx
Print Name: Xxxxxx Xxxxxxxx
Title: Trustee
Catalyst Capital Advisors LLC
By: /s/ Xxxxx Xxxxxxxx
Print Name: Xxxxx Xxxxxxxx
Title: CEO
