APPENDIX A PEREGRINE INVESTMENT SUB-ADVISORY AGREEMENT
APPENDIX A
PEREGRINE INVESTMENT SUB-ADVISORY AGREEMENT
XXXXX FARGO MASTER TRUST
|
Master Trust Funds |
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Small Company Growth Portfolio Small Company Value Portfolio
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Most recent annual approval by the Board of Trustees: March 29, 2013
Appendix A amended: November 16, 2010
SCHEDULE A
XXXXX FARGO MASTER TRUST
INVESTMENT SUB-ADVISORY AGREEMENT
AMENDED AND RESTATED FEE AGREEMENT
This amended and restated fee agreement is made as of the 1st day of January, 2013, and is amended as of the 29th day of March, 2013, by and between Xxxxx Fargo Funds Management, LLC (the “Adviser”) and Peregrine Capital Management, Inc. (the “Sub-Adviser”); and
WHEREAS, the parties and Xxxxx Fargo Master Trust (the “Trust”) have entered into an Investment Sub-Advisory Agreement (“Sub-Advisory Agreement”) whereby the Sub-Adviser provides investment management advice to each series of the Trust as listed in Appendix A to the Sub-Advisory Agreement (each a “Fund” and collectively the “Funds”).
WHEREAS, the Sub-Advisory Agreement provides that the fees to be paid to the Sub-Adviser are to be as agreed upon in writing by the parties.
NOW THEREFORE, the parties agree that the fees to be paid to the Sub-Adviser under the Sub-Advisory Agreement shall be calculated as follows on a monthly basis by applying annual rate of percentage of the assets of the Funds:
|
Portfolio Name |
Sub-Advisory Fee |
|
|
Small Company Growth Portfolio1 |
First 275M Over 275M |
0.50% 0.45% |
|
Small Company Value Portfolio2 |
First 175M Over 175M |
0.50% 0.75% |
On March 29, 2013, the Board of Xxxxx Fargo Master Trust approved advisory fee changes for the Small Company Growth Portfolio. Effective May 1, 2013, the advisory fees will be: First 300M 0.50%; Over 300M 0.45%.
2 On March 29, 2013, the Board of Xxxxx Fargo Master Trust approved advisory fee changes for the Small Company Value Portfolio. Effective May 1, 2013, the advisory fees will be: First 300M 0.45%; Over 300M 0.40%.
The foregoing fee schedule is agreed to as of March 29, 2013 and shall remain in effect until changed in writing by the parties.
XXXXX FARGO FUNDS MANAGEMENT, LLC
By: _____________________________________
Xxxxxx Xxxx
Executive Vice President
PEREGRINE CAPITAL MANAGEMENT, INC.
By: _____________________________________
Xxxxx X. Xxxx
Chief Financial Officer
