EXHIBIT E.2
AMENDMENT TO
DISTRIBUTION AGREEMENT
between
ACORN INVESTMENT TRUST
and
WAM BROKERAGE SERVICES, L.L.C.
This Amendment to the Distribution Agreement is made this 17th day of
August, 1998 by and between ACORN INVESTMENT TRUST, a business trust organized
and existing under the laws of the Commonwealth of Massachusetts ("Acorn") and
WAM BROKERAGE SERVICES, L.L.C., a limited liability company organized and
existing under the laws of the State of Illinois ("WAM BD").
RECITALS
Acorn and WAM BD entered into a Distribution Agreement (the "Agreement")
dated January 1, 1998 by which Acorn appointed WAM BD as principal underwriter
of its Shares.
The Agreement defines Shares as the "shares of beneficial interest...which
currently are divided into three series, Acorn Fund, Acorn International and
Acorn USA, and including shares of any additional series which may from time to
time be offered for sale to the public."
Acorn has designated and wishes to offer for sale to the public shares of
two additional series, Acorn Twenty and Acorn Foreign Forty, and may from time
to time hereafter wish to offer for sale to the public shares of yet additional
series.
Acorn has entered into an investment advisory agreement dated January 1,
1998 with Xxxxxx Asset Management, L.P. ("WAM"), an affiliate of WAM BD,
pursuant to which WAM has agreed to pay all expenses incurred in the sale and
promotion of shares of Acorn.
THEREFORE, Acorn and WAM BD agree:
As used in the Distribution Agreement, "Shares" shall include the shares of
beneficial interest of the series of Acorn designated Acorn Twenty and Acorn
Foreign Forty.
EXHIBIT E.2
ATTEST: WAM BROKERAGE SERVICES, L.L.C.
/s/ Xxxxxxxxx X. Xxxxxx By: /s/ Xxxxx Xxxxxx
Secretary
ATTEST: ACORN INVESTMENT TRUST
/s/ Xxxxxxxxx X. Xxxxxx By: /s/ Xxxxx Xxxxxx
Secretary
ACKNOWLEDGED:
XXXXXX ASSET MANAGEMENT, L.P.
By: /s/ Xxxxx Xxxxxx
ATTEST:
/s/ Xxxxxxxxx X. Xxxxxx
Secretary
