Exhibit (d)(2)(v)
CDC IXIS ASSET MANAGEMENT ADVISERS, L.P.
000 Xxxxxxxx Xxxxxx
Xxxxxx, XX 00000
June 1, 2001
CDC Nvest Funds Trust I
CDC Nvest Star Advisers Fund
000 Xxxxxxxx Xxxxxx
Xxxxxx, XX 00000
Re: CDC Nvest Star Advisers Fund Advisory Agreement Addendum
Dear Ladies and Gentlemen:
The Advisory Agreement dated October 30, 2000 between CDC Nvest Funds Trust I
("xxx Xxxx") with respect to its CDC Nvest Star Advisers Fund ("the Series") and
CDC IXIS Asset Management Advisers, L.P. ("the Manager") is hereby amended by
deleting section 7 and replacing it with the following:
7. As full compensation for all services rendered, facilities furnished and
expenses borne by the Manager hereunder, the Fund shall pay the Manager
compensation at the annual rate of 1.05% of the first $1 billion of the average
daily net assets of the Series, 1.00% of the next $1 billion of the Fund's
average daily net assets and 0.95% of such assets in excess of $2 billion (or
such lesser amount as the Manager may from time to time agree to receive) minus
any fees payable by the Fund, with respect to the period in question, to any one
or more Subadvisers pursuant to any Subadvisory Agreements in effect with
respect to such period. Such compensation shall be payable monthly in arrears or
at such other intervals, not less frequently than quarterly, as the Board of
Trustees of the Fund may from time to time determine and specify in writing to
the Manager. The Manager hereby acknowledges that the Fund's obligation to pay
such compensation is binding only on the assets and property belonging to the
Series.
To indicate your approval and acceptance of the terms of this letter, please
sign below where indicated.
Sincerely,
/s/ Xxxxxx Xxxxx Xxxxxxx
------------------------
Xxxxxx Xxxxx Xxxxxxx
Vice President, Associate General Counsel, Assistant Secretary and Assistant
Clerk CDC IXIS Asset Management Advisers, L.P.
ACCEPTED AND AGREED TO:
CDC Nvest Funds Trust I for
CDC Nvest Star Advisers Fund
By: /s/ Xxxxxx X. Xxxxxxxxxx
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Xxxxxx X. Xxxxxxxxxx
Title: Treasurer
Date: June 1, 2001
