Exhibit d.2
LIBERTY ACORN TRUST
September 25, 2002
Liberty Xxxxxx Asset Management, L.P.
Attention: Xxxxx X. Xxxxx
000 Xxxx Xxxxxx Xxxxxx, Xxxxx 0000
Xxxxxxx, Xxxxxxxx 00000
Ladies and Gentlemen:
Supplement to Investment Advisory Agreement
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Pursuant to Section 1 of the Investment Advisory Agreement between
Liberty Acorn Trust (the "Trust") and Liberty Xxxxxx Asset Management, L.P.
dated November 1, 2001 (the "Advisory Agreement"), we hereby notify you that the
board of trustees of Liberty Acorn Trust has established an additional series of
the Trust, designated Columbia Thermostat Fund, and has appointed you as
investment adviser to that series of the Trust on the terms and conditions set
forth in the Advisory Agreement, except that for the services to be rendered and
the expenses to be assumed and to be paid by you under the Advisory Agreement,
the Trust on behalf of Columbia Thermostat Fund shall pay to you fees accrued
daily and paid monthly at the annual rate of 0.10% of Columbia Thermostat Fund's
net assets.
Very truly yours,
LIBERTY ACORN TRUST
By /s/ Xxxxx Xxxxxx
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Xxxxx Xxxxxx
Appointment as Advisor for the series of the Trust designated Columbia
Thermostat Fund accepted this 25th day of September 2002.
LIBERTY XXXXXX ASSET MANAGEMENT, L.P.
By WAM Acquisition GP, Inc.
Its General Partner
By /s/ Xxxxx X. Xxxxx
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Xxxxx X. Xxxxx
