Management Fee Waiver Agreement

 Exhibit 99(d)(xxi)

Management Fee Waiver Agreement

This Management Fee Waiver Agreement (the “Agreement”) is made and entered into as of this 1^st day of April, 2016 between Lord, Xxxxxx & Co. LLC (“Lord Xxxxxx”) and Lord Xxxxxx Investment Trust (the “Trust”) with respect to Lord Xxxxxx Diversified Equity Strategy Fund.

In consideration of good and valuable consideration, receipt of which is hereby acknowledged, it is agreed as follows:

1. Lord Xxxxxx agrees for the time period set forth in paragraph 2 below to waive its management and administrative services fees at an annual rate of 0.05%.

2. This Agreement will be effective from April 1, 2016 through March 31, 2017. This Agreement may be terminated only by the Board of Trustees of the Trust upon written notice to Lord Xxxxxx.

IN WITNESS WHEREOF, Lord Xxxxxx and the Trust have caused this Agreement to be executed by a duly authorized member and officer, respectively, to become effective as of the day and year first above written.

	Lord, Xxxxxx & Co. llc
	By:	/s/ Xxxxxxxx X. Xxxxxx
		Xxxxxxxx X. Xxxxxx
		Member and General Counsel
	Lord Xxxxxx Investment Trust
	By:	/s/ Xxxxxx X. Xxxxxxxxx
		Xxxxxx X. Xxxxxxxxx
		Vice President and Assistant Secretary