AMENDMENT NO. 1 TO INVESTMENT ADVISORY AGREEMENT
AMENDMENT NO. 1 TO INVESTMENT ADVISORY AGREEMENT
THIS AMENDMENT NO. 1 (this “Amendment”) is made this 31st day of October, 2016, by and between FUNDX INVESTMENT TRUST (the “Trust”), a statutory trust organized under the laws of the State of Delaware, and FUNDX INVESTMENT GROUP LLC (the “Advisor”), with respect to the Investment Advisory Agreement (the “Agreement”) between the Trust and the Advisor dated August 4, 2014.
This Amendment is for the purpose of adding an additional series of the Trust to the Agreement.
1.
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Schedule A to the Agreement is hereby amended in its entirety and replaced with Schedule A attached to this Amendment.
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2.
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Except as expressly amended by this Amendment, the Agreement shall remain in full force and effect.
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed by their duly authorized officers, all on the day and year first above written.
FUNDX INVESTMENT GROUP LLC
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on behalf of the series listed on Schedule A
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By: /s/ Xxxxx Xxxxxx
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By: /s/ Xxxxx Xxxxx
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Name: Xxxxx Xxxxxx
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Name: Xxxxx Xxxxx
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Title: President
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Title: President
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SCHEDULE A
(As of October 31, 2016)
Series of FundX
Investment Trust
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Annual Fee Rate
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Effective Date
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FundX Upgrader Fund
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1.00% on assets up to $500 million, 0.90% on assets between $500 million and $750 million, 0.80% on assets between $750 million and $1 billion, and 0.70% on assets over $1 billion.
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August 4, 2014
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FundX Aggressive Upgrader Fund
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1.00% on assets up to $500 million, 0.90% on assets between $500 million and $750 million, 0.80% on assets between $750 million and $1 billion, and 0.70% on assets over $1 billion.
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August 4, 2014
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FundX Conservative Upgrader Fund
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1.00% on assets up to $500 million, 0.90% on assets between $500 million and $750 million, 0.80% on assets between $750 million and $1 billion, and 0.70% on assets over $1 billion.
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August 4, 2014
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FundX Flexible Income Fund
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0.70% of average daily net assets
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August 4, 2014
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FundX Tactical Upgrader Fund
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1.00% of average daily net assets
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August 4, 2014
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FundX Tactical Total Return Fund
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1.00% of average daily net assets
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August 4, 2014
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FundX Sustainable Impact Fund
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1.00% on assets up to $500 million, 0.90% on assets between $500 million and $750 million, 0.80% on assets between $750 million and $1 billion, and 0.70% on assets over $1 billion.
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October 31, 2016
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FUNDX INVESTMENT GROUP LLC
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By: /s/ Xxxxx Xxxxxx
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By: /s/ Xxxxx Xxxxx
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Name: Xxxxx Xxxxxx
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Name: Xxxxx Xxxxx
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Title: President
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Title: President
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