AMENDMENT
TO THE
INVESTMENT ADVISORY AGREEMENT
DATED NOVEMBER 1, 2001
(ADOPTED MARCH 9, 2005)
As of February 10, 2005, the Investment Advisory Agreement dated November 1,
2001 between Columbia Xxxxxx Asset Management, L.P. and Xxxxxx Advisors Trust
(the "Trust") is hereby amended to reduce the rates at which fees are payable
thereunder with respect to each series of the Trust to the rates indicated on
Schedule A hereto.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
duly executed as of March 9, 2005.
XXXXXX ADVISORS TRUST
On behalf of each series listed on Schedule A hereto
By: /s/ Xxxxxxx X. XxXxxxx
-------------------------------
Title: President
-----------------------------
COLUMBIA XXXXXX ASSET MANAGEMENT, L.P.
By: WAM Acquisition GP, Inc., Its General Partner
By: /s/ Xxxxx X. Xxxxx
-------------------------------
Title: Senior Vice President
--------------------------------------
Schedule A
----------------------------------------------- ------------------------ -------------------------------------------
Name of Fund Annual Fee Net Assets
Rate
----------------------------------------------- ------------------------ -------------------------------------------
Xxxxxx U.S. Smaller Companies 0.990% Up to $100 million
0.940% $100 million to $250 million
0.890% $250 million and over
----------------------------------------------- ------------------------ -------------------------------------------
Xxxxxx International Small Cap 1.150% Up to $100 million
1.000% $100 million to $250 million
0.950% $250 million and over
----------------------------------------------- ------------------------ -------------------------------------------
Xxxxxx Select 0.850% N/A
----------------------------------------------- ------------------------ -------------------------------------------
Xxxxxx International Select 0.990% N/A
----------------------------------------------- ------------------------ -------------------------------------------
