APPENDIX A
APPENDIX A
METROPOLITAN WEST CAPITAL MANAGEMENT, LLC
XXXXX FARGO FUNDS TRUST
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Xxxxx Fargo Advantage Intrinsic Small Cap Value Fund Xxxxx Fargo Advantage Intrinsic Value Fund Xxxxx Fargo Advantage Intrinsic World Equity Fund
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Appendix A amended: July 16, 0000
XXXXXXXX X
METROPOLITAN WEST CAPITAL MANAGEMENT, LLC
FEE AGREEMENT
XXXXX FARGO FUNDS TRUST
This fee agreement is effective as of the 1st day of June, 2010, and is amended as of the 16th day of July, 2010, by and between Xxxxx Fargo Funds Trust (the “Trust”), Xxxxx Fargo Funds Management, LLC (the “Adviser”) and Metropolitan West Capital Management, LLC (the “Sub-Adviser”).
WHEREAS, the parties have entered into a Sub-Advisory Agreement (“Sub-Advisory Agreement”) whereby the Sub-Adviser provides management and other services to the series of the Trust listed in Appendix A to the Sub-Advisory Agreement (the “Fund”); and
WHEREAS, the Sub-Advisory Agreement provides that the fees to be paid to the Sub-Adviser are to be as indicated on this Appendix B;
NOW THEREFORE, the parties agree that the fees to be paid to the Sub-Adviser under the Sub-Advisory Agreement shall be calculated and paid on a monthly basis by applying the annual rates indicated below to the average daily net assets of the Fund throughout the month:
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Fund Name |
Sub-Advisory Fee |
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Intrinsic Small Cap Value Fund
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First $100M Next $100M Over $200M |
0.55% 0.50% 0.40% |
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Intrinsic Value Fund |
First $250M Next $750 Over $1B |
0.35% 0.275% 0.20% |
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Intrinsic World Equity Fund |
First $250M Next $750 Over $1B |
0.35% 0.275% 0.20% |
If the Sub-Adviser shall provide management and other services for less than the whole of a month, the foregoing compensation shall be prorated based on the number of days in the month that such Sub-Adviser provided management and other services to the Fund.
The foregoing fee schedule is agreed to as of this 16th day of July, 2010, and shall remain in effect until agreed and changed in writing by the parties.
XXXXX FARGO FUNDS TRUST
on behalf of the Funds
By: ______________________________________
C. Xxxxx Xxxxxxx
Secretary
XXXXX FARGO FUNDS MANAGEMENT, LLC
By: ______________________________________
Xxxxxx Xxxx
Executive Vice President
METROPOLITAN WEST CAPITAL MANAGEMENT, LLC
By: ______________________________________
Xxxx X. Xxxxxxxx
President
