Expense Limitation Agreement

Exhibit 99(d)(xxiv)

Expense Limitation Agreement

This Expense Limitation Agreement (the “Agreement”) is made and entered into this 1^st day of April, 2019 between Lord, Xxxxxx & Co. LLC (“Lord Xxxxxx”) and Lord Xxxxxx Investment Trust (the “Trust”) with respect to Lord Xxxxxx Core Fixed Income Fund (“Core Fixed Income Fund”), Lord Xxxxxx Core Plus Bond Fund (“Core Plus Bond Fund”), Lord Xxxxxx Corporate Bond Fund (“Corporate Bond Fund”), Lord Xxxxxx Short Duration Core Bond Fund (“Short Duration Core Bond Fund”), Lord Xxxxxx Total Return Fund (“Total Return Fund”), and Lord Xxxxxx Ultra Short Bond Fund (“Ultra Short Bond Fund”) (each, a “Fund”).

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

1. With respect to Core Fixed Income Fund, Lord Xxxxxx agrees for the time period set forth in paragraph 8 below to waive the Fund’s Class I shareholder servicing expenses at the annual rate of 0.04% of the Fund’s average daily net assets.

2. With respect to Core Plus Bond Fund, Lord Xxxxxx agrees for the time period set forth in paragraph 8 below to waive all or a portion of its management and administrative services fees and reimburse the Fund’s other expenses to the extent necessary to limit total net annual operating expenses, excluding 12b-1 fees, acquired fund fees and expenses, interest-related expenses, taxes, expenses related to litigation and potential litigation, and extraordinary expenses, to an annual rate of 0.48% for each class other than Class F3 and R6. For the same period, Lord Xxxxxx agrees to waive all or a portion of its management and administrative services fees and reimburse the Fund’s other expenses to the extent necessary to limit total net annual operating expenses, excluding acquired fund fees and expenses, interest-related expenses, taxes, expenses related to litigation and potential litigation, and extraordinary expenses, to an annual rate of 0.46% for Class F3 and R6.

3. With respect to Corporate Bond Fund, Lord Xxxxxx agrees for the time period set forth in paragraph 8 below to waive all or a portion of its management and administrative services fees and reimburse the Fund’s other expenses to the extent necessary to limit total net annual operating expenses, excluding 12b-1 fees, acquired fund fees and expenses, interest-related expenses, taxes, expenses related to litigation and potential litigation, and extraordinary expenses, to an annual rate of 0.48% for each class other than Class F3 and R6. For the same period, Lord Xxxxxx agrees to waive all or a portion of its management and administrative services fees and reimburse the Fund’s other expenses to the extent necessary to limit total net annual operating expenses, excluding acquired fund fees and expenses, interest-related expenses, taxes,

		expenses related to litigation and potential litigation, and extraordinary expenses, to an annual rate of 0.43% for Class F3 and R6.
	4.	With respect to Short Duration Core Bond Fund, Lord Xxxxxx agrees for the time period set forth in paragraph 8 below to waive all or a portion of its management and administrative services fees and reimburse the Fund’s other expenses to the extent necessary to limit total net annual operating expenses, excluding 12b-1 fees, acquired fund fees and expenses, interest-related expenses, taxes, expenses related to litigation and potential litigation, and extraordinary expenses, to an annual rate of 0.40% for each class other than Class F3 and R6. For the same period, Lord Xxxxxx agrees to waive all or a portion of its management and administrative services fees and reimburse the Fund’s other expenses to the extent necessary to limit total net annual operating expenses, excluding acquired fund fees and expenses, interest-related expenses, taxes, expenses related to litigation and potential litigation, and extraordinary expenses, to an annual rate of 0.38% for Class F3 and R6.

5. With respect to Total Return Fund, Lord Xxxxxx agrees for the time period set forth in paragraph 8 below to waive the Fund’s Class I shareholder servicing expenses at the annual rate of 0.04% of the Fund’s average daily net assets.

6. With respect to Ultra Short Bond Fund, Lord Xxxxxx agrees for the time period set forth in paragraph 8 below to waive all or a portion of its management and administrative services fees and reimburse the Fund’s other expenses to the extent necessary to limit total net annual operating expenses, excluding 12b-1 fees, acquired fund fees and expenses, interest-related expenses, taxes, expenses related to litigation and potential litigation, and extraordinary expenses, to an annual rate of 0.27% for each class other than Class F3 and R6. For the same period, Lord Xxxxxx agrees to waive all or a portion of its management and administrative services fees and reimburse the Fund’s other expenses to the extent necessary to limit total net annual operating expenses, excluding acquired fund fees and expenses, interest-related expenses, taxes, expenses related to litigation and potential litigation, and extraordinary expenses, to an annual rate of 0.22% for Class F3 and R6.

7. To limit each Fund’s total net annual operating expenses as specified above, Lord Xxxxxx will waive the same amount of management and administrative services fees for each share class, but may reimburse different amounts of shareholder servicing expenses for each share class in its sole discretion.

8. This Agreement will be effective from April 1, 2019 through March 31, 2020. This Agreement may be terminated only by the Board of Trustees of the Trust upon written notice to Lord Xxxxxx.

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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. Xxxxxxx
		Xxxxxxxx X. Xxxxxxx
		Member and General Counsel
	Lord Xxxxxx Investment Trust
	By:	/s/ Xxxx X. Xxxxxxxxxx
		Xxxx X. Xxxxxxxxxx
		Vice President and Assistant Secretary

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