EXHIBIT 99.(h)(10)
August 25, 2003
Mr. X. Xxxxxx Xxxxxxxxx
Chairman
Financial Investors Trust
0000 Xxxxxxxx, Xxxxx 0000
Xxxxxx, Xxxxxxxx 00000
Re: Financial Investors Trust (the "Trust")
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Dear Xx. Xxxxxxxxx:
This letter confirms ALPS Mutual Funds Services, Inc.'s ("ALPS") agreement with
the Trust to reimburse Fund expenses and/or waive a portion of its
administration fee that it is entitled to receive from the Trust so that the net
annual fund operating expenses of each Fund set forth below of the Trust do not
exceed the amounts set forth below for the fiscal year ending April 30, 2004:
American Freedom U.S. Government Money Market Fund, Class I .20%
American Freedom U.S. Government Money Market Fund, Class II .45%
ALPS acknowledges that it will not be entitled to collect on or make a claim for
reimbursed and/or waived fees at any time in the future. ALPS further agrees
that such expense reimbursements and/or fee waivers for the Fund are effective
as of the inception date of the aforementioned Fund, and shall continue at least
through the end of the fiscal year ending April 30, 2004.
ALPS MUTUAL FUNDS SERVICES, INC.
By: /s/ Xxxxxx X. May
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Name: Xxxxxx X. May
Title: Senior Vice President
Your signature below acknowledges
acceptance of this Letter Agreement:
FINANCIAL INVESTORS TRUST
By: /s/ Xxxxx X. Xxxxxx
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Name: Xxxxx X. Xxxxxx
Title: Secretary
