Contract

EX-99.(g)(38)

200 West Street | New York, New York 00000-0000

Tel: 000-000-0000

September 8, 2015

State Street Bank and Trust Company

Attn: Xxxx Xxxxxxxx

Channel Center

One Iron St

Boston, MA 02110

Re:   Cayman Commodity-MMA, Ltd.: Additional Entity to Custodian Contract

Ladies and Gentlemen:

Reference is hereby made to the Custodian Contract dated as of July 15, 1991 by and among Xxxxxxx Xxxxx Trust, Xxxxxxx Xxxxx Trust II, Xxxxxxx Xxxxx MLP Income Opportunities Fund, Xxxxxxx Xxxxx MLP and Energy Renaissance Fund, Cayman Commodity-FIMS, Ltd. (f/k/a the Xxxxxxx Xxxxx Cayman Commodity-FIMS Fund Ltd.), Cayman Commodity-TTIF, Ltd. (f/k/a the Xxxxxxx Xxxxx Cayman Commodity TTIF Fund Ltd.), Cayman Commodity-MMRA, Ltd., and Cayman Commodity-GARF, Ltd. (collectively, the “GS Parties”) and State Street Bank and Trust Company (“State Street”), as amended, modified and supplemented from time to time (the “Custodian Contract”). Capitalized terms used herein without definition shall have the meanings ascribed to them in the Custodian Contract.

This is to advise you that Cayman Commodity-MMA, Ltd. (the “MMA Cayman Fund”), an exempted company incorporated and existing under the laws of the Cayman Islands, has been established as a wholly-owned subsidiary of the Xxxxxxx Xxxxx Multi-Manager Alternatives Fund, a series of Xxxxxxx Xxxxx Trust II. The GS Parties and the MMA Cayman Fund hereby request that the MMA Cayman Fund be added to the Custodian Contract and that, accordingly, you act as Custodian of the MMA Cayman Fund under the terms thereof. All references in the Custodian Contract to the “Trust” shall be deemed to also apply to the MMA Cayman Fund. In addition, (i) all references in the Custodian Contract to the “Board of Trustees” or “Executive Committee” shall be construed as the directors of the MMA Cayman Fund; (ii) “Units” shall be construed as the shares of the MMA Cayman Fund; (iii) the MMA Cayman Fund will be an additional “Cayman Fund” for purposes of the Custodian Contract; and (iv) the Xxxxxxx Xxxxx Multi-Manager Alternatives Fund will be an additional “Parent Company” for purposes of the Custodian Contact.

Please indicate your acceptance of the foregoing by executing two copies of this letter, returning one and retaining one copy for your records.

Sincerely,

XXXXXXX XXXXX TRUST
By:		/s/ Xxxxx XxXxxx
Name:		Xxxxx XxXxxx
Title:		Principal Financial Officer & Treasurer

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XXXXXXX XXXXX TRUST II
By:		/s/ Xxxxx XxXxxx
Name:		Xxxxx XxXxxx
Title:		Principal Financial Officer & Treasurer
XXXXXXX XXXXX MLP INCOME OPPORTUNITIES FUND
By:		/s/ Xxxxx XxXxxx
Name:		Xxxxx XxXxxx
Title:		Principal Financial Officer & Treasurer
XXXXXXX XXXXX MLP AND ENERGY RENAISSANCE FUND
By:		/s/ Xxxxx XxXxxx
Name:		Xxxxx XxXxxx
Title:		Principal Financial Officer & Treasurer
CAYMAN COMMODITY-FIMS, LTD. (F/K/A XXXXXXX XXXXX CAYMAN COMMODITY-FIMS FUND LTD.)
By:		/s/ Xxxxx XxXxxx
Name:		Xxxxx XxXxxx
Title:		Director
CAYMAN COMMODITY-TTIF, LTD. (F/K/A XXXXXXX XXXXX CAYMAN COMMODITY TTIF FUND LTD.)
By:		/s/ Xxxxx XxXxxx
Name:		Xxxxx XxXxxx
Title:		Director
CAYMAN COMMODITY-MMRA, LTD.
By:		/s/ Xxxxx XxXxxx
Name:		Xxxxx XxXxxx
Title:		Director

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CAYMAN COMMODITY-GARF, LTD.
By:		/s/ Xxxxx XxXxxx
Name:		Xxxxx XxXxxx
Title:		Director
CAYMAN COMMODITY-MMA, LTD.
By:		/s/ Xxxxx XxXxxx
Name:		Xxxxx XxXxxx
Title:		Director
STATE STREET BANK AND TRUST COMPANY
By:		/s/ Xxxxxx Xxxxx
Name:		Xxxxxx Xxxxx
Title:		Executive Vice President

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