Re: Investment Management Fee for First Eagle Fund of America (the “Fund”)

Exhibit (d)(9)

June 4, 2020

First Eagle Funds
0000 Xxxxxx xx xxx Xxxxxxxx
Xxx Xxxx, XX 00000

Re: Investment Management Fee for First Eagle Fund of America (the “Fund”)

Dear First Eagle Funds:

This letter relates to the December 1, 2015 Investment Advisory Agreement (the “Agreement”) between First Eagle Funds, on behalf of the Fund, and First Eagle Investment Management, LLC (the “Investment Adviser”), which provides that the Fund will pay monthly an investment management fee at the annual rate of 1.00% of the first $1.5 billion of the average daily net assets of the Fund, 0.95% on the next $1 billion of the average daily net assets of the Fund, 0.90% on the next $2.5 billion of the average daily net assets of the Fund and 0.85% on the average daily net assets of the Fund in excess of $5 billion of the average daily net assets of the Fund.

Notwithstanding the foregoing or any agreement that amended the Agreement, we intend by this letter to bind the Investment Adviser to a modification of the Agreement to provide instead for the Fund to pay a monthly investment management fee at the annual rate of 0.50% of the average daily net assets of the Fund.

Pursuant to the Board’s approval of the Fund’s management fee change at the June 4, 2020 Board meeting, the Investment Adviser will consider itself to be bound to this changed rate as of the effective date of the Fund’s Registration Statement on Form N-1A. For the avoidance of doubt, this letter affects only the stated fee arrangement. No other provision of the Agreement is changed hereby.

		FIRST EAGLE INVESTMENT MANAGEMENT, LLC
		By:	/s/ Xxxxx Xxxxxx
		Name: Xxxxx Xxxxxx
		Title: President and Chief Executive Officer

Agreed and Acknowledged:

FIRST EAGLE FUNDS

By:	/s/ Xxxxxxx Xxxxxxx
Name: Xxxxxxx Xxxxxxx
Title: Secretary