Re: Expense Limitation for First Eagle Fund of America (the “Fund”)Expense Limitation Agreement • June 12th, 2020 • First Eagle Funds
First Eagle Investment Management, LLC (the “Investment Adviser”) and First Eagle Funds (the “Trust”), on behalf of the Fund, hereby confirm their agreement as follows:
Re: Investment Management Fee for First Eagle Fund of America (the “Fund”)Investment Advisory Agreement • June 12th, 2020 • 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.
