EXPENSE LIMITATION AGREEMENT THE ACADIA MUTUAL FUNDSExpense Limitation Agreement • October 28th, 2011 • Acadia Mutual Funds
Contract Type FiledOctober 28th, 2011 CompanyTHIS EXPENSE LIMITATION AGREEMENT (“Expense Limitation Agreement”), is entered into effective as of July 28, 2011 by and between Acadia Mutual Funds Management, LLC (the “Adviser”) and The Acadia Mutual Funds (the “Trust”), on behalf of each series of the Trust set forth in Schedule A attached hereto (the “Fund”).