STONE RIDGE ASSET MANAGEMENT LLCExpense Limitation Agreement • February 28th, 2017 • Stone Ridge Trust III
With reference to the Investment Management Agreement entered into by Stone Ridge Asset Management LLC (the “Adviser”) with Stone Ridge Trust III (the “Trust”), on behalf of its series, Stone Ridge All Asset Variance Risk Premium Fund (the “Fund”), on this 24th day of January, 2017, we hereby notify you as follows:
