CUSTODY AGREEMENTCustody Agreement • April 25th, 2024 • Mundoval Funds • Ohio
THIS CUSTODY AGREEMENT (“Agreement”), dated as of February 26, 2024, is entered into by and between THE HUNTINGTON NATIONAL BANK, a national banking association organized under the laws of the United States (the “Custodian” or “Bank”), and MUNDOVAL FUNDS, a statutory trust formed under the laws of the Ohio (the “Company”).
Letter Agreement Mundoval FundMundoval Funds • April 25th, 2024
As you are aware, the Trust, on behalf of the Fund, has engaged Mundoval Capital Management, Inc. (the "Adviser"), formerly known as A.Q. Johnson & Co., Inc., to provide certain advisory services to the Fund pursuant to a Management Agreement dated August 17, 2004 (the "Management Agreement"). Under the Management Agreement, the Adviser is entitled to receive from the Fund a management fee at an annual rate equal to 1.50% of the average daily net assets of the Fund.
