0001580642-20-001840 Sample Contracts

ADVISORS PREFERRED TRUST OPERATING EXPENSES LIMITATION AGREEMENT KENSINGTON MANAGED INCOME FUND

Operating Expenses Limitation Agreement • April 30th, 2020 • Advisors Preferred Trust • Delaware

• Contract Type
  Operating Expenses Limitation Agreement
• Filed
  April 30th, 2020
• Company
  Advisors Preferred Trust
• Jurisdiction
  Delaware

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the "Agreement") is effective as of the 1st day of May 2020, by and between ADVISORS PREFERRED TRUST, a Delaware statutory trust (the "Trust"), on behalf of the Kensington Managed Income Fund, (the "Fund") a series of the Trust and the Adviser of such Fund, Advisors Preferred, LLC (the "Adviser").