YCG FUNDS AMENDED AND RESTATED BY-LAWSYcg Funds • March 29th, 2021 • YCG FundsThese Amended and Restated By-laws (the “By-laws”) of YCG Funds (the “Trust”), a Delaware statutory trust organized and operating as an open-end management investment company of the series type under the Investment Company Act of 1940, as amended (the “1940 Act”), are subject to the Trust’s Amended and Restated Agreement and Declaration of Trust dated March 26, 2021, as from time to time amended, supplemented or restated (the “Trust Instrument”). Capitalized terms used herein which are defined in the Trust Instrument are used as therein defined.