Alternative Asset Allocation Fund. The Adviser voluntarily agrees to waive its advisory fee for the Fund so that the aggregate advisory fee retained by the Adviser with respect to both the Fund and its underlying investments (after payment of subadvisory fees) does not exceed 0.60% of the Fund’s average annual net assets. The Adviser may terminate this voluntary waiver at any time upon notice to the Fund.
Alternative Asset Allocation Fund. The Adviser contractually agrees to reduce its management fee for the Fund, or if necessary make payment to the Fund, in an amount equal to the amount by which the “Other Expenses” of the Fund exceed 0.04% as a percentage of average annual net assets (on an annualized basis) of the Fund. “
Alternative Asset Allocation Fund. The Adviser shall serve as investment adviser for the Alternative Asset Allocation Fund. The Trust will pay the Adviser, as full compensation for all services provided under this Agreement with respect to the Alternative Asset Allocation Fund, a fee as follows (the “Adviser Fee”): The Adviser Fee has two components: (a) a fee on net assets invested in Affiliated Funds (“Affiliated Fund Assets”) and (b) a fee on net assets not invested in Affiliated Funds (“Other Assets”). Affiliated Funds are any fund of Xxxx Xxxxxxx Trust, Xxxx Xxxxxxx Funds II and Xxxx Xxxxxxx Funds III excluding the following Xxxx Xxxxxxx Trust funds: Money Market Trust B, 500 Index Trust B, International Equity Index Trust B, Bond Index Trust B.
Alternative Asset Allocation Fund. The Adviser contractually agrees to reduce its advisory fee that would be payable by the Fund by 0.05% of the Fund’s average daily net assets up to $5 billion, and by 0.025% on average daily net assets of the Fund over $5 billion. This expense limitation agreement expires on December 31, 2023, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time.
Alternative Asset Allocation Fund. The Adviser contractually agrees to waive its advisory fee for the Fund so that the aggregate advisory fee retained by the Adviser with respect to both the Fund and its underlying investments (after payment of subadvisory fees) does not exceed 0.55% of the Fund’s first $5 billion of average daily net assets and 0.525% of the Fund’s average daily net assets in excess of $5 billion. This expense limitation agreement expires on December 31, 2023, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time. APPENDIX M Voluntary Adviser Expense Limitation Agreements Multimanager Lifestyle Portfolios (formerly Lifestyle Portfolios)
Alternative Asset Allocation Fund. The Adviser contractually agrees to waive its advisory fee for the Fund so that the aggregate advisory fee retained by the Adviser with respect to both the Fund and its underlying investments (after payment of subadvisory fees) does not exceed 0.55% of the Fund’s first $5 billion of average daily net assets and 0.525% of the Fund’s average daily net assets in excess of $5 billion. This expense limitation agreement expires on December 31, 2024, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time. APPENDIX M
Alternative Asset Allocation Fund. The Adviser contractually agrees to waive its advisory fee for the Fund so that the aggregate advisory fee retained by the Adviser with respect to both the Fund and its underlying investments (after payment of subadvisory fees) does not exceed 0.55% of the Fund’s first $5 billion of average daily net assets and 0.525% of the Fund’s average daily net assets in excess of $5 billion. This expense limitation agreement expires on December 31, 2022, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time.1 1 At the March 23-25, 2021 meeting of the Board of Trustees of the Trust, the Adviser notified the Board of, and the Board approved, the expense limitation agreement set forth above, with an expiration date of December 31, 2022. APPENDIX M Voluntary Adviser Expense Limitation Agreements Multimanager Lifestyle Portfolios (formerly Lifestyle Portfolios)
Alternative Asset Allocation Fund. The Adviser contractually agrees to waive its advisory fee for the Fund so that the aggregate advisory fee retained by the Adviser with respect to both the Fund and its underlying investments (after payment of subadvisory fees) does not exceed 0.55% of the Fund’s first $5 billion of average daily net assets and 0.525% of the Fund’s average daily net assets in excess of $5 billion. This expense limitation agreement expires on December 31, 2022, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time. 1 At the September 21-23, 2021 meeting of the Board of Trustees of the Trust, the Adviser notified the Board of, and the Board approved, the renewal of the advisor fee waiver for Alternative Asset Allocation Fund, with an expiration date of December 31, 2022, effective upon the current expiration date of December 31, 2021. APPENDIX M Voluntary Adviser Expense Limitation Agreements Multimanager Lifestyle Portfolios (formerly Lifestyle Portfolios)
Alternative Asset Allocation Fund. The Adviser contractually agrees to reduce its advisory fee that would be payable by the Fund by 0.05% of the Fund’s average daily net assets up to $5 billion, and by 0.025% on average daily net assets of the Fund over $5 billion. This expense limitation agreement expires on December 31, 20211, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time. 1 At the September 15-17, 2020 meeting of the Board of Trustees of the Trust, the Adviser notified the Board of, and the Board approved, the renewal of the contractual advisory fee reduction for Alternative Asset Allocation Fund, with an expiration date of December 31, 2021, effective upon the current expiration date of December 31, 2020. APPENDIX M Voluntary Adviser Expense Limitation Agreements Multimanager Lifestyle Portfolios (formerly Lifestyle Portfolios)
