Exhibit (d)(1)(v)
IXIS ASSET MANAGEMENT ADVISORS, L.P.
000 Xxxxxxxx Xxxxxx
Xxxxxx, XX 00000
July 1, 2005
IXIS Advisor Funds Trust I
IXIS U.S. Diversified Portfolio
000 Xxxxxxxx Xxxxxx
Xxxxxx, XX 00000
Attn: Xxxxxxx X. Xxxxxx, Treasurer
Re: IXIS U.S. Diversified Portfolio Advisory Agreement Addendum
Dear Xx. Xxxxxx:
The Advisory Agreement dated October 30, 2000 between IXIS Advisor Funds Trust I
(formerly, CDC Nvest Funds Trust I) (the "Fund") with respect to its IXIS U.S.
Diversified Portfolio (formerly, CDC Nvest Star Advisers Fund) (the "Series")
and IXIS Asset Management Advisors, L.P. (formerly, CDC IXIS Asset Management
Advisers, L.P.) (the "Manager") is hereby revised, effective July 1, 2005, to
delete Section 7 and to replace it with the following:
7. As full compensation for all services rendered, facilities
furnished and expenses borne by the Manager hereunder, the Fund shall pay the
Manager compensation in an amount equal to the annual rate of 0.90% of the first
$1 billion of the average daily net assets of the Series and 0.80% over $1
billion of such assets, respectively (or such lesser amount as the Manager may
from time to time agree to receive) minus any fees payable by the Fund, with
respect to the period in question, to any one or more Sub-Advisers pursuant to
any Sub-Advisory Agreements in effect with respect to such period. Such
compensation shall be payable monthly in arrears or at such other intervals, not
less frequently than quarterly, as the Board of Trustees of the Fund may from
time to time determine and specify in writing to the Manager. The Manager hereby
acknowledges that the Fund's obligation to pay such compensation is binding only
on the assets and property belonging to the Series.
To indicate your approval and acceptance of the terms of this letter, please
sign below where indicated.
IXIS Asset Management Advisors, L.P.
By: IXIS Asset Management Distribution Corporation, its general partner
By: /s/ Xxxx X. Xxxxxx
-------------------------------------
Name: Xxxx X. Xxxxxx
Title: President and Chief Executive Officer
ACCEPTED AND AGREED TO:
IXIS Advisor Funds Trust I, on behalf of
IXIS U.S. Diversified Portfolio
By: /s/ Xxxxxxx X. Xxxxxx
-------------------------------------
Xxxxxxx X. Xxxxxx
Title: Treasurer
Date: July 1, 2005
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