SYSTEMATIC INVESTMENT SUB-ADVISORY AGREEMENT WELLS FARGO FUNDS TRUST APPENDIX A

EX-99.B(d)(2)(xi)

 

SYSTEMATIC INVESTMENT SUB-ADVISORY AGREEMENT

▇▇▇▇▇ FARGO FUNDS TRUST

 

APPENDIX A

 

Funds Trust Funds

Equity Value Fund1 (currently named the Large Cap Value Fund)

 

Most Recent Annual Approval Date: April 4, 2005

 

Appendix A amended: November 2, 2004

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1	On November 2, 2004, the Board of Trustees approved certain Fund name changes. Effective April 11, 2005, the Large Cap Value Fund will be renamed the Equity Value Fund.

 

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APPENDIX B

 

▇▇▇▇▇ FARGO FUNDS TRUST

INVESTMENT SUB-ADVISORY AGREEMENT

FEE AGREEMENT

 

This fee agreement is made as of the 29th day of August, 2003, by and between ▇▇▇▇▇ Fargo Funds Trust (the “Trust”), ▇▇▇▇▇ Fargo Funds Management, LLC (the “Adviser”) and Systematic Financial Management, L.P. (the “Sub-Adviser”).

 

WHEREAS, the parties have entered into an Investment Sub-Advisory Agreement (“Sub-Advisory Agreement”) whereby the Sub-Adviser provides management and other services to each series of the Trust listed in Appendix A to the Sub-Advisory Agreement (each a “Fund” and collectively the “Funds”); and

 

WHEREAS, the Sub-Advisory Agreement provides that the fees to be paid to the Sub-Adviser are to be as indicated on Appendix B;

 

NOW THEREFORE, the parties agree that the fees to be paid to the Sub-Adviser under the Sub-Advisory Agreement shall be calculated and paid on a monthly basis by applying the annual rates indicated below to each Fund’s average daily net assets throughout the month:

 

Name of Fund		Breakpoints		Sub-Advisory Rate
Equity Value Fund1 (currently named the Large Cap Value Fund)		$0-150 million $150-350 million $350-750 million $750 million-1billion >$1 billion		0.30 0.20 0.15 0.13 0.10	% % % % %

 

provided, that no fee shall be payable hereunder with respect to a Fund during any period in which the Fund invests all (or substantially all) of its investment assets in shares of a registered, open-end, management investment company, or separate series thereof, in accordance with and reliance upon Section 12(d)(1)(E) under the 1940 Act (“Dormant Provision”).

 

If the Sub-Adviser shall provide management and other services for less than the whole of a month, or if the Sub-Adviser shall become entitled to receive fees by reason of a Fund not investing in accordance with the Dormant Provision for less than the whole of a month, the foregoing compensation shall be prorated based on the number of days in the month that such Sub-Adviser provided such services to the Fund or was entitled to fees.

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1	On November 2, 2004, the Board of Trustees approved certain Fund name changes. Effective April 11, 2005, the Large Cap Value Fund will be renamed the Equity Value Fund.

 

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The foregoing fee schedule is agreed to as of November 2, 2004 and shall remain in effect until changed in writing by the parties.

 

 

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