COLUMBIA WANGER ASSET MANAGEMENT, LLC
71 S. Wacker Drive
Suite 2500
Chicago, IL 60606
May 1, 2022
Columbia Acorn Trust
71 S. Wacker Drive
Suite 2500
Chicago, Illinois 60606
Ladies and Gentlemen:
Columbia Wanger Asset Management, LLC (CWAM) hereby contractually undertakes as of the date hereof with respect to Columbia Acorn International (the Fund), a series of Columbia Acorn Trust (the Trust), to waive fees and reimburse certain expenses of the Fund, through April 30, 2023, such that total Fund ordinary operating expenses (excluding transaction costs and certain other investment-related expenses, and interest and fees on borrowings and expenses associated with the Funds investment in other investment companies, if any) do not exceed the annual rates of:
| 1.23% of the Funds average daily net assets attributable to Class A shares; |
| 0.98% of the Funds average daily net assets attributable to Adviser Class shares; |
| 1.98% of the Funds average daily net assets attributable to Class C shares; |
| 0.98% of the Funds average daily net assets attributable to Institutional Class shares; |
| 0.92% of the Funds average daily net assets attributable to Institutional 2 Class shares; |
| 0.88% of the Funds average daily net assets attributable to Institutional 3 Class shares; and |
| 1.48% of the Funds average daily net assets attributable to Class R shares. |
This agreement may not be modified or terminated without the approval of the Funds Board of Trustees and CWAM.
This undertaking shall be binding upon any successors and assignees of CWAM.
Very truly yours, | ||
COLUMBIA WANGER ASSET MANAGEMENT, LLC | ||
By: | /s/ Michael G. Clarke | |
Name: Michael G. Clarke | ||
Title: Chief Financial Officer |
Agreed and accepted by
COLUMBIA ACORN TRUST, on behalf of its series Columbia Acorn International
By: | /s/ Daniel J. Beckman | |
Name: Daniel J. Beckman | ||
Title: Co-President |