[LETTERHEAD]
April 22, 2023
Columbia Acorn Trust
71 S. Wacker Drive
Suite 2500
Chicago, Illinois 60606
Ladies and Gentlemen:
As of the date hereof, this agreement replaces that certain Fee Waiver and Expense Reimbursement Agreement dated as of May 1, 2022, between Columbia Wanger Asset Management, LLC (CWAM) and Columbia Acorn Trust (the Trust) on behalf of Columbia Acorn Fund (the Fund), that would otherwise continue through April 30, 2023. CWAM hereby contractually undertakes as of the date hereof with respect to the Fund, a series of the Trust, to waive fees and reimburse certain expenses of the Fund, through April 30, 2025, 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:
| 1.08% of the Funds average daily net assets attributable to Class A shares; |
| 0.83% of the Funds average daily net assets attributable to Class Adv shares; |
| 1.83% of the Funds average daily net assets attributable to Class C shares; |
| 0.83% of the Funds average daily net assets attributable to Institutional Class shares; |
| 0.80% of the Funds average daily net assets attributable to Institutional 2 Class shares; and |
| 0.75% of the Funds average daily net assets attributable to Institutional 3 Class 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/ Joseph C. LaPalm | |
Name: Joseph C. LaPalm | ||
Title: Chief Compliance Officer |
Agreed and accepted by
COLUMBIA ACORN TRUST, on behalf of its series Columbia Acorn Fund
By: | /s/ Stephen Kusmierczak | |
Name: Stephen Kusmierczak | ||
Title: Co-President |