EX-99.N.B 13 rule18.htm AMENDMENT TO THE MULTIPLE CLASS (RULE 18F-3) PLAN rule18.htm
 
EXHIBIT A

MULTIPLE CLASS PLAN
 
ADVISORS SERIES TRUST
on behalf of the funds managed by
Orinda Asset Management, LLC

(as amended on June 27, 2013 to add Orinda Income Opportunities Fund)
 

Fund Name:

Orinda SkyView Multi-Manager Hedged Equity Fund
Orinda SkyView Macro Opportunities Fund
Orinda Income Opportunities Fund

Share Class
Minimum
Investment1
(All
Accounts)
Maximum
Initial
Sales
Charge
Maximum
CDSC
Maximum
12b-1 Fee
Maximum
Shareholder
Servicing Fee
Redemption
Fee4
Class A
$5,000
5.00%
None
0.25%
0.13%/0.15%2
1.00%/None5
Class I
$500,000
None
None
None
0.07%/0.10%3
1.00%/None5
 
1  
The Advisor may waive the minimum initial investment in certain circumstances; please see the Funds’ Prospectus.
 
2  
Class A shares of the Orinda SkyView Multi-Manager Hedged Equity Fund charge a 0.13% Shareholder Servicing Fee.  Class A shares of the Orinda SkyView Macro Opportunities and Income Opportunities Funds charge a 0.15% Shareholder Servicing Fee.
 
3  
Class I shares of the Orinda SkyView Multi-Manager Hedged Equity Fund charge a 0.07% Shareholder Servicing Fee.  Class I shares of the Orinda SkyView Macro Opportunities and Income Opportunities Funds charge a 0.10% Shareholder Servicing Fee.
 
4  
A redemption fee of 1.00% is assessed on shares redeemed within 60 days of purchase (i.e., held 60 days or less).
 
5  
The Orinda Income Opportunities Fund does not assess a redemption fee.

 
 ADVISORS SERIES TRUST
 on behalf of the Funds listed on Exhibit A
 
 By: /s/ Douglas G. Hess
 Name:  Douglas G. Hess
 Title:  President