EX-99.28.E.4 3 fp0012910_ex9928e4.htm fp0012910_ex9928e4.htm
 
Second Amended and Restated
Schedule B
to the
Amended and Restated Distribution Agreement
by and between
The Marsico Investment  Fund
And
UMB Distribution Services, LLC
 
Intending to be legally bound, the undersigned hereby amend and restate Schedule B to the aforesaid Agreement as follows, effective as of the date set forth below:
 
Focus Fund
Up to $250 Million
2.0 basis points
 
$250 Million to $500 Million
1.0 basis points
 
$500 Million to $1 Billion
0.5 basis points
 
Over $1 Billion
0.3 basis point
 
Growth Fund
Up to $250 Million
2.0 basis points
 
$250 Million to $500 Million
1.0 basis points
 
$500 Million to $1 Billion
0.5 basis points
 
Over $1 Billion
0.3 basis point
 
21st Century Fund
Up to $250 Million
2.0 basis points
 
$250 Million to $500 Million
1.0 basis points
 
$500 Million to $1 Billion
0.5 basis points
 
Over $1 Billion
0.3 basis point
 
International Opportunities Fund
Up to $250 Million
2.0 basis points
 
$250 Million to $500 Million
1.0 basis points
 
$500 Million to $1 Billion
0.5 basis points
 
Over $1 Billion
0.3 basis point
 
Flexible Capital Fund
Up to $250 Million
2.0 basis points
 
$250 Million to $500 Million
1.0 basis points
 
$500 Million to $1 Billion
0.5 basis points
 
Over $1 Billion
0.3 basis point
 
Global Fund
Up to $250 Million
2.0 basis points
 
$250 Million to $500 Million
1.0 basis points
 
$500 Million to $1 Billion
0.5 basis points
 
Over $1 Billion
0.3 basis point
 
 
 

 
 
Employee Licensing
Registered personnel oversight
$400 per month, per person

Employee licensing activities include establishing a system to supervise operations relating solely to activities regarding distribution of the Marsico Funds by licensed personnel of the investment adviser; developing a procedure manual tailored to the Trust's  needs relating solely to such activities by licensed personnel of the investment adviser (e.g., remote location, branch office or office of supervisory jurisdiction); compliance procedures and training for Trust/investment adviser staff including annual on-site compliance meeting and fum element training relating solely to activities regarding distribution of the Marsico Funds by licensed personnel of the investment adviser; monthly compliance review (e.g., email, presentations, marketing materials, websites, correspondence, incoming mail, etc.) relating solely to such activities by licensed personnel of the investment adviser; and periodic on-site examinations.
 
Out-of-Pocket Expenses
Out-of-pocket expenses include but are not limited to travel on behalf of the Trust or its investment adviser, materials, filing fees, registration fees, and expenses, including but not limited to attorney's fees, incurred in connection with responding to and complying with SEC or other regulatory investigations, inquiries or subpoenas, excluding routine examinations of Distributor in its capacity as a service provider to the Trust.
 
In witness whereof, the undersigned have executed this Second Amended and Restated Schedule B to the Amended and Restated Distribution Agreement between The Marsico Investment Fund and UMB Distribution Services, LLC, effective as of the 26th  day of March, 2014.
 
UMB DISTRIBUTION SERVICES, LLC
THE MARSICO INVESTMENT FUND
           
By:
/s/ Maureen A. Quill
 
By:
/s/ Neil L. Gloude  
           
Name:
Maureen A. Quill
 
Name:
Neil L. Gloude
 
           
Title:
President
 
Title:
Vice President, Secretary and Treasurer