EX-99.H11III 17 rbc124740_ex99-h11iii.htm AMENDMENT TO EXPENSE EXPENSE LIMITATION AGREEMENT

Exhibit (h)(11)(iii)

 

AMENDMENT

 

 

This Amendment (the “Amendment”) is made and entered into on this 27th day of November, 2012 between RBC FUNDS TRUST (the “Trust”), a Delaware statutory trust, and RBC GLOBAL ASSET MANAGEMENT (U.S.) INC. (“RBC GAM”).

 

WHEREAS, the Trust and RBC GAM have entered into an Amended and Restated Expense Limitation Agreement dated as of December 2, 2011, as amended and supplemented from time to time, (the “Agreement”); and

 

WHEREAS the Trust and RBC GAM desire to amend the Agreement.

 

NOW THEREFORE, in consideration of the mutual premises and covenants herein set forth, the parties agree as follows:

 

SECTION 1. SCHEDULE A. Schedule A to the Agreement is hereby amended and restated, as attached.

 

SECTION 2. Agreement Continuation. The Agreement, as modified herein, shall continue in full force and effect, and nothing herein contained shall be construed as a waiver or modification of existing rights under the Agreement, except as such rights are expressly modified hereby.

 

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed and delivered by their respective authorized officers or representatives as of the date first above written.

 

 

RBC FUNDS TRUST   RBC GLOBAL ASSET MANAGEMENT (U.S.) INC.  
           
By: /s/ Kathleen A. Gorman   By: /s/ Michael Lee  
Name:  Kathleen A. Gorman   Name:  Michael Lee  
Title:  President & CEO   Title: CEO  
Date: 11/27/12   Date: 11/27/12  

 

 

 

 

 
 

Schedule A

 

 

Fund Operating Expense Limit
   
   
RBC SMID Cap Growth Fund  
Class A 1.35%
Class I 1.10%
   
RBC Micro Cap Value Fund  
Class A 1.32%
Class I 1.07%
   
RBC Enterprise Fund  
Class A 1.33%
Class I 1.08%
   
RBC Small Cap Core Fund  
Class A 1.15%
Class I 0.90%
   
RBC Mid Cap Value Fund  
Class I 0.90%