EX-99.28.D.9 2 fp0044374_ex9928d9.htm

 

FORUM FUNDS

INVESTMENT ADVISORY AGREEMENT

 

Appendix A

 

Funds of the Trust

Fee as a % of the Annual
Average Daily Net Assets of the Fund

 Effective Date

Merk Hard Currency Fund* 1.00% May 9, 2005

  

IN WITNESS WHEREOF, the parties hereto have caused this Revised Appendix A to be duly executed all as of July 31, 2019.

 

  FORUM FUNDS  
     
  /s/ Jessica Chase  
  Jessica Chase  
  President, Forum Funds  
     
  MERK INVESTMENTS, LLC  
     
  /s/ Axel Merk  
  Axel Merk  
  President  

 

*Approved by the Board of Trustees of the Forum Funds May 8, 2005