Name of Fund

Compensation*

Brandes International Equity Fund

0.75% on average daily net assets up to $2.5 billion; 0.70% between $2.5 billion and $5.0 billion; 0.67% on average daily net assets greater than $5.0 billion.

Brandes Global Equity Fund

0.75%

Brandes Emerging Markets Value Fund

0.95% on average daily net assets up to $2.5 billion; 0.90% on average daily net assets from $2.5 billion to $5.0 billion; and 0.85% on average daily net assets greater than $5.0 billion.

Brandes International Small Cap Equity Fund

0.95% on average daily net assets up to $1 billion; and 0.90% on average daily net assets greater than $1 billion.

Brandes Small Cap Value Fund

0.70%

Brandes Core Plus Fixed Income Fund

0.35%

Brandes Separately Managed Account Reserve Trust

0.00%

DATUM ONE SERIES TRUST

By: /s/ Barbara J. Nelligan

Name: Barbara J. Nelligan

Title:   President

BRANDES INVESTMENT PARTNERS, L.P.

By: /s/ Oliver Murray

Name: Oliver Murray

Title: Chief Executive Officer

*

All fees are computed daily and paid monthly.