Exhibit d(iv)
AMENDMENT NO. 1
AMENDED AND RESTATED
INVESTMENT SUBADVISORY AGREEMENT
AMENDMENT NO. 1 made as of the 1st day of August 2004 to the Amended
and Restated Investment Subadvisory Agreement made as of the 18th day of
October, 2002, and amended and restated as of the 1st day of May, 2003, between
USAA INVESTMENT MANAGEMENT COMPANY, a corporation organized under the laws of
the State of Delaware and having its principal place of business in San Antonio,
Texas (IMCO) and MASSACHUSETTS FINANCIAL SERVICES COMPANY, a corporation
organized under the laws of the State of Delaware and having its principal place
of business in Boston, Massachusetts (MFS), with respect to services provided to
series of USAA Investment Trust.
IMCO and MFS agree to modify and amend the Amended and Restated
Investment Subadvisory Agreement described above (Agreement) as follows:
1. SCHEDULE B. Schedule B to the Agreement, setting forth the fees
payable to MFS with respect to each Fund, is hereby replaced in its entirety by
Schedule B attached hereto.
2. RATIFICATION. Except as modified and amended hereby, the
Agreement is hereby ratified and confirmed in full force and effect in
accordance with its terms.
IN WITNESS WHEREOF, IMCO and MFS have caused this Amendment No. 1 to
be executed as of the date first set forth above.
Attest: USAA INVESTMENT MANAGEMENT COMPANY
By: /s/ Xxxx X. Xxxxx By: /s/ Xxxxxxxxxxx X. Xxxxx
------------------------------ ----------------------------------
Name: Xxxx X. Xxxxxx Name: Xxxxxxxxxxx X. Xxxxx
Title: Secretary Title: President
By: ---------------------------------
Name: Xxxx X. Xxxxxx
Title: Authorized Signatory
Attest: MASSACHUSETTS FINANCIAL SERVICES
COMPANY
By: /s/ Xxxxxxxxx Xxxx By: /s/ Xxxxxx X. Xxxxxxx
---------------------------- --------------------------------
Name: Xxxxxxxxx Xxxx Name: Xxxxxx X. Xxxxxxx
Title: Executive Assistant Title: Chief Executive Officer,
President, and Chief
Investment Officer
SCHEDULE B
FEES
FUND ACCOUNT RATE PER ANNUM OF THE AGGREGATE AVERAGE
DAILY NET ASSETS OF THE FUND ACCOUNTS
PLUS THE AVERAGE DAILY NET ASSETS
MANAGED BY MFS IN THE USAA LIFE
WORLD GROWTH FUND
USAA Cornerstone Strategy Fund 0.335% - on the first $350 million
(International Stocks)
USAA International Fund 0.0225% - on amounts over $350 million
and up to $1 billion
USAA World Growth Fund 0.200% - on amounts over $1 billion
