Common use of Lifecycle Portfolios Clause in Contracts

Lifecycle Portfolios. The Adviser voluntarily agrees to waive its advisory fee for each Lifecycle Portfolio (each a “Fund”) so that the aggregate advisory fee retained by the Adviser with respect to both the Fund and its underlying investments (after payment of subadvisory fees) does not exceed 0.51% of the Fund’s first $7.5 billion of average annual net assets and 0.50% of the Fund’s average annual net assets in excess of $7.5

Appears in 14 contracts

Samples: Advisory Fee Waiver Agreement (John Hancock Variable Insurance Trust), Expense Limitation Agreement (John Hancock Funds II), Expense Limitation Agreement (John Hancock Funds II)

AutoNDA by SimpleDocs

Lifecycle Portfolios. The Adviser voluntarily agrees to waive its advisory fee for each Lifecycle Portfolio (each a “Fund”) so that the aggregate advisory fee retained by the Adviser with respect to both the Fund and its underlying investments (after payment of subadvisory fees) does not exceed 0.51% of the Fund’s first $7.5 billion of average annual daily net assets and 0.50% of the Fund’s average annual daily net assets in excess of $7.5

Appears in 7 contracts

Samples: Advisory Fee Waiver Agreement (John Hancock Variable Insurance Trust), Advisory Fee Waiver Agreement (John Hancock Variable Insurance Trust), Advisory Fee Waiver Agreement (John Hancock Variable Insurance Trust)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!