INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • June 12th, 2024 • New Age Alpha Variable Funds Trust • Delaware
THIS INVESTMENT ADVISORY AGREEMENT (this “Agreement”) is made as of this June 4, 2024, and between New Age Alpha Variable Funds Trust, a Delaware statutory trust (the “Trust”) registered as an investment company under the Investment Company Act of 1940, as amended (the “1940 Act”), and New Age Alpha Advisors, LLC, a Delaware limited liability company.
DISTRIBUTION AGREEMENTDistribution Agreement • June 12th, 2024 • New Age Alpha Variable Funds Trust • Delaware
This Distribution Agreement (this “Agreement”), dated May 23, 2024, is made by and among New Age Alpha Variable Funds Trust, a Delaware statutory trust (the “Trust”), New Age Alpha Advisors, LLC, a Delaware limited liability company (the “Advisor”), and Ultimus Fund Distributors, LLC, a limited liability company organized under the laws of the state of Ohio (“Distributor”).
EXPENSE LIMITATION AGREEMENTExpense Limitation Agreement • May 8th, 2024 • New Age Alpha Variable Funds Trust
This Expense Limitation Agreement is made by and between New Age Alpha Advisors, LLC (the “Adviser”) and New Age Alpha Variable Funds Trust (the “Trust”) (this “Agreement”), on behalf of the series of the Trust set forth in the set of schedules to this Agreement identified as “Schedule A” and then numerically designated (e.g., Schedule A-1) attached hereto (each a “Fund,” and collectively, the “Funds”) as of the “Effective Date” noted on Schedule A with respect to each Fund.
CUSTODIAN AGREEMENTCustodian Agreement • June 12th, 2024 • New Age Alpha Variable Funds Trust • New York
THIS AGREEMENT, dated as of May 30, 2024, between NEW AGE ALPHA VARIABLE FUNDS TRUST (the “Trust”), an open-end management investment company organized as a Delaware statutory trust and registered with the Commission under the 1940 Act (as defined herein) for itself and on behalf of each of its series listed on Schedule I hereto (each individually, the “Fund”), and BROWN BROTHERS HARRIMAN & CO., a limited partnership formed under the laws of the State of New York (“BBH&Co.” or the “Custodian”).
AGREEMENT AND DECLARATION OF TRUST OF New Age ALPHA VARIABLE FUNDS TrustTrust Agreement • May 8th, 2024 • New Age Alpha Variable Funds Trust
WHEREAS, THIS AGREEMENT AND DECLARATION OF TRUST is made and entered into as of the date set forth below by the sole initial Trustee named hereunder for the purpose of forming a Delaware statutory trust in accordance with the provisions hereinafter set forth, to be effective upon the filing of the executed Certificate of Trust with the state of Delaware.
BY-LAWS OF New Age Alpha Variable Funds TrustBy-Laws • May 8th, 2024 • New Age Alpha Variable Funds Trust
AGREEMENT AND PLAN OF REORGANIZATIONAgreement and Plan of Reorganization • November 15th, 2024 • New Age Alpha Variable Funds Trust • Delaware
This Agreement and Plan of Reorganization (“Agreement”) is made as of October 25, 2024, by and between Guggenheim Variable Funds Trust (the “Acquired Fund Trust”), a Delaware statutory trust, on behalf of its series, Series A (StylePlus—Large Core Series) (the “Acquired Fund”), and New Age Alpha Variable Funds Trust (the “Acquiring Fund Trust”), a Delaware statutory trust, on behalf of its series, NAA Large Core Series (the “Acquiring Fund” and, together with the Acquired Fund, the “Funds”). New Age Alpha Advisors, LLC (the “Acquiring Fund Adviser”), a Delaware limited liability company, joins this Agreement solely for purposes of paragraphs 5.13 and 8.2; Security Investors, LLC (the “Acquired Fund Adviser”), a Kansas limited liability company, joins this Agreement solely for purposes of paragraph 8.2.
MASTER SERVICES AGREEMENTMaster Services Agreement • June 12th, 2024 • New Age Alpha Variable Funds Trust • New York
This Master Services Agreement (this “Agreement”), dated June 6, 2024, is between New Age Alpha Variable Funds Trust (the “Trust”), a Delaware statutory trust, and Ultimus Fund Solutions, LLC (“Ultimus”), a limited liability company organized under the laws of the state of Ohio.
EXPENSE LIMITATION AGREEMENT NEW AGE ALPHA VARIABLE FUNDS TRUSTExpense Limitation Agreement • June 12th, 2024 • New Age Alpha Variable Funds Trust
This Expense Limitation Agreement is made by and between New Age Alpha Advisors, LLC (the “Adviser”) and New Age Alpha Variable Funds Trust (the “Trust”) (this “Agreement”), on behalf of the series of the Trust set forth in the set of schedules to this Agreement identified as “Schedule A” and then numerically designated (e.g., Schedule A-1) attached hereto (each a “Fund,” and collectively, the “Funds”) as of the “Effective Date” noted on Schedule A with respect to each Fund.
SCHEDULE A-1 to the AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT (this “Agreement”) between New Age Alpha Variable Funds Trust (the “Trust”) and New Age Alpha Advisors, LLCExpense Limitation Agreement • September 3rd, 2024 • New Age Alpha Variable Funds Trust
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be signed on their behalf by their duly authorized officers effective as of the Effective Date noted in the Schedule A above.
SCHEDULE A-1 Investment Advisory AgreementInvestment Advisory Agreement • September 3rd, 2024 • New Age Alpha Variable Funds Trust
The Trust will pay to the Adviser as compensation for the Adviser’s services rendered, a fee, computed daily at an annual rate based on the average daily net assets of the respective Fund in accordance the following fee schedule:
