EX-99.23(d)(74)
AMENDMENT
TO
INVESTMENT SUB-ADVISORY AGREEMENT
BETWEEN
XXXXXXX NATIONAL ASSET MANAGEMENT, LLC
AND
STANDARD & POOR'S INVESTMENT ADVISORY SERVICES, INC
This AMENDMENT is made by and between XXXXXXX NATIONAL ASSET MANAGEMENT,
LLC, a Michigan limited liability company and registered investment adviser
("Adviser"), and STANDARD & POOR'S INVESTMENT ADVISORY SERVICES, INC, a Delaware
corporation and registered investment adviser ("Sub-Adviser").
WHEREAS, the Adviser and Sub-Adviser entered into an Investment
Sub-Advisory Agreement dated as of January 31, 2001 ("Agreement"), whereby
Adviser appointed Sub-Adviser to provide certain sub-investment advisory
services to the investment portfolios of the JNL Series Trust; and
WHEREAS, certain JNL/S&P Funds will be merged as outlined below;
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Acquiring Funds Acquired Funds
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JNL/S&P Moderate Growth Fund I JNL/S&P Core Index 100 Fund
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JNL/S&P Aggressive Growth Fund I JNL/S&P Core Index 50 Fund
JNL/S&P Core Index 75 Fund
JNL/S&P Very Aggressive Growth Fund I
JNL/S&P Equity Aggressive Growth Fund I
JNL/S&P Equity Growth Fund I
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WHEREAS, the names of the JNL/S&P Funds will be changed as outlined below;
and
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New Fund Name Old Fund Name
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JNL/S&P Managed Aggressive Fund JNL/S&P Moderate Growth Fund I
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JNL/S&P Managed Moderate Aggressive Fund JNL/S&P Conservative Growth Fund I
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JNL/S&P Managed Very Aggressive Fund JNL/S&P Aggressive Growth Fund I
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WHEREAS, the new funds will be added to the JNL/S&P Funds as outlined
below.
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JNL/S&P Managed Conservative Fund
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JNL/S&P Managed Moderate Fund
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NOW THEREFORE, in consideration of the mutual covenants herein contained,
the parties hereby agree to amend the Agreement as follows:
1. Schedule A to the Agreement is hereby deleted and replaced in its
entirety with Schedule A dated October 4, 2004, attached hereto.
2. Schedule B to the Agreement is hereby deleted and replaced in its
entirety with Schedule B dated October 4, 2004, attached hereto.
IN WITNESS WHEREOF, the Adviser and the Sub-Adviser have caused this
Amendment to be executed as of this 4th day of October, 2004.
XXXXXXX NATIONAL ASSET STANDARD & POOR'S INVESTMENT
MANAGEMENT, LLC ADVISORY SERVICES, INC.
By: By:
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Name: XXXXXX X. XXXXXXX Name:
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Title: PRESIDENT Title:
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SCHEDULE A
DATED OCTOBER 4, 2004
(Fund)
JNL/S&P Managed Aggressive Fund
JNL/S&P Managed Conservative Fund
JNL/S&P Managed Moderate Aggressive Fund
JNL/S&P Managed Moderate Fund
JNL/S&P Managed Very Aggressive Fund
SCHEDULE B
DATED OCTOBER 4, 2004
(Compensation)
S&P/JNL Managed Aggressive Fund
S&P/JNL Managed Conservative Fund
S&P/JNL Managed Moderate Aggressive Fund
S&P/JNL Managed Moderate Fund
S&P/JNL Managed Very Aggressive Fund
ASSETS ANNUAL RATE
$0 to $1.3 billion 0.07%
Over $1.3 billion 0.05%
The assets of the funds are aggregated for purposes of calculating the
sub-advisory fee.