AMENDMENT NO. 2 TO THE MUTUAL FUNDS SERVICE AGREEMENT
Exhibit (13)(a)(iii)
AMENDMENT NO. 2
TO THE
MUTUAL FUNDS SERVICE AGREEMENT
AMENDMENT NO. 2 dated as of February 1, 2021 (“Amendment No. 2”), to the Mutual Funds Service Agreement dated as of July 16, 2020 (“Agreement”) between EQ Advisors Trust, a Delaware statutory trust (“Trust”), and Equitable Investment Management Group, LLC, a Delaware limited liability company (“EIM” or “Administrator”).
The Trust and EIM agree to modify the Agreement as follows:
| 1. | Name Change. Effective February 1, 2021, the name of EQ/BlackRock Basic Value Equity Portfolio is changed to EQ/Value Equity Portfolio. |
| 2. | New Portfolios. |
| a. | Effective April 12, 2021, the following Portfolio is hereby added to the Agreement on the terms and conditions contained in the Agreement: |
| • | EQ/Core Plus Bond Portfolio |
| b. | Effective April 30, 2021, the following Portfolios are hereby added to the Agreement on the terms and conditions contained in the Agreement: |
| • | EQ/Aggressive Allocation Portfolio |
| • | EQ/Conservative Allocation Portfolio |
| • | EQ/Conservative-Plus Allocation Portfolio |
| • | EQ/Moderate Allocation Portfolio |
| • | EQ/Moderate-Plus Allocation Portfolio |
| • | Target 2015 Allocation Portfolio |
| • | Target 2025 Allocation Portfolio |
| • | Target 2035 Allocation Portfolio |
| • | Target 2045 Allocation Portfolio |
| • | Target 2055 Allocation Portfolio |
| 3. | Duration of Agreement for New Portfolios. |
| a. | With respect to the New Portfolios, the Agreement will continue in effect for one year after the applicable date specified in section 2 above and may be continued thereafter pursuant to subsection (b) below. |
| b. | With respect to the New Portfolios, the Agreement shall continue in effect annually after the applicable date specified in section 2 above (a) by a vote of a majority of those members of the Trust’s Board of Trustees who are not parties to this Agreement or “interested persons” of such party, cast in person at a meeting called for the purpose of voting on such approval, and (b) by the Trust’s Board of Trustees or by a vote of a |
| “majority of the outstanding voting securities” of the Trust; provided, however, that this Agreement may be terminated by the Trust at any time, without the payment of any penalty, by vote of a majority of the entire Board of Trustees or a vote of a “majority of the outstanding voting securities” of the Trust, on sixty (60) days prior written notice to EIM or by EIM at any time, without the payment of any penalty, on sixty (60) days prior written notice to the Trust. |
| 4. | Name Change. Effective May 1, 2021, the name of EQ/Invesco Global Real Estate Portfolio is changed to EQ/Invesco Global Real Assets Portfolio. |
| 5. | Appendix A. Appendix A is hereby replaced in its entirety by Appendix A attached hereto. |
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, the parties have executed and delivered this Amendment No. 2 as of the date first above set forth.
| EQ ADVISORS TRUST | EQUITABLE INVESTMENT MANAGEMENT GROUP, LLC | |||||||
| By: | /s/ Xxxxx Xxxxx |
By: | /s/ Xxxxxx Xxxx | |||||
| Xxxxx Xxxxx | Xxxxxx Xxxx | |||||||
| Chief Financial Officer and Treasurer | Director, Senior Vice President and Chief Operating Officer | |||||||
SCHEDULE A
AMENDMENT NO. 2 TO THE
MUTUAL FUNDS SERVICE AGREEMENT
Fees and Expenses
Trust Administration, Accounting and Compliance Fees
| Single-Advised Portfolios
The greater of $30,000 per Portfolio or 0.100% of the first $30 billion; 0.0975% of the next $10 billion; 0.0950% of the next $5 billion; and 0.0775% thereafter (based on aggregate average daily net assets of the Single-Advised Portfolios) | ||
| 1290 VT DoubleLine Dynamic Allocation 1290 VT DoubleLine Opportunistic Bond 1290 VT Energy 1290 VT Equity Income 1290 VT GAMCO Mergers & Acquisition 1290 VT GAMCO Small Company Value 1290 VT Low Volatility Global Equity 1290 VT Multi-Alternative Strategies 1290 VT Natural Resources 1290 VT Real Estate 1290 VT SmartBeta Equity 1290 VT Socially Responsible EQ/AB Short Duration Government Bond EQ/American Century Mid Cap Value EQ/Capital Group Research EQ/ClearBridge Large Cap Growth EQ/Common Stock Index EQ/Core Bond Index EQ/Equity 500 Index EQ/Fidelity Institutional AM® Large Cap EQ/Franklin Rising Dividends EQ/Franklin Strategic Income EQ/Xxxxxxx Xxxxx Mid Cap Value EQ/Intermediate Government Bond EQ/International Equity Index |
EQ/Invesco Xxxxxxxx EQ/Invesco Global EQ/Invesco Global Real Assets
(formerly, EQ/Invesco International Growth EQ/Janus Enterprise EQ/JPMorgan Value Opportunities EQ/Large Cap Growth Index EQ/Large Cap Value Index EQ/Lazard Emerging Markets Equity EQ/Xxxxxx Xxxxxx Growth EQ/MFS International Growth EQ/MFS International Intrinsic Value EQ/MFS Mid Cap Focused Growth EQ/MFS Technology EQ/MFS Utilities Series EQ/Mid Cap Index EQ/Money Market EQ/PIMCO Global Real Return EQ/PIMCO Real Return Portfolio EQ/PIMCO Total Return Portfolio EQ/PIMCO Ultra Short Bond EQ/Small Company Index EQ/X. Xxxx Price Growth Stock EQ/X. Xxxx Price Health Sciences EQ/Value Equity (formerly, EQ/Wellington Energy | |
| Hybrid, ATM and Allocation Portfolios*
The greater of $32,500 per Portfolio or 0.140% of the average daily net assets of the Portfolios for the first $60 billion; 0.110% of the next $20 billion; 0.0875% of the next $20 billion; and 0.0775% thereafter (based on aggregate average daily net assets of the Hybrid Portfolios, ATM and Allocation Portfolios and the Portfolios of EQ Premier VIP Trust) | ||
| 1290 VT Convertible Securities 1290 VT High Yield Bond 1290 VT Micro Cap 1290 VT Moderate Growth Allocation 1290 VT Small Cap Value ATM International Managed Volatility ATM Large Cap Managed Volatility ATM Mid Cap Managed Volatility ATM Small Cap Managed Volatility EQ/500 Managed Volatility EQ/International Managed Volatility EQ/2000 Managed Volatility EQ/400 Managed Volatility EQ/AB Dynamic Aggressive Growth EQ/AB Dynamic Growth EQ/AB Dynamic Moderate Growth EQ/AB Small Cap Growth EQ/Aggressive Growth Strategy EQ/All Asset Growth Allocation EQ/American Century Moderate Growth Allocation EQ/AXA Investment Managers Moderate Allocation EQ/Balanced Strategy EQ/ClearBridge Select Equity Managed Volatility EQ/Conservative Growth Strategy EQ/Conservative Strategy EQ/Emerging Markets Equity PLUS EQ/First Trust Moderate Growth Allocation EQ/Franklin Balanced Managed Volatility |
EQ/Franklin Small Cap Value Managed Volatility EQ/Global Bond PLUS EQ/Global Equity Managed Volatility EQ/Xxxxxxx Xxxxx Growth Allocation EQ/Xxxxxxx Sachs Moderate Growth Allocation EQ/Growth Strategy EQ/International Core Managed Volatility EQ/International Value Managed Volatility EQ/Invesco Moderate Allocation EQ/Invesco Moderate Growth Allocation EQ/JPMorgan Growth Allocation EQ/Large Cap Core Managed Volatility EQ/Large Cap Growth Managed Volatility EQ/Large Cap Value Managed Volatility EQ/Xxxx Xxxxx Growth Allocation EQ/Xxxx Xxxxx Moderate Allocation EQ/Mid Cap Value Managed Volatility EQ/Moderate Growth Strategy EQ/Xxxxxx Xxxxxxx Small Cap Growth EQ/Quality Bond PLUS EQ/Ultra Conservative Strategy Multimanager Aggressive Equity Multimanager Core Bond Multimanager Technology
EQ/Core Plus Bond Portfolio****
EQ/Aggressive Allocation Portfolio***** EQ/Conservative Allocation Portfolio***** EQ/Conservative-Plus Allocation Portfolio***** EQ/Moderate Allocation Portfolio***** EQ/Moderate-Plus Allocation Portfolio***** Target 2015 Allocation Portfolio***** Target 2025 Allocation Portfolio***** Target 2035 Allocation Portfolio***** Target 2045 Allocation Portfolio***** Target 2055 Allocation Portfolio***** | |
| * | Assets of these Portfolios are not included in the calculation of the single-advised Portfolio asset based fee. |
| ** | Effective February 1, 2021, the name of EQ/BlackRock Basic Value Equity Portfolio is changed to EQ/Value Equity Portfolio. |
| *** | Effective May 1, 2021, the name of EQ/Invesco Global Real Estate Portfolio is changed to EQ/Invesco Global Real Assets Portfolio. |
| **** | Effective April 12, 2021, the Portfolio is added to the Agreement. |
| ***** | Effective April 30, 2021, the Portfolio is added to the Agreement. |
