Amendment and Novation
Exhibit (g)(20)
Amendment and Novation
Reference is made to the Custody and Investment Accounting Agreement (“Agreement”) between Pacific Select Fund (“PSF”) and State Street Bank and Trust Company (“State Street”), made effective the 1st day of June, 2001, as amended to date.
WHEREAS, PSF is currently organized as a Massachusetts business trust;
WHEREAS, PSF will reorganize (“Reorganization”) as a Delaware statutory trust effective on or about June 30, 2016 pursuant to an Agreement and Plan of Reorganization for a Change of Domicile (“Plan”), subject to shareholder approval and satisfaction of all other necessary conditions precedent, as specified in the Plan;
WHEREAS, upon the effective date of the Reorganization all of the assets and liabilities of each PSF series (each an “Acquired Fund”) will be transferred to its corresponding series of a newly organized Delaware statutory trust identified on Schedule A hereto (each an “Acquiring Fund”), also named Pacific Select Fund, which will succeed to all of the rights, duties and obligations of its PSF predecessor Massachusetts business trust; and
WHEREAS, the parties to the Agreement wish to continue the Agreement, following the Reorganization, in its current form except as amended below, and substituting Pacific Select Fund (the Delaware statutory trust) for PSF (the Massachusetts business trust);
NOW, THEREFORE, in consideration of the mutual agreements and premises contained herein, and intending to be legally bound hereby, the parties hereto agree as follows, effective as of closing of the Reorganization on or about June 30, 2016:
| 1. | Any and all references in the Agreement to PSF as a “Massachusetts business trust,” including any organizational documents on file in the Commonwealth of Massachusetts, are hereby deleted and replaced to reflect that Pacific Select Fund is a “Delaware statutory trust” with organization documents on file in the state of Delaware. |
| 2. | PSF assigns all of its rights, duties, liabilities and obligations under the Agreement to Pacific Select Fund, a Delaware Statutory Trust. |
| 3. | Pacific Select Fund, a Delaware statutory trust, assumes all rights, duties, liabilities and obligations of PSF under the Agreement. |
| 4. | State Street agrees to the above assignments and assumptions. |
| 5. | All other terms and conditions set forth in the Agreement are hereby confirmed and remain in full force and effect. |
IN WITNESS WHEREOF, each of the parties listed below have caused this Amendment and Novation to be executed by their respective officers.
Acknowledged And Agreed To By:
Pacific Select Fund, a Massachusetts business trust
| By: /s/ Xxxxxx X. Xxxxxxxx | By: /s/ Xxxxxxx X. XxxXxxxx | |
| Name: Xxxxxx X. Xxxxxxxx | Name: Xxxxxxx X. XxxXxxxx | |
| Title: Senior Vice President | Title: VP & Assistant Secretary | |
| Pacific Select Fund, a Delaware statutory trust
|
||
| By: /s/ Xxxxxx X. Xxxxxxxx | By: /s/ Xxxxxxx X. XxxXxxxx | |
| Name: Xxxxxx X. Xxxxxxxx | Name: Xxxxxxx X. XxxXxxxx | |
| Title: Senior Vice President | Title: VP & Assistant Secretary | |
| Pacific Life Fund Advisors LLC
|
||
| By: /s/ Xxxxxx X. Xxxxxxxx | By: /s/ Xxxxxxx X. XxxXxxxx | |
| Name: Xxxxxx X. Xxxxxxxx | Name: Xxxxxxx X. XxxXxxxx | |
| Title: SVP, Fund Advisors Operations | Title: VP & Assistant Secretary | |
State Street Bank and Trust Company
By: /s/ Xxxxxx Xxxxxxxx
Name: Xxxxxx Xxxxxxxx
Title: Executive Vice President
State Street: Limited Access
Schedule A – Custody and Investment Accounting Agreement
List of Portfolios
As of June 30, 2016
(Between Pacific Select Fund and State Street Bank and Trust Company)
Fixed Income Portfolios:
Core Income Portfolio
Diversified Bond
Emerging Markets Debt
Floating Rate Loan
Floating Rate Income
High Yield Bond
Inflation Managed
Inflation Strategy
Managed Bond
Short Duration Bond
U.S. Equity Portfolios:
American Funds® Growth
American Funds® Growth-Income
Xxxxxxxx
Dividend Growth
Equity Index
Focused Growth
Growth
Large-Cap Growth
Large-Cap Value
Long/Short Large-Cap
Main Street® Core
Mid-Cap Equity
Mid-Cap Growth
Mid-Cap Value
Small-Cap Equity
Small-Cap Growth
Small-Cap Index
Small-Cap Value
Value Advantage
Sector Portfolios:
Health Sciences
Real Estate
Technology
Non-U.S. Equity Portfolios:
Emerging Markets
International Large-Cap
International Small-Cap
International Value
State Street: Limited Access
Asset Allocation/Balanced Portfolios:
American Funds® Asset Allocation
Pacific Dynamix— Conservative Growth
Pacific Dynamix— Moderate Growth
Pacific Dynamix— Growth
Portfolio Optimization Conservative
Portfolio Optimization Moderate-Conservative
Portfolio Optimization Moderate
Portfolio Optimization Growth
Portfolio Optimization Aggressive-Growth
Pacific Dynamix Underlying Portfolios:
PD Aggregate Bond Index
PD High Yield Bond Market
PD Large-Cap Growth Index
PD Large-Cap Value Index
PD Small-Cap Growth Index
PD Small-Cap Value Index
PD International Large-Cap
PD Emerging Markets
Alternative Strategies Portfolios:
Absolute Return Portfolio
Currency Strategies Portfolio
Equity Long Short Portfolio
Global Absolute Return Portfolio
Precious Metals Portfolio
State Street: Limited Access
