January 1, 2015 Mr. Todd Modic Senior Vice President Voya Investments, LLC Suite 100 Scottsdale, AZ 85258 Dear Mr. Modic:
(d)(1)(i)
January 1, 2015
Xx. Xxxx Xxxxx
Senior Vice President
Voya Investments, LLC
0000 Xxxx Xxxxxxxxxx Xxxxx Xxxx
Suite 100
Scottsdale, AZ 85258
Dear Xx. Xxxxx:
Pursuant to the Investment Management Agreement, dated November 18, 2014, between Voya Variable Portfolios, Inc. (“VVPI”’) and Voya Investments, LLC (the “Agreement”), we hereby notify you of our intention to modify the breakpoints to the annual investment management fees for Voya International Index Portfolio, Xxxx Xxxxxxx™ Large Cap Growth Index Portfolio, Xxxx Xxxxxxx™ Large Cap Value Index Portfolio, Xxxx Xxxxxxx™ Mid Cap Growth Index Portfolio, and Voya U.S. Bond Index Portfolio (collectively, the “Portfolios”), each a series of VVPI, effective on January 1, 2015, upon all of the terms and conditions set forth in the Agreement.
Upon your acceptance, the Agreement will be modified to give effect to the foregoing by amending Schedule A of the Agreement. The Amended Schedule A, which indicates the modified breakpoints to the annual investment management fees for the Portfolios, is attached hereto.
Please signify your acceptance to the modified breakpoints to the annual investment management fees for the aforementioned Portfolios by signing below where indicated.
| Very sincerely, | ||||
| By: | /s/ Xxxxxxxx X. Xxxxxxxx |
|||
| Xxxxxxxx X. Xxxxxxxx | ||||
| Senior Vice President | ||||
| Voya Variable Portfolios, Inc. | ||||
| ACCEPTED AND AGREED TO: | ||
| Voya Investments, LLC | ||
| By: | /s/ Xxxx Xxxxx | |
| Name: | Xxxx Xxxxx | |
| Title: | Senior Vice President, Xxxx Authorized | |
AMENDED SCHEDULE A
with respect to the
INVESTMENT MANAGEMENT AGREEMENT
between
VOYA VARIABLE PORTFOLIOS, INC.
and
VOYA INVESTMENTS, LLC
| Series | Effective Date |
Annual Investment Management Fee (as a percentage of average daily net assets)
| ||
| Voya Australia Index Portfolio | May 7, 2013 | 0.60% | ||
| Voya Emerging Markets Index Portfolio | May 7, 2013 | 0.55% | ||
| Voya Euro STOXX 50® Index Portfolio | May 7, 2013 | 0.60% | ||
| Voya FTSE 100 Index® Portfolio | May 7, 2013 | 0.60% | ||
| Voya Global Value Advantage Portfolio | May 7, 2013 | 0.46% on first $500 million 0.43% on next $500 million 0.41% thereafter | ||
| Voya Hang Seng Index Portfolio | May 7, 2013 | 0.60% on first $250 million 0.50% on next $250 million 0.45% thereafter | ||
| Voya Index Plus LargeCap Portfolio | May 7, 2013 | 0.35% | ||
| Voya Index Plus MidCap Portfolio | May 7, 2013 | 0.40% | ||
| Voya Index Plus SmallCap Portfolio | May 7, 2013 | 0.40% | ||
| Voya International Index Portfolio | January 1, 2015 | 0.38% on first $500 million 0.36% on next $500 million 0.34% on next $500 million 0.32% thereafter | ||
| Voya Japan TOPIX Index® Portfolio | May 7, 2013 | 0.60% | ||
| Series | Effective Date |
Annual Investment Management Fee (as a percentage of average daily net assets)
| ||
| Xxxx Xxxxxxx™ Large Cap Growth Index Portfolio | January 1, 2015 | 0.40% on first $500 million 0.38% on next $500 million 0.36% thereafter | ||
| Xxxx Xxxxxxx™ Large Cap Index Portfolio | May 7, 2013 | 0.25% on first $1 billion 0.23% on next $1 billion 0.21% thereafter | ||
| Xxxx Xxxxxxx™ Large Cap Value Index Portfolio | January 1, 2015 | 0.40% on first $250 million 0.30% on next $250 million 0.25% thereafter | ||
| Xxxx Xxxxxxx™ Mid Cap Growth Index Portfolio | January 1, 2015 | 0.40% on first $500 million 0.38% on next $500 million 0.36% thereafter | ||
| Xxxx Xxxxxxx™ Mid Cap Index Portfolio | May 7, 2013 | 0.31% on first $2 billion 0.24% on next $2 billion 0.18% thereafter | ||
| Xxxx Xxxxxxx™ Small Cap Index Portfolio | May 7, 2013 | 0.33% on first $1 billion 0.31% on next $1 billion 0.29% thereafter | ||
| Voya Small Company Portfolio | May 7, 2013 | 0.75% | ||
| Voya U.S. Bond Index Portfolio | January 1, 2015 | 0.32% on first $500 million 0.30% on next $500 million 0.28% on next $1 billion 0.26% on next $2 billion 0.24% on next $2 billion 0. 22% thereafter | ||
