August 1, 2014 Voya Funds Trust Suite 100 Scottsdale, AZ 85258 Ladies and Gentlemen:
(d)(1)(i)
August 1, 2014
0000 X. Xxxxxxxxxx Xxxxx Xx.
Suite 100
Scottsdale, AZ 85258
Ladies and Gentlemen:
By this letter dated August 1, 2014 we agree to waive the investment management fee payable to us under the Investment Management Agreement, dated May 13, 2013 between Voya Investments, LLC formerly, ING Investments, LLC, and Voya Funds Trust, formerly, ING Funds Trust (the “Agreement”). Such waiver will be in an amount equal to the investment management fees allocated to, and otherwise payable by, the Class P shares of Voya Floating Rate Fund, formerly ING Floating Rate Fund, and Voya High Yield Bond Fund, formerly ING High Yield Bond Fund, each a series of Voya Funds Trust, thereby reducing the post-waiver fee rate payable by the Class P shares to 0.00%.
By this letter, we agree to waive the investment management fee in this manner for the period from August 1, 2014 through August 1, 2015 (the “Waiver Period”).
Please indicate your agreement to this reduction in fee by executing below in the place indicated.
Notwithstanding the foregoing, termination or modification of this letter requires approval by the Board of Trustees of Voya Funds Trust.
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Very sincerely, |
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By: |
/s/ Xxxx Xxxxx |
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Xxxx Xxxxx |
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Senior Vice President |
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Voya Investments, LLC |
Agreed and Accepted:
(on behalf of the Funds)
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By: |
/s/ Xxxxxxx X. Xxxxxx |
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Xxxxxxx X. Xxxxxx |
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Executive Vice President |
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