Amendment to Amended and Restated Investment Advisory and Management Agreement Between JNL Investors Series Trust and Jackson National Asset Management, LLC
EX. 99.28(d)(1)(ix)
Amendment to
Amended and Restated Investment Advisory
and Management Agreement
Between JNL Investors Series Trust and
Xxxxxxx National Asset Management, LLC
This Amendment is made by and between JNL Investors Series Trust, a Massachusetts business trust (the “Trust”) and Xxxxxxx National Asset Management, LLC, a Michigan limited liability company (the “Adviser”).
Whereas, the Trust and the Adviser (the “Parties”) entered into an Amended and Restated Investment Advisory and Management Agreement effective as of the 1st day of December, 2012, as amended (the “Agreement”), whereby the Adviser agreed to perform certain investment advisory services, on behalf of several separate series of shares (each a “Fund”), as listed on Schedule A of the Agreement.
Whereas, the Board of Trustees of the Trust (the “Board”) approved the following new fund, effective August 13, 2018 (the “New Fund”):
JNL Securities Lending Collateral Fund
Whereas, pursuant to Board approval of the New Fund, the Parties have agreed to amend the Agreement, effective August 13, 2018, to add the New Fund and its fees to Schedule A and Schedule B.
Now Therefore, in consideration of the mutual covenants herein contained, the Parties hereby agree to amend the Agreement as follows:
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1)
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Schedule A to the Agreement is hereby deleted and replaced in its entirety with Schedule A dated August 13, 2018, attached hereto.
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2)
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Schedule B to the Agreement is hereby deleted and replaced in its entirety with Schedule B dated August 13, 2018, attached hereto.
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3)
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Each of the Parties represents and warrants to the others that it has full authority to enter into this Amendment upon the terms and conditions hereof and that the individual executing this Amendment is duly authorized to bind the respective party to this Amendment.
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4)
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This Amendment may be executed in one or more counterparts, which together shall constitute one document.
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In Witness Whereof, the Adviser and the Trust have caused this Amendment to be executed, effective August 13, 2018.
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Xxxxxxx National Asset Management, LLC
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By:
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/s/ Xxxxxxx X. Xxxxxx
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By:
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/s/ Xxxx X. Xxxxx
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Name:
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Xxxxxxx X. Xxxxxx
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Name:
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Xxxx X. Xxxxx
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Title:
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Assistant Secretary
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Title:
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President and CEO
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Schedule A
Dated August 13, 2018
(List of Funds)
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Fund
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Class(es)
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JNL Government Money Market Fund
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Institutional Class
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JNL Securities Lending Collateral Fund
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Institutional Class
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JNL/PPM America Low Duration Bond Fund
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Class A
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Class I
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A-1
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Schedule B
Dated August 13, 2018
(Compensation)
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Fund
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Assets
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Advisory Fee
(Annual Rate Based on Average Net Assets of each Fund)
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JNL Government Money Market Fund
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$0 to $750 million
$750 million to $3 billion
$3 billion to $5 billion
Over $5 billion
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0.200%
0.180%
0.160%
0.140%
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JNL Securities Lending Collateral Fund
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$0 to $3 billion
$3 billion to $5 billion
Over $5 billion
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0.040%
0.035%
0.030%
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JNL/PPM America Low Duration Bond Fund
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$0 to $500 million
$500 million to $3 billion
$3 billion to $5 billion
Over $5 billion
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0.350%
0.300%
0.290%
0.280%
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B-1
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