Contract
(d)(1)(i) |
August 16, 2010
Xxxx Xxxxx
Senior Vice President
ING Investments, LLC
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Scottsdale, AZ 85258
Dear Xx. Xxxxx:
Pursuant to the Amended and Restated Investment Management Agreement dated July 29, 2005, as amended, between ING Funds Trust and ING Investments, LLC (the “Agreement”), we hereby notify you of our intention to retain you as Manager to render investment advisory services to ING Floating Rate Fund (the “Fund”), a newly established series of ING Funds Trust, effective on or about August 16, 2010, 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 adding the Fund to the Amended Schedule A of the Agreement. The Amended Schedule A, with the annual investment management fee indicated for the Fund, is attached hereto.
Please signify your acceptance to act as Manager under the Agreement with respect to the Fund by signing below where indicated.
Very sincerely, |
/s/ Xxxxxxxx X. Xxxxxxxx |
Xxxxxxxx X. Xxxxxxxx |
Senior Vice President |
ING Funds Trust |
ACCEPTED AND AGREED TO: ING Investments, LLC | ||
By: | /s/ Xxxx Xxxxx | |
Xxxx Xxxxx | ||
Senior Vice President |
0000 X. Xxxxxxxxxx Xxxxx Xx. | Tel: 000-000-0000 | ING Funds Trust | ||
Scottsdale, AZ 00000-0000 | Fax: 000-000-0000 | |||
xxx.xxxxxxxx.xxx |
AMENDED SCHEDULE A
with respect to the
AMENDED AND RESTATED MANAGEMENT AGREEMENT
between
and
ING INVESTMENTS, LLC
Name of Fund |
Annual Investment Management Fee | |
(as a percentage of average daily net assets) | ||
ING Classic Money Market Fund |
0.25% | |
ING Floating Rate Fund |
0.55% | |
ING High Yield Bond Fund |
0.51% on first $500 million of assets 0.45% on next $4.5 billion of assets 0.40% on assets thereafter | |
ING Institutional Prime Money Market Fund |
0.08% | |
ING Intermediate Bond Fund |
0.17% |
- 2 -