TRANSAMERICA FUNDS AMENDMENT TO INVESTMENT SUBADVISORY AGREEMENT BETWEEN TRANSAMERICA ASSET MANAGEMENT, INC. AND GOLDMAN SACHS ASSET MANAGEMENT, L.P.
Exhibit (d)(7)(i)
AMENDMENT TO INVESTMENT SUBADVISORY AGREEMENT BETWEEN
TRANSAMERICA ASSET MANAGEMENT, INC. AND
XXXXXXX XXXXX ASSET MANAGEMENT, L.P.
THIS AMENDMENT is dated as of November 1, 2022, to the Investment Subadvisory Agreement dated as of August 28,2020, as amended, (the “Agreement”) between Transamerica Asset Management, Inc. and Xxxxxxx Xxxxx Asset Management, L.P.
In consideration of the mutual covenants contained herein, the parties agree as follows:
1. Schedule A. Schedule A to the Agreement is hereby deleted entirely and replaced as follows:
FUND | SUB-ADVISER COMPENSATION1 | |
Transamerica Asset Allocation - Conservative Portfolio Transamerica Asset Allocation - Growth Portfolio Transamerica Asset Allocation - Moderate Growth Portfolio Transamerica Asset Allocation - Moderate Portfolio |
0.070% of the first $1 billion; 0.055% over $ 1 billion up to $ 3 billion; 0.050% over $3 billion up to $5 billion; 0.045% over $5 billion up to $7 billion; 0.0425% over $7 billion up to $ 9 billion; and 0 .0350% in excess of $9 billion
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(I) | The average daily net assets for the purposes of calculating subadvisory fees will be determined based of the aggregate average daily net assets of Transamerica Asset Allocation - Conservative Portfolio, Transamerica Asset Allocation - Growth Portfolio, Transamerica Asset Allocation - Moderate Growth Portfolio, Transamerica Asset Allocation - Moderate Portfolio, each a series of the Trust and Transamerica Xxxxxxx Xxxxx 70/30 Allocation VP, Transamerica Xxxxxxx Xxxxx Managed Risk - Balanced ETF VP, Transamerica Xxxxxxx Xxxxx Managed Risk - Conservative ETF VP, and Transamerica Xxxxxxx Xxxxx Managed Risk - Growth ETF VP, each a series of Transamerica Series Trust |
In all other respects, the Agreement dated as of August 28, 2020, as amended, is confirmed, and remains in full force and effect.
[signature page follows]
IN WITNESS WHEREOF, each of the parties hereto has executed this amendment as of the date set forth above.
TRANSAMERICA ASSET MANAGEMENT, INC. | ||||||
By: |
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Name: | Xxxxxxxxxxx X. Xxxxxxx | |||||
Title: | Senior Vice President | |||||
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