Amendment to the Fee Waiver and Expense Reimbursement Agreement
Amendment to the Fee Waiver and Expense Reimbursement Agreement
THIS AMENDMENT is made and effective as of August 1, 2019 between PACE SELECT ADVISORS TRUST, a Delaware statutory trust (“Trust”), and UBS ASSET MANAGEMENT (AMERICAS) INC. (“UBS AM”), a Delaware corporation registered as an investment adviser under the Investment Advisers Act of 1940, as amended.
WHEREAS, the Trust’s Board of Trustees approved the changes to the expense caps for the Funds;
Schedule A
Maximum Permitted Rate
|
|
Class A |
|
Class Y |
|
Class P |
|
Fund |
|
expense cap |
|
expense cap |
|
expense cap |
|
PACE® Government Money Market Investments |
|
N/A |
|
N/A |
|
0.60 |
% |
PACE® Mortgage-Backed Securities Fixed Income Investments |
|
0.97 |
% |
0.72 |
% |
0.72 |
|
PACE® Intermediate Fixed Income Investments |
|
0.91 |
|
0.66 |
|
0.66 |
|
PACE® Strategic Fixed Income Investments |
|
0.93 |
|
0.68 |
|
0.68 |
|
PACE® Municipal Fixed Income Investments |
|
0.82 |
|
0.57 |
|
0.57 |
|
PACE® Global Fixed Income Investments |
|
1.03 |
|
0.87 |
|
0.84 |
|
PACE® High Yield Investments |
|
1.06 |
|
0.88 |
|
0.91 |
|
PACE® Large Co Value Equity Investments. |
|
1.14 |
|
0.89 |
|
0.89 |
|
PACE® Large Co Growth Equity Investments |
|
1.13 |
|
0.88 |
|
0.88 |
|
PACE® Small/Medium Co Value Equity Investments |
|
1.29 |
|
1.04 |
|
1.04 |
|
PACE® Small/Medium Co Growth Equity Investments |
|
1.33 |
|
1.08 |
|
1.08 |
|
PACE® International Equity Investments |
|
1.35 |
|
1.10 |
|
1.10 |
|
PACE® International Emerging Markets Equity Investments |
|
1.65 |
|
1.40 |
|
1.40 |
|
PACE® Global Real Estate Securities Investments |
|
1.45 |
|
N/A |
|
1.20 |
|
PACE® Alternative Strategies Investments |
|
1.88 |
|
1.63 |
|
1.63 |
|
|
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By: |
/s/ Xxxxxx Xxxxxx |
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By: |
/s/ Xxxxxxx Xxxxxx |
Name: |
Xxxxxx Xxxxxx |
|
Name: |
Xxxxxxx Xxxxxx |
Title: |
VP & Assistant Secretary |
|
Title: |
VP & Assistant Secretary |
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|
|
The foregoing Amendment is hereby accepted and effective as of August 1, 2019. | ||||
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UBS Asset Management (Americas) Inc. |
UBS Asset Management (Americas) Inc. | |||
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By: |
/s/ Xxxx Xxxxxxx |
|
By: |
/s/ Xxxxx X. Xxxxxx |
Name: |
Xxxx Xxxxxxx |
|
Name: |
Xxxxx X. Xxxxxx |
Title: |
Director |
|
Title: |
Executive Director and Deputy General Counsel |