Directed Services LLC
Exhibit 99.B(d)(1)(D)(i)
Directed Services LLC
0000 Xxxxxxxx Xxxxx, Xxxx Xxxxxxx, XX 00000
August 12, 2009
Xx. Xxxx Xxxxx
Directed Services LLC
0000 Xxxxxxxx Xxxxx
Xxxx Xxxxxxx, XX 00000
Dear Xx. Xxxxx:
Pursuant to the Amended and Restated Investment Management Agreement dated April 29, 2005, as amended and restated between ING Investors Trust and Directed Services LLC (the “Agreement”), we hereby notify you of our intention to retain you as Manager to render investment advisory services to ING Retirement Conservative Portfolio, ING Retirement Growth Portfolio, ING Retirement Moderate Growth Portfolio, and ING Retirement Moderate Portfolio (collectively, the “Portfolios”), effective on or about August 12, 2009. Upon your acceptance, the Agreement will be modified to give effect to the foregoing by adding the Portfolios to the Amended Schedule A of the Agreement. A form of the Amended Schedule A, which indicates the annual investment management fee for the Portfolios, is attached hereto.
The Amended Schedule A has also been updated to reflect name change for ING Oppenheimer Active Asset Allocation Portfolio to ING Oppenheimer Active Allocation Portfolio.
Please signify your acceptance to act as Manager under the Agreement with respect to the Portfolios by signing below.
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Very sincerely, |
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/s/ Xxxxxxxx X. Xxxxxxxx |
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Xxxxxxxx X. Xxxxxxxx |
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Senior Vice President |
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ACCEPTED AND AGREED TO:
Directed Services LLC
By: |
/s/ Xxxx Xxxxx |
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Name: |
Xxxx Xxxxx |
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Title: |
Vice President, Duly Authorized |
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2
AMENDED SCHEDULE A
with respect to the
AMENDED AND RESTATED
INVESTMENT MANAGEMENT AGREEMENT
between
and
DIRECTED SERVICES LLC
Series |
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Effective Date |
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Annual Investment Management |
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(as a percentage of average daily |
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ING American Funds World Allocation Portfolio |
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September 15, 2008 |
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0.10% on all assets |
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ING BlackRock Inflation Protected Bond Portfolio |
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0.450% on first
$200 million; |
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ING Focus 5 Portfolio |
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0.32% on all assets |
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ING Franklin Income Portfolio |
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0.65% on the
first $500 million; and |
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ING Franklin Xxxxxxxxx Founding Strategy Portfolio |
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0.00% |
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ING Xxxxxxx Sachs Commodity Strategy Portfolio |
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April 28, 2008 |
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0.70% on the
first $1 billion; and |
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ING JPMorgan Value Opportunities Portfolio |
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0.400% on first
$21 billion; |
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ING Xxxxxxx International Opportunities Portfolio |
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0.540% on first
$21 billion; and |
3
Series |
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Effective Date |
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Annual Investment Management |
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(as a percentage of average daily |
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ING MFS Utilities Portfolio |
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0.600% on first $1
billion; |
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ING Multi-Manager International Small Cap Portfolio |
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April 28, 2008 |
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1.00% on the first $1
billion; and |
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ING Oppenheimer Active Allocation Portfolio |
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September 15, 2008 |
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0.25% on all assets |
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ING Pioneer Equity Income Portfolio |
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0.65% on first $500
million; and |
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ING
Retirement Conservative Portfolio(1) |
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August 12, 2009 |
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If the Portfolio invests
in Affiliated Underlying Funds: |
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ING Xxx Xxxxxx Global Tactical Asset Allocation Portfolio |
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September 15, 2008 |
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0.75% on the first $500
million; and |
(1) “Direct Investments” shall mean assets which are not shares of open-end investment companies registered under the 1940 Act. “Affiliated Underlying Funds” shall mean open-end investment companies registered under the 1940 Act which are ‘affiliated’ with the Portfolio as such term is defined in Section 2(a)(3) of the 1940 Act. “Unaffiliated Underlying Funds” shall mean open-end investment companies registered under the 1940 Act which are not ‘affiliated’ with the Portfolio as such term is defined in Section 2(a)(3) of the 1940 Act.
4
Series |
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Effective Date |
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Annual Investment Management |
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(as a percentage of average daily |
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ING Xxxxx Fargo Small Cap Disciplined Portfolio |
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0.77% on first $500
million; |
5