May 1, 2013 Christopher Kurtz Vice President, Finance ING Investment Management Co. LLC One Orange Way, C1-N Windsor, CT 06095 Dear Mr. Kurtz:
Exhibit (d)(2)(AA)(i)
May 1, 2013
Xxxxxxxxxxx Xxxxx
Vice President, Finance
ING Investment Management Co. LLC
One Orange Way, C1-N
Windsor, CT 06095
Dear Xx. Xxxxx:
Pursuant to the Sub-Advisory Agreement, dated July 20, 2012 (the “Agreement”), between ING Investments, LLC and ING Investment Management Co. LLC, we hereby notify you of our intention to retain you as Sub-Adviser to render investment advisory services to ING Global Perspectives Portfolio (the “Portfolio”), a newly established series of ING Investors Trust, effective on May 1, 2013, 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 above-mentioned Portfolio to Schedule A of the Agreement. The Amended Schedule A, with the annual sub-advisory fee indicated for the Portfolio, is attached hereto. The remaining terms and conditions set forth in the Agreement will remain unchanged.
Please signify your acceptance to act as Sub-Adviser under the Agreement with respect to the Portfolio by signing below.
Very sincerely, | ||
By: | /s/ Xxxx Xxxxx Xxxx Xxxxx Senior Vice President ING Investments, LLC |
ACCEPTED AND AGREED TO:
ING Investment Management Co. LLC
By: | /s/ Xxxxxxxxxxx Xxxxx | |
Name: | Xxxxxxxxxxx Xxxxx | |
Title: | VP Finance, Duly Authorized |
0000 X. Xxxxxxxxxx Xxxxx Xx. Suite 100 Scottsdale, AZ 00000-0000 |
Tel: 000-000-0000 Fax: 000-000-0000 xxx.xxxxxxxx.xxx |
ING Investments, LLC |
AMENDED SCHEDULE A
with respect to the
between
ING INVESTMENTS, LLC
and
ING INVESTMENT MANAGEMENT CO. LLC
Series
|
Annual Sub-Adviser Fee (as a percentage of average daily net assets) |
ING Bond Portfolio (formerly, ING American Funds Bond Portfolio) |
0.216% on the first $600 million of assets; 0.198% on the next $400 million of assets; 0.180% on the next $1 billion of assets; 0.171% on the next $1 billion of assets; and 0.162% on assets in excess of $3 billion |
ING Global Perspectives Portfolio |
Direct Investments1 0.135% on all assets
Underlying Funds2 0.045% on all assets |
1 | “Direct Investments” shall mean assets which are not Underlying Funds. |
2 | “Underlying Funds” shall mean open-end investment companies registered under the 1940 Act within the ING fund complex. The term, “fund complex” shall have the same meaning as defined in Item 17 of Form N-1A, as it was in effect on March 23, 2013. |
2 |