Amendment to Investment Sub-Advisory Agreement Between Jackson national Asset Management, LLC and Capital Guardian Trust Company
EX 99.28(d)(232)
Amendment
to
Between
Xxxxxxx national Asset Management, LLC
and
Capital Guardian Trust Company
This Amendment is made by and between Xxxxxxx National Asset Management, LLC, a Michigan limited liability company and registered investment adviser (“Adviser”), and Capital Guardian Trust Company, a California corporation and registered investment adviser (“Sub-Adviser”).
Whereas, the Adviser and the Sub-Adviser entered into an Investment Sub-Advisory Agreement dated as of December 3, 2007 (as amended, the “Agreement”), whereby Adviser appointed Sub-Adviser to provide certain sub-investment advisory services to certain investment portfolios of the JNL Series Trust; and
Whereas, the Adviser has replaced Capital Guardian Trust Company as Sub-Adviser to the JNL/Capital Guardian International U.S. Growth Equity Fund (“Fund”); and
Whereas, in order to reflect the above-referenced replacement, Schedule A and Schedule B must be amended to remove the Fund from the Agreement.
Now Therefore, in consideration of the mutual covenants herein contained, the parties hereby agree to amend the Agreement as follows:
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1.
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Schedule A to the Agreement is hereby deleted and replaced in its entirety with Schedule A dated April 30, 2012, attached hereto.
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2.
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Schedule B to the Agreement is hereby deleted and replaced in its entirety with Schedule B dated April 30, 2012, attached hereto.
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In Witness Whereof, the Adviser and the Sub-Adviser have caused this Amendment to be executed as of November 23, 2011, effective as of April 30, 2012.
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Xxxxxxx National Asset Management, LLC
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Capital Guardian Trust Company
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By: /s/ Xxxx X. Xxxxx
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By: /s/ Xxxxx X. Xxxx
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Name: Xxxx X. Xxxxx
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Name: Xxxxx X. Xxxx
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Title: President and CEO
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Title: Vice President
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Schedule A
Dated April 30, 2012
(Funds)
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JNL/Capital Guardian Global Diversified Research Fund
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JNL/Capital Guardian Global Balanced Fund
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A-1
Schedule B
Dated April 30, 2012
(Compensation)
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JNL/Capital Guardian Global Balanced Fund
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Average Daily Net Assets
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Annual Rate
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$0 to $400 Million:
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.425%
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Over $400 Million:
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.375%
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JNL/Capital Guardian Global Diversified Research Fund
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Average Daily Net Assets
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Annual Rate
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$0 to $200 Million:
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.50%
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$200 to $400 Million:
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.45%
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Over $400 Million:
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.40%
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B-1
