AMENDMENT NO. 10 TO THE MUTUAL FUNDS SERVICE AGREEMENT
Exhibit (h)(1)(xi)
AMENDMENT NO. 10
TO THE
MUTUAL FUNDS SERVICE AGREEMENT
AMENDMENT NO. 10 to the Mutual Funds Service Agreement dated as of June 1, 2014 between EQ Advisors Trust, a Delaware statutory trust (“Trust”) and AXA Equitable Funds Management Group, LLC a Delaware limited liability company (“FMG LLC” or “Administrator”) (“Amendment No. 10”).
The Trust and FMG LLC agree to modify the Mutual Funds Service Agreement dated as of May 1, 2011, as amended, (“Agreement”) as follows:
1. | New Portfolios. Multimanager Aggressive Equity Portfolio, Multimanager Core Bond Portfolio, Multimanager Mid Cap Growth Portfolio, Multimanager Mid Cap Value Portfolio and Multimanager Technology Portfolio are hereby added to the Agreement on the terms and conditions contained in the Agreement. |
2. | Schedule A: Schedule A to the Agreement is hereby replaced in its entirety by Schedule A attached hereto. |
Except as modified and amended hereby, the Agreement is hereby ratified and confirmed in full force and effect in accordance with its terms.
IN WITNESS WHEREOF, the parties have executed and delivered this Amendment No. 10 as of the date first above set forth.
EQ ADVISORS TRUST | AXA EQUITABLE FUNDS MANAGEMENT GROUP, LLC | |||||||
By: |
/s/ Xxxxx Xxxxx |
By: | /s/ Xxxxxx X. Xxxxx | |||||
Xxxxx Xxxxx Chief Financial Officer and Treasurer |
Xxxxxx X. Xxxxx Chairman, Chief Executive Officer and President |
SCHEDULE A
AMENDMENT NO. 10
MUTUAL FUNDS SERVICE AGREEMENT
Fees and Expenses
Trust Administration, Accounting and Compliance Fees
Single-Advised Portfolios
0.12% of the first $3 billion; 0.11% of the next $3 billion; 0.105% of the next $4 billion; 0.10% of the next $20 billion; and 0.0975% thereafter (based on aggregate average daily net assets of the Portfolios) plus $30,000 for each Portfolio with total average net assets of less than $5 billion | ||
EQ/AllianceBernstein Short-Term Bond EQ/AllianceBernstein Short Duration Government Bond AXA SmartBeta™ Equity EQ/BlackRock Basic Value Equity EQ/Boston Advisors Equity Income EQ/Xxxxxxx Socially Responsible EQ/Capital Guardian Research EQ/Common Stock Index EQ/Core Bond Index EQ/Xxxxx New York Venture EQ/Energy ETF EQ/Equity 500 Index EQ/GAMCO Mergers and Acquisitions EQ/GAMCO Small Company Value EQ/International Equity Index EQ/International ETF EQ/Intermediate Government Bond EQ/Invesco Xxxxxxxx |
EQ/JPMorgan Value Opportunities EQ/Large Cap Growth Index EQ/Large Cap Value Index EQ/Lord Xxxxxx Large Cap Core EQ/Low Volatility Global ETF EQ/MFS International Growth EQ/Mid Cap Index EQ/Money Market EQ/Montag & Xxxxxxxx Growth EQ/Xxxxxx Xxxxxxx Mid Cap Growth EQ/Xxxxxxxxxxx Global EQ/PIMCO Global Real Return Portfolio EQ/PIMCO Ultra Short Bond EQ/Small Company Index EQ/X. Xxxx Price Growth Stock EQ/UBS Growth and Income EQ/Xxxxx Fargo Omega Growth | |
Hybrid Portfolios*
0.15% of the average daily net assets of the Portfolios for the first $20 billion; 0.110% of the next $5 billion, and 0.100% thereafter (based on aggregate average daily net assets of the Portfolios), plus $32,500 for each Portfolio with total average net assets of less than $5 billion | ||
AXA Global Equity Managed Volatility AXA/Franklin Balanced Managed Volatility AXA/Horizon Small Cap Value AXA/Mutual Large Cap Equity Managed Volatility AXA/Franklin Small Cap Value Managed Volatility AXA /Lord Xxxxxx Micro Cap AXA/Xxxxxx Xxxxxxx Small Cap Growth AXA/Pacific Global Small Cap Value AXA/Templeton Global Equity Managed Volatility EQ/AllianceBernstein Small Cap Growth EQ/Emerging Markets Equity PLUS EQ/Equity Growth PLUS EQ/Global Bond PLUS** EQ/High Yield Bond |
AXA International Core Managed Volatility AXA International Value Managed Volatility AXA Large Cap Core Managed Volatility AXA Large Cap Growth Managed Volatility AXA Large Cap Value Managed Volatility AXA Mid Cap Value Managed Volatility EQ/Convertible Securities EQ/Natural Resources PLUS EQ/Quality Bond PLUS** EQ/Real Estate PLUS
Multimanager Aggressive Equity Multimanager Core Bond Multimanager Mid Cap Growth Multimanager Mid Cap Value Multimanager Technology |
ATM Portfolios*
0.15% of the average daily net assets of the Portfolios for the first $20 billion; 0.110% of the next $5 billion, and 0.100% thereafter (based on aggregate average daily net assets of the Portfolios), plus $32,500 for each Portfolio with total average net assets of less than $5 billion
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ATM International Managed Volatility ATM Large Cap Managed Volatility ATM Mid Cap Managed Volatility ATM Small Cap Managed Volatility |
AXA 2000 Managed Volatility AXA 400 Managed Volatility AXA 500 Managed Volatility AXA International Managed Volatility EQ/AllianceBernstein Dynamic Wealth Strategies | |
Allocation Portfolios (Funds-of-Funds)*
0.15% of the average daily net assets of each Portfolio for the first $15 billion; 0.125% of the next $5 billion, and 0.100% thereafter (per Portfolio basis), plus $32,500 per Portfolio for each Portfolio with total average net assets of less than $5 billion | ||
All Asset Moderate Growth-Alt 15 All Asset Growth-Alt 20 All Asset Aggressive-Alt 25 All Asset Aggressive-Alt 50 All Asset Aggressive-Alt 75 AXA Aggressive Strategy AXA Balanced Strategy AXA Ultra Conservative Strategy AXA Conservative Strategy AXA Conservative Growth Strategy AXA Growth Strategy AXA Moderate Growth Strategy AXA/Franklin Xxxxxxxxx Allocation Managed Volatility
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* | Assets of these Portfolios are not included in the calculation of the single-advised Portfolio asset based fee. |
** | Exchange-traded fund (ETF) allocated portion approved but not operational. |