AMENDMENT NO. 4 TO THE AMENDED AND RESTATED INVESTMENT ADVISORY AGREEMENT
Exhibit (d)(1)(iv)
AMENDMENT NO. 4
TO THE
AMENDED AND RESTATED
AMENDMENT NO. 4 dated as of July 22, 2021 (“Amendment No. 4”), to the Amended and Restated Investment Advisory Agreement dated July 16, 2020 (“Agreement”) between EQ Advisors Trust, a Delaware statutory trust (the “Trust”) and Equitable Investment Management Group, LLC, a limited liability company organized in the State of Delaware (“EIM” or “Adviser”).
WHEREAS, the Trust and EIM desire to update Appendix A and Appendix B to the Agreement.
| 1. | New Portfolio. Effective July 30, 2021 the EQ/Long-Term Bond Portfolio is hereby added to the Agreement on the terms and conditions contained in the Agreement. |
| 2. | Duration of Agreement for the New Portfolio. |
| a. | With respect to the New Portfolio, the Agreement will continue in effect for two years after the applicable date specified in section 1 above and may be continued thereafter pursuant to subsection (b) below. |
| b. | With respect to the New Portfolio, the Agreement shall continue in effect annually after the applicable date specified in section 1 above only so long as such continuance is specifically approved at least annually by a majority of the Trustees who are not a party to the Agreement or interested persons (as defined in the Investment Company Act of 1940, as amended (“1940 Act”) (“Independent Trustees”), by a vote cast in person at a meeting called for the purpose of voting on such approval, and by either the Board of Trustees or a vote of a majority of the outstanding shares of the New Portfolios. The required shareholder approval of the Agreement or of any continuance of the Agreement shall be effective with respect to the New Portfolio if a majority of the outstanding voting securities of the series (as defined in Rule 18f-2(h) under the 0000 Xxx) vote to approve the Agreement or its continuance, notwithstanding that the Agreement or its continuance may not have been approved by majority of the outstanding voting securities of (a) any other Portfolio affected by the Agreement, or (b) all the Portfolios of the Trust. |
| 3. | Removed Portfolios. Effective June 18, 2021, all references to the 1290 VT Energy Portfolio, EQ/Franklin Balanced Managed Volatility Portfolio and EQ/Global Bond PLUS Portfolio are hereby removed from the Agreement. |
| 4. | Appendix A. Appendix A to the Agreement, which sets forth the Portfolios of the Trust for which EIM is appointed investment adviser, is hereby replaced in its entirety by Appendix A attached hereto. |
1
| 5. | Appendix B. Appendix B to the Agreement, which sets forth the fees payable to EIM with respect to each Portfolio, is hereby replaced in its entirety by Appendix B 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. 4 as of the date first above set forth.
| EQ ADVISORS TRUST | EQUITABLE INVESTMENT MANAGEMENT GROUP, LLC | |||||||
| By: | /s/ Xxxxx Xxxxx | By: | /s/ Xxxxxxx Xxxxxxxxx | |||||
|
Xxxxx Xxxxx |
Xxxxxxx Xxxxxxxxx | |||||||
| Chief Financial Officer and Treasurer | Director, Executive Vice President and Chief Investment Officer | |||||||
2
APPENDIX A
AMENDMENT NO. 4
AMENDED AND RESTATED
Portfolios
1290 VT Convertible Securities Portfolio
1290 VT DoubleLine Dynamic Allocation Portfolio
1290 VT DoubleLine Opportunistic Bond Portfolio
1290 VT Equity Income Portfolio
1290 VT GAMCO Mergers & Acquisitions Portfolio
1290 VT GAMCO Small Company Value Portfolio
1290 VT High Yield Bond Portfolio
1290 VT Low Volatility Global Equity Portfolio
1290 VT Micro Cap Portfolio
1290 VT Moderate Growth Allocation Portfolio
1290 VT Multi-Alternative Strategies Portfolio
1290 VT Natural Resources Portfolio
1290 VT Real Estate Portfolio
1290 VT Small Cap Value Portfolio
1290 VT SmartBeta Equity Portfolio
1290 VT Socially Responsible Portfolio
ATM International Managed Volatility Portfolio
ATM Large Cap Managed Volatility Portfolio
ATM Mid Cap Managed Volatility Portfolio
ATM Small Cap Managed Volatility Portfolio
EQ/2000 Managed Volatility Portfolio
EQ/400 Managed Volatility Portfolio
EQ/500 Managed Volatility Portfolio
EQ/AB Dynamic Aggressive Growth Portfolio
EQ/AB Dynamic Growth Portfolio
EQ/AB Dynamic Moderate Growth Portfolio
EQ/AB Short Duration Government Bond Portfolio
EQ/AB Small Cap Growth Portfolio
EQ/Aggressive Growth Strategy Portfolio
EQ/All Asset Growth Allocation Portfolio
EQ/American Century Mid Cap Value Portfolio
EQ/American Century Moderate Growth Allocation Portfolio
EQ/AXA Investment Managers Moderate Allocation Portfolio
EQ/Balanced Strategy Portfolio
EQ/Capital Group Research Portfolio
EQ/ClearBridge Large Cap Growth Portfolio
EQ/ClearBridge Select Equity Managed Volatility Portfolio
EQ/Common Stock Index Portfolio
EQ/Conservative Growth Strategy Portfolio
EQ/Conservative Strategy Portfolio
EQ/Core Bond Index Portfolio
EQ/Emerging Markets Equity PLUS Portfolio
EQ/Equity 500 Index Portfolio
EQ/Fidelity Institutional AM®Large Cap Portfolio
EQ/First Trust Moderate Growth Allocation Portfolio
EQ/Franklin Growth Allocation Portfolio
EQ/Franklin Moderate Allocation Portfolio
EQ/Franklin Rising Dividends Portfolio
EQ/Franklin Small Cap Value Managed Volatility Portfolio
EQ/Franklin Strategic Income Portfolio
EQ/Global Equity Managed Volatility Portfolio
EQ/Xxxxxxx Xxxxx Growth Allocation Portfolio
EQ/Xxxxxxx Sachs Mid Cap Value Portfolio
EQ/Xxxxxxx Xxxxx Moderate Growth Allocation Portfolio
EQ/Growth Strategy Portfolio
EQ/Intermediate Government Bond Portfolio
EQ/International Core Managed Volatility Portfolio
EQ/International Equity Index Portfolio
EQ/International Managed Volatility Portfolio
EQ/International Value Managed Volatility Portfolio
EQ/Invesco Xxxxxxxx Portfolio
EQ/Invesco Global Portfolio
EQ/Invesco Global Real Assets Portfolio
EQ/Invesco International Growth Portfolio
EQ/Invesco Moderate Allocation Portfolio
EQ/Invesco Moderate Growth Allocation Portfolio
EQ/Janus Enterprise Portfolio
EQ/JPMorgan Growth Allocation Portfolio
EQ/JPMorgan Value Opportunities Portfolio
3
EQ/Large Cap Core Managed Volatility Portfolio
EQ/Large Cap Growth Index Portfolio
EQ/Large Cap Growth Managed Volatility Portfolio
EQ/Large Cap Value Index Portfolio
EQ/Large Cap Value Managed Volatility Portfolio
EQ/Lazard Emerging Markets Equity Portfolio
EQ/Long-Term Bond Portfolio
EQ/Xxxxxx Xxxxxx Growth Portfolio
EQ/MFS International Growth Portfolio
EQ/MFS International Intrinsic Value Portfolio
EQ/MFS Mid Cap Focused Growth Portfolio
EQ/MFS Technology Portfolio
EQ/MFS Utilities Series Portfolio
EQ/Mid Cap Index Portfolio
EQ/Mid Cap Value Managed Volatility Portfolio
EQ/Moderate Growth Strategy Portfolio
EQ/Money Market Portfolio
EQ/Xxxxxx Xxxxxxx Small Cap Growth Portfolio
EQ/PIMCO Global Real Return Portfolio
EQ/PIMCO Real Return Portfolio
EQ/PIMCO Total Return Portfolio
EQ/PIMCO Ultra Short Bond Portfolio
EQ/Quality Bond PLUS Portfolio
EQ/Small Company Index Portfolio
EQ/X. Xxxx Price Growth Stock Portfolio
EQ/X. Xxxx Price Health Sciences Portfolio
EQ/Ultra Conservative Strategy Portfolio
EQ/Value Equity Portfolio
EQ/Wellington Energy Portfolio
Multimanager Aggressive Equity Portfolio
Multimanager Core Bond Portfolio
Multimanager Technology Portfolio
4
APPENDIX B
AMENDMENT NO. 4
AMENDED AND RESTATED
The Trust shall pay the Adviser, at the end of each calendar month, compensation computed daily at an annual rate equal to the following:
| (as a percentage of average daily net assets) | ||||||
| Index Portfolios |
First $2 Billion |
Next $4 Billion |
Thereafter | |||
| 1290 VT Convertible Securities |
0.500% | 0.450% | 0.425% | |||
| 1290 VT Natural Resources |
0.500% | 0.450% | 0.425% | |||
| 1290 VT Real Estate |
0.500% | 0.450% | 0.425% | |||
| 1290 VT Socially Responsible |
0.500% | 0.450% | 0.425% | |||
| EQ/Common Stock Index |
0.350% | 0.300% | 0.275% | |||
| EQ/Core Bond Index |
0.350% | 0.300% | 0.275% | |||
| EQ/Equity 500 Index |
0.250% | 0.200% | 0.175% | |||
| EQ/Intermediate Government Bond |
0.350% | 0.300% | 0.275% | |||
| EQ/International Equity Index |
0.400% | 0.350% | 0.325% | |||
| EQ/Large Cap Growth Index |
0.350% | 0.300% | 0.275% | |||
| EQ/Large Cap Value Index |
0.350% | 0.300% | 0.275% | |||
| EQ/Long-Term Bond |
0.350% | 0.300% | 0.275% | |||
| EQ/Mid Cap Index |
0.350% | 0.300% | 0.275% | |||
| EQ/Small Company Index |
0.250% | 0.200% | 0.175% | |||
| (as a percentage of average daily net assets) | ||||||
| ETF Portfolios |
First $2 Billion |
Next $4 Billion |
Thereafter | |||
| 1290 VT Low Volatility Global Equity |
0.500% | 0.450% | 0.425% | |||
| 1290 VT Multi-Alternative Strategies |
0.500% | 0.450% | 0.425% | |||
| (as a percentage of average daily net assets) | |||||||||||||||||||||||||
| Money Market Portfolio |
First $750 Million |
Next $750 Million |
Next $1 Billion |
Next $2.5 Billion |
Thereafter | ||||||||||||||||||||
| EQ/Money Market |
0.350 | % | 0.325 | % | 0.280 | % | 0.270 | % | 0.250 | % | |||||||||||||||
| (as a percentage of average daily net assets) | ||||||||||
| Equity Portfolios |
First $750 Million |
Next $750 Million |
Next $1 Billion |
Next $2.5 Billion |
Thereafter | |||||
| 1290 VT Equity Income |
0.750% | 0.700% | 0.675% | 0.650% | 0.625% | |||||
| 1290 VT GAMCO Mergers & Acquisitions |
0.900% | 0.850% | 0.825% | 0.800% | 0.775% | |||||
| 1290 VT GAMCO Small Company Value |
0.750% | 0.700% | 0.675% | 0.650% | 0.625% | |||||
| 1290 VT SmartBeta Equity |
0.700% | 0.650% | 0.625% | 0.600% | 0.575% | |||||
| EQ/American Century Mid Cap Value |
0.900% | 0.850% | 0.825% | 0.800% | 0.775% | |||||
| EQ/Capital Group Research |
0.650% | 0.600% | 0.575% | 0.550% | 0.525% | |||||
| EQ/ClearBridge Large Cap Growth |
0.650% | 0.600% | 0.575% | 0.550% | 0.525% | |||||
| (as a percentage of average daily net assets) | ||||||||||
| Equity Portfolios |
First $750 Million |
Next $750 Million |
Next $1 Billion |
Next $2.5 Billion |
Thereafter | |||||
| EQ/Fidelity Institutional AM® Large Cap |
0.540% | 0.500% | 0.475% | 0.450% | 0.425% | |||||
| EQ/Franklin Rising Dividends |
0.600% | 0.550% | 0.510% | 0.490% | 0.475% | |||||
| EQ/Xxxxxxx Xxxxx Mid Cap Value |
0.770% | 0.750% | 0.725% | 0.680% | 0.670% | |||||
| EQ/Invesco Xxxxxxxx |
0.650% | 0.600% | 0.575% | 0.550% | 0.525% | |||||
| EQ/Invesco Global Real Assets |
0.735% | 0.700% | 0.675% | 0.650% | 0.625% | |||||
| EQ/Invesco International Growth |
0.710% | 0.700% | 0.675% | 0.650% | 0.625% | |||||
| EQ/Janus Enterprise |
0.700% | 0.650% | 0.625% | 0.600% | 0.575% | |||||
| EQ/JPMorgan Value Opportunities |
0.600% | 0.550% | 0.525% | 0.500% | 0.475% | |||||
| EQ/Invesco Global |
0.850% | 0.800% | 0.775% | 0.750% | 0.725% | |||||
| EQ/Lazard Emerging Markets Equity |
1.000% | 0.950% | 0.925% | 0.900% | 0.875% | |||||
| EQ/Xxxxxx Xxxxxx Growth Portfolio |
0.750% | 0.700% | 0.675% | 0.650% | 0.625% | |||||
| EQ/MFS International Growth |
0.850% | 0.800% | 0.775% | 0.750% | 0.725% | |||||
| EQ/MFS International Intrinsic Value |
0.860% | 0.820% | 0.700% | 0.700% | 0.700% | |||||
| EQ/MFS Mid Cap Focused Growth |
0.850% | 0.800% | 0.775% | 0.750% | 0.725% | |||||
| EQ/MFS Technology |
0.750% | 0.700% | 0.675% | 0.650% | 0.625% | |||||
| EQ/MFS Utilities Series |
0.730% | 0.700% | 0.670% | 0.650% | 0.625% | |||||
| EQ/X. Xxxx Price Growth Stock |
0.750% | 0.700% | 0.675% | 0.650% | 0.625% | |||||
| EQ/X. Xxxx Price Health Sciences |
0.950% | 0.900% | 0.875% | 0.850% | 0.825% | |||||
| EQ/Value Equity |
0.560% | 0.540% | 0.520% | 0.500% | 0.475% | |||||
| EQ/Wellington Energy |
0.850% | 0.800% | 0.775% | 0.750% | 0.725% | |||||
| (as a percentage of average daily net assets) | ||||||||||
| Allocation Portfolios |
First $750 Million |
Next $750 Million |
Next $1 Billion |
Next $2.5 Billion |
Thereafter | |||||
| 1290 VT DoubleLine Dynamic Allocation |
0.750% | 0.700% | 0.675% | 0.650% | 0.625% | |||||
| 1290 VT Moderate Growth Allocation |
0.700% | 0.650% | 0.625% | 0.600% | 0.575% | |||||
| EQ/AB Dynamic Aggressive Growth |
0.750% | 0.700% | 0.675% | 0.650% | 0.625% | |||||
| EQ/AB Dynamic Growth |
0.750% | 0.700% | 0.675% | 0.650% | 0.625% | |||||
| EQ/AB Dynamic Moderate Growth |
0.750% | 0.700% | 0.675% | 0.650% | 0.625% | |||||
| EQ/American Century Moderate Growth Allocation |
0.800% | 0.750% | 0.725% | 0.700% | 0.675% | |||||
| EQ/AXA Investment Managers Moderate Allocation |
0.800% | 0.750% | 0.725% | 0.700% | 0.675% | |||||
| EQ/First Trust Moderate Growth Allocation |
0.800% | 0.750% | 0.725% | 0.700% | 0.675% | |||||
| EQ/Franklin Growth Allocation |
0.800% | 0.750% | 0.725% | 0.700% | 0.675% | |||||
| EQ/Franklin Moderate Allocation |
0.800% | 0.750% | 0.725% | 0.700% | 0.675% | |||||
| EQ/Xxxxxxx Xxxxx Growth Allocation |
0.800% | 0.750% | 0.725% | 0.700% | 0.675% | |||||
| EQ/Xxxxxxx Sachs Moderate Growth Allocation |
0.800% | 0.750% | 0.725% | 0.700% | 0.675% | |||||
| EQ/Invesco Moderate Allocation |
0.800% | 0.750% | 0.725% | 0.700% | 0.675% | |||||
| EQ/Invesco Moderate Growth Allocation |
0.800% | 0.750% | 0.725% | 0.700% | 0.675% | |||||
| EQ/JPMorgan Growth Allocation |
0.800% | 0.750% | 0.725% | 0.700% | 0.675% | |||||
| (as a percentage of average daily net assets) | ||||||||||
| Pactive Equity Portfolios |
First $750 Million |
Next $750 Million |
Next $1 Billion |
Next $2.5 Billion |
Thereafter | |||||
| 1290 VT Micro Cap |
0.850% | 0.800% | 0.775% | 0.750% | 0.725% | |||||
| 1290 VT Small Cap Value |
0.800% | 0.750% | 0.725% | 0.700% | 0.675% | |||||
| EQ/AB Small Cap Growth |
0.550% | 0.500% | 0.475% | 0.450% | 0.425% | |||||
| EQ/Emerging Markets Equity PLUS |
0.700% | 0.650% | 0.625% | 0.600% | 0.575% | |||||
| EQ/Xxxxxx Xxxxxxx Small Cap Growth |
0.800% | 0.750% | 0.725% | 0.700% | 0.675% | |||||
| Multimanager Aggressive Equity |
0.580% | 0.550% | 0.525% | 0.500% | 0.475% | |||||
| Multimanager Technology |
0.950% | 0.900% | 0.875% | 0.850% | 0.825% | |||||
| (as a percentage of average daily net assets) | ||||||||||
| Pactive Volatility Managed Equity Portfolios |
First $750 Million |
Next $750 Million |
Next $1 Billion |
Next $2.5 Billion |
Thereafter | |||||
| EQ/ClearBridge Select Equity Managed Volatility |
0.700% | 0.665% | 0.635% | 0.610% | 0.560% | |||||
| EQ/Franklin Small Cap Value Managed Volatility |
0.700% | 0.665% | 0.635% | 0.610% | 0.560% | |||||
| EQ/Global Equity Managed Volatility |
0.740% | 0.720% | 0.690% | 0.665% | 0.615% | |||||
| EQ/International Core Managed Volatility |
0.600% | 0.575% | 0.550% | 0.525% | 0.475% | |||||
| EQ/International Value Managed Volatility |
0.600% | 0.575% | 0.550% | 0.525% | 0.475% | |||||
| EQ/Large Cap Core Managed Volatility |
0.500% | 0.475% | 0.450% | 0.425% | 0.375% | |||||
| EQ/Large Cap Growth Managed Volatility |
0.500% | 0.475% | 0.450% | 0.425% | 0.375% | |||||
| EQ/Large Cap Value Managed Volatility |
0.500% | 0.475% | 0.450% | 0.425% | 0.375% | |||||
| EQ/Mid Cap Value Managed Volatility |
0.550% | 0.525% | 0.500% | 0.475% | 0.425% | |||||
| (as a percentage of average daily net assets) | ||||||||||
| Pactive Fixed Income Portfolios |
First $750 Million |
Next $750 Million |
Next $1 Billion |
Next $2.5 Billion |
Thereafter | |||||
| 1290 VT High Yield |
0.600% | 0.580% | 0.560% | 0.540% | 0.530% | |||||
| EQ/Quality Bond PLUS |
0.400% | 0.380% | 0.360% | 0.340% | 0.330% | |||||
| Multimanager Core Bond |
0.550% | 0.530% | 0.510% | 0.490% | 0.480% | |||||
| (as a percentage of average daily net assets) | ||||||||||
| Fixed Income Portfolios |
First $750 Million |
Next $750 Million |
Next $1 Billion |
Next $2.5 Billion |
Thereafter | |||||
| 1290 VT DoubleLine Opportunistic Bond |
0.600% | 0.575% | 0.550% | 0.530% | 0.520% | |||||
| EQ/AB Short Duration Government Bond |
0.450% | 0.430% | 0.410% | 0.390% | 0.380% | |||||
| EQ/Franklin Strategic Income |
0.590% | 0.490% | 0.440% | 0.430% | 0.370% | |||||
| EQ/PIMCO Global Real Return |
0.600% | 0.575% | 0.550% | 0.530% | 0.520% | |||||
| EQ/PIMCO Real Return |
0.500% | 0.475% | 0.450% | 0.430% | 0.420% | |||||
| EQ/PIMCO Total Return |
0.500% | 0.475% | 0.450% | 0.430% | 0.420% | |||||
| EQ/PIMCO Ultra Short Bond |
0.500% | 0.475% | 0.450% | 0.430% | 0.420% | |||||
| (as a percentage of average daily net assets) |
||||||||||||||||||||
| First $2 Billion |
Next $2 Billion |
Next $2 Billion |
Next $3 Billion |
Thereafter | ||||||||||||||||
| ATM Portfolios |
||||||||||||||||||||
| ATM International Managed Volatility |
0.450 | % | 0.425 | % | 0.400 | % | 0.375 | % | 0.350 | % | ||||||||||
| ATM Large Cap Managed Volatility |
0.450 | % | 0.425 | % | 0.400 | % | 0.375 | % | 0.350 | % | ||||||||||
| ATM Mid Cap Managed Volatility |
0.450 | % | 0.425 | % | 0.400 | % | 0.375 | % | 0.350 | % | ||||||||||
| ATM Small Cap Managed Volatility |
0.450 | % | 0.425 | % | 0.400 | % | 0.375 | % | 0.350 | % | ||||||||||
| EQ/2000 Managed Volatility |
0.450 | % | 0.425 | % | 0.400 | % | 0.375 | % | 0.350 | % | ||||||||||
| EQ/400 Managed Volatility |
0.450 | % | 0.425 | % | 0.400 | % | 0.375 | % | 0.350 | % | ||||||||||
| EQ/500 Managed Volatility |
0.450 | % | 0.425 | % | 0.400 | % | 0.375 | % | 0.350 | % | ||||||||||
| EQ/International Managed Volatility |
0.450 | % | 0.425 | % | 0.400 | % | 0.375 | % | 0.350 | % | ||||||||||
| (as a percentage of average daily net assets) |
||||||||||||||||||||
| Strategic Allocation Portfolios |
First $2 Billion |
Next $2Billion |
Next $2 Billion |
Next $3 Billion |
Thereafter | |||||||||||||||
| EQ/Aggressive Growth Strategy |
0.1000 | % | 0.0925 | % | 0.0900 | % | 0.0875 | % | 0.0850 | % | ||||||||||
| EQ/Balanced Strategy |
0.1000 | % | 0.0925 | % | 0.0900 | % | 0.0875 | % | 0.0850 | % | ||||||||||
| EQ/Conservative Growth Strategy |
0.1000 | % | 0.0925 | % | 0.0900 | % | 0.0875 | % | 0.0850 | % | ||||||||||
| EQ/Conservative Strategy |
0.1000 | % | 0.0925 | % | 0.0900 | % | 0.0875 | % | 0.0850 | % | ||||||||||
| EQ/Growth Strategy |
0.1000 | % | 0.0925 | % | 0.0900 | % | 0.0875 | % | 0.0850 | % | ||||||||||
| EQ/Moderate Growth Strategy |
0.1000 | % | 0.0925 | % | 0.0900 | % | 0.0875 | % | 0.0850 | % | ||||||||||
| EQ/Ultra Conservative Strategy |
0.1000 | % | 0.0925 | % | 0.0900 | % | 0.0875 | % | 0.0850 | % | ||||||||||
| (as a percentage of average daily net assets) |
||||||||||||||||||||
| EQ/All Asset Growth Allocation |
0.100 | % | ||||||||||||||||||
