PACIFIC FUNDS ADDENDUM TO ADVISORY AGREEMENT
Exhibit
(d)(1)(h)
The Advisory Agreement made the 13th day of June, 2001 between PACIFIC FUNDS (the “Trust”), a
Delaware statutory trust, and PACIFIC LIFE INSURANCE COMPANY (the “Adviser”), a corporation
organized under the laws of Nebraska, as amended to date (the “Agreement”) is hereby amended by the
addition of the provisions set forth in this Agreement (the “Addendum”), which is made this
1st day of May, 2006.
WITNESSETH:
WHEREAS, the Trust is authorized to issue an unlimited number of shares of beneficial interest
in separate series with each such series representing interests in a separate portfolio of
securities and other assets;
WHEREAS, the Trust currently consists of twenty one series designated as the PF Portfolio
Optimization Model A, PF Portfolio Optimization Model B, PF Portfolio Optimization Model C, PF
Portfolio Optimization Model D, PF Portfolio Optimization Model E, PF AllianceBernstein
International Value, XX Xxxxxxx Xxxxx Short Duration Bond Fund, XX Xxxxx Growth LT Fund, XX Xxxxxx
Mid-Cap Value Fund, XX Xxxxxx Xxxxxx Large-Cap Growth, PF MFS International Large-Cap Fund, PF XX
Xxxxxxxx Small Equity Fund, XX Xxxxxxxxxxx Main Street Core Fund, XX Xxxxxxxxxxx Emerging Markets
Fund, PF PIMCO Managed Bond Fund, PF PIMCO Inflation Managed Fund, PF Pacific Life Money Market
Fund, XX Xxxxxxx Brothers Large-Cap Value Fund, XX Xxx Xxxxxx Xxxxxxxx Fund, XX Xxx Xxxxxx Mid-Cap
Growth Fund, and XX Xxx Xxxxxx Real Estate Fund;
WHEREAS, the Trust intends to change the name, effective May 1, 2006, of the XX Xxxxxx
International Value Fund to the PF AllianceBernstein International Value Fund; and
WHEREAS, the Trust desires the Adviser to continue as investment adviser to the PF
AllianceBernstein International Value Fund;
NOW THEREFORE, in consideration of the mutual promises and covenants contained in this
Addendum, it is agreed between the parties hereto as follows:
1. | In addition to its responsibilities as specified in the Agreement, the Trust hereby appoints the Adviser to continue to act as investment adviser with respect to the PF AllianceBernstein International Value Fund, | ||
2. | Schedule A, governing applicable compensation under Section 9(a) of the Agreement, is hereby replaced with Schedule A attached hereto. |
IN WITNESS WHEREOF, the parties hereto have caused this Addendum to be executed by their
officers designated below on the date written above.
PACIFIC FUNDS | ||||
By: | /s/ Xxxxx X. Xxxxxx | |||
Name: | Xxxxx X. Xxxxxx | |||
Title: | President | |||
PACIFIC LIFE INSURANCE COMPANY | ||||
By: | /s/ Xxxxx X. Xxxxxx | |||
Name: | Xxxxx X. Xxxxxx | |||
Title: | Chief Operating Officer | |||
By: | /s/ Xxxxxx X. Milfs | |||
Name: | Xxxxxx X. Milfs | |||
Title: | Secretary | |||
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Schedule A
Fund | Annual Investment Advisory Fee | |
(as a percentage of average daily net assets) | ||
PF Portfolio Optimization Model A |
0.00% | |
PF Portfolio Optimization Model B |
0.00% | |
PF Portfolio Optimization Model C |
0.00% | |
PF Portfolio Optimization Model D |
0.00% | |
PF Portfolio Optimization Model E |
0.00% | |
PF AllianceBernstein International Value Fund |
0.85% | |
XX Xxxxxxx Sachs Short Duration Bond Fund |
0.60% | |
XX Xxxxx Growth LT Fund |
0.75% | |
XX Xxxxxx Mid-Cap Value Fund |
0.85% | |
XX Xxxxxx Xxxxxx Large-Cap Growth Fund
(formerly Blue Chip) |
0.95% | |
PF MFS International Large-Cap Fund |
1.05% | |
PF XX Xxxxxxxx Small Equity Fund |
1.00% | |
XX Xxxxxxxxxxx Main Street Core Fund |
0.65% | |
XX Xxxxxxxxxxx Emerging Markets Fund |
1.00% | |
PF PIMCO Managed Bond Fund |
0.60% | |
PF PIMCO Inflation Managed Fund |
0.60% | |
PF Pacific Life Money Market Fund |
0.40% of the first $250 million | |
0.35% of the next $250 million | ||
0.30% on excess | ||
XX Xxxxxxx Brothers Large-Cap Value Fund |
0.85% | |
XX Xxx Xxxxxx Xxxxxxxx Fund |
0.95% | |
XX Xxx Xxxxxx Mid-Cap Growth Fund |
0.90% | |
XX Xxx Xxxxxx Real Estate Fund |
0.90% |
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