AMENDMENT TO SUBADVISORY AGREEMENT MFC GLOBAL INVESTMENT MANAGEMENT (U.S.A.) LIMITED AMENDMENT made as of this 28th day of April, 2008 to the Subadvisory Agreement dated October 17, 2005, as amended (the “Agreement”), between John Hancock Investment...
XXXX XXXXXXX FUNDS II |
AMENDMENT TO SUBADVISORY AGREEMENT
MFC GLOBAL INVESTMENT MANAGEMENT (U.S.A.) LIMITED
AMENDMENT made as of this 28th day of April, 2008 to the Subadvisory Agreement dated October 17, 2005, as amended (the “Agreement”), between Xxxx Xxxxxxx Investment Management Services, LLC, a Delaware limited partnership (the “Adviser”), and MFC Global Investment Management (U.S.A.) Limited, a Canadian corporation (the “Subadviser”). In consideration of the mutual covenants contained herein, the parties agree as follows:
1. CHANGE IN APPENDIX A
Appendix A of the Agreement relating to compensation of the Subadviser is amended to change the compensation for the Absolute Return Portfolio (the “Portfolio”):
2. EFECTIVE DATE
This Amendment shall become effective on the later to occur of: (i) approval of the Amendment by the Board of Trustees of Xxxx Xxxxxxx Funds II and (ii) execution of the Amendment.
(THE REMAINDER OF THIS SPACE HAS BEEN INTENTIONALLY LEFT BLANK)
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed under seal by their duly authorized officers as of the date first mentioned above.
XXXX | XXXXXXX INVESTMENT MANAGEMENT | |
SERVICES, LLC | ||
By: | /s/Xxxxx X. Xxxxx | |
Name: Xxxxx X. Xxxxx | ||
Title: Executive Vice President |
MFC GLOBAL INVESTMENT MANAGEMENT | ||
(U.S.A.) LIMITED | ||
By: /s/Xxxxxx X. Xxxxxxxxx | ||
Name: | Xxxxxx X. Xxxxxxxxx | |
Title: | General Counsel, Corporate Secretary & | |
Chief Compliance Officer |
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APPENDIX A |
The Subadviser shall serve as investment subadviser for each Portfolio of the Trust listed below. The Adviser will pay the Subadviser, as full compensation for all services provided under this Agreement with respect to each Portfolio, the fee computed separately for such Portfolio at an annual rate as follows (the "Subadviser Fee"):
Excess Over | ||||||
First $500 Million | $500 Million of | |||||
of Aggregate Net | Aggregate Net | |||||
Portfolio | Assets* | Assets* | ||||
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500 Index Fund | [ ] | [ ] | ||||
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Next $250 | Excess Over | |||||
Portfolio | First $250 Million | Million | $500 Million | |||
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Absolute Return Portfolio | [ ] | [ ] | [ ] | |||
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Portfolio | All Asset Levels | |||||
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Active Bond Fund | [ ] | |||||
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Excess Over | ||||||
First $1.5 Billion | Next $6 Billion | $7.5 Billion of | ||||
of Aggregate Net | of Aggregate | Aggregate Net | ||||
Portfolio | Assets* | Net Assets* | Assets* | |||
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Lifecycle Portfolios | [ ] | [ ] | [ ] | |||
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Excess Over | ||||||
First $1.5 Billion | Next $6 Billion | $7.5 Billion of | ||||
of Aggregate Net | of Aggregate | Aggregate Net | ||||
Portfolio | Assets* | Net Assets* | Assets* | |||
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Lifestyle Portfolios | [ ] | [ ] | [ ] | |||
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Next $250 | Excess Over | |||||
First $250 Million | Million | $500 Million of | ||||
of Aggregate Net | of Aggregate | Aggregate Net | ||||
Portfolio | Assets* | Net Assets* | Assets* | |||
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Mid Cap Index Fund | [ ] | [ ] | [ ] | |||
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Excess Over | ||||||
First $500 Million | $500 Million of | |||||
of Aggregate Net | Aggregate Net | |||||
Portfolio | Assets* | Assets* | ||||
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Money Market Fund | [ ] | [ ] | ||||
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Excess Over | ||||||||
First $2.5 Billion | $2.5 Billion of | |||||||
of Aggregate Net | Aggregate Net | |||||||
Portfolio | Assets* | Assets* | ||||||
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Optimized All Cap Fund | [ ] | [ ] | ||||||
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Next $500 | Excess Over | |||||||
First $500 Million | Million | $1 Billion of | ||||||
of Aggregate Net | of Aggregate | Aggregate Net | ||||||
Portfolio | Assets* | Net Assets* | Assets* | |||||
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Optimized Value Fund | [ ] | [ ] | [ ] | |||||
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Excess Over | ||||||||
First $500 Million | $500 Million of | |||||||
of Aggregate Net | Aggregate Net | |||||||
Portfolio | Assets* | Assets* | ||||||
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Pacific Rim Fund | [ ] | [ ] | ||||||
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Next $250 | Excess Over | |||||||
First $250 Million | Million | $500 Million of | ||||||
of Aggregate Net | of Aggregate | Aggregate Net | ||||||
Portfolio | Assets* | Net Assets* | Assets* | |||||
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Retirement | Distribution | [ ] | [ ] | [ ] | ||||
Portfolio | ||||||||
Retirement Rising Distribution | ||||||||
Portfolio | ||||||||
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Next $250 | Excess Over | |||||||
First $250 Million | Million | $500 Million of | ||||||
of Aggregate Net | of Aggregate | Aggregate Net | ||||||
Portfolio | Assets* | Net Assets* | Assets* | |||||
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Small Cap Index Fund | [ ] | [ ] | [ ] | |||||
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Next $250 | Excess Over | |||||||
First $250 Million | Million | $500 Million of | ||||||
of Aggregate Net | of Aggregate | Aggregate Net | ||||||
Portfolio | Assets* | Net Assets* | Assets* | |||||
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Total Stock Market Index Fund | [ ] | [ ] | [ ] | |||||
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*The term Aggregate Net Assets includes the net assets of a Portfolio of the Trust. It also includes with respect to each Portfolio the net assets of one or more other portfolios as indicated below, but in each case only for the period during which the Subadviser for the Portfolio also serves as the subadviser for the other portfolio(s). For purposes of determining Aggregate Net Assets and calculating the Subadviser Fee, the net assets of the Portfolio and each other portfolio of the Trust are determined as of the close of business on the previous business day of the Trust,
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and the net assets of each portfolio of each other fund are determined as of the close of business on the previous business day of that fund.
Trust Portfolio(s) 500 Index Fund |
Other Portfolio(s) Index 500 Fund, a series of Xxxx Xxxxxxx Funds II | |
Absolute Return Fund |
Absolute Return Fund, a series of Xxxx Xxxxxxx Funds II | |
Active Bond Fund Lifecycle Portfolios |
N/A Lifecycle 2010 Portfolio, Lifecycle 2015 Portfolio, Lifecycle 2020 Portfolio, Lifecycle 2025 Portfolio, Lifecycle 2030 Portfolio, Lifecycle 2035 Portfolio, Lifecycle 2040 Portfolio, Lifecycle 2045 Portfolio, Lifecycle 2050 Portfolio, Lifecycle Retirement Portfolio, collectively referred to as the Lifecycle Trusts, each a series of Xxxx Xxxxxxx Funds II | |
Lifestyle Portfolios |
Lifestyle Aggressive Fund, Lifestyle Balanced Fund, Lifestyle Conservative Fund, Lifestyle Growth Fund, Lifestyle Moderate Fund, collectively referred to as the Lifestyle Funds, each a series of Xxxx Xxxxxxx Funds II | |
Mid Cap Index Fund |
Mid Cap Index, a series of Xxxx Xxxxxxx Funds II | |
Money Market Fund |
Money Market Fund, a series of Xxxx Xxxxxxx Funds II | |
Pacific Rim Fund |
Pacific Rim Fund, a series of Xxxx Xxxxxxx Funds II | |
Optimized All Cap Fund |
Optimized All Cap Fund, a series of Xxxx Xxxxxxx Funds II | |
Optimized Value Fund |
Optimized Value Fund, a series of Xxxx Xxxxxxx Funds II | |
Retirement Distribution Portfolio |
Retirement Rising Distribution Portfolio | |
Retirement Rising Distribution Portfolio Small Cap Index Fund |
Retirement Distribution Portfolio Small Cap Index Fund, a series of Xxxx Xxxxxxx Funds II |
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Total Stock Market Index Fund |
Total Stock Market Index Fund, a series of Xxxx Xxxxxxx Funds II |
The Subadviser Fee for a Portfolio shall be based on the applicable annual fee rate for the Portfolio which for each day shall be equal to the quotient of (i) the sum of the amounts determined by applying the annual percentage rates in the table to the applicable portions of Aggregate Net Assets divided by (ii) Aggregate Net Assets (the “Applicable Annual Fee Rate”). The Subadviser Fee for each Portfolio shall be accrued for each calendar day, and the sum of the daily fee accruals shall be paid monthly to the Subadviser within 30 calendar days of the end of each month. The daily fee accruals will be computed by multiplying the fraction of one over the number of calendar days in the year by the Applicable Annual Fee Rate, and multiplying this product by the net assets of the Portfolio. The Adviser shall provide Subadviser with such information as Subadviser may reasonably request supporting the calculation of the fees paid to it hereunder. Fees shall be paid either by wire transfer or check, as directed by Subadviser.
If, with respect to any Portfolio, this Agreement becomes effective or terminates, or if the manner of determining the Applicable Annual Fee Rate changes, before the end of any month, the fee (if any) for the period from the effective date to the end of such month or from the beginning of such month to the date of termination or from the beginning of such month to the date such change, as the case may be, shall be prorated according to the proportion which such period bears to the full month in which such effectiveness or termination or change occurs.
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