Exhibit No. EX-99.13(b)(3)
AMENDED EXHIBIT A
Transfer and Dividend Disbursing Agent Agreement
(Effective ______, 2003)
GARTMORE VARIABLE INSURANCE TRUST
Fees
The Trust shall pay fees to the Agent and Gartmore SA Capital Trust (formerly
Villanova SA Capital Trust) (the "Administrator"), as set forth in the schedule
directly below, for the provision of transfer and dividend disbursement agency
services covered by this Agreement and for fund administration and fund
accounting services. (Fund administration and fund accounting services are
provided to the Trust by the Administrator and are described in the Fund
Administration Agreement between the Trust and the Administrator. Reference is
also made to Exhibit A of the Fund Administration Agreement, effective [ ],
2003.) Fees will be computed daily and payable monthly at an annual rate based
on the aggregate amount of the Trust's average daily net assets. The Trust will
also be responsible for out-of-pocket expenses reasonably incurred by the Agent
and the Administrator in providing services to the Trust. All fees and expenses
shall be paid by the Trust to the Administrator on behalf of the Administrator
and the Agent.
Aggregate* Fee as a
Trust Asset Level# Percentage of Net Assets
----------------------------- ------------------------
Up to $1 billion 0.13%
$1 billion up to $3 billion 0.08%
$3 billion up to $8 billion 0.05%
$8 billion up to $10 billion 0.04%
$10 billion up to $12 billion 0.02%
$12 billion or more 0.01%
* Includes fund administration and transfer agency services.
# The assets of each of the GVIT Investor Destinations Funds (listed below)
are excluded from the Trust asset level amount in order to calculate this
asset based fee. The GVIT Investor Destinations Funds do not pay any part
of this fee.
Funds of the Trust
Gartmore GVIT Total Return Fund (to be renamed Gartmore GVIT Nationwide Fund
effective April 28, 2003)
Gartmore GVIT Growth Fund (formerly Capital Appreciation Fund)
Gartmore GVIT Government Bond Fund (formerly Government Bond Fund)
Gartmore GVIT Money Market Fund (formerly Money Market Fund)
Gartmore GVIT Money Market Fund II (formerly Gartmore GVIT Money Market Fund II)
X.X. Xxxxxx GVIT Balanced Fund (formerly Nationwide Balanced Fund and X.X.
Xxxxxx NSAT Balanced Fund)
Xxxxxxxx GVIT Value Fund (formerly Nationwide Equity Income Fund, Federated NSAT
Equity Income Fund and Federated GVIT Equity Income Fund)
Gartmore GVIT Worldwide Leaders Fund (formerly Nationwide Global Equity Fund and
Nationwide Global 50 Fund)
Federated GVIT High Income Bond Fund (formerly Nationwide High Income Bond Fund,
and Federated NSAT High Income Bond Fund)
MAS GVIT Multi Sector Bond Fund (formerly Nationwide Multi Sector Bond Fund and
MAS NSAT Multi Sector Bond Fund) (to be renamed Xxx Xxxxxx GVIT Multi Sector
Bond Fund effective April 28, 2003)
GVIT Small Cap Value Fund (formerly Nationwide GVIT Small Cap Value Fund)
Dreyfus GVIT Mid Cap Index Fund (formerly Nationwide Mid Cap Index Fund and
Dreyfus NSAT Mid Cap Index Fund)
GVIT Small Cap Growth Fund (formerly Nationwide Select Advisers Small Cap Growth
Fund and Nationwide Cap Small Growth Fund)
Nationwide GVIT Strategic Value Fund (formerly Nationwide Strategic Value Fund)
Strong GVIT Mid Cap Growth Fund (formerly Nationwide Strategic Growth Fund and
Strong NSAT Mid Cap Growth Fund) (to be renamed Gartmore GVIT Mid Cap Growth
Fund upon completion of the reorganization)
GVIT Small Company Fund (formerly Nationwide Small Company Fund)*
Xxxxxx GVIT Growth Focus Fund (formerly Nationwide Growth Focus Fund II and
Xxxxxx NSAT Growth Focus Fund)
Gartmore GVIT Global Technology and Communications Fund (formerly Nationwide
Global Technology and Communications Fund II and Gartmore GVIT Global
Technology and Communications Fund)
Gartmore GVIT Global Health Sciences Fund (formerly Gartmore NSAT Global Health
Sciences Fund)
Gartmore GVIT Emerging Markets Fund (formerly Gartmore NSAT Emerging Markets
Fund)
Gartmore GVIT International Growth Fund (formerly Gartmore NSAT International
Growth Fund)
Gartmore GVIT Global Leaders Fund (formerly Gartmore NSAT Global Leaders Fund)
Gartmore GVIT European Leaders Fund (formerly Gartmore NSAT European Growth
Fund)
Gartmore GVIT Global Small Companies Fund (formerly Gartmore NSAT Global Small
Companies Fund)
Gartmore GVIT OTC Fund (formerly Gartmore NSAT OTC Fund)
Gartmore GVIT Asia Pacific Leaders Fund
Gartmore GVIT U.S. Growth Leaders Fund (formerly Gartmore GVIT U.S.
Leaders Fund)
Gartmore GVIT Global Financial Services Fund
Gartmore GVIT Global Utilities Fund
Gartmore GVIT Investor Destinations Aggressive Fund
(formerly NSAT Investor Destinations Aggressive Fund)
Gartmore GVIT Investor Destinations Moderately Aggressive Fund
(formerly NSAT Investor Destinations Moderately Aggressive Fund)
Gartmore GVIT Investor Destinations Moderate Fund
(formerly NSAT Investor Destinations Moderate Fund)
Gartmore GVIT Investor Destinations Moderately Conservative Fund
(formerly NSAT Investor Destinations Moderately Conservative Fund)
Gartmore GVIT Investor Destinations Conservative Fund
(formerly NSAT Investor Destinations Conservative Fund)
Gartmore GVIT Nationwide Leaders Fund (Gartmore GVIT U.S. Leaders Fund)
Gartmore GVIT Micro Cap Equity Fund
Dreyfus GVIT International Value Fund
GVIT Equity 500 Index Fund
Gartmore GVIT Developing Markets Fund
Gartmore GVIT Nationwide Principal Protected Fund
----------
* This Fund's maximum aggregate fee is as follows:
Fund Asset Level Fee as a Percentage of Net Assets
---------------- ---------------------------------
Up to $250 million 0.08%
$250 million up to $1 billion 0.06%
$1 billion or more 0.05%
AGREED TO AND ACCEPTED BY:
GARTMORE VARIABLE INSURANCE TRUST
By:
----------------------------------
Name:
Title:
GARTMORE INVESTORS SERVICES, INC.
By:
----------------------------------
Name:
Title:
