AMENDMENT TO THE EXPENSE LIMITATION AGREEMENT INDEXIQ ACTIVE ETF TRUST
Exhibit (h)(5)(a)
AMENDMENT TO THE EXPENSE LIMITATION AGREEMENT
THIS AMENDMENT TO THE EXPENSE LIMITATION AGREEMENT, is hereby made as of August 30, 2021, between IndexIQ Active ETF Trust, a Delaware statutory trust (the “Trust”), on behalf of its series set forth on Schedule A (each a “Fund” and collectively, “Funds”), and IndexIQ Advisors LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust and the Manager are parties to the Expense Limitation Agreement dated August 31, 2018 (the “Agreement”); and
WHEREAS, the Trust and the Manager wish to amend Schedule A of the Agreement;
NOW, THEREFORE, the Trust and the Manager hereby agree as follows:
| 1. | Schedule A is hereby amended by deleting it in its entirety and replacing it with the Schedule attached hereto. |
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized and their respective corporate seals to be hereunto affixed, as of the day and year first above written.
|
ON BEHALF OF THE FUNDS | ||
| /s/ Xxxxxxxx Xxxxxxxxx | ||
| By: | Xxxxxxxx Xxxxxxxxx | |
| Title: | Executive Vice President | |
| IndexIQ Advisors LLC | ||
| /s/ Xxxx X. Xxxxxxx | ||
| By: | Xxxx X. Xxxxxxx | |
| Title: | Chief Executive Officer | |
SCHEDULE A
Funds and Operating Expense Limits
| Fund | Operating Expense Limit | Limit Expiration | ||
| IQ MacKay Municipal Insured ETF | 0.30% | August 31, 2022 | ||
| IQ MacKay Municipal Intermediate ETF | 0.30% | August 31, 2022 | ||
| IQ MacKay Municipal Short Duration ETF | 0.30% | August 31, 2022 | ||
| IQ Ultra Short Duration ETF | 0.24% | August 31, 2022 | ||
| IQ MacKay ESG Core Plus Bond ETF | 0.39% | August 31, 2022 |
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