May 1, 2015 Voya Series Fund, Inc.
Exhibit (d)(1)(i)
May 1, 2015
Voya Series Fund, Inc.
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Suite 100
Scottsdale, AZ 85258
Ladies and Gentlemen:
By this letter dated May 1, 2015, we have agreed to waive a portion of the management fee payable to us under the Investment Management Agreement, dated November 18, 2014, as amended and restated on May 1, 2015, between Voya Investments, LLC and Voya Series Fund, Inc. (the “Agreement”), with respect to Voya Capital Allocation Fund and Voya Small Company Fund (the “Funds”), each a series of Voya Series Fund, Inc. By this letter, we agree to waive that fee for the period from May 1, 2015 through January 1, 2017.
We will waive 0.020% of the management fee payable to us for the Funds, as reflected in the schedule set forth below.
Series | Management Fee Waiver (as a percentage of average daily net assets) | |
Voya Capital Allocation Fund |
0.020% | |
Voya Small Company Fund |
0.020% |
Voya Investments, LLC acknowledges that any fees waived during the term of this Agreement shall not be eligible for recoupment at any time in the future.
Notwithstanding the foregoing, termination or modification of this letter requires approval by the Board of Trustees of Voya Series Fund, Inc.
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May 1, 2015
Page 2
Please indicate your agreement to this reduction in fee by executing below in the place indicated.
Very sincerely, | ||
By: |
/s/ Xxxx Xxxxx | |
Xxxx Xxxxx | ||
Senior Vice President | ||
Voya Investments, LLC |
Agreed and Accepted:
Voya Series Fund, Inc.
(on behalf of the Portfolio)
By: | /s/ Xxxxxxxx X. Xxxxxxxx | |
Xxxxxxxx X. Xxxxxxxx | ||
Senior Vice President |