Exhibit (d)(29)
AMENDMENT TO ADVISORY AGREEMENT
The Advisory Agreement made the 9/th/ day of November, 1987, and
subsequently amended on January 17, 1989, January 4, 1994, August 15, 1994,
November 20, 1995, December 18, 1998, December 15, 1999, January 28, 2000 August
14, 2000, December 27, 2000, September 21, 2001 and November 26, 2001 between
the PACIFIC SELECT FUND (the "Fund"), a Massachusetts business trust, and
PACIFIC LIFE INSURANCE COMPANY (the "Adviser"), a corporation organized under
the laws of California, (the "Agreement") is hereby amended by the addition of
the provisions set forth in this Amendment to the Agreement ("Amendment"), which
is made this 17/th/ day of September 2002, and effective November 1, 2002.
WITNESSETH:
WHEREAS, the Fund is authorized to issue an unlimited number of shares
of beneficial interest ("Beneficial Interest") in separate series with each such
series representing interests in a separate portfolio of securities and other
assets; and
WHEREAS, the Fund currently consists of thirty-three series designated
as the Money Market Portfolio, Managed Bond Portfolio, High Yield Bond
Portfolio, Inflation Managed Portfolio, Small-Cap Equity Portfolio, Large-Cap
Core Portfolio, Multi-Strategy Portfolio, International Value Portfolio, Equity
Index Portfolio, Growth LT Portfolio, Equity Portfolio, Emerging Markets
Portfolio, Aggressive Equity Portfolio, Mid-Cap Value Portfolio, Large-Cap Value
Portfolio, Small-Cap Index Portfolio, Real Estate Portfolio, Diversified
Research Portfolio, International Large-Cap Portfolio, I-Net Tollkeeper
Portfolio, Strategic Value Portfolio, Focused 30 Portfolio, Blue Chip Portfolio,
Aggressive Growth Portfolio, Financial Services Portfolio, Health Sciences
Portfolio, Technology Portfolio, Telecommunications Portfolio, Capital
Opportunities Portfolio, Mid-Cap Growth Portfolio, Global Growth Portfolio,
Equity Income Portfolio and Research Portfolio (each referred to as a "Series"
in the Agreement, and hereinafter referred to as a "Portfolio"); and
WHEREAS, the Fund desires to amend Section six (6) ("Compensation") of
the Agreement under the provisions set forth in the Agreement and in this
Amendment;
NOW THEREFORE, in consideration of the mutual promises and covenants
contained in this Amendment, it is agreed between the parties hereto as follows:
1. Section six (6) ("Compensation") of the Agreement is amended by
replacing the first paragraph with the following language:
"6. Compensation. For the services provided and the expenses
borne by the Adviser pursuant to this Agreement, the Fund will pay
to the Adviser a fee at an annual rate on the Money Market
Portfolio of .40% of the first $250 million of the average daily
net assets of the Portfolio, .35% of the next $250 million of the
average daily net assets of the Portfolio, and .30% of the average
daily net assets of the Portfolio in excess of $500 million; on
the Managed Bond, High Yield
Bond and Inflation Managed Portfolios of .60% of the average
daily net assets of the Portfolios; on the Small-Cap Equity,
Large-Cap Core, Equity and Multi-Strategy Portfolios of .65%
of the average daily net assets of the Portfolios; on the
Growth LT Portfolio of .75% of the average daily net assets of
the Portfolio; on the Large-Cap Value, International Value and
Mid-Cap Value Portfolios of .85% of the average daily net
assets of the Portfolios; on the Equity Index Portfolio of
.25% of the average daily net assets of the Portfolio; on the
Emerging Markets, Real Estate, Global Growth, Technology,
Financial Services, Telecommunications and Health Sciences
Portfolios of 1.10% of the average daily net assets of the
Portfolios; on the Aggressive Equity and Capital Opportunities
Portfolios of .80% of the average daily net assets of the
Portfolios; on the Small-Cap Index Portfolio of .50% of the
average daily net assets of the Portfolio; on the Diversified
Research and Mid-Cap Growth Portfolios of .90% of the average
daily net assets of the Portfolios; on the International
Large-Cap Portfolio of 1.05% of the average daily net assets
of the Portfolio; on the I-Net Tollkeeper Portfolio of 1.25%
of the average daily net assets of the Portfolio; on the
Strategic Value, Focused 30, Blue Chip and Equity Income
Portfolios of .95% of the average daily net assets of the
Portfolios; and on the Aggressive Growth and Research
Portfolios of 1.00% of the average daily net assets of the
Portfolios. This fee shall be computed and accrued daily and
paid monthly."
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed by their officers designated below on the date written above.
PACIFIC SELECT FUND
Attest: /s/ Xxxxxx X. Milfs By: /s/ Xxxxxx X. Xxxxxx
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Name: Xxxxxx X. Milfs Name: Xxxxxx X. Xxxxxx
Title: Secretary Chairman of the Board & Trustee
PACIFIC LIFE INSURANCE COMPANY
By: /s/ Xxxxxx X. Xxxxxx By: /s/ Xxxxxx L Milfs
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Name: Xxxxxx X. Xxxxxx Name: Xxxxxx X. Milfs
Title: Chairman of the Board & Title: Secretary
Chief Executive Officer
