Amendment No. 1 to Investment Advisory Agreement
Amendment No. 1 to
Amendment No. 1 dated August 12, 2021 to the Investment Advisory Agreement dated February 1, 2021 (the “Agreement”) made by and between FORETHOUGHT VARIABLE INSURANCE TRUST, a Delaware statutory trust (the “Trust”), and GLOBAL ATLANTIC INVESTMENT ADVISORS, LLC, an Indiana limited liability company (the “Advisor”). Capitalized terms used herein and not otherwise defined shall have the definition set out in the Agreement.
In accordance with Section 12 of the Agreement, effective August 20, 2021, the parties hereby amend and restate Exhibit A of the Agreement as attached hereto.
Except as otherwise set forth herein, the terms and conditions of the Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the undersigned parties have executed this Agreement to be effective upon the date above.
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By its authorized officer, | |
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By: |
/s/ Xxxx X. Xxxx |
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Name: |
Xxxx X. Xxxx |
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Title: |
President |
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Global Atlantic Investment Advisors, LLC | |
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By its authorized officer, | |
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By: |
/s/ Xxxx X. Xxxx |
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Name: |
Xxxx X. Xxxx |
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Title: |
President |
Exhibit A
Fees
Global Atlantic American Funds® Managed Risk Portfolio
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Management Fee as a percentage |
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Asset Level |
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of average daily net assets |
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First $500 million |
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0.900 |
% |
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Next $500 million |
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0.875 |
% |
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Over $1 billion |
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0.850 |
% |
Global Atlantic Balanced Managed Risk Portfolio
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Management Fee as a percentage |
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Asset Level |
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of average daily net assets |
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First $500 million |
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0.550 |
% |
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Next $500 million |
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0.525 |
% |
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Over $1 billion |
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0.500 |
% |
Global Atlantic BlackRock Allocation Portfolio
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Management Fee as a percentage |
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Asset Level |
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of average daily net assets |
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First $1 billion |
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0.22 |
% |
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Next $1 billion |
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0.21 |
% |
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Over $2 billion |
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0.20 |
% |
Global Atlantic BlackRock Disciplined Core Portfolio
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Management Fee as a percentage |
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Asset Level |
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of average daily net assets |
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First $1 billion |
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0.39 |
% |
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Next $1 billion |
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0.37 |
% |
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Over $2 billion |
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0.35 |
% |
Global Atlantic BlackRock Disciplined Growth Portfolio
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Management Fee as a percentage |
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Asset Level |
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of average daily net assets |
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First $250 million |
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0.37 |
% |
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Next $250 million |
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0.35 |
% |
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Next $500 million |
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0.34 |
% |
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Over $1 billion |
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0.32 |
% |
Global Atlantic BlackRock Disciplined International Core Portfolio
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Management Fee as a percentage |
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Asset Level |
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of average daily net assets |
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First $500 million |
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0.60 |
% |
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Next $500 million |
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0.58 |
% |
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Over $1 billion |
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0.55 |
% |
Global Atlantic BlackRock Disciplined Mid Cap Growth Portfolio
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Management Fee as a percentage |
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Asset Level |
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of average daily net assets |
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First $250 million |
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0.54 |
% |
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Next $250 million |
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0.53 |
% |
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Next $500 million |
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0.51 |
% |
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Over $1 billion |
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0.48 |
% |
Global Atlantic BlackRock Disciplined Value Portfolio
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Management Fee as a percentage |
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Asset Level |
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of average daily net assets |
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First $1 billion |
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0.45 |
% |
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Next $1 billion |
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0.43 |
% |
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Over $2 billion |
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0.41 |
% |
Global Atlantic BlackRock Selects Managed Risk Portfolio
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Management Fee as a percentage |
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Asset Level |
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of average daily net assets |
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First $500 million |
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0.550 |
% |
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Next $500 million |
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0.525 |
% |
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Over $1 billion |
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0.500 |
% |
Global Atlantic BlackRock High Yield Portfolio
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Management Fee as a percentage |
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Asset Level |
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of average daily net assets |
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First $1 billion |
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0.50 |
% |
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Next $1 billion |
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0.48 |
% |
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Over $2 billion |
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0.46 |
% |
Global Atlantic Franklin Dividend and Income Managed Risk Portfolio
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Management Fee as a percentage |
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Asset Level |
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of average daily net assets |
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First $500 million |
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0.850 |
% |
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Next $500 million |
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0.825 |
% |
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Over $1 billion |
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0.800 |
% |
Global Atlantic Xxxxxxx Xxxxx Core Fixed Income Portfolio
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Management Fee as a percentage |
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Asset Level |
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of average daily net assets |
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First $250 million |
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0.34 |
% |
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Next $250 million |
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0.32 |
% |
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Over $500 million |
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0.26 |
% |
Global Atlantic Growth Managed Risk Portfolio
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Management Fee as a percentage |
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Asset Level |
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of average daily net assets |
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First $500 million |
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0.550 |
% |
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Next $500 million |
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0.525 |
% |
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Over $1 billion |
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0.500 |
% |
Global Atlantic Moderate Growth Managed Risk Portfolio
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Management Fee as a percentage |
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Asset Level |
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of average daily net assets |
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First $500 million |
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0.550 |
% |
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Next $500 million |
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0.525 |
% |
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Over $1 billion |
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0.500 |
% |
Global Atlantic Select Advisor Managed Risk Portfolio
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Management Fee as a percentage |
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Asset Level |
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of average daily net assets |
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First $500 million |
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0.900 |
% |
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Next $500 million |
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0.875 |
% |
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Over $1 billion |
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0.850 |
% |
Global Atlantic Wellington Managed Risk Portfolio
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Management Fee as a percentage |
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Asset Level |
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of average daily net assets |
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First $500 million |
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0.850 |
% |
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Next $500 million |
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0.825 |
% |
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Over $1 billion |
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0.800 |
% |
