BRIGHTHOUSE FUNDS TRUST I AMENDMENT NO. 1 TO THE INVESTMENT SUBADVISORY AGREEMENT (Brighthouse/Aberdeen Emerging Markets Equity Portfolio)
Exhibit (d)(7)(i)
AMENDMENT NO. 1 TO THE INVESTMENT SUBADVISORY AGREEMENT
(Brighthouse/Aberdeen Emerging Markets Equity Portfolio)
This Amendment No. 1 to the Investment Subadvisory Agreement (the “Agreement”) dated August 4, 2017, by and between Brighthouse Investment Advisers, LLC (the “Adviser”) and Aberdeen Asset Managers Limited (the “Subadviser”) with respect to Brighthouse/Aberdeen Emerging Markets Equity Portfolio, a series of Brighthouse Funds Trust I, is entered into effective the 1st of October, 2019.
WHEREAS, the Agreement provides for the Subadviser to provide certain investment advisory services for the Adviser, for which the Subadviser is to receive agreed upon fees; and
WHEREAS, the parties wish to amend certain provisions of the Agreement as set forth herein;
NOW, THEREFORE, in consideration of the mutual promises, representations, and warranties made herein, covenants and agreements hereinafter contained, and, for other good and valuable consideration, the receipt and sufficiency of which are acknowledged, the parties agree as follows:
1. Schedule A is amended in whole to read as follows:
Percentage of average daily net assets of the Portfolio
assets allocated to the Subadviser by the Adviser:
0.700% on the first $250 million
0.600% on the next $250 million
0.500% on the next $500 million
0.400% on assets over $1 billion
2. All other terms and conditions of the Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties have executed this Amendment as of the 9th day of December, 2019.
| /s/ Xxxxxx Xxxxxx |
| Xxxxxx Xxxxxx |
| President, Brighthouse Investment Advisers, LLC
|
| /s/ [Authorized Officer] |
| By: Authorized Officer |
| Aberdeen Asset Managers Limited |
