THIRD AMENDMENT TO SUB-ADVISORY AGREEMENT VOYA SERIES FUND, INC.
Exhibit 99.77(q)(1)(e)(2)
THIRD AMENDMENT TO SUB-ADVISORY AGREEMENT
VOYA SERIES FUND, INC.
This Third Amendment, dated January 1, 2018, amends the Sub-Advisory Agreement (the “Agreement”), dated November 18, 2014, as amended, between Voya Investments, LLC, an Arizona limited liability company (the “Manager”), and Voya Investment Management Co. LLC, a Delaware limited liability company (the “Sub-Adviser”).
W I T N E S S E T H
WHEREAS, the parties desire to amend the Agreement and agree that the amendment will be effective as of January 1, 2018.
NOW, THEREFORE, the parties agree as follows:
| 1. | The Amended Schedule A of the Agreement is hereby deleted and replaced with the Amended Schedule A attached hereto in order to modify the Annual Sub-Advisory Fee for Voya Government Money Market Fund. |
| 2. | Capitalized terms used in this Amendment and not otherwise defined shall have the meanings ascribed to them in the Agreement. |
| 3. | In all other respects, the Agreement is hereby confirmed and remains in full force and effect. |
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed as of the day and year first above written.
VOYA INVESTMENTS, LLC
By: /s/ Xxxx Xxxxx
Xxxx Xxxxx
Senior Vice President
VOYA INVESTMENT MANAGEMENT CO. LLC
By: /s/ Xxxxxxxxxxx Xxxxx
Name: Xxxxxxxxxxx Xxxxx
Title: Vice President, Finance
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AMENDED SCHEDULE A
with respect to the
between
Voya INVESTMENTS, LLC
and
Voya INVESTMENT MANAGEMENT CO. LLC
| Series | Effective Date |
Annual Sub-Advisory Fee (as a percentage of average daily net assets)
|
| Voya Corporate Leaders® 100 Fund | November 18, 2014 | 0.1800% on all assets
|
|
Voya Global Multi-Asset Fund (formerly, Voya Capital Allocation Fund)
|
January 12, 2017 |
Direct Investments1 0.3600% on first $500 million; 0.3490% on next $500 million; 0.3380% on next $500 million; 0.3260% on next $500 million; and
Other Investments2 0.1350% Underlying Funds3
|
| 1 | “Direct Investments” shall include direct interests in companies other than investment companies (e.g. stocks), securities evidencing indebtedness (e.g. bonds) that do not derive their value from another security or asset, and instruments whose value is backed by an asset. |
| 2 | “Other Investments” shall mean assets which are not Direct Investments or Underlying Funds. |
| 3 | “Underlying Funds” shall mean open-end investment companies registered under the 1940 Act within the Voya family of funds. The phrase “family of funds” shall have the same meaning as “fund complex” as defined in Item 17 of Form N-1A, as it was in effect on January 12, 2017. |
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| Series | Effective Date |
Annual Sub-Advisory Fee (as a percentage of average daily net assets)
|
|
Voya Global Target Payment Fund
|
November 18, 2014 |
Direct Investments4 0.1350%
Underlying Funds5
|
| Voya Government Money Market Fund | January 1, 2018 |
0.1125% on all assets
|
| Voya Mid Cap Research Enhanced Index Fund | November 18, 2014 |
0.2030% on first $500 million; 0.1910% on next $250 million;
|
| Voya Small Company Fund | November 18, 2014 |
0.3830% on first $250 million; 0.3600% on next $250 million; 0.3490% on next $250 million; 0.3380% on next $1.25 billion; and
|
| 4 | A “Direct Investment” is an investment in a financial instrument issued by an issuer that is not a part of the Voya family of funds, including, but not limited to: a security issued by an investment company that is not a part of the Voya family of funds, including exchange traded funds; a security issued by a non-mutual fund issuer, such as an operating company; and derivative instruments other than call options written by Voya Investment Management Co. LLC. The phrase “family of funds” shall have the same meaning as “fund complex” as defined in Item 17 of Form N-1A, as it was in effect on November 18, 2014. |
| 5 | “Underlying Funds” shall mean open-end investment companies registered under the 1940 Act within the Voya family of funds. The phrase “family of funds” shall have the same meaning as “fund complex” as defined in Item 17 of Form N-1A, as it was in effect on November 18, 2014. |
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