Exhibit (d)(1)(A)(i)
[ING FUNDS LOGO]
December 5, 2005
Xx. Xxxxx Xxxx
Directed Services, Inc.
0000 Xxxxxxxx Xxxxx
Xxxx Xxxxxxx, XX 00000
Dear Xx. Xxxx:
Pursuant to the Management Agreement dated May 24, 2002, as amended,
between ING Investors Trust and Directed Services, Inc. (the "Agreement") we
hereby notify you of our intention to modify the management fees for ING FMR(SM)
Diversified Mid Cap Portfolio and ING Xxxxxxxxx Global Growth Portfolio
(formerly, ING Capital Guardian Managed Global Portfolio) (the "Portfolios"),
effective December 5, 2005. Upon your acceptance, the Agreement will be modified
to give effect to the foregoing by amending AMENDED SCHEDULE B of the Agreement.
The AMENDED SCHEDULE B, with the annual investment management fee indicated for
the Portfolios, is attached hereto.
AMENDED SCHEDULE B has also been updated to (1) reflect the name changes of
ING Alliance Mid Cap Growth Portfolio to ING AllianceBernstein Mid Cap Growth
Portfolio, ING Capital Guardian Managed Global Portfolio to ING Xxxxxxxxx Global
Growth Portfolio and ING Salomon Brothers Investors Portfolio to ING Lord Xxxxxx
Affiliated Portfolio, and (2) remove ING AIM Mid Cap Growth Portfolio, as it
recently merged into another fund.
Please signify your acceptance to the modified investment management fee
for the Portfolios by signing below where indicated.
Very sincerely,
/s/ Xxxxxx X. Naka
Xxxxxx X. Naka
Senior Vice President
ING Investors Trust
ACCEPTED AND AGREED TO:
Directed Services, Inc.
By: /s/ Xxxxx Xxxx
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Name: Xxxxx Xxxx
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Title:VP, DULY AUTHORIZED
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0000 X. Xxxxxxxxxx Xxxxx Xx. Tel: 000-000-0000 ING Investors Trust
Scottsdale, AZ 00000-0000 Fax: 000-000-0000
xxx.xxxxxxxx.xxx
AMENDED SCHEDULE B
COMPENSATION FOR SERVICES TO SERIES
For the services provided by Directed Services, Inc. (the "Manager") to the
following Series of the ING Investors Trust (the "Trust"), pursuant to the
attached Management Agreement, the Trust will pay the Manager a fee, payable
monthly, based on the average daily net assets of the Series at the following
annual rates of the average daily net assets of that Series.
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(1) For purposes of calculating fees under this Agreement, the assets of ING
FMR(SM) Diversified Mid Cap Portfolio shall be aggregated with the assets
of ING UBS U.S. Allocation Portfolio.
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SERIES RATE
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ING Xxxxxxx Xxxxx Tollkeeper(SM) Portfolio 1.350% on first $1 billion in assets
1.250% of assets in excess of $1 billion
ING International Portfolio 1.000% of first $500 million of assets
0.800% on assets in excess of $500 million
ING Janus Contrarian Portfolio and 0.810% on first $250 million in combined assets of
ING Xxxx Xxxxx Value Portfolio these Series
0.770% on next $400 million
0.730% on next $450 million
0.670% on assets in excess of $1.1 billion
ING Xxxxxx Xxxx Foreign Portfolio 1.000% on first $50 million
0.950% on next $200 million
0.900% on next $250 million
0.850% on assets in excess of $500 million
ING JPMorgan Emerging Markets Equity Portfolio 1.250%
ING JPMorgan Small Cap Equity Portfolio 0.900% on first $200 million
0.850% on next $300 million
0.800% on next $250 million
0.750% on assets in excess of $750 million
ING Limited Maturity Bond Portfolio and 0.350% on first $200 million in combined assets of
ING Liquid Assets Portfolio these Series
0.300% on next $300 million
0.250% on assets in excess of $500 million
ING Mercury Large Cap Value Portfolio 0.800% on first $500 million
0.750% on next $250 million
0.700% on next $500 million
0.650% on next $750 million
0.600% on assets in excess of $2 billion
ING Mercury Large Cap Growth Portfolio 0.800% on first $500 million
0.750% on next $250 million
0.700% on next $500 million
0.650% on next $750 million
0.600% on assets in excess of $2 billion
2
SERIES RATE
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ING MFS Mid Cap Growth Portfolio, 0.750% on first $250 million in combined assets in
ING MFS Total Return Portfolio, and these Series
ING Xxxxxxxxxxx Main Street Portfolio(R) 0.700% on next $400 million
0.650% on next $450 million
0.600% on assets in excess of $1.1 billion
ING PIMCO Core Bond Portfolio 0.750% on first $100 million
0.650% on next $100 million
0.550% on assets in excess of $200 million
ING PIMCO High Yield Portfolio 0.490%
ING Pioneer Fund Portfolio 0.750% on first $500 million
0.700% on next $500 million
0.650% thereafter
ING Pioneer Mid Cap Value Portfolio 0.640%
ING Salomon Brothers All Cap Portfolio 0.750% on first $500 million in combined assets of
ING Salomon Brothers Investors Portfolio these series
0.700% on next $250 million
0.650% on next $500 million
0.600% on assets in excess of $1.25 billion
ING Stock Index Portfolio 0.270%
ING Xxxxxxxxx Global Growth Portfolio 0.960% on first $250 million
0.860% on next $250 million
0.760% on assets in excess of $500 million
ING Xxx Xxxxxx Equity Growth Portfolio 0.650% first $1 billion
0.600% on assets in excess of $1 billion
XXX Xxx Xxxxxx Global Franchise Portfolio 1.000% first $250 million
0.900% next $250 million
0.750% on assets in excess of $500 million
ING UBS U.S. Allocation Portfolio(1) 0.750% of first $500 million
0.700% of next $250 million
0.650% of next $500 million
0.600% on assets in excess of $1.25 billion
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