Amendment to Investment Advisory and Management Agreement between Curian Variable Series Trust and Curian Capital, LLC
Amendment to
Curian Variable Series Trust and Curian Capital, LLC
This Amendment is made by and between Curian Variable Series Trust, a Massachusetts business trust (“Trust”), and Curian Capital, LLC, a Michigan limited liability company (“Adviser”).
Whereas, the Trust and the Adviser are parties to an Investment Advisory and Management Agreement dated December 19, 2011, as amended (“Agreement”), whereby the Adviser agreed to serve as the investment adviser and business manager for the Funds of the Trust.
Whereas, the parties have agreed to amend Schedule A, Schedule B, and Schedule C of the Agreement to add the following new Fund (“New Fund”), to add the New Fund’s fee schedule, to add the New Fund’s Subsidiary, to amend the name of the following existing Fund (“Fund Name Change”), and to remove the Curian/The Boston Company Multi-Alpha Market Neutral Equity Fund:
New Fund (effective April 28, 2014)
1) Curian/Xxxxxxxxx Xxxxxx Risk Balanced Commodity Strategy Fund;
New Fund’s Subsidiary (effective April 28, 2014)
1) Curian/Xxxxxxxxx Xxxxxx Risk Balanced Commodity Strategy Fund Ltd.; and
Fund Name Change (effective April 28, 2014)
1) From: Curian/Urdang International REIT Fund
To: Curian/CenterSquare International REIT Fund.
Now Therefore, the parties hereto agree to amend the Agreement as follows:
1. Schedule A to the Agreement is hereby deleted and replaced in its entirety with Schedule A attached hereto.
2. Schedule B to the Agreement is hereby deleted and replaced in its entirety with Schedule B attached hereto.
3. Schedule C to the Agreement is hereby deleted and replaced in its entirety with Schedule C attached hereto.
4. Except as specifically amended hereby, the Agreement shall remain in full force and effect in accordance with its terms.
In Witness Whereof, the Adviser and the Trust have caused this Amendment to be executed as of February 26, 2014 effective as of April 28, 2014. This Amendment may be executed in two or more counterparts, which together shall constitute one document.
| Curian Variable Series Trust | Curian Capital, LLC | |||
| By: |
/s/ Xxxxxx X. Xxxxx
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By: | /s/ Xxxxxxx X. Xxxx | |
| Name: |
Xxxxxx X. Xxxxx
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Name: |
Xxxxxxx X. Xxxx
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| Title: |
Assistant Secretary
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Title: |
President and Chief Executive Officer
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Schedule A
Dated: April 28, 2014
(List of Funds)
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Funds
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Curian Guidance – Interest Rate Opportunities Fund
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Curian Guidance – Multi-Strategy Income Fund
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Curian Guidance – Equity Income Fund
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Curian Guidance – Conservative Fund
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Curian Guidance – Moderate Fund
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Curian Guidance – Growth Fund
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Curian Guidance – Moderate Growth Fund
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Curian Guidance – Maximum Growth Fund
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Curian Guidance – Tactical Moderate Growth Fund
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Curian Guidance – Tactical Maximum Growth Fund
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Curian Guidance – Institutional Alt 65 Fund
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Curian Guidance – Institutional Alt 100 Conservative Fund
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Curian Guidance – Institutional Alt 100 Moderate Fund
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Curian Guidance – Institutional Alt 100 Growth Fund
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Curian Guidance – International Opportunities Conservative Fund
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Curian Guidance – International Opportunities Moderate Fund
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Curian Guidance – International Opportunities Growth Fund
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Curian Guidance – Equity 100 Fund
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Curian Guidance – Fixed Income 100 Fund
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Curian Guidance – Real Assets Fund
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Curian Tactical Advantage 35 Fund
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Curian Tactical Advantage 60 Fund
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Curian Tactical Advantage 75 Fund
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Curian Dynamic Risk Advantage – Diversified Fund
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Curian Dynamic Risk Advantage – Growth Fund
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Curian Dynamic Risk Advantage – Income Fund
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Curian/Aberdeen Latin America Fund
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Curian/American Funds® Global Growth Fund
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Curian/American Funds® Growth Fund
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Curian/AQR Risk Parity Fund
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Curian/Xxxxxxx Emerging Market Small Cap Equity Fund
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Curian/Baring International Fixed Income Fund
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Curian/BlackRock Global Long Short Credit Fund
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Curian/CenterSquare International REIT Fund
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Curian/DFA U.S. Micro Cap Fund
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Curian/DoubleLine Total Return Fund
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Curian/Xxxxx Xxxxx Global Macro Absolute Return Advantage Fund
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Curian/Epoch Global Shareholder Yield Fund
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Curian/FAMCO Flex Core Covered Call Fund
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Curian Focused International Equity Fund
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Curian Focused U.S. Equity Fund
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Curian/Franklin Xxxxxxxxx Frontier Markets Fund
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Curian/Franklin Xxxxxxxxx Natural Resources Fund
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Curian/Lazard International Strategic Equity Fund
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Curian Long Short Credit Fund
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Curian/Xxxxxxxxx Xxxxxx Currency Fund
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Curian/Xxxxxxxxx Xxxxxx Risk Balanced Commodity Strategy Fund
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| Curian/Xxxxxxxx Convertible Arbitrage Fund |
A-1
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Funds
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Curian/PIMCO Credit Income Fund
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Curian/PineBridge Merger Arbitrage Fund
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Curian/Xxxxxxxx Emerging Europe Fund
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Curian/The Boston Company Equity Income Fund
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Curian/X. Xxxx Price Capital Appreciation Fund
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Curian/UBS Global Long Short Fixed Income Opportunities Fund
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Curian/Xxx Xxx International Gold Fund
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A-2
Schedule B
Dated: April 28, 2014
(Compensation)
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Fund
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Assets
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Advisory Fee
(Annual Rate Based on Average Net Assets
of the Fund)
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Curian Guidance – Interest Rate Opportunities Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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Curian Guidance – Multi-Strategy Income Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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Curian Guidance – Equity Income Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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Curian Guidance – Conservative Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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Curian Guidance – Moderate Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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Curian Guidance – Growth Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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Curian Guidance – Moderate Growth Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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Curian Guidance – Maximum Growth Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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Curian Guidance – Tactical Moderate Growth Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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Curian Guidance – Tactical Maximum Growth Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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Curian Guidance – Institutional Alt 65 Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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Curian Guidance – Institutional Alt 100 Conservative Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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Curian Guidance – Institutional Alt 100 Moderate Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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Curian Guidance – Institutional Alt 100 Growth Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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Curian Guidance – International Opportunities Conservative Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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Curian Guidance – International Opportunities Moderate Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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Curian Guidance – International Opportunities Growth Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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Curian Guidance – Equity 100 Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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Curian Guidance – Fixed Income 100 Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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Curian Guidance – Real Assets Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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Curian Tactical Advantage 35 Fund
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$0 to $1 billion
Over $1 billion
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.75%
.70%
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Curian Tactical Advantage 60 Fund
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$0 to $1 billion
Over $1 billion
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.75%
.70%
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B-1
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Fund
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Assets
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Advisory Fee
(Annual Rate Based on Average Net Assets
of the Fund)
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Curian Tactical Advantage 75 Fund
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$0 to $1 billion
Over $1 billion
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.75%
.70%
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Curian Dynamic Risk Advantage – Diversified Fund
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$0 to $1 billion
Over $1 billion
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.85%
.80%
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Curian Dynamic Risk Advantage – Growth Fund
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$0 to $1 billion
Over $1 billion
|
.85%
.80%
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Curian Dynamic Risk Advantage – Income Fund
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$0 to $1 billion
Over $1 billion
|
.85%
.80%
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Curian/Aberdeen Latin America Fund
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$0 to $1 billion
Over $1 billion
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1.35%
1.30%
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Curian/American Funds® Global Growth Fund
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$0 to $1 billion
Over $1 billion
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.80%
.75%
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Curian/American Funds® Growth Fund
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$0 to $1 billion
Over $1 billion
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.85%
.80%
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Curian/AQR Risk Parity Fund
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$0 to $1 billion
Over $1 billion
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.85%
.80%
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Curian/Xxxxxxx Emerging Market Small Cap Equity Fund
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$0 to $1 billion
Over $1 billion
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1.10%
1.05%
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Curian/Baring International Fixed Income Fund
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$0 to $1 billion
Over $1 billion
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.60%
.55%
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Curian/BlackRock Global Long Short Credit Fund
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$0 to $1 billion
Over $1 billion
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.95%
.90%
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Curian/CenterSquare International REIT Fund
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$0 to $1 billion
Over $1 billion
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.80%
.75%
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Curian/DFA U.S. Micro Cap Fund
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$0 to $1 billion
Over $1 billion
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.80%
.75%
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Curian/DoubleLine Total Return Fund
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$0 to $1 billion
Over $1 billion
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.50%
.45%
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Curian/Xxxxx Xxxxx Global Macro Absolute Return Advantage Fund
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$0 to $1 billion
Over $1 billion
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.95%
.90%
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Curian/Epoch Global Shareholder Yield Fund
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$0 to $1 billion
Over $1 billion
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.70%
.65%
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Curian/FAMCO Covered Call Fund
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$0 to $1 billion
Over $1 billion
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.60%
.55%
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Curian Focused International Equity Fund
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$0 to $1 billion
Over $1 billion
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.80%
.75%
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Curian Focused U.S. Equity Fund
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$0 to $1 billion
Over $1 billion
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.70%
.65%
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Curian/Franklin Xxxxxxxxx Frontier Markets Fund
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$0 to $1 billion
Over $1 billion
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1.40%
1.35%
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Curian/Franklin Xxxxxxxxx Natural Resources Fund
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$0 to $1 billion
Over $1 billion
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.80%
.75%
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Curian/Lazard International Strategic Equity Fund
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$0 to $1 billion
Over $1 billion
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.80%
.75%
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Curian Long Short Credit Fund
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$0 to $1 billion
Over $1 billion
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.95%
.90%
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Curian/Xxxxxxxxx Xxxxxx Currency Fund
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$0 to $1 billion
Over $1 billion
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.70%
.65%
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B-2
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Fund
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Assets
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Advisory Fee
(Annual Rate Based on Average Net Assets
of the Fund)
|
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Curian/Xxxxxxxxx Xxxxxx Risk Balanced Commodity Strategy Fund
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$0 to $1 billion
Over $1 billion
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.60%
.55%
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Curian/Xxxxxxxx Convertible Arbitrage Fund
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$0 to $1 billion
Over $1 billion
|
.85%
.80%
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Curian/PIMCO Credit Income Fund
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$0 to $1 billion
Over $1 billion
|
.40%
.35%
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Curian/PineBridge Merger Arbitrage Fund
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$0 to $1 billion
Over $1 billion
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.85%
.80%
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Curian/Xxxxxxxx Emerging Europe Fund
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$0 to $1 billion
Over $1 billion
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1.10%
1.05%
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Curian/The Boston Company Equity Income Fund
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$0 to $1 billion
Over $1 billion
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.55%
.50%
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Curian/X. Xxxx Price Capital Appreciation Fund
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$0 to $1 billion
Over $1 billion
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.70%
.65%
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Curian/UBS Global Long Short Fixed Income Opportunities Fund
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$0 to $1 billion
Over $1 billion
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.95%
.90%
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Curian/Xxx Xxx International Gold Fund
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$0 to $1 billion
Over $1 billion
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.80%
.75%
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B-3
Schedule C
Dated April 28, 2014
(List of Adviser’s Investment Advisory Agreements with Funds’ Subsidiaries)
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Funds
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Subsidiaries*
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Curian/AQR Risk Parity Fund
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Curian/AQR Risk Parity Fund Ltd.
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Curian/Xxxxxxxxx Xxxxxx Risk Balanced Commodity Strategy Fund
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Curian/ Xxxxxxxxx Xxxxxx Risk Balanced Commodity Strategy Fund Ltd.
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Curian/Xxx Xxx International Gold Fund
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Curian/Xxx Xxx International Gold Fund Ltd.
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* The Adviser has entered into an Investment Advisory Agreement with each subsidiary – which is wholly owned by the Fund listed opposite its name – pursuant to which the subsidiary is obligated to pay an investment advisory fee to the Adviser based on the same formula as set forth in Schedule B for its parent Fund.
C-1
