AMENDMENT NO. 6 TO RESTATED MANAGEMENT AGREEMENT
AMENDMENT NO. 6 TO RESTATED MANAGEMENT AGREEMENT
THIS AMENDMENT NO. 6 TO RESTATED MANAGEMENT AGREEMENT (“Amendment”) is effective as of the 31st day of July, 2017, by and between AMERICAN CENTURY MUTUAL FUNDS, INC., a Maryland corporation (hereinafter called the “Corporation”), and AMERICAN CENTURY INVESTMENT MANAGEMENT, INC., a Delaware corporation (hereinafter called the “Investment Manager”).
WHEREAS, the Corporation and the Investment Manager are parties to a certain Restated Management Agreement effective as of August 1, 2011, and amended effective as of September 30, 2011, July 26, 2013, August 1, 2014, December 1, 2016 and April 10, 2017 (“Agreement”);
WHEREAS, the parties hereto desire to enter into this Amendment to reflect the name change of the Institutional Class of Common stock to G Class and amend the fee schedule of such class for the series of shares titled NT Growth Fund and NT Heritage Fund; and
WHEREAS, the parties hereto desire to enter into this Amendment to reflect the elimination of the R6 Class of the series of shares titled NT Growth Fund and NT Heritage Fund.
NOW, THEREFORE, IN CONSIDERATION of the mutual promises and agreements herein contained, the parties agree as follows:
1. Amendment of Schedule A. Schedule A to the Agreement is hereby amended by deleting it in its entirety and inserting in lieu therefor the Schedule A attached hereto.
2. Ratification and Confirmation of Agreement. In the event of a conflict between the terms of this Amendment and the Agreement, it is the intention of the parties that the terms of this Amendment shall control and the Agreement shall be interpreted on that basis. To the extent the provisions of the Agreement have not been amended by this Amendment, the parties hereby confirm and ratify the Agreement.
3. Full Force and Effect. Except as expressly supplemented, amended or consented to hereby, all of the representations, warranties, terms, covenants and conditions of the Agreement shall remain unamended and shall continue to be in full force and effect.
[Remainder of page intentionally left blank; signature page to follow.]
IN WITNESS WHEREOF, the parties have caused this Amendment to be duly executed by their respective duly authorized officers to be effective as of the day and year first above written.
American Century Investment Management, Inc. | |
/s/ Xxxx X. Xxxxx | /s/ Xxxxxxx X. Xxxxxxxxxxx |
Xxxx X. Cowan Vice President | Xxxxxxx X. Etherington Senior Vice President |
2
Schedule A
Fee Schedules
Series | Investment Strategy Assets | Fee Schedule by Class | |||||||
Investor | I | A | C | R | R6 | R5 | Y | ||
Ultra Fund | First $4 billion | 0.990% | 0.790% | 0.990% | 0.990% | 0.990% | 0.640% | 0.790% | 0.640% |
Next $4 billion | 0.970% | 0.770% | 0.970% | 0.970% | 0.970% | 0.620% | 0.770% | 0.620% | |
Next $4 billion | 0.950% | 0.750% | 0.950% | 0.950% | 0.950% | 0.600% | 0.750% | 0.600% | |
Next $4 billion | 0.930% | 0.730% | 0.930% | 0.930% | 0.930% | 0.580% | 0.730% | 0.580% | |
Next $4 billion | 0.910% | 0.710% | 0.910% | 0.910% | 0.910% | 0.560% | 0.710% | 0.560% | |
Next $5 billion | 0.890% | 0.690% | 0.890% | 0.890% | 0.890% | 0.540% | 0.690% | 0.540% | |
Over $25 billion | 0.800% | 0.600% | 0.800% | 0.800% | 0.800% | 0.450% | 0.600% | 0.450% | |
Heritage Fund | All Assets | 1.000% | 0.800% | 1.000% | 1.000% | 1.000% | 0.650% | 0.800% | 0.650% |
All Cap Growth Fund | All Assets | 1.000% | 0.800% | 1.000% | 1.000% | 1.000% | n/a | n/a | n/a |
New Opportunities Fund | First $250 million | 1.500% | 1.300% | 1.500% | 1.500% | 1.500% | n/a | n/a | n/a |
Next $250 million | 1.250% | 1.050% | 1.250% | 1.250% | 1.250% | n/a | n/a | n/a | |
Next $250 million | 1.150% | 0.950% | 1.150% | 1.150% | 1.150% | n/a | n/a | n/a | |
Over $750 million | 1.100% | 0.900% | 1.100% | 1.100% | 1.100% | n/a | n/a | n/a | |
Growth Fund | First $4 billion | 0.990% | 0.790% | 0.990% | 0.990% | 0.990% | 0.640% | 0.790% | 0.640% |
Next $4 billion | 0.970% | 0.770% | 0.970% | 0.970% | 0.970% | 0.620% | 0.770% | 0.620% | |
Next $4 billion | 0.950% | 0.750% | 0.950% | 0.950% | 0.950% | 0.600% | 0.750% | 0.600% | |
Next $4 billion | 0.930% | 0.730% | 0.930% | 0.930% | 0.930% | 0.580% | 0.730% | 0.580% | |
Next $4 billion | 0.910% | 0.710% | 0.910% | 0.910% | 0.910% | 0.560% | 0.710% | 0.560% | |
Next $5 billion | 0.890% | 0.690% | 0.890% | 0.890% | 0.890% | 0.540% | 0.690% | 0.540% | |
Over $25 billion | 0.800% | 0.600% | 0.800% | 0.800% | 0.800% | 0.450% | 0.600% | 0.450% | |
A-1
Series | Investment Strategy Assets | Fee Schedule by Class | |||||||
Investor | I | A | C | R | R6 | R5 | Y | ||
Select Fund | First $4 billion | 0.990% | 0.790% | 0.990% | 0.990% | 0.990% | 0.640% | 0.790% | 0.640% |
Next $4 billion | 0.970% | 0.770% | 0.970% | 0.970% | 0.970% | 0.620% | 0.770% | 0.620% | |
Next $4 billion | 0.950% | 0.750% | 0.950% | 0.950% | 0.950% | 0.600% | 0.750% | 0.600% | |
Next $4 billion | 0.930% | 0.730% | 0.930% | 0.930% | 0.930% | 0.580% | 0.730% | 0.580% | |
Next $4 billion | 0.910% | 0.710% | 0.910% | 0.910% | 0.910% | 0.560% | 0.710% | 0.560% | |
Next $5 billion | 0.890% | 0.690% | 0.890% | 0.890% | 0.890% | 0.540% | 0.690% | 0.540% | |
Over $25 billion | 0.800% | 0.600% | 0.800% | 0.800% | 0.800% | 0.450% | 0.600% | 0.450% | |
Small Cap Growth Fund | First $250 million | 1.500% | 1.300% | 1.500% | 1.500% | 1.500% | 1.150% | 1.300% | 1.150% |
Next $250 million | 1.250% | 1.050% | 1.250% | 1.250% | 1.250% | 0.900% | 1.050% | 0.900% | |
Next $250 million | 1.150% | 0.950% | 1.150% | 1.150% | 1.150% | 0.800% | 0.950% | 0.800% | |
Over $750 million | 1.100% | 0.900% | 1.100% | 1.100% | 1.100% | 0.750% | 0.900% | 0.750% | |
Adaptive Equity Fund | First $500 million | 1.250% | 1.050% | 1.250% | n/a | 1.250% | 0.900% | n/a | n/a |
(f/k/a Veedot Fund) | Next $500 million | 1.100% | 0.900% | 1.100% | n/a | 1.100% | 0.750% | n/a | n/a |
Over $1 billion | 1.000% | 0.800% | 1.000% | n/a | 1.000% | 0.650% | n/a | n/a | |
Balanced Fund | First $1 billion | 0.900% | 0.700% | n/a | n/a | n/a | n/a | 0.700% | n/a |
Over $1 billion | 0.800% | 0.600% | n/a | n/a | n/a | n/a | 0.600% | n/a | |
Capital Value Fund | First $500 million | 1.100% | 0.900% | 1.100% | n/a | n/a | n/a | n/a | n/a |
Next $500 million | 1.000% | 0.800% | 1.000% | n/a | n/a | n/a | n/a | n/a | |
Over $1 billion | 0.900% | 0.700% | 0.900% | n/a | n/a | n/a | n/a | n/a | |
A-2
Series | Investment Strategy Assets | Fee Schedule by Class | |||||||
Investor | I | A | C | R | R6 | R5 | Y | ||
Sustainable Equity Fund | First $4 billion | 0.990% | 0.790% | 0.990% | 0.990% | 0.990% | n/a | 0.790% | 0.640% |
(f/k/a Fundamental Equity Fund) | Next $4 billion | 0.970% | 0.770% | 0.970% | 0.970% | 0.970% | n/a | 0.770% | 0.620% |
Next $4 billion | 0.950% | 0.750% | 0.950% | 0.950% | 0.950% | n/a | 0.750% | 0.600% | |
Next $4 billion | 0.930% | 0.730% | 0.930% | 0.930% | 0.930% | n/a | 0.730% | 0.580% | |
Next $4 billion | 0.910% | 0.710% | 0.910% | 0.910% | 0.910% | n/a | 0.710% | 0.560% | |
Next $5 billion | 0.890% | 0.690% | 0.890% | 0.890% | 0.890% | n/a | 0.690% | 0.540% | |
Over $25 billion | 0.800% | 0.600% | 0.800% | 0.800% | 0.800% | n/a | 0.600% | 0.450% | |
Series | Investment Strategy Assets | Fee Schedule by Class |
G | ||
NT Growth Fund | First $4 billion | 0.640% |
Next $4 billion | 0.620% | |
Next $4 billion | 0.600% | |
Next $4 billion | 0.580% | |
Next $4 billion | 0.560% | |
Next $5 billion | 0.540% | |
Over $25 billion | 0.450% | |
NT Heritage Fund | All Assets | 0.650% |
A-3
