Amended And Restated Schedule A Effective February 1, 2021 to the Investment Advisory Agreement Dated November 2, 2010 between FundVantage Trust and Gotham Asset Management, LLC
Exhibit (d)(xii)(B)
Amended And Restated
Schedule A
Effective February 1, 2021 to the
Investment Advisory Agreement Dated November 2, 2010
between
FundVantage Trust and Gotham Asset Management, LLC
| Series of FundVantage Trust | Effective Date | |
| Gotham Absolute Return Fund | August 28, 2012 | |
| Gotham Enhanced Return Fund | May 30, 2013 | |
| Gotham Neutral Fund | August 30, 2013 | |
| Gotham Total Return Fund | March 30, 2015 | |
| Gotham Index Plus Fund | March 30, 2015 | |
| Gotham Large Value Fund (f/k/a Gotham Institutional Value Fund) | December 31, 2015 | |
| Gotham Hedged Plus Fund | March 30, 2016 | |
| Gotham Enhanced 500 Plus Fund (f/k/a Gotham Enhanced 500 Core Fund | September 30, 2016 | |
| Gotham Hedged Core Fund | September 30, 2016 | |
| Gotham Neutral 500 Fund | September 30, 2016 | |
| Gotham Defensive Long 500 Fund | September 30, 2016 | |
| Gotham Enhanced S&P 500 Index Fund | December 30, 2016 | |
| Gotham Short Strategies Fund | August 1, 2017 | |
| Gotham ESG Large Value Fund | December 6, 2018 |
IN WITNESS WHEREOF, each of the parties hereto has caused this Amended and Restated Schedule A to be executed in its name and on its behalf by its duly authorized representative effective as of the 1st of February, 2021.
| FundVantage Trust | |||
| By: | /s/ Xxxx Xxxxx | ||
| Name: | Xxxx X. Xxxxx | ||
| Title: | President and Chief Executive Officer | ||
| Gotham Asset Management, LLC | |||
| By: | /s/ Xxxxx XxXxxxx | ||
| Name: | Xxxxx XxXxxxx | ||
| Title: | General Counsel & CCO | ||
A-1
Amended And Restated Schedule B
Dated February 1, 2021 to the
Investment Advisory Agreement Dated November 2, 2010
between
FundVantage Trust and Gotham Asset Management, LLC
Investment Advisory Fee Schedule
|
Fund |
Annual
Fee as a Percentage of Fund’s Average Daily Net Assets |
Effective Date | ||
| Gotham Absolute Return Fund1 | 1.50% (150 basis points) | August 28, 20122 | ||
| Gotham Enhanced Return Fund1 | 1.50% (150 basis points) | May 30, 20133 | ||
| Gotham Neutral Fund | 1.50% (150 basis points) | August 30, 20134 | ||
| Gotham Index Plus Fund1 | 1.00% (100 basis points) | December 7, 2015 | ||
| Gotham Total Return Fund | 1.00% (100 basis points)5 | May 1, 2017 | ||
| Gotham Large Value Fund (f/k/a Gotham Institutional Value Fund) | 0.75% (75 basis points) | August 31, 20186 | ||
| Gotham Hedged Plus Fund | 1.00% (100 basis points) | March 30, 2016 | ||
| Gotham Enhanced 500 Plus Fund (f/k/a Gotham Enhanced 500 Core Fund) | 1.00% (100 basis points) | September 30, 2016 | ||
| Gotham Hedged Core Fund | 0.70% (70 basis points) | September 30, 2016 | ||
| Gotham Neutral 500 Fund | 1.35% (135 basis points) | September 30, 2016 | ||
| Gotham Defensive Long 500 Fund | 1.35% (135 basis points) | September 30, 2016 | ||
| Gotham Enhanced S&P 500 Index Fund1 | 0.50% (50 basis points) | December 30, 2016 | ||
| Gotham Short Strategies Fund | 1.35% (135 basis points) | August 1, 2017 | ||
| Gotham ESG Large Value Fund | 0.75% (75 basis points) | December 6, 2018 |
[Signature page follows]
1 Effective February 1, 2021, the advisory fee payable to Gotham shall be reduced by the dollar amount of “total annual fund operating expenses after fee waivers” attributable to any Fund assets invested in other investment companies advised or sub-advised by Gotham (each an “underlying fund” and collectively, the “underlying funds”), and the amount of such reduction shall be calculated based on the Fund’s average daily assets invested in an underlying fund and the “total annual fund operating expenses after fee waivers” disclosed in such underlying fund’s “Annual Fund Operating Expenses” table in the summary section of an underlying fund’s currently effective prospectus. The effect of the reduction of investment advisory fee is intended to provide that Gotham’s aggregate direct and indirect compensation from a Fund and any underlying fund, respectively, does not exceed the advisory fee paid by the Fund prior to February 1, 2021.
2 The effective date for the Gotham Absolute Return Fund investment advisory agreement was August 28, 2012 and a fee reduction was approved by the Board of Trustees of FundVantage Trust on July 17, 2020.
3 The effective date for the Gotham Enhanced Return Fund investment advisory agreement was May 30, 2013 and a fee reduction was approved by the Board of Trustees of FundVantage Trust on July 17, 2020.
4 The effective date for the Gotham Neutral Fund investment advisory agreement was August 30, 2013 and a fee reduction was approved by the Board of Trustees of FundVantage Trust on July 17, 2020.
5 Assets invested in other mutual funds advised by Gotham shall be excluded from the Gotham Total Return Fund average daily net assets for purposes of calculating the advisory fee.
6 The effective date for the Gotham Large Value Fund investment advisory agreement was December 31, 2015 and a fee reduction was approved by the Board of Trustees of FundVantage Trust on August 27, 2018.
B-1
IN WITNESS WHEREOF, each of the parties hereto has caused this Amended and Restated Schedule B to be executed in its name and on its behalf by its duly authorized representative as of the 1st day of February, 2021.
| FundVantage Trust | |||
| By: | /s/ Xxxx Xxxxx | ||
| Name: | Xxxx X. Xxxxx | ||
| Title: | President and Chief Executive Officer | ||
| Gotham Asset Management, LLC | |||
| By: | /s/ Xxxxx XxXxxxx | ||
| Name: | Xxxxx XxXxxxx | ||
| Title: | General Counsel & CCO | ||
(Signature Page to Schedule B dated February 1, 2021 to Gotham Investment Advisory Agreement)
B-2
