to Amended and Restated Investment Sub-Advisory Agreement Between Jackson National Asset Management, LLC and Standard & Poor’s Investment Advisory Services LLC
EX. 99.28(d)(28)(vi)
Amendment
to Amended and Restated
Xxxxxxx National Asset Management, LLC
and Standard & Poor’s Investment Advisory Services LLC
This Amendment is made by and between Xxxxxxx National Asset Management, LLC, a Michigan limited liability company and registered investment adviser (“Adviser”), and Standard & Poor’s Investment Advisory Services LLC, a Delaware limited liability company and registered investment adviser (“Sub-Adviser”).
Whereas, the Adviser and the Sub-Adviser entered into an Amended and Restated Investment Sub-Advisory Agreement effective as of the 1st day of December, 2012, as amended January 1, 2013, May 30, 2013, April 28, 2014 and June 4, 2014 (“Agreement”), whereby the Adviser appointed the Sub-Adviser to provide certain sub-investment advisory services to certain investment portfolios (“Funds”) of JNL Series Trust, as listed on Schedule A to the Agreement.
Whereas, the parties have agreed to amend the Agreement to add the following new fund: the JNL/S&P International 5 Fund and its’ respective fees, which will be co-sub-advised by Mellon Capital Management Corporation, effective September 15, 2014.
Now Therefore, in consideration of the mutual covenants herein contained, the parties hereby agree to amend the Agreement as follows:
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1.
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Schedule A to the Agreement is hereby deleted and replaced in its entirety with Schedule A dated September 15, 2014, attached hereto.
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2.
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Schedule B to the Agreement is hereby deleted and replaced in its entirety with Schedule B dated September 15, 2014, attached hereto.
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This Amendment may be executed in one or more counterparts, which together shall constitute one document.
In Witness Whereof, the Adviser and the Sub-Adviser have caused this Amendment to be executed as of this 11th day of June 2014, effective as of September 15, 2014.
| Xxxxxxx National Asset Management, LLC | Standard & Poor’s Investment Advisory Services LLC |
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| By: |
/s/ Xxxx X. Xxxxx
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By: |
/s/ Xxxxxxx X. Xxxxxxxx
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| Name: |
Xxxx X. Xxxxx
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Name: |
Xxxxxxx X. Xxxxxxxx
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| Title: |
President and CEO
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Title: |
Managing Director – Global Markets Intelligence
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Schedule A
Dated September 15, 2014
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Funds
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JNL/S&P Managed Growth Fund
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JNL/S&P Managed Conservative Fund
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JNL/S&P Managed Moderate Growth Fund
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JNL/S&P Managed Moderate Fund
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JNL/S&P Managed Aggressive Growth Fund
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JNL/S&P Competitive Advantage Fund
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JNL/S&P Dividend Income & Growth Fund
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JNL/S&P International 5 Fund
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JNL/S&P Intrinsic Value Fund
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JNL/S&P Mid 3 Fund
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JNL/S&P Total Yield Fund
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A-1
Schedule B
Dated September 15, 2014
(Compensation)
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Funds
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Group 1:
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JNL/S&P Managed Growth Fund
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JNL/S&P Managed Conservative Fund
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JNL/S&P Managed Moderate Growth Fund
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JNL/S&P Managed Moderate Fund
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JNL/S&P Managed Aggressive Growth Fund
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Assets
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Annual Rate
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Effective January 1, 2013:
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$0 to $8 Billion
Over $8 Billion
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0.02%
0.01%
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| The assets of the funds are aggregated for purposes of calculating the sub-advisory fee. |
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Group 2:
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JNL/S&P Competitive Advantage Fund
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JNL/S&P Dividend Income & Growth Fund
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JNL/S&P Intrinsic Value Fund
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JNL/S&P Total Yield Fund
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Assets
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Annual Rate
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Effective January 1, 2013:
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$0 to $1Billion
Next $2 Billion
Over $3 Billion
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0.08%
0.07%
0.05%
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| The assets of the funds are aggregated for purposes of calculating the sub-advisory fee. |
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Group 3:
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JNL/S&P Mid 3 Fund
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Assets
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Annual Rate
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Effective April 28, 2014:
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$0 to $1Billion
Over $1 Billion
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0.08%
0.07%
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Group 4:
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JNL/S&P International 5 Fund
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Assets
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Annual Rate
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Effective September 15, 2014:
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$0 to $1Billion
Over $1 Billion
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0.10%
0.08%
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B-1
