Amendment to Amended and Restated Investment Sub-Advisory Agreement Between Jackson National Asset Management, LLC
EX 99.28(d)(39)(v)
Amendment
to Amended and Restated
Investment Sub-Advisory Agreement Between
Xxxxxxx National Asset Management, LLC
and X.X. Xxxxxx Investment Management Inc.
This Amendment is made by and between Xxxxxxx National Asset Management, LLC, a Michigan limited liability company and registered investment adviser (“Adviser”), and X.X. Xxxxxx Investment Management Inc., a Delaware corporation 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 (“Agreement”), whereby the Adviser appointed the Sub-Adviser to provide certain sub-investment advisory services to certain investment portfolios of JNL Series Trust (“Trust”).
Whereas, the Sub-Adviser has been replaced as sub-adviser for the JNL/JPMorgan International Value Fund of the Trust.
Whereas, pursuant to this sub-adviser replacement, the Adviser and the Sub-Adviser have agreed to amend Schedule A and Schedule B of the Agreement to remove the JNL/JPMorgan International Value Fund.
Now Therefore, in consideration of the mutual covenants herein contained, the parties hereby agree to amend the Agreement as follows:
|
1.
|
Schedule A to the Agreement is hereby deleted and replaced in its entirety with Schedule A dated September 28, 2015, attached hereto.
|
|
2.
|
Schedule A to the Agreement is hereby deleted and replaced in its entirety with Schedule B dated September 28, 2015, attached hereto.
|
In Witness Whereof, the Adviser and the Sub-Adviser have caused this Amendment to be executed as of this 3rd day of September 2015, effective September 28, 2015.
|
Xxxxxxx National Asset Management, LLC
|
X.X. Xxxxxx Investment Management Inc.
|
|||
| By: |
/s/ Xxxx X. Xxxxx
|
By:
|
/s/ Xxxx Brands
|
|
| Name: |
Xxxx X. Xxxxx
|
Name:
|
Xxxx Brands
|
|
| Title: |
President and CEO
|
Title:
|
Vice President
|
|
Schedule A
Dated September 28, 2015
|
Funds
|
|
|
JNL/JPMorgan MidCap Growth Fund
|
|
|
JNL/JPMorgan U.S. Government & Quality Bond Fund
|
|
A-1
Schedule B
Dated September 28, 2015
(Compensation)
|
JNL/JPMorgan MidCap Growth Fund
|
|
|
Average Daily Net Assets
|
Annual Rate
|
|
$0 to $1 Billion
|
0.40%
|
|
Amounts over $1 Billion
|
0.38%
|
|
JNL/JPMorgan U.S. Government & Quality Bond Fund
|
|
|
Average Daily Net Assets
|
Annual Rate
|
|
$0 to $200 Million
|
0.17%**
|
|
$200 Million to $500 Million
|
0.15%
|
|
$500 Million to $1 Billion
|
0.12%
|
|
Amounts over $1 Billion
|
0.10%
|
| ** When net assets drop below $500 million, the annual rate will be 0.20% for net assets between $0 to $200 million. | |
B-1
