AMENDMENT TO SUB-ADVISORY AGREEMENT BETWEEN TRANSAMERICA ASSET MANAGEMENT, INC. AND PINEBRIDGE INVESTMENTS LLC
Exhibit (d)(19)(vii)
AMENDMENT TO SUB-ADVISORY AGREEMENT BETWEEN
TRANSAMERICA ASSET MANAGEMENT, INC. AND
PINEBRIDGE INVESTMENTS LLC
THIS AMENDMENT is made as of October 27, 2023 to the Sub-Advisory Agreement dated March 1, 2014 (the “Agreement”) between Transamerica Asset Management, Inc. (the “Investment Adviser”) and PineBridge Investments LLC (the “Sub-Adviser”). In consideration of the mutual covenants contained herein, the parties agree as follows:
Schedule A to the Agreement is hereby deleted and replaced in its entirety with the attached revised Schedule A, and all references in the Agreement to Schedule A shall be deemed to refer to the attached Schedule A.
In all other respects, the Sub-Advisory Agreement dated March 1, 2014 is confirmed and remains in full force and effect.
TRANSAMERICA ASSET MANAGEMENT, INC. | ||||||
By: | /s/ Xxxxxxxxxxx X. Xxxxxxx | |||||
Name: | Xxxxxxxxxxx X. Xxxxxxx | |||||
Title: | Senior Vice President | |||||
PINEBRIDGE INVESTMENTS LLC | ||||||
By: | /s/ Xxxxxxx X. Xxxxx | |||||
Name: | Xxxxxxx X. Xxxxx | |||||
Title: | Managing Director, Global Head of Multi-Asset |
Schedule A
Fund | Investment Sub-advisory Fee* | |
Transamerica Inflation Opportunities ** | 0.15% of the first $100 million; 0.10% over $100 million up to $250 million; 0.05% in excess of $250 million | |
Transamerica Large Core ESG (formerly, Transamerica Large Core)*** | 0.10% of the first $250 million; 0.09% over $250 and up to $500 million; 0.08% over $500 million | |
Transamerica Large Value Opportunities*** | 0.10% of the first $250 million; 0.09% over $250 and up to $500 million; 0.08% over $500 million | |
Transamerica Unconstrained Bond | 0.25% of the first $1 billion; 0.245% over $1 billion up to $2 billion; 0.24% in excess of $2 billion |
* | As a percentage of average daily net assets on an annual basis. |
** | The average daily net assets for the purpose of calculating sub-advisory fees will be determined based on the aggregate average daily net assets of Transamerica Inflation Opportunities, a series of the Trust, and Transamerica PineBridge Inflation Opportunities VP, a series of Transamerica Series Trust. |
*** | The average daily net assets for the purpose of calculating sub-advisory fees will be determined based on the aggregate average daily net assets of Transamerica Large Core ESG (formerly, Transamerica Large Core) and Transamerica Large Value Opportunities, each a series of the Trust. |