October 1, 2014 Voya Series Fund, Inc. 7337 East Doubletree Ranch Road Suite 100 Scottsdale, AZ 85258-2034
(d)(3)(v)
October 1, 2014
Voya Series Fund, Inc.
0000 Xxxx Xxxxxxxxxx Xxxxx Xxxx
Suite 100
Scottsdale, AZ 85258-2034
Re: Expense Limitations
Ladies and Gentlemen:
By our execution of this letter agreement, intending to be legally bound hereby, Voya Investments, LLC (“Voya Investments”), the adviser to Voya Small Company Fund (the “Fund”), agrees that Voya Investments shall, from October 1, 2014 through October 1, 2015, waive all or a portion of its investment management fee and/or reimburse expenses in amounts necessary so that after such waivers and/or reimbursements, the maximum total operating expense ratios of the Fund shall be as follows:
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Maximum Operating Expense Limit |
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Classes |
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Name of Fund |
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A |
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B |
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C |
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I |
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O |
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R6 |
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W |
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Voya Small Company Fund |
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1.50 |
% |
2.25 |
% |
2.25 |
% |
1.04 |
% |
1.50 |
% |
1.04 |
% |
1.25 |
% |
We are willing to be bound by this letter agreement to lower our fees for the period from October 1, 2014 through October 1, 2015. The method of computation to determine the amount of the fee waiver and the definitions as set forth in the Expense Limitation Agreement shall apply, subject to possible recoupment by Voya Investments within three years. This letter agreement shall terminate upon termination of the Expense Limitation Agreement.
Notwithstanding the forgoing, termination or modification of this letter requires approval by the Board of Directors of Voya Series Fund, Inc.
Sincerely,
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/s/ Xxxx Xxxxx |
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Name: |
Xxxx Xxxxx | |
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Title: |
Senior Vice President | |
