GPS FUNDS II SECOND AMENDMENT TO THE FUND ADMINISTRATION SERVICING AGREEMENT
SECOND AMENDMENT TO THE
THIS SECOND AMENDMENT dated as of March 6, 2014, to the Fund Administration Servicing Agreement dated as of March 31, 2011, as amended September 1, 2012 (the “Agreement”), is entered into by and between GPS FUNDS II, a Delaware statutory trust (the “Trust”), and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company ("USBFS").
RECITALS
WHEREAS, the parties have entered into the Agreement; and
WHEREAS, the parties desire to amend the list of funds and to amend the fees of the Agreement; and
WHEREAS, Section 10 of the Agreement allows for its amendment by a written instrument executed by all parties.
NOW, THEREFORE, the parties agree as follows:
Amended Exhibit A of the Agreement is hereby superseded and replaced with Amended Exhibit A attached hereto.
Amended Exhibit B of the Agreement is hereby superseded and replaced with Amended Exhibit B attached hereto.
Except to the extent amended hereby, the Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Second Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.
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U.S. BANCORP FUND SERVICES, LLC
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By: /s/ Xxxxxx X. Xxxxxx
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By: /s/ Xxxxxxx X. XxXxx
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Name: Xxxxxx X. Xxxxxx
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Name: Xxxxxxx X. XxXxx
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Title: Chairman
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Title: Senior Vice President
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Amended Exhibit A
to the
Separate Series of GPS Funds II
Name of Series Date Added
GuidePath Strategic Asset Allocation Fund
GuidePath Tactical Constrained Asset Allocation Fund
GuidePath Tactical Unconstrained Asset Allocation Fund
GuidePath Absolute Return Asset Allocation Fund
GuideMark Opportunistic Fixed Income Fund
GuideMark Global Real Return Fund
GuidePath Multi-Asset Income Asset Allocation Fund
GuidePath Fixed Income Allocation Fund
GuidePath Altegris Diversified Alternatives Allocation Fund
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Amended Exhibit B to the Fund Administration Servicing Agreement – GPS Funds II
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GPS Funds I & GPS Funds II – Fund Administration Fee Schedule effective April 1, 2014
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Annual fund administration fee based upon average net assets for the combined trusts:
[ ] basis points on the first $[ ]
[ ] basis points on the next $[ ]
[ ] basis points on the balance
Minimum annual fee: $[ ] for the aggregate of the funds ([ ] funds; assumes a multi-class structure).
The monthly fee that is charged is the greater of the fee based upon assets or the minimum fee.
* The minimum annual fee of $[ ] is waived for each new fund during the first [ ] months of operations. After the first [ ] months, the following tiered minimum annual fee schedule applies during months [ ] through [ ] of operations:
[ ]% of the minimum annual fee in months [ ], [ ] & [ ]
[ ]% of the minimum annual fee in months [ ], [ ] & [ ]
[ ]% of the minimum annual fee in months [ ], [ ] & [ ]
[ ]% of the minimum annual fee in month [ ] and beyond
Chief Compliance Officer Support Services: $[ ] per trust per year.
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Xxxxxxx River:
$[ ] set-up charge (waived)
Annual fee is $[ ] per trust.
Passive foreign investment companies identification annual fee - $[ ] per security submitted for identification.
Wash sales reporting (GainsKeeper) annual fee - $[ ] per fund.
Extraordinary services – quoted separately
Plus out-of-pocket expenses, including, but not limited to:
Postage, Stationery
Programming, Special Reports
Third-party data provider costs
Proxies, Insurance
XXXXX/XBRL filing
Retention of records
Federal and state regulatory filing fees
Certain insurance premiums
Expenses from Board of Trustees meetings
Auditing and legal expenses
Blue Sky conversion expenses (if necessary)
All other out-of-pocket expenses
Fees are calculated pro rata and billed monthly.
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| 3/2014 – GPS Funds II | 3 |
