Amendment to Investment Advisory and Management Agreement between Curian Variable Series Trust and Curian Capital, LLC

EX 99.28 (d)(1)(xiii)

Amendment to

Investment Advisory and Management Agreement between

Curian Variable Series Trust and Curian Capital, LLC

This Amendment is made by and between Curian Variable Series Trust, a Massachusetts business trust (“Trust”), and Curian Capital, LLC, a Michigan limited liability company (“Adviser”).

Whereas, the Trust and the Adviser are parties to an Investment Advisory and Management Agreement dated December 19, 2011, as amended (“Agreement”), whereby the Adviser agreed to serve as the investment adviser and business manager for the Funds of the Trust.

Whereas, the parties have agreed to amend Schedule A, Schedule B, and Schedule C of the Agreement to add the following new Fund (“New Fund”), to add the New Fund’s fee schedule, to add the New Fund’s Subsidiary, to amend the name of the following existing Fund (“Fund Name Change”), and to remove the Curian/The Boston Company Multi-Alpha Market Neutral Equity Fund:

New Fund (effective April 28, 2014)

1)      Curian/Xxxxxxxxx Xxxxxx Risk Balanced Commodity Strategy Fund;

New Fund’s Subsidiary (effective April 28, 2014)

1)      Curian/Xxxxxxxxx Xxxxxx Risk Balanced Commodity Strategy Fund Ltd.; and

Fund Name Change (effective April 28, 2014)

1)      From: Curian/Urdang International REIT Fund

  To: Curian/CenterSquare International REIT Fund.

Now Therefore, the parties hereto agree to amend the Agreement as follows:

1.  Schedule A to the Agreement is hereby deleted and replaced in its entirety with Schedule A attached hereto.

2.  Schedule B to the Agreement is hereby deleted and replaced in its entirety with Schedule B attached hereto.

3.  Schedule C to the Agreement is hereby deleted and replaced in its entirety with Schedule C attached hereto.

4.  Except as specifically amended hereby, the Agreement shall remain in full force and effect in accordance with its terms.

In Witness Whereof, the Adviser and the Trust have caused this Amendment to be executed as of February 26, 2014 effective as of April 28, 2014.  This Amendment may be executed in two or more counterparts, which together shall constitute one document.

Curian Variable Series Trust			Curian Capital, LLC
By:	/s/ Xxxxxx X. Xxxxx		By:	/s/ Xxxxxxx X. Xxxx
Name:	Xxxxxx  X. Xxxxx		Name:	Xxxxxxx X. Xxxx
Title:	Assistant Secretary		Title:	President and Chief Executive Officer

Schedule A

Dated: April 28, 2014

 (List of Funds)

Funds

Curian Guidance – Interest Rate Opportunities Fund

Curian Guidance – Multi-Strategy Income Fund

Curian Guidance – Equity Income Fund

Curian Guidance – Conservative Fund

Curian Guidance – Moderate Fund

Curian Guidance – Growth Fund

Curian Guidance – Moderate Growth Fund

Curian Guidance – Maximum Growth Fund

Curian Guidance – Tactical Moderate Growth Fund

Curian Guidance – Tactical Maximum Growth Fund

Curian Guidance – Institutional Alt 65 Fund

Curian Guidance – Institutional Alt 100 Conservative Fund

Curian Guidance – Institutional Alt 100 Moderate Fund

Curian Guidance – Institutional Alt 100 Growth Fund

Curian Guidance – International Opportunities Conservative Fund

Curian Guidance – International Opportunities Moderate Fund

Curian Guidance – International Opportunities Growth Fund

Curian Guidance – Equity 100 Fund

Curian Guidance – Fixed Income 100 Fund

Curian Guidance – Real Assets Fund

Curian Tactical Advantage 35 Fund

Curian Tactical Advantage 60 Fund

Curian Tactical Advantage 75 Fund

Curian Dynamic Risk Advantage – Diversified Fund

Curian Dynamic Risk Advantage – Growth Fund

Curian Dynamic Risk Advantage – Income Fund

Curian/Aberdeen Latin America Fund

Curian/American Funds® Global Growth Fund

Curian/American Funds® Growth Fund

Curian/AQR Risk Parity Fund

Curian/Xxxxxxx Emerging Market Small Cap Equity Fund

Curian/Baring International Fixed Income Fund

Curian/BlackRock Global Long Short Credit Fund

Curian/CenterSquare International REIT Fund

Curian/DFA U.S. Micro Cap Fund

Curian/DoubleLine Total Return Fund

Curian/Xxxxx Xxxxx Global Macro Absolute Return Advantage Fund

Curian/Epoch Global Shareholder Yield Fund

Curian/FAMCO Flex Core Covered Call Fund

Curian Focused International Equity Fund

Curian Focused U.S. Equity Fund

Curian/Franklin Xxxxxxxxx Frontier Markets Fund

Curian/Franklin Xxxxxxxxx Natural Resources Fund

Curian/Lazard International Strategic Equity Fund

Curian Long Short Credit Fund

Curian/Xxxxxxxxx Xxxxxx Currency Fund

Curian/Xxxxxxxxx Xxxxxx Risk Balanced Commodity Strategy Fund

Curian/Xxxxxxxx Convertible Arbitrage Fund

A-1

Funds

Curian/PIMCO Credit Income Fund

Curian/PineBridge Merger Arbitrage Fund

Curian/Xxxxxxxx Emerging Europe Fund

Curian/The Boston Company Equity Income Fund

Curian/X. Xxxx Price Capital Appreciation Fund

Curian/UBS Global Long Short Fixed Income Opportunities Fund

Curian/Xxx Xxx International Gold Fund

A-2

Schedule B

Dated: April 28, 2014

 (Compensation)

Fund	Assets	Advisory Fee (Annual Rate Based on Average Net Assets of the Fund)
Curian Guidance – Interest Rate Opportunities Fund	$0 to $500 million Over $500 million	.15% .10%
Curian Guidance – Multi-Strategy Income Fund	$0 to $500 million Over $500 million	.15% .10%
Curian Guidance – Equity Income Fund	$0 to $500 million Over $500 million	.15% .10%
Curian Guidance – Conservative Fund	$0 to $500 million Over $500 million	.15% .10%
Curian Guidance – Moderate Fund	$0 to $500 million Over $500 million	.15% .10%
Curian Guidance – Growth Fund	$0 to $500 million Over $500 million	.15% .10%
Curian Guidance – Moderate Growth Fund	$0 to $500 million Over $500 million	.15% .10%
Curian Guidance – Maximum Growth Fund	$0 to $500 million Over $500 million	.15% .10%
Curian Guidance – Tactical Moderate Growth Fund	$0 to $500 million Over $500 million	.15% .10%
Curian Guidance – Tactical Maximum Growth Fund	$0 to $500 million Over $500 million	.15% .10%
Curian Guidance – Institutional Alt 65 Fund	$0 to $500 million Over $500 million	.15% .10%
Curian Guidance – Institutional Alt 100 Conservative Fund	$0 to $500 million Over $500 million	.15% .10%
Curian Guidance – Institutional Alt 100 Moderate Fund	$0 to $500 million Over $500 million	.15% .10%
Curian Guidance – Institutional Alt 100 Growth Fund	$0 to $500 million Over $500 million	.15% .10%
Curian Guidance – International Opportunities Conservative Fund	$0 to $500 million Over $500 million	.15% .10%
Curian Guidance – International Opportunities Moderate Fund	$0 to $500 million Over $500 million	.15% .10%
Curian Guidance – International Opportunities Growth Fund	$0 to $500 million Over $500 million	.15% .10%
Curian Guidance – Equity 100 Fund	$0 to $500 million Over $500 million	.15% .10%
Curian Guidance – Fixed Income 100 Fund	$0 to $500 million Over $500 million	.15% .10%
Curian Guidance – Real Assets Fund	$0 to $500 million Over $500 million	.15% .10%
Curian Tactical Advantage 35 Fund	$0 to $1 billion Over $1 billion	.75% .70%
Curian Tactical Advantage 60 Fund	$0 to $1 billion Over $1 billion	.75% .70%

B-1

Fund	Assets	Advisory Fee (Annual Rate Based on Average Net Assets of the Fund)
Curian Tactical Advantage 75 Fund	$0 to $1 billion Over $1 billion	.75% .70%
Curian Dynamic Risk Advantage – Diversified Fund	$0 to $1 billion Over $1 billion	.85% .80%
Curian Dynamic Risk Advantage – Growth Fund	$0 to $1 billion Over $1 billion	.85% .80%
Curian Dynamic Risk Advantage – Income Fund	$0 to $1 billion Over $1 billion	.85% .80%
Curian/Aberdeen Latin America Fund	$0 to $1 billion Over $1 billion	1.35% 1.30%
Curian/American Funds® Global Growth Fund	$0 to $1 billion Over $1 billion	.80% .75%
Curian/American Funds® Growth Fund	$0 to $1 billion Over $1 billion	.85% .80%
Curian/AQR Risk Parity Fund	$0 to $1 billion Over $1 billion	.85% .80%
Curian/Xxxxxxx Emerging Market Small Cap Equity Fund	$0 to $1 billion Over $1 billion	1.10% 1.05%
Curian/Baring International Fixed Income Fund	$0 to $1 billion Over $1 billion	.60% .55%
Curian/BlackRock Global Long Short Credit Fund	$0 to $1 billion Over $1 billion	.95% .90%
Curian/CenterSquare International REIT Fund	$0 to $1 billion Over $1 billion	.80% .75%
Curian/DFA U.S. Micro Cap Fund	$0 to $1 billion Over $1 billion	.80% .75%
Curian/DoubleLine Total Return Fund	$0 to $1 billion Over $1 billion	.50% .45%
Curian/Xxxxx Xxxxx Global Macro Absolute Return Advantage Fund	$0 to $1 billion Over $1 billion	.95% .90%
Curian/Epoch Global Shareholder Yield Fund	$0 to $1 billion Over $1 billion	.70% .65%
Curian/FAMCO Covered Call Fund	$0 to $1 billion Over $1 billion	.60% .55%
Curian Focused International Equity Fund	$0 to $1 billion Over $1 billion	.80% .75%
Curian Focused U.S. Equity Fund	$0 to $1 billion Over $1 billion	.70% .65%
Curian/Franklin Xxxxxxxxx Frontier Markets Fund	$0 to $1 billion Over $1 billion	1.40% 1.35%
Curian/Franklin Xxxxxxxxx Natural Resources Fund	$0 to $1 billion Over $1 billion	.80% .75%
Curian/Lazard International Strategic Equity Fund	$0 to $1 billion Over $1 billion	.80% .75%
Curian Long Short Credit Fund	$0 to $1 billion Over $1 billion	.95% .90%
Curian/Xxxxxxxxx Xxxxxx Currency Fund	$0 to $1 billion Over $1 billion	.70% .65%

B-2

Fund	Assets	Advisory Fee (Annual Rate Based on Average Net Assets of the Fund)
Curian/Xxxxxxxxx Xxxxxx Risk Balanced Commodity Strategy Fund	$0 to $1 billion Over $1 billion	.60% .55%
Curian/Xxxxxxxx Convertible Arbitrage Fund	$0 to $1 billion Over $1 billion	.85% .80%
Curian/PIMCO Credit Income Fund	$0 to $1 billion Over $1 billion	.40% .35%
Curian/PineBridge Merger Arbitrage Fund	$0 to $1 billion Over $1 billion	.85% .80%
Curian/Xxxxxxxx Emerging Europe Fund	$0 to $1 billion Over $1 billion	1.10% 1.05%
Curian/The Boston Company Equity Income Fund	$0 to $1 billion Over $1 billion	.55% .50%
Curian/X. Xxxx Price Capital Appreciation Fund	$0 to $1 billion Over $1 billion	.70% .65%
Curian/UBS Global Long Short Fixed Income Opportunities Fund	$0 to $1 billion Over $1 billion	.95% .90%
Curian/Xxx Xxx International Gold Fund	$0 to $1 billion Over $1 billion	.80% .75%

B-3

Schedule C

Dated April 28, 2014

(List of Adviser’s Investment Advisory Agreements with Funds’ Subsidiaries)

Funds	Subsidiaries*
Curian/AQR Risk Parity Fund	Curian/AQR Risk Parity Fund Ltd.
Curian/Xxxxxxxxx Xxxxxx Risk Balanced Commodity Strategy Fund	Curian/ Xxxxxxxxx Xxxxxx Risk Balanced Commodity Strategy Fund Ltd.
Curian/Xxx Xxx International Gold Fund	Curian/Xxx Xxx International Gold Fund Ltd.

* The Adviser has entered into an Investment Advisory Agreement with each subsidiary – which is wholly owned by the Fund listed opposite its name – pursuant to which the subsidiary is obligated to pay an investment advisory fee to the Adviser based on the same formula as set forth in Schedule B for its parent Fund.

C-1