Addendum to Management Agreement between Lord Abbett Securities Trust and Lord, Abbett & Co. LLC Dated January 18, 2019
Exhibit 99.(d)(xv)
Addendum to Management Agreement
between Lord Xxxxxx Securities Trust and
Lord, Xxxxxx & Co. LLC
Dated January 18, 2019
Lord, Xxxxxx & Co. LLC and Lord Xxxxxx Securities Trust on behalf of its series, Lord Xxxxxx Focused Growth (the “Fund”), do hereby agree that, effective as of the Fund’s commencement of operations, the annual management fee rate for the Fund with respect to paragraph 2 of the Management Agreement dated May 19, 1993 (the “Agreement”) shall be as follows:
0.65% on the first $1 billion of average daily net assets; and
0.63% on the next $1 billion of average daily net assets; and
0.60% on the next $5 billion of average daily net assets; and
0.59% on the Fund’s average daily net assets over $7 billion.
For purposes of Section 15 (a) of the Investment Company Act of 1940, as amended, this Addendum and the Agreement shall together constitute the investment advisory contract of the Fund.
Lord Xxxxxx Securities Trust | ||
By: | /s/ Xxxx X. Xxxxxxxxxx | |
Xxxx X. Xxxxxxxxxx | ||
Vice President and Assistant Secretary | ||
Lord, Xxxxxx & Co. LLC | ||
By: | /s/ Xxxxxxxx X. Xxxxxxx | |
Xxxxxxxx X. Xxxxxxx | ||
Member and General Counsel |