Amendment to Amended and Restated Investment Sub-Advisory Agreement Between Jackson National Asset Management, LLC and Mellon Capital Management Corporation
EX. 99.28(d)(2)(viii)
Amendment
to Amended and Restated
Xxxxxxx National Asset Management, LLC
and Mellon Capital Management Corporation
This Amendment is made by and between Xxxxxxx National Asset Management, LLC, a Michigan limited liability company and registered investment adviser (“Adviser”), and Mellon Capital Management Corporation, a Delaware corporation and registered investment adviser (“Sub-Adviser”).
Whereas, the Adviser and Sub-Adviser entered into an Amended and Restated Investment Sub-Advisory Agreement effective as of the 1st day of December, 2012, as amended February 20, 2013, April 29, 2013, May 30, 2013, September 16, 2013, December 17, 2013 and June 4, 2014 (“Agreement”), whereby the Adviser appointed the Sub-Adviser to provide certain sub-investment advisory services to certain funds of JNL Variable Fund LLC, as listed on Schedule A to the Agreement.
Whereas, pursuant to the merger of the following fund of JNL Variable Fund LLC into a fund of JNL Series Trust, the Adviser and the Sub-Adviser have agreed to amend Schedule A and Schedule B of the Agreement to remove the fund and its respective fees:
JNL/Mellon Capital NYSE® International 25 Fund.
Now Therefore, in consideration of the mutual covenants herein contained, the parties hereby agree to amend the Agreement as follows:
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1.
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Schedule A to the Agreement is hereby deleted and replaced in its entirety with Schedule A dated September 15, 2014, attached hereto.
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2.
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Schedule B to the Agreement is hereby deleted and replaced in its entirety with Schedule B dated September 15, 2014, attached hereto.
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In Witness Whereof, the Adviser and the Sub-Adviser have caused this Amendment to be executed as of this 10th day of July 2014, effective September 15, 2014.
| Xxxxxxx National Asset Management, LLC |
Mellon Capital Management Corporation
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| By: |
/s/ Xxxx X. Xxxxx
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By: |
/s/ Xxxxx Xxx
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| Name: | Xxxx X. Xxxxx | Name: | Xxxxx Xxx | |
| Title: | President and CEO | Title: | Director | |
Schedule A
Dated September 15, 2014
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Funds
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JNL/Mellon Capital DowSM 10 Fund
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JNL/Mellon Capital Global 15 Fund
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JNL/Mellon Capital 25 Fund
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JNL/Mellon Capital Nasdaq® 25 Fund
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JNL/Mellon Capital Value Line® 30 Fund
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JNL/Mellon Capital S&P® 24 Fund
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JNL/Mellon Xxxxxxx XXX 0 Xxxx
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XXX/Xxxxxx Capital JNL Optimized 5 Fund
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JNL/Mellon Capital S&P® XXxx 60 Fund
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JNL/Mellon Capital Communications Sector Fund
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JNL/Mellon Capital Consumer Brands Sector Fund
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JNL/Mellon Capital Financial Sector Fund
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JNL/Mellon Capital Healthcare Sector Fund
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JNL/Mellon Capital Oil & Gas Sector Fund
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JNL/Mellon Capital Technology Sector Fund
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A-1
Schedule B
Dated September 15, 2014
(Compensation)
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JNL/Mellon Capital DowSM 10 Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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JNL/Mellon Capital Global 15 Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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JNL/Mellon Capital 25 Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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JNL/Mellon Capital Nasdaq® 25 Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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B-1
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JNL/Mellon Capital Value Line® 30 Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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JNL/Mellon Capital S&P® 24 Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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JNL/Mellon Capital JNL 5 Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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JNL/Mellon Capital JNL Optimized 5 Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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B-2
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JNL/Mellon Capital S&P® XXxx 60 Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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JNL/Mellon Capital Communications Sector Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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JNL/Mellon Capital Consumer Brands Sector Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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JNL/Mellon Capital Financial Sector Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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B-3
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JNL/Mellon Capital Healthcare Sector Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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JNL/Mellon Capital Oil & Gas Sector Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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JNL/Mellon Capital Technology Sector Fund
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Average Daily Net Assets
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Annual Rate
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First $50 million
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0.09%
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Next $50 million
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0.06%
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$100 to $750 million
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0.03%
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Amounts over $750 Million
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0.015%
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B-4
