AMENDMENT NO. 17 TO THE INVESTMENT MANAGEMENT AGREEMENT
(d)(1)(i)(A)(xviii)
AMENDMENT NO. 17
TO THE
INVESTMENT MANAGEMENT AGREEMENT
AMENDMENT NO. 17 effective as of January 1, 2016 (“Amendment No. 17”), to the Investment Management Agreement, dated as of May 1, 2011, as amended (“Agreement”), between EQ Advisors Trust, a Delaware statutory trust (the “Trust”), and AXA Equitable Funds Management Group, LLC, a limited liability company organized in the State of Delaware (“FMG LLC” or “Manager”).
WHEREAS, FMG LLC and the Trust desire to modify the fees paid with respect to the EQ/Real Estate PLUS Portfolio and change the name of the Portfolio.
NOW THEREFORE, the Trust and FMG LLC agree to modify and amend the Agreement as follows:
1. | Name Change: Effective February 22, 2016, the name of the EQ/Real Estate PLUS Portfolio is changed to AXA Real Estate Portfolio. |
2. | Appendix B: Appendix B to the Agreement, which sets forth the fees payable to FMG LLC with respect to each Portfolio is hereby replaced in its entirety by Appendix B attached hereto. |
Except as modified and amended hereby, the Agreement is hereby ratified and confirmed in full force and effect in accordance with its terms.
IN WITNESS WHEREOF, the parties have executed and delivered this Amendment No. 17 as of the date first above set forth.
EQ ADVISORS TRUST | AXA EQUITABLE FUNDS MANAGEMENT GROUP, LLC | |||||||
By: | /s/ Xxxxx Xxxxx |
By: | /s/ Xxxxxx X. Xxxxx | |||||
Xxxxx Xxxxx | Xxxxxx X. Xxxxx | |||||||
Chief Financial Officer and Treasurer | Chairman, Chief Executive Officer and President |
APPENDIX A
AMENDMENT NO. 17 TO
INVESTMENT MANAGEMENT AGREEMENT
Portfolios
(d)(1)(i)(A)(xviii)
APPENDIX B
AMENDMENT NO. XX TO
INVESTMENT MANAGEMENT AGREEMENT
The Trust shall pay the Manager, at the end of each calendar month, compensation computed daily at an annual rate equal to the following:
(as a percentage of average daily net assets)
Index Portfolios |
First $2 Billion |
Next $4 Billion |
Next $3 Billion |
Next $2 Billion |
Thereafter | |||||||||||||||
AXA Natural Resources |
0.500 | % | 0.490 | % | 0.470 | % | 0.460 | % | 0.450 | % | ||||||||||
AXA Real Estate (formerly, EQ/Real Estate PLUS) |
0.500 | % | 0.490 | % | 0.470 | % | 0.460 | % | 0.450 | % | ||||||||||
EQ/Xxxxxxx Socially Responsible |
0.500 | % | 0.490 | % | 0.470 | % | 0.460 | % | 0.450 | % | ||||||||||
EQ/Common Stock Index |
0.350 | % | 0.340 | % | 0.320 | % | 0.310 | % | 0.300 | % | ||||||||||
EQ/Core Bond Index |
0.350 | % | 0.340 | % | 0.320 | % | 0.310 | % | 0.300 | % | ||||||||||
EQ/Equity 500 Index |
0.250 | % | 0.240 | % | 0.220 | % | 0.210 | % | 0.200 | % | ||||||||||
EQ/Intermediate Government Bond |
0.350 | % | 0.340 | % | 0.320 | % | 0.310 | % | 0.300 | % | ||||||||||
EQ/International Equity Index |
0.400 | % | 0.390 | % | 0.370 | % | 0.360 | % | 0.350 | % | ||||||||||
EQ/Large Cap Growth Index |
0.350 | % | 0.340 | % | 0.320 | % | 0.310 | % | 0.300 | % | ||||||||||
EQ/Large Cap Value Index |
0.350 | % | 0.340 | % | 0.320 | % | 0.310 | % | 0.300 | % | ||||||||||
EQ/Mid Cap Index |
0.350 | % | 0.340 | % | 0.320 | % | 0.310 | % | 0.300 | % | ||||||||||
EQ/Small Company Index |
0.250 | % | 0.240 | % | 0.220 | % | 0.210 | % | 0.200 | % |
(as a percentage of average daily net assets)
ETF Portfolio |
First $2 Billion |
Next $4 Billion |
Next $3 Billion |
Next $2 Billion |
Thereafter | |||||||||||||||
EQ/Energy ETF |
0.500 | % | 0.490 | % | 0.470 | % | 0.460 | % | 0.450 | % | ||||||||||
EQ/Low Volatility Global ETF |
0.500 | % | 0.490 | % | 0.470 | % | 0.460 | % | 0.450 | % |
(as a percentage of average daily net assets)
Money Market Portfolio |
First $750 Million |
Next $750 Million |
Next $1 Billion |
Next $2.5 Billion |
Thereafter | |||||||||||||||
EQ/Money Market |
0.350 | % | 0.325 | % | 0.280 | % | 0.270 | % | 0.250 | % |
(as a percentage of average daily net assets)
Equity Portfolios |
First $1 Billion |
Next $1 Billion |
Next $3 Billion |
Next $5 Billion |
Thereafter | |||||||||||||||
AXA/Franklin Small Cap Value Managed Volatility |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | ||||||||||
AXA Global Equity Managed Volatility |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | ||||||||||
AXA SmartBeta Equity |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | ||||||||||
AXA/AB Dynamic Growth |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | ||||||||||
AXA/AB Dynamic Moderate Growth |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | ||||||||||
AXA/Franklin Balanced Managed Volatility |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | ||||||||||
AXA/Xxxxxxx Xxxxx Strategic Allocation |
0.800 | % | 0.750 | % | 0.725 | % | 0.700 | % | 0.675 | % | ||||||||||
AXA/Invesco Strategic Allocation |
0.800 | % | 0.750 | % | 0.725 | % | 0.700 | % | 0.675 | % | ||||||||||
AXA/Xxxx Xxxxx Strategic Allocation |
0.800 | % | 0.750 | % | 0.725 | % | 0.700 | % | 0.675 | % | ||||||||||
AXA/Mutual Large Cap Equity Managed Volatility |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | ||||||||||
AXA/Xxxxxxxxx Global Equity Managed Volatility |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | ||||||||||
EQ/BlackRock Basic Value Equity |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | ||||||||||
EQ/Capital Guardian Research |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | ||||||||||
EQ/Invesco Xxxxxxxx |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | ||||||||||
EQ/JPMorgan Value Opportunities |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | ||||||||||
EQ/Xxxxxx Xxxxxxx Mid Cap Growth |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | ||||||||||
EQ/Xxxxxxxxxxx Global |
0.950 | % | 0.900 | % | 0.875 | % | 0.850 | % | 0.825 | % | ||||||||||
EQ/Xxxxx Fargo Omega Growth |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % |
(as a percentage of average daily net assets)
Equity Portfolios |
First $2 Billion |
Next $1 Billion |
Next $3 Billion |
Next $5 Billion |
Thereafter | |||||||||||||||
AXA/AB Small Cap Growth |
0.550 | % | 0.500 | % | 0.475 | % | 0.450 | % | 0.425 | % | ||||||||||
AXA/Horizon Small Cap Value |
0.800 | % | 0.750 | % | 0.725 | % | 0.700 | % | 0.675 | % | ||||||||||
AXA/Lord Xxxxxx Micro Cap |
0.850 | % | 0.800 | % | 0.775 | % | 0.750 | % | 0.725 | % | ||||||||||
AXA/Xxxxxx Xxxxxxx Small Cap Growth |
0.800 | % | 0.750 | % | 0.725 | % | 0.700 | % | 0.675 | % | ||||||||||
AXA/Pacific Global Small Cap Value |
0.800 | % | 0.750 | % | 0.725 | % | 0.700 | % | 0.675 | % | ||||||||||
Multimanager Aggressive Equity |
0.580 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | ||||||||||
Multimanager Mid Cap Growth |
0.800 | % | 0.750 | % | 0.725 | % | 0.700 | % | 0.675 | % | ||||||||||
Multimanager Mid Cap Value |
0.800 | % | 0.750 | % | 0.725 | % | 0.700 | % | 0.675 | % | ||||||||||
Multimanager Technology |
0.950 | % | 0.900 | % | 0.875 | % | 0.850 | % | 0.825 | % |
(as a percentage of average daily net assets)
PLUS Portfolios |
First $2 Billion |
Next $1 Billion |
Next $3 Billion |
Next $5 Billion |
Thereafter | |||||||||||||||
AXA International Core Managed Volatility |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | ||||||||||
AXA International Value Managed Volatility |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | ||||||||||
AXA Large Cap Core Managed Volatility |
0.500 | % | 0.450 | % | 0.425 | % | 0.400 | % | 0.375 | % | ||||||||||
AXA Large Cap Growth Managed Volatility |
0.500 | % | 0.450 | % | 0.425 | % | 0.400 | % | 0.375 | % | ||||||||||
AXA Large Cap Value Managed Volatility |
0.500 | % | 0.450 | % | 0.425 | % | 0.400 | % | 0.375 | % | ||||||||||
AXA Mid Cap Value Managed Volatility |
0.550 | % | 0.500 | % | 0.475 | % | 0.450 | % | 0.425 | % | ||||||||||
EQ/Emerging Markets Equity PLUS |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % |
(as a percentage of average daily net assets)
PLUS Portfolios |
First $2 Billion |
Next $4 Billion |
Next $3 Billion |
Next $2 Billion |
Thereafter | |||||||||||||||
EQ/Global Bond PLUS |
0.550 | % | 0.530 | % | 0.510 | % | 0.490 | % | 0.480 | % | ||||||||||
EQ/Quality Bond PLUS |
0.400 | % | 0.380 | % | 0.360 | % | 0.340 | % | 0.330 | % | ||||||||||
Multimanager Core Bond |
0.550 | % | 0.530 | % | 0.510 | % | 0.490 | % | 0.480 | % |
(as a percentage of average daily net assets)
Fixed Income Portfolios |
First $2 Billion |
Next $2 Billion |
Thereafter | |||||||||
AXA/AB Short Duration Government Bond |
0.450 | % | 0.430 | % | 0.410 | % |
(as a percentage of average daily net assets)
Fixed Income Portfolios |
First $2 Billion |
Next $4 Billion |
Next $3 Billion |
Next $2 Billion |
Thereafter | |||||||||||||||
EQ/Convertible Securities |
0.700 | % | 0.680 | % | 0.660 | % | 0.640 | % | 0.630 | % | ||||||||||
EQ/High Yield Bond |
0.600 | % | 0.580 | % | 0.560 | % | 0.540 | % | 0.530 | % |
(as a percentage of average daily net assets)
Fixed Income Portfolio |
First $750 Million |
Next $750 Million |
Next $1 Billion |
Next $2.5 Billion |
Thereafter | |||||||||||||||
EQ/PIMCO Global Real Return |
0.600 | % | 0.575 | % | 0.550 | % | 0.530 | % | 0.520 | % |
(as a percentage of average daily net assets)
Fixed Income Portfolio |
First $750 Million |
Next $750 Million |
Next $1 Billion |
Next $2.5 Billion |
Thereafter | |||||||||||||||
AXA/DoubleLine Opportunistic Core Plus Bond |
0.600 | % | 0.575 | % | 0.550 | % | 0.530 | % | 0.520 | % |
(as a percentage of average daily net assets)
Tactical Portfolios |
First $2 Billion |
Next $4 Billion |
Next $3 Billion |
Next $2 Billion |
Thereafter | |||||||||||||||
ATM International Managed Volatility |
0.450 | % | 0.430 | % | 0.410 | % | 0.400 | % | 0.390 | % | ||||||||||
ATM Large Cap Managed Volatility |
0.450 | % | 0.430 | % | 0.410 | % | 0.400 | % | 0.390 | % | ||||||||||
ATM Mid Cap Managed Volatility |
0.450 | % | 0.430 | % | 0.410 | % | 0.400 | % | 0.390 | % | ||||||||||
ATM Small Cap Managed Volatility |
0.450 | % | 0.430 | % | 0.410 | % | 0.400 | % | 0.390 | % | ||||||||||
AXA 2000 Managed Volatility |
0.450 | % | 0.430 | % | 0.410 | % | 0.400 | % | 0.390 | % | ||||||||||
AXA 400 Managed Volatility |
0.450 | % | 0.430 | % | 0.410 | % | 0.400 | % | 0.390 | % | ||||||||||
AXA 500 Managed Volatility |
0.450 | % | 0.430 | % | 0.410 | % | 0.400 | % | 0.390 | % | ||||||||||
AXA International Managed Volatility |
0.450 | % | 0.430 | % | 0.410 | % | 0.400 | % | 0.390 | % |