April 29, 2005
Exhibit 99.B(d)(2)(F)(ii)
April 29, 2005
Xxxx Xxxxxx
Senior Vice President
Capital Guardian Trust Company
One Market, Xxxxxxx Tower, Suite 1800
San Francisco, CA 94105-1409
Dear Xx. Xxxxxx:
Pursuant to Sections 6 and 17 of the Portfolio Management Agreement dated January 28, 2000, as amended, among ING Investors Trust, Directed Services, Inc. and Capital Guardian Trust Company (the “Agreement”) we hereby modify the fees payable to the Portfolio Manager for ING Capital Guardian U.S. Equities Portfolio (formerly ING Capital Guardian Large Cap Value Portfolio) (the “Portfolio”), effective April 29, 2005.
Upon your acceptance, the Agreement will be modified to reflect the fee changes to the annual portfolio management fees for the Portfolio as indicated on Amended Schedule B of the Agreement. The Amended Schedule B, with the annual portfolio management fees indicated for the Portfolio, is attached hereto.
Please signify your acceptance of the modified fees under the Agreement with respect to the Portfolio by signing below.
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Very sincerely, |
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/s/ Xxxxxx X. Xxxx |
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Xxxxxx X. Xxxx |
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Senior Vice President |
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ACCEPTED AND AGREED TO: |
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Capital Guardian Trust Company |
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By: |
/s/ Xxxxxxxx X. Xxxxxxx |
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Name: |
Xxxxxxxx X. Xxxxxxx |
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Title: |
Asst. Vice President , Duly Authorized |
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0000 X. Xxxxxxxxxx Xxxxx Xx. |
Tel: 000-000-0000 |
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Scottsdale, AZ 00000-0000 |
Fax: 000-000-0000 |
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xxx.xxxxxxxx.xxx |
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AMENDED SCHEDULE B
COMPENSATION FOR SERVICES TO SERIES
For the services provided by Capital Guardian Trust Company (the “Portfolio Manager”) to the following Series of ING Investors Trust, pursuant to the attached Portfolio Management Agreement, the Manager will pay the Portfolio Manager a fee, computed daily and payable monthly, based on the average daily net assets of the Series at the following annual rates of the average daily net assets of the Series:
Series |
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Fees |
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ING Capital Guardian U.S. Equities Portfolio |
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0.50% on first $150 million; |
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ING Capital Guardian Managed Global Portfolio |
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0.60% on first $125 million; |
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ING Capital Guardian Small Cap Portfolio |
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0.60% on first $125 million; |