SCHEDULE A TO THE EXPENSE LIMITATION AGREEMENT DATED MAY 1, 2021 BETWEEN VICTORY PORTFOLIOS II AND VICTORY CAPITAL MANAGEMENT INC. OPERATING EXPENSE LIMITS AS OF JUNE 1, 2021
SCHEDULE A
TO THE EXPENSE LIMITATION AGREEMENT DATED MAY 1, 2021
BETWEEN
VICTORY PORTFOLIOS II AND VICTORY CAPITAL MANAGEMENT INC.
OPERATING EXPENSE LIMITS AS OF JUNE 1, 2021
|
Fund/Class |
Maximum Operating Expense Limit |
Date of Termination |
Effective Date of Waiver |
|
Victory US 500 Enhanced Volatility Wtd Index Fund |
|
|
|
|
Class A |
0.99% |
October 31, 2021 |
November 1, 2020 |
|
Class C |
1.74% |
October 31, 2021 |
November 1, 2020 |
|
Class I |
0.74% |
October 31, 2021 |
November 1, 2020 |
|
|
|
|
|
|
Victory Market Neutral Income Fund |
|
|
|
|
Class A |
0.75% |
October 31, 20221 |
November 1, 2020 |
|
Class C |
1.50% |
October 31, 2021 |
November 1, 2020 |
|
Class I |
0.40% |
October 31, 2021 |
November 1, 2020 |
|
Member Class |
0.55% |
October 31, 2021 |
June 10, 2020 |
|
|
|
|
|
|
VictoryShares US 500 Volatility Wtd ETF |
0.35% |
October 31, 20221 |
November 1, 2020 |
|
VictoryShares US Discovery Enhanced Volatility Wtd ETF
|
0.35% |
October 31, 2021 |
November 1, 2020 |
|
VictoryShares US 500 Enhanced Volatility Wtd ETF
|
0.35% |
October 31, 2021 |
November 1, 2020 |
|
VictoryShares Developed Enhanced Volatility Wtd ETF
|
0.45% |
October 31, 2021 |
November 1, 2020 |
|
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
|
0.35% |
October 31, 2021 |
November 1, 2020 |
|
VictoryShares US Small Cap Volatility Wtd ETF
|
0.35% |
October 31, 2021 |
November 1, 2020 |
|
VictoryShares International Volatility Wtd ETF
|
0.45% |
October 31, 2021 |
November 1, 2020 |
|
VictoryShares US Large Cap High Div Volatility Wtd ETF
|
0.35% |
October 31, 2021 |
November 1, 2020 |
|
VictoryShares US Small Cap High Div Volatility Wtd ETF
|
0.35% |
October 31, 2021 |
November 1, 2020 |
|
VictoryShares International High Div Volatility Wtd ETF
|
0.45% |
October 31, 2021 |
November 1, 2020 |
|
VictoryShares Emerging Market High Div Volatility Wtd ETF
|
0.50% |
October 31, 2021 |
November 1, 2020 |
|
VictoryShares Dividend Accelerator ETF
|
0.35% |
October 31, 2021 |
November 1, 2020 |
|
VictoryShares US Multi-Factor Minimum Volatility ETF
|
0.35% |
October 31, 2021 |
November 1, 2020 |
|
VictoryShares USAA Core Intermediate-Term Bond ETF |
0.40% |
October 31, 2021 |
November 1, 2020 |
|
VictoryShares USAA Core Short-Term Bond ETF |
0.35% |
October 31, 2021 |
November 1, 2020 |
|
VictoryShares USAA MSCI Emerging Markets Value Momentum ETF |
0.45% |
October 31, 2021 |
November 1, 2020 |
|
VictoryShares USAA MSCI International Value Momentum ETF |
0.35% |
October 31, 2021 |
November 1, 2020 |
|
VictoryShares USAA MSCI USA Small Cap Value Momentum ETF |
0.25% |
October 31, 2021 |
November 1, 2020 |
|
VictoryShares USAA MSCI USA Value Momentum ETF |
0.20% |
October 31, 2021 |
November 1, 2020 |
|
VictoryShares Nasdaq Next 50 ETF |
0.18% |
May 30, 2022 |
August 25, 2020 |
|
VictoryShares Top Veteran Employers ETF |
0.60% |
November 2, 2021 |
June 18, 2020 |
|
VictoryShares Defend America ETF |
0.60% |
November 2, 2021 |
June 18, 2020 |
|
VictoryShares ESG Core Plus Bond ETF* |
0.40% |
October 31, 2022 |
June 1, 2021 |
|
VictoryShares ESG Corporate Bond ETF* |
0.40% |
October 31, 2022 |
June 1, 2021 |
|
VictoryShares THB Mid Cap ESG ETF* |
0.55% |
October 31, 2022 |
June 1, 2021 |
* Pending Launch
(Maximum Operating Expense Limit excluding acquired fund fees and expenses and certain other items such as interest, taxes and brokerage commissions)
B-1
