January 20, 2017 Mr. Todd Modic Senior Vice President Voya Investments, LLC Suite 100 Scottsdale, AZ 85258 Dear Mr. Modic:
(d)(1)(v)
January 20, 2017
Xx. Xxxx Xxxxx
Senior Vice President
Voya Investments, LLC
0000 Xxxx Xxxxxxxxxx Xxxxx Xxxx
Suite 100
Scottsdale, AZ 85258
Dear Xx. Xxxxx:
Pursuant to the Investment Management Agreement, dated November 18, 2014, as amended and restated on May 1, 2015, as amended, between Voya Mutual Funds (“VMF”) and Voya Investments, LLC (the “Agreement”), we hereby notify you of our intention to modify the annual investment management fee for Voya Multi-Manager International Factors Fund (formerly, Voya International Core Fund, the “Fund”), a series of VMF, effective as of the close of business on January 20, 2017, upon all of the terms and conditions set forth in the Agreement.
Upon your acceptance, the Agreement will be modified to give effect to the foregoing by amending the Amended Schedule A of the Agreement. The Amended Schedule A, which indicates the modified annual investment management fee for the Fund, is attached hereto.
Please signify your acceptance to the modified annual investment management fee for the aforementioned Fund by signing below.
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Very sincerely, | |
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By: |
/s/ Xxxxxxxx X. Xxxxxxxx | |
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Xxxxxxxx X. Xxxxxxxx | |
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Senior Vice President | |
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ACCEPTED AND AGREED TO: |
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Voya Investments, LLC |
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By: |
/s/ Xxxx Xxxxx |
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Name: |
Xxxx Xxxxx |
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Title: |
Senior Vice President, Xxxx Authorized |
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AMENDED SCHEDULE A
with respect to the
AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT
between
and
VOYA INVESTMENTS LLC
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Series |
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Effective Date |
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Annual Investment Management Fee |
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Voya Diversified Emerging Markets Debt Fund |
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May 1, 2015 |
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0.800% on all assets |
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Voya Diversified International Fund |
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May 1, 2015 |
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Direct Investments(1) |
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Voya Emerging Markets Equity Dividend Fund |
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May 1, 2015 |
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1.100% on the first $100 million of assets; 1.000% on the next $150 million of assets; and |
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Voya Global Bond Fund |
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May 1, 2015 |
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0.500% on all assets |
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Voya Global Corporate Leaders® 100 Fund |
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December 5, 2016 |
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0.500% on all assets |
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Voya Global Equity Dividend Fund |
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May 1, 2015 |
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0.800% on the first $500 million of assets; 0.780% on the next $500 million of assets; and |
(1) “Direct Investments” shall mean assets which are not Underlying Funds.
(2) “Underlying Funds” shall mean open-end investment companies registered under the 1940 Act within the Voya family of funds. The phrase “family of funds” shall have the same meaning as “fund complex” as defined in Item 17 of Form N-1A, as it was in effect on May 1, 2015.
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Series |
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Effective Date |
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Annual Investment Management Fee |
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Voya Global Equity Fund (formerly, Voya Global Value Advantage Fund) |
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Close of business on May 22, 2015 |
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0.950% on the first $500 million of assets; 0.900% on the next $500 million of assets; and |
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Voya Global High Dividend Low Volatility Fund |
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December 5, 2016 |
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0.500% on all assets |
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Voya Global Perspectives® Fund |
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May 1, 2015 |
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Direct Investments(1) |
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Voya Global Real Estate Fund |
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May 1, 2015 |
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0.900% of the first $250 million of assets; 0.875% of the next $250 million of assets; and |
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Voya International Real Estate Fund |
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May 1, 2015 |
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1.100% on the first $250 million of assets; 1.000% on the next $250 million of assets; and |
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Voya Multi-Manager Emerging Markets Equity Fund |
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May 1, 2015 |
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1.100% on all assets |
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Voya Multi-Manager International Equity Fund |
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May 1, 2015 |
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0.850% on all assets |
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Voya Multi-Manager International Factors Fund (formerly, Voya International Core Fund) |
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Close of business on January 20, 2017 |
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0.650% on all assets |
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Voya Multi-Manager International Small Cap Fund |
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May 1, 2015 |
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1.100% of the first $500 million of assets; 1.000% of the next $500 million of assets; and |
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Voya Russia Fund |
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May 1, 2015 |
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1.350% on all assets |
(1) “Direct Investments” shall mean assets which are not Underlying Funds.
(2) “Underlying Funds” shall mean open-end investment companies registered under the 1940 Act within the Voya family of funds. The phrase “family of funds” shall have the same meaning as “fund complex” defined in Item 17 of Form N-1A, as it was in effect on May 1, 2015.
