Directed Services LLC December 12, 2014 Christopher Kurtz Vice President, Finance ING Investment Management Co. LLC One Orange Way, C1-N Windsor, CT 06095 Dear Mr. Kurtz:
(d)(12)(i)
Directed Services LLC
0000 Xxxxxxxx Xxxxx, Xxxx Xxxxxxx, XX 00000
December 12, 2014
Xxxxxxxxxxx Xxxxx
Vice President, Finance
ING Investment Management Co. LLC
One Orange Way, C1-N
Windsor, CT 06095
Dear Xx. Xxxxx:
Pursuant to the Sub-Advisory Agreement, dated November 18, 2014, between Directed Services LLC and Voya Investment Management Co. LLC, as amended (the “Agreement”), we hereby notify you of our intention to retain you as Sub-Adviser to render investment advisory services to Voya Aggregate Bond Portfolio (formerly, VY® PIMCO Bond Portfolio, the “Portfolio”), a series of Voya Partners, Inc., effective as of the close of business on December 12, 2014, 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 adding the Portfolio to Schedule A of the Agreement. The Amended Schedule A, with the annual sub-advisory fees indicated for the Portfolio, is attached hereto.
Please signify your acceptance to act as Sub-Adviser under the Agreement with respect to the Portfolio by signing below where indicated.
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Very sincerely, | |
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By: |
/s/ Xxxx Xxxxx | |
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Xxxx Xxxxx | |
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Vice President | |
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Directed Services LLC | |
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ACCEPTED AND AGREED TO: |
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Voya Investment Management Co. LLC |
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By: |
/s/ Xxxxxxxxxxx Xxxxx |
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Name: |
Xxxxxxxxxxx Xxxxx |
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Title: |
VP Finance, Duly Authorized |
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AMENDED SCHEDULE A
with respect to the
SUB-ADVISORY AGREEMENT
between
DIRECTED SERVICES LLC
and
VOYA INVESTMENT MANAGEMENT CO. LLC
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Effective Date |
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Annual Sub-Advisory Fee (as a percentage of average daily Assets allocated to the Sub-Adviser) |
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Voya Aggregate Bond Portfolio (formerly, VY® PIMCO Bond Portfolio) |
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Close of Business on December 12, 2014 |
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0.25000% on all assets |
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Voya Global Bond Portfolio |
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May 7, 2013 |
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0.22500% on the first $4 billion in assets; 0.21375% on the next $1 billion in assets; 0.20250% on the next $1 billion in assets; 0.19350% on assets thereafter. |
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Voya Index Solution 2015 Portfolio |
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May 31, 2013 |
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Direct Investments(1) 0.13500%
Underlying Funds(2) 0.04500% |
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Voya Index Solution 2025 Portfolio |
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May 31, 2013 |
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Direct Investments(1) 0.13500%
Underlying Funds(2) 0.04500% |
(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 fund complex. The phrase “family of funds” shall have the same meaning as defined in Item 17 of Form N-1A, as it was in effect on November 18, 2014.
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Series |
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Effective Date |
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Annual Sub-Advisory Fee (as a percentage of average daily Assets allocated to the Sub-Adviser) |
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Voya Index Solution 2035 Portfolio |
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May 31, 2013 |
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Direct Investments(1) 0.13500%
Underlying Funds(2) 0.04500% |
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Voya Index Solution 2045 Portfolio |
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May 31, 2013 |
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Direct Investments(1) 0.13500%
Underlying Funds(2) 0.04500% |
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Voya Index Solution 2055 Portfolio |
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May 31, 2013 |
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Direct Investments(1) 0.13500%
Underlying Funds(2) 0.04500% |
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Voya Index Solution Income Portfolio |
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May 31, 2013 |
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Direct Investments(1) 0.13500%
Underlying Funds(2) 0.04500% |
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Voya Solution 2015 Portfolio |
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May 31, 2013 |
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Direct Investments(1) 0.13500%
Underlying Funds(2) 0.04500% |
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Voya Solution 2025 Portfolio |
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May 31, 2013 |
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Direct Investments(1) 0.13500%
Underlying Funds(2) 0.04500% |
(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 fund complex. The term, “fund complex” shall have the same meaning as defined in Item 17 of Form N-1A, as it was effect on November 18, 2014.
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Series |
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Effective Date |
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Annual Sub-Advisory Fee (as a percentage of average daily Assets allocated to the Sub-Adviser) |
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Voya Solution 2035 Portfolio |
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May 31, 2013 |
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Direct Investments(1) 0.13500%
Underlying Funds(2) 0.04500% |
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Voya Solution 2045 Portfolio |
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May 31, 2013 |
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Direct Investments(1) 0.13500%
Underlying Funds(2) 0.04500% |
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Voya Solution 2055 Portfolio |
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May 31, 2013 |
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Direct Investments(1) 0.13500%
Underlying Funds(2) 0.04500% |
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Voya Solution Aggressive Portfolio |
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May 7, 2013 |
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Direct Investments(1) 0.13500%
Underlying Funds(2) 0.04500% |
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Voya Solution Balanced Portfolio |
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May 31, 2013 |
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Direct Investments(1) 0.13500%
Underlying Funds(2) 0.04500% |
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Voya Solution Conservative Portfolio |
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May 31, 2013 |
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Direct Investments(1) 0.13500%
Underlying Funds(2) 0.04500% |
(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 defined in Item 17 of Form N-1A, as it was in effect on November 18, 2014.
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Series |
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Effective Date |
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Annual Sub-Advisory Fee (as a percentage of average daily Assets allocated to the Sub-Adviser) |
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Voya Solution Income Portfolio |
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May 31, 2013 |
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Direct Investments(1) 0.13500%
Underlying Funds(2) 0.04500% |
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Voya Solution Moderately Aggressive Portfolio |
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May 31, 2013 |
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Direct Investments(1) 0.13500%
Underlying Funds(2) 0.04500% |
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Voya Solution Moderately Conservative Portfolio |
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May 31, 2013 |
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Direct Investments(1) 0.13500%
Underlying Funds(2) 0.04500% |
(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 fund complex. The term, “fund complex” shall have the same meaning as defined in Item 17 of Form N-1A, as it was effect on November 18, 2014.
