SECOND AMENDMENT to the AMENDED AND RESTATED TRANSFER AGENT SERVICING AGREEMENT
SECOND AMENDMENT to the
AMENDED AND RESTATED TRANSFER AGENT SERVICING AGREEMENT
THIS Second Amendment is made and entered into as of this April 1, 2021 to the Amended and Restated Transfer Agent Agreement (the “Agreement”), dated as of January 30, 2018, by and between GPS FUNDS I (“GPS I”), GPS FUNDS II (“GPS II”), SAVOS INVESTMENT TRUST (“SAVOS” and together with GPS I, GPS II referred to as the “Trust”), each separately and not jointly, and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company (“USBFS”).
RECITALS
WHEREAS, the parties have entered into the Agreement; and
WHEREAS, the parties desire to amend the funds list on Exhibit A of the Agreement
and to update the fee schedule on Exhibit C of the Agreement; and
WHEREAS, Section 13 of the Agreement allows for its amendment by a written
agreement executed by both parties and authorized or approved by the Board of Trustees
of the Trust.
NOW, THEREFORE, the parties agree as follows:
1. Effective immediately, Exhibit A of the Agreement is hereby superseded and replaced
in its entirety with Exhibit A attached hereto.
2. Effective April 1, 2021, Exhibit C of the Agreement is hereby superseded and
replaced in its entirety with Exhibit C attached hereto.
Except to the extent amended hereby, the Agreement shall remain in full force and effect.
Signatures on the following page
1
IN WITNESS WHEREOF, the parties hereto have caused this Second Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.
By: __/s/ Xxxxxxx Young___________ By: __/s/ Xxxxxxx Young___________
Name: Xxxxxxx Young_____________ Name: Xxxxxxx Young_____________
Title: Vice-President______________ Title: Vice-President______________
SAVOS INVESTMENT TRUST U.S. BANCORP FUND SERVICES, LLC
By: __/s/ Xxxxxxx Young___________ By: __/s/ Xxxxxxx X. Bajczyk__________
Name: Xxxxxxx Young_____________ Name: ___Jeanine M. Bajczyk_________
Title: Vice-President______________ Title: ____Sr. Vice President________
Exhibit A to the Amended and Restated Transfer Agent Servicing Agreement
Separate Series of GPS Funds I
GuideMark Large Cap Core Fund
GuideMark Emerging Markets Fund
GuideMark Small/Mid Cap Core Fund
GuideMark World ex-US Fund
GuideMark Core Fixed Income Fund
Separate Series of GPS Fund II
GuidePath Growth Allocation Fund
GuidePath Conservative Allocation Fund
GuidePath Tactical Allocation Fund
GuidePath Absolute Return Allocation Fund
GuidePath Multi-Asset Income Allocation Fund
GuidePath Flexible Income Allocation Fund
GuidePath Managed Futures Strategy Fund
GuidePath Conservative Income Fund
GuidePath Income Fund
GuidePath Growth and Income Fund
Separate Series of Savos Investment Trust
Savos Dynamic Hedging Fund
Exhibit C to the
| GPS Funds I & GPS Funds II & Savos** – Transfer Agent Services Fee Schedule – April 2021 | ||
Shareholder Account Fee (Subject to Minimum) No-Load - $[ ] per account Load Fund - $[ ] per account Money Market - $[ ] per account The per account fees will be charged monthly from inception. Annual Minimum* $[ ] per fund with one class $[ ] first load or money market fund Multiple Class Fee* - $[ ] annually for each new class beyond the first class (waived during the first [ ] months of operations and tiered as listed below for months [ ] through [ ]). *Minimum annual fee of $[ ] per new fund is waived for each fund during the first [ ] months of operations. After the first [ ] months, the following tiered minimum annual fee schedule applies during months [ ] through [ ] of operations: [ ] % of the minimum annual fee in months [ ], [ ] & [ ] [ ] % of the minimum annual fee in months [ ], [ ] & [ ] [ ] % of the minimum annual fee in months [ ], [ ] & [ ] [ ] % of the minimum annual fee in month [ ] and beyond Chief Compliance Officer Support Services: $[ ] per GPS trust per year. $[ ] per Savos trust per year. Implementation Charges: First CUSIP: $[ ] /fund group (waived) Subsequent CUSIPs: $[ ] /each additional CUSIP (waived) Activity Charges: Telephone Call - $[ ] per call Manual Shareholder Transactions - $[ ] per event Draft Check Processing - $[ ] per draft Daily Valuation Trades - $[ ] per trade ACH Shareholder Services: $[ ] per month per fund group $[ ] per ACH item, setup and/or change $[ ] per correction, reversal, return item | Charges Paid by Investors: Shareholder accounts will be charged based upon the type of activity and type of account, including the following: Qualified Plan Fees $[ ] /qualified plan account or Xxxxxxxxx ESA account (Cap at $[ ] /SSN) $[ ] /transfer to successor trustee $[ ] /participant distribution (Excluding SWPs) $[ ] /refund of excess contribution $[ ] /reconversion/recharacterization Additional Shareholder Paid Fees $[ ] /outgoing wire transfer or overnight delivery $[ ] /telephone exchange $[ ] /return check or ACH or stop payment $[ ] /research request per account (Cap at $[ ] /request) (This fee applies to requests for statements older than the prior year) Miscellaneous Expenses All other miscellaneous fees and expenses, including but not limited to the following, will be separately billed as incurred: Telephone toll-free lines, mailing, sorting and postage, stationery, envelopes, service/data conversion, AML verification services, special reports, record retention, lost shareholder search, disaster recovery charges, ACH fees, Fed wire charges, NSCC activity charges, DST charges, shareholder/dealer print out (daily confirms, investor confirms, tax, check printing and writing and commissions), voice response (VRU) maintenance and development, data communication and implementation charges, specialized programming, omnibus conversions, travel, excess history, FATCA and other compliance mailings, electronic document archiving. Additional Services Additional services not included above shall be mutually agreed upon and documented on the Additional Services fee schedule FAN Web shareholder e-commerce, FAN Mail electronic data delivery, Vision intermediary e-commerce, client Web data access, recordkeeping application access, programming charges, outbound calling & marketing campaigns, training, cost basis reporting, investor email services, dealer reclaim services, literature fulfillment, money market fund service organizations, charges paid by investors, physical certificate processing, CUSIP setup, CTI reporting, sales reporting & 22c-2 reporting (MARS), electronic statements (Informa), Fund Source, EConnect Delivery, Shareholder Call review analysis, statement support, Mutual Fund Profile II services, dealer/fund merger events, NAV reprocessing and additional services mutually agreed upon. In addition to the fees described above, additional fees may be charged to the extent that changes to applicable laws, rules or regulations require additional work or expenses related to services provided (e.g., compliance with new liquidity risk management and reporting requirements). File Transfer - $[ ] per month plus $[ ] /record If the funds allow direct retail shareholder, the following schedule also applies: –Additional [ ] basis point per year. The monthly fee for an open account shall be charged in the month during which an account is opened through the month in which such account is closed. The monthly fee for a closed account shall be charged in the month following the month during which such account is closed Fees are calculated pro rata and billed monthly. | ||||
** Each Trust is only liable for the fee amount that gets allocated by USBFS to each of their separate series of portfolios
