June 12, 2013 Todd Modic Senior Vice President ING Investments, LLC Suite 100 Scottsdale, AZ 85258
(d)(1)(i)
June 12, 2013
Xxxx Xxxxx
Senior Vice President
ING Investments, LLC
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Suite 100
Scottsdale, AZ 85258
Pursuant to the Investment Management Agreement, dated June 12, 2013, between ING Series Fund, Inc. and ING Investments, LLC (the “Agreement”), we hereby notify you of our intention to modify the annual investment management fee for ING Global Target Payment Fund (the “Fund”), a series of ING Series Fund, Inc., effective on June 12, 2013.
Upon your acceptance, the Agreement will be modified to give effect to the foregoing by amending Schedule A of the Agreement. The Amended Schedule A, which indicates the modified annual investment management fee for the Fund, is attached hereto.
The Amended Schedule A has also been updated to reflect the removal of ING Alternative Beta Fund because this series recently liquidated.
Please signify your acceptance to the modified annual investment management fee for the aforementioned Fund by signing below where indicated.
Very sincerely, | ||
By: |
/s/ Xxxxxxxx X. Xxxxxxxx | |
Xxxxxxxx X. Xxxxxxxx | ||
Senior Vice President | ||
ING Series Fund, Inc. |
ACCEPTED AND AGREED TO:
ING Investments, LLC
By: | /s/ Xxxx Xxxxx | |
Xxxx Xxxxx | ||
Senior Vice President |
0000 X. Xxxxxxxxxx Xxxxx Xx. Suite 100 Scottsdale, AZ 00000-0000 |
Tel: 000-000-0000 Fax: 000-000-0000 xxx.xxxxxxxx.xxx |
ING Series Fund, Inc. |
AMENDED SCHEDULE A
with respect to the
AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT
between
ING SERIES FUND, INC.
and
ING INVESTMENTS, LLC
Series |
Series Effective Date |
Annual Investment Management Fee | ||
ING Capital Allocation Fund |
(as a percentage of daily net assets)
Direct Investments1 0.800% on first $500 million 0.775% on next $500 million 0.750% on next $500 million 0.725% on next $500 million
Underlying Funds2
| |||
ING Core Equity Research Fund |
0.700% on first $250 million 0.650% on next $250 million 0.625% on next $250 million 0.600% on next $1.25 billion 0.550% over $2 billion | |||
ING Corporate Leaders 100 Fund |
June 11, 2008 | 0.40% on first $500 million 0.35% on next $500 million 0.30% over $1 billion |
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 ING fund complex. The term, “fund complex” shall have the same meaning as defined in Item 17 of Form N-1A, as it was in effect on May 1, 2013.
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Series |
Series Effective Date |
Annual Investment Management Fee | ||
ING Global Target Payment Fund |
June 18, 2008 | (as a percentage of daily net assets)
Direct Investments3 0.30%
Underlying Funds4 0.08% | ||
ING Large Cap Growth Fund |
February 29, 2012 | 0.70% | ||
ING Money Market Fund |
0.400% on first $500 million 0.350% on next $500 million 0.340% on next $1 billion 0.330% on next $1 billion 0.300% over $3 billion | |||
ING Small Company Fund |
0.850% on first $250 million 0.800% on next $250 million 0.775% on next $250 million 0.750% on next $1.25 billion | |||
ING XXXX Cap Equity Fund |
0.450% on first $500 million 0.375% over $2 billion |
3 | “A Direct Investment is an investment in a financial instrument issued by an issuer that is not a part of the ING fund complex, including, but not limited to: a security issued by an investment company that is not a part of the ING fund complex, including exchange traded funds; a security issued by a non-mutual fund issuer, such as an operating company; and derivative instruments other than call options written by ING Investment Management Co. LLC. The term, “fund complex” shall have the same meaning as defined in Item 17 of Form N-1A, as it was in effect on May 1, 2013. |
4 | “Underlying Funds” shall mean open-end investment companies registered under the 1940 Act within the ING fund complex. The term, “fund complex” shall have the same meaning as defined in Item 17 of Form N-1A, as it was in effect on May 1, 2013. |
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