Exhibit (h)(86)
Form of
July 6, 2009
Xx. Xxxxxxx X. Xxxxx
Xxxxx Services LLC
000 Xxxxxxx Xxxxxx
Xxxxxx, Xxxxxxxx 00000
Dear Xx. Xxxxx:
Attached are revised Appendices A and B to the Amended and Restated Transfer
Agency Agreement dated June 18, 2002, as may be further amended from time to
time (the "Agreement"), between Janus Investment Fund (the "Trust") and Janus
Services LLC ("Janus Services"). The purpose of the revision is to add 10 new
series (1) INTECH Risk-Managed Growth Fund, (2) INTECH Risk-Managed
International Fund, (3) INTECH Risk-Managed Value Fund, (4) Janus Forty Fund,
(5) Janus Global Real Estate Fund, (6) Janus International Equity Fund, (7)
Janus International Forty Fund, (8) Janus Long/Short Fund, (9) Janus Modular
Portfolio Construction Fund and (10) Xxxxxxx Large Cap Value Fund, as additional
portfolios of the Trust effective on or about July 6, 2009. Appendix B has also
been amended to delete the annual per account charge and to add or update the
various share classes available, but not necessarily currently offered by each
existing or new series, under the Trust. Pursuant to Section 9 of the Agreement,
the Trust hereby requests that Janus Services acknowledge its acceptance of the
terms contained in the revised Appendices.
Please indicate your acceptance of the foregoing by executing two copies of this
letter, returning one copy to the Trust and retaining one copy for your records.
JANUS INVESTMENT FUND
By:
---------------------------------
Xxxxxxxxx Xxxxxxxxxx-Xxxxxx
Vice President, Chief Legal
Counsel and Secretary
JANUS SERVICES LLC
By:
---------------------------------
Xxxxxxx X. Xxxxx
Executive Vice President and
Chief Financial Officer
Agreed to this 6th day of July, 2009.
Revised effective as of July 6, 2009
APPENDIX A
INTECH Risk-Managed Core Fund
INTECH Risk-Managed Growth Fund
INTECH Risk-Managed International Fund
INTECH Risk-Managed Value Fund
Janus Balanced Fund
Janus Contrarian Fund
Janus Enterprise Fund
Janus Flexible Bond Fund
Janus Forty Fund
Janus Fund
Janus Global Life Sciences Fund
Janus Global Opportunities Fund
Janus Global Real Estate Fund
Janus Global Research Fund
Janus Global Technology Fund
Janus Government Money Market Fund
Janus Growth and Income Fund
Janus High-Yield Fund
Janus International Equity Fund
Janus International Forty Fund
Janus Long/Short Fund
Janus Modular Portfolio Construction Fund
Janus Money Market Fund
Janus Orion Fund
Janus Overseas Fund
Janus Research Core Fund
Janus Research Fund
Janus Short-Term Bond Fund
Xxxxx Xxxxx Portfolio- Conservative
Xxxxx Xxxxx Portfolio- Moderate
Janus Smart Portfolio- Growth
Xxxxx Xxxxxx Fund
Janus Twenty Fund
Janus Venture Fund
Janus Worldwide Fund
Xxxxxxx Large Cap Value Fund
Xxxxxxx Mid Cap Value Fund
Xxxxxxx Small Cap Value Fund
Revised effective as of July 6, 2009
APPENDIX B
I. NON-MONEY MARKET PORTFOLIOS
(a) Each class of Shares of the Trust shall pay Janus Services LLC ("Janus
Services") reasonable out-of-pocket expenses incurred in connection
with any services performed directly by Janus Services as transfer
agent. For Class A Shares, Class I Shares, and Class C Shares,
administrative fees charged by broker/dealers, insurance companies,
banks, trust companies, investment advisers, third party
administrators and other financial intermediaries (collectively,
"Intermediaries"), including those fees in connection with processing
transactions through the National Securities Clearing Corporation
("NSCC"), similar processing channel, or manually traded may be
included in such out-of-pocket expenses.
(b) Class J Shares and Class L Shares: For transfer agency services
provided directly by Janus Services, Class J Shares and Class L Shares
of the Trust shall each pay Janus Services a fee, calculated and
payable for each day that this Agreement is in effect, of 1/365 of
0.12% of the daily closing net asset value of each of the Class J
Shares and Class L Shares of each portfolio on assets sold directly to
shareholders. To reimburse Janus Services for its costs in engaging
Intermediaries, each of the Class J Shares and Class L Shares of the
Trust shall reimburse Janus Services in the amount of 1/365 of 0.25%
of the daily closing net asset value of Class J Shares and Class L
Shares of each portfolio on assets sold through Intermediaries.
(c) Class R Shares and Class S Shares: Janus Services may receive from
each of the Class R Shares and Class S Shares of the Trust a fee at an
annual rate of up to 0.25% of the average daily net assets of each of
the Class R Shares and Class S Shares of the Trust to compensate Janus
Services for providing, or arranging for the provision of
recordkeeping, subaccounting and administrative services to retirement
or pension plan participants or other underlying investors investing
in Class R Shares or Class S Shares, respectively, through
intermediary channels.
(d) Class T Shares: To reimburse Janus Services for its costs in engaging
Intermediaries, Class T Shares of the Trust shall pay Janus Services
in the amount of 1/365 of 0.25% of the daily closing net asset value
of Class T Shares.
All fees in (b) through (d) above shall be subject to a reduction as set forth
in Section 5.c. of this Agreement.
II. MONEY MARKET PORTFOLIOS
Notwithstanding the above, however, Xxxxx Services agrees that it shall not look
to the Funds or the Trust for compensation for its services provided under this
Agreement to Janus Money Market Fund or Janus Government Money Market Fund
(together, the "Money Funds"). Janus Services shall be compensated for its
services to the Money Funds entirely by Janus Capital Management LLC ("Janus
Capital"), the administrator to the Money Funds, pursuant to an Administration
Agreement between Janus Capital and each of the Money Funds.
