FIRST AMENDMENT TO SUB-ADVISORY AGREEMENT
Exhibit 99 (d) (10)
FIRST AMENDMENT TO
THIS FIRST AMENDMENT TO SUB-ADVISORY AGREEMENT (this “Amendment”) is made and entered into effective as of February 28, 2018, by and between Xxxxxxxx Advisors, Inc., a California corporation (“Manager”), and SPARX Asset Management Co., Ltd., a corporation organized under the laws of Japan (“Sub‑Adviser”).
RECITALS
WHEREAS, Manager and Sub-Adviser previously entered into a Sub-Advisory Agreement, effective as of February 28, 2014 (the “Agreement”) pursuant to which Sub-Adviser agreed to render investment advisory and other services to Manager and the Funds (as defined in the Agreement) pursuant to the Agreement; and
WHEREAS, Manager and Sub-Adviser desire to amend certain terms of the Agreement as set forth herein.
AGREEMENT
NOW, THEREFORE, Manager and Sub‑Adviser agree as follows:
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1.
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Schedule A to the Agreement is deleted and replaced in its entirety with Schedule A to this Amendment. All other provisions of the Agreement remain in full force and effect.
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2.
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Sections 12 through 19 and Section 23 of the Agreement are incorporated into this Amendment, mutatis mutandis.
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* * *
(Signatures on next page.)
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their duly authorized officers as of the date first mentioned above.
XXXXXXXX ADVISORS, INC.
By: /s/ Xxxx X. Xxxxxxxx
Xxxx X. Xxxxxxxx
Chief Executive Officer
SPARX ASSET MANAGEMENT CO., LTD.
By: /s/ Shuhei Abe
Shuhei Abe
President
SCHEDULE A
(as of February 28, 2018)
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Fund Name
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Sub-Advisory Fee per Annum
for Each Below Range of Average Daily Net Assets |
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Range
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Fee
(as a % of average daily net assets) |
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Xxxxxxxx Japan Fund
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$0 - $500 million
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0.35%
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$500,000,000.01 – $1 billion
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0.40%
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Above $1 billion
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0.42%
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Xxxxxxxx Japan Small Cap Fund
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$0 - $500 million
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0.35%
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$500,000,000.01 – $1 billion
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0.40%
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Above $1 billion
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0.42%
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