Directed Services LLC August 14, 2015 Mr. Todd Modic Directed Services LLC West Chester, PA 19380 Dear Mr. Modic:
(d)(1)(D)(i)
Directed Services LLC
0000 Xxxxxxxx Xxxxx, Xxxx Xxxxxxx, XX 00000
August 14, 2015
Xx. Xxxx Xxxxx
Directed Services LLC
0000 Xxxxxxxx Xxxxx
Xxxx Xxxxxxx, XX 00000
Dear Xx. Xxxxx:
Pursuant to the Amended and Restated Investment Management Agreement, dated May 1, 2015, as amended, between Voya Investors Trust and Directed Services LLC (the “Agreement”), we hereby notify you of our intention to modify the breakpoints to the annual investment management fee for Voya Large Cap Value Portfolio (the “Portfolio”), effective as of the close of business on August 14, 2015.
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 additional breakpoint to the annual investment management fee for the Portfolio, is attached hereto.
Please signify your acceptance to the modified breakpoints to the annual investment management fee for the aforementioned Portfolio by signing below.
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Very sincerely, |
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By: |
/s/ Xxxxxxxx X. Xxxxxxxx |
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Xxxxxxxx X. Xxxxxxxx |
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Senior Vice President |
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ACCEPTED AND AGREED TO: |
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Directed Services LLC |
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By: |
/s/ Xxxx Xxxxx |
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Name: |
Xxxx Xxxxx |
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Title: |
Vice President, Duly Authorized |
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AMENDED SCHEDULE A
with respect to the
AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT
between
and
DIRECTED SERVICES LLC
Series |
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Effective Date |
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Annual Management Fee |
VY® BlackRock Inflation Protected Bond Portfolio |
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May 1, 2015 |
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0.550% on first $200 million of assets; |
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VY® Clarion Real Estate Portfolio |
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May 1, 2015 |
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0.850% on first $200 million of assets; |
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VY® DFA World Equity Portfolio |
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May 1, 2015 |
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0.350% on all assets |
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VY® Franklin Income Portfolio |
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May 1, 2015 |
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0.750% on the first $500 million of assets; and |
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VY® Franklin Xxxxxxxxx Founding Strategy Portfolio |
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May 1, 2015 |
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0.100% on all assets |
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Voya Large Cap Growth Portfolio |
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May 1, 2015 |
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0.650% on the first $5.5 billion of assets; |
Series |
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Effective Date |
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Annual Management Fee |
Voya Large Cap Value Portfolio |
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Close of business on August 14, 2015 |
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0.750% on first $500 million of assets; |
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Voya Retirement Conservative Portfolio |
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May 1, 2015 |
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Direct Investments(1) |
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Voya Retirement Growth Portfolio |
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May 1, 2015 |
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Direct Investments(1) |
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Voya Retirement Moderate Growth Portfolio |
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May 1, 2015 |
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Direct Investments(1) |
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Voya Retirement Moderate Portfolio |
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May 1, 2015 |
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Direct Investments(1) |
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VY® X. Xxxx Price International Stock Portfolio |
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May 1, 2015 |
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0.640% on first $4 billion of assets; and |
(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 in effect on May 1, 2015.