AMENDMENT TO SUB-ADVISORY AGREEMENT BETWEEN TRANSAMERICA ASSET MANAGEMENT, INC. AND
Exhibit (d)(18)(iv)
AMENDMENT TO SUB-ADVISORY AGREEMENT BETWEEN
TRANSAMERICA ASSET MANAGEMENT, INC. AND
X.X. XXXXXX INVESTMENT MANAGEMENT INC.
THIS AMENDMENT is made as of October 31, 2013 to the Sub-Advisory Agreement dated November 7, 2005, as amended (the “Agreement”), between Transamerica Asset Management, Inc. and X.X. Xxxxxx Investment Management Inc. (the “Sub-Adviser”). In consideration of the mutual covenants contained herein, the parties agree as follows:
Schedule A. Schedule A to the Sub-Advisory Agreement is hereby deleted and replaced with the attached revised Schedule A, and all references in the Agreement to Schedule A shall be deemed to refer to the attached Schedule A.
In all other respects, the Sub-Advisory Agreement dated November 7, 2005, as amended, is confirmed and remains in full force and effect.
The parties hereto have caused this amendment to be executed as of October 31, 2013.
TRANSAMERICA ASSET MANAGEMENT, INC. | ||
By: |
/s/ Xxxxxxxxxxx X. Xxxxxxx | |
Name: Xxxxxxxxxxx X. Xxxxxxx | ||
Title: Senior Vice President | ||
X.X. XXXXXX INVESTMENT MANAGEMENT INC. | ||
By: /s/ Xxxxxxx Xxxxx-Xxxxxxx | ||
Name: Xxxxxxx Xxxxx-Xxxxxxx | ||
Title: Vice President |
Exhibit (d)(18)(iv)
SCHEDULE A
as of October 31, 2013
FUNDS
|
SUB-ADVISER COMPENSATION*
| |||
Transamerica International Bond |
First $100 million |
0.20% | ||
Over $100 million up to $250 million | 0.17% | |||
Over $250 million up to $500 million | 0.16% | |||
Over $500 million up to $1 billion | 0.15% | |||
Over $1 billion | 0.12% | |||
Transamerica Core Bond** |
First $1.5 billion |
0.15% | ||
Over $1.5 billion | 0.12% | |||
Transamerica Long/Short Strategy |
First $300 million |
0.70% | ||
Over $300 million up to $1 billion | 0.65% | |||
Over $1 billion
|
0.625%
| |||
Transamerica Multi-Managed Balanced*** |
0.25%**** |
* | As a percentage of average daily net assets on an annual basis. |
** | The average daily net assets for the purpose of calculating sub-advisory fees will be determined on a combined basis with Transamerica JPMorgan Core Bond VP (a series of Transamerica Series Trust) and Transamerica Core Bond. |
*** | With respect to such portion of the Fund’s assets as shall be allocated to X.X. Xxxxxx Investment Management Inc. by TAM from time to time. |
**** | The average daily net assets for the purpose of calculating sub-advisory fees will be determined on a combined basis with Transamerica Partners Balanced Portfolio (a series of Transamerica Partners Portfolios); Transamerica JPMorgan Enhanced Index VP (a series of Transamerica Series Trust); and the portion of the assets of Transamerica Multi-Managed Balanced VP (a series of Transamerica Series Trust) and Transamerica Multi-Managed Balanced, allocated to and sub-advised by X.X. Xxxxxx Investment Management Inc. |