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EXHIBIT (h)(4)(b)
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AMENDED EXHIBIT ATO THE EXPENSE LIMITATION AGREEMENT BETWEENGARTMORE VARIABLE
INSURANCE TRUST
ANDGARTMORE MUTUAL FUND CAPITAL TRUST
EFFECTIVE MAY 31, 2000
(AS AMENDED JULY 1, 2002)
NAME OF FUND EXPENSE
LIMITATION FOR FUND*
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Xxxxxx GVIT Growth Focus Fund . . . . . . . . . . . . . Class I 1.35%
(formerly Xxxxxx NSAT Growth Focus Fund). . . . . . . . Class II 1.35%
Class III . . . . . . . . . . . . . . . . . . . . . . 1.35%
Gartmore GVIT Millennium Growth Fund. . . . . . . . . . Class I 1.40%
(formerly Gartmore NSAT Millennium Growth Fund) . . . . Class II 1.65%
Gartmore GVIT Global Technology . . . . . . . . . . . . Class I 1.25%
and Communications Fund . . . . . . . . . . . . . . . . Class II 1.25%
(formerly Gartmore NSAT Global Technology . . . . . . . Class III 1.25%
and Communications Fund)
Gartmore GVIT Global Health Sciences Fund . . . . . . . Class I 1.25%
(formerly Gartmore NSAT Global Health Sciences Fund). . Class II 1.25%
Class III . . . . . . . . . . . . . . . . . . . . . . 1.25%
Gartmore GVIT U.S. Growth Leaders Fund. . . . . . . . . Class I 1.15%
(formerly Gartmore GVIT U.S. Leaders Fund). . . . . . . Class II 1.15%
Class III . . . . . . . . . . . . . . . . . . . . . . 1.15%
Gartmore GVIT Nationwide Leaders Fund . . . . . . . . . Class I 1.10%
(formerly Gartmore GVIT U.S. Leaders Fund). . . . . . . Class II 1.10%
Class III . . . . . . . . . . . . . . . . . . . . . . 1.10%
Gartmore GVIT Micro Cap Equity Fund . . . . . . . . . . Class I 1.55%
Class II. . . . . . . . . . . . . . . . . . . . . . . 1.55%
Class III . . . . . . . . . . . . . . . . . . . . . . 1.55%
Gartmore GVIT Investor Destinations Aggressive Fund . . 0.61%
(formerly NSAT Investor Destinations Aggressive Fund)
Gartmore GVIT Investor Destinations Moderately. . . . . 0.61%
Aggressive Fund (formerly NSAT Investor Destinations
Moderately Aggressive Fund)
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Gartmore GVIT Investor Destinations Moderate Fund . . . 0.61%
(formerly NSAT Investor Destinations Moderate Fund)
Gartmore GVIT Investor Destinations Moderately. . . . . 0.61%
Conservative Fund (formerly NSAT Investor Destinations
Moderately Conservative Fund)
Gartmore GVIT Investor Destinations Conservative Fund . 0.61%
(formerly NSAT Investor Destinations Conservative Fund)
With respect to each of the Gartmore GVIT Investor Destinations Funds, for
the period until May 1, 2003, it is hereby agreed that Fund Operating Expenses
shall include Rule 12b-1 fees and fees paid pursuant to an Administrative
Services Plan.
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* Effective until July 1, 2003. These expense limitations may be revised to
decrease the limitations after the expiration of the agreed upon term, if
mutually agreed upon by the parties. They may also be revised to increase
the limitations at any time if mutually agreed upon by the parties.
GARTMORE VARIABLE INSURANCE TRUST
By: /s/ Xxxx Tantra
Name: Xxxx Tantra
Title: Assistant Secretary
GARTMORE MUTUAL FUND CAPITAL TRUST
By: /s/ Xxxxx X. Xxxxxxxx
Name: Xxxxx X. Xxxxxxxx
Title: V.P. - Associate General Counsel
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