MAINSTAY VP FUNDS TRUST AMENDMENT TO THE AMENDED AND RESTATED MANAGEMENT AGREEMENT
Exhibit d 1 a
AMENDMENT TO THE AMENDED AND RESTATED
MANAGEMENT AGREEMENT
This Amendment to the Amended and Restated Management Agreement, is made as of the 13th day of January 2015, between MainStay VP Funds Trust, a Delaware statutory trust (the “Trust”), on behalf of its series as set forth on Schedule A (each, a “Portfolio”, and collectively, the “Portfolios”), and New York Life Investment Management LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the parties hereto have entered into an Amended and Restated Management Agreement, dated May 1, 2012, as amended (the “Agreement”); and
WHEREAS, the parties hereby wish to amend Schedule A of the Agreement to reflect the revised management fees with respect to the MainStay VP Emerging Markets Equity Portfolio.
NOW, THEREFORE, the parties agree as follows:
| (i) | Effective January 13, 2015, Schedule A is hereby amended by deleting it in its entirety and replacing it with the Schedule attached hereto. |
[The Remainder Of This Page Has Been Left Blank Intentionally.]
Exhibit d 1 a
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their duly authorized officers and attested as of the date first written above.
NEW YORK LIFE INVESTMENT MANAGEMENT LLC
| Attest: | /s/ Xxxxxx Xxxxx | By: | /s/ Xxxx X. Xxxxxx |
| Name: | Xxxxxx Xxxxx | Name: | Xxxx X. Xxxxxx |
| Title: | Director and Associate | Title: | Chief Executive Officer |
| General Counsel |
| Attest: | /s/ Xxxxxx Xxxxx | By: | /s/ Xxxxxxx X. Xxxxxx |
| Name: | Xxxxxx Xxxxx | Name: | Xxxxxxx X. Xxxxxx |
| Title: | Assistant Secretary | Title: | President |
Exhibit d 1 a
SCHEDULE A
(As of January 13, 2015)
For all services rendered by the Manager hereunder, each Portfolio of the Trust shall pay the Manager and the Manager agrees to accept as full compensation for all services rendered hereunder, at annual fee equal to the following:
| Portfolios | ANNUAL RATE AS A PERCENTAGE OF DAILY NET ASSETS |
| MainStay VP Balanced Portfolio |
0.70% up to $1 billion; and 0.65% in excess of $1 billion
|
| MainStay XX Xxxx Portfolio | 0.500% up to $500 million; 0.475% from $500 million to $1 billion; and 0.450% in excess of $1 billion |
| MainStay VP Cash Management Portfolio | 0.450% up to $500 million; 0.400% from $500 million to $1 billion; and 0.350% in excess of $1 billion |
| MainStay VP Common Stock Portfolio | 0.550% up to $500 million; 0.525% from $500 million to $1 billion; and 0.500% in excess of $1 billion |
|
MainStay VP Conservative Allocation Portfolio
|
0.00% |
| MainStay VP Convertible Portfolio |
0.600% up to $500 billion; 0.500% in excess of $1 billion |
|
MainStay VP Cornerstone Growth Portfolio
|
0.700% up to $500 million; 0.675% from $500 million to $1 billion; and 0.650% in excess of $1 billion
|
|
MainStay VP Eagle Small Cap Growth Portfolio
|
0.81% on all assets |
| MainStay VP Emerging Markets Equity Portfolio |
1.10% up to $1 billion; and 1.09 in excess of $1 billion
|
|
MainStay VP Floating Rate Portfolio
|
0.60% up to $1 billion; and 0.575% in excess of $1 billion |
Exhibit d 1 a
| Portfolios | ANNUAL RATE AS A PERCENTAGE OF DAILY NET ASSETS |
| MainStay VP Government Portfolio | 0.500% up to $500 million; 0.475% from $500 million to $1 billion; and 0.450% in excess of $1 billion |
|
MainStay VP Growth Allocation Portfolio
|
0.00%
|
| MainStay VP High Yield Corporate Bond Portfolio |
0.570% up to $1 billion; 0.525% in excess of $5 billion
|
| MainStay VP ICAP Select Equity Portfolio |
0.800% up to $250 million; 0.740% in excess of $1 billion
|
| MainStay VP Income Builder Portfolio |
0.570% up to $1 billion; and 0.550% in excess of $1 billion
|
| MainStay VP International Equity Portfolio | 0.890% up to $500 million; and 0.850% in excess of $500 million |
| MainStay XX Xxxxx Balanced Portfolio | 0.55% on all assets |
| MainStay VP Large Cap Growth Portfolio |
0.750% up to $500 million; 0.710% from $750 million to $1 billion; 0.700% from $1 billion to $2 billion; 0.660% from $2 billion to $3 billion; 0.610% from $3 billion to $7 billion; 0.585% from $7 billion to $9 billion; and 0.575% in excess of $9 billion
|
| MainStay VP Marketfield Portfolio | 1.40% on all assets |
| MainStay VP MFS® Utilities Portfolio | 0.73% on all assets |
|
MainStay VP Mid Cap Core Portfolio
|
0.850% up to $1 billion; and 0.800% in excess of $1 billion
|
Exhibit d 1 a
| Portfolios | ANNUAL RATE AS A PERCENTAGE OF DAILY NET ASSETS |
|
MainStay VP Moderate Allocation Portfolio
|
0.00%
|
|
MainStay VP Moderate Growth Allocation Portfolio
|
0.00%
|
| MainStay VP PIMCO Real Return Portfolio | 0.50% on all assets |
| MainStay VP S&P 500 Index Portfolio |
0.250% up to $1 billion; 0.200% in excess of $3 billion
|
| MainStay X. Xxxx Price Equity Income Portfolio | 0.80% up to $500 million; and 0.775% in excess of $500 million |
|
MainStay VP Unconstrained Bond Portfolio (Formerly MainStay Flexible Bond Opportunities Portfolio) |
0.60% up to $500 million; 0.50% in excess of $1 billion |
|
MainStay VP U.S. Small Cap Portfolio
|
0.800% up to $200 million; 0.700% in excess of $1 billion
|
| MainStay XX Xxx Xxx Global Hard Assets Portfolio | 0.89% on all assets |
