to Investment Advisory and Management Agreement between JNL Series Trust and Jackson National Asset Management, LLC
EX 99.28(d)(226)
Amendment
to
between
and
Xxxxxxx National Asset Management, LLC
This Amendment is made as of December 12, 2011, by and between JNL Series Trust, a Massachusetts business trust (“Trust”) and Xxxxxxx National Asset Management, LLC, a Michigan limited liability company (“Adviser”).
Whereas, the Trust and the Adviser are parties to an Investment Advisory and Management Agreement dated January 31, 2001 (“Agreement”).
Whereas, the parties have agreed to amend Schedule A and Schedule B of the Agreement to add the following two new funds, and each fund’s respective fees:
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1.
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JNL/Franklin Xxxxxxxxx Global Multisector Bond Fund; and
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2.
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JNL/Brookfield Global Infrastructure Fund.
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Now Therefore, the parties hereby agree to amend the Agreement as follows:
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1.
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Schedule A to the Agreement is hereby deleted and replaced in its entirety with Schedule A dated December 12, 2011, attached hereto.
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2.
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Schedule B to the Agreement is hereby deleted and replaced in its entirety with Schedule B dated December 12, 2011, attached hereto.
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3.
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This Amendment may be executed in two or more counterparts, which together shall constitute one document.
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In Witness Whereof, the Adviser and the Trust have caused this Amendment to be executed as of September 30, 2011, effective as of December 12, 2011.
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Xxxxxxx National Asset Management, LLC
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By: /s/ Xxxxx X. Xxxx
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By: /s/ Xxxx X. Xxxxx
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Name: Xxxxx X. Xxxx
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Name: Xxxx X. Xxxxx
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Title: Vice President, Counsel, and Secretary
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Title: President and CEO
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Schedule A
Dated December 12, 2011
(List of Funds)
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JNL/American Funds Blue Chip Income and Growth Fund
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JNL/American Funds Global Bond Fund
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JNL/American Funds Global Small Capitalization Fund
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JNL/American Funds Growth-Income Fund
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JNL/American Funds International Fund
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JNL/American Funds New World Fund
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JNL/AQR Managed Futures Strategy Fund
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JNL/BlackRock Commodity Securities Fund
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JNL/BlackRock Global Allocation Fund
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JNL/Brookfield Global Infrastructure Fund
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JNL/Capital Guardian U.S. Growth Equity Fund
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JNL/Capital Guardian Global Diversified Research Fund
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JNL/Capital Guardian Global Balanced Fund
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JNL/Eagle Core Equity Fund
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JNL/Eagle SmallCap Equity Fund
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JNL/Franklin Xxxxxxxxx Founding Strategy Fund
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JNL/Franklin Xxxxxxxxx Global Growth Fund
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JNL/Franklin Xxxxxxxxx Global Multisector Bond Fund
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JNL/Franklin Xxxxxxxxx Income Fund
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JNL/Franklin Xxxxxxxxx International Small Cap Growth Fund
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JNL/Franklin Xxxxxxxxx Mutual Shares Fund
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JNL/Franklin Xxxxxxxxx Small Cap Value Fund
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JNL/Xxxxxxx Sachs Core Plus Bond Fund
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JNL/Xxxxxxx Xxxxx Emerging Markets Debt Fund
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JNL/Xxxxxxx Sachs Mid Cap Value Fund
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JNL/Xxxxxxx Xxxxx U.S. Equity Flex Fund
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JNL Institutional Alt 20 Fund
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JNL Institutional Alt 35 Fund
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JNL Institutional Alt 50 Fund
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JNL Institutional Alt 65 Fund
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JNL/Invesco International Growth Fund
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JNL/Invesco Large Cap Growth Fund
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JNL/Invesco Global Real Estate Fund
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JNL/Invesco Small Cap Growth Fund
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JNL/Ivy Asset Strategy Fund
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JNL/JPMorgan International Value Fund
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JNL/JPMorgan MidCap Growth Fund
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JNL/JPMorgan U.S. Government & Quality Bond Fund
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JNL/Lazard Emerging Markets Fund
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JNL/Lazard Mid Cap Equity Fund
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JNL/M&G Global Basics Fund
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JNL/M&G Global Leaders Fund
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JNL/Mellon Capital Management Bond Index Fund
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JNL/Mellon Capital Management Emerging Markets Index Fund
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JNL/Mellon Capital Management European 30 Fund
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JNL/Mellon Capital Management Global Alpha Fund
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JNL/Mellon Capital Management Index 5 Fund
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JNL/Mellon Capital Management International Index Fund
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JNL/Mellon Capital Management Pacific Rim 30 Fund
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JNL/Mellon Capital Management Small Cap Index Fund
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JNL/Mellon Capital Management 10 x 10 Fund
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JNL/Mellon Capital Management S&P 500 Index Fund
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JNL/Mellon Capital Management S&P 400 MidCap Index Fund
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JNL/Xxxxxxxxxxx Global Growth Fund
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JNL/XXX Asia ex-Japan Fund
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JNL/XXX China-India Fund
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JNL/PIMCO Real Return Fund
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JNL/PIMCO Total Return Bond Fund
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JNL/PPM America Floating Rate Income Fund
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JNL/PPM America High Yield Bond Fund
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JNL/PPM America Mid Cap Value Fund
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JNL/PPM America Small Cap Value Fund
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JNL/PPM America Value Equity Fund
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JNL/Red Rocks Listed Private Equity Fund
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JNL/X. Xxxx Price Established Growth Fund
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JNL/X. Xxxx Price Mid-Cap Growth Fund
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JNL/X. Xxxx Price Short-Term Bond Fund
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JNL/X. Xxxx Price Value Fund
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JNL/WMC Balanced Fund
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JNL/WMC Money Market Fund
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JNL/WMC Value Fund
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JNL/S&P Managed Growth Fund
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JNL/S&P Managed Conservative Fund
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JNL/S&P Managed Moderate Growth Fund
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JNL/S&P Managed Moderate Fund
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JNL/S&P Managed Aggressive Growth Fund
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JNL/S&P Competitive Advantage Fund
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JNL/S&P Dividend Income & Growth Fund
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JNL/S&P Intrinsic Value Fund
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JNL/S&P Total Yield Fund
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JNL/S&P 4 Fund
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JNL Disciplined Moderate Fund
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JNL Disciplined Moderate Growth Fund
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JNL Disciplined Growth Fund
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Schedule B
Dated December 12, 2011
(Compensation)
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Fund
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Assets
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Advisory Fee
(Annual Rate Based on Average
Net Assets of each Fund)
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JNL/American Funds Blue Chip Income and Growth Fund
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$0 to $1 billion
Over $1 billion
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.70%
.65%
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JNL/American Funds Global Bond Fund
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$0 to $1 billion
Over $1 billion
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.70%
.65%
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JNL/American Funds Global Small Capitalization Fund
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$0 to $1 billion
Over $1 billion
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.75%
.70%
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JNL/American Funds Growth-Income Fund
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$0 to $1 billion
Over $1 billion
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.70%
.65%
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JNL/American Funds International Fund
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$0 to $1 billion
Over $1 billion
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.85%
.80%
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JNL/American Funds New World Fund
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$0 to $1 billion
Over $1 billion
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1.05%
1.00%
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JNL/AQR Managed Futures Strategy Fund
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$0 to $500 million
$500 million to $1 billion
Over $1 billion
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.95%
.90%
.85%
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JNL/BlackRock Commodity Securities Fund
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$0 to $300 million
Over $300 million
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.70%
.60%
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JNL/BlackRock Global Allocation Fund
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$0 to $1 billion
Over $1 billion
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.75%
.70%
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JNL/Brookfield Global Infrastructure Fund
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$0 to $1 billion
Over $1 billion
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.80%
.75%
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JNL/Capital Guardian U.S. Growth Equity Fund
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$0 to $150 million
$150 million to $500 million
$500 million to $750 million
Over $750 million
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.70%
.65%
.60%
.55%
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JNL/Capital Guardian Global
Diversified Research Fund
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$0 to $150 million
$150 million to $500 million
$500 million to $750 million
Over $750 million
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.75%
.70%
.65%
.60%
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JNL/Capital Guardian Global Balanced Fund
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$0 to $500 million
Over $500 million
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.65%
.60%
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JNL/Eagle Core Equity Fund
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$0 to $100 million
$100 million to $300 million
Over $300 million
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.65%
.60%
.55%
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JNL/Eagle SmallCap Equity Fund
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$0 to $100 million
$100 million to $500 million
Over $500 million
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.75%
.70%
.65%
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JNL/Franklin Xxxxxxxxx Founding Strategy Fund
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All Assets
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0%
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JNL/Franklin Xxxxxxxxx Global Growth Fund
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$0 to $300 million
$300 million to $500 million
Over $500 million
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.75%
.65%
.60%
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JNL/Franklin Xxxxxxxxx Global Multisector Bond Fund
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$0 to $1 billion
Over $1 billion
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.75%
.70%
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JNL/Franklin Xxxxxxxxx Income Fund
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$0 to $100 million
$100 million to $200 million
$200 million to $500 million
Over $500 million
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.80%
.75%
.65%
.60%
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JNL/Franklin Xxxxxxxxx International
Small Cap Growth Fund
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$0 to $500 million
Over $500 million
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.95%
.90%
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JNL/Franklin Xxxxxxxxx Mutual Shares Fund
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$0 to $500 million
Over $500 million
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.75%
.70%
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JNL/Franklin Xxxxxxxxx Small Cap Value Fund
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$0 to $200 million
$200 million to $500 million
Over $500 million
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.85%
.77%
.75%
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JNL/Xxxxxxx Sachs Core Plus Bond Fund
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$0 to $500 million
Over $500 million
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.60%
.55%
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JNL/Xxxxxxx Xxxxx Emerging Markets Debt Fund
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$0 to $200 million
$200 million to $1 billion
Over $1 billion
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.75%
.70%
.675%
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JNL/Xxxxxxx Sachs Mid Cap Value Fund
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$0 to $100 million
Over $100 million
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.75%
.70%
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JNL/Xxxxxxx Xxxxx U.S. Equity Flex Fund
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$0 to $300 million
Over $300 million
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.80%
.75%
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JNL Institutional Alt 20 Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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JNL Institutional Alt 35 Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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JNL Institutional Alt 50 Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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JNL Institutional Alt 65 Fund
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$0 to $500 million
Over $500 million
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.15%
.10%
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JNL/Invesco International Growth Fund
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$0 to $150 million
$150 million to $500 million
Over $500 million
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.70%
.65%
.60%
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JNL/Invesco Large Cap Growth Fund
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$0 to $150 million
Over $150 million
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.70%
.65%
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JNL/Invesco Global Real Estate Fund
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$0 to $50 million
Over $50 million
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.75%
.70%
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JNL/Invesco Small Cap Growth Fund
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$0 to $300 million
Over $300 million
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.85%
.80%
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JNL/Ivy Asset Strategy Fund
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$0 to $500 million
$500 million to $1.5 billion
Over $1.5 billion
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.90%
.85%
.825%
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JNL/JPMorgan International Value Fund
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$0 to $150 million
$150 million to $500 million
Over $500 million
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.70%
.65%
.60%
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JNL/JPMorgan MidCap Growth Fund
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$0 to $250 million
$250 million to $750 million
$750 million to $1,500 million
Over $1,500 million
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.70%
.65%
.60%
.55%
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JNL/JPMorgan U.S. Government & Quality Bond Fund
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$0 to $150 million
$150 million to $300 million
$300 million to $500 million
Over $500 million
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.50%
.45%
.40%
.35%
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JNL/Lazard Emerging Markets Fund
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$0 to $100 million
$100 million to $250 million
Over $250 million
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1.00%
.90%
.85%
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JNL/Lazard Mid Cap Equity Fund
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$0 to $50 million
$50 million to $250 million
Over $250 million
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.75%
.70%
.65%
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JNL/M&G Global Basics Fund
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$0 to $500 million
Over $500 million
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.85%
.80%
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JNL/M&G Global Leaders Fund
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$0 to $500 million
Over $500 million
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.85%
.80%
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JNL/Mellon Capital Management Emerging Markets Index Fund
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$0 to $500 million
Over $500 million
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.40%
.35%
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JNL/Mellon Capital Management Bond Index Fund
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$0 to $500 million
$500 million to $750 million
Over $750 million
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.30%
.25%
.24%
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JNL/Mellon Capital Management Global Alpha Fund
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$0 to $500 million
Over $500 million
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1.00%
.90%
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JNL/Mellon Capital Management European 30 Fund
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$0 to $50 million
$50 to $100 million
Over $100 million
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.37%
.31%
.28%
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JNL/Mellon Capital Management Index 5 Fund
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All assets
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0%
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JNL/Mellon Capital Management International Index Fund
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$0 to $500 million
$500 million to $750 million
Over $750 million
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.30%
.25%
.24%
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JNL/Mellon Capital Management Pacific Rim 30 Fund
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$0 to $50 million
$50 to $100 million
Over $100 million
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.37%
.31%
.28%
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JNL/Mellon Capital Management Small Cap Index Fund
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$0 to $500 million
$500 million to $750 million
Over $750 million
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.29%
.24%
.23%
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JNL/Mellon Capital Management 10 x 10 Fund
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All assets
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0%
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JNL/Mellon Capital Management S&P 500 Index Fund
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$0 to $500 million
$500 million to $750 million
Over $750 million
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.29%
.24%
.23%
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JNL/Mellon Capital Management S&P 400 MidCap Index Fund
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$0 to $500 million
$500 million to $750 million
Over $750 million
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.29%
.24%
.23%
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JNL/Xxxxxxxxxxx Global Growth Fund
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$0 to $300 million
Over $300 million
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.70%
.60%
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JNL/XXX Asia ex-Japan Fund
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$0 to $500 million
Over $500 million
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.90%
.85%
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JNL/XXX China-India Fund
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$0 to $500 million
Over $500 million
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.90%
.85%
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JNL/PIMCO Real Return Fund
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$0 to $1 billion
Over $1 billion
|
.50%
.475%
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JNL/PIMCO Total Return Bond Fund
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All assets
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.50%
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JNL/PPM America Floating Rate Income Fund
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$0 to $500 million
Over $500 million
|
.65%
.60%
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JNL/PPM America High Yield Bond Fund
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$0 to $150 million
$150 million to $500 million
Over $500 million
|
.50%
.45%
.425%
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JNL/PPM America Mid Cap Value Fund
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$0 to $500 million
Over $500 million
|
.75%
.70%
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JNL/PPM America Small Cap Value Fund
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$0 to $500 million
Over $500 million
|
.75%
.70%
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JNL/PPM America Value Equity Fund
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$0 to $300 million
Over $300 million
|
.55%
.50%
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JNL/Red Rocks Listed Private Equity Fund
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$0 to $200 million
Over $200 million
|
.85%
.80%
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JNL/X. Xxxx Price Established Growth Fund
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$0 to $150 million
$150 to $500 million
Over $500 million
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.65%
.60%
.55%
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JNL/X. Xxxx Price Mid-Cap Growth Fund
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$0 to $150 million
Over $150 million
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.75%
.70%
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JNL/X. Xxxx Price Short-Term Bond Fund
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$0 to $250 million
$250 million to $1.5 billion
Over $1.5 billion
|
.45%
.40%
.375%
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JNL/X. Xxxx Price Value Fund
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$0 to $150 million
$150 to $500 million
Over $500 million
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.70%
.65%
.60%
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JNL/WMC Balanced Fund
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$0 to $50 million
$50 million to $150 million
$150 million to $300 million
$300 million to $500 million
Over $500 million
|
.55%
.50%
.475%
.45%
.425%
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JNL/WMC Money Market Fund
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$0 to $500 million
Over $500 million
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0.28%
0.25%
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JNL/WMC Value Fund
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$0 to $300 million
$300 million to $500 million
Over $500 million
|
.55%
.50%
.45%
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JNL/S&P Managed Growth Fund
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$0 to $500 million
Over $500 million
|
.13%
.08%
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JNL/S&P Managed Conservative Fund
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$0 to $500 million
Over $500 million
|
.13%
.08%
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JNL/S&P Managed Moderate Growth Fund
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$0 to $500 million
Over $500 million
|
.13%
.08%
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JNL/S&P Managed Moderate Fund
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$0 to $500 million
Over $500 million
|
.13%
.08%
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JNL/S&P Managed Aggressive Growth Fund
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$0 to $500 million
Over $500 million
|
.13%
.08%
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JNL/S&P Competitive Advantage Fund
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$0 to $500 million
Over $500 million
|
.40%
.35%
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JNL/S&P Dividend Income & Growth Fund
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$0 to $500 million
Over $500 million
|
.40%
.35%
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JNL/S&P Intrinsic Value Fund
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$0 to $500 million
Over $500 million
|
.40%
.35%
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JNL/S&P Total Yield Fund
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$0 to $500 million
Over $500 million
|
.40%
.35%
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JNL/S&P 4 Fund
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All Assets
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0%
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JNL Disciplined Moderate Fund
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$0 to $500 million
Over $500 million
|
.13%
.08%
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JNL Disciplined Moderate Growth Fund
|
$0 to $500 million
Over $500 million
|
.13%
.08%
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JNL Disciplined Growth Fund
|
$0 to $500 million
Over $500 million
|
.13%
.08%
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