SCHRODER GLOBAL SERIES TRUST SECOND AMENDMENT To INVESTMENT SUBADVISORY AGREEMENTS
Exhibit (d)(iv)
SECOND AMENDMENT
To INVESTMENT SUBADVISORY AGREEMENTS
This SECOND AMENDMENT is made as of this 1st day of July, 2015 among Schroder Global Series Trust, Xxxxxxxx Investment Management North America Inc. and Xxxxxxxx Investment North America Limited to the Investment Subadvisory Agreement dated as of February 28, 2006, with respect to Schroder North American Equity Fund, and to the Investment Subadvisory Agreement dated as of October 29, 2010, with respect to Schroder Global Multi-Cap Equity Fund (formerly, Schroder Global Quality Fund) (the “Investment Subadvisory Agreements”).
WHEREAS, the Parties amended the Investment Subadvisory Agreements on June 30, 2012 to update Section 5 of the Investment Subadvisory Agreements and to add Exhibit A, each of which governs the compensation payable to Xxxxxxxx Investment North America Limited (the “Subadviser”); and
WHEREAS, the Parties desire to further amend the Investment Subadvisory Agreements to provide for a revised subadvisory fee;
NOW, THEREFORE, the parties agree as follows:
1. Exhibit A to each Investment Subadvisory Agreement shall be deleted and replaced in its entirety with the following:
Exhibit A
Set forth below are the specific percentages that apply to each Fund in calculating the Compensation to be paid to the Subadviser under Section 5 of this Agreement.
Schroder North American Equity Fund – 49.5%
Schroder Global Multi-Cap Equity Fund – 49.5%
2. All other provisions of the Investment Advisory Agreements remain unchanged.
IN WITNESS WHEREOF, the parties hereto have caused this Second Amendment to be executed in their names and on their behalf by and through their duly authorized officers as of the day and year first above written.
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By: |
/s/ Xxxx Xxxxxx |
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Authorized Signatory |
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XXXXXXXX INVESTMENT MANAGEMENT NORTH AMERICA INC. | ||
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By: |
/s/ Xxxxxxx X. Xxxxx |
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Authorized Signatory |
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XXXXXXXX INVESTMENT MANAGEMENT NORTH AMERICA LIMITED | ||
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By: |
/s/ Xxxx X. Xxxxxxxx |
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Authorized Signatory |
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