Contract
|
(d)(2)(i) |
May 1, 2013
Xxxxxxxxxxx Xxxxx
Vice President, Finance
ING Investment Management Co. LLC
One Orange Way, C1-N
Windsor, CT 06095
| Re: | Sub-Advisory Agreement between ING Investments, LLC and ING Investment Management Co. (the “Agreement”) |
Dear Xx. Xxxxx:
Pursuant to the Amended and Restated Sub-Advisory Agreement, dated August 1, 2012 between ING Investments, LLC and ING Investment Management Co. LLC (the “Agreement”), we hereby notify you of our intention to modify the annual sub-advisory fee for ING Global Target Payment Fund (the “Fund”), a series of ING Series Fund, Inc., effective on May 1 2013, upon all of the terms and conditions set forth in the Agreement. Upon your acceptance, the Agreement will be modified to give effect to the foregoing by amending Schedule A of the Agreement. The Amended Schedule A, with the annual sub-advisory fee indicated for the Fund, is attached hereto.
Please signify your acceptance to the modified annual sub-advisory fee with respect to the Fund by signing below where indicated.
| Very sincerely, | ||
| By: | /s/ Xxxx Xxxxx | |
| Xxxx Xxxxx | ||
| Senior Vice President | ||
| ING Investments, LLC | ||
| ACCEPTED AND AGREED TO: | ||
| ING Investment Management Co. LLC | ||
| By: | /s/ Xxxxxxxxxxx Xxxxx | |
| Name: | Xxxxxxxxxxx Xxxxx | |
| Title: | VP Finance , Duly Authorized | |
| 0000 X. Xxxxxxxxxx Xxxxx Xx. Suite 100 Scottsdale, AZ 00000-0000 |
Tel: 000-000-0000 Fax: 000-000-0000 xxx.xxxxxxxx.xxx |
ING Investments, LLC |
AMENDED SCHEDULE A
with respect to the
AMENDED AND RESTATED SUB-ADVISORY AGREEMENT
between
ING INVESTMENTS, LLC
and
ING INVESTMENT MANAGEMENT CO. LLC
| Series |
Effective Date | Annual Sub-Advisory Fee (as a percentage of average daily net assets) | ||
| ING Capital Allocation Fund |
Direct Investments1 0.360% on first $500 million 0.349% on next $500 million 0.338% on next $500 million 0.326% on next $500 million 0.315% over $2 billion | |||
| Underlying
Funds2 0.02% | ||||
| ING Core Equity Research Fund |
0.3150% on first $250 million 0.2925% on next $250 million 0.2813% on next $250 million 0.2700% on next $1.25 billion 0.2475% over $2 billion | |||
| ING Corporate Leaders 100 Fund |
June 11, 2008 | 0.180% on all assets | ||
| 1 | “Direct Investments” shall mean assets which are not Underlying Funds. |
| 2 | “Underlying Funds” shall mean open-end investment companies registered under the 1940 Act within the ING fund complex. The term, “fund complex” shall have the same meaning as defined in Item 17 of Form N-1A, as it was in effect on May 1, 2013. |
2
| Series |
Effective Date | Annual Sub-Advisory Fee (as a percentage of average daily net assets) | ||
| ING Global Target Payment Fund |
August 15, 2008 | Direct Investments1 0.135% | ||
| Underlying Funds2 0.036% | ||||
| ING Large Cap Growth Fund |
February 29, 2012 | 0.315% | ||
| ING Money Market Fund |
0.180% on first $500 million 0.158% on next $500 million 0.153% on next $1 billion 0.149% on next $1 billion 0.135% over $3 billion | |||
| ING Small Company Fund |
0.383% on first $250 million 0.360% on next $250 million 0.349% on next $250 million 0.338% on next $1.25 billion 0.326% over $2 billion | |||
| ING XXXX Cap Equity Fund |
0.203% on first $500 million 0.191% on next $250 million 0.180% on next $1.25 billion 0.169% over $2 billion | |||
| 1 | “Direct Investments” shall mean assets which are not Underlying Funds. |
| 2 | “Underlying Funds” shall mean open-end investment companies registered under the 1940 Act within the ING fund complex. The term, “fund complex” shall have the same meaning as defined in Item 17 of Form N-1A, as it was in effect on May 1, 2013. |
3
