AMENDMENT TO JANUS DETROIT STREET TRUST INVESTMENT ADVISORY AND MANAGEMENT AGREEMENT JANUS FUNDS
AMENDMENT TO
INVESTMENT ADVISORY AND MANAGEMENT AGREEMENT
JANUS FUNDS
THIS AMENDMENT is made this 24th day of October, 2016, between JANUS DETROIT STREET TRUST, a Delaware statutory trust (the “Trust”), and JANUS CAPITAL MANAGEMENT LLC, a Delaware limited liability company (the “Adviser”), regarding the funds listed in Appendix A (each, a “Fund” and together, the “Funds”).
WITNESSETH:
WHEREAS, the Adviser and the Trust, on behalf of the Funds, are parties to an Investment Advisory and Management Agreement dated February 22, 2016, as amended on April 18, 2016 (the “Agreement”);
WHEREAS, the parties desire to amend the Agreement as set forth in greater detail below;
WHEREAS, pursuant to Section 11 of the Agreement, the Agreement may be amended by the parties only if such amendment is approved by the Board, including a majority of the directors who are not interested persons of the Adviser, Distributor, or of the Trust and is in writing and signed by the parties to the Agreement; and
WHEREAS, Appendices A and B are hereby replaced with the attached Appendices A and B to reflect the addition of Janus Short Duration Income ETF, and Xxxxx XX Global Quality Income ETF.
NOW, THEREFORE, in consideration of the premises and of the mutual agreements set forth below, the parties agree to amend the Agreement as follows:
1. The parties acknowledge that the Agreement, as amended, remains in full force and effect as of the date of this Amendment, and that this Amendment, together with the Agreement, contains the entire understanding and the full and complete agreement of the parties and supersedes and replaces any prior understandings and agreements among the parties respecting the subject matter hereof.
2. This Amendment may be contemporaneously executed in two or more counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.
IN WITNESS WHEREOF, the parties have caused their duly authorized officers to execute this Amendment as of the date and year first above written.
| JANUS CAPITAL MANAGEMENT LLC | ||
| By: | ||
| Xxxxxxxx X. Xxxxxxxxx | ||
| Senior Vice President and Deputy General Counsel | ||
| JANUS DETROIT STREET TRUST | ||
| By: | ||
| Xxxxx Xxxxxx | ||
| Assistant Secretary | ||
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Revised October 24, 2016
Appendix A
Janus Small Cap Growth Alpha ETF
Janus Small/Mid Cap Growth Alpha ETF
Janus Velocity Tail Risk Hedged Large Cap ETF
Janus Velocity Volatility Hedged Large Cap ETF
The Organics ETF
The Long-Term Care ETF
The Health and Fitness ETF
The Obesity ETF
Janus Short Duration Income ETF
Xxxxx XX Global Quality Income ETF
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Revised October 24, 0000
Xxxxxxxx X
Management Fee Rates
| Fund |
Average Daily Net Assets | |
| Janus Small Cap Growth Alpha ETF |
0.50% | |
| Janus Small/Mid Cap Growth Alpha ETF |
0.50% | |
| Janus Velocity Tail Risk Hedged Large Cap ETF |
0.65% | |
| Janus Velocity Volatility Hedged Large Cap ETF |
0.65% | |
| The Organics ETF |
0.50% | |
| The Long-Term Care ETF |
0.50% | |
| The Health and Fitness ETF |
0.50% | |
| The Obesity ETF |
0.50% | |
| Janus Short Duration Income ETF |
0.35% | |
| Xxxxx XX Global Quality Income ETF |
0.45% | |
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