Exhibit 99.77(q)(e)(1) [ING FUNDS LOGO] October 1, 2012 Todd Modic Senior Vice President ING Investments, LLC 7337 E. Doubletree Ranch Road Suite 100 Scottsdale, AZ 85258 Pursuant to the Amended and Restated Investment Management Agreement, dated...
Exhibit 99.77(q)(e)(1)
[ING FUNDS LOGO]
October 1, 2012
Xxxx Xxxxx
Senior Vice President
ING Investments, LLC
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Xxxxx 000
Xxxxxxxxxx, XX 00000
Pursuant to the Amended and Restated Investment Management Agreement, dated
August 1, 2012, between ING Series Fund, Inc. and ING Investments, LLC, as
amended (the "Agreement"), we hereby notify you of our intention to modify the
annual investment management fee for ING Corporate Leaders 100 Fund (the
"Fund"), a series of ING Series Fund, Inc., effective on October 1, 2012.
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, which
indicates the additional breakpoints to the annual investment management fee for
the Fund, is attached hereto.
Please signify your acceptance to the additional breakpoints to the annual
investment management fee for the aforementioned Fund by signing below where
indicated.
Very sincerely,
/s/ Xxxxxxxx X. Xxxxxxxx
------------------------
Xxxxxxxx X. Xxxxxxxx
Senior Vice President
ING Series Fund, Inc.
ACCEPTED AND AGREED TO:
ING Investments, LLC
By: /s/ Xxxx Xxxxx
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Xxxx Xxxxx
Senior Vice President
0000 X. Xxxxxxxxxx Xxxxx Xx. Tel: 000-000-0000 ING Series Fund, Inc.
Suite 100 Fax: 000-000-0000
Scottsdale, AZ 85258-2034 xxx.xxxxxxxx.xxx
AMENDED SCHEDULE A
with respect to the
AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT
between
ING SERIES FUND, INC.
and
ING INVESTMENTS, LLC
Series Effective Date Annual Investment
------ -------------- -----------------
Management Fee
--------------
(as a percentage of daily net
assets)
ING Alternative Beta Fund October 22, 2008 0.750% on all assets
ING Capital Allocation Fund
Direct Investments(1)
------------------
0.800% on first $500 million
0.775% on next $500 million
0.750% on next $500 million
0.725% on next $500 million
0.700% over $2 billion
Underlying Funds(2)
----------------
0.08%
ING Core Equity Research Fund 0.700% on first $250 million
0.650% on next $250 million
0.625% on next $250 million
0.600% on next $1.25 billion
0.550% over $2 billion
ING Corporate Leaders 100 Fund June 11, 2008 0.40% on first $500 million
0.35% on next $500 million
0.30% over $1 billion
ING Global Target Payment Fund June 18, 2008 0.08% on all assets
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(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 April 4, 2008.
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Series Effective Date Annual Investment
------ -------------- -----------------
Management Fee
--------------
(as a percentage of daily net
assets)
ING Large Cap Growth Fund February 29, 2012 0.70%
ING Money Market Fund 0.400% on first $500 million
0.350% on next $500 million
0.340% on next $1 billion
0.330% on next $1 billion
0.300% over $3 billion
ING Small Company Fund 0.850% on first $250 million
0.800% on next $250 million
0.775% on next $250 million
0.750% on next $1.25 billion
0.725% over $2 billion
ING XXXX Cap Equity Fund 0.450% on first $500 million
0.425% on next $250 million
0.400% on next $1.25 billion
0.375% over $2 billion
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