December 5, 2016 Christopher Kurtz Vice President Voya Investment Management Co. LLC One Orange Way, C1-N Windsor, CT 06095 Dear Mr. Kurtz:
(d)(2)(ii)
December 5, 2016
Xxxxxxxxxxx Xxxxx
Vice President
Voya Investment Management Co. LLC
One Orange Way, C1-N
Windsor, CT 06095
Dear Xx. Xxxxx:
Pursuant to the Sub-Advisory Agreement, dated November 18, 2014, as amended (the “Agreement”), between Voya Investment Management Co. LLC (the “Sub-Adviser”) and Voya Investments, LLC, we hereby notify you of our intention to retain you as Sub-Adviser to render investment advisory services to Voya Global Corporate Leaders® 100 Fund and Voya Global High Dividend Low Volatility Fund (together, the “Funds”), each a newly established series of Voya Mutual Funds, effective on December 5, 2016, 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 adding the Funds to Amended Schedule A of the Agreement. The Amended Schedule A, with the annual sub-advisory fees indicated for the Funds, is attached hereto.
Please signify your acceptance to act as Sub-Adviser to the aforementioned Funds under the Agreement with respect to the Funds by signing below where indicated.
| Very sincerely, | ||
| By: | /s/ Xxxx Xxxxx | |
| Xxxx Xxxxx | ||
| Senior Vice President | ||
| Voya Investments, LLC | ||
| ACCEPTED AND AGREED TO: | ||
| Voya Investment Management Co. LLC | ||
| By: | /s/ Xxxxxxxxxxx Xxxxx | |
| Name: | Xxxxxxxxxxx Xxxxx | |
| Title: | Vice President, Finance | |
AMENDED SCHEDULE A
with respect to the
between
VOYA INVESTMENTS, LLC
and
VOYA INVESTMENT MANAGEMENT CO. LLC
| Series
|
Effective Date
|
Annual Sub-Advisory Fee (as a percentage of average daily assets allocated to the Sub-Adviser)
| ||
| Voya Diversified International Fund | November 18, 2014 |
Direct Investments1 0.135%
Underlying Funds2 0.0300% on the first $500 million; 0.0250% on the next $500 million; 0.0200% on the next $1 billion; and 0.0100% in excess of $2 billion
| ||
| Voya Diversified Emerging Markets Debt Fund
|
November 18, 2014 | 0.3150% on all assets | ||
| Voya Emerging Markets Equity Dividend Fund | November 18, 2014 |
0.4500% on the first $100 million; 0.4050% on the next $150 million; and 0.3600% on assets in excess of $250 million
| ||
| Voya Global Bond Fund | November 18, 2014 | 0.1800% on all assets | ||
| Voya Global Corporate Leaders® 100 Fund | December 5, 2016 | 0.2300% on all assets | ||
| Voya Global Equity Dividend Fund | November 18, 2014 | 0.3150% 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 Voya family of funds. The term “family of funds” shall have the same meaning as “fund complex” as defined in Item 17 of Form N-1A, as it was in effect on November 18, 2014. |
| Series
|
Effective Date
|
Annual Sub-Advisory Fee (as a percentage of average daily assets allocated to the Sub-Adviser)
| ||
| Voya Global Equity Fund | Close of business on May 22, 2015 | 0.3825% of first $500 million of assets 0.3600% on next $500 million of assets 0.3263% for assets in excess of $1 billion
| ||
| Voya Global High Dividend Low Volatility Fund | December 5, 2016 | 0.2300% on all assets | ||
| Voya Global Perspectives® Fund | November 18, 2014 | Direct Investments1 0.1350%
Underlying Funds2 0.0450%
| ||
| Voya Russia Fund | November 18, 2014 | 0.5625% 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 Voya family of funds. The term “family of funds” shall have the same meaning as “fund complex” as defined in Item 17 of Form N-1A, as it was in effect on November 18, 2014. |
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