AMENDMENT NO. 18 TO THE INVESTMENT MANAGEMENT AGREEMENT
Exhibit (d)(1)(i)(A)(xix)
AMENDMENT NO. 18
TO THE
INVESTMENT MANAGEMENT AGREEMENT
AMENDMENT NO. 18 effective as of September 1, 2016 (“Amendment No. 18”), to the Investment Management Agreement, dated as of May 1, 2011, as amended (“Agreement”), between EQ Advisors Trust, a Delaware statutory trust (the “Trust”), and AXA Equitable Funds Management Group, LLC, a limited liability company organized in the State of Delaware (“FMG LLC” or “Manager”).
WHEREAS, FMG LLC and the Trust desire to modify the fees paid with respect to the Index Portfolios.
NOW THEREFORE, the Trust and FMG LLC agree to modify and amend the Agreement as follows:
Appendix B: Appendix B to the Agreement, which sets forth the fees payable to FMG LLC with respect to each Portfolio is hereby replaced in its entirety by Appendix B attached hereto.
Except as modified and amended hereby, the Agreement is hereby ratified and confirmed in full force and effect in accordance with its terms.
IN WITNESS WHEREOF, the parties have executed and delivered this Amendment No. 18 as of the date first above set forth.
EQ ADVISORS TRUST | AXA EQUITABLE FUNDS MANAGEMENT GROUP, LLC | |||||||
By: | /s/ Xxxxx Xxxxx |
By: | /s/ Xxxxxx X. Xxxxx | |||||
Xxxxx Xxxxx | Xxxxxx X. Xxxxx | |||||||
Chief Financial Officer and | Chairman, Chief Executive Officer | |||||||
Treasurer | and President |
APPENDIX A
AMENDMENT NO. 18 TO
INVESTMENT MANAGEMENT AGREEMENT
Portfolios
ATM International Managed Volatility Portfolio | AXA/Xxxxxx Xxxxxxx Small Cap Growth Portfolio | |
ATM Large Cap Managed Volatility Portfolio | AXA/Mutual Large Cap Equity Managed Volatility Portfolio | |
ATM Mid Cap Managed Volatility Portfolio | AXA/Pacific Global Small Cap Value Portfolio | |
ATM Small Cap Managed Volatility Portfolio | AXA/Xxxxxxxxx Global Equity Managed Volatility Portfolio | |
AXA 2000 Managed Volatility Portfolio | EQ/BlackRock Basic Value Equity Portfolio | |
AXA 400 Managed Volatility Portfolio | EQ/Xxxxxxx Socially Responsible Portfolio | |
AXA 500 Managed Volatility Portfolio | EQ/Capital Guardian Research Portfolio | |
AXA Global Equity Managed Volatility Portfolio | EQ/Common Stock Index Portfolio | |
AXA International Core Managed Volatility Portfolio | EQ/Convertible Securities Portfolio | |
AXA International Managed Volatility Portfolio | EQ/Core Bond Index Portfolio | |
AXA International Value Managed Volatility Portfolio | EQ/Emerging Markets Equity PLUS Portfolio | |
AXA Large Cap Core Managed Volatility Portfolio | EQ/Energy ETF Portfolio | |
AXA Large Cap Growth Managed Volatility Portfolio | EQ/Equity 500 Index Portfolio | |
AXA Large Cap Value Managed Volatility Portfolio | EQ/Global Bond PLUS Portfolio | |
AXA Mid Cap Value Managed Volatility Portfolio | EQ/High Yield Bond Portfolio | |
AXA Natural Resources Portfolio | EQ/Intermediate Government Bond Portfolio | |
AXA Real Estate Portfolio | EQ/International Equity Index Portfolio | |
AXA SmartBeta Equity Portfolio | EQ/Invesco Xxxxxxxx Portfolio | |
AXA/AB Dynamic Growth Portfolio | EQ/JPMorgan Value Opportunities Portfolio | |
AXA/AB Dynamic Moderate Growth Portfolio | EQ/Large Cap Growth Index Portfolio | |
AXA/AB Short Duration Government Bond Portfolio | EQ/Large Cap Value Index Portfolio | |
AXA/AB Small Cap Growth Portfolio | EQ/Low Volatility Global ETF Portfolio | |
AXA/DoubleLine Opportunistic Core Plus Bond Portfolio | EQ/Mid Cap Index Portfolio | |
AXA/Franklin Balanced Managed Volatility Portfolio | EQ/Money Market Portfolio | |
AXA/Franklin Small Cap Value Managed Volatility Portfolio | EQ/Xxxxxx Xxxxxxx Mid Cap Growth Portfolio | |
AXA/Xxxxxxx Sachs Strategic Allocation Portfolio | EQ/Xxxxxxxxxxx Global Portfolio | |
AXA/Horizon Small Cap Value Portfolio | EQ/PIMCO Global Real Return Portfolio | |
AXA/Invesco Strategic Allocation Portfolio | EQ/Quality Bond PLUS Portfolio | |
AXA/Xxxx Xxxxx Strategic Allocation Portfolio | EQ/Small Company Index Portfolio | |
AXA/Lord Xxxxxx Micro Cap Portfolio | EQ/Xxxxx Fargo Omega Growth Portfolio | |
Multimanager Aggressive Equity Portfolio | ||
Multimanager Core Bond Portfolio | ||
Multimanager Mid Cap Growth Portfolio | ||
Multimanager Mid Cap Value Portfolio | ||
Multimanager Technology Portfolio |
APPENDIX B
AMENDMENT NO. 18 TO
INVESTMENT MANAGEMENT AGREEMENT
The Trust shall pay the Manager, at the end of each calendar month, compensation computed daily at an annual rate equal to the following:
(as a percentage of average daily net assets) |
||||||||||||||||||||
Index Portfolios |
First $2 Billion |
Next $4 Billion |
Next $3 Billion |
Next $2 Billion |
Thereafter | |||||||||||||||
AXA Natural Resources |
0.500 | % | 0.480 | % | 0.460 | % | 0.450 | % | 0.440 | % | ||||||||||
AXA Real Estate |
0.500 | % | 0.480 | % | 0.460 | % | 0.450 | % | 0.440 | % | ||||||||||
EQ/Xxxxxxx Socially Responsible |
0.500 | % | 0.480 | % | 0.460 | % | 0.450 | % | 0.440 | % | ||||||||||
EQ/Common Stock Index |
0.350 | % | 0.330 | % | 0.310 | % | 0.300 | % | 0.290 | % | ||||||||||
EQ/Core Bond Index |
0.350 | % | 0.330 | % | 0.310 | % | 0.300 | % | 0.290 | % | ||||||||||
EQ/Equity 500 Index |
0.250 | % | 0.230 | % | 0.210 | % | 0.200 | % | 0.190 | % | ||||||||||
EQ/Intermediate Government Bond |
0.350 | % | 0.330 | % | 0.310 | % | 0.300 | % | 0.290 | % | ||||||||||
EQ/International Equity Index |
0.400 | % | 0.380 | % | 0.360 | % | 0.350 | % | 0.340 | % | ||||||||||
EQ/Large Cap Growth Index |
0.350 | % | 0.330 | % | 0.310 | % | 0.300 | % | 0.290 | % | ||||||||||
EQ/Large Cap Value Index |
0.350 | % | 0.330 | % | 0.310 | % | 0.300 | % | 0.290 | % | ||||||||||
EQ/Mid Cap Index |
0.350 | % | 0.330 | % | 0.310 | % | 0.300 | % | 0.290 | % | ||||||||||
EQ/Small Company Index |
0.250 | % | 0.230 | % | 0.210 | % | 0.200 | % | 0.190 | % |
(as a percentage of average daily net assets) |
||||||||||||||||||||
ETF Portfolio |
First $2 Billion |
Next $4 Billion |
Next $3 Billion |
Next $2 Billion |
Thereafter | |||||||||||||||
EQ/Energy ETF |
0.500 | % | 0.490 | % | 0.470 | % | 0.460 | % | 0.450 | % | ||||||||||
EQ/Low Volatility Global ETF |
0.500 | % | 0.490 | % | 0.470 | % | 0.460 | % | 0.450 | % |
(as a percentage of average daily net assets) |
||||||||||||||||||||
Money Market Portfolio |
First $750 Million |
Next $750 Million |
Next $1 Billion |
Next $2.5 Billion |
Thereafter | |||||||||||||||
EQ/Money Market |
0.350 | % | 0.325 | % | 0.280 | % | 0.270 | % | 0.250 | % |
(as a percentage of average daily net assets) |
||||||||||||||||||||
Equity Portfolios |
First $1 Billion |
Next $1 Billion |
Next $3 Billion |
Next $5 Billion |
Thereafter | |||||||||||||||
AXA/Franklin Small Cap Value Managed Volatility |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | ||||||||||
AXA Global Equity Managed Volatility |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | ||||||||||
AXA SmartBeta Equity |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | ||||||||||
AXA/AB Dynamic Growth |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | ||||||||||
AXA/AB Dynamic Moderate Growth |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | ||||||||||
AXA/Franklin Balanced Managed Volatility |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | ||||||||||
AXA/Xxxxxxx Xxxxx Strategic Allocation |
0.800 | % | 0.750 | % | 0.725 | % | 0.700 | % | 0.675 | % | ||||||||||
AXA/Invesco Strategic Allocation |
0.800 | % | 0.750 | % | 0.725 | % | 0.700 | % | 0.675 | % | ||||||||||
AXA/Xxxx Xxxxx Strategic Allocation |
0.800 | % | 0.750 | % | 0.725 | % | 0.700 | % | 0.675 | % | ||||||||||
AXA/Mutual Large Cap Equity Managed Volatility |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | ||||||||||
AXAXA/Xxxxxxxxx Global Equity Managed Volatility |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | ||||||||||
EQ/BlackRock Basic Value Equity |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | ||||||||||
EQ/Capital Guardian Research |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | ||||||||||
EQ/Invesco Xxxxxxxx |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | ||||||||||
EQ/JPMorgan Value Opportunities |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | ||||||||||
EQ/Xxxxxx Xxxxxxx Mid Cap Growth |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | ||||||||||
EQ/Xxxxxxxxxxx Global |
0.950 | % | 0.900 | % | 0.875 | % | 0.850 | % | 0.825 | % | ||||||||||
EQ/Xxxxx Fargo Omega Growth |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % |
(as a percentage of average daily net assets) |
||||||||||||||||||||
Equity Portfolios |
First $2 Billion |
Next $1 Billion |
Next $3 Billion |
Next $5 Billion |
Thereafter | |||||||||||||||
AXA/AB Small Cap Growth |
0.550 | % | 0.500 | % | 0.475 | % | 0.450 | % | 0.425 | % | ||||||||||
AXA/Horizon Small Cap Value |
0.800 | % | 0.750 | % | 0.725 | % | 0.700 | % | 0.675 | % | ||||||||||
AXA/Lord Xxxxxx Micro Cap |
0.850 | % | 0.800 | % | 0.775 | % | 0.750 | % | 0.725 | % | ||||||||||
AXA/Xxxxxx Xxxxxxx Small Cap Growth |
0.800 | % | 0.750 | % | 0.725 | % | 0.700 | % | 0.675 | % | ||||||||||
AXA/Pacific Global Small Cap Value |
0.800 | % | 0.750 | % | 0.725 | % | 0.700 | % | 0.675 | % | ||||||||||
Multimanager Aggressive Equity |
0.580 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | ||||||||||
Multimanager Mid Cap Growth |
0.800 | % | 0.750 | % | 0.725 | % | 0.700 | % | 0.675 | % | ||||||||||
Multimanager Mid Cap Value |
0.800 | % | 0.750 | % | 0.725 | % | 0.700 | % | 0.675 | % | ||||||||||
Multimanager Technology |
0.950 | % | 0.900 | % | 0.875 | % | 0.850 | % | 0.825 | % |
(as a percentage of average daily net assets) |
||||||||||||||||||||
PLUS Portfolios |
First $2 Billion |
Next $1 Billion |
Next $3 Billion |
Next $5 Billion |
Thereafter | |||||||||||||||
AXA International Core Managed Volatility |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | ||||||||||
AXA International Value Managed Volatility |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | ||||||||||
AXA Large Cap Core Managed Volatility |
0.500 | % | 0.450 | % | 0.425 | % | 0.400 | % | 0.375 | % | ||||||||||
AXA Large Cap Growth Managed Volatility |
0.500 | % | 0.450 | % | 0.425 | % | 0.400 | % | 0.375 | % | ||||||||||
AXA Large Cap Value Managed Volatility |
0.500 | % | 0.450 | % | 0.425 | % | 0.400 | % | 0.375 | % | ||||||||||
AXA Mid Cap Value Managed Volatility |
0.550 | % | 0.500 | % | 0.475 | % | 0.450 | % | 0.425 | % | ||||||||||
EQ/Emerging Markets Equity PLUS |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % |
(as a percentage of average daily net assets) |
||||||||||||||||||||
PLUS Portfolios |
First $2 Billion |
Next $4 Billion |
Next $3 Billion |
Next $2 Billion |
Thereafter | |||||||||||||||
EQ/Global Bond PLUS |
0.550 | % | 0.530 | % | 0.510 | % | 0.490 | % | 0.480 | % | ||||||||||
EQ/Quality Bond PLUS |
0.400 | % | 0.380 | % | 0.360 | % | 0.340 | % | 0.330 | % | ||||||||||
Multimanager Core Bond |
0.550 | % | 0.530 | % | 0.510 | % | 0.490 | % | 0.480 | % |
(as a percentage of average daily net assets) |
||||||||||||
First $2 Billion |
Next $2 Billion |
Thereafter | ||||||||||
Fixed Income Portfolios |
||||||||||||
AXA/AB Short Duration Government Bond |
0.450 | % | 0.430 | % | 0.410 | % |
(as a percentage of average daily net assets) | ||||||||||
Fixed Income Portfolios |
First $2 Billion |
Next $4 Billion |
Next $3 Billion |
Next $2 Billion |
Thereafter | |||||
EQ/Convertible Securities |
0.700% | 0.680% | 0.660% | 0.640% | 0.630% | |||||
EQ/High Yield Bond |
0.600% | 0.580% | 0.560% | 0.540% | 0.530% |
(as a percentage of average daily net assets) |
||||||||||||||||||||
Fixed Income Portfolio |
First $750 Million |
Next $750 Million |
Next $1 Billion |
Next $2.5 Billion |
Thereafter | |||||||||||||||
EQ/PIMCO Global Real Return |
0.600 | % | 0.575 | % | 0.550 | % | 0.530 | % | 0.520 | % |
(as a percentage of average daily net assets) |
||||||||||||||||||||
Fixed Income Portfolio |
First $750 Million |
Next $750 Million |
Next $1 Billion |
Next $2.5 Billion |
Thereafter | |||||||||||||||
AXA/DoubleLine Opportunistic Core Plus Bond |
0.600 | % | 0.575 | % | 0.550 | % | 0.530 | % | 0.520 | % |
(as a percentage of average daily net assets) |
||||||||||||||||||||
First $2 Billion |
Next $4 Billion |
Next $3 Billion |
Next $2 Billion |
Thereafter | ||||||||||||||||
Tactical Portfolios |
||||||||||||||||||||
ATM International Managed Volatility |
0.450 | % | 0.430 | % | 0.410 | % | 0.400 | % | 0.390 | % | ||||||||||
ATM Large Cap Managed Volatility |
0.450 | % | 0.430 | % | 0.410 | % | 0.400 | % | 0.390 | % | ||||||||||
ATM Mid Cap Managed Volatility |
0.450 | % | 0.430 | % | 0.410 | % | 0.400 | % | 0.390 | % | ||||||||||
ATM Small Cap Managed Volatility |
0.450 | % | 0.430 | % | 0.410 | % | 0.400 | % | 0.390 | % | ||||||||||
AXA 2000 Managed Volatility |
0.450 | % | 0.430 | % | 0.410 | % | 0.400 | % | 0.390 | % | ||||||||||
AXA 400 Managed Volatility |
0.450 | % | 0.430 | % | 0.410 | % | 0.400 | % | 0.390 | % | ||||||||||
AXA 500 Managed Volatility |
0.450 | % | 0.430 | % | 0.410 | % | 0.400 | % | 0.390 | % | ||||||||||
AXA International Managed Volatility |
0.450 | % | 0.430 | % | 0.410 | % | 0.400 | % | 0.390 | % |