AMENDMENT TO THE MANAGED PORTFOLIO SERIES FUND ACCOUNTING SERVICING AGREEMENT
AMENDMENT TO THE
THIS AMENDMENT dated as of the 6th day of September, 2012, to the Fund Accounting Servicing Agreement, dated as of April 6, 2011, as amended August 23, 2011, November 8, 2011, February 16, 2012 and May 23, 2012 (the "Agreement"), is entered into by and between Managed Portfolio Series, a Delaware statutory trust (the "Trust") and U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company ("USBFS").
RECITALS
WHEREAS, the parties have entered into the Agreement; and
WHEREAS, the parties desire to amend the series of the Trust to add funds; and
WHEREAS, Section 13 of the Agreement allows for its amendment by a written instrument executed by both parties.
NOW, THEREFORE, the parties agree to amend the Agreement and add the following series of Managed Portfolio Series:
Exhibit J, the Advantus Strategic Dividend Income Fund, is hereby added and attached hereto.
Except to the extent amended hereby, the Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.
| MANAGED PORTFOLIO SERIES | U.S. BANCORP FUND SERVICES, LLC |
| By: /s/ Xxxxx X. Xxxxxx | By: /s/ Xxxxxxx X. XxXxx |
| Printed Name: Xxxxx X. Xxxxxx | Printed Name: Xxxxxxx X. XxXxx |
| Title: President | Title: Executive Vice President |
1
Exhibit J to the Managed Portfolio Series Fund Accounting Agreement
Name of Series
Advantus Strategic Dividend Income Fund
|
Multiple Series Trust
FUND ACCOUNTING, FUND ADMINISTRATION & PORTFOLIO COMPLIANCE, AND
CHIEF COMPLIANCE OFFICER (CCO) SERVICES FEE SCHEDULE at September, 2
012
|
|
Annual Fee for Accounting, Administration & Compliance Services, based on average net assets per fund*
[…]% ([…] basis points) on the first $[…] million
[…]% ([…] basis points) on the next $[…] million
[…]% ([…] basis points) on the next $[…]million
[…]% ([…] basis points) on the next $[…]million
[…]% ([…] basis points) thereafter
Minimum annual fee: $[…]per fund
§ Additional fee of $[…]for each additional class, $[…]per manager/sub-advisor per fund
Chief Compliance Officer Annual Fees (per advisor relationship/fund)*
$[…]for the first fund (subject to Board approval)
§ $[…]for each additional fund, $[…]for each additional sub-adviser per fund
Out-Of-Pocket Expenses
Including but not limited to corporate action services, fair value pricing services ($[…] on the first 100 securities, and $[…] on the remaining securities, per day), factor services, SWIFT processing, customized reporting, third-party data provider costs (including GICS, MSCI, etc), postage, stationery, programming, special reports, proxies, insurance, XXXXX/XBRL filing, retention of records, federal and state regulatory filing fees, expenses from Board of directors meetings, third party auditing and legal expenses, wash sales reporting (GainsKeeper), tax e-filing, conversion expenses (if necessary), and CCO team travel related costs to perform due diligence reviews at advisor or sub-advisor facilities.
Pricing Services**
§ $[…]- Domestic Equities, Options, ADRs
§ $[…]- Domestic Corporate/Convertible/Gov’t/Agency Bonds, Foreign Equities, Futures, Forwards, Currency Rates
§ $[…]- CMOs, Municipal Bonds, Money Market Instruments, Foreign Corporate/Convertible/Gov’t/Agency
Bonds, Asset Backed Securities, Mortgage Backed Securities
§ $[…]- Interest Rate Swaps, Foreign Currency Swaps, Total Return Swaps, Total Return Bullet Swaps
§ $[…]- Bank Loans
§ $[…]- Swaptions, Index Swaps
§ $[…]- Credit Default Swaps
Corporate Action & Manual Pricing Services
§ $[…]/Foreign Equity Security per Month for Corporate Action Service
§ $[…]/Domestic Equity Security per Month for Corporate Action Service
§ $[…]/Month Manual Security Pricing (>10/day)
NOTE: Use of alternative and/or additional sources may result in different or additional pricing costs than those illustrated here.
|
2
Exhibit J (continued) to the Managed Portfolio Series Fund Accounting Agreement
|
Multiple Series Trust
FUND ACCOUNTING, FUND ADMINISTRATION & PORTFOLIO COMPLIANCE,
AND CHIEF COMPLIANCE OFFICER (CCO) SERVICES FEE SCHEDULE
(continued)
|
|
Notes and Additional Services
Legal Administration, Adviser Information Source, Daily Pre- and Post-Tax Fund Performance Reporting, and Compliance Reporting are included in the proposal.
Other services are available, including additional legal administration services, daily compliance testing, Section 15(c) reporting, equity attribution, BookMark Electronic Board Portal, and additional services as mutually agreed upon, and are shown beginning on page 10 of this proposal.
*Subject to annual CPI increase, Milwaukee MSA.
**Per security per fund per pricing day.
Fees are billed monthly.
|
Advisor’s Signature below acknowledges approval of the fee schedules on this Exhibit J.
ADVANTUS CAPITAL MANAGEMENT, INC.
By:/s/ Xxxx X. Xxxxxx
Printed Name: Xxxx X. Xxxxxx
Title: Financial Vice President Date: 8/31/12
3
