SECOND AMENDMENT TO THE INVESTMENT ADVISORY AGREEMENT BETWEEN
SECOND AMENDMENT TO THE INVESTMENT ADVISORY AGREEMENT BETWEEN
GPS FUNDS II AND ASSETMARK, INC.
This Second Amendment is effective as of April 1, 2021, by and between GPS Funds II, a Delaware statutory trust (the “Trust”), and AssetMark, Inc., a California corporation (the “Advisor”).
WHEREAS, the parties entered into an Investment Advisory Agreement (the “Agreement”) dated October 31, 2016; and
WHEREAS, the parties previously amended the Agreement, effective January 1, 2018, to reflect the addition of the GuidePath® Conservative Income Fund, GuidePath® Income Fund; and GuidePath® Growth and Income Fund to Schedule A of the Agreement; and
WHEREAS, the parties now wish to further amend the Agreement, in accordance with Section 12 thereof, by amending Schedule A thereof to reflect the liquidation of the GuideMark® Opportunistic Fixed Income Fund, a series of the Trust;
NOW, THEREFORE, the parties agree as follows:
1.Schedule A to the Agreement is hereby deleted and replaced with the following:
Schedule A to the
Investment Advisory Agreement between
GPS Funds II and
AssetMark, Inc.
Pursuant to Section 5 of the Investment Advisory Agreement, the Trust shall cause each Fund to pay the Advisor compensation at an annual rate as follows:
| Fund: | Compensation (as a percentage of daily net assets): | Effective Date | Initial Renewal Deadline | ||||||||
GuidePath® Growth Allocation Fund | 0.250% | October 31, 2016 | October 30, 2018 | ||||||||
GuidePath® Conservative Allocation Fund | 0.250% | October 31, 2016 | October 30, 2018 | ||||||||
GuidePath® Tactical Allocation Fund | 0.350% | October 31, 2016 | October 30, 2018 | ||||||||
GuidePath® Absolute Return Allocation Fund | 0.350% | October 31, 2016 | October 30, 2018 | ||||||||
GuidePath® Multi-Asset Income Allocation Fund | 0.350% | October 31, 2016 | October 30, 2018 | ||||||||
GuidePath® Flexible Income Allocation Fund | 0.250% | October 31, 2016 | October 30, 2018 | ||||||||
GuidePath® Managed Futures Strategy Fund | 1.050% | October 31, 2016 | October 30, 2018 | ||||||||
GuidePath® Conservative Income Fund | 0.350% | January 1, 2018 | December 31, 2019 | ||||||||
GuidePath® Income Fund | 0.450% | January 1, 2018 | December 31, 2019 | ||||||||
GuidePath® Growth and Income Fund | 0.450% | January 1, 2018 | December 31, 2019 | ||||||||
2.Except to the extent modified by this Amendment, the remaining provisions of the Agreement shall remain in full force and effect. In the event of a conflict between the provisions of the Agreement and those of this Amendment, this Amendment shall control.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as of the day and year first written above.
| ASSETMARK, INC. | ||||||||||||||||||||
| By: | /s/ Xxxxxx Xxxxxx | By: | /s/ Xxxxxx Xxxxxx | |||||||||||||||||
| Name & Title: | Xxxxxx Xxxxxx, COO and EVP | Name & Title: | Xxxxxx Xxxxxx, President | |||||||||||||||||
