AMENDMENT TO SUB-ADVISORY BETWEEN TRANSAMERICA ASSET MANAGEMENT, INC. AND PINEBRIDGE INVESTMENTS LLC
Exhibit (d)(21)(v)
AMENDMENT TO SUB-ADVISORY BETWEEN
TRANSAMERICA ASSET MANAGEMENT, INC. AND
PINEBRIDGE INVESTMENTS LLC
THIS AMENDMENT is made as of August 28, 2020, to the Sub-Advisory Agreement dated March 1, 2014 (the “Agreement”) between Transamerica Asset Management, Inc. (the “Investment Adviser”) and PineBridge Investments LLC (the “Sub-Adviser”). In consideration of the mutual covenants contained herein, the parties agree as follows:
Schedule A to the Agreement is hereby deleted and replaced in its entirety with the attached revised Schedule A, and all references in the Agreement to Schedule A shall be deemed to refer to the attached Schedule A.
In all other respects, the Sub-Advisory Agreement dated March 1, 2014 is confirmed and remains in full force and effect.
TRANSAMERICA ASSET MANAGEMENT, INC. | ||
By: | /s/ Xxxxxxxxxxx X. Xxxxxxx | |
Name: | Xxxxxxxxxxx X. Xxxxxxx | |
Title: | Senior Vice President | |
PINEBRIDGE INVESTMENTS LLC | ||
By: | /s/ Rob Vanden Assem | |
Name: | Rob Vanden Assem | |
Title: | Managing Director |
Schedule A
Fund |
Investment Sub-advisory Fee* | |
Transamerica Inflation Opportunities ** |
0.15% of the first $250 million; 0.10% over $250 million up to $1 billion; 0.08% in excess of $1 billion | |
Transamerica Inflation-Protected Securities |
.15% of the first $100 million .10% over $100 million and up to $250 million .05% over $250 million | |
Transamerica Large Core*** |
.10% of the first $250 million; .09% over $250 and up to $500 million; .08% over $500 million | |
Transamerica Large Value Opportunities*** |
.10% of the first $250 million; .09% over $250 and up to $500 million; .08% over $500 million | |
Transamerica Unconstrained Bond |
0.25% of the first $1 billion; 0.245% over $1 billion up to $2 billion; 0.24% in excess of $2 billion |
* | As a percentage of average daily net assets on an annual basis. |
** | The average daily net assets for the purpose of calculating sub-advisory fees will be determined on the basis of the combined assets of Transamerica Inflation Opportunities and Transamerica PineBridge Inflation Opportunities VP, a series of Transamerica Series Trust. |
*** | The average daily net assets for the purpose of calculating sub-advisory fees will be determined on the basis of the combined assets of Transamerica Large Core and Transamerica Large Value Opportunities. |